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I'm just getting impatient. I want to hear something. Any significant announcement will bring this company to a new level of achievement.
The only problem might be the immense amount of corruption in the burocracy don't know how that is spelled
Oh yea. He just sells shares to pay himself a salary. You are right. This is such a scam. I can't believe I fell for it.
I just think Ben has the experience talking to investors. So he needs to explain to Kim that this silence hurts.
I got an email returned the other week. It took five days to come back. I hope we are done with Ben. He sucks.
Ok, so they need a hindered grand. Obviously there are big things for a man that owns half the company. I don't think he cares whether he owns 53 percent or 51 percent. As long as he owns half. Which is as far as dilution would ever go. Welcome to all who are lucky to buy in at this level.
You sound like rodney dangerfield! Haha
Thanks, I don't need it. Im pretty solid at penny investing.
I'm concerned with about a business model, not with the share price moving on 3000 dollar trades. The price moves because this is not a liquid stock. But it will be in 6 months. I've waited 3 years. I can wait another month.
Yea um the National Acadamy of sciences has seen and verified. No wait that can't be, this has to be "Hokus Pokus" lol.
Instagram less then twenty employees, sold for one billion. That is what this investment is all about. They didn't buy it for its dozen employees. They bought it because of the value of the information of all the subscribers. Is this technology worth more then a list of names? I would say so.
Is it me or is the first time we have had kblb sell shares and we haven't taken a step down in price range. Still in the mid fives. Bottom anyone?
Or that no one is willing to sell into the manipulated pricing when it's this close.
Yea, and I'm sure they have plenty of cash on hand.
Yup. Making chemistry renewable. There could be untold amounts of products out of the platform worm. I could only wonder what that means. Are we going to start producing polymers?
After ten years of research and development, I don't expect KT to accept an offer quickly. I wouldn't. Knowing what the value of the market potential. I would not be greedy at all. This is a very transformative year for the company, so one should make those steps carefully.
I know this.
It's a breakthrough technology. So the idea that nothing going on is like bankers saying the great recession was a blip.
Current market valuation of the company. 34 million. Kevlar revenues per year for DuPont. 5 billion.
It's a waiting game now. 1 of 2 things will be in the next pr. Commercialization and customers( something that you never know until the date it happens) or ZF success and an almost endless pipeline of customizable products.
Patience is the word in the penny world. Invest it in the right place, and wait for the technology to come. We will get customers. Unless you believe the Proceedings of the national academy of Sciences was a pump letter cause Kim must know someone. We have a breakthrough technology. With breakthrough technologies, you don't see people advertising high level meetings with clients. That would be a pump. And nobody wants a pump. Sorry you lost money. And I'm sorry you didn't asses the risk involve with this type of investment.
Blue chips are checkers, Penny stocks are chess. You pretty much made that statement yourself.
Much agreed king. Due to the waiting for major events, it can get a little boring, I often think of the sounds of crickets . But I will say I have learned a lot about proper dd being around here. To really get down and understand the limited info you have.
It could be processed in the states and then shipped off. That would keep the organisms in a secure environment.
Yea, lame. The market is military contracting and stuff, so actually its pretty reassuring that 300 pounds of a finished rope of currently available fiber that is on the market costs a quarter million.
Exactly. It doesn't matter.
Yes. I imagine a button down shirt made of monstersilk would cost 1000 dollars. Because its a technical textile. You ever shop at Armani? That's just nice cotton. And a button down shirt costs 250. So yea.
One of those many great aspects of business you have to consider is that plain worm silk costs nothing.
I'll go back to nautical cause they use technical textiles extensively. A 300 foot stretch of PBO at 2 inches thick( stronger then spectra) cost around 250k. Thats what the 10 million dollar racing yachts use. And trust me, it ways about 300 pounds. So do that math with 1 ton.
No you don't. Especially for a product that will sell for 50 times the product that is on the market now.
Well that is true when you think of new or innovative industries. We are merely replacing the cattle with a far superior cattle. This is a streamlined industry that has been around for hundreds of years. Costs might vary. But not by much.
Oh and could you please provide me with the EVIDENCE that says silk production costs vary from region to region?
Sure, but that cost will be ridiculously low. Don't you think we( i mean me and other investors and not you the good samaritin) will be able to charge at least ten times more for monstersilk? I think it's gonna be more in the 100's of times for the raw material. So whatever the margin of regular silk. Kraig will have margins 100's or so times greater per pound of silk. Maybe that will help you. But I know you don't actually believe that it's anything that needs to be pondered over.
Let me just go over this one time. I won't say it in from of my 8 year old nephew again cause he already gets it. Crap silk sells for cheap, and is cheap to produce. Now replace the stock eggs with monster eggs. Abracadabra boom, cost doesn't go up. There is a chance they might eat more but not likely that it even doubled. Maybe security costs did.
Friggin cheap!
Lol, oh my god, yea but it's already a proven industry for let me think, oh a couple hundred years. You want sales and margin numbers? You will never find them. Because, there are no publicly traded companies that spin silk on an industrial scale. They are regional businesses Asian countries. So you actually think the spinning of silk as a traditional business costs much? And I can still get silk products at the retail level for ten dollars. That is 200 year old silk technology. Another big spending in business is advertising. That is a cost we don't have to worry about because we are selling to manufacturers, not the public.
To say that the cost of production for this material is going to be a factor is just flogging a dead horse.
I know, but they word it like gm is a company and not the process. I guess they are referring to Kraig labs.
Seriously, the gm in that article is possessive. Is it a company or are they just stating a company has done it. #poorwritingskills
What does gm stand for?
Seriously, if you owned a penny stock, could you even ask for the kind of collusion we have had from the media in the last year? No offense if anyone reads it, but USA today is like the most lame regurgitated news in existence. The only thing we need to have
as broad of audience as possible is a front page in the new York post. "Worms Poop Spider Silk!" would be the title.
I didn't know anything about spider silk 2 years ago, but I bet you the garbage man does as of today. Crazy.
Guys. It's gonna come. We all know what we have, and a bottom has been found. Seriously 30 million dollar market cap. I wish I had a house to mortgage.
I'm sure it will be organic if they are going to use it in the human body. It is time for some results for sure. I spoke to Ben. He mentioned that having the lab up and running and producing four times the material is bigger then we realize, and that it has accelerated corporate developments.
I'm not sure if that means we can now sign contracts.
Over a million! Been a little while since we have had that.
For sure they will shoot and kill people. But the overwhelming majority of the hijackings end in a ransom being paid and hostages being released. Unless the ship owner is a scumbag.
That's slight paranoia talk zinc. No one is gonna hijack a shipment of eggs. I could see it happening but on the level that includes a developed nation's government. Pirates are desperate people. They are surprisingly professional about their operations though. The Somalis don't kill people. They just hold the booty until they get cash