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I dont see it crushing the pps. The RS is no suprise. It's pretty much factored in but it will still react if only because many people like us expect it to.
The reaction will be a direct result of ratio.
If it a 1:10 the pps could climb as people expect the 1:20 jump back in.
If its 1:40 some will sell out and wait.
That tells me that all the many people like us expecting to see a drop are all going to buy the instant the pps ticks back up.
If you want to play the RS you will have to buy as its dropping and not wait for a reversal sign.
The reversal will be swift and will probably recover fully in a few days following the RS
If Kim follows through on shareholder expectations and produces some silk or an actual sample product that dollar will come a week later
Correct me if I am wrong but doesnt "It will be the last step." Mean it WILL happen?
Or will he get to the last step and just stand there?
A 1:40 RS is a last resort.
Kim put it there because he might need it.
Not because it will never happen.
And this is nothing new. I said I wanted the Rs and correspond drop in price 2 days before the PR announcing it.
I expected a 1:20 and not the "someday if it comes" play with a 1:40 attached.
Kim was right to do it the way he did. We will need the 1:40 if the production is delayed.
I am not calling Kim a liar.
He said it was a last action. Which I assume means last resort.
Well if I say hes doing it I am saying Kim has no choice but to use his last resort.
Nukes are a last line of defense.
That doesnt mean they will never launch them
I have no wish for it to lower.
But the facts stand. The stock is not worth .20 short term since you could get it at .19 today.
It's also not worth .19 in the short term because it will lower more without news.
When news comes .20 will be cheap because it's worth more.
But that is not happening in the very short term.
Just because I call it like I see it and I see it in a down trend doesnt mean I want it lower.
It means I see it lower.
But now I cant help but wonder... when the chart signals the stock price lowering do you lie about what you see and only report it as an uptrend?
No stock only goes up. Saying it's going up doesnt mean you want to sell for higher but saying it's going down means I want to buy lower?
I could see that if I wasnt a very well known long. But I am. And even when I am holding shares and losing money if i see it going down i say so.
My integrity is worth more to me than a price per share
EDIT: to answer your question yes I am still holding all my shares under .05.
It was approx 15% of my holdings at .50 and is currently about 50% since I sold my over priced shares.
Exactly what I am doing. The pps can drop and my buys will just get larger.
The .30 is a justifiable pps in the mid term so it's worth waiting
How am I calling Kim a liar when the filing says right on it the RS could be as much as 1:40?
I realize kim will do the split as low as possible. I just personally think he was being conservative with the 1:40.
He should have just done a 1:100 and let the pps take the one time hit while it was at the high.
The deed would be done and recovered from it already with a good PPS and very low float.
I dont blame him for trying to ease the RS on shareholders but sometimes it's best to just rip off the band aid.
But hes no liar if he does a 1:40.
That would be like not making a car payment and being shocked when they repossess because the sales guy told you they never repossess cars.
It's right there in black and white on a legal document.
It's no loe
I see no way for Kim to get what I call real financing while having a pps in the .20 area and threatening to move down.
As far as I am concerned financing is what is needed next.
He needs a pps higher and SS lower.
Unless hes going to give away his shares a RS is the only way to get a little security for his financiers.
So he needs the RS for both financing and uplist.
The uplist will require a pps and the RS will drop the pps.
financiers wont want to do anything till the pps stablizes and wont want in before the RS takes effect.
If the RS is done at 1:20 the pps is not high enough today.
The announcement will drop the pps 10-50%
If it drops it a lot the 40:1 will barely carry us to the nasdaq.
Kim will likely just drop the RS on our heads followed by a PR to help recover.
The PPS could easily hit .10 if he did that this week.
I would be buying a lot at that point. (No matter what the pps I will be buying at that point)
So I personally see the RS as the next news.
Followed rapidly by a financing PR and a production update to help the pps.
I dont think we differ much Truth. I just think the time line in question is the variance.
The stock is not worth .20 in the very short term.
But in the long term it's worth a few bucks
"Worth" is in the eyes of the beholder.
You only lose potential money if you sell for less than they are "worth".
If you could see the future and know the worth that would be losing money.
Fact is nobody knows what the shares are worth.
When I first started trading I didnt invest in a book store @ $87 because there was "no way it's worth that"
Recently bought the same Amazon stock @ $1500
It was worth far more but I couldnt see it
Personally been waiting for.18 but it's taken too long to drop.
IMO that means people were willing to wait but now are tired of it.
Unfortunately that tells me .18 wont hold.
The market is in the beginning stages of overselling. Silence will make it faster.
I pulled my .18 and will watch to see if .14 will hold.
Without news the pps will bleed down.
If Kim really plans on attempting an uplist the RS announcement should be coming any day and it will likely be the 40:1 because of the reaction to a RS
If that happens in the downtrend the pps will break down to .12 or so before recovering.
JMO
Good news gaps this back to .23. But that gap will be hard to enter on. The pps will gap to .23 and climb to 30 within an hour
That is simply because when in the doldrums people buy and sell at the bid.
Only in strong uptrend do people buy and sell at the ask.
"Sells out numbering buys" cant happen.
If you sell at the bid someone buys at the bid.
Bid vs ask is simply a trend indicator showing excitement
Personally think it's a good plan.
Give the country the MS worms with a cut of the income from all silk in the country.
Use that money to expand and produce DS for the tech industry.
We wont be in competition with VN if we sell a different strain for a different use
Cant transition from something to something larger if you are not something to begin with.
June PR
No he wont.
He could have 100 billion shares and still doesnt have 100% of anything
He has voting control.
Not a big deal for a company in this position.
The shares will also be split or removed eventually depending on what the BOD and financiers decide.
If I remember right it was never announced and only hoped for in 2013.
And unless you know of a strain change to DS the silk that was ready for scale and sale is the same DS that is currently getting scaled for sale.
Apparently this was quite solid when this was announced.
Yup too easy
There are only a few thing I would debate.
The 55% drop was not caused by the RS.
Part of it was but part of it was the overbuying that pushed this to a half a billion dollar market cap with none of the "traditional corporate performance metrics".
It would have dropped without the RS just not as far or as fast.
The thing you are not accounting for even though it is the topic is the 55% drop.
You say the 55% drop is caused by a RS.
That cant be true. Its caused by your perception of a RS.
Not yours personally but the people as a whole.
The people who trade penny stocks are different than bankers.
A banker asked for a loan could request a RS because they see a billion shares as too risky.
They would see a RS as a good thing.
The ONLY reason a RS is bad is because every other penny stock that did a RS diluted and screwed the shareholders.
So you expect that here.
It's understandable. But its "penny stock" and not the RS that has screwed you.
My point is the reaction to a RS is 100% psychological.
It's been beaten into us like PTSD.
but if you look past the PTSD and actually trust the company the 55% drop can be seen as having a different cause.
The stereotypical penny trader is the cause.
Why did it climb to 50 in the first place? Because of sales oR any real value?
It climbed due to potential value.
Its assumed in the mind of every trader.
I assume a buck you assume a penny and .50 is the outcome.
When you change the mind of the trader the assumption changes with it.
Each share can be seen as a trader. We have 850m traders broken into buyers sellers and holders.
It's very easy to sway a large crowd. The power of suggestion alone can do it. Sellers gain power and holders become sellers.
But if you have 40x less traders they become harder to sway.
You lose the mob mentality, or at least a large amount of it.
It's the wild swings of the OTC that people want here. You can hear it in opinions on this board.
But long term shareholders want a boring stock that gains 10% a year for a century.
We lose the shares we lose the mob shortly after. That is what causes the dip to buy on and sit back and be "bored" with year after year gains
It's up to Kim. A decent PR puts us back at 30.
Silence means more bleeding.
Tons of shares bought at .25
How low does it need to go to make people skitish enough to take a loss?
If the MMs can see potential to get it to .18 it may break down and close the .11 gap.
I dont think they have the time but its going to continue dropping without news. The lower the volume the more likely we are to get a sudden shift down to encourage trading.
I think he has news. But I will wait for the bottom to show. I did not expect 20 to hold today. Might close green tomorrow
How many shareholders are there?
I have heard all kinds of numbers. Never less than 2000.
The shares do in fact trade. So there are thousands of people here and they trade every day unless you know of a zero volume day.
Do you think only 100 people make 100m volume in a week?
How many shares do you think is the average trade here?
I can make statistics say anything so sample math wont work.
I think saying thousands are trading this is quite accurate or at least reasonable
But this is where you are wrong and know it.
People like shares.
It's stupid but they do.
That is part of why the pps drops on a RS.
"You mean my million shares are only going to be 25000? THAT SUCKS!!"
They need to be reminded their .20 shares are going to be worth $8.
This also applies to buying and selling as you know.
This is why you hear things like "someone dumped a million shares look out below"
They dont say $200k got dumped.
When the pps drops a few cents on 25k shares nobody will say the dumped $200k
And saying look out below to a 25k sell wont get a knee jerk reaction.
The price will be stable.
I will use the psychology of numbers to collect thousands of dollars with millions of shares that are losing no value.
All I have to do is some basic math and ignore the doom and gloom over a RS.
I am all for people misunderstanding though.
That how I make money
It wont "look like" there are less shares. there WILL BE less shares.
the shares will be 40x what they are worth.
I personally cant wait till the RS. It will take away most of the complainers.
There will be less than 10m shares in the float. That will keep the penny players out of the game. Any move it makes will be very fast. the idea of daily flipping by thousands of people will vanish and the pps will move more stably.
In the end it will take far more money to create a panic sell or buy situation so they will be much less common.
A patent filing isnt worth anything.
The patent itself would be very valuable. But the application is not IP.
It is an application to recieve IP.
The filing itself is meaningless.
I could copy and paste their patent application and it would be accepted and reviewed. When/if a patent was granted they would null any other application dated later.
A patent application is only protection if the patent is granted.
With past rejections the application has no monetary value yet.
Not so much a question as a request I would like to hear the responce to.
I would like to hear Kim tell us why he leaves out "base information".
IE the doubling of a doubling without the base number that is doubled.
I would like to know his reason for only giving partial information to shareholders leaving them confused instead of informed
What IP?
Could you give us an example of IP that belongs to KBLB that could be valued at 700m?
I am all for the company but not people complaining and blaming Kim because a bunch of penny flippers got wrapped up in the momentum and overbought a stock based on a PR
The pps is right about where it belongs.
Maybe a bit lower (16-18)
But it's up because the market is forward looking.
That's why a RS in the future can lower a pps today.
The RS is now factored in.
The market expects production.
If it doesnt happen the pps will fall again as the expected time period passes.
Kim will eventually announce the RS.
When he does the pps will drop again unless it's a 1:10.
If it is a 1:10 the market will be suprise and the RS will make the pps climb.
The value of kblb is percieved value and not value based on IP
If it was based on IP the pps would be much lower.
It's based strictly on potential sales in the near future
or you can say we lost 500% and that is very good also??...
No mojo that is not how math works.
That would be 50% not 500%.
The price cant lose more than 100%
That is not our value at all.
We are not BT.
They use a vastly different process that costs a fortune in materials and equipment and to top it off is private and so sets it's own value through stories.
We have something better than BT.
But our company is not worth even close to its market cap.
They have no product, no sample, no assets, no major financial backing,
We are not worth today's price. YET.
The market is forward looking.
The assume the market cap will eventually be correct.
But this company has nothing of value to sell YET.
Give it a few weeks that may change but the company was seriously overbought at .50
Not a very strong arguement from you mojo.
The PPS was way overblown at .50
We both know the company was not worth half a billion dollars.
It may have dropped 60% but it isnt because Kim opened his mouth. It's because the people here overreacted.
Kim opened his mouth and the pps went up 900%
Because people overreact
The company is up about 400% even with the RS announcement.
That's very good.
If someone got caught up in the excitement and bought at .50 that is their fault and not kims.
I get it. Traders are not happy when a pps falls at all. But long investors are very happy even with the correction.
I dont see where you get your numbers.
A link would be far better than a discription of how to find it
But this company made polypropylene nets.
I assume they made 80 tons a month of netting based on your post.
We dont make polypropylene.
80 tons of plastic net is very easy to produce.
It's nothing like making silk.
It's also far more dense
So I cant help but say just because a factory makes a ton of bricks a day doesnt mean they can make a ton of paper a day.
VN only produces 450 tons of silk a year in the entire nation.
You really think they can produce 2 times that in one factory
Dont quite see how anyone can say that. A gap doesnt close because the ops was there 10 days earlier.
The pps jumped from a .118 high to a .121 low the following day. It has not ever dropped below .12 since that time.
That is an open gap. At the time it was fairly meaningful with it being about a 3% gap.
Today it's quite week at just over 1% and basically powerless at the .50 place.
But it is definitely a gap and open.
I give it a 25% chance of closing at this point
Where are you getting this buy out idea?
Kim isnt selling and nobody is buying until the company has something worth buying.
The only thing Kim would have that is worth buying is an income.
Until he has one nobody will pay $400-800m for this company.
If he sells before he has an income he wasted decades for a fraction of worth.
He would be lucky to sell the company for over .15 a share right now but could get $5 a share following its first delivery
Hope I will answer this.
If they are sending out samples before sending them the receiver will sign a nondisclosure to protect KBLB.
The problem is a NDA cuts both ways.
We already know they are/were giving out samples.
To state this would lead to this board being filled with comments of fluff and repeating past PRs.
It wouldnt be wrong.
People would buy or sell no matter what.
So that statement isnt really any sort of "help".
As for the building photos it's pretty simple.
You are basing a book by its cover by use of the word "dilapidated".
Should kim come out and clarify that the outside of the building doesnt look like that and lie?
Or should you consider a metal building exposed to a tropical environment will cause oxidation of the surface?
Do you think Kim went inside and saw a dilapitaded building and decided his decades of work should end in a condemned building?
You are judging the entire story on the external view of a building.
The facts are if anyone decided to sell because of those photos or are upset because they bought before the drop it's only the guy in the mirror that "mugged" them.
Kim doesnt need to come out and publically state that external photos do not show inside conditions.
We were told that they renovated the building.
If you think that is a lie because of those photos you should sell because you shouldnt invest in a company you dont trust.
All I know is we have a production location that everyone on the inside seems to think is perfect.
I will defer to them since I cant see inside.
There is also something to be said for presentation.
Multiple photos of garbage on a lot that isnt our building isnt the best presentation.
I appreciate any photos or info we get but its is not the only information.
It needs to be added to all the other info and be evaluated accordingly.
With all the info we have we should all be well aware that Kim is not leasing a dilapidated building. No matter what the outside looks like or how much garbage is in a field nearby
Not at all but if people are expecting any sort of investment it's a waste of money.
I would love to see this get a P&D to play but it will never be a real company
Fact is almost any farming community has buildings like this. People are putting western city culture on an eastern farming culture.
People on farms do not expect public inspections for aesthetic condition.
In a city people expect the business to put up a false front for looks.
Nobody cares in a farming area.
And I am sure you can verify that even VN city culture doesnt put as much emphasis on the appearance of a building.
IMO it shows a FAR Larger building than I expected.
Kim should be able to produce quite a bit there before he needs to expand
Important thing is you dont guard a worthless empty building
You dont think the shorts have started yet?
Shorting is normally done at the top.
If I could short I would have done it at .50.
There is an awful lot of 5-7 digit trades going on. Only a MM can do that and its definatly being done to the down side.
I think shorting has been going on for 2 or 3 weeks and covering should begin soon
Gap closing is just one of many chart patterns that has a very strong pull.
A cup and handle is the same sort of thing. Nothing happens 100% of the time but if you play the odds I would say over 90% of gaps close.
This doesnt mean you can buy at the gap.
I am sure you have seen the unexplained trades that drop the pps by 80% for 1 trade. Those close gaps all the time.
I use gaps as pressure indicators.
The .11 gap adds pressure. Not much since it's a tiny percentage of a gap.
The .30 gap is stronger.
Both could fill in the same day.
Charting is all about psychology of the people in the market.
Charters like me know gaps close and can cause the self fulfilling prophecy.
I just use that to my advantage.
My .115 but has been in line for weeks. If it closes I am a good candidate to be first in line if the gap does close.
I didnt see anything wrong with the pictures. I have worked in many places that looked like that and pumped out the profits.
I do believe the building will be the production center which is not yet able to be engaged because we are still in the growing worms and collecting cocoons stage.
We will find out in the next 4 or 5 days
Not much but it depends on the ratio which depends on the pps at the time.
I still expect a 1:20 which I think is now included in the pps by the market.
If he has to up it to 40 the pps will drop after the split another 10-15%
If it drops to 1:10 the pps could actually climb since the market always expects the worst