Sorry for the late reply, i have not been keeping up with this message board as much as I should. It seems like this board exploded over the last couple days that i have not been following it.
It was pretty obvious to me that Kim had already achieved a transgenic silkworm due to the old UND sponsored press release and the PNAS report. I don't think Kim would blatantly lie just due to the huge potential reprocussions of doing so. Because of this, I had assumed that the not achieving the transgenic silkworm was regarding one that produces pure spider silk. This recent facebook post shows that it was simply a mistake of carrying over old info.
I know that Kim has not been the most diligent with updating the S-1 info, seemingly preferring to copy & paste everything. I know this because I had contacted Ben last year with a similar question over different old info being carried forward in the past and he made sure it was corrected in the next filing.
Also, concerning your Post #90762, I did a side by side comparison between the two S-1 statements and found that the two statements that you are referring to are seperate statements and both were carried over as legacy info.
News 
Market Data 
Discover 
