Kim stated during the December 2015 Conference Call:
5) Q & A: Did KBLB Produce Metric Ton Capacity?
CEO Kim Thompson states:
"We are not producing metric ton quantities at the pilot production facility.
That facility does have that capacity and I do believe that we could produce many metric tonnes of material at that facility.
We did report early on that production was increasing and it was and we have an ability to increase it further.
We also began looking at the quality of the material coming out of that facility.
And although we can produce a very large quantity of material, or a very large quantity; many metric tonnes, it didn't make any sense when looking at the quality of this material.
In short, when we ship product sample to a potential customer, or a potential collaborative partner, it's important that that material reflect the properties of spider silk; of the strength and elasticity, so that these potential partners can see what our material can do.
And frankly we weren't seeing that out of the QC of the production facility.
The main problem really with quality control was local infrastructure.
Yes we have infrastructure necessary for actually producing raw fiber; but not the infrastructure necessary to take that fiber, process it and spin it into a quality product that maintains our standard of quality control.
And we feel strongly; with the custom that we have potentially one real chance at making that impression and study for a material that's coming out into the market.
It's one of the reasons we've been looking more and more at countries like Vietnam that have very established production of silk and excellent quality control.
Because we know from what what we've seen at the pilot production program, that we can take our genetically modified silkworm, feed that into that infrastructure and what we're going to get out is something similar in quality control as to what they're producing natively there, in terms of, not the material strength; certainly our material strength is going to be significantly improved compared to any other silk product; in terms of general quality control over silk.
And that's the reason we haven't ramped up production there to the metric tonne levels.
We could've done that; we could've spent the money to do that but to what effort?
So that we could put out a press release saying we've produced metric tonnes?
I didn't really see the point in that; not in producing material and warehousing it.
We want to produce material that we can stand behind,have confidence in, send it out to potential development partners and have it knock their socks off."
Time is money and every single day that goes by that this thing doesn’t get off the ground we investors are losing time and money. Very frustrating to see others having success while we are drifting backward. Pun intended.