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Lebbe1

06/09/15 11:06 AM

#92806 RE: carp302 #92805

2nd half 2015?
That's why they expect much from Jon then, the COO?
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Jonnyo07

06/09/15 11:39 AM

#92815 RE: carp302 #92805

Very good question and my thoughts on that is that the PRs are filled with forward looking statements, that's a get away for all...it seems.
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Eskaminagaga

06/09/15 12:15 PM

#92820 RE: carp302 #92805

My one question for him is what happen to the time frame he PR'd last year for commercialization?



This is all speculation, but I believe that KBLB might achieve small scale commercialization from the production at the pilot facility with WM in the not too distant future, but I don’t think it would be very profitable and would likely only slow the dilution needed to keep operating.

I believe that KBLB needs a full scale commercial sericulture facility to make enough to completely stop diluting and start making some serious money. Unfortunately, with the delay in Vietnam and no word on any facility being set up elsewhere, I feel that they deadline for this is continuously being pushed. I remember Kim stating previously that it would take up to 6 months to move into a new commercial facility. I am hoping that Kim is at least freezing silkworm eggs from each generation to ensure that he can get a running start at a new sericulture facility and reduce that time when he finally can be set up. Once he has the production needed, I don’t think he will have any issues finding a demand for his supply.