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Exactly, G!
Great point, EOT. I chose the wrong noun. Instead of a setback, I should have stated that KBLB produced a bit less than expected. What people don't realize is that production continues! That silk has to go somewhere. Some will go to the Kings Group/SPYDASILK, and some will probably be sold to some entity. I expect earnings to be announced at anytime. I have been buying more for the first time in five years.
Buying KBLB right now is a smart thing to do, IMHO. Some of my friends have followed my lead and bought more. GO KBLB!
So what do you expect? There has been no KBLB news besides the holiday newsletter, and it contained a setback about production. How does this tie in with the CEO stuffing his pockets?
If you are trying to make that connection, then this is FAKE NEWS! KBLB RULES!
Great post, Rayo! KBLB RULES!
Thank you so much M/Wilson! I truly appreciate your kind words! GO KBLB!
GO KBLB!
Thanks, and God Bless you, Saint. I keep fighting for KBLB because it will succeed in time. It will change the world and hopefully prevent the deaths of soldiers and police. Merry Christmas to you and your family. GO KBLB!
Regarding KBLB, that's a good one! lol's smh EOD
Wash, rinse, repeat regarding KBLB. This issue has already been addressed and discussed. EOD GO KBLB!
I am not talking about where the share price is now. Sooner or later next year, or as a worse case scenario in 2024, KBLB's share price will rise, and we will pass the ATH at some point. This will happen, and then it all changes.
In regards to KBLB, you can say anything you want, but the fact remains. KBLB will succeed in time. If they hadn't produce any silk at all, then I could see your point. However, they have produced silk and continue to do so at a smaller rate.I can be as bullish as I want regarding KBLB, like it or not. KBLB = WHERE THE FUTURE IS MADE!
Utter and total nonsense!
And what makes you think he would not want to buy those KBLB shares? I realize that we have totally opposite views of KBLB. I am happy to own my KBLB shares. To me, that is all that matters. GO KBLB!
All I know is that Jon ended up with two plus million more shares of KBLB. I hate to read S-1's and other SEC documents, so all I saw was his increased share amount. I mistakenly assumed he bought those shares, but they were given to him providing great incentive to make KBLB a success. I sure wish KBLB was trading at a buck right now, however, that time WILL COME.
Patience!
Please name another stock out there with the potential KBLB has. There is not one stock out there with this technology. KBLB is doing things the world has not seen. Why is it nonsense that KBLB's lab and technology are not worth as much as I stated?
The price is around .03 because of year end tax loss selling and because KBLB has YET to show revenue. They had a setback in production, however production continues, albeit in smaller quantities for the time being.
This is the time to be buying KBLB! KBLB = WHERE THE FUTURE IS MADE!
So well stated, Mojo! GO KBLB!
"Wouldn’t it be easier for champions of KBLB to place their money on another company that has increased its value rather than plummeted?"
The simple answer is no since no other stock out there has the potential KBLB does, and this is why even those who criticize KBLB are still invested. KBLB is an OTC stock and like other companies, it too has its ups and downs. KBLB has had some setbacks, but the technology is still sound and will succeed.
Those of us who strongly believe this like me and others are not the ones complaining. We have a longer term view of KBLB as an investment, not meant for the impatient. Some of us are buying KBLB now like me. I am happy to hold onto my shares for as long as it takes for a BO.
Remember, the technology, along with the KBLB lab, is worth somewhere between $1.75 and $2.00. That is a gigantic return from these prices, even if this is all we get. However, I know KBLB will fetch much more in a BO situation.
All I did was look at the total number of shares Jon Rice had as reported in the latest S-1. The difference was a bit more than two million shares from the last report.
Jon Rice knows what he owns, and he is and has always been confident about KBLB. I know KBLB will succeed. In my eyes, this is all that matters. Know what you own whether it is KBLB or another stock. GO KBLB!
What does the volume today have to do with huge KBLB news coming? What you are seeing now is year end tax loss selling, and it will be over soon enough. Without news, the KBLB volume is low. When we get gigantic news, and it IS coming, you will see large volume. Everyone knows nothing is coming for the rest of this year, so the volume is low.
Again, this is the time to BUY KBLB shares since these are prices so embarrassingly cheap. I bought some on Monday for the first time in five years. The fact that Jon Rice increased his shares by more than two million speaks volumes. I follow what the insiders are doing. Jon was buying a lot of shares; that's good enough for me. He knows exactly what is happening behind the scenes.
Despite this setback, KBLB will succeed. If Jon felt the company would not succeed, why on Earth would he buy more shares and that many? KBLB is the best investment you will ever see in your lifetime. Forget about the volume, and BUY! GO KBLB!
Agreed, EOT. I see the KBLB great reveal launch coming sometime in January. GO KBLB!
Thanks for this information, Mojo. GO KBLB!
Jet....Just bought a bunch of KBLB shares at .03. I never thought they would fill, but they did. These are the first KBLB shares I bought in many years. GO KBLB!
EXACTLY!!! GO KBLB!
Exactly right, Blue! Keep up the good work; I love reading each of your posts. GO KBLB!
"It was ALL bad news. No production"
Deannie....If you read the KBLB holiday newsletter again, there is a lot of good news. No one ever said there was no production; it was just less than expected. There's a big difference between the two.
Also, if Jon Rice acquired another 2 million plus shares of KBLB, there has to be a reason. If it was all doom and gloom like you are saying, why would Jon acquire that many more shares?
Sometimes, common sense has to overtake fear. HANG IN THERE! GO KBLB!
You are making a statement like this, and you have no proof. If you read the KBLB holiday newsletter, you will see that there not only is production, but it continues. Read that letter! This statement you made cannot be any more false in regards to KBLB.
From the looks of the paragraph from the KBLB newsletter I quoted, it "looked" like production was beginning here in Q1. However, this is not the case for now. I believe that rather than stretching themselves thin by moving in separate directions, they are focusing on Vietnam first. I think this is the right way to go. Don't worry, there is a reason why Kim and Jon do what they do.
I believe once things are moving smoothly in Vietnam that production WILL BEGIN here in the U.S.. I think the reason for all of the cynicism and anger towards KBLB is lack of patience. This spawns frustration, the worst enemy if you are an investor in any stock, especially KBLB. Frustration leads to fear, and that leads to making huge mistakes like selling at absolutely the wrong time. This is not the time to shun KBLB; this is an opportunity to buy shares embarrassingly cheap.
GO KBLB!
Well, I was wrong regarding KBLB production in Lansing. The way the paragraph was written, it makes it sound like production was beginning in the U.S. in Q1. Here is the paragraph from the KBLB newsletter:
"While the current focus remains on the rapid commercialization of existing spider silk technologies, the Company’s R&D efforts remain focused on extensive opportunities for our spider silk technologies, fibers, and proteins. Work with our third-party contract manufacturer has identified opportunities and incentives to accelerate our multi-line hybrid production models. Ramp-up of this work is already underway in the Company’s US facilities, and we expect this will be ready for the transition to production in Q1 2023."
Oh, well, back to the drawing board. GO KBLB!
Great post, Money! GO KBLB!
Thank you, Silkmaster! KBLB has been a very long, stressful, arduous road for sure. All I want in life is a KBLB BO, but I know Kim will patiently wait for a good price, and that is very important. Frankly, we are all tired, worn out KBLB soldiers. God Bless always. Bob
KBLB = WHERE THE FUTURE IS MADE!
Hi Silkmaster....When you say "no production should be expected before 04/2023?", KBLB is already in production, although the first round with the third party contractor came in less than expected. Nevertheless, we are still in production; production continues.
As far as the share price, year end tax loss selling has caused it to fall from .045 roughly to where we are today. I believe Q1 will be huge for KBLB. In the meantime, I am very tempted to buy more at these prices. If I do, it would be my first buy in years. KBLB shares are way undervalued and embarrassing cheap.
Have a very Merry Christmas, Silkmaster! GO KBLB!
I know the third party contractor is in Vietnam. That paragraph is written in such a way that it seems like it is referring to U.S. KBLB production in Lansing.
Perhaps I misread this paragraph from the KBLB holiday newsletter, but it sure sounds like production is ramping up in the U.S.:
"While the current focus remains on the rapid commercialization of existing spider silk technologies, the Company’s R&D efforts remain focused on extensive opportunities for our spider silk technologies, fibers, and proteins. Work with our third-party contract manufacturer has identified opportunities and incentives to accelerate our multi-line hybrid production models. Ramp-up of this work is already underway in the Company’s US facilities, and we expect this will be ready for the transition to production in Q1 2023."
No, Kim will do a 1,000,000: 1 KBLB RS. lol's GO KBLB!
KBLB U.S. production is set to begin in Q1. This will be huge because it gives Kim and Jon the opportunity to monitor progress first hand, not like the current situation in Vietnam. Production continues! Love your line about keeping KBLB above a penny. I am horrified, petrified, stupefied, and mesmerized. GO KBLB! lol's
"The newsletter contains a lot of very good news for the near future, Q 1 is very close, and the future very bright."
Well stated, Blue! Great line.... GO KBLB!
KBLB = WHERE THE FUTURE IS MADE!
AMEN, Z! The holiday newsletter is full of huge news aside from the setback! As you said, "SUCCESS IS ON THE HORIZON!" Kim and Jon both know they are close to blowing the lid off of the KBLB share price. In the letter, Kim seemed very confident and exuberant. There are many reasons for him to feel that way.
KBLB = WHERE THE FUTURE IS MADE!
Thanks for this information, Mojo.
KBLB U.S. PRODUCTION IS AT HAND! KBLB = WHERE THE FUTURE IS MADE!