InvestorsHub Logo
Followers 79
Posts 21167
Boards Moderated 0
Alias Born 07/07/2006

Re: WebSlinger post# 145160

Wednesday, 10/31/2018 1:23:54 PM

Wednesday, October 31, 2018 1:23:54 PM

Post# of 278143
"If someone tried to tell a financial institution that KBLB has a product"

they would tell them they have a product because they do..the fiber is the product...they sell it to whomever wants to make something with it..kblb's product is the fiber...they have fiber...thus they have a product..

kblb doesn't make gloves, shirts, bullet proof vests or anything else..

financial institutions don't want their money back...they want their money back with interest...you want to make it sound like they will only loan money to those who have no need of it...lol

the simple fact of the matter is, people get loans because they don't have the money they need..you think this concept has escaped the financial institutions?..the higher the risk, the higher the interest rate...

you think no one ever defaults on credit cards?..they do..thousands...to the tune of billions of dollars...not to mention billiobs of dollars lost in fraud...yet the banks keep handing them out like candy on Halloween..

guess why?....because they can eat the losses and still make billions of dollars..

the banks aren't afraid to spend money to make money...that's what they do!...lol









Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent KBLB News