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Wednesday, December 06, 2023 7:48:01 PM
Everyone has missed this
I saw that also. I wrote it off as a misspelling. Meant to say "from" not "for".
I look at it this way. If KBLB was/is planning on expanding into India they would certainly release that in a PR. In a way that was made clear.
And....
Why expand when you haven't gotten it to work in Vietnam?
Another head scratcher is...
Senior management will also meet with hatcheries and spinners to look for opportunities to expand the Company’s integration into the supply chain and to vet additional production locations and partners, for 2024 and beyond.
Who is going to commit to a company that hasn't been able to produce?
Just look how the original 3rd party contractor hasn't been used to the point they were expecting to be used up to this point.
Tons production was estimated by end of this year. It's now trial runs in the spring.
I would think the best they are going to get is... when you prove you can produce we can talk, I can't lock down production times for your silk without guaranteed production results.
This was nothing more than a rehash of news that was already known with a blurb of looking to expand when they have struggled to produce since 2014.
Here's to hoping the spring trials go well.
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