While the articles offer a "Proof of concept" for "KBLB", we have known all along that this was going to be a race, and the first one to market, with a product that can be produced at a reasonable price will be the winner.
I have said in the past, Governments are spending furiously to try to mimic Kraig's technology, but at the end of the day, how can anyone produce SpiderSilk cheaper than a silkworm who already does this commercially. This is why it's time to get back into "KBLB"
My favorite sector to cover has always been Biotechnology. I have always felt it offers participants the most bang for the buck, when companies products in this sector work, the returns for early traders. If "KBLB" is successful in its ability to Create Spider Silk from Silk worms in a commercially viable setting, this company could be one for the record books.
Kraig has rallied behind news and events, but Commercial production will send a message to the market, that "KBLB" is ready for a higher valuation and market price action.
"KBLB" announced on July 15th that the company would begin preparations for a commercial run of Spider Silk. The company recently ran a pilot test production program, and found it to be successful on a smaller scale.
Recent news articles mean the race for a finished commercially available product is coming to a close. We believe "KBLB" will come out as the winner, and will have product available for sale by the end of the year.
Kraig is the only SpiderSilk Company that is currently on the markets, and is considered the pioneer of this new technology.
If you have been following Kraig as long as I have, you know that the end of August and September have been great months for the company's chart. I look for Global Market news to continue to drive interest in this sector, and "KBLB" to make a parabolic move as the Bull stays in charge of the markets
Market Participants have many choices on what to trade, but in my opinion nothing trading has the risk/reward ration that "KBLB" offers.
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