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fza

09/12/22 1:32 PM

#246313 RE: rayovac812 #246311

As cautious as Kim is with words and the lesson learned by getting way ahead of himself with the Polartec announcement, the mention of Under Armor and North Face even if in the context of Dorton's history is quite significant. I wondered if I was the only one who thought this was significant. I hope the mention of the military or maybe J and J is in the works.

igotthemojo

09/12/22 2:12 PM

#246317 RE: rayovac812 #246311

these LifeLabs Design people are tree hugging, organic, do more with less, less waste, save energy and save the planet types...they appear to be creating cutting edge stuff...

thats all good....but our deal doesnt really seem to be with lifelab designs?..it appears to be directly with jeff dorton himself...i dont see how that would be possible, but thats what it looks like....im fine with either way anyway...just making an observation...

dortons prior involvement with the north face and under armour are very very good things...i dont know that he will work with either of them in conjunction with kblb but he can certainly open some doors and give us a good recommendation...

a couple of things i see that are significant...one is the fact that we are consistently utilizing experts in their field...we are no longer trying to do it all ourselves...this is HUGE!...

"announces that it has contracted Jeff Dorton, a top textile expert to assist the Company in developing new and innovative yarns and fabrics utilizing Dragon Silk™."

signing all these people to contracts is huge...having these people willing to sign is huge...it says a lot without saying a word...investors and others understand what that means...many may not be paying attention...but when they do, and see what is going on, it will be impactful...

"Following the launch of Spydasilk apparel, the Company plans to expand collaboration with Mr. Dorton"

the fact that this is being put out now tells me that the launch is not far away....i suspect they have been sitting on this news for awhile...but they are putting it out now...

" to create several additional yarns and textiles, for applications spanning the performance and luxury textiles market and beyond."

this is a long term relationship...that dorton has agreed to...this is not a small thing...

SilkRoad

09/12/22 10:21 PM

#246331 RE: rayovac812 #246311

I don’t see any products or revenues do you? How is this any different than signing MOU’s with SMI, Warwick Mills, and Polartec to develop new fabrics that have all turned into $0 revenue and 0 products? This would have been meaningful if they actually signed a deal to provide silk to North Face or Under Armour, instead they say we intend to work with someone who used to work for them. Oh, and he’s going to help produce yarns and fabrics for Spydasilk, which I remind you is Kraig itself. I’m not excited at all by this. This looks like a name drop. What do they need this guy for??? Will his yarn and fabric designs be “coming soon” like all the past announcements? Just once I wish they’d finish something before pivoting to something else. If we keep waiting for the right time to be ready, we’ll be waiting forever! Where’s the Spydasilk?