Very doubtful that the company will ever reach a $1 billion, $5 billion, or even more ludicrous $10 billion valuation with no revenue and no profit.
That pie in the sky thinking that this will hit $1 is a holdover from the decade long bull run we've just come out of. The market will not sustain such a ridiculous valuation for such a chronically mismanaged company.
2023 will not be KBLB's year. You can bet on that.