Saturday, September 24, 2016 12:32:09 AM
Kims goal is to become a legit company. We are investing in that goal. The random PPS day in and day out is at the whims of the market.
If anything I am showing why Bobs goal of $5 will never happen under the current share structure.
But my point is that we CAN decide what amount of silk we need if we have a goal in mind.
Using that $5 as a goal and assuming we diluted to 1b shares by that time we would have a $5b market cap.
We would need revs of $500M (just using the numbers from another 5B company with a $5 pps.)
$500M...
Even at $1,000,000 a ton we would need the entire country of Viet Nam to produce that kind of income.
We will some day get to $5 after splitting etc but that is not the point.
(forward looking) If we have 1B shares what PPS are we as shareholders satisfied with the companys progress?
If you say $1 then we need 100M in revs.
If you say $5 then we need $500M in revs
Whatever the revs are to get to that point needs to be divided by $150,000.(Kims price for the silk)
That will tell you how many tons we need
THIS IS JUST TO USE AS REFERENCE FOR PERSPECTIVE
I think if Kim can get an income around $10M-20M (a stable .10-.20 PPS) in the next 2-3 years he is doing amazing.
That is about 60-130 tons a year as a goal (using Kims pricing)
Now if we need a country willing to let us use 33% of their industry we need a country that can produce at a minimum 200-500 tons a year.
That is why we are using Viet Nam.
Their production varies around 300-500 tons
They have enough infrastructure already set up.
There is room to expand without added red tape
The wages can support the needed labor
the resources (trees/reelers/experience)are already there and in operation.
I believe that Kim went through a lot of DD to narrow his list down.
IMO If Viet Nam ever decides to get moving within 5 years there wont be a mundane silkworm left in the country.
Thailand will be the next location with India becoming a major producer sometime after 2020.
There may be other places (including domestic)that we place operations that produce smaller amounts of specialty fibers but that is way in the future.
And I am still a firm believer that Kim will at some point license out his worms and collect royalties.
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