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first mike

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first mike

Re: bananarama post# 42584

Friday, 04/06/2012 10:56:23 PM

Friday, April 06, 2012 10:56:23 PM

Post# of 278622
Hi Bob,

A drop to 1 cent is unrealistic.
The value of the IP (licenses and patents) that KBLB holds is hard to determine, but realistically they are certainly worth more than $20 million. The current market capitalization is 40 millon.
This means that bankrupt and out of business KBLB is still worth more than 3 or 4 cents.

Mike L.

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