Replies to post #129442 on Kraig Biocraft Laboratories Inc (KBLB)

[TRUISM]

At that rate it will take another 6 or 7 years to get there.

True but one cannot go by that measure anymore because KBLB already admitted to needing more resources, to accomplish their business plan going forward....

That would equate to increased expenditures....

Hopefully not in shares, or that billion share total could become a reality much sooner than you estimate.



Blessings to All

TRUTH

[Theprofessor2]

Hello ES1,

I agree that 2018 could be the breaking point with KBLB. If they fail to produce in 2018 what is the likelihood someone else buys them out at a very cheap price and takes over?

[Axolotl]

With the hiring of new employees, the buying of new land, and the expansion of business operations I highly doubt that the expenses in the past that allowed it to be possible to fund this at those levels is maintainable.

200 million shares at the current share price is nothing. I said nothing about their past ability to avoid massive dilution for the share holders. It's commendable actually. But past performance is no indication of events in the future. As any investor or speculator ought to know.

I doubt it'd take that to close up shop. I think we'd need something a little more drastic than Kim failing yet again.