um, well you wont be laughing then because you guessed wrong. According to the can:
Ingredients: Whole farm faised mealworms(Tenebrio molitor)
Crude Protein(min): 17.0%
Crude Fatmin) 5.0%
Crude Fiber(max): 1.0%
Crude Ash(max): 3.0%
MOISTURE CONTENT: 70.0%;P
BTW the EXP. date on the back is sept 2009.