Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I too am in the same boat as you, and wondering the same things as I figured I could have sold some shorter term shares at a profit after buying them around 0.30. I’m considering selling some at a loss to free up some cash, because it seems that NONE of the positive PRs are helping the share price, although the updates are healthy for our long term outlook. I’ve gotten contradicting statements from Ben regarding when an uplist may or may not take place. My thoughts vary from ‘they are being secretive so a big announcement must be coming soon’ to ‘they are telling us everything they currently have.’ Just back and forth and not sure what to do. Never thought we’d be at 0.20 or possibly lower by NOVEMBER. It seems to be slow played, but WAY slower than I ever anticipated earlier in the year.
Isn't it interesting then that we are using DS 2.0 for production that is going to Polartec (as stated at the SHM), Polartec having ties to the military? DS 2.0 is what the military requested, and it is the silk line that we are mass producing. It seems pretty clear to me that this batch of material will be eventually used in military items.
How long ago did you receive that response?
Has anyone talked to Ben lately about this? I asked a few days ago but no reply yet. I also reached out to Jon and Kim directly but don’t expect a reply.
These ridiculous arguments do little more than simply pass the time until the stock begins to climb.
You are incorrect sir! Have an ok day!
Wow! Definitely looks like an option.
I’m somewhat concerned that the plans may have changed, and I need to prepare myself for the possibility that Thanksgiving could very well come and go with no excitement yet for KBLB.
Truth,
Do you have any thoughts on the fact that we are so close to Thanksgiving, yet we haven't heard anything yet regarding the RS/Uplist/Financing? Do you think the plans have changed, or should we continue to wait in a cautiously optimistic fashion? From Ben, I know the board has not yet been seated, and I know that the plan was not to seat them in October. Thanks.
Reading the 10Q was somewhat depressing. I’m hoping for the best, but curbing my enthusiasm so to speak. Truth!
It looks like the shareholders of that company voted on 10/31 to split, and it reverse split the next day on 11/1. They reverse split to remain listed on NASDAQ, not to uplist.
What's coming?!?!
What is going to happen this week do you think?
How do you know this information about prototype garments?
It is now apparent that you have absolutely no idea what you are talking about.
Another question, the moths will emerge from the first production batch of cocoons very soon. I've read that these cocoons, while not reel-able, are not necessarily worthless. Do we think KBLB will try and make money on these cocoons, and if so, how?
So we are scaling up DS 2.0 for production, is that right? That's great, but doesn't that go against what everyone thought originally that Vietnam would initially be for DS 1.0? Any comments or clarifications on this? It seems like a good turn of events at the surface.
Eggs to cocoons in less than a month? That is impressive to me. How long until we can expect the moths? And then the eggs from the moths? Just looking for expectation of the entire life cycle here. This is exciting!
Ben hasn’t heard anything that would make him think otherwise.
I’m pretty sure Spiber’s pilot production facility does NOT have a capacity of a few tons per year, even though the article says it. The 50 moon parkas are only 50 kg? The capacity seems a bit generous to me.
Is there any reason to list the price on NASDAQ at anything other than the $4 minimum? I thought I read that once listed, you just have to be above $1 to remain listed? I’m thinking he goes for the $4 minimum to give as much running room as possible? Does that match up with the thoughts of others?
Simultaneous Uplist/RS
I found an interesting post on iHub regarding this very topic. It seems like there is precedent for the Uplist/RS to happen simultaneously. See below:
"Striker7 Monday, 07/23/18 01:13:09 PM
Re: jefra1965 post# 15089 0
Post #
15105
of 59996
Reverse Split & virtually simultaneous uplist to NASDAQ Capital MKts.
Been there done that: )
Not a rookie Jefra1965. Know my stuff.
The NASDAQ app was the last step to a process of discussions that have been taking place. They met with NASDAQ many months ago...then recently. The only hurdle to uplisting is $4. NEVER have I seen a company turn in an app and get turned down. Why? Because you have had the discussions/ answered the questions and know what the deal is before submission."
Truth,
In a few of your posts from a couple months back, you seemed to imply that perhaps a RS was not going to happen? Do you feel this way still or have I misinterpreted your words?
Is there a scenario or multiple scenarios that are plausible to allow the RS and uplist by Thanksgiving, while having the stock price actually rise significantly and not lose substantial value?
That wasn't a very nice post.
I really like how we are now fighting about 40 tons instead of a few kilograms. Look how far we’ve come.
Reminds me of the Simpsons episode with space dust on the book title:
How to cook humans
How to cook for humans
How to cook forty humans
How to cook for forty humans
How to make forty tons of silk!
ALSO, check out Kraig Labs Facebook post comments for PICTURES!
Ok I re-read the PR a couple times and I interpret it this way:
1) The first batch of worms are growing.
2) This first round of worm production will be done within 3 weeks.
3) All moths that are taken from this cycle will expand the population or eggs .I think Jon was trying to brag about 100x increase in egg production, but it became difficult to interpret his message.
4) I think that this first round will be for moths AS WELL AS silk. Nowhere does it say that all worms will be allowed to grow into moths.
5) I believe they will have a batch of silk sometime in November. The batch size is anyone's guess, but hopefully in the + 200 kg range.
Summary: The November production batch is two-fold: increase number of eggs and produce silk.
Any takers?
If this first November batch indeed is silkworms/eggs, then when does that put the first production batch of silk/fabric? December, or more like January/February? Any thoughts? I asked Ben, but I don't anticipate much clarification because he hasn't been forthcoming with much detail lately. So far there has been no reason to believe that we will miss Jon's Q3/Q4 estimate of the first production batch, but we are getting closer to the end. Thanks.
Thanks. That did help. Hahahahahaha
I was at the shareholder meeting and felt good about everything. It doesn’t feel so good to have relative silence for months afterward.
Does anyone know anything that is happening??!!??!! On the board? In Vietnam? In the Lab? Anything? I just need any little nugget for my own comfort but I am unable to find anything. Frustrated! Playing the waiting game I guess...
What does Y got through to P mean?
Truth,
What is your take on the RS? Will it be necessary? Maybe there is a chance that we won't need it.
I agree that it implies we are uplisting by next month.
How is this even possible as we sit at 20 cents? When I asked Ben about the relative silence last week, he seemed to imply that the communications won’t really change a whole lot before the uplist.
My concern is just if they can RS and uplist in the same breath, it would be great.
This is a very interesting point that I think should be discussed. Perhaps that is one of the main reasons Kim elected to disclose this already, so he can do it at the right time and not have it hanging on everyone’s minds 10 days before it happens for shorts to take advantage of? I like it. Maybe now he can RS and uplist together boom.
Can you let me know roughly what time it is in the recording? I wanna hear!
Is that in the audio recording? I don’t remember him saying that