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want2retire

02/29/24 3:16 PM

#273134 RE: jealmc79 #273129

“That’s the product they paid somebody else to produce for them, not the actual end product.”

That wasn’t an end product? Wow, news flash.

“I don’t know why Kings would do more than reimburse KBLB for the cost of producing the yarn if KBLB is planning on taking a cut of the actual end product’s profit.”

Agree that you don’t know. I guess we’ll have to see. Not sure we have details on what exactly KBLB will be compensated for with Kings but my guess is there will at least be some margin related to supplying the silk/fibers requested. Either way, it’s revenue, which is something many have been waiting for. Downplay all you like but revenue is revenue and will be a big step forward.

“Keep dreaming though.”

About the company selling their spider silk, producing revenues and banking profits? Isn’t that what we are all eating for?

Yep, that’s the dream/plan, which appears to be well on its way to coming to fruition.