Replies to post #13846 on Kraig Biocraft Laboratories Inc (KBLB)

[es1]

I would say 50k shares becoming 1 mil is not very far off the mark really. It is only $20 a share. I would say look at DNDN it was at 2.61 and when they got FDA approval they popped to a high of $60 in a 1 year period. I was in that one :)

KBLB has 3 times the OS so at the peak it would be equal to KBLB @ $20.

There isnt much in common when it comes to product though. DNDN made a treatment that only made cancer patients live 4 months longer. That is awesome but I cant see how it could compare to KBLB. In a very short time we could be building nerves for spinal injuries and skin for burns. And that is after the Kevlar/carbon fiber replacement and common silk fiber replacement.

Yes $20 a share is off in the future but it is far from a fantasy. KBLB could be $20 a share before they ever get to gen 3

[kblbpatience]

Do you still think your 500,000 shares won't make you a millionaire? I'd hate to sell anybody false dreams.

[Jakito]

extremely basic maths showing how KBLB could make you a millionaire one day from technical textiles alone:

Buy 100k shares

Wait 5 Years

KBLB products now make up 10% of the technical textiles market

That equals sales of approx $15Bn p/a (increased market size of $150Bn p/a)

Slightly pessimistic profit margin of 10% after all overheads = $1.5Bn profit p/a

P/E ratio of 10 (again may be conservative) = market cap $15Bn

Divide by perhaps 1Bn shares which may by this point be outstanding due to aquisitions share placings etc = share price of $15

Your 100k shares are now worth $1.5m

Take away tax should leave you with over a million in the bank


This scenario is entirely possible.

ATB

GO KBLB