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bananarama

05/10/20 1:40 PM

#189297 RE: rayovac812 #189294

You are totally correct, Rayo. I just don't think the OTC knows how to value KBLB, so that leads us to being way way undervalued.
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Little G

05/10/20 1:41 PM

#189298 RE: rayovac812 #189294

The more I think about it, the more I’m comfortable holding the hell out of this stock in the short and medium term right now.
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DimesForShares

05/11/20 6:05 PM

#189364 RE: rayovac812 #189294

The focus remains on the risks and rewards

KBLB is not an easy stock to evaluate. You say the accomplishments are 'massive' but they are mostly in the realm of 'laying the groundwork' accomplishments. To date, the only income is from the Army contract that expired a couple of years ago. For all the expenses and time in Vietnam, we still don't know if/when production will succeed there.

Here are risk factors:

1) KBLB is broke and depends on Thompson to finance monthly operations through loans. Thompson has never stated how many months he can afford to continue loaning money to the company, but if he were unable to loan more, KBLB would be filing for bankruptcy protection in less than a month;

2) Production in Vietnam has not followed the predicted level of output. The effort to ramp up production around the end of 2019 ended up in a failure. At the moment, there seems to be no reason why production can't start up again, unless KBLB failed to mention an important detail, such as 'Oops. We killed off our breeding stock in December/January and will have to start over importing more eggs, once we get permission from Vietnam.'

3) The company is very secretive. Not sure why.

4) KBLB's silks are costly and will only be economical in specialized applications. Which ones we don't know yet.

5) Competitors are working on the trail KBLB blazed, working to create GMO silkworms to produce silk with spider dna mixed in. KBLB has only limited patent protection, at best.

The rewards:

1) A unique high-strength protein-based fiber with potential (unproven) application.

Seems to me the market is taking a balanced approach for a risky stock. People who disagree are welcome to take out a second mortgage on their home and invest the funds into KBLB. Note: I do NOT recommend this practice as people could literally lose their homes over this kind of behavior. But it always strikes me as curious that posters promote the great bargain that is KBLB, yet if they were putting every cent into a sure wonder, the price would aurge uo.