No. It’s where it is because of what they haven’t done. No other reason. They haven’t sold silk yet.
But, great news! No one has ever done what KBLB announced today. All those competitors and all their hundreds of millions have not achieved what Kraig Labs has achieved.
So the market is still wide open and there’s still a long list of customers waiting. And it looks like there’s more than a good chance that Kraig Labs will hit the market first with spider silk.
It’s time to take a fresh look at this company through the eyes of an investor rather than a scorned lover.
I'm thinking they have incorporated all the new processes they learned from the sericulture experts, as well as learning from the fiber experts processing steps to get the fibers the finest quality of Spider Silk the planet has ever seen. We'll see how valuable that bundle ends up being, as experts critique its quality and properties. Quite a few PR's cover whats in that pic.