Replies to post #270683 on Kraig Biocraft Laboratories Inc (KBLB)

[WebSlinger]

<< Kblb has enough money to last about 2 more years… >>

That is complete BS and you know it.

In the most recent quarterly 10-Q filing (30 Sep), they reported that they had a net loss of over $1.7 MILLION over 9 months. That prorates to about $2.3 MILLION for all of 2023.

In that same filing, it said that they had $2.9 million in cash / equivalents.

That means that they will barely get through 2024 with that money (especially since costs increase every year, and they are supposedly "ramping up" (aka spending more)).

I have NO doubt that they will be diluting more this year.

[DimesForShares]

Okay. Another specific set of predictions. Metric tons per month by June, a share price of $1 per share by June .

Good to know. I’ll mark it down on my calendar of highly improbable predictions. Since you said ‘June or so,’ I’ll list the date as mid July.

With a guaranteed return of about 2,732% in roughly 6 months, KBLB would appear to be a spectacular investment . I wonder why shares aren’t flying off the shelves?

Maybe I’m not the only investor who is less certain about the short-term prospects of KBLB .