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WebSlinger

05/06/24 7:11 AM

#276135 RE: funnytimes2 #276133

What a joke!

They tested the parent lines (under limited and very controlled conditions, which doesn't match the real world), but not the resultant BAM-1 hybrids, and they are calling it a "success". This thing reeks of scam....

Next up....

Massive dilution....
Bearish
Bearish
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Z06 MAN

05/06/24 7:17 AM

#276138 RE: funnytimes2 #276133

With these production trials successfully concluded, we are now aggressively implementing the next phase of our business plan, which will expand our operations and target multiple production locations in multiple countries.



This is awesome…. Multiple country production on the way!!! Longs we are about to be richly rewarded!!

$$$KBLB$$$
Bullish
Bullish
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Z06 MAN

05/06/24 7:29 AM

#276142 RE: funnytimes2 #276133

I am proud of the work accomplished and very impressed by the performance of the BAM-1 silkworm lines,” Dr. Nirmal Kumar, stated. “The luster of the BAM-1 silk is very unique and desirable. When paired with its strength, we have created a silk that can’t be matched. The results of these trials exceeded our expectations. We are now on a solid foundation to scale production of the BAM-1 hybrid to metric ton levels.”



The world’s renowned sericulture expert knows BAM-1 silk fibers can’t be matched anywhere in the world!!!

Metric ton production has begun!!!
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SilkRoad

05/06/24 7:30 AM

#276143 RE: funnytimes2 #276133

BAM! KBLB is a different animal now. We call them apex predators.
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bananarama

05/06/24 7:37 AM

#276146 RE: funnytimes2 #276133

"Not a single instance of disease or infection was detected at any point during the entire cycle. This result surprised local silkworm experts observing the trials. Working with mundane silkworms, they had never experienced an entire production cycle from egg to egg without any disease in a batch of thousands of silkworms."

THIS IS HUGE! GO KBLB! :-)
Bullish
Bullish
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DimesForShares

05/06/24 9:39 AM

#276154 RE: funnytimes2 #276133

Good news. It also clarifies that no BAM-1 silkworms were used for producing silk — just an effort to increase the colony size. People who thought BAM-1 silk was being produced were mistaken. The 10-K report will be out sometime in the next 10 days or so and we will see if KBLB reported any increase in their silk inventory since January.

The other thing that caught my eye was wording “… in a batch of thousands of silkworms.”

Thousands of silkworms aren’t a lot. ‘Tens of thousands’ would have been quite a bit better. With fewer than 10,000 silkworms, nearly all of the viable moths will be used to increase the breeding pool of parental lines.

They may need to push back silk production until after the next crop reproduces, somewhere around the third or fourth week in June. If that is the case, the first BAM-1 silk should become available around the end of July.

It could be the case that ‘thousands of silkworms’ was simply imprecise and the number was in the tens of thousands.

We’ll learn more down the road … the KBLB way.