You focus on the numbers and charts and get frustrated over too much discussion of the company's technology and what the prospects are and what the probability of success is and that's exactly where I focus.
The probability of success is, IMHO, extremely high and the deeper you dig into the science the more evident that becomes. A major reason why the probability of success is so high now is the switch to using zinc fingers. Those who have followed the science very closely will know how very effective they are and why the metaphor Kim used about their use being like using a word processor to make exactly the changes you want is pretty accurate.
But the market doesn't yet appreciate it because no product made using zinc fingers has reached the market yet, their effectiveness is only known from their use in research. KBLB's spider silk producing worms will be the first to product using ZFs to reach the market because all other products under development using them are therapeutic drugs requiring lengthy clinical trials or plants requiring lengthy regulatory approval for GMOs to be released into the environment. Giving it even more of a lead is that manufacturing facilities already exist and are widely available thanks to the commercial market for conventional silk. The ONLY change necessary will be to just use KBLB's silkworms.
So what you have is
1) a product with far greater chances of success than is generally appreciated (meaning a much greater potential reward).
2) a product that could be on the market in far less time than usual
3) a product for which the manufacturing process is already very well known and for which facilities already exist.
4) a product in exceptionally high demand (one of the "holy grails" of materials industry for a long time
5) for which the known market size is very large and with a vast potential for futher markets
6) a product with vast potential for expansion into a wide range of high value uses (by modifying the characteristics)
7) a product for which the company has a very firm lock on the market: no one else will be able to compete - no one has come remotely close to being able to mechanically spin spider protein into silk, no one else has a way to modify silk worms to do it because KBLB owns the use of zinc fingers to do that and no other method of GM can do it PLUS KBLB owns rights on over 200 spider genes involved in making silk
8) a product which produces spin off products from preliminary developments to help finance the company (chopped strand products from holed cocoons from breeding up the Monster Silk worms population; the Monster Silk for the commercial silk garments and accessories market, etc.
9) and a current market cap of only about $70 million for a company that could grow to one of $40 billion in ten years.
10) financing that minimizes dilution both by getting a much better price for shares due to a "share pricing at time of use" type (line of credit) agreement and to only getting the money as and IF needed (so if KBLB gets sales THIS YEAR (which it could) from the company currently testing its product from the holed cocoons then KBLB can reduce the amount of money it gets from the financing by that much.
11) the product development work is all being done by top notch scientists at highly reputable universities.
This is not "gambling", it is investing. Gambling is when you trade based on just the charts and numbers without understanding the company.
How many times in a lifetime do you think you'll ever see such potential in an investment? Once. IF you're lucky and IF you know where to look.
It staggers me that in spite of all that some express so much concern about really minor things like financing when, in fact, the financing is far better than most companies at such an early stage.
Delays may happen and problems may arise. But if so, because of the potential of the technology, the remarkable progress to date and the far more effective tools now available, if so, they will be overcome.
