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Wednesday, August 10, 2011 9:45:16 AM
I have gone back and checked previous post and have been unable to locate the examples you say you have provided. Could you supply them again?
"is there any possible reason why they would once again go back to a bottom of the barrel financial institution that is treating them like dirt?...seriously...does this make any sense?.."
Actually it makes very good sense....by going back to CSC they only needed to renew their existing contractual agreement. By doing this they saved a huge amount of time and the pace that kblb is moving at with the ZF insertions the one thing they can't afford is to loose time due to not having their funding in place. If they had to start from scratch with a new VC it would take many months before a new agreement could be agreed upon.
"and once again ill go back to sial, you know, their " partner"...the one lending all that credibility...the billion dollar company that investigated kblb and its finances...the company that apparently has decided against putting money into kblb...you know the kblb that is a billion dollar sure thing?..... shareholders here are the ones that have made such a big deal of sial's "partnership" with kblb...if that relationship is even close to what some think it is, i should think kblb would not have to worry about the chump change they need..."
There is an easy answer to this question. SIAL is not in the business of loaning money. They are in business to sell their products but, they apparently do not just sell their products to every Tom, Dick and Jane research and development companies. Thus, the reason why they sent their team to the lab at Notre Dame to investigate kblb's claim of creating a recombiant spider silk from a silk worm that was 80% as strong as native spider silk. After their investigation they were confident enough in kblb's science and their scientific breakthrough that they entered into a contractual agreement to supply kblb with their ZF technology to further their research and development in creating pure spider silk from silk worms.
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