'has not yet broken any ground, revolutionized anything and has, as yet, changed nothing'
Not so, since the 'product' and 'process' is indeed here right now, and I don't think patents are awarded, production space leased for 5 years, if they have 'nothing' and have done nothing as you've said.
I understand your point of view in relation to wanting to see 'immediate' or outstanding profits right now, solely from a financial point of view, but that's only 'one' measure of the value of anything including companies.
Warren Buffett spends 6 hours a day studying points other than just immediate profits, and considers things like 'honesty', perseverance, as well as whether there is any real 'intrinsic' value within a product itself.
An interesting example in my own field as a musician, is the current value of carbon fiber violin and cello bows. Up until now and since the 1850's 'Pernambuco' Brazil wood from only one part of Brazil was the premium wood for bows and a good bow starts at from 3-5000 and up, but now, because of research fine Carbon fiber bows also begin at that price because of advanced technology and engineering, and a lot of money was given for research before that happened but the material was indeed 'there!' People were originally looking for a 'cheap' replacement for Pernambuco wood which both has the best properties of any wood for playing and is also an endangered species on the list.
So, if we don't consider the 'value' of the 'extraordinary' technology and science that was used to create current carbon fiber bows for Pros which can go up to 10,000 dollars or more per bow, then you'd be right in saying the tech is worth nothing.
What I'm trying to say here, is that I don't think that we can any longer just look at production, money, value, and companies from a purely financial profit point of view, because technology and science and computing has changed the nature of everything including business itself.
Without a real value to technology itself, Microsoft, Apple, Intel, Google, and probably the stock market itself would have exceedly less or possibly no value at all. The fact that you and I can even exchange info and ideas here pretty much instantaneously, research, and watch day trader fool around is proof of that value.
Like I said, I value your opinion, otherwise how could I bounce ideas off you, learn, do more research, and by the way, since I invested in Kraig just for fun in 2016 my money has appreciated 5x, and that would be an incredible deal I'd have a hard time finding anywhere else if it Kraigslabs had 'nothing!'
I'm a greenhorn when it comes to investing so I appreciate and value greatly the benefit of your experience in the market, and I'm definitely listening and consider it in my own future decision making.
It's an interesting aside, that different opinions and contrasting ingredients make for good food as well as good marriages, or what someone once called 'complementarity'. Dr Wayne Dyer who recently passed, was very wise and stated, 'when you find the partner of your dreams and are in love because they like everything you love, I give that relationship about two weeks! Lmao
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