Kraig Biocraft Laboratories Inc (KBLB)

[igotthemojo]

"$35.4B yen of paid in capital. That is over $350M in US dollars. Wow! Now that is some massive costs to recover!"

GOLLY!...is that supposed to be a lot?...lmao

when spiber does go public, it is quite likely to be at a minimum of $25 per share...and will likely rise from there...

that is 14 mil shares to cover that measly $350 mil...then they can sell a few more shares to put money in their pocket and grow their US production so they can eat kblb's lunch, who will probably still be trying to figure out how to mass produce...

30 mil shares outstanding, debt free, tons of money in the bank and growing leaps and bounds...

as opposed to kblb with 854 mil shares o/s and being dead broke...

"Does the fact that Spiber doesn't reference spider silk on their website anywhere impact the validity of the "comparison"?"

why would it??...they are both in the fiber industry and are making what they think are viable fiber that will sell...

what difference does it make if its made with mutated worms or in a vat?...the fact that they are both in the fiber industry and coming out with a new fiber makes them competitors...

why do you think kim put that on their website?...because they dont matter?...he knows damn well they do...

smh