InvestorsHub Logo
Followers 17
Posts 4305
Boards Moderated 0
Alias Born 04/13/2016

Re: igotthemojo post# 261528

Sunday, 05/28/2023 9:23:04 AM

Sunday, May 28, 2023 9:23:04 AM

Post# of 276230
Where we disagree the most: I am not certain KBLB can produce silk even at the US facility. They failed to produce enough silk for even one shoot pack for the Army contract. When they ship eggs to Vietnam, they are not shipping millions of eggs, they are shipping hundreds. We know this because it takes multiple generations to achieve a level where commercial scale production can be attempted.

Like everything else KBLB, this is uncertain. I hope they can produce at KBLB and at Prodigy and at the silkworm farm. But the enduring lack of production indicates the process is uncertain.

It would help a lot to know what the specific issues are. If silkworms are dying without cocooning, that is one problem. If the quality of silk produced is poor, that is a different problem. Thompson surely knows what the problem(s) is/are, but he is not sharing.

Claiming that there is a problem in ‘acclimating’ is just nonsense. Silkworms don’t acclimate. It’s not like we could warm them up a few more days or give them an extra week to eat and grow. Silkworms either survive and cocoon or they die.

Thompson knows what the problems are but he disguises the problems using misleading terms like ‘acclimation.’ Shareholders deserve better communication than this.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent KBLB News