"Just because someone can cook a burger doesn't mean they can now open up a fast food franchise."
sure it does..a little brains, a little guts and you are there..
besides, I cant cook a burger and I can still open a fast food franchise....all I have to do is hire a cook..
"Mass production is a major part of having an actual product."
not really...mass production is a major part of SELLING a product..not of HAVING a product...we aint there yet...but yes, there IS a product..
"Making a sample isn't a product."
certainly not...a product is a product...it doesn't matter if you make a sample or not...the product still exists..
"Everything that this company has produced over the past 10+ years has been samples. A sample glove, and sample shootpack panels."
ok..
"So they don't have a product yet."
sure they do..
"A financial institution is never going to lend them millions of dollars based on a few samples that were produced over the last 10+ years."
well then its a good thing kblb doesn't have to rely on only that..
"The Army has only had to pay on the 1st deliverable"
the fact is there is an army, there is a contract, and it does equal a million bucks...there was a 1st phase and they went to the second phase...so there was something they saw that they liked..
"So they don't have sales yet."
so what?..this isn't the shark tank where the bank has to decide based on a 3 minute pitch..
"A financial institution is not going to lend them millions of dollars based on $100K of "sales" over a few years."
of course not...they will lend it based on much more than that...
