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Did he say that as a shareholder the least you could do was pay for his 18 and beer? lol
We’ll at least he’ll be forced to communicate through a 10q next week…won’t have to waste money on those expensive pr’s
I just felt it would be refreshing to see a prediction on this board actually come true
We all hope you are right… Time will tell
Maybe, a lot of variables can cause a company to be targeted by shorts. If this company was up listed and suffered repeated setbacks as they have in the past (their fault or not), you can bet the shorts will smell blood in the water from a mile away…
All we have in stock is 10q ties lol…as for the rest of your questions, it’s all a big secret to be revealed “soon”
I’m not trying to be a KBLB hater but I hope uplisting is the last thing on Kim’s mind right now. If he doesn’t have production worked out the shorts will send this thing below the basement on the NASDAQ.
******OFFICIAL PREDICTION*******
KBLB POSTS 10q AFTER MARKET CLOSE 11-14-22.
I emailed him about a year ago around this time. He said management was happy with production and they planned to hit 1000lbs a month by q1 2022. He also stated that they “expect” to deliver fabrics “soon” that would generate the company’s first revenues. Fast forward a year, I emailed him again and he said management was happy with third party production, etc. Still no revenues and no deliveries other than “samples”. I do, however, “expect” this will happen “soon”.
lol I’m not Ben I’m Josh
Anybody ever end up having a conversation with Ben yesterday?
Again, an opinion. Whether the company can generate revenue is yet to be seen. If they can mass produce spider silk, you don’t see a market cap higher than the current $30 million? I think if they succeed with commercialization you’ll find that your “opinion” didn’t age well. Of course, most of the “facts” you’ve recently stated have been false so I don’t put much stock in your “opinion”.
Let me correct you once again…your opinion still stands
Show me on the chart when it was “almost a dollar”
Some are holding to the belief that Kim won’t release good news until the loan is paid. IMO, from a logical standpoint, it makes more sense that he would withhold negative news at this point. That way the share price isn’t hit with that inevitable sell off combined with selling pressure from Yorkville. I certainly hope that is not the case, and it’s 100% speculation, as is the opposite theory. At any rate, I, along with many others are just flat over it. We’ll almost certainly close in the 2’s next week without good news. Im over it.
I assume these are diluted shares being sold. Share price is holding up very well if that’s the case. The debt will be paid off soon without a doubt at this rate.
Major volume again today…
My point was not that they will eventually and inevitably fail. My point is that they don’t have unlimited chances at spider silk production. It takes resources, and those resources have to come from investors that believe it can succeed. Every failure and setback erodes that confidence.
I hesitate to use the word scam. I couldn’t stay invested if I didn’t believe this company was genuinely trying to mass produce spider silk. I do believe, however, that continued failures and a dropping sp will increase the headwinds to the point where the company will struggle to continue and eventually fail. When does that happen? No clue. I’m simply saying that they don’t have unlimited chances at this.
Oh make no mistake…anyone who has held onto this stock over the last couple years has acquired patience, there is no doubt about that…it’s not about patience for me at this point, it’s about whether or not this company can do what they have set out to do. If there are major problems at this point I will have to decide what I need to do as an investor, as many others will do also.
I’m in the same boat. If the current carrot that Kim is dangling over our heads is just replaced with a new carrot with the next release, I’m gonna have to make a tough decision. I can’t go from “everything looks great” to “everything fell apart” forever.
If I was going to place a bet I would say no… But then again I can’t afford to lose any more money because of Kim lol
Agree 100%
KBLB is at the riskiest stage for the share price that they have been since I’ve been in. Tons of selling pressure from dilution, and if there’s more excuses at this stage, (the stage where Pr’s told us that they were just dropping their eggs off and the silk would be ready in 90 days), It’s gonna get real ugly…
Do we see an update from Kim next week that they have in the multiple hundreds of kilograms production of DS, or do we break the two cent mark? 90 calendar days is up next week.
Also, why hire Dorton if they are not on track?
I’ve often wondered if Kings refused to agree to an official launch until Kraig proves the contractor shipment. They have obviously been witness to delivery issues in the past. If they can’t meet demand for their customers, their customers are going to blame them not Kim….
We all wait with cautious optimism
From Ben about production status and share price.
“No, I believe that the Company will announce when they reach that milestone. The Company took a step back, so that it could take multiple steps forward, when it changed its model to a third party production partner. We are in the 90 day ramp up phase with the third party and, from the feedback that I've received, it appears to be going well.”
“As far as the share price goes, some shareholders have mentioned that it could be a result of the funding mechanism and, if that's correct, it looks like we're on the tail end of that dynamic.”
I refuse to accept that if you are not praising Kim’s every action you are fear mongering or bashing the company. I can tell you that when I look at the share price, the past history of failures, and the current silence, it makes me very concerned for my investment. You can tell me that we are just around the corner from whatever but the absolute fact is that nobody knows that for sure. I’m not saying we aren’t close to some very positive things happening, but I am saying this point in time is very concerning for me. Albeit all forward looking statements, the company has only posted positive news over this last year. If the expectation is to see a product launch or mass production numbers within this quarter, and there is news that that hasn’t happened or is going to be delayed, the share price is going to drop exponentially from here with no doubt. If you’re going to tell me to look at the company’s PR‘s for my peace of mind, my suggestion is to look back through all of their PR‘s. My concern is legit, as all of yours should be as well. I hope as much as any that we are all rewarded for our time here. We need some great news now more than ever.
Fourth quarter of the “breakout year” Kim
Kraig investors complain about being left in the dark, and rightly so imo. Last year Ben posted an article in 247 invest or something of the like, saying Kblb was “soon” going to deliver their first shipment to Kings and receive thier first revenues. Kim hints about the launch in the pr’s but there’s no way to do anything but speculate a timeframe based on the info provided. Based on info I have looked at from the pr’s and how things have played out, I have absolutely no clue whether the launch will happen yet in 2022…or even 2023 for that matter. His brand of ambiguity is uninvestable for many. Are they putting the finishing touches on the launch? No clue. Are there issues that are going to cause further delays? No clue. Guess we’ll have wait and see what crumb he drops next.
9th month of “the breakout year”…No launch, no production numbers, no sales. Come on Kim
All I can say is if they are releasing these teaser videos before the launch to increase momentum…they aren’t working
I’ll take it all day, even with a shit sandwich on the side
Third party has reached production levels to support Spydasilk launch according to recent pr. Both parties have had 2+ years to work out details of the program. Share price in nickel range. Time to show the cards.
Now Kings group is using the word “soon”….I hope soon means something different in Singapore than it means in Ann Arbor lol
I’ve certainly gone through my periods of doubt and frustration with this investment, as probably all shareholders have at one point or another. Most of the pr’s I’ve read over the last 2 years have left me unimpressed and under-informed. The latest pr however has given me more hope in this investment than I have had previously. Obviously, others may call it more of the same, but that is not my take. I think Kraig is truly on the path to mass production at this point and if that is truly the case, the sp will follow. Not sure when exactly, but it will happen. I have followed the company’s communications religiously for quite some time now and don’t recall the subcontractor conversation until very recently . It must have been in the works for quite some time if the pilot results are already completed. I assume there was more involved than just dropping a box of worms off and coming back to make sure they made cocoons. At any rate, if Kraig can utilize existing silk manufacturers experience and expertise, this ball could get rolling a lot sooner than I expected. The Kings contract is just a start. When we’re producing enough to supply other customers, I believe the doors will open exponentially. Very exiting time to be a Kraig investor. Hope the pr’s to come soon are some of the news we’ve all been waiting for.
We’re you satisfied with the conversation?
More meat in this PR than I have seen in a long time