Replies to post #179178 on Kraig Biocraft Laboratories Inc (KBLB)

[Little G]

Another brilliant analysis! Thanks for all you do on this board, just brilliant!

[TRUISM]

So this shows that the 1st delivery won't happen this year, as many had postulated.

It states in the previous PR:

With hatching complete, the Prodigy Textiles team is now busy rearing this significantly expanded silkworm population. The Company anticipates these silkworms becoming cocoons over the next two weeks, with this batch of specialized silk expected to be completed by Christmas...

The Company will be sending its COO, Jon Rice, to Vietnam to oversee the completion of this second generation. During this trip Rice will work with the Prodigy team, as it prepares to convert the resulting cocoons into finished silk yarn. Rice will also set the stage for further expansion with the next production cycle slated to begin in early January.

KRAIG BIOCRAFT LABORATORIES COMPLETES HATCHING SECOND GENERATION OF SILKWORMS- December 3, 2019

While allowing COO Jon Rice and "The Prodigy Team" to do the rest in Vietnam. ;-)




Blessings To All
TRUTH

[bananarama]

"That means that they will have to survive another few months. KBLB needs to get cash immediately in order to do that."

First off, I hope you noted this line in today's PR,

"While the Company’s R&D team continues to push the boundaries of scientific possibilities, the Company will continue to advance the commercialization of its current suite of technologies, which have different target markets."

In relation to your line at the beginning of this post, I want to say that the company "has survived" ten years and they always needed "go get cash immediately," so a few more months is NOTHING. KBLB has made it this far, so a several more months is a cakewalk. IT IS ALL GOOD! So, again, this is the time to be buying, since the next time the share price takes off, it will be permanent, IMHO. GO KBLB!