Kraig Biocraft Laboratories Inc (KBLB)

[jealmc79]

My calculations for current fair value is .05

Assumptions using current price of silk to figure costs:
-Silk price $55/lb
-DS silk price $200/lb
-Expenses=2/3 price of silk
-Next years production=16000lbs
PE=15
Outstanding shares=844 million

Full production of current building of 80000lbs assuming they can actually produce that much in current facility would be .23.

If they want to uplist then a reverse split will be needed.

Now before everybody crucifies me, I also calculated what would happen if they took all the cocoons from this building and bred them instead of selling them and used co-ops to raise offspring= $3-4billion in revenue and fair value increasesx100.
The only question is how fast can they get there and is spider silk worth that much more?

If they use farmer co-ops I don’t know why they would need more than short term financing.