Replies to post #137392 on Kraig Biocraft Laboratories Inc (KBLB)

[jetow]

Check your email you just got it

[King Bolaba]

Maybe, but I can forgive them if they are in the throes of making the magic happen in Vietnam. It’s great news.

[Romans828]

As I've always said, TRUTH...Kraig has never demonstrated "professional expertise", in the area of IR/PR...ALWAYS been a HUGE negative...

EOD

[EOT]

I was hoping for a PR on financing. It’ll come soon though.

So they are using an existing facility which will make it smoother.

“Kraig Labs has identified a facility”

Indiana probably has tons of existing eggs so the ramp up should be surprisingly quick. This could be a very swift transition!

http://www.kraiglabs.com/kraig-biocraft-laboratories-new-spider-silk-production-facility-now-fully-operational/
2016......
“successfully launched production at its new Indiana production facility with the hatching of more than 40,000 silkworms. “
“The Company has a large inventory of silkworm eggs ready to hatch and, over the coming weeks, plans to ramp up the hatch rate.“

So if they started with 40 000 in Indiana in 2016 I wonder how many they have now? I suspect the Indiana facility is probably very huge, but Kraig doesn’t seem to want to tell investors????

[SilkRoad]

From this PR, it sounds like they have already secured the existing factory and probably also secured the land they had their eyes on. Definitely have the facility I would say based in this in yestersay’s PR:

Kraig Labs has identified a facility, in Quang Nam province, with the capacity to support operations and is working with local experts to update and buildout the facility to meet production specifications.