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I believe you are misinterpreting the intent and purpose of the “field trials”…
Which means your timelines are way off…
Things will be happening much sooner..
im not gonna bother looking at that video...im guessing Nikola thinks everything is going wonderfully...
but when i look at the shareprice, i see a stock that was 3.70 in August and is now 87 cents...
3 years ago, it was 30 bucks a share...
not interested in anything they have to say...
got anything useful to say?...how about something to do with fcel for starters...but before you start withh all your conspiracy theories, ill need to go find my tin foil hat...
lmao
kim in years past was stumbling around making bad decisions and mistakes...
this past year or so, he is actually making the right decisions and the company is progressing the way i had always hoped it would...
he always wanted to do it himself...it appears he has put his ego aside and is assembling a team that has done very well and looks to be headed for successful mass production...
whether you like it or not...
"Thompson either intentionally Lied on that PR to his shareholders OR just got ahead of his skis"
he did a pilot run and the worms did not perform as expected...and the yield was not as expected...
he spent almost all of 2023 correcting the problem by hiring the best experts to create bigger healthier and more robust worms...experts also made changes to the entire production process and added new equipment as well...management changes were made...a materials expert was hired...
all that was tested in a small test production run...the results were excellent...the future looks bright...and its coming "soon"...
keep crying over spilled milk...for whatever good that does you...
"So if/when Amazon converts the first 9 million warrants at approximately $23, Plug Power gets approximately $207 million."
if years from now, plug should hit a pps of 40 bucks, those warrants being converted at $23 really wont look so good...
"We may very well have found support, it does make perfect sense that it would be around $1.56 or a $1.57."
i thought 1.69 was support...but now that todays low is 1.57, suddenly thats now a support level....just because?...
the only real support is at 1.50 and 1.25...heavy resistance is at 2.00...everything else is just price fluctuations...
"What the hell do you call signing a $40 million contract and never collecting a dime then?"
i call it the past...another example of kim jumping the gun...
the past is the past...its what we do going forward that matters...
a whole hell of a lot has changed since then...much progress has been made...
believe it or dont believe it...sell or hold...
but crying about the past is useless...
"Fossil fuel percentage gets low enough we’ll all be in the dark"
nah...they all just want the Fed gov to pony up the big bucks while they put forth the least amount of effort...if they have to work harder to get the money, they will...but only if they have to...
making green hydrogen with clean energy is the hard way...making green hydrogen with dirty energy is the easy way...they REALLY want to go the easy route...but if the Fed gov threatens to take away their welfare money, they will eventually do the right thing...
turns out, big business are really no different than individuals on welfare...huh...imagine that...
"Yes, it is called market manipulation. The Douchebag CEO used to be a penny stock broker. He knows how to play the game "
in what way were the kblb shares manipulated today?...you think kim orchestrated a few thousand dollars worth of sells so that his own shares could be worth less...
wow...diabolical...kim is a veritable mastermind...
SMH...lmao
90 times more sells than buys...and the pps dropped 2.7%??..
lmao
"The electrolyzer is plugged into the power grid, and fossil fuels still make up about 60 percent of the US electricity mix."
and this is it in a nutshell...companies want to get billions in welfare checks for creating green hydrogen using dirty energy...
and the Fed gov is saying, screw any phase in BS...do it or dont do it...but you aint getting paid to not get it done...
i was talking business...now you want to make it democrats vs republicans...far left vs far right...im not gonna play that game...
Even if everything you said was true…
Silk is an $18 billion dollar market…
And none of what you said is much of an issue anyway…
"A1000 miles? I’ve not heard of anything close to that"
https://www.torquenews.com/14335/aptera-1000-mile-range-ev-will-change-everything
but in the near future, thanks to solid state battery technology, 700-800 miles on a charge will be common place...there are so many really great things going on with EV's that no one really needs to be concerned with fcev's...maybe if hydrogen can get pumped out of the ground, hydrogen vehicles have a shot...but fcev's?...theres no need for them...and the Exxon's of the world would, by far, prefer hydrogen vehicles rather than screw around with fcev's...
https://www.thecooldown.com/green-business/800-mile-range-ev-porsche/#:~:text=Porsche%27s%20new%20solid%2Dstate%20battery,miles%20before%20having%20to%20recharge
"What is to make one think that he is all of a sudden now telling the truth?"
weak, desperate and frankly just a really stupid comment...
smh
"Past history can help to predict the future."
im not interested in history...it isnt history that is important when trying to create a brand new fiber...there is never before accomplished cutting edge science involved...
will there be struggles, trials and errors...hell yes!...there always are when creating something new...if one has tried to do something 900 times and failed, it could be that said that past history says he will fail again...UNLESS, there has been progress along the way...
kblb has progressed...you have seen the results of that progress...theres no denying it...
has kim jumped the gun a few times with announcements?...yup...but thats just human error and inexperience...
tick tock...your time is running out and you will be the loser...
"The pic they provided, may have given off mixed signals but to those who were waiting for even a morsel to chew on"
sure...pretend it was just a photo with nothing else involved...
when you do that, you are telling everyone, you got nothing else but bullshit left...
thanks
"You need a phase in period to kick start things or they never start or take longer to plan out."
its actually the exact opposite...the Exxon's of the world want you to believe there needs to be a "phase in period"...they will use that "phase in period" and the gov wefare money to ensure that nothing else takes hold...
the Exxon's have been punched in the face and now want a time out...this is not a boxing match...this is a street fight...there are no 3 minute rounds and no rules...
Exxon wants everyone to rely on hydrogen...that way they stay in power...
"Sorry, but it will not be an incentive and slow thing down."
if its not an incentive, great...even better...then throw all that IRA money into solar and nuclear...
"I feel the same when they charge their BEVs"
how about when they charge their BEV with residential solar panels?...
i think its dumb to have a bev without solar panels...maybe instead of incentivizing big business with welfare checks, they can further incentivize residential solar panels where it will do FAR more good for the average person...im pretty sure hundreds of millions of americans would love to have cheap solar energy to cool their homes and power all their appliances, computers, cars and various toys...
but instead we are going to make large companies a lot of money with hydrogen...hydrogen that will inevitably rise in price over and over and over until the average person is choking on the costs...
the battery tech for EV's is getting to the point where they will go 1000 miles per charge...and it will continue to get better...there wont be a huge need for chargers anywhere but your home...unless you want to drive across the country...sure charging stations will stille be needed...but not like has been envisioned previously...not even close...
"and all of the sudden BAM several nice fluffy ones"
the announcement of a successful pilot production run, with improved worms, which is the culmination of a years worth of intense work that involved the hiring and input of various experts that was displayed by a photo of the end result which was 20 kilos of DS, is not fluff...
"Still no substance to them"
IT WAS PROOF OF CONCEPT!...
SMH...
"Did it ever exist?"
who cares?...lol...anyone can believe what they want about the past...
we know this batch exists...thats all that matters...
"A pic of R&D visualised. If they could do that, they could've shown the alleged batch that was stored away for so long"
the first batch out of GSS was not what kblb envisioned...the yield was not what was wanted and the worms did not perform as expected...why would they photograph and promote something that was less than expected?...
they pr'd a photo of this batch because the big new juicy worms performed very well...the production model was successful...the yield was much better and the DS was excellent...
they will now move on to mass production...
thats why they pr'd a photo this time and not last time...
but once again, the past is the past and is not revelant...once you achieve success, it is all about what you are doing now and will do in the future....past struggles are what got you to the current success...there is no reason to dwell on those past struggles...they are in the past...
“No, it was drafted to help grow the industry.”
It was drafted to incentivize green hydrogen…it was a climate change initiative…it makes no sense to make green hydrogen with dirty energy…that doesn’t help the climate change issue…and that was whole point of the IRA bill…
Munchkin decided to hold the bill hostage and change the bill into one where dirty West Virginia coal could benefit and in the process, so could he…
Now, the bill is just being changed back to what it’s original intent was…
That is really all that is happening…
wonder if we get another pr this week...the technicals can support another move if its in the cards...if theres decent news, we could break through .05...maybe even .06...
pretty heavy resistence at .07...
9% drop today but still more buys than sells...lots more trades thna usual as well...
7 out of the last 8 days have seen over 1 mil shares traded on a daily basis...cant remember the last time we had that kind of million share volume, consistently....
"and claiming that Manchin has ulterior motives"
i never claimed that munchkin had unterior motives....he certainly had his motives, but he never really hid them...he straight up put a choke hold on that IRA bill and threatened to kill it unless changes were made that were favorable to west virginia dirty coal companies in which he was heavily invested...in doing so, others stood to benefit as well...
the fact that those others who would benefit, are also "making almost the identical arguments as Manchin" isnt surprising and does nothing to bolster his credibility...it just means they every bit as self serving as he is...
"I agree 100% with Manchin, environmentalist and others supporting these stringent rules are I'll adviced at best"
if they want the money, they can follow the rules and do it right...if they cant, then they can fold up their tents and go make scented candles...others will come along and take their place...i dont know how we came to the point where the fed gov is required to issue welfare checks to big businesses so that they can become rich...
"The delay in releasing them alone is shameful"
the original delay was caused by munchkin holding the IRA hostage until he could make the changes he, personally, wanted...this delay was in getting around all the changes that munchkin made...they werent going to let him get away with holding trillions of dollars hostage while he got his dirty coal dust hands all over it and made changes...
yes we know...munchkin is very upset because he spent so long blocking that IRA until he could craft it into exactly what he wanted for his own benefit...
and now its being changed to what it should have always been...and it isnt much use to him now...
he seems pretty angry about that...
lol
"I only blocked one (guess who), but I just skip the others."
but yet you want to know "What happened to all the naysayers???"....
LMAO...
“ Production objectives can be expanded by licensing our technologies to businesses in India.”
Yup…I mentioned that a couple days ago:
“some will want to become a customer, others partners, still others may want to enter into some kind of licensing agreement...might be some that want to invest or buy a piece of the action”
Influential, respected experts from India are getting a close up view of what Kblb has, can do and could do…they are in on the ground floor of what Kblb is about to build…if they see value in that, and I’m pretty sure they already do, they will likely want to act fast before Kblb gets widely known…
I’d like to see a large chunk of upfront money with recurring revenues from licensing…
This is something that would not have been possible 6 months ago…
"Who knows if the experts in sericulture fixed the issues or a new strain was created along with the sericulture experts suggestions."
who cares..it was one or the other...what i know is, it got done...the photo of kim holding all that spider silk says so...kim saying the production model was successful and that the big juicy worms provided excellent yield says so...
the evidence of all that is right there for all to see...but for some reason, some still want to pretend they dont know and therefore, no one knows...
I KNOW...others know...all the evidence is right there...
"Well, if that's the case we should get another shipment of spidersilk before the spring trials start."
why?...
sping in Vietnam is Feb 4th...
we will get a shipment when it is ready...and we will hear about it when kim wants to announce it...it will happen soon enough...
"the requirements would see investments intended for green hydrogen flow to blue hydrogen projects"
yea...thats what they want you to think...its actually a threat...they are saying that if they dont get gov welfare checks to make tons of money making green hydrogen, then they will double down on dirty hydrogen...thats not a good stance...
there will be others who will step up to qualify for the money...and the Cummings of the world will have to do the same to compete...
"If they had the worms that they needed for commercial production, then they wouldn't be doing TRIALS in the SPRING."
they will ALWAYS be researching and doing trials...that will never end...the trials are for new and improved strains...
we already have what is needed for mass production...we have it NOW...and it WILL be mass produced...
"And they wouldn't be waiting for another 3 months until the Spring."
they will not be waiting 3 months...
"Where was that created?"
at GSS:
" today announces the early start to the production season with the successful manufacture and delivery of the most recent batch of recombinant spider silk"
they are referring to the "production season" in vietnam...because thats where we are producing...
"Silk from this production cycle was processed into finished reeled raw silk and happily received on-site by the Company’s Senior management this week."
the senior management was in Vietnam...the silk was received "on-site"...but the photo was taken elsewhere...looks like a big major hotel...like you would find in HCMC...where GSS is located...
"Ann Arbor, MI – January 26, 2023– Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (“Company” or “Kraig Labs”), the biotechnology company focused on the development and commercialization of spider silk, announces that it has delivered the first two hybrid-cross Dragon SilkTM strains to its third-party production partner in Vietnam. "
" These new lines are the first of several planned silkworm strains in our hybridization program, which are explicitly designed to increase robustness and cocoon size."
"The Company engineered these strains as part of its development program to bring needed increased resiliency to the large-scale production environment."
"As part of the Company’s ongoing development efforts to commercialize spider silk production, it is also developing a four-line hybrid-cross program that should further improve yields. This program is under development at the Company’s R&D headquarters located in the USA and is planned to begin rollout in stages later this year following the successful implementation of the two-line hybrid-cross model."
2 line hybrid at GSS in Jan...4 line at Michigan....but now the 2 line has proved sucessful and the 4 line will undergo trials at GSS...
thats how i see it...because thats what was stated...and thats what we have seen...
"IMO it comes down to the spring trials. If they go well KBLB is off to the races."
imo, this is what the spring trials are for:
"The Company is actively developing numerous pure-line silkworm strains utilizing its recombinant spider silk technology. One key area of focus for work at Kraig Labs’ overseas production operations with these new experts will be testing and creating the optimal pairing of these pure-line strains to produce ideal hybrid cocoons and spider silk."
the spring trial is not for finding the right worm to mass produce...that has already been done...
“these new lines will become the bedrock upon which future production is built.”
Tomorrow is the future…creating that future has already begun…it is IN PROGRESS…it is not a concept…it is HAPPENING AS WE SPEAK…
“What Thompson is telling us is: Step 1) Refine the new lines to make them better in some respect;”
WRONG…he already has the line he needs to mass produce…research is ongoing to make improvements…making improvements Is and always will be ongoing…it never stops…
“2) Develop variations on these lines that can be used in future production.”
See my above statement…
“With this, he is informing us that the current lines could not be used for silk production, even if they were improved.”
Did you see the photo?…it’s spider silk…it was made with a pilot run…kim was extremely happy with the performance of the worms, their size and the yield…
What is it about those statements that leads you to believe that those worms could not be used for silk production…especially given that they WERE USED for silk production???…smh
“I’m wondering if they don’t contain enough spider silk genes to make DS or MS, just some ‘weak tea’ version of either strain.”
I’m wondering where in hell you are getting this from…as well as this: “Not only that, there were still problems with how ‘robust’ these silkworms are.”
There is nothing in what you posted that would lead anyone to those conclusions…
“Sure, it's anyone's guess if they get there before more funds are needed.”
Funders are already knocking on the door..imo
“OK, that's another hope that may or may not happen.”
What do you think venture capital does for a living??….lol…they don’t wait until a company doesn’t need their money…they show up when the money is needed…but they wait until they have a reasonable expectation of obtaining a decent return…
Like say, a company that is in the business of creating the holy grail of fiber and have demonstrated proof of concept…
That company will want to mass produce, grow and expand…rapidly…that will take money…funding that, is what venture capital does…
This isn’t rocket science…this is how things work…this is how it’s done…
Venture capital aren’t penny stock investors who sit around wringing their hands anxiously, refusing to see what is in front of their face…they are smarter than that…
“The experts came for one reason and one reason only. Money.”
They were hired to do a job and will get paid for it…that’s not an unusual situation…
“The fact they came doesn't point to any eventual success.”
The fact that there has already been success indicates more and continued success…improvements have been made that lead to a pilot run that produced acceptable yields…
“They are here because Kim is hopeful they can get things to work more efficiently.”
It is not a hope…it has already happened…and they will stay to see it continue thru mass production…
“I believe additional dilution is coming sometime next year. Here's to hoping it comes with consistent revenue coming in.”
If we are mass producing and generating decent revenues, there will be no need for dilution…kblb will get people knocking on their door with bags of money…
In fact, I think that’s already happening…
“We have active negotiations in process with public and private sector actors, which would have been unimaginable six months ago.”
The more I think about this, the more it smells like money to me…I think this is more about funding…
6 months ago I could imagine Kblb getting interest and inquiries from all over the place…from anyone with interest in spider silk…
What I couldn’t imagine was anyone showing up with cash in hand wanting to fund a 3 cent company…
But when you have proof of being capable of producing the holy grail of fiber, many wealthy entrepreneurs will want to get in early on that…and there are a million ways to structure $50 mil in funding…