Monday, July 18, 2022 7:00:14 PM
We shouldn't worry about the daily price, because price follows earnings. If the company makes money the share price will follow.
After this PR we have established:
Commercial production is occurring.
Massive problems such as genetic drift, mulberry supplies, and the capacity of the facility have been overcome.
There is a 40m contract to be filled.
KBL has a joint subsidiary (Spydasilk) and owns a portion of a manufacturer.
Potential new product lines will be developed in the coming years out of disease-resistant worms, large proteins from the unused goop around the cacoon, and silks with new highly specific properties that can be created with the knock-in-knock-out genetic modifications process.
A company with very little debt for its earning potential, very low expenses, and a product that may continue to be made in a very inexpensive manner. This has the makings of a cash cow when real revenues start to come in.
Massive institutions like the US military and medical companies have shown interest in the past.
The train has officially left the station. Now it is a matter of when not if. The only problem that I can see derailing the current state of affairs with KBL is if the recumbent spider silk does not test as well as traditional spider silk for the properties that make it so desirable.
Recent KBLB News
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 11/22/2023 09:31:54 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 11/16/2023 09:30:34 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2023 09:43:51 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 09/11/2023 08:30:50 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 09/08/2023 04:15:15 AM
- Form POS AM - Post-Effective amendments for registration statement • Edgar (US Regulatory) • 09/01/2023 08:30:52 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 08:35:05 PM
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