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Feel good about getting out of this one at 3+ cents awhile ago. What the hell is happening here? What a mess.
Are you refuting parts of my post and then supporting other parts of it in different words and tone? I don't know how to respond. Maybe I'm not supposed to.
That's the kind of news I'm waiting for, and it's the kind of news that I was refering to when I said things, on some fronts, have kind of been dragged out. Commercialization news of any substance at all has been scarce to non-existant. It's been alluded to, and cloaked in this statement or that statement. I'm not being impatient when I'm just looking for news that I expected earlier than now, in plain words. Even a strategy, or a goal, or a target use, or a reason for lack thereof. Anything.
I understand the inherant timing issue of this endeavor. OK. Fine. But when we do get GEN1 finished and ready for market, what's the game plan? What are the expected target uses? We've speculated alot on this board what they might be, but KBLB hasn't said word 1 what the next step will be when GEN1 silk is ultimately marketable. If they have, maybe somebody can remind me.
Responding to the same post as I just responded to, the risk that you outlined is exactly what transpired 60-90 days after the Sept 2010 ND press conference. There was too much expected too fast from that announcement, and when events didn't transpire as expected, the stock price plummeted, and a chorus of naysayers got wind and have been sailing ever since. Not saying the Sept2010 PC shouldn't have been held, I'm saying that the expectations taken from it by the investment community turned out to do more damage as they didn't develope than the reward retained by KBLB. It was only a few months after that that KBLB was back down in the low teens, selling shares for financing at roughly today's prices. For the stock price to have any kind of retainable gains, we need to hear about revenues and commercialization. Lab news, by the investment community anyway, is becoming ho-hum. Even the major break throughs that our own ZincFingers feels will pump the price off the chart, in my opinion, won't do it. Whether it's investor ignorance, or something else altogether, investors haven't felt the need to buy in at all cost due to any scientific advancements. When they see markets open up to KBLB, then we'll see real long term investors with deeper pockets.
We had a press conferance in Sept 2010 at Notre Dame which pushed the share price up to 25+ cents, only to never be followed up with any news concerning revenues, and the stock price lost 75% of that all time high. I really wouldn't like to see that again, that's why I'd prefer to wait until there is commercialization news for another press conferance.
I haven't been proposing a PC at Notre Dame. You have me confused with somebody else.
I have to kind of agree with others on the board that it's not quite the time for that, but it will come. I really hope that when a press conference comes along, it will be addressing revenues. Much rather have that than another lab related PC.
And by the way. There are a few of you that have my old e-mail address. It was infiltrated a couple months ago, and I had to shut it down, and I lost all my contact info, and everything else for that matter. If any of you have been trying to e-mail me, I haven't been ignoring you, I just can't access that e-mail address any longer. Just give me a shout out, and if you want to e-mail me, we'll figure out a way to get addresses exchanged without going public.
Believe me, after everything I've just posted over the past hour, I'm not basing my investment on any of it. However, mindsets like the one I've detailed apply rampantly in the penny stock arena. It's a segment of the market where anything goes.
"We have to remember that while we are on the cutting edge it is still only string in the end. There are much more important things on ND and Fraser's list. Our silk worms and the blanks we create are a stepping stone for Fraser's production of human therapeutic gene products."
Will KBLB be a part of this? This could be construed to make my point that really KBLB's involvement isn't to be a profitable company, but to fund research that will lead to other things.
I really am going to let this go, because I don't want to come across as questioning Mr. Thompson's or Dr. Fraser's integrity. I REALLY DON'T. I just wish we'd start making some damn money and start retiring some of that 10,000,000,000 A/S.
Mike, I have appreciated your steady head since you've joined this forum. But just let me float this very devious and unsubstantiated scenario.
Let's just, for arguement sake, assume that there really isn't any commercial market for this stuff. Just for arguement sake. But there is tons of research value and somewhere down the line there are advancements that can be made with this research. In this scenario, the existence of KBLB funds ND's research, and Mr. Thompson is able to make hundreds of thousands, if not millions of dollars, a dime at a time for his involvement. Win-win for ND, Dr. Fraser, and Mr. Thompson.
Again, I probably shouldn't even be floating these kinds of things because they are absolutely unsubstantiated, and rather insulting concerning certain parties integrity.
I'm not expecting this to go to $20 overnight, but there are some aspects of this that are, in my mind, kind of being dragged out. There is always another step being taken in the lab, but no solid, measurable steps being made in the revenue arena that is visible to the naked eye. It's all hidey go seeky.
After all, research is Dr. Fraser's expertise, and small cap issues have been Mr. Thompson's for years.
Just to expand on my previous post....ask yourself, who would be more likely to come up with the idea to spin spider silk from a silk worm....somebody with Dr Fraser's background, or somebody with Mr. Thompson's background? Whom approached whom?
......and I have considered this many times. Is KBLB a spinoff of Notre Dame? Is the reason for KBLB's very existence to fund Notre Dame's research and be a vehicle to profit from that research, if there is indeed profit opportunity some time in the future? I've never said it, but months ago, I wondered if maybe this whole thing wasn't Dr. Fraser's brainchild, and not Kim Thompson's.
Tons of speculation here on my part. It was just a thought that occured to me months ago, and I never mentioned it as I have absolutely nothing to support it. But over the months, the funding of the research has definitely been at the forefront in relationship to the efforts to commercialize. I understand that without R&D, there is no product, but commercialization has really taken a backseat, it seems to me.
Is KBLB the vehicle being used to fund Notre Dame's research? Or is Notre Dame the vehicle being used to develope KBLB? Which one is the chicken, and which one is the egg?
I understand this is a very dangerous post.
It's a good thing Notre Dame has shares in this company and will benefit from sales that are generated from tech that they didn't develope as they are working on that very tech. Without those shares, they would have no motivation to work on anything that doesn't incorporate their own technology. This, in my opinion, was a good business move, for both KBLB and Notre Dame.
There was concern from one of our more negative posters that with the relationship with SIAL that the universities would be getting out of the developement of KBLB. This should alleviate that concern anyway. Gotta say, that even though I have great respect for this particular poster, we haven't heard his position on this particular developement.
It is very true that, on this board, we have both very positive and very negative posters, and neither seldom want to compromise their positions by accepting developements that might endanger those positions.
In my opinion, there are very few open minded, seeing the whole picture, posters in this forum.
There is incredible experience and connections within that business advisory board. Unfortunately, we haven't heard word 1 of any involvement by that business advisory board. Some have said their involvement will come later, others have said that they are nothing but window dressing. Again, these are the questions, that left unanswered, makes this company a 50/50 proposition at this time. Hey this thing could blow up. I've had many moments where I have felt very good about this investment, and I see where the potential could be. But potential and actuality are two different things.
I have the patience to sit and watch, and that's what I've done, and will continue to do until something definitive developes. I fully realize that there have been advancements in the scientific aspects of this venture, but the business advancements have not materialized at all in my opinion, and in some ways, the company doesn't seem to have those developements as an immediate priority, and that makes me wonder....in a big way.
I've been here for over a year now and have watched it from all sides very carefully. We've had some outstanding dd performed by a number of members here. Unfortunately, a few of them came up with some of the dirtier laundry in the bin, and the board as a whole doesn't want to hear it......at all. Too bad, because if you don't look at the whole picture, you're likely to overpay for a crappy painting.
The real question in my mind is whether we have a marketable commodity or not. There is very little more I want to hear from this company anymore except news concerning revenue. They've proven themselves time and again in the lab, but they haven't proven point 1 in the market place yet. Until they do that, the only money they have access to is from the lender, and we just discussed the lender's position as concerns the stock price.
The CEO has millions of prefered "super voting" shares. I believe each share carries 100 votes. He could dilute until he holds only 25-30 percent of the outstanding shares, and with these "100 vote" shares, still control the company. The danger of huge dilution is very real with this company. It must be watched like a hawk on an injured rabbit.
You've got an IR guy with conflicting interests. It's his job to expose KBLB to the investment community, therefore generating interest and attracting investors in order to build demand for the shares and push the stock price up. On the other hand, this same IR guy has deep ties to the lender we work with, and that lender gets shares for the money it lends. The lower the stock price, the more shares per dollar lent. Raise the stock price to benefit the shareholders, or keep it depressed to benefit the lender. The fact KBLB had to retain an IR guy of the lender's choosing is the most damning aspect of this company, and a horrible arraingement for longs. The few PRs we have received over the past year have been very predictable in their relation to the timing of loans the company has taken out.
It is not hard for an open minded person to question the sincerity of this situation. This company is really a 50/50 proposition right now. There is way too much unexplained from a business standpoint to not draw doubts from any open minded person.
As JB2 said earlier today, there is no discussion about the negatives of this situation without being accused of ulterior motives. One minute they say nothing on this board has any effect on the stock price, and then the next moment, a poster is accused of trying to depress the stock price with a post or two. Alot of nonsense.
I like the action today. With the right kind of buyer or two, we could make a push at .12 before the day is over. That would represent a 20% increase in 4 trading days, which would probably bring some sellers out, but it would be a positive developement all the same.
I dont think there is a concerted effort to keep the price down. I just don't see any pressure from retail sellers to force the retail buyers to up their bids. It looks to me like we have an honest market for the shares today and nothing that the buyers are seeing is making them feel like they should spice up their bids. That's all.
I agree. It's pertainent to our subject matter.
For example, right at this moment, the bid is 18,200 @ .1051 and the ask is 5,000 @ .1065. There will be a seller that hasn't even entered their order out there that will come in and accept that .1051 bid. It's been happening all morning.
I really thought after they worked through the .1085s that this was going to sneak upwards also. For whatever reason there is no pressure being put on the few retail buyers out there to raise their bids. As they bring the bid down, sellers keep coming in. The sellers aren't on L2 as they seem to be putting in their orders at the moment of the trade. The few sellers are just accepting the bid.
Doesn't look like any revunues this year. I'm thinking the trip to SE Asia was for testing. I could be wrong, but that's what I'm going by.
Still good news. Patience and trust are still the catch words. You either have those things or you don't. We'll see.
I like how it was advertised as a "day trade". It's as if Hansel knew there was going to be a market buyer first thing Monday morning, and gave it out to the pump letters to build their credibility for when the big action comes sometime down the road. I'd bet dollars to donuts that Hansel writes those presentations for the newsletters.
"Here ya go. Send this out and I'll give you $20k", or whatever the dollar amount is for whichever newsletter. It was such a give away when the "news"letters all said it was a day trade opportunity. What on God's green earth has happened over the past week to indicate to anybody that there would be a pop and drop today? Nothing. The whole thing looks totally orchestrated.
They better have been on behalf of the company. If they weren't, and Hansel is privy to any insider information, he could be in huge trouble. For Hansel's sake, they damn well had better be on behalf of the company.
4 paint jobs in 4 days.
Anybody know what the purpose of that would be, and, if coordinated, who would do it?
You're really enjoying yourself with this investment, aren't you?
It's been 3 months since it's closed below 9 cents. Would take some negative news to drop it below there again. Let's hope to never venture there again.
Actually 2.2mil sounds about right. Wyoming took 17.5mil at a penny, ND took 2.2mil at a dime.
Hansel getting 20mil is still the big descrepancy, but that's a whole nuther matter.
Wouldn't confirmed failure also be a material event? By your logic, we have to assume that nothing definitive has been concluded about the insertions yet. Confirmed success, by your standards is a material event. Then confirmed failure would have to be also. If you can't come to the conclusion that the insertions were successful because Thompson has not made the announcement, you also can't come to the conclusion that the insertions were a confirmed failure either.
I, myself, am not saying either/or, I'm just commenting on your prevailing logic.
Wow!! You really have to be the most cynical and critical person to have generated that post. Being the devil's advocate is one thing, but that disertation was beyond anything you've done before. This company could announce 5 million dollars of sales and you'd find the dagger in there somewhere.
I don't care how much Notre Dame gets and from what their take is derived from. I read "commercialization". That's what I want. That's what Kraig wants, and that's what Notre Dame wants. Why craft a deal for commercialization rights if they're not on the horizon? That's the key to this whole thing for me.
It will run, but it won't stick. we want solid news, regardless of the bumps speculation will afford.
I just disagree with one point you made. I think it would be unprofessional for Thompson to post here, but for Fraser to post here now and again, not so much.
One last thing from me and then I have to go. If things weren't progressing, why would KBLB and ND be sitting down and discussing commercialization deals? It would be mute, and a waste of a couple of attorneys time and ND money just to write up a deal that pertains to nothing.
I agree with your post entirely. Like I said, all speculation. I agree that today's news doesn't carry a whole lot of clout, and I'm hoping subsequent news doesn't follow the same pattern. But IF SPECULATION is correct, this would be a kind of launching board for better, meatier news.
Universities get rich holding shares and real estate for decades. I'd be surprised to see the University of Notre Dame become a penny stock flipper.
There is speculation as to who Dr. Fraser may be on this board. If that speculation is right, that particular poster made reference to a trip some Notre Dame personnel made to SE Asia some weeks ago. It would be nice if all that speculation was correct and something came from that trip.
You had to know there would be profit taking on news. Definitely was going to happen. I have my eye on this one. Owned it for about a week a couple weeks ago. in at 25, out at 37. I moved too quickly, but I very well may get back in on this one. Bet it slides a little bit more Monday AM, then could get a nice bump again.
Good looking opportunity.