Thoughts & Conversation
As stated previously, I spoke with Ben yesterday after hours.
I asked him what the intent of yesterday's PR was and he stated that it was to explain the protocol going forward for the newer fibers....
NOT Monstersilk (tm)
My belief is that Kims intellect and expertise as an attorney,economist,small cap expertise,etc., (along with his vastly acquired scientific knowledge) makes for a CEO that can stand against any other,when it comes to knowledge of the business and science;inside and out.
Does Kim possess a degree in biotechnological science,no but that shouldn't be confused with his ability to both attain,retain and apply principles,to have scholarly discussions with the scientists he has business relationships with.
Where I believe things may fall short (at this point in time) is in the specificities of certain issues in releases.
I don't get the feeling that Kim is purposely attempting to be vague but the way certain things are worded (at times),leaves more than enough room for misinterpretation.
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I explained to Ben that the lack of information leaves some to seek information elsewhere....
(For example, I reached out to SSM Industries last year via transmittal last year,only to have a response that included pleasantries and the explanation that the email was being forwarded to Ben for a proper response....Long story short,Ben understood why I took the initiative)
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In being fair to all sides, I stated that:
It was wonderful to know that the yield rate increased from 30% to 70%+ but I neither knew that KBLB was at 30% nor the fact that they were prepared to go ahead with commercial production at that rate....
Water under the bridge now,as 70%+ works for me....
It just leads me to believe there were definitely more hurdles than meets the eye.
Then there's WM returning the fiber,which ends up being returned after meeting certain specs....
Sure it was news after the fact but once again reaffirmed that there are more hurdles than meet the eye.
One can expect hurdles and stumbling blocks to occur....It goes with the territory.
Sure they've had MS for three years but they've also had hurdles to overcome also....
Some that we'll never hear about.
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When it comes to Kim's secrecy
,I am reminded that companies like Coca Cola don't state:
"In three months,we'll be announcing a new flavored soda that we're going to name "Tropi-Cola."
Initial market testing in focus groups shows a 99% favorability factor over all other brands of soda in the industry today.
We found this undiscovered fruit at (add specific latitude and longitude figures) on the continent of...."
It just doesn't happen.
What I would expect is as little information as possible, SO OTHER RIVAL COMPANIES DON'T GAIN A COMPETITIVE ADVANTAGE.
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Getting back to Ben....
Before we ended our discussion,he stated that he needed to finish up some KBLB-related info to get to Susie by 10pm of an external nature.
Just goes to show you the lengths those hired by KBLB go to,to help ensure the companies progress.
TRUTH
I've never claimed to have all the answers but feel i'm beginning to corner the market in questions worthy of solutions.
