ES1 I'm not going to crunch the egg numbers with you again because you have painstakingly ran those numbers over and over with us. We have the eggs and the time elapsed to reach production levels.
WE have not pulled the trigger or shall I say move the ink to cause that train (commercialization) to leave the station but lets say you are correct and it takes as long as you say to reach each new individual fiber production time frame. Then we will be the fiber sloth of the 21st century.(which may be why companies are shying away from us) Personally I believe you are still in the "lets make excuses for KBLB MODE" and "I'm moving to the lets see RESULTS MODE." Worms / Cocoons/ Spin/ SALE here is a portion of the Mar 30,2013 CCT but in laymen terms we have the product. We have the product. We have the product. Worms / Cocoons/ Spin/ SALE
March 30, 2012 Conference Call Transcript
We are only looking for a small number of companies to work with us on commercialization, market and product development; each such perspective partner operating in separate niche. For example, of our thinking here, one Company might work with us on developing the market for a specific sportswear application where another company which weaves fabric for the defense industry might work with us on integrating Monster Silk into one or more of their product lines.
Frankly, we are already talking with more companies than we actually need or want, as marketing partners, according to our commercialization plan, but we are looking to form long term relationships, not one off sales. So the selection of the right partners is critical. We want to make sure that any prospective company that we would enter into a relationship with has; one, an ability to move significant volumes of product into the marketplace; two, has the necessary product and market expertise to work with us on successfully integrating monster silk and eventually generation 2 product into their product lines; and, three, that they also share our vision and, to some extent, passion for this breakthrough fiber.
Now, at the same time that we're doing this, we are going to significantly increase our recombinant spider silk production through our Monster Silk brand. The initial part of that ramp up has already taken place in the laboratory. We have significantly increased the number of monster silkworms and we have been successfully implementing a plan for accumulating, and essentially stockpiling, monster silkworm eggs in preparation for a significant expansion of production capacity. We will be increasing the pace of that ramp up in our new laboratory. All of this is being done as part of the necessary preparation for industrial scale production.
BH: Is Sigma-Aldrich going to be more deeply involved in production and/or distribution?
KT: I do not envision that at this time. They are working with us in terms of assisting us with Zinc Finger Nuclease fabrication and expertise, but, at this time, I really don't see their involvement in distribution and production.
BH: Kim, it's easy to get lost in all the sexiness of all the potential future spider silk uses, but aren't the initial agreements going to cover mundane silk uses, like sports apparel or s ilk ties and suits?
KT: Well, that is what we initially thought when we saw this material for the first time, but, since that time, we have been talking with companies, including defense contractors, who have approached us about applications for Monster Silk. In some cases, the companies who are contacting us have been educating us about the potential of Monster Silk for their particular applications; applications that that company knows about because of their particular product line. So, in short, the market for Monster silk may be broader than we first realized when the product was developed in the laboratory.
BH: Thanks Kim. Before we say our farewells, is there anything else you would like to add?
Yes, thank you Ben.
As the company grows and we increasingly interact with larger established companies in our target markets we need to grow internally as well as externally. I believe that we are on such a path of growth. We anticipate adding significant new corporate communications and investor relations support as part of our increasing public profile. Ben, over at Hansel Capital who is on the call with me, has been doing a great job of spearheading communications for us, but as we grow he can not be expected to shoulder that burden alone.
So, the message, in short, is one of growth. Our laboratory is physically growing as we move part of our R & D and production ramp up into a new lab. We are also accelerating our R&D on our next generation technology, the gen two technology. We are ramping up production of our Monster Silk product and we are reaching out to form new partnerships with the companies who have existing sales in our target markets. This is a very exciting time at Kraig Biocraft Laboratories. It is also a hectic time.
I want to thank the shareholders for supporting the company. Together we have accomplished what many thought was impossible. As we grow we will continue build on those accomplishments.
BH: Thank you Kim. Well, that wraps up today's call and I'd like to thank you, again, for listening in.
KT: Thank you, again, Ben, and thank you, again, to our shareholders.
It has been a year and a 1/4 since this CC Worms / Cocoons/ Spin/ SALE
