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promaster12

03/18/19 8:05 AM

#150609 RE: Axolotl #150607

The entire silk industry is keeping an eye on KBLB. IMHO .15 @ July 4th, in time for fireworks!

Jakito

03/18/19 10:20 AM

#150619 RE: Axolotl #150607

Firstly, an $8 share price puts KBLBs valuation at around $6.5 Billion, the global silk market numbers seem to vary a bit but a few reports have put it recently around $10 Billion annually.

I agree we are never going to get there this year without a reverse split, I’d rather avoid this if possible and build towards a share price in the dollars rather than take the shortcut, but there may be good reason to do an R/S if it provides access to major exchanges and funding etc. if the timing is right and although it seems to always be construed as a negative in the right circumstances it can indeed be very beneficial.

Back to the $8 share price ($6.5 Billion valuation). At this stage it seems impossible to many, and it’s never a good thing to get too ahead of yourself, but 3-5 years down the line it’s possible we could have multiple contracts in the 8-9 figure range running and at tech sector Price-to-Earnings ratios this valuation suddenly doesn’t seem so ridiculous and we can get with the right financing and without an R/S.

Hold on to your shares folks.

nuknuk

03/18/19 4:21 PM

#150639 RE: Axolotl #150607

i agree with you but I have seen this sort of thing happen before. rare indeed but possible

King Bolaba

03/18/19 7:35 PM

#150641 RE: Axolotl #150607

Think technical textiles. And the future of technical textiles!

EOT

03/18/19 8:00 PM

#150642 RE: Axolotl #150607

“There's no way the valuation of the company is going to equal the valuation of the entire silk industry”

We will own the regular silk industry which is peanuts in comparison when you include all other sectors.


From “invest in kblb” website.....

The Market for Spider Silk
Spider silk has the potential to revolutionize the multi-billion dollar silk industry. The market for raw silk alone is in excess of $5 billion per year. Traditional silk is primarily used to create high quality clothing, however, it does not have many industrial uses. In contrast, the strength and performance that spider silk possesses allows it to be used in multiple industries for various uses other than just clothing. In the medical industry, spider silk could be used as extremely thin sutures for eye or nerve surgery. Spider silk also has the potential to replace Kevlar in body armor. Just one of these markets, technical textile, which prioritize material performance generates in excess of $120 billion in annually sales. With Kraig Labs recombinant spider silk technology we have the ability to access this wide range of potential markets.