Monday, April 03, 2023 10:30:32 AM
In the last quarterly, there is the increase of deposits as $105,060.
I couldn't find any deposit references prior to this Q. I'm thinking the $105K is part of the $250K
from Kings and the remainder. expressed as inventory in the 10K, is cocoons bought from the worm farmers.
This price of inventory, I think, may be a semi-arbitrary value; a value Kim had to put on it which could derived from the price per ton of mundane silk cocoons in the Vietnam market, being about $7250 a ton.
Inventory/Raw materials line items is something I've been looking for for years.
So there it is...
$KBLB
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