We’ve also seen a lot of criticism about goo needing sugar and therefore consuming valuable food resources. These researchers found a way to use a different food source (plastic) that is abundant and cheap, so their production costs might be lowered.
It simply made no sense for KBLB to PR this material other than to keep up their rate of releasing PRs. I still maintain that Thompson is engaged in a PR campaign (not simply releasing PRs when the mood suits him) because he is working to gather attention before what he hopes will be a big announcement.
This is a smart play that should help investors realize a quick and significant increase in share price if KBLB manages to get over the hurdles of production, sales, and revenue.
Monday is the deadline for KBLB to submit their 10-K to the SEC. Having to prepare that report while some or all of the folks involved are in Vietnam and still trying to release PRs for a campaign can be a real strain on a small shop like KBLB. But the 10-K is our next opportunity to learn how much silk was produced in the last quarter. It won’t be too long before we get the 10-Q for Q1 and that will also provide an update on silk production (through looking at changes in their inventory).
So, we will know a lot more about actual production amounts no later than mid-May.
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