Kraig Biocraft Laboratories Inc (KBLB)

[DimesForShares]

One question I had was: why hire two sericulture experts instead of one? Do they have complimentary experience? Or are we just getting two of the same kind of people? How much variability can there be in sericulture experts with decades of experience?

An ancillary question: How did they show up at KBLB in such close proximity.

None of these questions have answers in the PR we received. Perhaps we will learn more in the future, but I don’t consider the questions all that important.

That led to postulate that they came as a couple. In order to get either one, he had to hire both.

I don’t really care if they are married or hetero or anything else. It doesn’t matter much if they are a couple, other than the fact they probably work well with one another, hence their decades of experience.

There is very little domestic US sericulture going on. The International Sericulture Commission has an online report of global silk production by country from 2015 to 2021: https://inserco.org/en/statistics. This lists the 22 largest silk producing countries in the world. Columbia, Romania, Syria, and South Korea each made the list and none of them produced more than one metric ton in any of the 7 years. The US didn’t make the list. According to this report, the US never produced a single metric ton of silk domestically in any of those years.

In a country as big as ours, I’m guessing there are places around that grow silkworms and make silk, but they do it on such a small scale that it’s not considered an industry worth reporting on.

Thus, I don’t believe there are a multitude of sericulture experts in the US, much less two of them who want a job at the same time.

My conclusion is that KBLB was lucky to find any people at all with that depth of sericulture experience, much less two of them. It doesn’t really matter to me if they are married or not. But it may be easier for Thompson to hold onto them if he can offer them two jobs at the same place. I doubt that many sericulture jobs are open in any given year in the US.

Hope that helps you understand where I am coming from.

Anyone interested in further details of sericulture might check out this article https://www.theatlantic.com/magazine/archive/1880/11/the-silk-industry-in-america/632275/ that was printed in The Atlantic back in 1880! It has an interesting ‘first-hand’ perspective.