Kraig Biocraft Laboratories Inc (KBLB)

[fza]

No crystal ball required. It was all right there in the Letter to Shareholders. They are warning about losses since they are currently in the rainy season "which is typically the worst time for silkworm rearing"

Here is what Kim said for those of us who can read;

We are no longer experiencing the robustness challenges we faced with single-strain rearing. Before the rollout of the BAM-1 hybrid in 2024, our silkworms lacked the robustness to deal with the silkworm diseases and environmental stress that are frequently present in the field. In terms of robustness and disease tolerance, the BAM-1 appears to be on par with the Chinese commercial silk hybrid, which is the gold standard in that region for the production of mundane silk.

Now, this doesn’t mean that we are invincible. Globally, between 10% to 30% of all silk production with robust double hybrids is lost due to a handful of diseases and adverse weather conditions. This is just a part of working with these living production systems. It is a fact that is reflected in global silk economics.

Doesn't appears to be a warning to me. It has the distinct implication that we are more than holding our own during the yearly cycle. Sounds as though he is more than confident, being honest and finally growing a pair and I am not talking about crystal or 8 balls!