Replies to post #121430 on Kraig Biocraft Laboratories Inc (KBLB)

[imelcooler]

Not a bad dream at all.
I like the sound of licensing MS to VN and a 2% royalty on every pound of silk produced in VN.
They could use that to grow the DS production and pay us a dividend.

A .02 divi I could retire on and never sell a share.

World Leaders In Silk Production
Rank Country Silk Production (in metric tonnes)
1 China 146,000
2 India 28,708
3 Uzbekistan 1,100
4 Thailand 692
5 Brazil 560
6 Vietnam 420
7 North Korea 320
8 Turkey 32

This page was last modified on July 12, 2016.
By Rolando Y. Wee

For giggles, lets just say one of Vietnam's 58 provinces can produce 20% of their country's annual gross production of silk.
(MS/DS)

420 MT X 20 % = 84 metric tonnes. 1 metric tonne = 2,204 lbs.

84 x 2,204 = 185,220 lbs... 118,220 x using your $30 number for MS

WE get $ 5,556,600 @ a 2% royalty = $111,132

Then if being generous we were to deduct overhead expenses, plus things like a 2 % payouts to UW + ND., our cut would be approx.

$111,132- $5,556= $105,576

Now a .02 cent annual div. on lets say 2,000,000 shares = $40,000

Does that sound about right? Or were you looking at a much higher
% of sales by VN.?

If my math is off, OOPS!...sorry.