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Replies to post #153899 on Kraig Biocraft Laboratories Inc (KBLB)
TRUISM
05/08/19 6:34 AM
#153904 RE: sickzone #153899
right now i just want to get out of pilot production and see a major ramp up of mulberry plantings from the current documented 5ha. looking forward to reading a report of the first 100-200ha of mulberry plantings dedicated to kbl. we can have 15 buildings,but without mulberry it means little. as you know.
Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (“Company”), the leading developer of spider silk based fibers announces today that work has begun under the collaborative agreement signed between the Company and several farming cooperatives in Quang Nam Province, Vietnam. As part of the agreement reported earlier this month, these farming cooperatives have now begun planting mulberry. This mulberry is the key input for the Company’s newly formed subsidiary, Prodigy Textiles, its proprietary hybrid silkworms, and the commercialization of the Company’s recombinant spider silk materials. Silkworms are voracious eaters, consuming more than 100 kilograms of mulberry leaves for every kilogram of finished silk produced. For this reason, transportation logistics and local sourcing of mulberry are core to the Company’s strategic plan. Under these agreements the Company expects that as many as 2,500 hectares (~6177 acres) of mulberry will be planted near the Company’s new factory, supporting Prodigy Textiles spider silk production for several years to come. “Planting these mulberry fields means that we now able to support rearing our hybrid silkworms at Prodigy Textiles,” said Jon Rice, COO. “Access to large quantities of fresh mulberry is a core piece of our production growth strategy and was a key element of our decision to select Vietnam for commercializing our spider silk technology. The local farming cooperatives have the existing capacity to meet Prodigy’s mulberry needs over the coming months. These additional plantings provide us with the confidence that we will be able to maitain our scale up plans for years to come, while also providing these farmers with sustaining and reliable income.”
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