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This is either closing right near 17 or it's going to touch .17 and close at a hood nearer to 20
JMO
I think either a sample product will be announced or a delivery of a first batch to a vendor next
JMO but darwinism would only reject something bad for you and not what is different.
The worms would need to not be able to exit the cocoon to evolve a rejection.
Cant exit and die. Can exit because of weaker silk survives to breed.
The problem with your theory is the worms dont eat their way out. They produce an enzyme that disolves the protien.
Since the protein is still 90% silkworm the silk will still dissolve even if it couldnt dissolve the spider protien.
No issue to the worm so no evolution.
If anything I think the stronger silk is more protection and so it's likely to evolve stronger
Dont think we get .16 today or tomorrow.
At least one of the next 2 days will close slightly red.
But I can see the pps going to 16 by end of the week.
We need a little consolidation before the step up or a retrace can get ugly momentum.
I wouldnt mind a bit of overdone retrace though
Ah nope that was the one I was thinking of. Thought I guessed april.
Oh well no cheese for me LOL
Doesnt look like that gap will close today either. MM look like they are covering today's shorts at .1365
Maybe it will close without news tomorrow afternoon but something tells me we get 2 PRs this week
Well first off it isnt a pink and doesnt act like one.
Act as if it was a Nasdaq stock. What would you do?
The 100m cap is high but its forward looking. And if you look just slightly more forward a 1 billion market cap for the first company to market spidersilk is not excessive IMO.
Sales will be spotty for sure. They have a limited supply and large demand.
What is the company worth of they meet the demand?
I think they will earn a 1 billion market cap in 1-3 years but I drink the koolaid willingly and have for 10 years
We agree for once.
But the "plans to" thing is a nonissue to me. Every time Kim plans to add people he has very quickly.
He does need to search for them and it should take some time. I think he already has candidates.
What I would LOVE to see is a polartec executive sitting on our board.
Best thing about it is as board members increase the things we dont like about the dictatorship will come to an end.
When we have a real BoD Kim is going to have to surrender his voting shares.
Edit:
NOW would FINALLY be a good time for a CC
We will see. The gap will close but I may not get any since it may just do one of those 10k share trades below the bid to do it.
Either way I am very happy.
If it doesnt want to close the gap I will buy again higher.
That was a bit of a fast trip up. Had to take a few off the top at .158. Looking for a gap close reload at .115
Hey Dimes correct me if I am wrong but I won some cheese today didnt I?
I think my prediction was .14 by tomorrow
Looks like we make a 10% gap up thismorning.
And so let's see their reply.
You did get one didnt you?
I would think that if the contracting officer told one the contract was closed one would not be needing to attempt to interpret the 10k statement to say what they want it to say.
But that's just my opinion
this news is better than the polartec news in my opinion
Contract between KBLB and Army is OPEN and active.
I suggest you contact the contracting officer as a part of your "extensive DD"
LISA.J.YAMAKAWA.W91CRB@US.ARMY.MIL
Mention the freedom of information act and request a status update.
Let me know what you hear.
Maybe this could be the info you should look at prior to hooting...
Last Modified Date:01/23/2013 14:56:16
And yet what we just heard was all about the contract they have with a CUSTOMER who has given them an INCOME for their PRODUCT.
Isnt it hard claiming they have no customer while also trying to prove the customer we have is abandoning us by showing us contracts exactly like ours that have lasted decades?
Not quite sure how all that works in conjunction
And you dont think a company like Boeing or Vendor Name:DOUGLAS MCDONNELL HELICOPTER CO
Might have a contract that lasted decades?
Did they just have no end date? Or did the end date pass and yet decades later they still have an open and active contract?
Just terrible?
That's it? No explaination. Just random terror.
Been looking at the same terrible 10k for years yet the company keeps functioning and moving forward.
It keeps making profits for investors and keeps moving forward.
Guess a 10k with no real information in it is terrible. I see it as sensless.
Financials for a start up are always terrible.
I'm curious what the most terrible part is? Is it the "debt" the large AS, is it the warrants?
What part is the part you didnt expect to see in a company not yet making an income?
Should be fairly simple to prove instead of imply dont you think?
All the DD in the world will produce 2 conclusions
They requested an extension.
And
They still have an open contract.
That's it.
Can you show me anything that says something other that this?
Only temporary at worst. Doesnt make you wrong though lol
He would not have written requested AND RECEIVED if it wasnt recieved.
Would he put out a pr saying they recieved an extension a few months later?
I dont really know.
I understand the absence of the "recieved" making the assumption of "denied".
That is pretty logical but an assumption and not "extensive DD" dont you think?
I would totally agree with the assumption if there was something to support it. Like a closed contract or statement from the company saying the deal is done.
Until then there are far too many things that have happened that some "extensive DD" said would never happen.
Kim has proven the bears wrong more than once.
I will agree its closed when the contract listing says it is closed
I agree with most everything assumed. Except as you stated the contract is not closed.
A contract is either active or closed. If it isnt closed it's an active contract.
It is active for a reason.
That reason isnt because kblb left on bad terms as we are being told to believe.
Everything you stated is fact based on real DD.
IMO the contract is open still because they (like polartec)are more than willing to wait for the delivery.
Kim's request for extension until april is up if he could live up to the extension he will have something to deliver in the next few days
Since you are only discussing one thing at a time we will start with the 10k statement.
KBLB will never whip up a design. That is the work of other companies. We supply fiber. Not cloth not shirts. If you want cloth or shirts we know a guy but we dont do that.
So I dont know where you would have got that idea. Maybe the extensive DD isnt as reliable as anyone elses.
For instance,
This is one of those cases where I am hoping I am wrong but I still think that this cant be KBLB simply because it is too quick.
From my experience at least I have never seen the DoD work that fast from testing to deployment.
Only place I see a gap in that opinion is that is that our silk doesnt need to be bullet proof to make a combat shirt. It only has to be better that what they are using which is likely just cotton blend.
I could see them deciding stronger is better no matter what type of stopping power it has.
We will find out in the next couple months.
If is is KBLB fibers the stock will be in the dollars following the announcement. Bobs buy out could happen if that is the case
Facts come with proof, not repetition.
I am sure you do.
The more the better right?
Maybe you can explain the "plot"?
I am kinda lost with what you guys are seeing.
I mean its great confirmation of the value of our partner but I get the impression this is supposed to be a bad thing somehow?
Any help would be welcome.
not sure what fire sale you are speaking of. Are you talking about the shares that he sold above the market price?
I am not really sure what that would have to do with polartec.
We have been working with polartec for 3 years. How does an investor buying shares a month ago correlate with that?
Are you trying to imply that Versa informed Kim of a sale so he sold shares knowing that he was going to announce the polartec partnership?
I am really confused.
I think if they were going to do something like that they would have done in in 2016 when we first partnered with them and polartec was facing extremely hard times.
Since then they have recovered nicely. A pretty good profit for Versa if they can get the 200M for the company.
Could you clarify the conspiracy for me? Or are we just going to leave it open ended and hope imagination will do the work?
UP 1100% from its all time low
Up 350% from 52 week low
You forgot to mention..
And I would add that the vast majority of shares are being held between .04 and .06.
Those that listened to the wrong people sold.
Those who did not are up 100%-200% or more if they bought and held any time in the past 5 years. Although there are a few "bag holders" only holding 50%-75% gains. Too bad for them.
Looks to me like Banana wasnt so bananas to be buying on the dips for years.
I give you credit as well you didnt lose a dime in the last 5 years by not owning shares.
You are going to need a second spreadsheet if you are tacking bull predictions too LOL. My "Bull" prediction is we wont drop below 9 before we get news that drives us up.
In essence I am guessing we wont see .08x ever again unless Kim does a crash and burn.
Ok so now it ALL warrants.
How about ALL warrants plus ALL those warrants again. And then we will just issue another set for fun.
Then we can double that entire batch.
Then let's just dilute anothe 30 million for the hel of it.
Guess what?
You are still wrong since we are not at 1 billion yet.
Wrong again. There are only 2 warrants one for 14m and one for 7m shares 21m total.
Noterdame had 2m shares they got 4 million more hence the 18m increase in the OS
4m for ND 14m for financing.
You are trying too hard
Miniion I cant PM but there is pretty much nothing you can do unless the stock starts trading.
If it does you can recoup by trading but i dont see that happening.
Wish i could help
File complaints with the SEC and maybe someday there is a settlement with you included..
Its rare but it happens.
Sell some for the tax write off at end of the year
It isnt nonsense
Its just math
As of November 13, 2018, there were 816,883,910
As of March 29, 2019, the registrant had 835,733,840 shares of common stock issued and outstanding.
Difference...18,849,930
Shares that are restricted from the deal On March 9, 2019... 14,797,278
They have been issued and are accounted for in the OS
If you look in the 10 k you will see that while they state the current OS Kim always has in the filings) the OS reported for financial reasons is still 816,883,910. This is because the shares were issued in the 1st qtr and not last year.
If you mean the warrants You would be correct when issued they would be added to the OS. However the warrants are not for 175 million shares. Their being issued would not push the OS over 1 billion.
The restricted share that were issued are able to be sold the OS wont change. They are already accounted for in the OS.
I also highly doubt the person who bought them at above market price is dancing back and forth waiting to click the sell button the day they are eligible. So what is added to the OS doesnt matter if the person has no intent to sell.
Like the 25% that Kim owns. He sells a few here and there but hes not just selling them for atm reasons.
This is not the stocks you are use to in the OTC. That's really all there is to it.
Show me an OTC stock that has held a profit for long term investors for a decade.
How about one that hasnt done a reverse split in a decade and still has not doubled its OS in 12 years?
You cant expect this stock to act like the pump and dumps everyone plays
But they have established laws in the years since that statement was a topic.
That was the entire delay of getting there. They had no laws. Now they do and we are following them whatever they are
Pretty much agree with you.
Only thing is laws are written in black and white. The law says "quarantine for x days"
They may change the value of X if they feel they should buy the X is defined.
They could leave it open ended "until such time as deemed safe" but that would be very bad for businesses imo.
Either way it is written somewhere.
I would like to see it but my vietnamese DD skills are not up to the task.
I also agree it would take many months to convince them of safety.
It has been many months.
I am on the side that says Kim and Polartec wouldnt announce without the ability.
Kim might. But polartec wouldnt imo
JMO Short term low in the high 9s. If it takes a while for more info it could get back down to .085 but maybe 3 week or more of silence needed for that. I think we will hear something before then.
I am not counting on getting anything below .10 unless a downtrend begins.
.10-12 seems safe.
But my crystal ball got cracked by the PR.
Dont count on my guesses