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Re: jealmc79 post# 271224

Wednesday, 01/24/2024 10:06:50 AM

Wednesday, January 24, 2024 10:06:50 AM

Post# of 279422
“I’ve read where there is a 50% profit margin for farmers that buy the eggs and grow out the worms to produce regular silk.”

I have no idea how the contract was written up between GSS and Kblb…I don’t know how much they are being paid or what percentage…and apparently, you don’t either…

What I do know is that Kblb owns a piece of GSS so whatever the contract is between them, you can bet it’s favorable to Kblb…

And with the joint venture that Kblb has with the kings group and M (Spydasilk), Kblb will get a piece of whatever is made and sold with its product…

And kblb’s product is DS…the fiber…it is not just the eggs…

Kblb’s DS is cutting edge, holy grail type stuff… I seriously doubt they are just selling the eggs over to GSS…
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