KC10, I understand where you're coming from. I came into the company as an investor later than you. I came in because it looks to me like things are starting to fall into place for a major step forward (as if getting silkworms to spin spider silk isn't already major!!!! - Hah!). For me personally, I've put up a considerable stake of my own money that I really don't want to lose and I'm taking a big risk on these little worms someday spinning their magic into money for KBLB. Looking back over the past two years, this company has made major steps forward in advancing spider silk to the point where they have worms that can make a spider silk product. Go back ten years ago and there was no such thing. Now there is such a thing. When you think about why you got into the company as an investment in the first place, look at what has changed, and look at the present compared to when you first got in. I think you'd say the potential is better than it was 2 years ago and better than it was 5 years ago. Things weren't even seeming realistic 5 years ago - now they are past the science fiction page and are now science fact and being written up about in scientific journals and business magazines, etc. I know some people got in at a price per share much higher than I did, but this company now has a product and rights that it didn't have several years ago. So I think that the future is brighter now that it ever has been. There's an upside potential here that will hopefully be realized. The one thing that does worry me is that another company comes along and steals the show, but this is a big WORLD and there is a GLOBAL market for spider silk. I had the same concern when I began investing in OLED t.v. technology and had to choose between two companies. I went with the only pure play and best of breed company which actually traded under the symbol OLED. They ended up getting bought out by a huge global chemical company and I doubled my investment. I expect that this is a possibility here. KBLB is the only pure play in the spider silk market. Even if another company or two or three come along - there is going to be competition and that will only increase the market for spider silk. I think a competitor would benefit KBLB and in turn would benefit KBLB shareholders. Because any potential suitors will be competing for spider silk tech. The more the merrier. There isn't one company that uses OLED technology. There are several television companies. There are also several companies that are using or intend to use OLED technology to make signs, lights, and those little displays you see on clocks and coffeemakers. So if you look at spider silk from an applications standpoint - and there are many - there are going to be several companies looking to apply this technology assuming it really is commercially viable and a better alternative to materials that are currently available. It takes time to test new materials and it takes time for markets to accept new materials. You don't just introduce a new brand of coffee, say it is better, and then people stop buying Dunkin' Donuts and Starbucks and start buying your coffee. These things take time. I'm more optimistic than most on this board because while I've only been investing in KBLB for less than 2 years, I've actually been interested in spider silk for over a decade and never thought it would be possible for anyone to harvest spider silk. Then bam! Someone gets a silkworm to spin spider silk. That's huge. Once the product takes hold, this should be a hot opportunity for KBLB. But, there is the hope and words again. I would say the best thing is be glad you're in on the ground floor if this is the ground floor. I was worried this stock was going to go up too fast for me to get in on these prices and I'm glad I got in at the price I did. I'm hopeful we're going to see something happen now that the company has a commercially viable product. The question now is, "Does the market agree that KBLB has a commercially viable (and useful) product?" And again, it takes time to test a new material and get it to market and get the market to accept it. I haven't seen anything on here where people are comparing the KBLB spider silk product to other synthetic fibers and alternatives in terms of cost, strength, etc. I think those discussions are more important than anything else at this point. If it is truly a great product and will help OTHER companies improve their existing products, reduce costs, create new products and markets, then it will succeed and so will KBLB. Just the potential on the medical and military applications alone get me excited. At the very least, we KNOW that someday this will be used by somebody. The questions now are WHO And WHEN? I hope we get answers to all of these questions soon. But then again, there is just more hope and words. Hah! But I do believe things are more realistically possible from a potential business standpoint for this company going forward. The worms can spin spider silk. We just need a buyer to want them to spin spider silk for them and their customers....... On another note, I contacted IR at Sigma Aldrich because I wanted to know how many shares of KBLB they own and could not find anything in their Annual Report about their ownership interest in KBLB. The response I received indicated that they do own some shares but do not believe they (Sigma Aldrich) have disclosed the exact amount. Sigma Aldrich IR also told me that the absolute current value is small relative to their overall assets and their % ownership of KBLB is also small. In other words, they confirmed Sigma Aldrich owns stock in KBLB like you, me, and Notre Dame does (hopefully still does). So you're in good company. We're all betting on the same horse. Let's just hope he gets out of the gate soon. I think KBLB is the only horse in the race!
