"150 employees for a company with no income or production."
theres no income...but production is a given...
hundreds of millions of dollars invested..facilties have been built...150 employees hired...deals have been made AND announced with world class partner...first product has also been announced...
the idea that maybe production wont happen is, at this point, just laughable...
"Seems excessive to me."
well, coming from someone who has invested so much in a penny stock that has dropped from double digits to 2 pennies over the last 6 yrs, it is a questionable observation...
"Salary alone will eat up their funding very fast."
there does not seem to be an end to spiber's ability to raise enormous amounts of money...salary wont use up the money very fast...but even if it did, they would just obtain more money...
it seems there is plenty of money available to well run companies who demonstrate their ability to perform...
how much money is kblb getting from sources other than penny stock investors?...ZERO...and the money kblb gets is a pitiful amount that costs existing shareholders dearly...
"Thought they were supposed to have sales by now."
ok
"A company no product or sales and 150 employees seems more legit than a company with no production or sales with only 2 employees."
actually, in this case, spiber IS legit...hundreds of millions of dollars from many astute private investors vs kblb's bilking and diluting their penny stock investors for what amounts to pennies compared to spiber...
and of course there is the 150 employees vs 2...lol
"But they wont last long with that debt load."
how much debt do you think they have?...my guess is they will last long enough to prove whether or not consumers will buy their product...
"Their publicity from the press will begin to wear off if they dont begin living up to their statements.
Just like KBLB."
it hasnt yet..and it isnt in any danger for quite some time...
kblb on the other hand, kblb has put themselves in a position where no one seems to believe anything they say...even many of their own shareholders...
that is a sad state of affairs...and is a direct result of the ceo's utter incompetence...
