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want2retire

03/04/24 8:37 AM

#273334 RE: DimesForShares #273333

“You may think the US military can support KBLB’s entire production of silk, but that would represent a niche market for KBLB. They would be producing silk in the US (costly) for a single customer (US military). The market cap for such a company would not be terribly impressive.”

At present, yes, the military would be a niche market. How have you determined what end product uses the military might consider for KBLB’s silk and derivatives, especially over time as more and more variations are announced?


“You don’t have to care about China. Others may wish to keep an eye on developments there. There are certainly reasons for concern.”

Yep, you have consistently found reasons to be concerned. I sleep like a baby every night knowing you don’t due to your abundance of caution/concern related to all things KBLB.

“Dismissing one’s competitors is the best way to make sure you are blindsided by their actions”

How did Mojo dismiss them? He said the market is more than big enough for there to be more than one supplier. It’s okay to think China is years behind in development. That doesn’t make anyone wrong or indicate they don’t recognize others are trying to do what KBLB is doing.

It’s also ok to be happy once in a while. Not everyone enjoys spending their entire lives fixing something else to be worried/concerned about.

If you’ve over leveraged yourself and that has you scared constantly, that’s on you. No one but you chose to buy and/or not to sell.



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igotthemojo

03/04/24 1:25 PM

#273359 RE: DimesForShares #273333

"In 2022, China produced 55% of the world’s supply of silk. India produced 40%. The rest of the world only made 5%."

this sounds highly inaccurate...China produces more than that...

"The market cap for such a company would not be terribly impressive."

lol...the market cap would be enormous...

"You don’t have to care about China. Others may wish to keep an eye on developments there. There are certainly reasons for concern. Dismissing one’s competitors is the best way to make sure you are blindsided by their actions."

as i stated, China will be the 800lb gorilla...they will eventually dominate....but until then, kblb will supply 100% of the worlds spider silk...and kblb will be bought out before china becomes much of a concern...they will be a problem for someone, but it wont be kblb investors...
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TRUISM

03/04/24 2:31 PM

#273361 RE: DimesForShares #273333

GLOBAL METRIC TON SILK PRODUCTION 2015-2022*







TRUISM