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Re: TRUISM post# 79241

Saturday, 08/23/2014 12:03:32 PM

Saturday, August 23, 2014 12:03:32 PM

Post# of 276517
"He can keep a biotech company up and running,at a time when many were having trouble staying afloat."

wasnt much of a biotech company...just a research lab...and it was kept running with shareholder money...nothing all that hard to do or that big of a deal...

"He does more with a limited budget,than many with way more spending power."

thats nice to say and im sure some love to hear it...but what is being expressed is actually a huge problem...
kim does what he can with little money ...why?...because he cant get any from anywhere else...no banks, no venture capitalists, no government grants, nothing...none will put up their cash after seeing what hes got...and its not like he hasnt tried, because he has...

a lack of money is one of the reasons why things have moved so slow...its why things get bogged down...he doesnt spend until theres been a problem for a long time...then he tries to fix it...that equipment to test the fiber should have been bought years ago...kblb should have its own huge lab, staffed with its own scientists...

i could go on but i think you get the idea...kim does what he can with what he has because of the very poor decisions that he has made...

"He can build business relationships with prominent universities and companies of notable merit,thus helping to bolster the name of KBLB. "

lol... if he thinks nice thoughts, that will help to...but what he REALLY needs is to produce a product that can be sold profitably...then everyone will know you and want to do business with you...until then, it really doesnt matter...
if i thought kim would turn all those relationships and publicity into a higher pps, i would welcome it all...but he has no interest in doing so...thus its useless to shareholders...
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