If we had some eggs, we could have eggs and ham. If we had some ham.
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All the money from the army has been spent. Right now they’re operating on the cash from the Yorkville deal.
https://www.kraiglabs.com/kraig-biocraft-laboratories-completes-closeout-of-8-million-financing-extinguishing-all-convertible-debentures-with-yorkville-advisors/
You shouldn't be so rude to Webslinger. You make a fool of yourself with almost every post, and he gives you more thumbs up than anyone. You may have just offended your only friend. You should apologize and thank him for his continued support.
I know some don’t like fun facts, but did you know that Da Lat is the capital of Lam Dong and it’s known as the city of eternal spring?
Hey, asking for a friend… in the northern hemisphere does it get warmer the further south you go?
So like if spring thaw in Minneapolis is in late march, wouldn’t it be even nicer in Dallas?
Just wondering.
I think enough cash to cover costs could/will come before uplist. Granted, biggest influx will likely be at uplist.
However, they prove production, and if there’s a household name willing to announce a contract while still on the OTC, some deep pockets will break their rule about not investing in OTC stocks based on the credibility of the household name.
I agree that communication from the company is pointing to success. Like they already know it and are trying to time the releases.
“ We had hoped to announce the creation of a new transgenic in November, but we have not hit that mark. We will add additional resources to our molecular biology team in early 2024 to speed up this process. ”
Dec 22nd
Then on Feb 6th, Barney’s* homozygosity was announced and Betty’s was “imminent”. And we already have BamBam as of the 27th.
Betty had already been homozygous by at least a week
*well, Kim DID say BamBam would be the “bedrock”.
No doubt BamBam didn’t become homozygous late Monday afternoon.
News is being time released to have all those fears allayed before they drop little boy and fat man.
Next PR guesses ?
Spring trials began? Indian experts arrived? Deal with India?
I say spring trials.
“I wonder how long it took to get Bam Bam homozygous via breeding.”
Evidently longer than two thousand years. Spiders and silkworms just aren’t attracted to each other. But kim was able to do some matchmaking and they discovered they had silk in common.
Before long, as silkworms got more comfortable hanging with spiders, some silkworms started to identify as spiders! Then BAM! Trans-spiders were EVERYWHERE!
Really I had no idea there was no science involved. Just old fashioned matchmaking!
Hey Joe! Charlie love BamBam long time!
Hey don’t be so transphobic! Get with the times! Trans-Spiders ARE Spiders!
“They have been using common silkworm breeding practices”
Silly me. I thought they were inserting spider DNA into the hybrids all this time. So they’ve just been breeding regular old silkworms huh?
And here I thought BAM BAM was something special!!!
Whaaaaaaat? I thought it was recombinant!!!
Do all those companies that are trying to make it not know this?
Wow! All those billions in funding in this pursuit only to find out that it’s a waste of time for everyone!
I guess we’ll deal with recombinant spider silk then.
Did you know that of all those companies, only Kraig labs has produced a 25kg batch of recombinant spider silk that was processed into finished reeled raw silk?
“ Recent PR’s would suggest that immunity worms have failed and also that they haven’t figured out the customization part yet”
Recent PRs suggest the exact opposite. Collaboration with local coops suggest they’re interested in more than just mulberry support. KBLB lacks the funding to pursue all their dreams. Near term is hyper focused on commercialization of DS. As revenue comes in, I expect more news about other income streams to be published.
“. They are now using crossbreeding to try and get more robust healthier worms. Something that’s been done for centuries.”
Hybridization via the insertion of different genes has been done for centuries? I was unaware. I thought bioengineering in the lab was a new thing.
Word is getting out for sure.
And since I want to make sure I’ve got things right, here is where I believe we are now and how we got here :
2018 hybrid work in early stages but still lab project
2019 production attempt failure because of cold, robustness, tainted mulberry.
2020BC (Before Covid) successful game changer announced. large plasmid cassette insertion with knock in- knock out. Gens 2,3 were successful. Immunity worms for mundane silk now possible. Ability to customize became much easier. Path to US production can be seen.
2020- SHTF shutdown.
2020-2021 supply lines jacked up. Customs restrictions delay everything and eggs can’t make the trip before dying.
2022 fancy equipment arrives. all genetic screening and selection testing transfer to Prodigy. Late year production failed even after the pilot exceeded expectations.
2023 feverishly adjust protocols and work on hybrid. Get help from industry experts and 25kg batch of DS is produced late year.
2024 ramp up batches of DS tagged for clothing industry because smaller batch sizes. Meanwhile both parental lines of BAM hybrid are homozygous. Now BAM DS will supplant regular DS as the bedrock of mass production.
Obviously many things left out.
“I hope you don’t do your own taxes. M4N welcomes you to the moron club.”
Hold on a minute. W2R does the welcoming to the club. He was first, then me, now Mojo. I don’t feel like it’s my place to welcome new members. I guess we could rotate. I’ll welcome the new members tomorrow. Then mojo welcomes the next one Thursday
You should call everyone a moron who talked about lowering their cost basis today. Because, hey, more friends for you!
No one misread a thing. She deserved the dog pile. Every knows how the term “cost basis” is used by EVERYONE unless there’s a need to specify otherwise.
She can’t call people morons and not expect to get smacked down. You were correct the first time when you said it was warranted.
Okay
2nd greatest post ever!!
“ Buying shares below 10 cents doesn’t lower your cost basis of the ones you bought over 10 cents. Only a moron would think that.”
This is your greatest post ever! LMAO
Better to Remain Silent and Be Thought a Fool than to Speak and Remove All Doubt
Hah. Yes. They SHOULD be. I can’t imagine anyone with a higher cost basis who stayed long NOT averaging down. After all, why stay long at all and just sit there watching it tank.
A smart investor will either cut and run or average down.
But… it may sound reasonable to some to pound on the keyboard for years on end til it gets back to .40. lol
CB lower than .05 for all of them. They’re here for the duration.
No. One guy is .068. He’s got the highest CB of all of us.
Just about everyone averaged down on the dips.
No. The average is extremely lower.
When daily trading volume is lower than one guy owns who isn’t a rich guy… that’s EXTREMELY low volume.
I know of at least 6 shareholders who aren’t rich who own more than 3 million each. This stock is still off the radar.
Won’t be for long though. We’ll notice the day it’s no longer just us.
“ massive selloff”
lol 3 million shares is extremely low volume.
I could single handily crush the share price if I sold out today. The trading trends are almost completely meaningless while it’s still being kicked around by retail traders.
No worries at all. Higher lows and higher highs are the trend until the current narrative plays out. Will know more how today is going to shake out after amateur hour.
By close Monday, we’ll be back above the 52 week high.
Not too late for you to get back in the ring.
It floors me that anyone can be long this stock for years, participate in a discussion board for all those years, and STILL not know what’s all the fuss about spider silk.
Hard to say. I have no clue what the marketing plans are for Kings and I have no clue of their reach. I’m prepared for minimal market response. Fun to think about though.
However, proving production with multiple sizable deliveries will send us north many times.
The 800lb gorilla sitting there waiting to announce is the one that will send this above $1.
We know with certainty there’s one (at least) lurking in the shadows. We’ve seen the other gorillas team up with the competition. No reason to think one isn’t waiting to team up with the first company that can mass produce.
If Kings sends us to a dollar first, I’ll certainly celebrate!
No doubt. I don’t know why anyone is trying to find reasons to say a better, stronger, silkier protein based fiber isn’t in high demand. Especially when the high demand can be proven empirically.
Someone had better tell Louis Vuitton that there’s no money in luxury apparel. They’re only worth $37.14 billion. Evidently a whole lot of people want luxury apparel.
“It’s not by chance that the Louis Vuitton logo is set in gold, a color associated with luxury and wealth. The richest fashion label leaves its competitors in the dust, its value nearly twice that of its nearest contender. Louis Vuitton, in fact, is one of Forbes’ ten most valuable brands in the world last year”
https://financesonline.com/top-10-richest-fashion-labels-of-all-time-levi-dior-hm-or-louis-vuitton
“ I think things may be different. I hope they are.”
No you don’t.
Go find the photo. Go find them even claiming they produced a 25kg batch of recombinant spider silk and had it finished into reeled raw silk. They aren’t even trying for that anymore.
We know you don’t study KBLB, so we definitely know you don’t study Spiber either.
Stop making a fool of yourself. Just stick with Web. Follow his lead and figure out how to not sound like a complete idiot. Day after day, post after post.
You’ll have to provide the quote when I said they weren’t competitors. Definitely didn’t hear that from me.
Wow. They’re just killing it with throwing some silk proteins into a blend with a synthetic fiber that they have to spin. Yet they still can’t produce a 25kg batch of recombinant spider silk and process it into a protein based finished and reeled raw silk.
100 times the money as Kraig labs and they can’t make anything but soup and fabrics that feel like burlap.
Well good thing you’re a KBLB long! That must mean you’re just praying that KBLB maintains their lead in the recombinant spider silk fabric race!
Keep an eye out for that photo I’ve been asking for
And you go on pretending to know what you're talking about. Spiber "MUST HAVE produced"... but KBLB MUST NOT have enough worms. You're SUCH a joke.
I give you credit. You're obviously educated. Yet you go to great lengths to fake such stupidity. There's no way in hell you're not faking. I can't believe you're this dumb.
"must have exceeded 25 kilos by a considerable margin"...
LMAO. "must have exceeded"? "MUST have exceeded"? Did you really just say that? What a joke!! You don't even know and you admit it! Sure. I'll spot you 100kg of soup. 100kg of spider silk protein soup is NOT the same as 25kg of finished reeled raw silk. That's like having a pile of car parts and trying to say it's just the same as having a car.
Spiber STILL can't make a single batch of recombinant spider silk and process it into finish reeled raw silk. That was their stated goal when founded. SPIBER FAILED!!! They aren't even trying for that anymore.
And all their investors are going to absolutely lose their shit when they find out that a tiny little underfunded company out of Lansing has actually produced a 25kg batch of recombinant spider silk and processed it into finished reeled raw silk. Kraig DID what Spiber DIDN'T !!!! Those investors are going to want answers!!!!
“Growth in KBLB’s ability to produce silk will be limited by the availability of eggs for quite some time.”
Is that so? Amazing how just a minimal amount of DD could cure you. You’re always such a shining star of ignorance of the stock you claim to own.
Check out the video about just little ol’ Progidy’s capabilities!! Not even talking about GSS or Lam Dong!
1:39 to 2:21 minute mark.
“This facility and the surrounding lands offer the potential for the company's unhindered production growth and expansion, while providing us with control over the entire production supply chain. These facilities offer Kraig labs the capacity to produce METRIC TONNAGE of our spider silk fibers in a complete standalone silk manufacturing model. More importantly, they also offer the flexibility required for the next critical phase of our business plan. This facility will serve as a central production hub for the company's specialized silkworm eggs in a distributed large-scale contract production model. Under that model, eggs from this facility are shipped to registered third-party producers for contract manufacturing leveraging the entirety of vietnam silk production supply chain and opening the doors for production levels into the HUNDREDS OF TONS”
Well I guess you’d better find a photo of the Spiber CEO holding a 25kg batch of recombinant spider silk that was processed into finished reeled raw silk.
That may change his perception. Imagine, they have 100 times the money and not one 25kg batch of recombinant spider silk that was processed into finished reeled raw silk!!
Who discounted Spiber? I acknowledge them as a competitor. I’ve said so many times.
I’ll listen after you post 1 PHOTO of the 25kg batch of recombinant spider silk that was processed into finished reeled raw silk by Spiber.
This is incorrect. They announced their intention. As did all those other companies.
Turns out it hasn’t happened. Guess they were wrong.
I’m sure North Face regrets their partnership with Spiber in 2017. Spiber promised commercial quantities after their limited production. How sad. They still haven’t produced…1 PHOTO of every 25kg batch of recombinant spider silk that was processed into finished reeled raw silk.
Speaking of photos - WANTED! … 1 PHOTO of every 25kg batch of recombinant spider silk that was processed into finished reeled raw silk. (Will accept even a 2.5kg photo.)
I want to compare the photo of Kim to the ones the CEOs of Amsilk, Spiber, Bolt etc are holding in their photos.
They never claimed commercial production of recombinant spider silk. None of these companies have. But they are all still trying.
Many announcements saying they’re going to, but no one has pulled it off. I guess you haven’t failed if you’re still trying.
How humiliating for Spiber. 100x the funding and still haven’t produced a 25kg batch of spider silk. Only Kraig has.
AMSilk Germany 2006 $42.2M
Araknitek USA 2012 $4M
Bolt Threads USA 2009 $214M
Entogenetics USA 2007 $540K
Kraig Laboratories USA 2006 $4M
Modern Meadow USA 2011 $184M
Spiber Japan 2007 $424M
Seevix Israel 2014