The key issue here really is that there have been loads and loads of bogus crap used in flogging the stock as a story... the vast majority of which has no rational connection to the real story in the development effort.
KBLB is a vehicle for funding the university lab work while paying the CEO a salary...
Beyond that... it's a lawyers hobby project and a long shot high risk... not because of the tech, but because of the market realities that the company has taken pains to avoid addressing.
The R&D is interesting... but, its not a business.
I noted in prior visits here... that they appeared not to have a business plan that made a lick of sense... and that lack of planning was clearly apparent in the misguided expectations.
They've clearly misled investors re the state of their development and the probability of a business success occurring.
They clearly don't have a viable commercialization plan, at this point...
The issue there isn't that they COULDN'T have a viable plan...
The issue is that they DON'T HAVE ONE...
The proof in performance that you see... is a proof in the lack of performance... in the elements that matter most in the market.
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