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Re: WebSlinger post# 269212

Friday, 11/17/2023 1:48:52 PM

Friday, November 17, 2023 1:48:52 PM

Post# of 278356
"They had $3,862,716 in cash on 31 Dec 2022, and they had $2,894,555 on 30 Sep 2023. That means that they have spent almost $1 million since the start of the year."

so they still have plenty of time...thanks for that info...

"More dilution IS coming."

if the pps is around a buck per share, more dilution is not a problem...

"Second, companies don't wait until they have $1 in cash. They will need to raise money at least a year before they run out."

no they dont...not even large companies NEED to do that...and kblb would have no NEED to dilute a year before it is needed...that is just nonsense...

"Third, as can be seen from the last 2 dilutions in 2021 and 2022, it takes many, many months to dump shares."

at 3 cents, yes....at a buck?...it can be done in a few days...

"In addition, it takes many months to find a lender and come to terms."

we have worked with Maxim and Yorkville...and that was at pennies per share...at a buck per share, it would take a few days to come to terms....

"Finally, expenses are increasing."

expenses are increasing for every person and business on the planet...and have for a thousand years...this isnt news...

"That means that more dilution is most probably coming in 2024."

even if kblb remains at .03 throughout 2024, they still wont need to dilute...
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