Replies to post #228235 on Kraig Biocraft Laboratories Inc (KBLB)

[want2retire]

If it is primarily land for planting mulberry, how big do the buildings need to be? Have we maxed out capacity at the current facility?

Also sounds like there are efforts underway to set up domestic production.

[faithabides]

I disagree. Things are a lot cheaper in Vietnam.

[blueazur]

***********On July 1, 2021, the Company signed a 5 year property lease in the Socialist Republic of Vietnam which consists of 36,000 square meter property and building, which it leases at a rate of approximately $9,570 per year for each of the five years.***********

Expansion for higher and growing production goes on...very great news!!