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Patience, when that day comes, it might just be more than ‘financially comfortable”. There are several owners of 2 million plus shares here and others with a 1-2 million. We might be able to push a dollar or more without getting realistic forecasted numbers for the next year or two. Even then you said we might trade at some ridiculous multiple of next years sales anyway... greater than 25x.
You were thinking a double barrel this month to get us to .75+. I would be completely shock if that happened. Last Wednesday was amazing! You know it is coming but it’s still pleasantly shocking when it happens.
With a whole new innovative product like this, you would think KT would be able leverage some royalties from their sales as well. :) I like the thought of that. There is another shoe to drop on any shorts ...
I agree, Banana! No need to curb your enthusiasm here! If Kim doesn’t sell out next year for $5B, I think he can hire a really experienced Fortune 500 CEO to take this company from $X billion to $XXX billion in 10-20 years. He can then be Chairman of the Board and semi-retired.
Agreed, Banana! It’s coming this quarter for sure! Great post!
Great post Col317!
My best reply is what I have said several times previously. This is THE Year and not another. Things we be a lot more clear 12/31/2019. Enjoy the ride! I think Mojo your thoughts will be different by 12/31 ... maybe not much for the CEO but a whole lot for what’s actually revealed about Kblb and mass production. The conversation will be completely different on that.
LOL! Almost rolling on the floor... too much.
Mojo, I really like hearing you argue. I think you should have been attorney if you aren’t... perhaps your next calling / vocation. :) ... But, you are litigating with a bias against the CEO that won’t allow him to succeed unless fully mass producing with a share price over at least a $1. Even then he will have ‘stumbled in to it’. I don’t think you will ever fully appreciate him even after he has made you rich. And, you are probably not invested as much as you should be as this bias clouds your judgment and what you are willing to risk if you trusted him more. In time, you may regret this ... but most likely it will be something like “that incompetent CEO did enough to make me money. Guess I got lucky.”
Truth is:
He is a genius literally and his genius got us here and will take this stock to a place it has never been as the company moves into mass production. He isn’t a very good orator. His lack of communication in PRs though are probably due to taking a cautious approach and possibly due to some NDAs known and unknown. He made some very good hiring decisions and he is a good delegator to people that are good at what they do. That is an important quality for CEO. But, if he doesn’t take a buyout it’s my opinion that he will eventually move to Chairman of the Board and make a great hire of a CEO that can take the company from $X to $XXX Billion market cap.
EOD
Hi Peach, I am just going off this pattern that seems to be developing... actually if it holds there would no PRs in May but two June... but I don’t expect this pattern to hold perfectly.. the double barrel approach is what I expect to hold.
Two business days apart:
University of Notre Dame increases equity position in Kraig Biocraft LaboratoriesMarch 13, 2019
Kraig Biocraft Laboratories Closes Financing DealMarch 11, 2019
Two business days apart:
Kraig Biocraft Laboratories’ Spider Silk Technology Successfully Delivered to VietnamJanuary 7, 2019
Kraig Biocraft Laboratories completes Final Facilities Review for First Batch of Recombinant Spider Silk Production in VietnamJanuary 3, 2019
Yes. The next PR should be very interesting indeed! JMO but I think there will be another PR this week and probably another double barrel next month. I don’t think anyone will be foolish enough to do more than a day trade short off a spike if that is even going on at all ... seems to be a lot of dispute about the idea of shorting.
I kinda doubt that. Although if true to some extent, then, I would say that it serves them right. ... I would think the news itself worthy of the move and then some. I think there were plenty of people associated with Polartec and regulars here to this board and a lot of new players / day traders / short term traders and some potential new Long Termers all throwing their hats into the ring at the same time.
I had not researched it. But, look like bi-partisan as Clinton signed into law a Rep’s idea. The way Washington is supposed to run.
The Roth IRA was established by the Taxpayer Relief Act of 1997 (Public Law 105-34) and named for its chief legislative sponsor, Senator William Roth of Delaware.
Beast, you know it! Love that Roth IRA. We need to thank the creator of that! Have about half in it. Not all. At any rate, I will undoubtably have some outside at higher levels. So, that would mean Uncle Sam would get a sizable donation this year.
But it is possible that I might hold those and try to manage the downside risk with options... that would assume an up list and options offered... which if it flew like that in 3 months may not have happened yet. So selling would be the option.
“PS - Understand that it is the traders and shorters who prevent or slow KBLB down from moving higher. Just look at what happened on Thursday.”
I disagree with this. Traders are not preventing anything. Traders are actually providing the price action that causes the share price to move at all. If there were no traders, the share price would not move. So, you should be grateful for traders. Also, if shorters and traders weren’t suppressing the price at times, they would not be allowing you to buy on weakness. :)
I think you understand this but a reminder doesn’t hurt. The price moves up because the buyers are outnumbering the sellers in share volumes and taking the ask and vice versa. What I typically do with Kblb is sell just one tick below the ask. And, like Wednesday, my small number of shares didn’t nothing to stop the momentum of the move higher. I sold and it went higher and I sold again and it went still higher.
So, what brought the share price down Thursday? Profit taking as bigger seller came in and overwhelmed the buyers. What sellers? Well, some short term traders probably from the day before... but also like some longer termers like myself... (I didn’t sell Thursday though, I bought:)) ... but Pennies may have sold to pay off his mortgage. You wouldn’t begrudge him that would you? ;)
Yeah, Banana didn’t read my message clearly did he. He liked his own interpretation I guess... stuck on his buyout.
Banana, you misunderstood my post, I think. If $8 happens this summer, there is no need to wait for a buyout. We are selling and paying the tax man. We can look for a much bigger pull back and possibly reenter a little. It’s the $$s that actually spend. :)
Hi Banana. It’s the natural tendency after such a run up. These pull backs are natural consequence. I plan to take advantage of it. As I said I have way more shares than I ever desired... well until just recently. Now I regard KBLB’s shares are better than gold, bitcoin, cash, or any other stock. If I let a little go, it’s with the intention of taking advantage of human nature to book the profit after such run up in order get more shares. ... it is still very undervalued... however there is a value to high.... one of the contestants in Pennies contest predicted a run up this summer to $8 before a pull back to a more reasonable valuation of $.75-$1. Beware of the tulip crazy because even a buyout might not be as good especially if you are talking about it happening in summer 2020. My wife said if $8 happens that fast then we are selling all.
All the best!
Sorry. :-/ Just wanted to take one last shot getting his cost basis lower while increasing his share count with a little LT profit to boot.
Thanks, Esa. The theory of lower highs is done in then. High lows continue. 2013 high = .134 and 2019 high = .139
Lows
Oct 18: 3.5 cents
Mar 19: 4.5 cents
Apr 19 : 6.1 cents
And more to the previous post ... if you use the same amount of capital that you spent in 2011 for .11 and up while buying at .10 then you will have ALOT more shares going higher and at buy out. My point is that there is no reason to see the higher cost basis shares go against you again if you can replace them lower.
Just one sell trade to remove the higher ones. :)
Banana, I am sure your response on this board will be that you won’t do a single sell trade on KBLB. But, I would encourage you to sell off the 2nd spike in the $.20s if the news doesn’t seem to warrant a move higher. I will let know. We are getting to where the bag holder bodies have been buried since 2011. I have a little at .12 and my first 10k purchase at $.15. I want to really encourage you to just make one sell trade ... sell in the .20s for just those lots selections over .11 and I am very confident you will see the teens again. Start buying back in the teens lower than your previous cost basis. You will end up with some small LT profits (nice tax benefits) and be repositioned with a lower cost basis.
You will thank me for that later as I am sure there won’t be a buyout for at least year so that all those shares will turn LT taxable as well.
Please do it! You will thank me. I know it.
Or better still! ... since you are the confident Long ... find the capital now to replace those shares at .10 ... buy the same amount of shares that you have at the higher cost basis here at .10 and sell those higher ones in the .20s.
Quite plausible. Also, Zenaku said Ben told him offhandedly that it was Prodigy employees managing things in the VSRC facility. So, if that is the case, they can manage and grow in safe protected environment and know what’s going on. If they aren’t already out or there wasn’t 100% certainty they were coming out, we wouldn’t have seen these last 3 PRs ... imo
Hi Gruber. See my post #151966. I don’t know this other penny. But, the time for playing penny slots is over with Kblb. Know the fundamentals. We are playing dime slots now. And soon it will be quarter slots and finally dollar slot. If you are going to play the cash out game, you darn sure better know where to sell at the peaks and more importantly you better know where to buy at the troughs... otherwise you will find yourself either chasing up, missing the back of the rocket ship and or paying too much at times and finding yourself in paper loss positions that are hard to view ... or actually taking losses and then hoping you can get back in better in 31 days or taking your lumps jumping back in to make up your wash sale loss. I’m not playing that game here.
Hi Dragon, I agree with some of what you are saying. I think my strategy is documented. 60% of my shares are LT and 40% are tradable. The reason that I haven’t sold more of the tradable is that I believe there is a second shoe to drop on you this time. You better be ready for the exact opening minute for the next PR and hope the ask isn’t set at over $.15 to begin with. It wasn’t on this last PR. So if you were ready, you could have gobbled up quite a mouth full of .065-08. The next leg is coming. I believe it is to .20-25. Col317 thinks .75 or higher. I will be measured but selling a little on what look like resistance points along the way. The problem with your approach is that it changes your mindset completely and you can also find yourself down a lot on paper at least which can play with your psyche. It also depends on how much cash you have to invest / trade and how much you believe in the short and long term of a stock. I believe in both short and long term of KBLB. It’s why, although trading and doing some repositioning and taking some profits along the way, I have been loading up. I would never sell KBLB for a loss and haven’t. So, having lower lot shares gives me some flexibility to sell at lower prices and still make a nice profit like in the .08s if we saw a break of .09. Another thing is that it is hard to unload a lot of shares except when volume is high and the momentum is up which is when you want to do it anyway. I think you should assess the fundamentals and how this news is a game changer for the share price. I think it is possible to see .085 again but not be able to pick up much in the .08s. Low .09s have good potential for a double bottom and then we are off to the races again. Once we reach the .20s, then I doubt we ever see anything below .10 again. ... we probably retrace into the teens ... maybe low teens. Top line sales numbers will start to set in and support the share price with 10x to 25x multiples given on next one or two years of sales. Consider what I am saying. It will help your trading / investing here. Believe whatever Yankee says. He is Golden. Nobody invests as much as he does on a penny without knowing what’s coming. Don’t care if he is already a multi millionaire. His money is speaking and his words on this board speak and what they say in more upside from here short and long term. All the best.
In my opinion, we will have another PR next week. And, if possible, it will be bigger than this last one. I’m not sure what it will be. But, we saw this same double barrel approach in Jan and Mar and the 2nd seemed more impactful than the first.
Yankee seems to be ‘in the know’. He says we will be able to deliver on mass production in Q3 this year. If production numbers are forecast for 2H in the next PR and bigger than anyone on here is imagining, wouldn’t that have the biggest impact on the share price... or possibly a large contract or purchase order to fill for a large single commercial supplier through our new partnership arrangement?
Hey, Mojo. What do you know about the Texas, Indiana, and Michigan operations? Do we know how many hectares of mulberry trees that we have in the US? I understand that Texas is close to an Army command location for the technological innovation in these areas.
What was the 2013 high?
Col317, how you feeling about your 4/30 prediction? ... this one didn’t seem to take us as far as I would think a similar 2nd great news PR would.... seem to me my test of the all time high with pull back to the teens would be more likely...
Hi Mojo, you can bring facts to my attention. Thanks. It’s your speculation on the facts that I often contend with. But, even that keeps things interesting here. :) Thanks.
Here are the hectares.
In the immediate future, the pilot will be 3ha, expected next spring will plant another 20ha, aiming to recover 150ha in two years.
https://www.investorvillage.com/smbd.asp?mb=14437&mn=5067&pt=msg&mid=18540323
sickzone Friday, 03/01/19 01:24:20 AM
Re: Zenaku post# 149593 0
Post # of 151945
Currently, there are 5 hectares of mulberry cultivation in Dien Quang to serve the development of new hybrid silkworms. Jon Rice said Bombyx Mori silkworms were approved by the US Department of Agriculture's Inspection Bureau. And now, they are waiting for the results of verification from the Ministry of Science and Technology, Ministry of Agriculture and Rural Development of Vietnam to be directly imported into Vietnam.
http://baoquangnam.vn/kinh-te/thuong-mai-dich-vu/201807/co-hoi-moi-cho-dau-tam-802686/
Thanks, Patience2.
This what I was trying to get to as well. I’m curious why you think 25x sales? I used 10x to be conservative. Of course, I would think next years sales estimates to do the calc or 1st year of full production.
Sick, thanks for this info. I queried the board to get info. Silkroad gave me some numbers. So, I made my calculations. But, no corrected me on the tons / ha being not being silk, which I was obviously trying to get to. As for hectares, I pulled them from articles and / or PRs that I found on Vietnam. I’m sure I can locate them again.
Hi Patience2,
Thanks for the feedback. I will prediction for you from here... if you have that full year left ... ie 9 of 10 in the past. Revised estimate.... 200,000 shares will make you a millionaire between now and end of 2020. ... maybe 10.49 years rounding down. By the way, I have been a shareholder since 2011.
All the best to you!
KBLB’s Fight Song
KT singing:
Like a small company
On the OTC
Sending big waves
Into motion
Like how a single word
Can make a heart open
I might only have one Army contract
But I can make an explosion
And all those things I didn't say
Wrecking balls inside my brain
I will scream them loud tonight
Can you hear my voice this time, mojo?
This is my fight song
Take back my life song
Prove I'm alright song
My power's turned on
Starting right now I'll be strong
I'll play my fight song
And I don't really care if nobody else believes (skeptics)
'Cause I've still got a lot of fight left in me
Losing time as I'm chasing dreams
But, nobody is worried about me
They say I’m in too deep
Say I'm in too deep (in too deep)
And it's been ten years, they say I missed my run
But there's a fire burning in my bones
Still believe
Yeah, I still believe
Like a small company
On the OTC
Sending big waves
Into motion
Like how a single word
Can make a heart open
I might only have one Army contract
But I can make an explosion
Looks like KT sent a message to you yesterday, Mojo! :)
Banana, I agree to a point. But, I am trading around my core. Yesterday, I sold 4% of my holdings at $.114 in the afternoon after having bought the same 4% in the morning at .079. What I sold were bag holder holdings with a higher cost basis in the .09s and at .10 exactly. Today I bought back 1% at .104. So, I am actually lowering my basis and increasing my share count by doing this. I have 50k more of bag holder holdings that will go around .20. I am buying ahead down here in anticipation of that. As I said, I intentionally bought 30% more shares than I ever intended to have in order to trade out of the bag holdings and get a better cost basis for the ride up from $.25 to $1. If things work out in my trading between .09 and $.25, I will will end up with more shares for the ride up. But, if not, I will have my initial investment out and all the shares that I could want for basically free (house’s money). :)
Mojo is right... 1000 tons ... unless we can get an exorbitant price premium on our spider silk versus regular silk.
Hi Patience2,
I did some conservative 1st year estimates below. I used 10x sales for market cap. It’s super conservative as it doesn’t include US production or the expansion happening right now in Vietnam. ... basically 30 tons / hectare off current silk production. So, that is low too. $70k / ton is a premium current silk. Worthy of it for much better quality and the new novelty aspect of it. In Vietnam alone, we are scaling to $5B in revenue. You can put a lower price to sales on that if you like.
hopeabides Thursday, 04/11/19 01:26:50 PM
Re: hopeabides post# 151443 0
Post # of 151809
They actually had 8 ha started last year and another 20 scheduled for this spring. So ... 8 to 28 ha
$70,000 / ton * 30 tons / ha * 10 to 20 ha = $21m to 42m sales rough estimates from previous post
Conservative:
$70,000 / ton * 30 tons / ha * 8 ha = $16.8m in 1st year of production ... if 10x sales then ... $168m market cap or $0.20 a share ... my two dimes!
Hey, Es1, my call is a retest of the all time high at $.264. We can pull back from the low .20s to low teens I think. If KT gives us a double barrel this week, the sky is the limit.
Dragon, I told you to be and stay ... long and strong.
Oh... the Fight Song?