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Re: ImjinBridger post# 278966

Saturday, 07/13/2024 5:25:27 PM

Saturday, July 13, 2024 5:25:27 PM

Post# of 281173
The whole ‘Dump Kings’ movement is based on an absurd fantasy.

First, we both understand KBLB isn’t restricted to selling all of their silk to Kings. The two companies negotiated a contract where a specific quantity of silk would be provided each year at a specific cost. Once KBLB exceeds that quantity, they can sell the rest of their silk to anyone they want.

Next, we know that any company who wanted silk very badly could sign a JV with KBLB, provide a much-needed infusion of capital, help KBLB ramp up production much faster than they can on their own, and negotiate an appropriate exclusive license. I missed that PR?

Finally, if anyone with deep pockets, corporate or individual, thought that KBLB was the best thing since sliced bread, they would be hovering up shares in a way that would drive the share price to heights we hope to see. If UA wanted a piece of KBLB, they would buy one. A big one. And they wouldn’t care about the price. We would notice. With Champaign.

Once again, Angry Toddlers (tm) are running loose on this board.

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