DROP-IN AND GO KBLB! HOLDING THE GOLDEN!!!
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Exactly, KB! That's what I'm telling those I've referred to both KBLB and this board who are panic-stricken by what this board has put out there.
Cooler heads will prevail.
IMO, the chess master (MR. T) is moving the pieces into place for Check to set up his next move to be Checkmate!
GLTA! Holding the Golden!!!
Enjoy!
Say Hello to Fairbanks for me if you're up that far, Banana!
Again, I have to agree with you. It goes back to my thoughts on this being "Training Camp" right now for KBLB. Whatever happens doesn't really matter, per se, until the "Regular Season" starts. To me, the "Regular Season" is when Mass Production is enacted. Right now he's getting things in place. Like you said, take the hits now. A critical interception in the Pre-season definitely pales in comparison to one thrown during Regular Season and even worse: Postseason.
The misunderstandings surrounding the reasons for an RS had to be expected. It was a chess move that shareholders don't understand. And as owner of the company with, yes, controlling shares, Mr. T can do whatever he pleases. The market reacted to that yesterday. No way he didn't know that was a possibility. It's a strategy. Right now it doesn't matter if we understand. My confidence is in him to do what's best FOR THE COMPANY. My shares will follow in accordance with that. Good or Bad. I'm still holding because I believe the Good outweighs the Bad.
Thanks for sharing, Sick.
Exactly, Banana!!! I fully support everything you said and will be voting YES as well. Common rationale will prevail over rumors any day. IN THE LONG RUN! When all is said and done, those left holding KBLB shares will be duly rewarded.
GLTA! Holding the Golden!!!
Exactly, Hikingguy!
And only one of many options. Albeit, it may be the option chosen, nobody knows (Not even Mr. T knows for sure yet) but, still, had to be disclosed.
Thanks for your posts yesterday and continued explanations. Very much appreciated.
GLTY and All! Holding the Golden!!!
Looking forward to your insights.
Any news to report from Vietnam? Pics? Anything?
By law he was required to state his intentions before the SH Meeting. What will be interesting is how he responds to the questions in regards to this subject at the meeting.
"Are there BOD nominees seeking the uplist sooner for purposes we are not yet aware of?"
Good question
There are just so many options!!!
(Spoken like Will Ferrell in "Stepbrothers" saying "so many activities!")
GLTA! Holding the Golden!!!
"he has to have the authorization to act if needed"
Clear as day, he's putting the company in a position to do what has to be done when the time is right!
GLTY and All!
Perfect summation, DS!
Exactly, Jet!
RS is a 12-month option per KBLB SH Notice:
Procedure for Effecting Reverse Stock Split and Exchange of Stock Certificates If the Reverse Stock Split is approved by the Company’s stockholders, and if at such time the Board of Directors still believes that a Reverse Stock Split is in the best interests of the Company and its stockholders, the Board of Directors will determine the ratio of the Reverse Stock Split to be implemented. The Reverse Stock Split will become effective as of 12:01 a.m., Eastern Time on the date specified in the Articles of Amendment as filed with the office of the Secretary of State of the State of Wyoming (the “effective time”). The Board of Directors will determine the exact timing of the filing of the Articles of Amendment based on its evaluation as to when the filing would be the most advantageous to the Company and its stockholders. If the Board of Directors does not decide to implement the Reverse Stock Split within twelve months from the date of the Annual Meeting, the authority granted in this proposal to implement the Reverse Stock Split will terminate.
Thanks for the reminder, DT!
Appreciate the post to the board, Banana! Thanks!
GLTY and All! Holding the Golden!!!
Without having the full story from "the man himself" everything is speculation. Some speculate he's an idiot. Others speculate he's a genius. Then there are those in between. Regardless, where the company stands right now, today, one cannot deny is better than where it was years ago. Heck, even 85 days ago!
If one had to sell another on which of the Spider Silk companies had the best chance of being a sustainable success, once all the information was gathered and compared, without a doubt, one would have to choose KBLB.
Wouldn't they?
All this time I thought you felt Mr. T had the God Complex. Everything makes sense now.
One of the Goo Co.'s probably have the rights to that one anyway.
So, SilkZilla is definitely out?
"nope...just a worm farm"
Most valuable worm farm in the history of worm farms is about to make you richer than your wildest dreams!
What's your favorite? Spider Worm TM or Monster Worm TM?
Elaborate?
A refresher of KBLB's potential:
(Taken directly from the most recent KBLB Annual Report (10K), March, 2019)
License Agreements/Intellectual Property
We have obtained certain rights to use a number of university created, and patented, spider silk proteins, gene sequences and methodologies.
Between 2010 and 2014 the University of Notre Dame filed approximately twelve patent applications pursuant to our intellectual property and collaborative research agreement. Under the terms of that agreement the Company has an option for the exclusive commercial rights to that technology. The Company has notified the University of its exercise of that option.
These patent applications include coverage in the United States, Europe, South Korea, Vietnam, Brazil, India, China, Australia, Japan, and Canada. As of the date hereof, two patents have been issued, number 10-1926286 in South Korea and number 2011314072 in Australia, all remaining patents applications are still in process.
In 2014, seven trademarks were issued to the Company which it intends to use for product branding in the future.
Trademarks:
Marks Registered Owner Country Status
Dragon Silk TM Kraig Biocraft Laboratories United States of America issued
Monster Silk TM Kraig Biocraft Laboratories United States of America issued
Spiderpillar TM Kraig Biocraft Laboratories United States of America issued
Spilk TM Kraig Biocraft Laboratories United States of America issued
Monster Worm TM Kraig Biocraft Laboratories United States of America issued
Spider Worm TM Kraig Biocraft Laboratories United States of America issued
Spider Moth TM Kraig Biocraft Laboratories United States of America issued
As of the date of this Report, the Company’s research and development efforts are focused on growing their internal capabilities, but will consider renewing funding of the collaborative research and development of high strength polymers at Notre Dame in 2019. The Company has been actively pursuing the development of the commercial scale production of their recombinant materials including Monster Silk® and Dragon SilkTM. Additionally, the Company plans to accelerate both their microbiology and selective breeding programs, as well as providing more resources for their material testing protocols in 2019.
The Market
We are focusing our work on the creation of new fibers with unique properties including fibers with potential high performance and technical fiber applications. The performance fiber market is exemplified by two classes of product: aramid fibers, and ultra-high molecular weight polyethylene fiber. These products service the need for materials with high strength, resilience, and flexibility. Because these synthetic performance fibers are stronger and tougher than steel, they are used in a wide variety of military, industrial, and consumer applications.
Among the users of performance fibers are the military and police, which employ them for ballistic protection. The materials are also used for industrial applications requiring superior strength and toughness, i.e. critical cables and abrasion/impact resistant components. Performance fibers are also employed in safety equipment, high strength composite materials for the aero-space industry and for ballistic protection by the defense industry.
The global market for technical textiles was estimated at greater than $234 billion in 2017.1
1https://www.alliedmarketresearch.com/technical-textile-market
These are industrial materials which have become essential products for both industrial and consumer applications. The market for technical textiles can be defined as consisting of:
?Medical textiles;
?Geotextiles;
?Textiles used in Defense and Military;
?Safe and Protective Clothing;
?Filtration Textiles;
?Textiles used in Transportation;
?Textiles used in Buildings;
?Composites with Textile Structure;
?Functional and Sportive Textiles.
We believe that the superior mechanical characteristics of the next generation of protein-based polymers (in other words, genetically engineered silk fibers), will open up new applications for the technology. The materials which we are working to produce are many times tougher and stronger than steel. These fibers are often referred to as “super fibers.”
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And that's just scratching the surface of what the company has going on and what the CEO has to strategize for. Yeah, I'd say more than just worm farming.
GLTA! Holding the Golden!!!
Charming
Applicable in at least these three company areas of focus:
Potions, Products, and Processes!
New company slogan can be...
"KBLB, more than just a worm farm!"
GLTA! Holding the Golden!!!
That says it all, Jetow!
GLTY and All! Holding the Golden!!!
Exactly, SR. Anyone can put together a business. Building a sustainable one requires much more. No matter the product/service. But, this...this is off the charts!
Smart of our CEO to tap into an existing labor force and infrastructure already familiarized with how to produce what we need. Love that guy!
GLTY and All! Holding the Golden!!!
And to have the perspective of all those years hoping and wishing the developments would bear fruit...
Truly a good time to be a KBLB shareholder!
Worm Farming is hard work!
Don't let anyone tell you differently. Why do you think we went to Vietnam? Nobody here wants to do it! LOL.
It's so funny when the volume of work needed to bring a company of this magnitude to fruition is minimized as if all it takes is simply hanging up the "We're Open! Come on in!" sign.
And the, "He only had 10 years to do it" is getting pretty stale. Getting it right in the lab is one thing. Getting it right in real-world applications as you attempt to build a sustainable company around the technology is on a completely different scale. With the game-changing product they're producing, I say, "IT ONLY TOOK 10 YEARS?!"
Considering the Commercialization of Spider Silk on a Mass Scale has eluded MANKIND since, forever, one should think it takes way more than simply putting together a worm farm. Otherwise, Vietnam, China, and a host of other native Silk-producing communities would have cornered the market way before now.
If one cannot understand that, then all I can say is, "To each their own."
Regardless, to everyone I say Good Luck! I'm happy to be...HOLDING THE GOLDEN!!!
Ahhhh…another wonderful day in KBLB Land…
Another day closer to Mass Production of Spider Silk.
Another day closer to Commercializing Spider Silk on a Mass Scale.
Another day closer to Riches!
What Great Days for us KBLB shareholders.
The Future is Bright!
GLTA! Holding the Golden!!!
I agree with your logic, Hikingguy.
Or, maybe he joined Toastmasters and is looking to show off his new abilities? What better crowd to test one's powers of persuasion than a group of KBLB shareholders?
Nah, he couldn't have had the time to do that while he was structuring the company for a sustainable future. But, he's going to break away from that to speak to us shareholders. Nah, can't be meaningful at all. Especially when his credo is, "When announced, then it's solid."
So, yeah, I am onboard with you 100%! He definitely must have something positively solid to announce! To think otherwise would be, well, illogical!
GLTA! Holding the Golden!!!
Not sure how far away your retirement is or how much you've invested to this point, but, you should be close, right? Maybe Q3/Q4 this year will suffice? Guess it all depends on what your retirement goals are.
R-E-L-A-X...
Mr. Thompson is in FULL CONTROL!
Those who doubt his strategies fail to see the BIG PICTURE!
KBLB is not about NOW. KBLB is about the FUTURE!
The Future=SUSTAINABILITY!
KBLB=SUSTAINABILITY
Guarantee Mr. T is more concerned about ensuring KBLB's sustainability than anything else.
IMO, right now is "Training Camp." The next step (production) is the "Regular Season." He's not focused on building just a "win at all costs this year"-type team. He's in the process of building a dynasty! The difference is like putting all efforts into producing a strand of Spider Silk versus Mass Producing AND Commercializing Spider Silk. One championship versus MANY!
GLTA! Holding the Golden!!!
Exactly, Z!
It seems some "repositioning" is going on right now.
IMO, then you know those with short-term interests are the ones selling here.
Time, as it grows old, teaches all things.
Holders do!
You are SO right!
GLTA! Holding the Golden!!!
Exactly, Banana! And I'm sure Mr. T knows exactly which way he wants to go with things. He is definitely in CONTROL! In more ways than one.
GLTA! Holding the Golden!!!