Kraig Biocraft Laboratories Inc (KBLB)

[FBI Agent]

"go it alone and it takes longer" This was discussed thoroughly at the meeting and was a fear Kim has. Spinning wheels could cost market share. Obviously there are not competitors really at this point but that could change quickly.

As far as the comment about others looking at the company I was referring to inquiries made by those in the highest of places. This could start a snowball effect. Price is tough, I think when you have the "holy grail" which this have been referred to as someone is going to want to get in on the ground level and not wait to long. For instance, Kevlar sales are roughly 4B a year. what would someone pay just to purchase a company, 2.5 times gross revenues. Thats nearly 16.50 a share. Can KBLB do that next year? This technology is worth a hell of a lot more than that lets see if someone else thinks so. There is one scenario where I think someone would pay 20B and Kim could still run the show. this company is worldwide with no revenues.

HP paid 10B for Autonomy(a software maker)in 2011 and 1 year later wrote the majority of the investment off because it produced nothing. Software companies are a dime a dozen. Who out there in the world needs something new and can have a monopoly on the market for years.