Kraig Biocraft Laboratories Inc (KBLB)

[DimesForShares]

Today’s PR is something of a puzzle.

20% of the silkworms are hybrids being raised for silk. Check.

80% are parent lines that will be cross-bred to produce hybrid eggs for future production. Okay.

That means the next production cycle can use some of the millions of eggs for silk, while the remainder are put into cold storage for later production cycles.

Assuming 45 days to grow, cocoon, morph, grow, and mate, the next production cycle will cocoon around mid-December.

Okay.

The puzzle? Where will the next generation of parent line eggs come from?

It may be the case that KBLB has enough parent-line eggs in cold storage that they don’t need to reserve any of the parent line for future generations.

That would be a good thing.

It takes approximately 5,000 parents to produce a million silkworms eggs. Assuming a 100% hatch to cocoon rate (an unrealistic assumption), those million silkworms will produce 182 kilos of silk.

Multiply these approximate numbers by however many ‘millions’ you feel Thompson is speaking about.

Notice how different the PR would have read if Thompson had said ‘tens of millions’ or ‘hundreds of millions’ of eggs…