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want2retire

06/21/22 10:59 AM

#242420 RE: rayovac812 #242409

“It does appear they brought disease resistant silkworm eggs or technology(?) to Prodigy labs.

"A focus of his work has been bringing state-of-the-art technology into our Vietnamese lab to reduce and eliminate mundane silkworm pathogens known to impact global silk production and inhibited the Company's production growth."

This is an outstanding update.”

Very interesting. So they are not talking about working on mundane silk but the platform of mundane silkworms that are utilized as the basis for their spider silk production. Incorporating their disease resistant technology along with 3rd party production agreements? Yep, nothing new here. Nothing to see.

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igotthemojo

06/21/22 1:32 PM

#242431 RE: rayovac812 #242409

"Who here thought that talking to a "contract silk manufacturer" meant spider silk?"

i did...until it was brought up that kim may have been talking about mundane silk...and when i reread that portion, it did appear it wasnt really clear whether the subcontractor was for spider silk or mundane silk...so that kinda left it up in the air for me...

that subcontractor had a plan for 200 tons...so thats spider silk...not that we are going to get there quickly...but at least we know its doable...and i dont see why it would take a whole lot of time...apparently we have had a pilot project ongoing with this contractor for some time...

i wonder if all the talk about ramping up "judiciously" and making 10 times more, etc has all been about the contractor...

makes me wonder if prodigy will be used solely for the immunity worms and mundane silk contracts...and maybe they need that as a source for spider silk as well...

well i guess we can shut the door on the idea that kim couldnt put out good news until the loan was paid off...and probably the idea that yorkville wanted to hurry and disseminate all the shares at rock bottom prices...

like i said, .07 is good enough for them to be buying at...