Kraig Biocraft Laboratories Inc (KBLB)

[igotthemojo]

"In 2022, China produced 55% of the world’s supply of silk. India produced 40%. The rest of the world only made 5%."

this sounds highly inaccurate...China produces more than that...

"The market cap for such a company would not be terribly impressive."

lol...the market cap would be enormous...

"You don’t have to care about China. Others may wish to keep an eye on developments there. There are certainly reasons for concern. Dismissing one’s competitors is the best way to make sure you are blindsided by their actions."

as i stated, China will be the 800lb gorilla...they will eventually dominate....but until then, kblb will supply 100% of the worlds spider silk...and kblb will be bought out before china becomes much of a concern...they will be a problem for someone, but it wont be kblb investors...