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Re: arachnodude post# 247371

Tuesday, 10/04/2022 9:27:35 AM

Tuesday, October 04, 2022 9:27:35 AM

Post# of 292925
<< I guess the $5m in cash sitting on the company's books is for show? >>

First, they didn't earn that money (since they don't even have a product) and had to borrow that money from a toxic lender.

Second, that amount has significantly gone down since it was reported in the 10Q back on August 1 (over 2 months ago).

Third, I wouldn't get too excited about that "cash", because KBLB also has $9.2 M in liabilities (and it is growing).
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