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Thank you for posting the info on Kim's selling. Maybe this will quell the speculation on at least that subject.
I already acknowledged the wrong name. I am glad to make a few people laugh at my expense. A little humor can't hurt from what I have read from all of the recent posts. I'll try to stay positive although we seem to be in a holding pattern. I would really like to know about Jon's location if anyone does have an idea. Haven't heard much. Thanks in advance.
I shouldn't post until I have had my first cup of coffee. I must be hungry, Freudian slip. Jon, of course. Thanks for a good morning laugh.
Has anyone heard anything about Ben Rice? It has been a while since I have checked the board. Is he still in Vietnam?
It is great to see such positive news. I would hope that Polartec or someone of that level of importance in the textile world to be in the next announcement. That truly would be setting the course for success for the company, the shareholders and very importantly those in Vietnam who make this possible.
"That is a COMPLETELY FALSE STATEMENT.
What brought the price back up to .125 was a 100 share buy (for a grand total of $1.25) in the last minute of trading. Once again, another manipulation by a trader (or a group of traders) to try and keep the price from dropping too much. This happens on almost a daily basis and is not healthy for shareholders (since it is like building a house on sand). At some point, it might all come crumbling down."
Was it 10 shares @$.125 for $1.25 or 100 shares for $12.50? Two zeros in 100 shares so you move the decimal two places to the right. Which means a buy of $12.50.
Opinion or message???????????????
I doubt if Kim reads the Huffington Post. That bastion of unbiased hard hitting news.
So now we are making fun of how people look? Let's keep our comments to how Kim runs a business and not on physical appearances.
Why is the death rate so high? There is a financial incentive if a person with Medicare is diagnosed with Covid. $13,000 and up to $39,000 if a patient is put on a respirator. Plus other billables if Covid is involved. Hospitals have been told not to perform elective surgery so that beds could be available and also this would prevent social contact that would slow the spread of the virus. Hospitals are a business and with the flick of a pen and an executive order they lost a good part of their business. Some of the smaller hospitals in more rural areas of Michigan, where I live, are now looking at filing for bankruptcy. You have to make up the the money somehow. It is about survival-staying in business. I do not blame the hospitals. $13,000-$39,000 can help fill that gap. It also artificially boosts the death rate. This is just one of many reasons for questionable high numbers. With that said, where does treating hospitals fairly end and the politics begin.
Numbers in Washtenaw County (Ann Arbor) have been declining as percentage of total cases in Michigan. About 2-3 weeks ago it was just over 4 percent of the state population. Now it is just under 2.9 percent. It has slowly been going down. The tri-county area (Detroit) which does not include Washtenaw is starting to slow. Things are looking good and the Governor is being pressured into talking about opening up the state's economy. The makeshift hospitals created for overflow now appear to be over-build. Better safe than sorry I guess. I would assume the webcast is a go.
Exactly, follow the money.
John Hopkins confirms 1,897,373 cases and 118,304 deaths. That equals 6.2 percent (death rate). Normal estimates for a traditional disease (flu, malaria, etc) usually includes a factor of at least two (2). In any estimate of people that may have any disease, there are people who were asymptomatic, didn't seek medical treatment (toughed it out), etc. A factor of two would give a number of 5,692,119. A factor of 1 doubles it, a factor of 2 triples the number. In that case the death rate is just over 2 percent. As of now the death rate is 2-6 percent. Let's see where this ends up instead of throwing numbers around like they are gospel.
The shutdown is greatly exaggerated. I am adjacent to the epicenter and in my Michigan town just about every business is open to some extent. Restaurants are filling take out orders, car dealership service departments are open. Town hardware store is open to the public. I needed a part for my tractor. I went to the store and the door was locked but the lights were on. I walked away and an employee opened the door and told me to call from my car. I gave him the part numbers, my credit card number and waited in my car. Ten minutes later I received a call, was told to stay in my car and the employee put the parts on the hood of my car. If my local tractor dealership can service their customers, Kim will find a way to service his investors. Every business is performing. The webcast I am sure will go on. I am sure this is happening all over the country.
Just to put a damper on the doom and gloomers that constantly post misleading statistics about Michigan. I live adjacent to the epicenter and we are dealing with it. The outbreak in Michigan is not in Washtenaw County where Ann Arbor is located. The county population is 369,208. 369,208 divided into 539 cases in the county is .0015 of 1 percent of the population (1/1500). A tiny amount. All cases I am sure are not in Ann Arbor. Figures don't lie.
In answer to a boiler plate post that is just the same doom and gloom with updated Michigan virus cases and deaths, let's put this into perspective.
Using the doomsday boiler plate numbers of 17,221 Michigan cases as of 4/6.
Washtenaw County where Ann Arbor is located: 539 cases as of 4/6
Percentage of Mich cases in Washtenaw County: 17,221 divided into 539 equals 3.1 percent. A small number of the state population and down from 3.8 percent from my last post. Down from 4 percent from my first post.
3 counties have the majority of the cases-80 percent(13,809).
Things are getting slightly better in the Ann Arbor area. No doom and gloom from what I can see.
Agreed we won't know the number for a while. Right now it is way to high but there are dubious and partisan reasons for that.
You are absolutely correct and posting such numbers creates interest which translates into eye balls and clicks then ratings go up. High ratings means you can charge more for advertising. It seems that is the norm in the media.
I googled it and I still get the 12k+ number that I based my comment on. You are probable correct finding a more up to date tally on the website. That would make the percent 3.8 in Washtenaw County, a slight uptick of 1/10th of a percent. Thanks for the information. I hope it starts to diminish.
If you go by Hopkins numbers and use worldwide recovery vs deaths (200k divided into 50K) this gives you a mortality rate of 25 percent. What I see from many other organizations as of now is a 3-4 percent death rate projection. Of course some project way higher or lower. If it were 25 percent every country not just the hot spots would be in chaos, which is not the case as of now. I was only using Michigan.gov's confirmed cases and confirmed deaths which in the long run will be the way the final number will come to be. How many people are there who just toughed it out and didn't go to the doctor. That is why confirmed cases in all of these pandemic final statistics is an estimate that ranges by as much a a factor of two. Death can be more easily counted unfortunately. Just trying to find a ray of hope and add perspective. I have always been an optimist by nature. That's why I bought KBLB. I am hunkered down here in Michigan in St. Clair county right next to the three county corona epicenter of Wayne, Oakland and Macomb. Just like Washtenaw County is adjacent to the epicenter. The mood is positive in both counties from what I am seeing, reading and hearing.
The city of Ann Arbor, Michigan is located in Washtenaw County. The cases as of today are 477 cases. There are 12,744 cases total in Michigan. That means that 3.7 percent of the cases are located in that county. Last time I listed numbers (a day or two ago) it was just a hair over 4 percent. Looks like the cases maybe leveling and going down. I am sure that everyone on this board hopes that is the case. Just trying to put things in perspective. These statistics come from the Michigan.gov website.
434 Coronavirus cases in Washtenaw County where Ann Arbor is located. That is 4% of all the cases in Michigan. I hope this puts things in perspective. Not a very substantial number. I don't think they are all in Ann Arbor.
As stated earlier Ann Arbor and Lansing are not in the counties where 85% of the Wuhan Flu is located. Your use of "likely" sounds like speculation. I live in Michigan and it is nowhere near what is being reported. The 24/7 news cycle must be fed to keep the viewers. Remember in the news business "if it bleeds it leads". Please stop speculating.
I understand that. I was referring to another post talking about KBLB offices in Michigan and the number of cases in our state and that we should all worry.
KBLB has offices in Lansing and Ann Arbor, Michigan. 85% of the cases of coronavirus are in Wayne, Oakland, and Macomb counties. Each adjacent to each other. Neither Lansing or Ann Arbor are in those counties. Wow, no worries.
The attempt by China to limit the news and shift blame to the U.S. military, along with the realization that U.S. companies rely too heavily on manufacturing in China is giving the U.S. (and the world) more incentive to look elsewhere. It is a given that China is our enemy and that they have global aspirations. They also steal our intellectual property. Trump visited India and was received with more than a gracious welcome. This may bode well for other countries in the area like Vietnam, which do not have such aspirations. This is starting to backfire on China. Let's see where this goes.
I agree, lets keep the political bickering on twitter-the new high tech digital bathroom wall. It doesn't belong here.
I'm hoping they recover as I am sure you do which will drastically lower that questionable number. Were these senior citizens, healthy people, etc. What are the demographics? Many websites rely on sensationalism to boost the clicks. It also plays into the hands of dubious people (not you) who want to profit from fear. The WHO is associated with the United Nations, better known as the United States International Welfare Program. They are looking for another handout not to lend a helping hand. I am not familiar with this website but it would be interesting to see who funds it. I look at the pasta bowl and I see it half full. This is somewhere between the common cold and the flu. But all the hype makes it appear to between AIDS and Ebola. Too bad for all of us.
Italy has 270 cases and 7 died. 7 divided by 270 is .0259 or under 3 percent. They did talk about an 80 year old man maybe that is where you get your number. This is Newsweek not Worldometers. Are they an offshoot of Legoworld???
https://www.newsweek.com/coronavirus-update-death-toll-rises-italy-who-could-declare-outbreak-pandemic-1488973
Italy does not have an 80% mortality rate, it is around 3%. I'm not even going to address the other inflated numbers. I can't imagine trying to post such disinformation. Everything is hyperbole.
I received the notice in my email this morning. Great surprise, first time. I responded:
Thank you for the email and information. Please continue to do this, a pleasant surprise to see this in my email box. We all wish you the best of luck. Frank
Ben Hansel responded immediately:
Hi Frank,
Thanks for the feedback and I expect that the Company's upcoming developments will allow it to resume with the more frequent communications.
Best regards,
Ben Hansel
720.288.8495
I am new to this board but have been following all of you for about a month now. I gained interest in KBLB about 3 1/2 years ago when I read an announcement in the local business letter-Crain's out of Detroit. I have known a few geniuses in my life and I consider myself a good judge of character. I have not met Kim but I have watched all of the videos and read as much about him possible. I have also considered both the pro and con about him on this board. Being a business owner since 1980 I have developed a sixth sense about people's character and I have almost never been wrong. This is a good, just and sincere person. I predict he will do what is fair and just for the people who have supported him and his dream for many, many years. I stayed with this stock because of it's revolutionary potential. There is really nothing like this on the OTC. I was hooked when KBLB received their first army contract. This is the right stock, at the right time and with the right CEO and the right U.S. President. This will protect our military which to me has always been very important.
I am no Warren Buffet but I have done better than I could have imagined for the last 45 years of trading because I listen to people that know more than I do and I am not ashamed to admit it. I bought most of my stock in the .05 range and added about a third recently (for a higher cost) because I think the company has finally arrived.
Thanks for all of your insight, research and knowledge, I feel even more confident now than before.