Replies to post #275167 on Kraig Biocraft Laboratories Inc (KBLB)

[arachnodude]

I'd offer the explanation but not going to since you'll just twist it wrong. All you get is the vagueness...

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174155064

Good luck! 😁

[DimesForShares]

I saw the write-off. I’m guessing that KBLB had to pay GSS because KBLB couldn’t supply silkworms to raise, so they were making up the lost revenue on the part of GSS.

That’s speculation, and I think this is pretty much in line with what you were suggesting.

But the inventory is different. This is the value of silk they have in their custody. (Those secret warehouses we’ve been hearing about for so long.)

The connection may be that KBLB was able to provide some eggs along the way and GSS produced some silk, but it doesn’t explain the discrepancy between the photo and the reported increase in inventory.

Piling mystery upon mystery — the KBLB way.