Kraig Biocraft Laboratories Inc (KBLB)

[maestro_of_Ihub]

First of I had P&L responsibility for $100,000,000 international company when I was 29 years old! Please do not insult my knowledge about business and financials because I am quite certain that I have more of a clue than most here. Yes current burn rate is total operations, which for a company with zero sales mean these people are all part of a cost center which will only increase with production. When the production or profit center comes on-line, they will need to cover this $2,000,000 plus number, along with all the associated costs of production. No one knows what these numbers will be. No one! I know some naive people here take some sound bites from management, and try extrapolating what that means. That is a dangerous way to invest, and I guarantee that KBLB has cover themselves with disclaimers. Based on my personal experience, I would bet that they would need around 25-30 million in sales just to break even here. If you think they are going to do this easily, without competition, at any margin they choose, good luck ever to you. I am going to stop posting for a while. When I buy back in much lower by year end, I will let you know. When this is not at 50 cents in a year I will also remind you that nothing happened as promised, just like every other OTC stock and company.