Replies to post #286868 on Kraig Biocraft Laboratories Inc (KBLB)

[arachnodude]

Tbh...20 metric tons?

That’s just the beginning of vertical dominance.

Couple that with a monopoly in an industry they pioneered?

PRICELESS!!!

[igotthemojo]

i should think we could be at 20 metric tons per year in one year...and i dont believe 20 tons equals hundreds of millions of dollars in revenue...

not even close...

[jealmc79]

Garbage in = Garbage out
To be priced competitively KT has already stated that spider silk would have to be priced around $300/kilo so 20 metric tons would only be about $6 million.  And as far as your $10-$30 per share price, have you bothered to ask Google Gemini how many shares it thinks KBLB has outstanding?  It's amazing how people have no clue as to what they own and then they think that some ill informed AI bot is going to give them a correct answer to their leading questions.

[DimesForShares]

Great job showing the insanity of Google Gemini.  This valuation is based on revenues 'potentially well into the hundreds of millions of dollars.'  Assuming a hundred million in revenue on sales of 20 metric tons of Bam-1, the price per kilo would be $5,000.  Silk is considered an expensive material at a price of around $80 to $100 per kilo.  No clothing manufacturer is going to pay 50 times as much for Bam-1 than normal silk, not even the DoD.
Let's suppose Bam-1 sells for $500 per kilo.  At that price, for each hundred million dollars in revenue, KBLB would need to make 200 metric tons each year.
Gemini seems to be having trouble with some basic arithmetic.