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0.0293965961836 0.0293965961836 0.0293965961836 0.0144404332129965 0.0144404332129965 0.0238267148014443 0.00979886539453347 0.00876740587931942
Stock impact report

Kraig Biocraft Laboratories Significantly Increases Spider Silk Reeling Efficiency, Boosting Per Cocoon Yield

KRAIG BIOCRAFT LABS INC (KBLB) 
NASDAQ:AMEX Investor Relations: kraiglabs.com/investors
Company Research Source: GlobeNewswire
ANN ARBOR, Mich., Aug. 26, 2024 (GLOBE NEWSWIRE) -- Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) ("the Company" or "Kraig Labs"), announces today that it has further boosted spider silk production with the introduction of new silk cocoon reeling protocols resulting in higher silk yields. Under the guidance of renowned sericulture expert, Dr. Nirmal Kumar, the Kraig Labs production team modified the processing of its finished silk cocoons, increasing total silk yields per cocoon and improving reeling performance. These mechanical changes to the processing and handling of the Company's spider silk cocoons resulted in a near doubling of reeling efficiency compared to the prior production runs. "Increasing processing efficiency and cocoon yield was one of Kraig's top three goals for increasing production," said Company founder and CEO, Kim Thompson. "Congratulations to the production team for these dramatic improvements. We anticipated many more months of work before seeing t Show less Read more
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