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Thursday, 02/15/2024 2:25:58 PM

Thursday, February 15, 2024 2:25:58 PM

Post# of 276948
Here’s some interesting reading and some numbers to crunch for those spouting the ridiculous buyout valuations for this company.

https://ap.fftc.org.tw/article/2981

Pretty easy to calculate how much profit potential there is for the entire country of Vietnam’s production of mundane silk. Most of that profit would be going to the contractors and factories that KBLB would be using if everything was converted to spidersilk. How do you see KBLB making that much profit after paying all expenses to justify your valuations? Both spidersilk and mundane silk use the same resources, and I don’t see mundane silk production going away, so how much do you think spidersilk production will offset mundane silk production in Vietnam?
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