I've since learned that they released this contractor to do mundane silk operations while they wait for our silkworms
So no KBLB production going on at the 3rd party contractor like KBLB said. Still dont know what happened to the hybrids delivered in January.
Kinda looks like it didnt go well, else why release them, why shut down.
Maybe it went so well they made more fiber than they could handle and they released the 3rd party contractor to do other things.
More likely it didnt go well. Explains no follow thru from the company.
The closest I can interpret to evidence is from 2 weeks ago....
"In the coming weeks, we plan to share additional exciting details on the significant progress we've made in all core aspects of our business plan, from molecular biology to the status of our manufacturing operations in Vietnam"
Evidence of what? A forward looking statement about a possible update.
That does not even come close to proving the production bottleneck has been solved.
Says operations in Vietnam are happening
Is that supposed to be earth shattering news? They never said prodigy was shut down. I would hope operations are ongoing.
I find it laughable when investors cant even admit the obvious.
There is no evidence that KBLB has solved the bottleneck solution when it comes to mass production.
KBLB has not proven they can mass produce quality consistent fiber on a mass scale cost effectively.
Kim has been predicting mass scale production since 2013 and has failed at each attempt up to date.
Excellent post, Rayo. Thanks for your insight and explanations. I am hoping for a good news production PR sometime this month. That would sure be welcome news. GO KBLB!