InvestorsHub Logo
icon url

Eskaminagaga

08/27/15 1:30 PM

#96350 RE: abomination907 #96347

I don't know if they have stabilized it in that range, but their claim to having 100% spider silk seems to be based on the properties mentioned in the patent.

I dont think they have commercial amounts as of yet, but they have started setting up a sericulture facility complete with mulberry in North Carolina as of last year, so they are gearing up. Assuming it takes 3 years to grow the mulberry and another year to two to grow the silkworms, I would expect them to be commercial in 2018-2019.

If Kim can get his foot in the door in Vietnam before the end of the year and get set up in an already established sericulture facility, he should have plenty of time to beat them to market assuming my estimated timeline is correct.