Kraig Biocraft Laboratories Inc (KBLB)

[DimesForShares]

Without question, KBLB is cash-strapped.

The financial reports already incorporate the million dollar influx from warrants executed by an unknown person. Out of that, we currenly have only $231,000. Expenses last quarter were $391,000.

If we sell 400 kilos of silk in December/January and get $100/kilo, that produces $40,000. If we get $150/kilo, we end up with $60,000.

Assume the latter outcome for the moment and that KBLB manages to ramp up from 400 kilos in December to 600 kilos by March. $60,000 + $75,000 + $90,000 = $225,000. We would have to cut expenses to meet revenues. We barely have enough cash to get us to Prodigy sales and then we don't have enough to meet expenses. One cannot question that KBLB is strapped for cash.

Remember, KBLB predicted 8 metric tons of production from Prodigy in 2020. 8 metric tons / 12 months = 667,000 tons/month.

These numbers look a lot worse if we can only charge $100/kilo.