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WebSlinger

04/02/24 3:55 PM

#275167 RE: DimesForShares #275166

<< Did KBLB not include the silk in their 2023 inventory? Is the hank of silk much smaller than we estimated? Is KBLB using a very low value per kilo of their silks? >>

I would think that my previous post ties in with that somehow, but don't know how yet.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174158716
Bearish
Bearish

jealmc79

04/02/24 6:06 PM

#275171 RE: DimesForShares #275166

“That seems to indicate the hank of silk he was holding was only estimated to be $304.”

Or, as I said, it is the entire inventory. But now it is in yarn form instead of cocoon form which would cause it to increase in value.

If they’re valuing the hank at $30/kilo they might as well shut the doors now because mundane silk yarn is worth about twice that last time I checked.

Funny how the crow farmers are awfully silent today.