No, Paul. I could think some other things to say but I will refrain. See below... EOD
Anyway, ignorance is a good way to misframe the discussion.
The reason it is higher up is because the new accounting regulations REQUIRES management to discuss it. This is for every applicable company (as previously discussed) now not just KBLB. Previously, it was noted by the auditors further down in the 10k.
ITEM 7. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.
versus here in 2017 10K
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
My 2 cents. Anyone investing in an OTC stock should be cognizant of this concern. That’s what makes this high risk, high reward. Some may need to be reminded from time to time sobthank you for your service!
I appreciate you giving all KBLB shares your good luck (gl) longs at the end of each of your posts. Honestly, we and KBLB do not need luck. All we need is patience and time. That is an easy recipe for success with KBLB. However, some just cannot wait to exit. I say good for them; I will buy their shares. KBLB = AN UNDERAPPRECIATED AND UNDERVALUED GEM, IMHO.