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EOT

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Alias Born 05/05/2014

EOT

Re: Money4Nothing-M4N post# 277361

Monday, 06/03/2024 1:02:39 PM

Monday, June 03, 2024 1:02:39 PM

Post# of 281979
Yes now that production is getting serious. It’s time to get moving. Something’s close to a roll out….


JANUARY……
“During the ramp-up phase, while production quantities are relatively limited, the Company is targeting end-product applications in fashion and performance apparel. "Because production quantities will be relatively limited during the early stages of the production ramp-up, and because we will have control of that limited supply of Dragon Silk, it makes sense for us to focus on markets where we can control the end use of the Dragon Silk That will allow us to potentially share in a portion of the value-added manufacturing and distribution beyond the creation of the recombinant spider silk itself," said Company Founder and CEO, Kim Thompson. "In essence, we are looking for partial vertical integration in these early spider silk products to maximize our market position.”

As production quantities increase, the Company expects to begin addressing demand from additional market segments, including:

Engineering textiles
Composites
Cosmetics
Defensive and protective textiles
Bio-plastics that are biodegradable and bio-compatible
Fiber optics
Medical textiles, fibers, ligaments, wound dressings, skin grafts, and tissue engineering”
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