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Kraig Biocraft Laboratories Inc (QB)

Kraig Biocraft Laboratories Inc (QB) (KBLB)

0.0925
-0.0025
(-2.63%)
Closed January 21 3:00PM

Empower your portfolio: Real-time discussions and actionable trading ideas.

Key stats and details

Current Price
0.0925
Bid
0.091
Ask
0.0925
Volume
314,163
0.091 Day's Range 0.095
0.034 52 Week Range 0.15745
Market Cap
Previous Close
0.095
Open
0.095
Last Trade
12885
@
0.0925
Last Trade Time
Financial Volume
US$ 29,408
VWAP
0.093606
Average Volume (3m)
719,661
Shares Outstanding
1,038,374,219
Dividend Yield
-
PE Ratio
-31.03
Earnings Per Share (EPS)
-0
Revenue
-
Net Profit
-3.03M

About Kraig Biocraft Laboratories Inc (QB)

Kraig Biocraft Laboratories, Inc. is a biotechnology company focused on the development of high performance polymers. Our genetic engineering research has succeeded in developing what many considered to be the holy grail of material science: A practical, cost-effective, and eco-responsible technolog... Kraig Biocraft Laboratories, Inc. is a biotechnology company focused on the development of high performance polymers. Our genetic engineering research has succeeded in developing what many considered to be the holy grail of material science: A practical, cost-effective, and eco-responsible technology for producing recombinant spider silk based fibers on an industrial scale. We are moving rapidly to commercialize our spider silk technology, which we believe will have a significant impact on the global textiles industry. At the same time we are continuing to work to create new stronger and more flexible spider silk based fibers with potentially broad applications for consumers and industry in the multi-billion dollar marketplace for textiles and performance polymers. At Kraig, we are passionate about pioneering the research, development and commercialization of the next generation of high performance fibers based on genetic engineered spider silk. Show more

Sector
Plastics,resins,elastomers
Industry
Plastics,resins,elastomers
Headquarters
Sheridan, Wyoming, USA
Founded
-
Kraig Biocraft Laboratories Inc (QB) is listed in the Plastics,resins,elastomers sector of the OTCMarkets with ticker KBLB. The last closing price for Kraig Biocraft Laborator... (QB) was US$0.10. Over the last year, Kraig Biocraft Laborator... (QB) shares have traded in a share price range of US$ 0.034 to US$ 0.15745.

Kraig Biocraft Laborator... (QB) currently has 1,038,374,219 shares outstanding. The market capitalization of Kraig Biocraft Laborator... (QB) is US$98.65 million. Kraig Biocraft Laborator... (QB) has a price to earnings ratio (PE ratio) of -31.03.

KBLB Latest News

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.0075-7.50.10.10620.09043660120.0957906CS
4-0.009-8.866995073890.10150.10620.086783610.09510214CS
120.008510.1190476190.0840.1190.087196610.096676CS
26-0.0426-31.53219837160.13510.13750.086535850.097417CS
520.054140.259740260.03850.157450.03410084180.09985171CS
1560.012715.91478696740.07980.157450.0259088180.06991812CS
260-0.0975-51.31578947370.190.33480.02511917120.10874604CS

KBLB - Frequently Asked Questions (FAQ)

What is the current Kraig Biocraft Laborator... (QB) share price?
The current share price of Kraig Biocraft Laborator... (QB) is US$ 0.0925
How many Kraig Biocraft Laborator... (QB) shares are in issue?
Kraig Biocraft Laborator... (QB) has 1,038,374,219 shares in issue
What is the market cap of Kraig Biocraft Laborator... (QB)?
The market capitalisation of Kraig Biocraft Laborator... (QB) is USD 98.65M
What is the 1 year trading range for Kraig Biocraft Laborator... (QB) share price?
Kraig Biocraft Laborator... (QB) has traded in the range of US$ 0.034 to US$ 0.15745 during the past year
What is the PE ratio of Kraig Biocraft Laborator... (QB)?
The price to earnings ratio of Kraig Biocraft Laborator... (QB) is -31.03
What is the reporting currency for Kraig Biocraft Laborator... (QB)?
Kraig Biocraft Laborator... (QB) reports financial results in USD
What is the latest annual profit for Kraig Biocraft Laborator... (QB)?
The latest annual profit of Kraig Biocraft Laborator... (QB) is USD -3.03M
What is the registered address of Kraig Biocraft Laborator... (QB)?
The registered address for Kraig Biocraft Laborator... (QB) is 30 N GOULD ST STE R, SHERIDAN, WYOMING, 82801
What is the Kraig Biocraft Laborator... (QB) website address?
The website address for Kraig Biocraft Laborator... (QB) is www.kraiglabs.com
Which industry sector does Kraig Biocraft Laborator... (QB) operate in?
Kraig Biocraft Laborator... (QB) operates in the PLASTICS,RESINS,ELASTOMERS sector

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KBLB Discussion

View Posts
jake12 jake12 2 hours ago
RU praising yourself Mullet?
šŸ‘ļø0
Bob Mullet Bob Mullet 17 hours ago
Great post. We should point it every week!!
šŸ‘ļø0
SilkRoad SilkRoad 2 days ago
the silkworms are a self-generating money machine that continually makes KBLB money

That deserves a repost!
👍️ 6 👎️ 1 💯 5 🤢 1 ✅️ 1 ⬆️ 1
SilkRoad SilkRoad 2 days ago
How about an update on Cambodia?

In response to:

KRAIG BIOCRAFT LABORATORIES ANNOUNCES INTENTION TO DIVERSIFY AND EXPAND ITS PRODUCTION BASE

ANN ARBOR, Mich., ā€“ May 13, 2024 ā€“Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (ā€œthe Companyā€ or ā€œKraig Labsā€), announces today that it is pursuing a possible business expansion into Cambodia to support the rapid growth and diversification of its recombinant spider silk production.

https://www.kraiglabs.com/kraig-biocraft-laboratories-announces-intention-to-diversify-and-expand-its-production-base/
👍️ 3 👎️ 1 💯 3 🤢 1 ⁉️ 1 ❓️ 1
SilkRoad SilkRoad 2 days ago
KBLB is its own animal. Whether it finally gets let out of the cage this year or not is entirely up to Kim. But BAM-1 is ready to run wild. Open the gate.
🌏️ 1 🏃 1 👍️ 2 👎️ 1 💯 2 🤢 1
SilkRoad SilkRoad 2 days ago
I think the mention of that in the video was entirely unnecessary, but we know that has been a goal of his for years. I was just like ā€œreallyā€ when he said it, because it wasnā€™t necessary and didnā€™t fit the overall narrative about their successes. Grow production. Make the metric tons. Get some actual sales. Then talk about uplist. Maybe Kim doesnā€™t believe the pps can organically grow above $4 pps without an uplist or a &@$/ā€œ@& reverse split, but I do. The focus needs to be on silk production and making a path to consistent silk production in successful end products. Everything takes care of itself if they do that. Because then the silkworms are a self-generating money machine that continually makes KBLB money. I donā€™t understand why everyone is so distracted by ā€œuplistā€ when it does nothing for silk production or sales revenue. If he wants to take on an investor who is willing to back more 25-metric ton facilities in exchange for uplisting okay, but if not, I donā€™t wanna hear about uplisting until weā€™ve hit metric tonnage and actual sales of silk recognized on the books. Without production and sales it would be delisted just as fast as it uplisted. The roads are littered with trash. And KBLB has too great of an idea and product to not uplist when the time is right. Now ainā€™t the time unless somebody gonna back production.
👍️ 5 💯 4
bananarama bananarama 2 days ago
"Itā€™s all about production." It always has been!
👍️ 2 💯 2 ❤️ 1
bananarama bananarama 2 days ago
I never said anything about up listing right now. If it happens, it will be on Kim's schedule, and I am fine with that. It was Kim who was talking about a "potential" up list in the web conference, so I do not see it as set in stone. If an investor is to survive holding KBLB, he/she must have patience. Nevertheless, things have advanced enough for some good news to be announced any day now. GO KBLB!
👍️ 3 👎️ 3 💯 2 😎 1 🤒 1 🤢 2
Truth_is_a_tool Truth_is_a_tool 3 days ago
🤣🤣🤣 what a joke.

Just look at TSLA. That company is nothing compared to KBLB
👍️ 3 💯 3
WebSlinger WebSlinger 3 days ago
Another dayā€¦.

Another weekā€¦.

Another big, fat, juicy, KBLB nothingburgerā€¦.

with a side order of liesā€¦.

👍️ 2 💤 1 💯 2 😡 1
SilkRoad SilkRoad 3 days ago
Itā€™s all about production. EOD!

👍️ 2 💯 2
SilkRoad SilkRoad 3 days ago
We donā€™t need to take a belly flop off a 100 foot tower into a shallow pool with no water. A successful uplist is not possible right now for KBLB without a reverse split which would change nothing fundamentally for the company. A reverse split and uplist does not increase silk production and it does not increase silk sales ā€” those are two things KBLB must have before anybody should be talking about uplisting. Plus the pps needs to organically go up due to silk production and silk sales which might even render a reverse split not even necessary to uplist. Thatā€™s the best case scenario and would mean more staying power long term. Otherwise I could see it falling like BT and then the delisting notices start coming in the mail. There is a right way and a wrong way to do the uplist. The right way takes patience and discipline. Production and sales revenue will lead the way. Thatā€™s my opinion and Iā€™m sticking to it.







👍️ 4 💯 2
gimmegimmeminemine gimmegimmeminemine 3 days ago
Just look at TSLA. That company is nothing compared to KBLB
Nothing.
Of course, compared to KBLB.
nothing.
😃 1
DimesForShares DimesForShares 3 days ago
KBLB is 9.1 cents a share.  Not what I call priceless.
👍️ 1
DimesForShares DimesForShares 3 days ago
If Thompson did a 100-to-1 reverse split, the price of shares Monday would be around $10 each.  You shares would only be worth $40,000, but Bob could still have his $10/share buyout.

Simple...

The KBLB way.
šŸ‘ļø0
bananarama bananarama 3 days ago
Amen! If we up-list, the price will even go higher, much higher. Just look at TSLA. That company is nothing compared to KBLB and how their technology will change every aspect of life. KBLB IS PRICELESS!
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arcav717 arcav717 4 days ago
If $10.00 it's the going price, that would be $4,000,000. in my pocket. ooooooooh do hope your right. from your lips to Gods ears. Amen
👍️ 1 ❤️ 1
patrik patrik 4 days ago
The web conference was meant for the entire world. If so we are in a sorry
state of affairs as evidently nobody listened.
Patrik
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bananarama bananarama 4 days ago
Exactly! This takes time. Also, do not rule out a BO. That web conference was meant for the entire world and especially for the business community. I would not be surprised to see a BO offer before any up list. This is what I have been praying for. May the Force be with us. After that web conference, I am convinced that ten dollars will be the floor. I would be shocked if a BO occurred, and the price was not at least ten bucks. That makes today's prices dirt cheap, yet folks are selling. Go figure, and GO KBLB!
👍️ 2 👎️ 1 💯 1 😎 1 🤢 1
Bob Mullet Bob Mullet 4 days ago
Brings forward the age-old KBLB stone cold classic phrase..


"Maybe this month!"

Lmfao
👍️ 1 💯 1
trainer2 trainer2 4 days ago
bananarama, yes he will need tons of silk. 1.5 metric tons would not last long. 😊
👍 3 👎️ 1 💯 1 🤢 1 ❤️ 1
patrik patrik 4 days ago
Banana
You ave been telling everybody to load up since 2010. .09 and counting
patrik
👍️ 3 💯 1 🤣 2
bananarama bananarama 4 days ago
Amen, Z-man! I think this is the quarter when it all starts going uphill, and it going to be huge. As Mojo said: "The pps will do what it will do until kim announces tonnage and customers, sales and revenueā€¦and when that happens, NO ONE will be able to stop the rise in ppsā€¦"
GO KBLB!
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bananarama bananarama 4 days ago
Trainer.....I look at it this way. Kim has a lot on his plate right now. He will not begin releasing any of the good news until he is ready. That means until he feels comfortable with the amount of SS he has. The biggest mistake any OTC CEO can make is to up list without enough product. This is how many OTC companies go bankrupt. They just cannot meet the demand of their products, and they go bust.

Do you think there will be any demand for our SS? It will be through the roof, meaning Kim needs the silk and tons of it. So, I predicted this year would start off slowly. However, at some point, things will turn around very quickly, and when it does, I plan on being here. I have bought 200,000 more shares in the low nines over the last few weeks.

I tell everyone to load up now before the news begins. That is exactly what I have been doing. Sit back; be patient; enjoy the ride. IT IS COMING!
GO KBLB!
👍️ 1 👎️ 1 😎 2 🤢 1 ❤️ 1
Truth_is_a_tool Truth_is_a_tool 4 days ago
Maybe he intends to release any decent news along with an announcement of a financial deal in order to soften the blow. Who knows 🤷‍♂️
👍️ 3 👎️ 1 💯 2 🤢 1
Z06 MAN Z06 MAN 4 days ago
It is just the way Kim thinksā€¦ itā€™s his decision how the company reports,Weā€™re just along for the ride. I hope he gets this roller coaster going this qtrā€¦.

I am trying to figure but having no luck. Help me out please
👍️ 3 💯 1 😂 1 😴 1 ❤️ 2
trainer2 trainer2 4 days ago
I am trying to figure but having no luck. Help me out please.
👍️ 2 😍 1
SilkRoad SilkRoad 4 days ago
Just think though, whenever they announce the current batch has been completed, it will be a major relief after going through what we did years ago when it took months for them to tell us what really happened. Iā€™m really looking forward to a report on, I think it is Batch 5 now, being the biggest and most successful batch of cocoons ever. It will provide us all with some comfort to know how production is continuing, and we are all hungry to know that everything is still progressing forward successfully. I do have a tiny nervous pit in my stomach though due to thinking about what happened many years ago this time even though I know KBLB is now producing silk like never before. I just want that assurance that everything is still going great. A nice announcement will make that tiny pit go away in a flash. I assume Iā€™m not the only one who is thinking about it the longer we move into 2025 without a production update. Plus I donā€™t want to have to eat a silkworm on April 1st. I need to remind myself:



In response to:

Another week into 2025 and No production newsā€¦. Go Figureā€¦.
👍️ 4 💤 1 💯 1 😀 1 😬 1 🤔 1
Z06 MAN Z06 MAN 4 days ago
No news this week, from previous Prā€™s, there seems to be some great material news Kim could be disclosing to shareholders. Another week into 2025 and No production newsā€¦. Go Figureā€¦.
👍️ 3 💯 3
DiamondHealer95 DiamondHealer95 4 days ago
Wrong. PPS moves with marketing and advertising, not tonnage announcements.
👍️ 1
DiamondHealer95 DiamondHealer95 4 days ago
YET, see COVID.
šŸ‘ļø0
igotthemojo igotthemojo 5 days ago
"Your relentless need to call the Kings contract a "failure""

its called a desire to be factual and honest...you should try it sometime...

" while ignoring Kingsā€™ blatant failure to fulfill their funding obligation is peak deflection, intellectual dishonesty, or outright trollingā€”take your pick."

the contract required the Kings group to fund the necessary r/d to get kblb to a point where they could produce commercially?...lol...you might want to re-read the contract because kblb was already supposed to be ready for commercialization...turns out they werent...and four years later they STILL were not...

" Ignoring the dual responsibilities of a joint venture"

the Kings were ready to fulfill their obligation...but first, kblb had to perform THEIR obligations, which they failed to do...

"dismissing the MASSIVE progress KBLB made as a result of those challenges isnā€™t just misleading, itā€™s laughably transparent."

i did not dismiss anything...kblb has progressed...but they also failed to perform as required in the contract...

"pretending every hurdle is a failure"

the contract wasnt a "hurdle"..it was a promise to provide product and they failed to do that...
👍️ 5 💯 4
arachnodude arachnodude 5 days ago
Some of us have known it all along.
🎯 2 👍️ 3 👎️ 1 🤢 1
arachnodude arachnodude 5 days ago
Your relentless need to call the Kings contract a "failure" while ignoring Kingsā€™ blatant failure to fulfill their funding obligation is peak deflection, intellectual dishonesty, or outright trollingā€”take your pick. Ignoring the dual responsibilities of a joint venture and dismissing the MASSIVE progress KBLB made as a result of those challenges isnā€™t just misleading, itā€™s laughably transparent. Progress isnā€™t linear, and pretending every hurdle is a failure only exposes your desperation to twist the narrative.
🎯 2 👍️ 3 👎️ 1 🤢 1
igotthemojo igotthemojo 5 days ago
" Iā€™m just looking forward to what hopefully will be substantial growth this year for the company."

same here...i believe we are at the cusp of becoming the company that invetsors hoped for...
👍️ 2 👎️ 1 💯 2 🤢 1
igotthemojo igotthemojo 5 days ago
" A "joint venture" is one-sided?"

no...the failure was...

"Invest in a company who has progressed the advancement of Spider Silk like no other and will be the first to bring it to full-scale, SUSTAINABLE, Commercialization, but, call every progressive step a "failure" along the way."

you are confusing research and development with a contract to commercially produce and sell product...the r/d has come around to the point where kblb is ready to commercialize their product....but the Kings contract was a failure...kblb was not ready for such a contract and it failed...it happens...i dont know why that is so hard for you to admit...it didnt stop the company from progressing...but it was and will always have been...a failure...

the contract was not for r/d...it was to produce and sell a product...no product was produced and sold...it failed...period...

saying you can do something and failing to do it is not a "progressive step" forward...
👍️ 1
igotthemojo igotthemojo 5 days ago
kblb is innovative....the contract wasnt about innovation...it was about kblb supplying a product that was never produced...

thats the failure...
🎯 3 👍️ 2 💯 3
Truth_is_a_tool Truth_is_a_tool 5 days ago
You are right on the money as usual Mojo. 100 percent agree with all youā€™ve said today. Iā€™m bullish on Kblb but I canā€™t stand bullsh*t spin from either side. Thank you for keeping both sides honest in regards to Kblb. Iā€™m just looking forward to what hopefully will be substantial growth this year for the company.
👍️ 3
WebSlinger WebSlinger 5 days ago
>

Apparently not....
👍️ 1 💯 3 🤣 2
arachnodude arachnodude 5 days ago
Yeah, don't read the contract. A "joint venture" is one-sided? This beating the "failure" horse is so foolish. Invest in a company who has progressed the advancement of Spider Silk like no other and will be the first to bring it to full-scale, SUSTAINABLE, Commercialization, but, call every progressive step a "failure" along the way. Have at it. SMH
🎯 2 👍️ 3
arachnodude arachnodude 5 days ago
Wow! The innovation illiterate invested in this company is beyond compare.
🎯 3 👍️ 4 👎️ 2 🤢 2
igotthemojo igotthemojo 5 days ago
Good lordā€¦is there no end to your nonsense???ā€¦

The army contract was yet another instance of Kblb biting off more than they could chewā€¦

Kblb was nowhere near being able to fulfill the army contract and they proved itā€¦the army eventually grew tired of the whole thing and walked away taking the rest of the money with themā€¦

The army contract was a failureā€¦
👍️ 3 💯 3 🤣 2
gimmegimmeminemine gimmegimmeminemine 5 days ago
The contract wasn't for "funding research". That is a blatant lie.
It's a partial truth, but....

The research was on the army's end. They wanted to research KBLB's fiber (DS) in shoot packs.

It wasn't a research plan to see if KBLB could produce said fiber. Kim told them he could. He didn't, the army cut their losses by stopping the funding for the contract. It was a failure and didn't lead to additional contracts that some on this board said were imminent.

Another failure, another blow to kims credibility.
👍️ 2 💯 2 🧌 1
igotthemojo igotthemojo 5 days ago
ā€œIf one agrees to purchase something but can't come up with the money to purchase that something, and they are under contract to do so, the other party set to produce for that contract cannot reasonably be labeled a 'failure' for not fulfilling their end of the agreement.ā€

This is true, but it has NOTHING to do with the Kblb and Kings contractā€¦kim himself stated that Kblb was unable to produce a quality, consistent product that met his standards for commercializationā€¦he eventually got rid of GSS altogetherā€¦and he spent the next few years trying to solve the various problemsā€¦it was not until Dr Kumar arrived that real progress was madeā€¦

The idea that the problem was that the kings didnā€™t have the money to pay for the product is utterly ridiculousā€¦

Kim thought he was ready to mass produce when he signed that contractā€¦he wasnā€™tā€¦and 4 years later the contract expired without one cent being made by anyoneā€¦

That is a failureā€¦and no matter how you try to convolute the situation and pretend it was someone elseā€™s fault, kim himself has already admitted his failure in that contractā€¦so Iā€™m not really sure why you are on this crusade to save someone who has already admitted his failureā€¦

Trying to place the blame on the kings is foolish nonsenseā€¦

ā€œ "Failure?" Not until we see the end result of the relationship. Let's consider it a "Work in Progress."

The JV was a 5 yr commitmentā€¦the contract was 4 yrsā€¦that was so a new contract could be negotiated and the JV extendedā€¦it was not done in anticipation of failureā€¦lol

Bottom line, the JV remains in effect and the contract ended in failureā€¦
🎯 1 👍️ 1 👎️ 1 💯 1 🤢 1
arachnodude arachnodude 5 days ago
Deflect much? Trolling with out-of-context quotes might feel clever, but it only highlights your misunderstanding of the contractā€™s intent and outcomes. The Army wasnā€™t duped; they were investing in the future of advanced materials, and KBLB delivered meaningful progress toward that goal.
🎯 3 👍️ 4 👎️ 2 🤢 2
WebSlinger WebSlinger 5 days ago
>

The contract wasn't for "funding research". That is a blatant lie.

"July 12, 2016 - KRAIG BIOCRAFT LABORATORIES ANNOUNCES CONTRACT WITH U.S. ARMY TO DELIVER DRAGON SILK

" the Company will deliver ballistic shoot packs"

https://www.kraiglabs.com/kraig-biocraft-laboratories-announces-contract-with-u-s-army-to-deliver-ballistic-shoot-packs/
👍️ 1 💯 1 🤢 1
arachnodude arachnodude 5 days ago
Talk about a twisted reality! The Army contract was a cost-plus-fixed-fee (CPFF) agreement, which you properly point out. But, you failed to point out that CPFF contracts arenā€™t about guaranteed deliverables like ordering off a menuā€”theyā€™re about funding research and development in uncharted territory. The Army was fully aware they were investing in an exploratory project with inherent challenges. Thatā€™s why the contract reimbursed costs and included a fixed fee for KBLBā€™s efforts, not for a guaranteed pile of shoot packs or 100 kilograms of silk on a strict timeline.

And what did KBLB do with those funds? They used the contract monies to:

ā€”Develop their own laboratory, breaking free from dependency on Notre Dameā€™s facilities. This was a pivotal step in ensuring KBLBā€™s independence and scalability. As we can see in their progress timeline.

ā€”Develop nearly pure spider silk from their own lab. This achievement aligns directly with the Armyā€™s request to ā€˜develop a thread stronger than anything currently available.ā€™ In other words, the contract achieved exactly what it was intended toā€”advancing the technology.

You twist standard contract adjustments, like the Army withholding funds for work not completed, into some punitive measure. Thatā€™s not how CPFF contracts work. Adjustments are normal, expected, and reflective of the nature of experimental R&D agreements. The Army didnā€™t withdraw funds out of angerā€”they did it because the project was still in development, and the funds were allocated based on progress, not final deliverables.

These advancements continue to shape KBLBā€™s progress today, paving the way for commercialization and scalability. Your narrative, on the other hand, is deliberately crafted to sensationalize and mislead, ignoring the complexities of innovation and the tangible progress KBLB has made.
🎯 2 👍️ 4 👎️ 1 🤢 1 ❤️ 1
WebSlinger WebSlinger 5 days ago
5 shares traded in the first 10 minutes.

LOL

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WebSlinger WebSlinger 5 days ago
KBLB didn't fulfill the contract. The Army ordered shootpacks and received fabric swatches. The Army ordered 100 kgs of custom spidersilk and received nothing in return. Because of these massive FAILURES, the Army withdrew about 50% of the contract monies. The only reason that KBLB received any money at all was because it was a "cost-plus-fixed-fee contract".
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SilkRoad SilkRoad 5 days ago
And I suppose everyone just imagined seeing shootpack panels and the contract amount? No. It was real and so was the money.
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