That is all pure speculation. There is no way to have any idea what shares might be issued at for a valuation since we don’t know anything about their financials, other than they have a ton of debt and commitments.
$350M isn’t a lot of debt for Spiber but Kim looking to raise up to $24M is excessive? Got it
why would it??...they are both in the fiber industry and are making what they think are viable fiber that will sell...
A few days ago you said there is no comparison but now there is? And it no longer matters if a company is pursuing spider silk? There is no difference in markets, applications and values between spider silk and any other fabric? So, based on this argument, KBLB is going heads up against the entire fiber industry?
what difference does it make if its made with mutated worms or in a vat?
Primary difference is one is making spider silk and the other is not.
why do you think kim put that on their website?...because they dont matter?...he knows damn well they do...
You think he put red Xs all over the chart because he's worried about them? Not sure when that chart was created. Not sure how relevant it is today. Maybe it was put together to show all of those bringing up these other companies that they really are not any form of direct competition for KBLB.