Replies to post #152478 on Kraig Biocraft Laboratories Inc (KBLB)

[Lebbe1]

Polartec was a company in difficulties, now the company is healthy, doing extremely well.

In other words: ready for sale for an investment company.

They just added another asset to the sales talks:
A deal with the real deal spider silk company, huge asset in negociations in my opinion.

I think some great deal may be in the works...
Thanks for bringing this article to the board guys!!!

Was the rumour about a buyout some weeks ago, or a big deal maybe closer to the truth than we thought?

[Lebbe1]

Kim got punished with a partnership with Polartec.

Then I wish Kim keeps screwing things up LOL

[EOT]

That’s the problem being short kblb.
It’s just to much work

gl shorts

[pj123]

Under the direction of Smith, chief executive officer of the Andover, Mass.based fabric producer, Polartec went from the verge of liquidation to a profitable business that provides active and outdoor brands — and now luxury fashion labels — with a variety of performance fabrics.
Its most recent innovation is Power Air, a fabric that cuts down on shedding in synthetic fleece that hit the market this winter exclusively in Adidas products and has started rolling out to other brands.
As a result of the turnaround, Polartec’s private equity owners have “begun an active process to sell the company,” Smith said. While nothing is imminent, having private equity investors makes it inevitable a sale will happen. “It took a long time to turn this thing around,” the ceo admitted.