Replies to post #76553 on Kraig Biocraft Laboratories Inc (KBLB)

[casper-pkt]

Mike - Agree and recognized the same thing. As guarded as we know Kim to be, why would he show those cards and potentially expose margins at some point in the future - doesn't seem to be his style......communicating an inflated cost above actuals, that would be more accurate IMO, while at the same time demonstrating the significant cost-gap between his product and those touting to be competitors or near-competitors in the space.

[igotthemojo]

"Thompson estimates it will cost less than $68 per pound ($150 per kilogram) produced to make the silk."

kim gave a figure of less than $150,000 per metric ton...my guess is that that figure is pretty close to accurate...the true amount isnt that far off...

"My guess is that actual costs will be less than $10 / lb"

you think kim would publicly announce an "estimate" that is 10 times higher than the truth?...

even kim isnt that dumb...