Maybe, but once they get metric ton production going that should be the final move for KBLB to start creating its own cash through sales of its silk. That will go a long way to pumping some oxygen into this sleeping animal. I hope this is finally the year.
" 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."
lets be clear....are you stating that because of a projected 2.3 mil loss in 2023, that kblb will only have $600k in cash left now?...is that what you are saying?...
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