I suspect that, when all is said and done, KBLB will have released their PRs in exactly the opposite order to bolster shareholder value. Investors are skeptical about KBLB's current ability to produce silk. That skepticism is based on a long history of missed self-imposed targets and a long history of using vague language in an apparent effort to impress investors about modest developments.
Many of the recent PRs would be absolutely smashing had KBLB actually reported commercial scale production and Spydasilk was up and running. This PR is yet another in a long series of positive news that won't do much to pump up the share price. KBLB has developed a 'dual hybrid' model. There are four parent lines. To produce silk, pairs of the four parent lines are bred together, resulting in two generation 1 hybrids. These have to be bred together to produce eggs that can be reared for silk. All in all, KBLB will have to manage seven different silkworm lines: the four parent lines, gen-1 hybrids, and the gen-2 hybrid that is raised for silk. Ramping up production with this dual-hybrid model will take a considerable amount of time and careful monitoring of quality.
Meanwhile, investors simply want to know how much silk has been produced and when Spydasilk might get underway. The May silkworm crop ought to begin cocooning in about 10 days, so it may be a couple more weeks before we hear the news we are waiting for.
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