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faithabides

02/23/21 2:49 PM

#215225 RE: first mike #215223

First Mike! What an honor and a privilege to see your post!

One question.. can you guess why it went about a month and a half later than your latest estimate of Jan. 12 for us to finally see this?



first mike Member Level Tuesday, 11/10/20 03:51:24 PM
Re: fred26 post# 205603 0
Post # of 215226
We are in general agreement.
Your limits are 30 to 58 days egg to cocoon.
The generally accepted average is 45 days.
KBLB has beaten that time in the past coming in at about 40 days.
I have recently been informed that the actual arrival date of the eggs was 10/24.
So by your absolute minimum times cocoon production would commence on 11/23.
Giving it 2 or 3 days for spinning and hardening, cocoons could be harvested starting on 11/25 and done by 11/28.
Adding about a week for reeling would make the earliest possible date of an announcement roughly 12/4.

But this is an unlikely-to-be-achieved optimal.
More likely is 40 days that KBLB has already achieved once, which would put the announcement at about 12/15.

Note that by your longest time spans the announcement could come as late as 1/12/2021 without any failures.

MIke L.

m_a_d

02/23/21 2:50 PM

#215226 RE: first mike #215223

One of the most realistic/honest messages I've seen here in a long time.
This is a biological process. There are NO shortcuts.

WebSlinger

02/23/21 3:09 PM

#215228 RE: first mike #215223

<< It was stated that the first batches would be dedicated to egg multiplication rather than to silk fiber production. >>

Where was that stated? KBLB never made any such statement.

On the contrary, KBLB stated (in multiple PRs) that they were restarting COMMERCIAL PRODUCTION and that the "first production run" was going to be sent to a "partner" to "fulfill an outstanding order".

Back in October and November, statements were VERY optimistic at the time. Here is one of those ridiculous statements:

"11/10/2020 - More likely is 40 days that KBLB has already achieved once, which would put the announcement at about 12/15."

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=162075841



It is amazing how statements are constantly made to try and rewrite history.

midnighttrains

02/23/21 3:31 PM

#215230 RE: first mike #215223

Your posts are refreshing Mike!

igotthemojo

02/23/21 3:49 PM

#215233 RE: first mike #215223

"The first ton++ shipment should occur when the third generation is completed, in about another 60 days."

so, 6 months to make one ton of product?...and if anyone expected better, then they expected too much?...and of course, most importantly, its all their fault, not kim's..

if the boys at lame dong were to read your post, they would likely be falling over laughing, wondering if prodigy began production with one silkworm egg!!...lol

they had 10 months to produce billions of eggs at the kblb lab...but apparently only sent one egg to prodigy??...lmao

"Additionally many hectares of Mulberry must be planted and grown to production maturity to feed the worms."

worms eat mulberry leaves?...this has been known for thousands of years...kblb has been in vietnam for years now...prodigy has been around for years also..

is it even possible that prodigy STILL doesnt have enough mulberry leaves???...how?..

sorry...calling BALONEY on all that...

Z06 MAN

02/23/21 6:55 PM

#215251 RE: first mike #215223

Great post first mike. Major deliveries up next, names of customers and contracts will be revealed. Oh the possibilities!

$KBLB$

SilkRoad

02/23/21 7:10 PM

#215254 RE: first mike #215223

Very good recap and I’m cautiously optimistic about your first metric ton forecast. Be nice if they can produce the first metric ton that quickly. IMHO

bananarama

02/23/21 7:47 PM

#215259 RE: first mike #215223

Thanks, Mike! So, in layman's terms, the importance of today's PR is that the company has established a pipeline. This is huge news and bodes very well for future contracts and shipments, IMHO! GO KBLB!

King Bolaba

02/23/21 8:33 PM

#215264 RE: first mike #215223

Great post Mike.