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I think he is talking about himself personally. I would agree that I’d rather have $10-$20M vs $1-$2M. At this point I am willing to listen on either number but the former would be my preference. Can we reasonably expect to see $10-$20/share, if the business plan is fully executed? Feels like it should be a yes. Hoping to get there in the next 5ish years.
GLTA
W2R
Did somebody say spider silk would stop terrorism? That is will somehow stop deranged thinking and actions?
Creating lighter weight, more flexible and just as effective, if not more so, against enemy fire would be welcomed by pretty much any military force, terrorists or otherwise. Better to have than not, no matter the theatre of combat.
IMHO
GLTA
W2R
I have been around for ten years but have not yet succeeded in acquiring the millions of shares so many here seemingly have. Would gladly accept $5/share though I think, for me, retirement will likely take closer to $8/share. If $5 will be here in 2 years I’d be willing to wait another couple, get it to $8-$10/share and sail off into the fishing every day sunset!
GLTA
W2R
We have been told Warwick is still very much involved today. Not through PR or direct confirmation that i recall but whispers on this board.
Your healthy skepticism, as always, is noted but at this point I’m not ready to conclude Warwick kicked us to the curb, locked the door and never let us back in.
We shall see..
W2R
Another million?? Congrats Z!
Thank you for your service SUNYN!
Hi Paul,
Thanks for trying to help keep us informed. You mention Polartec being sold for scrap. What info do you have to indicate their widely distributed products and extensive relationships are on the verge of ruin? Something beyond a past bankruptcy I hope.
I know you are just trying to keep it real and I appreciate that.
Look forward to reviewing the links you provide to support your assertion.
GLTA
W2R
Without digging through the history it feels like Tuesday’s have been the most popular and at least an hour or two earlier. I’m ready to see some trends broken here!
Kim broke his pattern last week and gave us a PR at 9 AM Eastern on Wednesday. Could there still be news coming this week? Would be nice to keep the information flowing and momentum growing. We have some lofty share price targets we need to hit before month’s end!
GLTA
W2R
“Vietnam gives us the all clear to produce at prodigy”. Meaning confirmation we are out of quarantine or beyond that, that production has begun?
I know some here have stated we are out of quarantine and have been for some time. I have not seen the company confirm this. With all due respect to our knowledgeable posters here, I think the investing public at large would like to hear it directly from the company. Independent confirmation from the government would work too. Out of quarantine, building refurbishing completed and production underway. Then come contracts and a hopefully significant rise in share price.
A few steps to complete but it feels close. Hard to figure out why Polartec would have spent three years working with us, then PR’d the relationship, if they didn’t think we could deliver.
Hopefully more questions are answered “soon”..
GLTA
W2R
Thanks for more unbiased truth seeking Slinger!
GLTA
W2R
No offense to any of the other predictions but I'm pulling for Col..
Many of us have already spent a long time waiting on this spec play to pay off. Many have claimed success is just around the corner for years. Yet here we sit. I would hate to think that, as of today, we are still looking at a long term potential payoff. With all of the rumors currently flying, shouldn’t our expectations be for a shorter timeline now? If we are really out of quarantine and well into mass production, how far away could contracts be?
My bigger question is, why isn’t the company commenting on any of this? Why are they choosing to keep their investors in the dark? I know we are well past the “better communications” promise from the company but it sure seems like something should be worth sharing at this point, if any of the rumors are true.
We will get as little as possible, I know that. At some point he will be forced to share information that could push the share price higher, IF the rumors are true.
Why he seemingly has an unending desire to keep his investors from sharing in any success is mind boggling to me but it is what it is.
GLTA
We have been told endlessly that, as soon as we can prove quality consistent mass production, the contracts will start lining up, if they aren’t right now just waiting on confirmation. This is not a new or recent pursuit. I think it’s a little disingenuous to argue “what ifs” around some sort of golden cocoon. I think it’s pretty well established that we are all waiting on confirmation of mass production and the ability to do so in quality consistent quantities.
Sounds like some feel that is mere moments away due to rumors saying we are out of quarantine and presumably well on our way to “ramping up”. Still looking forward to Col being proven correct about his $0.75 share price targe by the end of April.
I’m not here to slam and argue. I am looking for facts to support the rumors, confirmation of successes and a corresponding rise in the share price.
GLTA
The problem is, we’ve been working towards the goal of mass production of consistent quality product for a decade. What tells us that we are now close to realizing that objective? We have heard, for years, that this could “pop” at any moment and only a fool would try to time this stock, risking missing out. How risky has that ended up being? I would love to believe, because we are in Vietnam, that we must be “close”. That “soon” all will be revealed. The problem is, we have no confirmation that this is the case. Are we even out of quarantine yet? If so, then what, and for how long, before we are free to produce? Is the production facility ready? “Ramping up” and “preparing for production” are not the same as being ready. Why isn’t the Army ready to extend the contract? Have they completed their testing, or are they still waiting for samples? What is happening in Texas these days?
There are many many reasons to feel the future could be very bright but we do not KNOW it will be, nor dO we know when. Until Kim starts sharing info and drops this veil of secrecy, we will be left to wonder, speculate, hypothesize, etc.
Hopefully he starts sharing tangible information “soon”.
GLTA
Thanks. Good to know.
Col, do you still feel good about your $0.75 by the end of April prediction?
So why leave the money here? Seems like a curious decision if you know you will make more money elsewhere.
That would put a serious crimp in seeing a significant share price rise this month, if the pattern continues.
One week left to impact April with numerous lofty expectations floating around...
GLTA
W2R
Thanks Hope. I certainly “hope” 2020 is when I head into full time vacation mode..
This is not really a question of whether I have been able to profit thus far. I don’t think any of the numerous statements of “prepare for take off” were intended to result in a share price to $0.07 after ten years. Let’s be honest. I would not call that a runaway train you’ll never catch. Are we right where you would expect, based on what some have posted over the years?
I’m a reasonable person. I try to filter the good and the bad, those looking to pat themselves on the back on either side of the ledger. This is not a question of being blind, ignoring the facts and predicting gloom and doom, etc. I’m not willing to assume the best or worst. I would like to hear directly about what is happening. The rest is speculation, some with more facts than others. I’m not willing to go blind faith on a penny stock investment because I believe in the company. Lots of great ideas and brilliant men and women have fallen short of their goals, of achieving success at the level they or others expected. Facts will make me feel a whole lot better about where we are at.
Could we get news today, tomorrow, next week that makes the stock take off? Sure. Will some claim victory? Absolutely. I will be happy to have them point their virtual fingers in my face for lacking faith. I think we’ll all be fine with it ONCE IT HAPPENS!
GLTA
Saying something for ten years and then having it eventually come true should not feel like vindication, although I’m sure it will. Along with the items you’ve listed, you have also said FOR YEARS that we are ready to take off, get them while you still can, share price could explode at any moment, a little patience is all that is required, etc.
What is the definition of “a little” in terms of patience? Ten years is outside my normal definition. One year is outside of it. 6 months is probably pushing it. Responding with “there were unforeseen delays”, we are still moving forward, etc, does not change the fact that the meteoric rise predicted FOR YEARS has not happened.
I don’t doubt Yank or Col. they seem to have more info than most. That doesn’t mean I should feel calls of success should not be questioned or attempts to validate should not happen.
When it comes to my investment dollar, blind faith is not enough. Until the company says something and shows what you claim is secretly happening, neither will the investing public. Ultimately, we need the proof. It’s not a matter of “getting it”, it’s a matter of the company telling us so, of contracts being signed, of products being produced. I know, I know, I just need to be patient a little while longer.
GLTA
W2R
Putting something in caps doesn’t make it so. We all hope they are continuing to progress but I don’t believe the company has confirmed much of anything.
At this point I need more than an all caps message board statement to feel comfortable knowing mass production of quality consistent spider silk has already begun in Vietnam.
Outside of your undying confidence in the KBLB crew, do you have statements, links, facts to back those assertions?
I hope you are right, as I have hoped you would be right for years. I’ve come to the point where I am looking for more than hope.
GLTA
W2R
Col, I would love to know what info you seem to be sitting on. The publicly shared info to date from the company leaves more questions than answers at this point. Continually hearing we’re close, it will happen soon, etc gets hard to rally behind when we’ve all heard it for years.
At this point some real information will need to be released to get this share price moving. I don’t think rumors, innuendo and a few poster’s positive vibes will be enough. As always, hope I’m wrong and/or some real progress is shown/reported “soon”...
GLTA
“Soon”. Everyone knows that.
GLTA
W2R
Col I sure hope your price target is $0.75 and not $0.075 by the end of April.. And, obviously, would love to see you be right!
GLTA
W2R
Thanks SUNYN. I've never been very good at math but it feels like we are inside the 10 year window outlined in that language.
Must be some other dire reason for this action to have been taken.
GLTA
W2R
Curious how you have determined ND was on the verge of filing a lawsuit but relented and agreed to this swap? Could it be that KBLB approached ND with this proposal along with their long term vision, current state, etc and ND agreed to the proposal?
With what has been shared I see no reason why we must assume this only came about as a result of a pending lawsuit. ND obviously had the opportunity to offer Kraig an extension on debt payments, if the debt were coming due.
Good to be cautious but I'm not sure it's necessary to assume the worst. Everyone has their own interpretations of data points and those interpretations can vary widely, as seen almost daily on this board.
Hoping for more news on production, Phase II, etc, "soon".
GLTA
W2R
Sorry, one more. We have been expecting PRs and news for quite some time. There have been many reports/guesses made at this week or that week, etc. what makes you more confident that something will happen in the next 60 days?
Thanks again
W2R
Hi Yankee,
Thank you, as always, for your insights.
Forgive me but I thought confirmation of consistent quality had still not been given by the company. Did I miss that release?
In terms of Vietnam being the problem, it should have been anticipated that it would be easier said than done to get them to allow us to come in with GMOs and look to restructure their silk production. Anyone, let alone a country, would undoubtedly have concerns.
Do we have a fall back plan? I assume, based on the earlier reports of quality issues stemming from dried mulberry, that we don’t want to have to rely solely on TX for future production?
If Vietnam continues to slow play approvals, then what? Do we just have to wait or do we have alternatives in the works?
Thanks again for your continued contributions to this board. Hopefully we hear something “soon”.
GLTA
W2R