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Re: manshoon1 post# 16573

Monday, 04/04/2011 3:05:59 PM

Monday, April 04, 2011 3:05:59 PM

Post# of 282366
In fact, there are three labs involved, Lewis, Jarvis, and Fraser, and for all of them this project is one of several. Until Kraig Biocraft is able to secure enough funding to develop its own facilities and hire many more personnel, as Manshoon has alluded, it will not be making rapid progress in the development of new strains. Right now everything hinges on pulling together deals and arrangements that will impress investors with much more money to spend than we have. Keep in mind that whatever capital has been invested since the public offereing has not necessarily shown up in Kraig's coffers.

If you look at the financials you can add up the total amount of cash that Kim has had available for all of this over the years, and it's not really much. We're still in a building phase here, and it's moving slowly because of that. Hopefully the anticipated news will stimulate the needed interest. Just have to hang on and wait if you believe in the potential.

If you don't, if you are a fundamentals of the company type, then you view things differently. No sense in arguing about it constantly. That's what the ignore is for.
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