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Market got you down? KBLB is here to save the day

Posted on 5/13/19 at 1:54 pm
Posted by Hurricane Mike
Member since Jun 2008
20059 posts
Posted on 5/13/19 at 1:54 pm
Moved from 6 to 44 in the last couple weeks. Contracts with the U.S. Army and Polartec. Partnership with Notre Dame. Production facilities up and running in Vietnam.

Won't be long now.

Posted by crazycubes
Member since Jan 2016
5256 posts
Posted on 5/13/19 at 8:34 pm to
6 to 44 Cents...not dollars people
Posted by Hurricane Mike
Member since Jun 2008
20059 posts
Posted on 5/14/19 at 1:26 am to
I've warned about this stock's technology in the past. It got delayed for a while because of Vietnam government. You can laugh but you cannot deny the technology. You can laugh and then wish you were a part of groundbreaking technology at the ground level.

The risk has largely been removed at this point which is why I mentioned the partners and stated whole numbers. The point was to get you to do due diligence. You clearly have not.
Posted by Volvagia
Fort Worth
Member since Mar 2006
51908 posts
Posted on 5/14/19 at 6:32 am to
quote:

The risk has largely been removed at this point


I don’t think I have ever seen a good investment outcome when this line was used to justify the interest.
This post was edited on 5/14/19 at 6:39 am
Posted by Brummy
Central, LA
Member since Oct 2009
4505 posts
Posted on 5/14/19 at 9:29 am to
So, they basically make body armor out of genetically engineered spider silk imported from Vietnam? I would assume that's at a significantly higher price point than traditional Kevlar. When do the sales start coming in? The last military contract they show on their website is from 2017 for $900k. That's doesn't put much of a dent in a $27M earnings deficit.
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