Thank you ZF,
I think that your post will give some degree of confidence and moral support to those stock holders who worry about a bottom if we approach KBLB's 52 week low.
KBLB does not have a solid "book value" because the various IP rights that it holds have never been on the market, but IMO if the value of KBLB's IP were to be fairly assessed, that alone would be considerably higher than its current market cap. Add to that the value of its ongoing business relationships with UW, UND, SIAL, the several world class scientists and their labs, etc.
KBLB put all of these people and companies and institutions together to reach its goals.
IMO, KBLB is currently trading BELOW its book value
Mike L.