Thursday, January 23, 2014 9:51:13 AM
"Kraig has set up a pilot spider silk production operation overseas in a country that offers a trained workforce for the production of silk. "We've reached the point where we're ready to ramp up to commercial-scale production," Thompson said. "Now, we're raising the silkworms primarily to multiply instead of harvesting them. Each pair of silkworms produces 300 to 500 eggs. We get a new generation roughly every 50 days, so we can go from 100,000 to many millions of silkworms in just a few months and have the capacity to begin pumping material to Warwick and ultimately to other partners.""
- Considering the latest PR and the latest releases from Vietnam, the pilot is most likely in Vietnam, so there is a facility already selected, an agreement signed and production of MS has begun, which has enabled KBLB to provide a small amount of MS to Warwick Mills;
- Considering the latest signature of an agreement by UA ( to be in effect in July 2014) to provide equipment to UND, considering that UA has indicated that they want to use any technology developped in UND and considering that KBLB has indicated to be in discussion with a sport apparel company, the first product to include MS may very well be from UA; and
- Considering the unkown about BR (specially because of the lenght of time related) I think SSM is likely to include it in its product for security and military uses.
In short I'm confident that my investment will be very (if not amazingly!) fruitful!
Jonnyo07
Good things come to those who can wait...
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