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DimesForShares

10/04/23 5:55 PM

#268053 RE: TRUISM #268050

Appreciate the updates. Interesting to see Bolt is back in the spider silk business, sort of. I don’t think they will be competing with KBLB, though.

Spiber certainly knows how to keep the lights on and the money flowing. Can’t dismiss them as a competitor at this time.

Meanwhile, looking over the 2023 PRs and Letters to Shareholders from KBLB, the PR in January mentioned shipment of two parent lines for a double-hybrid system. Given the lack of any apparent production from that system, it looks like a complete bust.

KBLB indicated they might have their quad-hybrid system as early as Q3. Obviously nothing was announced in Q3, so we are waiting until Q4. Given the information you shared earlier about silkworm production in northern Vietnam, I suspect we have missed any chance of producing in Vietnam this year and will have to wait until the February/March 2024 time frame as the earliest the quad-hybrid model could be started.

I’m hopeful that Prodigy might be able to breed some of the parent lines even during the off-season. That may be part of the reason for the shakeup there. If so, the Feb/March crop might be of actual silkworm eggs. Otherwise, KBLB could end up with a generation or two of expanding the breeding lines before production could start.

These assumptions produce the following projections:

Next silk, earliest time: Early April 2024
Next silk, latest time: Early August 2024

These are all predicated on happiness and sunshine, such as the fact that the quad hybrid lines all do quite well in Vietnam regardless of the season.

Bob Mullet

10/05/23 1:45 AM

#268076 RE: TRUISM #268050

Proper business
Proper funding
Proper management
Proper marketing
Proper proof of concept
Proper projectory.

But of course kblb….

Zero products
Zero revenues
Zero profits
Zero proof of concept


((Butbutbut pnas paper a dozzzzzen years ago))