Replies to post #77988 on Kraig Biocraft Laboratories Inc (KBLB)

[TRUISM]

He also stated:

"The scientific evaluation team's findings reinforce our belief that this important program is working and warrants that we commit additional resources to our scale up of Monster Silk™ production. This evaluation encourages us that we are on the right track to achieve our goal of large scale production. More importantly, the team found areas where we can improve our production efficiency in order to reach that goal. We have already started to put these plans in place to strengthen the Monster Silk™ production program," said Company Founder and CEO, Kim K. Thompson.

The goal of this program is to produce Monster Silk™ in metric ton quantities.

Click For March 20,2014 PR

AND

"Earlier this year, we set ambitious goals for the growth of our Company and for the production of genetically engineered spider silk," said Company Founder and CEO, Kim K Thompson. "Since then, we have expanded our productive capacity in order to make that growth a reality. The current production run is by far the largest in the Company's history. The doubling of production is an important milestone in the commercialization of spider silk and is affirmation of the success of our production plan and commercialization strategy," stated Thompson.

July 9 2014 PR


Even Ben is standing by the definition of MID 2014 to mean June,July and August.

If he tells me that "as far as he knows" KBLB is still on production schedule,then i'm inclined to believe him....





TRUTH

[Eskaminagaga]

I agree, Kim did give a "theoretical" possibility of having metric tons by January and a "conservative" estimate being "mid-year". This compounded with the fact that they more than doubled their production efficiency (from 30% to 70%) since he made that estimate would least most people to assume that it would be closer to the January date.

This did and has not happened yet (or at least it has not been publicly released that it has). I don’t believe that Kim is a liar. Sure his lawyer training shows up in his PRs with his vague and leading statements, but there is no reason that he would have given a rough timeframe that he made up himself if he did not think that he would make it.

Knowing this, you have to look at things that have happened since this estimate was made that could have prevented it from happening as predicted. There are 2 things that I can think of that could have happened:

1. Warwick found that some of the MonsterSilk strains were unusable, so Kim had to stop production from those silkworms, cutting their manufacturing significantly.

2. Kim did not know the difference between Reeled Silk and Spun Silk and treated them both the same. I think this is more likely because at one point, they had to send the silk to a silk spinning expert who then "reprocessed" the silk. I think all the expert did was separate the higher quality "reeled" silk from the lower quality "spun" silk. Since Kim seems to be trying to get as much quality out of his silk as possible to make the greatest impact to the initial market, I bet he is throwing out the spun silk and only using the reeled silk.

There may be other factors about the silk that the expert found that I am not aware of as I have only recently started researching the different silk varieties and how it is processed. I am willing to bet it basically rendered a portion of the silk unusable that was previously thought useable.