Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
“Does anyone know the reason for the pivoting from defense products and potential medical applications to just apparell?”
It’s not really a pivot…those applications are still in play…they will take time…but apparel is easier and quicker and it’s time to generate revenue…
Probably will drop to .06 or hopefully .055 sometime this week…
How about with a forward p/e of about 25…
"Realistically what do you think we will be bought out at?"
at whatever the pps is when kim and rice find themselves out of their depth...
kblb, if highly successful, will grow into a rather large company...fast...they will find themselves in the company of conglomerates that want to do business with them and probably screw them to death as well...as the company grows, their jobs will become far more challenging and imo, out of their abilities...
i dont know what the pps will be at when that happens...but when we get there, it will be time to take a buyout offer and put kblb in the hands of a much larger corporation...
at 10 bucks per share, kim will pocket $2.3 bil and rice will pocket $110 mil...they will get consulting gigs with the buyout company with big salaries and probably $25 mil or so worth of warrants and options...not to mention all the perks that go along with being a player at a big company...access to company jets etc...
they will be the ones who make the decision to sell...shareholders will get to vote but the reality is, what kim wants is what will happen...
i dont think theres a particular pps that has to be reached before kim sells...it will be when he decides enough is enough...
"We need to hit 3 to uplist to Nasdaq"
the threshold is 4...and we need to be well above it when we uplist...id say at least 6 without a r/s....if there is a r/s theres no reason not to do it at 10...
“dimes has this at 1-3 Dollars by June.”
No he doesn’t…he had it at 3 cents or less…but now he has it at more than twice that because he has too…cause that’s where it is now…
“What do you think mojo?”
A buck by the end of June..
“I saw you put $100 3 splits over.”
That was a joke…
“When do you think the first $100 might happen?”
Probably never…the company would be bought out before then…
“Your posts are detailed and so are dimes.”
Doesn’t make them good…just lengthy…
“ I lean on both of your information. ”
Don’t….take everything on message boards with a grain of salt…I flip burgers for a living…you really wanna rely on me?…
“Every $100 is 4 million for me. ”
You’ll never see it…have a plan…have realistic goals…stick to them…stay grounded…when you reach that goal, take your profits…don’t worry about what if’s…there’s always tomorrow and another stock…
I don’t know if we will r/s to nasdaq or not…I doubt we ever f/s…and it will be an uplist to nasdaq with maybe a secondary offering…but it won’t be an IPO because it isn’t possible because we are already a public company…
Wonderful…go for it… I would research how many times you’ve been wrong but I have a life…I’d rather research and converse about a stock I actually own..
How bout you?…lol
Sure it is
I have agreed Kblb has ramped up a few times over the years at certain points…you want to make it sound like a continuous 15 yr ramp up…it isn’t…
I’m not so sure what the big problem is with the company having a few false starts with their cutting edge tech…is this the first you have ever heard of that had issues to overcome?…..
"Nowhere in the bylaws does KBLB specify the place where the Annual Shareholders Meeting will be held."
oh no...what a mystery!...lol
show up in March...kim will probably take you to Denny's and you and him can have the meeting there...
"For Thompson to serve as the Chairman of the Board"
lets not pretend there is a BOD...and lets not pretend the sec or anyone else cares...kim has annointed himself the Chairman, CFO, CEO and UFO and all other manner of 3 letter designations...you wanna vote?...lol.. are you kidding me?..
you know when the meeting is...attend it if you feel like it...good luck...
"The “manner of communication” explains about proxy voting and the nomination(s) from the current BoD"
smh....call and leave a voice mail to kim that you are voting to fire him....lol
"KBLB knows perfectly well there is no future in 2HDS 1."
kblb will ALWAYS be focused on making improvements...but at some point they need to start mass producing what they have...the spider silk they made in Dec was plenty good enough for clothing...will Bam1 be better for clothing?...yes, no, maybe...who cares?...mass produce what you have and get it going...that is what you and everyone wanted kim to do...but now that hes doing it, you seem to want to believe hes going to sit around and wait for the next big thing...even to the point of disregarding his very own words...that he intends to mass produce IMMEDIATELY...hes telling you, point blank, what he is doing, but for some reason, you want to believe he is sitting around waiting for Bam1?...okie dokie...SMH
"So, BAM 1 could be called 2HDS 2 (2 parent-line Hybrid Dragon Silk, v. 2). The eggs will be shipped to Prodigy as soon as they are available."
im not going to get into the genetics or anything else...and sure Bam1 will take a minute to mass produce...but that has nothing to do with my point at all...imo, mass production is occurring as we speak...we aint waiting around for Bam1...you can keep talking about Bam1 and giving it 130 days or whatever amount you want...it doesnt mean we are not in mass production right now of DS...
"Kraig Labs expects this center will serve as a central location for collaboration with the VSA and LAREC to enhance sericulture in Vietnam."
i dont think they needed a location to sit around and talk about it...you cant enhance it by talking about it...they needed a location TO DO IT...
"It makes no sense to set up another silkworm farm in Lam Dong. There are plenty of farms in the area"
the way they do it in Lam Dong is they have thousands of families grow the worms...thats not how kblb is going to do it...kblb will need to have a controlled and secure environment...i dont know...maybe like the facility they just procurred?...
" KBLB’s capital is better spent on things needed to make Spydasilk operate and allow existing silkworm farms to grow 2HDS 2 when KBLB can provide the eggs."
speaking of capital...that alliance and mou with LAREC and VSA and whoever else is in the wings smells like money to be...my guess is theres some kind of monetary deal or funding involved...
"Although Prodigy has a considerable capacity to produce eggs, by now shareholders should have an appreciation for the fact that not all eggs are worthwhile."
and you should have an appreciation for the improvements that have been made and will continue to be made...go back and familiarize yourself with the improvements and the percentages involved...
"It will take quite a bit of time for Prodigy to ramp up to a situation where they are supplying eggs for a metric kilo/month production level."
see my comment from above...
"That is less than 3 full-term breeding cycles."
incorrect...see above...
"Good luck. You’re gonna need it."
go to your nearest liquor store and find a bottle that goes good with crow...you're going to need it...
"You never heard of a warehouse used for production purposes?"
so you agree that there will be production at the Lam Dong location...though i dont think it will be done in a warehouse...but you could be right...
"LOL. KBLB has been "ramping up" for the past decade and a half."
not really...but they have ramped up a few times and ran into problems...but this time they tested their new and improved (by experts) production process which was successful and resulted in amazing results...
"We all know that many of those articles are written by people that have no idea what they are talking about."
the interesting part wasnt stated by the writer...it was a quote from kim...
"That isn't what it says."
that is what it does...
"That is a lie."
nope... "The corporation shall notify shareholders of the date, time, place and means of communication of each annual and special shareholders"
sec 4 notifies shareholders of all the annual meetings since they happen at the same date and time...when there is a special meeting, it will be announced...
this aint rocket science...
"See here for more details"
your details are irrelevant...they deal with situations where shareholder meetings dont take place...kblb has annual shareholder meetings...legally speaking...just because there are no coffee and donuts and no one shows up, makes no difference...
"Yes, there is a Board, and it consists of 1 person"
yea...so like i said, there REALLY is no BOD...smh
"Anyone can see that on the company website"
you can see in your dreams for all i care...there really is no BOD...
"Rice isn't on the Board."
i say he is...looking at your link, i dont see him listed as a "member elect" who hasnt yet been installed...maybe because he wasnt a member elect...he was appointed...
"It would be for either keeping or firing Kim from the Board."
LMAO...you are an idiot...a funny one...but still an idiot...
"announces it has now taken possession of its new recombinant spider silk production center in Lam Dong Province"
if it was only going to be a warehouse and distribution center, why would they call it a production center if they have no intentions of producing there?...if they dont intend to produce Bam1 there then what kind of production will be done there?...
ill say it is not 100% clear, but it it really has nothing to do with whether or not there is mass production happening currently...
from Jan 22 pr:
"Kraig Labs is currently in the process of ramping up production trials of its recombinant spider silk under the trademark Dragon SilkTM. The move to ramp up production follows on the heels of the Company’s successful early production test announced in December."
Dragon silk...not Bam1...they have been ramping up since the 25 kilos in December...
"and because we will have control of that limited supply of Dragon Silk, it makes sense for us to focus on markets where we can control the end use of the Dragon Silk"
from Dec 22 pr:
"While our core focus remains on the immediate commercialization of existing spider silk technologies"
in a recent article kim is quoted as saying: " “We're ramping up dragon silk and something else we call monster silk. Those will be the first big commercial products that will reach tens of metric tons of production.”...
it sure doesnt sound to me like is sitting around waiting around on Bam1 to be the fiber that will be massed produced...i mean Monster Silk?...
"Over time, I expect KBLB will announce further production agreements with silkworm farms in Lam Dong."
no doubt...
"GSS will have all the production capacity KBLB can support for a considerable period of time."
i dont think so...Prodigy had the capacity to produce 30 or 40 tons of spider silk but will now only produce eggs...thats A LOT of eggs that can be produced...
"GSS will begin to use the new BAM 1 hybrids as soon as they are ready"
sure...maybe...but CLEARLY GSS is not sitting idle while waiting for Bam1...
"Sorry to throw a brace of cold reality on your fantasy bubble."
you havent...i deal in reality...
" KBLB is planning for future growth and moving pieces into place to support that."
absolutely...but you picture them sitting around waiting for that to happen...i think you are wrong...
"But scaling up will take much of 2024"
for Bam1, yes...but for DS, that scaling up has been taking place for months...
"not a lot of selling will happen"
lol...
"What’s your buyout price? $100/share?"
yup...after 3 foward splits...
"The dates in parentheses are pretty much the earliest these events could happen."
you are wrong of course...but even so, that is all having to do with BAM1 and the Lam Dong facility...there is still DS and the GSS facility that is and has been in production...
"They told us that one of the parent strains of BAM 1 was not yet homozygous, but they believe that will be happening in the near future."
no...thats not what they said...this is what they said:
"The next milestone, which we believe is imminent, will be to establish homozygosity with the second parental strain,”
IMMINENT...
in a DEC 22 pr, kim stated:
"One of those strains is already homozygous for the spider silk transgene, and we expect two more strains to be homozygous within two more generations."...
on Dec 22 it was within 2 generations...on Feb 6 it was imminent...it is now Feb 18...something tells me it is not in the "near future"...it has already happened...
"The dates in parentheses are pretty much the earliest these events could happen."
since they are mass producing at GSS, im in no big hurry for Bam1...it'll happen when it happens...
"Spydasilk launching in June presumes GSS is already pumping out hundreds of kilos of silk."
spydasilk will launch sooner than that...and yea, they ARE mass producing at GSS...
" If that were true, KBLB should have already shared that happy news."
why?..
" If he had already announced an annual shareholders meeting, that would mean a breakthrough had happened or was imminent."
because why?...
"The 20% share rise on Friday could mean new investors"
yes...thats what it means...and its not the 20% on Fri...its the 70% recently...
" We can’t tell who is invested yet."
you cant...I can...
“You think this is going to happen by June? Spydasilk won’t launch in 2024. Not enough silk, still looking for ‘partners.’”
What an utterly ridiculous and foolish statement…
“Your prediction of a buck in June is going to look silly.”
You are right…It could be 3 bucks by then…
“Might want to try to pretend you meant June 2025”
20 bucks by then…
Section 3 applies when section 4 no longer does…
Sec 4 states the meeting is held every year at the same time frame…the sec requires no communication to shareholders when the annual meeting is at the same time every year and is listed for all to see…
Sec 3 applies when there will be a deviation or a special meeting of shareholders…
“You are going to discover that KBLB has not held a shareholders meeting”
It’s held every year…but you really don’t care…if you did, you wouldn’t be asking others to call, you’d be calling yourself…
“They have until March 1 to notify all shareholders about the meeting.”
You just saw when the meeting is…feel free to attend…
“We as shareholders are entitled to vote on the BoD and the notification will provide information about the proposed BoD, means to assign proxy votes, and so on.”
This is just stupid…there really is no BOD…so there’s really nothing to vote on…the company is required to have representation on a BOD…that is Kim and Rice…there are no outside board members…so what would the vote be for?…but feel free to send in your vote…lol
“Yes, it is appropriate to complain to the SEC about this problem.”
Good luck…there is no violation and if there was, no one would really care..
so dragon silk and monster silk "will be the first big commercial products that will reach tens of metric tons of production."...
and since Bam1 will be on Spring trials in Lam Dong, that means DS and MS is being produced at GSS...and we know they produced 25 kilos in Dec, and i cant think of a reason they wouldnt have immediately proceeded forward with their mass production...
if this is correct, then yea, news should be coming out shortly about that production...and following that, should be news about Spydasilk and on line sales along with a good amount of marketing...if they are going for tonnage of DS and MS it HAS to be for Spydasilk...and quite likely others who have already requested samples and likely want more to commercialize whatever product they are interested in making with spider silk...
but MS?...i thought we took MS out and shot it and buried it?...it seems that DS is what will be used for clothing...what would anyone want MS for?...possibly gauze, bandages and maybe gels?...im guessing MS would be good for those since you wouldnt necessarily need high strength or elasticity...beyond the ordinary anyway?...
thanks...not bad for being high at the time i wrote it...i just now read it...it was decent enough..maybe all those night classes trying to get my GED helped after all...but im sure others could have done better...
“Just stating the FACT that up until now, none of the technological breakthroughs amounted in commercialisation of any type.”
I believe the tech was sound but the worms failed…they kept trying to fix the issues with science believing that there was something wrong with the tech…
But the shortcomings were in the sericulture process and the breeding…the experts in those areas have solved the problem…
Kblb bred their worms with commercial worms…but science cannot replace or compensate for 40 years of experience and knowledge that the experts in the field have…
I always said that scientists could create the right worm and have it function well in a controlled environment…but take that worm out of the controlled environment and have it do well under real world conditions and that would be a different story….
And it was over and over…we were at a point where scientists, who only had a familiarity with sericulture, was not the answer…
Sericulture experts with many years of experience is what was needed…and 10 or 11 years ago, they may not have been able to help…but in those passing years, transgenic silkworms came into prominence with thousands of places around the world getting involved…that increased the base of knowledge…for everyone, including sericulture experts…
That is sometimes the problem with cutting edge tech when you need the assistance of others who do not yet understand or have the necessary experience with that tech…
It took time for things to come together…
And the time has come…
we had amatuers running everything previously...we have hired a well known materials expert, 2 experts in sericulture, 2 experts from India qualified to build and operate sericulture facilities as well as cultivate and breed worms...we also hired sevarl scientists from Notre Dame when Frazier retired and that program was terminated...
the changes that have been made to the protocols and proceedures at the michigan lab, GSS and Prodigy have been profound...a December test run produced 25 kilos of superior quality DS that kim stated proved the production capabilities....a new improved and more robust worm based on DS called Bam1 has been developed and is in trials right now...
Lam Dong opened it doors to kblb and we now have a large facility there capable of production and "will also serve as the distribution and collection hub for the resulting recombinant spider silk fibers, yarns, and fabrics."...kblb has signed an MOU with LAREC and VSA...
kim has begun putting pr's out almost every week...hes making all the right moves and hiring all he right people and its all working as it should...the pr's from Dec to now pretty much tell the whole story...
imo, everything shareholders hoped would happen for the last 13 years, is finally happening...Bam1 will be tested at the new Lam Dong facility...but it is believed that GSS has been in production of DS ever since Dec when they did the test run of those 25 kilos...some believe we are due for a pr about production soon...
it appears to me that we have new investors buying in that are driving the pps higher...normally we have 50 or less trades per day...today there were over 200...with 3 mil shares traded...and closed at the high of the day with a 100k share buy...for a 19% rise...on a friday with a 3 day weekend coming up...that aint normal...that is people wanting in...
so far the pr's have been decent and frequent but not universally regardged as huge...i think huge news is coming...
i also think that kim is managing the pr's and hes doing a good job of it...hes wants the pps to rise up and take off with huge news from a higher pps....when we were still stumbling around, kim didnt care about the pps...he just said it will do what it will do...i believe he knows success is imminent and he is actively managing the pr's for maximum pps benefit...
i consider the Dec news about the production of 25 kilos of DS that proves the production process, to be huge...to outside eyes, it will not seem to be such a big deal....but to those with intmate knowledge of kblb, should understand that it was a watershed moment...
the news from the other day about setting up business in Lam Dong was also huge...because of what it means and what it portends...Lam Dong is the center of sericulture in Vietnam...they turned kblb away years ago...they have now given their approval...their seal of approval if you will...that is huge...
but the facility is not just for production...it "will also serve as the distribution and collection hub for the resulting recombinant spider silk fibers, yarns, and fabrics.".....
"Securing this new facility is happening in parallel with the Company’s recently announced MOU with the Vietnam Sericulture Association (“VSA”) and Lam Dong Agro-Forestry Research and Experiment Center (“LAREC”). " (seal of approval)...
"The Company selected this facility and is opening this new operations center to support the significant expansion of silk production scheduled for spring 2024."
i am straight up, no doubt about it and unreservedly drinking the GDAM KOOLAID...
"Like mojo, I also think there are a good many new investors that bought in today. If true, it is a good sign."
in the last 9 trading days, there have been 7 days that saw a million shares traded...one was a 2mil day and today was a 3 mili day...that is unusual volume...and it is sustained volume...so far...
we have had pops before in the PAST where the pps rose up and dropped just as fast...if you look at the charts, you can see, as in May, where the pps went straight up and straight down...i attributed that to existing shareholders jumping in for a quick trade, buying more or selling...
but for the last year, kim has been releasing news that i saw as significant...and he has accelerated that pace since Dec...and the news is bigger than what the share price indicates...i think there are more eyes on kblb than previously and some are buying...maybe in Vietnam or India...i dont know...but if the news keeps coming, and there is every indication that it will, the pps has no where else to go but up...
those yorkville investors who bought up those hundreds of millions of shares have not sold...they may in fact start to buy more...and when they start, it will not be in the thousands...and they will likely tell others they know about kblb...
all sorts of possibilities...all dependent upon kblb succeeding with mass production...which imo, is a done deal...
i forgot to state the point i was making which was that this time, the pps and volume are rising steadily and consistently...its not a straight up and down move...its more gradual...which is a good thing...and is coinciding with the technicals going positive...not the least of which is the golden cross...
gosh i just love my posts!...i think i may frame this one...
now...if we get news on tuesday, the pps will do what it will do...probably breach .07....but the fact is, the technicals are looking toppy...under normal circumstances, i would expect the pps to rise and then drop back down a bit and regroup...the stock cant continue to rise without a pullback....but if the news if fantastic, well the pps will rise no matter what...if the news is just generally decent but not huge, we will have a pullback soon after...i think the pullback will be short lived...seems to be too many new investors wanting in for the pullback to last very long...
"Oh and to make sure I stay on topic regarding the stock we all know what’s going to happen late in the day so don’t get all worked up over today’s slight rise… profit takers will swoop in and down she will go just like always"
3 mil shares traded today...583k shares traded in the last 6 min of the market day...the pps ended at the high of the day with 100k shares bought at that price...
the stock went over .04 and stayed above it starting 1-30-23...since then, kblb is up about 70%...
clearly there are new investors taking a position in kblb...there were over 200 trades today...way more than normal...the volume is way more than normal...and has been recently...the pps hasnt been this high since May when it hit .07 for a minute...we have to go back to August of 2022 to see a price consistently that high...
you have been completely dead wrong and will continue to be...i have told you and the others that simply looking at the past is foolish...but none of you would listen...now you see what is happening and you surely regret having sold...oh well live and learn...
you and the others are losers...at least be gracious losers and just walk away...
"Mojo, you are never wrong."
i may be wrong one day...we shall see...
"It’s tough for the rest of us, faced with a handsome, rich, intelligent guy who walks on water."
i wouldnt know...i can imagine it must be...but walking on water is overrated...its really not particularly useful...
" I simply can’t wait to read your next insightful and inspirational post on this board."
my posts are not that great...they just sound that way when replying to moronic posts...
" Luckily I can go back to your old posts and reread them any time I get lonely."
sure...just put them in your spank bank...
"I’m sure I speak for everyone on this board"
pretty sure you dont...
"Thank you for gracing us with your presence."
i was here long before you showed up...now that i think about it, you certainly could learn an awful lot going back over my posts..enjoy
Not that long ago, I posted that I was buying a bunch of shares at .03 and below when not many else were doing it because of the fear that the pps would continue to drop…
You were screaming that the pps was headed to one penny or less…the pps is now .0675…
You do the math…and I will continue to make you look stupid…
“Well, if it walks like a duck”
You are the duck…
“No, I was arguing your ridiculous valuation of the company.”
A buck by June?…you think that is ridiculous?…lol
What is you valuation of the company if they are mass producing and have launched Spydasilk with sales, revenue and marketing?…
Instead of just questioning everyone else’s prognostications, how about you put yourself on record…
“Exactly the response I expected from someone who really has no clue how to valuate a company.”
Great…then YOU value the company given the parameters I suggested…
The argument used to be that Kblb didn’t have and wouldn’t make anything…it was just a scam company…
Now you are arguing how much Kblb will charge for their product and how much they will make and what percentage will be in the clothing as opposed to Pima cotton…
Since you are arguing stupid shit now, I think it’s time you apologized to everyone for your stupidity and just took your clown show on the road elsewhere…
“I’d rather pay the millions back to Kim in time than add a bil shares to the os!!!”
A “billion” shares?…lol…not even close…wouldn’t have even been 25
mil shares…
"I’m sure investors would rather pay the interest on the loans when the company starts generating revenue than dilute the crap out of it back then!"
i would rather have kept the calm seas deal...it was far cheaper than when kim was loaning the company money...and yes, there was still dilution when kim was loaning money...he didnt just sell shares he had, he gave himself more shares, sold them and then loaned the money to kblb...
dilution was far better than the kim loans...
and i dont see why we should have been so scared of dilution back then when we ended up diluting hundreds of millions of shares in the yorkville deal...
i am glad we did the yorkville deal...even with the huge dilution...
and here we go...lmao...
all the losers who ranted and raved about kblb being a pos scam stock run by a crook are slowly realizing they have been dead stupid wrong and now want to crawl back claiming to own shares and will profit...
just like i said they would...
wheres all the whiners today?...i kinda miss them...they are good for a laugh...
"Mass Production proof will do it. Among other things. Like SPYDASILK Launch coming anytime"
my thoughts exactly...mass production is the reason everything else will happen but by itself would not really be a huge catalyst...it will be the Spydasilk launch, on-line sales, and the marketing that will (or should) go along with it...throw in some other good news that will be coming as well as media involvement (business and social) and that will bring in many new investors...and many will be well heeled investors trying to load up with a LOT of shares...that will drive the pps UP...
but its when we land on Nasdaq that the BIG money will come...
"Vanguard now owns over 42.5M shares"
and absolutely refuses to acknowledge or comment on blackrock's sale of fcel shares...
that tells everyone what they need to know about this pumper...
regardless of the charts, message boards, social media etc, i expect kblb to be worth dollars eventually...with the first dollar by June...
"Cup with no handle is no good, correct?"
not for me...i was waiting for the handle to form so i could buy some shares at a lower price...didnt happen...
the cup and handle technically did form...it just didnt form the way i wanted...when patterns form or take shape, they arent rembrandts..they are usually more like picassos...it can still be hit and miss in the way that you view them...thats why t/a is a lot more like art than science...
i have plenty of shares...i wanted to try for more if i could get the price i wanted at the right time...didnt work out...
you win some, you lose some...
lately we have had a lot more trades per day than normal...right around 50 or less has been the norm...we've had days of over 100...today, so far, theres been 53...
looks to me like we have new investors buying in driving the pps up...its not huge...but causing a slow rise in pps...
i dont know what to make of the cup and handle...normally the handle goes down then shoots up...but the handle was just sideways for a few days and now the rise is happening...more of a cup with no handle...lol...oh well...
“Until then”
You said Kblb was never gonna make it…it was toast…a scam…a scheme to make the ceo rich…nothing more…
But now you will whine and bitch “until then”…
LMAO