Kblb has nothing, until they have something. The market will determine when kblb has something. For over a year the market has shown that kblb has less and less of something, and is sloping down to having nothing.
Its not for lack of having something. The scientists have created something, but kblb as a result of its inability to capitalize has for the last year, shown they have nothing. Big business like forward and proactive thinking.
Kblb has a huge problem of being reactive, which is why things are done slowly. Slow is death to new businesses.
The sharks on shartank would love the science, but hate the business. Mr. wonderful would ask.."how much have you sold", & kblb would say 0. Then probably shoot itself in the foot, by saying, well we have 15 nondisclosure agreements with various partners. To which mr. wonderful would reply.. "if this is so great, why dont you havd any signed partners"
To which kblb will start to get nervous and say somthing that two others sharks wont like, immediately prompting them to say. "im out".
The clothing guy will chime in and say.." You got a great idea, but I dont think you are the guy to get it done, because if you were, it would have already gotten done and you wouldnt need me..... So I am going to make you an offer because the science is good, but I want control, so 1 million dollars for 51% of the company"
To which, kblb will bock at, then mark cuban will hop in and say, listen you need to accept that deal once he is gone, all your left with is mr wonderful because I am out. kblb then looks at mr wonderful curious to see his answer when the clothing guy says, what am I chop liver. You need to accept in 10 seconds or I am out, as your reactiveness and hesitation has been your entire problem. Kblb waivers and bam the deal is gone. Now kblb is looking at mr wondedful, who then asks one final question. "how much time are you devoting to this" kblb hesitates, and mentions that they have another full time job and this is a fun science project.
And with that kblb walks out from the big business meeting empty, with nothing, back to the impossible task ahead, of doing everything itself.
Just like that a good idea and a good product is gone forever, or is it? Its just a license agreement right, good to know.
