Kraig Biocraft Laboratories Inc (KBLB)

[faithabides]

Q4S, when you ignore the words straight out of management’s mouth, it doesn’t help your case.

100 metric tons per year = $20m - $30m in annual revenue

Our spider silk won’t go cheap.

.....
At shareholder meeting Jon Rice said,


“100 metric tons per year. That’s what we think we can push out of this facility in Lam Dong...sorry...in Quang Nam. We are looking at maybe 20-30 million dollars in annual revenue.

Was just listening to my audio again. exact quote...Not paraphrasing

Maybe “lam dong” was a Freudian slip? Be nice if another facility was in the works.