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Alias Born | 10/30/2013 |
Saturday, March 16, 2024 11:33:17 PM
They haven’t caught their attention yet but they will.
Look at the pissed off Bolt threads financiers…. They want their money back and they are going to notice KBLB very soon.
Bolt raises 347 million to make spider silk. They fail. They’ve had multiple rounds of financing. Still no spider silk. They ask for more money and they get a door slammed in their face.
So they go to the retail market. TO RAISE A MEASLY 35 million. That’s it. Wait… people gave them 347 million, they want 10% more and they get told to F off?
So…347 million, they lose it all, decide to beg the retail market for 35 million… and they get a valuation of 250 million? Really?
So… as Kim said… you do the math. These 347 million dollar investors want their money back and they will find out soon that tiny Kraig labs just did what they paid Bolt to fail at. They will call Kim and they’ll gladly get their money back on a company that actually produces once they see the results.
And that’s just Bolt’s disgruntled investors. Others will come to the realization that their $35,000 (by their own admission) per kilogram silk doesn’t stand a chance against Kraig’s $300 per kilogram silk.
I’m M4N and I approve this message!
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