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.
Nobody selling or buying really
Others that have spoke him recently also said that he implied that no other PRs were planned to his knowledge, so I guess this is what we get until Friday...
ANN ARBOR, Mich., ā November 30, 2015 - Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (āCompanyā), the leading developer of advanced spider silk based fibers, announces a conference call to be hosted by Kim Thompson and Jon Rice on Friday, December 4, 2015 at 4:30 PM EST. The Company invites all shareholders and other interested parties to participate in the call.
Thompson, the Companyās CEO and Founder and Rice, the Companyās COO, will update shareholders on production, scientific milestones, commercialization strategy and corporate developments. Following the Company progress update, Thompson and Rice will hold a questions and answer session moderated by Ben Hansel. Shareholders are invited to submit question to IR@kraiglabs.com in advance of the call.
Interested parties are invited to dial the toll free number below.
1-866-906-9888 and when prompted, enter access code 9285926 followed by the # (pound) sign.
It is recommended that callers dial in approximately five minutes before the conference is scheduled to begin.
The Company anticipates posting a recording of the conference call on the Company website shortly after the call for interested parties who are unable to attend the call.
Conference call: 4:30 p.m. EST (Eastern Standard Time), Friday, December 4, 2015.
OT: Very cool video of the Darwin's Bark Spider doing its thing. Hopefully KBLB soon starts distributing silk so bountifully.
That's not how facts work though. I'm 100% sure that we don't have official notice of metric tons. I never said we didn't have it, but that we can't know. That's a fact not a belief.
I know I'm 100% right by not overreaching and making very conservative interpretations of what I read. There is every chance Bob may be right by jumping the gun, but it doesn't do anyone any favors as it won't make KBLB move faster. It's like sprinting in front a parade and guessing which float is next. It's fun if you're right, and you could be basing it off of older parades, but why not just set up a chair and watch some color guard and kids on fire trucks?
And I respect your opinion and appreciate some blind optimism in this world. All I want is for a spade to be called a spade and for us to appreciate that while we're all on a continuum about what constitutes proof, evidence, or etc. that at the end of the day, what we can know about KBLB (black and white, no uncertainty) versus what some feel may be happening (shades of gray from reading between lines) is a gap filled by points that some (like me) don't accept as evidence.
I'm a molecular biologist. I'm a scientist. The world is a magical place full of wonder, beauty, and mystery. That said, I can only publish on that which I can prove within a reasonable doubt. I can write poetry about the rest. For my relationship with KBLB, I require the same high standards of evidence that I do in any aspect of my professional life.
If this was a hobby, I'd take anecdotal evidence all day and night, but as I'm trying to use this investment to better my lot in life, I personally need to make decisions that are convincing to me. And if folks take soft evidence (especially in the form of optimistic promises from a chronic overpromiser) that's their prerogative but I want to participate in this board and as such it is my responsibility to ensure that people don't start twisting words (MOU does not equal contact, Hope to have deals is not a guarantee but would be nic, etc) and basing whole theses on them. KBLB will succeed. That is the opening line to my thesis. I'm waiting on he evidence before I make conclusions, is all.
I have no problem in the world with optimists, but as a person of science I'm insulted by loud, confident rubes.
We're barely even trading. Nobody knows or cares about this company because there's too much in the dark. This is what languishing looks like, not growth.
One day that will change. I just think it could be further off than some are willing to admit. It could absolutely come earlier, but with every day that passes without real news, more must be happening behind the scenes that is being done in the shadows.
Kim should have convinced Fraser to go private if this is how we wanted to run it. Right now, we're an obscurity while goats STILL GET GLOBALLY POPULAR PRESS BI-MONTHLY.
We're barely off the ground, as far as they're willing to communicate. I'm worried KBLB is only at risk of becoming a possible failure because of mismanagement and poor salesmanship by Kim early on and still today (as far as we know)
I believe in concretely phrased words. Not "We plan" or "We hope".
If a publicly traded company with the credibility of the parties involved with KBLB says "We have signed" or "We have produced xyz tons and have shipped it to", I accept that.
The wishes may as well stay in the well.
Ridiculous interpretation. Obviously Kim runs the business side. My point is that THAT side is the anchor holding back disruptive science.
So far, KBLB is all Fraser. Fraser I trust. Fraser follows data and is very good at his job. Kim is not Malcom.
Your perception is in no shape or form proof. The language used gives so much wiggle room that you simply can't assume. If it was definite, the language would be more firm.
It's not to say it's NOT true, but you just blindly believe while some require actual hard statements before we're willing to call something obvious.
Another discussion of OTC Short Report from iHub
Edit: This isn't evidence or anything, just a post with someone sharing the concern that provides some contact info for any interested.
I have read here many times that after hours trades on our exchange are often just large brokerage firms (Fidelity, Vanguard, etc) pushing through their days activity at EOD. Is that true? And if so, is there any way to tell the difference?
I was under the impression that any normal trader can't do after hours trades on this exchange, but I fully admit my ignorance on the broader topic.
I have ethical issues with almost everything you said in that post.
I want to get my info from the CEO directly because that's what up-and-up companies do. I'm reminded of two items:
1) Please watch Eugene Mirman's new standup to see a real-world example of someone setting up a faked LinkedIn profile for fun. The internet is not fact checked. Anything you learn from an indirect source could be misdirection, misunderstanding, or any form of misinformation. That leads me to point two
2)
I can't BELIEVE that KBLB hasn't written or commissioned a halfway decent pop-sci article to pass onto IFLS on Facebook. That's just short sighted as that page alone gets hundreds of thousands of views a week. There's a Wired article, but it's not 'pop' enough to be Pop-Sci.
You don't even need revenue to talk about the AMAZING science here, but alas, we languish in near-anonymity except within the textiles world. A little OUTSIDE excitement could go a long way here, I wholly agree.
Many have a greater understanding of the validity of Kraig based on personal DD, not limited to what's made public
There is a chronic lack of objectivity if one is unwilling to admit that which they cannot know. We cannot know who Kim is dealing with, so we can't know what they need before they sign a deal, and we can't know what we're making so we don't know WHEN we'll have what they need to sign a deal so right now, on July 22nd, 2015, nobody can know that we're going to sign a deal before December, and Kim didn't guarantee it. He 'hopes'. It's all any of us can do, but why is it such a scary idea that we may have to wait longer than the projections of a proven lifetime optimist when it comes to timelines?
I just don't see it being a major factor as to why we're at 4 cents. Are there people making money churning small amounts of shares through at odd prices? Sure. I'm not denying that. But that's not the reason we're at 4 cents, that's a reality of any stock when it's at 4 cents. It's a consequence, not a cause.
Kim's strategy is silence then explosion of news, and it's a choice that will lead to lingering PPS (hopefully) followed by explosions there too. Kim is why we're at 4 cents now, and since we're all invested here, we hope Kim is the reason we're at $1 later on.
Literally all I'm saying in all of this is that given Kim's strategy of keeping both his competitors and shareholders in the dark, it's your version of reality that involves conspiracies and individuals leaking info on LinkedIn that strikes me as fanciful. It's all just penny stock garbage that happens all over. We have to get out of penny land to get rid of the penny games, that's the only way.
Is it impossible (even laughable to you apparently) to consider that KBLB may not sign a deal until after December 2015? There's no situation which could cause a delay in the proposed timeline? What about Kim's predictions of commercialization in 2013 or 2014?
I believe the reason that we're trading at under 4 cents is that the investing market at large doesn't have enough information to feel confident investing their money. They don't know when commercialization will happen because we're all in the dark while KBLB sets up shop.
What we've got here on iHub is a lot of investors willing to take the risk. Our favorable outlook doesn't make the stock any more or less appealing to the average investor. This is a risk right now because we're in a black box of information on every edge. As the walls come down and information is released, on Kim's timeline and nobody else's, only then will the SP rise.
PPS will no longer be affected by doublings of doublings, going to conferences, or anything less than production and deals. The market has been very clear about that. It's not a mystery and it's not collusion, it's basic investing. Buffet wouldn't invest or recommend to invest in KBLB right now either because we simply don't have the data (other than our guts) to calculate the risk at all. It's faith, and that's got pros and cons. The intensity and rhetoric of faith is not limited to stock message boards and has been well-studied across fields.
Or after December.
It's not a connection that's at issue Yankee. It's the text in the profile. If you have an explanation, give it. Otherwise, it requires addressing by KBLB or at least Stan
Maybe this should be confirmed by Ben, Kim, or Stan directly?
I underestimated at the start actually, and was sadly correct. I'm not disappointed in the newsletter at all, as it is what it is AND is what I thought it would be.
I'm disappointed in the interpretation I have seen here today. All are too eager to buy into more fuzzy dates and to read too deep into the same types of broad language that KBLB has used in the past.
Is the future bright for KBLB? I think so. Is Kim going to have sales by the end of 2015? I'm doubtful given what we have seen and heard about the facilities involved, but I'd happily revel in my wrongness if it came to fruition.
At the end of the day, the market agrees with my interpretation of the newsletter: Underwhelming in any cross-section. I don't feel the need to further explain my position, but I will say I'd rather you were right. I get no satisfaction by correctly predicting that the newsletter would be a dud. I actually want KBLB to succeed as opposed to some posters (not you of course).
I feel confident that once Kim talks in definitive units, measures, and dollars that everyone will be much happier. We can find common ground there.
News implies new.
Textil NA: A few hands shook, good to do, but nothing concrete has come from it yet (it's early, of course). It's always good to network, but I was hoping they were doing that throughout. As is, that's not really news to me. This wouldn't have been precluded during a quiet period, so if they thought it was newsworthy, they could have released it earlier. Remember the awards show we didn't even go to? Why did that get a PR and not this?
Numbers: This is more doubling of doubling! Nothing actionable. 75% more efficient than what? What does that mean for production timing? Not news you can act on.
Patents: Public record, not news. I think our IP game is a strength, but we knew this given Kim's experience in the area. Still a strength, but not news. Kim is in no position to predict when the patent office will make things official. Remember the joke of an S-1 process we just had?
We are working with potential key partners now
When driving a vehicle, one doesn't go from 0-100mph automatically....
For the first time in a long while, KBLB posted a definitive timeline for the Spider Sense Newsletter....the 29th....
Lo and behold, it's here.
Kim is almost certainly incapable of meeting those types of timelines. One has to see this. He's a chronic Overpromiser (we share that, and it's not something I brag about)
I think I was right in that there simply was nothing to read, so why rush it out. What a complete farce this carrot was.
Still pro-KBLB science, but way down on their business accumen. This was bush league.
Insert key quote here?!
Wow that was a worst case scenario for me. Yeesh.
To clarify: I'm not counting out the day or anything, but just wondering about the strategy of not giving folks time to read pre-market, unless there's not much to read...Hope it's just the same general malaise we're used to and nothing more.
It's a little over one hour until market opens. I can't see the logic in not releasing this like a PR at 6:30a.
"It would be like reading old PRs"
When I heard about Spider Sense, this is all I ever expected it would be. I'm almost sure they won't release anything novel/material. Just a summary of what we know. Hope I'm wrong.
It is a follow-up to the company's hybrid Monster Silkā¢, which is on track to be in commercial production in the first half of 2013, reports CEO Kim Thompson.
pr it now, put it out again when the legislation is approved and put it out there again when he has the money in hand...
Exactly. If you use 'jumping genes', they can jump. Newer, 'footprint-free' genome editing techniques (piggyBAC, CRISPR/CAS, etc) don't leave behind the jumping instructions. That puppy sits AND stays.