Lets recap. They have figured away to have silkworms produce spider silk, which is ten times stronger than steel and Kevlar. On a mass scale. Which changes the materials world in a big way, how big? Sigma-Aldrich invested in them and became share holders as well in each other.
Let me remind you (SIAL) Market cap is over 8 billion. Do you think a company of this magnitude would stand behind something that did not have the potential to be big?
I am quite surprised this stock has been so quiet, holding at .10 for so long. They were accumulating shares on the stock for weeks at .10
They can not hold the stock back any longer as more news is coming out, more projects and more money. Remember we broke .26 cents with out heving the deal with (SIAL) now we have this deal and big money behind (KBLB) Stock is a buy for short term, mid term, and long term.
Low float, big money, big scientists, big universities, big drug company. A new fiber that will change the world in which we live in, with the potential to earn billions in revenues from this new fiber.....how much more of a perfect storm do you need?
BBB Not sure what ur last post really meant, SIRI is and will continue to go nuts. Citi one of the most traded stocks going today, has not preformed like siri. Bought siri in april of 2010 at $ 1.04 sits know at $2.24 will not stop going.KBLB will make theses returns look sorry long term.
Reverse split, why would you even mention that word. There is no need for a reverse split. A reverse split is for companies that have a high OS like 3 billion. KBLB has money and funds from (SIAL) a billion dollar company, please keep up with the company and events.
If you want to watch a reverse split take a look at (CTIC) they are doing one and it will be bad for them, KBLB is not and will not ever do a reverse split,
Check it out we closed 25% higher! Big money is now flowing into the stock Sigma-Aldrich is behind us Notre Dame got us here!
surprised its @ .10? With 558m O/S , KBLB has a $55m market cap. over a $100m market cap @ .20. doesnt leave a whole lot of room. they are going to need to do a split in the near future to get this stock to the nasdaq. SS should be and most likely will be around 100-150m O/S tops. then you will see this go past $1