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Re: Axolotl post# 150607

Monday, 03/18/2019 10:20:41 AM

Monday, March 18, 2019 10:20:41 AM

Post# of 278280
Firstly, an $8 share price puts KBLBs valuation at around $6.5 Billion, the global silk market numbers seem to vary a bit but a few reports have put it recently around $10 Billion annually.

I agree we are never going to get there this year without a reverse split, I’d rather avoid this if possible and build towards a share price in the dollars rather than take the shortcut, but there may be good reason to do an R/S if it provides access to major exchanges and funding etc. if the timing is right and although it seems to always be construed as a negative in the right circumstances it can indeed be very beneficial.

Back to the $8 share price ($6.5 Billion valuation). At this stage it seems impossible to many, and it’s never a good thing to get too ahead of yourself, but 3-5 years down the line it’s possible we could have multiple contracts in the 8-9 figure range running and at tech sector Price-to-Earnings ratios this valuation suddenly doesn’t seem so ridiculous and we can get with the right financing and without an R/S.

Hold on to your shares folks.
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