Replies to post #220072 on Kraig Biocraft Laboratories Inc (KBLB)

[es1]

JMO Ray but i think its a company on only paper working out of M's current location and splitting the revenues.

M's is a small operation and already has infrastructure in southeast asia.

Trying to break out into a new area of the world is not something he wants to do i dont think.

That probably is OK with Kim because it allows someone like Polartec to get north american exclusives.

I have to add that with the internet and no personal knowledge of the fashion industry i have no idea if regional exclusives even exist any more.

I think its a perfect JV to start with. Kim can get the wheel spinning constantly but not so fast he loses control.

Polartec is great too, but too big a bite to swallow for Kim right now.

[SilkRoad]

KBLB 2021 1Q Report:

Press Releases: *8
Metric Tons of Silk: 0

Next PR will be that they are preparing to sign a lease for office space in Singapore and are planning to hire staff. Then a ribbon cutting ceremony with fruit baskets and flowers and lots of people standing around who have nothing to do. Just look at the photos above on this page for a preview. Production of more PR’s is right on track. Wish it was the same for metric tons of silk which is all everyone should care about. Without metric tonnage, we’ll be eating Spam out of a can and farmed shrimp instead of filet mignon and Maine lobster.



*Includes partial 2Q