Replies to post #100843 on Kraig Biocraft Laboratories Inc (KBLB)

[first mike]

You said:

Also, for the record, Spiber Inc's first factory with a max output of 100 Kg a month of spider proteins went online in November 2013. They were producing proteins at that time, so I dont know why you think that they would be a scam.

Please look VERY CAREFULLY at your source for that bit of news.
To the best of my knowledge Spiber was not producing anything at that level even in 2015, nor have they ever stated any strength or elasticity numbers for any fiber that they have produced nor has any third party ever evaluated any fiber that they may have produced.

If you look at Spiber's history of statements and claims you will find that they have been Extremely Duplicitous, often talking about the properties of real spider silk as if that were their product, often stating as an accomplishment something which in fact is only an ambition.

Because both Spiber and Bolt are not public companies they are not legally bound to any standard of truth or disclosure.
Both have taken advantage of this freedom from legal oversight to lure investors and government grants by making some very "forward looking statements" without needing to characterize them as such in a disclaimer.

You will hear many wonderful things about Spiber and Bolt from various sources, but upon inspection you will find that all of those sources are in fact the companies themselves or paid by the companies to make such statements. (with no disclaimers required because they are not publicly traded)

Mike L.

[jatmraz]

In the next couple years, I believe KBLB, Spiber, and Bolt Threads will be the "big 3" in spider silk production and will make a lot of money.

My gut tells me that KBLB will be out of the picture in the next couple of years...and it won't be from a buy out or merger.

[es1]

From what I have been able to gather, standard silk costs less than $50 per kilo to manufacture from an established sericulture facility, so why the discrepancy?

You are right. The wholesale price of good silk is about 50 a kilo and as low as $10 a kilo.

It isnt a stretch at all to use these as KBLBs cost numbers. But to answer why Kim wouldn't say so.... Why would you tell the world you can produce for $10 a kilo and try to ask $200 a kilo for it?
Kim needs a base price to start the high tech silk market price.
He should keep the costs at 150 a kilo in the public view. It gives people like spiber a false sense of security to set their goals at $100 a kilo when the target they need to shoot for is $10 if they want to compete.

That's also why they need spider strength silk and not just silk with spider dna in it. Why would anyone use a synthetic silk that is inferior to mundane silk at 10x the price?

KBKB can produce silk at the same price as mundane silk and as strong as spider silk. That's worth 10x the price of mundane silk