DROP-IN AND GO KBLB! HOLDING THE GOLDEN!!!
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Looks like they're in with a "competitor":
"Starting from the an idea centered around spider silk and its applications, after an insightful conversation with the CSO of Bolt Threads, we devised and developed a tunable construct which brings modular protein engineering in the realm of biomaterials."
I am aware and completely agree.
Check my earlier posts since the pics were released. We're on the same page.
GLTY and All! Holding the Golden!!!
I hear ya, Fastlane! I've worked in, for, around, MUCH WORSE! Hard to imagine any of those places created millions, yet, they did. Looks can be very, very deceiving.
One really needs to go check the Rust Belt cities out...
Chicago, Illinois
Baltimore, Maryland
Pittsburgh, Pennsylvania
Buffalo, New York
Cleveland, Ohio
Detroit, Michigan
Doing so will show you that KBLB's production facility is just that...A PLACE TO PRODUCE! Not much is needed to do so. All that matters is they can produce. With nothing showing what's on the inside, there is absolutely no way to know anything in regards to production.
Exactly, DS.
Years ago I worked in a factory for the premier manufacturer of countertops. The pictures of this facility took me right back to that one, except the countertop factory was probably a fifth the size of KBLB's. As a Middle Manager at the time, we managed to produce the first Million-Dollar Quarter in Company History. You'd never know it by the outside. And the inside was VERY questionable as well. All that mattered was we were able to PRODUCE!
Your efforts to provide us these pics are what should be thanked, LuvSilk!
I'm just trying to do my part to ensure those efforts aren't tainted by what some may think of the appearance of the building from the outside.
Before people start going off about how terrible that property looks, realize there are much worse properties here in the U.S.
Take a look at any of the older Industrialized areas around the country and you will see what I mean. And, yes, I mean the ones currently in operation.
I could take pics of ones in my local area equivalent or worse than this building. And, guess what? Those are for some Major Manufacturers. So, don't let the looks fool you. What's inside is what matters.
Admittedly, outside, yes. Inside is where the magic happens, though!
Very much appreciate your efforts, LuvSilk! Thank you for going above and beyond for everyone here.
It's definitely a good start for our manufacturing purposes. You'd be surprised how many multi-million dollar operations I've run whose buildings were smaller and/or more dilapidated. IT'S WHAT'S ON THE INSIDE THAT REALLY COUNTS! I understand your trepidations about getting inside and am thankful for the pics you did get. Once again, thank you.
GLTA! Holding the Golden!!!
Welcome, Cluck!
Just a rehash of the KBLB PR, Hope...
ANN ARBOR – Spider silk-based fibre producer Kraig Biocraft Laboratories has been awarded an increased investment licence by the Vietnamese government through which it will expand its recombinant spider silk production capabilities at its subsidiary, Prodigy Textiles.
Under the new license, the company’s potential investment cap has been increased to US$50 million which will facilitate ongoing plans to execute second phase expansion plans at the facility in the Quang Nam province.
It has been a busy couple of years for the Michigan-based innovator which in May first took possession of the manufacturing facility in Vietnam, prior to retrofit. “Our people on the ground in Vietnam are wasting no time getting this facility into operation,” said COO Jon Rice at the time. “We have outlined a very aggressive timeline for bringing the factory online and we are monitoring progress daily.”
The new license was awarded during a recent trip to Vietnam and was accepted by Rice has overseen activities in the Southeast Asian nation over this period. After reviewing the progress made under this first phase and meeting with company officials, the Vietnamese authorities authorized the expansion of the company investment in scaling up recombinant spider silk production.
“The granting of this expanded license is a demonstration of confidence in Kraig Labs and the potential our eco-friendly spider silk technology has to dramatically alter the global markets for silk and performance textiles,” said Rice.
Web: www.kraiglabs.com
Of course! I look to share the wealth.
GLTA! Holding the Golden!!!
No problem. It was the most comprehensive one I found which explained in detail not just the benefits but also, basically, the entire process.
Good stuff!
GLTY and All!
The article about the uplisting process just posted is a good one! Post # 161916
In it, I think it may have specifically revealed what the "small window" may refer to:
Particular scrutiny is given to the board of directors, including requirements that the majority of directors are independent and corporate governance committees are intact. We suggest that changes to the board are made well in advance of the uplisting process.
Great article about uplisting: http://gilmartinir.com/uplisting-to-a-national-exchange/
If you skip below the benefits you can read "what it takes to uplist." INCLUDING THE APPROVAL PROCESS. Very comprehensive.
Uplisting to a National Exchange
Uplisting to a national exchange is an important goal for many small, over-the-counter (OTC) companies, but it is one that needs to be vetted thoroughly. There are several important considerations including cost, ongoing listing requirements, timing, and adequate preparation.
Once your company is trading on a national exchange – either the NYSE or NASDAQ – you will see significant, tangible benefits:
1 | Enhanced credibility.
By holding publicly-traded companies to a higher standard, an uplisting creates higher levels of perceived credibility and legitimacy for companies that meet the stringent requirements set by the exchanges.
2 | Broader investor reach and visibility.
By virtue of trading on a national exchange, companies may meet the threshold for many Wall Street analysts to potentially cover the company with research. This will broaden visibility and extend reach to new investors through their sales organization.
3 | Expanded access to capital.
Many funds have mandates that preclude them from investing in illiquid and/or OTC traded entities, thus limiting shareholder access. Listing on a national exchange exponentially opens up the universe of potential investors.
4 | Increased liquidity.
Newly uplisted companies benefit from higher trading volumes and therefore greater liquidity. Liquidity can be a key factor in a fund manager’s decision to own a stock, as well as other structural factors. Studies confirm that after uplisting, companies often experience significant daily volume increases.
Once you decide to uplist, we suggest that you make a strategic plan with month-by-month deliverables and timing expectations. The process can be distracting for the management team, and it’s important to ensure that requirements are met well in advance of the application process. Specifically, there are a number of conditions that companies must meet in order to move from being traded OTC to being listed on the NYSE or NASDAQ; broadly speaking, these conditions fall into two categories: meeting listing requirements and successfully working through the application and approval process. Each exchange must meet requirements on an ongoing basis without any exceptions. That is why it is imperative to factor in long-term objectives and milestones when considering an uplist.
Listing requirements.
The stock must meet listing requirements for its price per share, total value, daily or monthly volume, revenues, and SEC reporting. The three requirements that tend to be the steepest to overcome and may require advanced coordination are the minimum share price requirement, shareholder equity standard, and the threshold for minimum number of shareholders.
Minimum share price. As it relates to minimum share price requirements, many companies need to enact a reverse split in order to meet the share price requirement. We suggest that you consider the timing of the split, either immediately preceding or in conjunction with the uplisting.
Shareholder Equity standard. Both the NYSE and the NASDAQ require companies that are cash flow negative to maintain 12 months of cash on the balance sheet. The company will often be required to raise capital in order to satisfy this requirement. Again, we suggest that this be carefully timed to coincide with a potential reverse split. We also suggest you consider the approximate number of shareholders that may need to be added to satisfy distribution requirements, which is the next major hurdle.
Minimum number of shareholders. Both exchanges require a minimum number of discreet shareholders. This can be achieved through a financing that is executed to ensure a specific number of shareholders are added.
Application and approval process.
The company must file an application and be approved for listing by the selected exchange. The application process includes detailed information on the major shareholders, management team, and reporting practices. Particular scrutiny is given to the board of directors, including requirements that the majority of directors are independent and corporate governance committees are intact. We suggest that changes to the board are made well in advance of the uplisting process. Sarbanes Oxley (SOX) compliance is also required.
After a company meets the requirements for an uplisting, approval can happen almost immediately or it can take a number of weeks. If an application is not approved, the exchange will often work with the company on solutions or extend the timetable. Keep in mind that it is in the best interest of the exchange to list your company! We suggest that any company considering an uplisting should be proactive in its plans to uplist and engage outside counsel to navigate the tedious process.
Timing and success.
All in, the timing and success of uplisting is not predetermined and can be uncertain. There are many variables in play, and several of the requirements should be considered long before the process begins. Given the effort and cost (direct and indirect) associated with uplisting, we recommend that you fully understand the process and have a solid strategy in place before proceeding.
It was between the lines.
Well, now that we're clear.
Because you said the following...
The company whose transfer agent writes stock certificates with known forged documents?
“He who is not contented with what he has, would not be contented with what he would like to have.” -Socrates
Isn't Olde Monmouth part of the OTC's Transfer Agent Verified Shares Program?
And as a member of that program they provide data to the entire OTC and have been vetted by the OTC.
By submitting this Credentials Request and providing share data to OTC Markets Group Inc. through the OTC Markets Group’s Transfer Agent Verified Shares Program, you acknowledge and agree that OTC Markets Group may use this data for compliance purposes, make this data publicly available on its websites, including www.otcmarkets.com, and disseminate this data on market data feeds along with other security related information.
Isn't the share price up over 500% since April?
The concern over the short term share price is of little concern to those who have done their DD and know what they own.
So the ENTIRE OTC MARKET IS COMPLICIT THEN!!!
Why? Because that TA (Olde Monmouth) you're talking about is a member of the OTC's Transfer Agent Verified Shares Program. What is that, you ask?
Let's see...
Why should transfer agents participate?
Accurate share information helps public companies build credibility with investors and brokers. Transfer Agents can provide their clients a higher level of service by automating the publication of current shares outstanding to the market. Together, OTC Markets Group and transfer agents can help issuers build trust and improve transparency. Effective January 1, 2019, OTCQX and OTCQB companies will be required to provide verified share data through a transfer agent who participates in the Transfer Agent Verified Shares Program.
If they are a company of ill-repute then they are potentially tainting the ENTIRE OTC MARKET. Who vetted them for this program? How could they possibly have missed the negatives surrounding them?
The entire OTC market!
At least 10 steps, Z!
It would be very welcoming. Be nice to silence some of those who question his communication skills.
Don't forget those who know what it takes directly or have done extensive DD on how to build a company from scratch with a product nobody has ever had before and can see similar movement in a company they have invested in here, called KBLB. Or can spot the capabilities in Executive Mgmt which are like those experienced before in settings similar to the company setting here. REAL LIFE EXPERIENCE plays a part in being able to assess a stock. Probably better than any speculation.
If one has that foresight or is able to tap into Mentors or others with the experiential knowledge, that can go a long way towards confidence or non-confidence in a particular stock.
GLTA! Holding the Golden!!!
That's what happens when the game slows down for someone. They can execute with confidence.
This is what I want to hear from MY CEO:
If the Company is going to show exponential growth, which is an essential part of our business plan, we need to kick open those doors.
We are arming ourselves with a battering ram. I intend to knock on those doors till the hinges come off and the path for our growth is wide open.
Good luck and good fortune to you and for all of us.
Thank you for your support and your input. If you chose not to take this ride and see these opportunities through with us I understand. There are risks, which I do not want to minimize. It is no my role, as I see it, to convince people to buy the stock or to maintain their investment. My role it to grow the Company and put in place a strategic vision for market dominance.
Done! Uplist!
EXACTLY!
Thanks 3Dcadman!
Or, that it's in the works.
So now he's a strategic thinker? Only when it comes to the nefarious? Wow
Astute deduction, M4N. Thanks for that!
Inquiring minds want to know!
I'll leave it up to the guy with the degree in Applied Economics and a background in everything related to small caps who just so happens to be an attorney to let me know what I don't know. So far, he hasn't let me down.
Thanks, Mr. T! Much respect for what you've done so far and where you plan on taking KBLB.
GLTA! Holding the Golden!!!
Think: Layers.
And don't forget your sunglasses. This is the time of year you need them ALL DAY!
At least we don't know the Loneliness of the Long Distance Runner around here!
That makes another multi-millionaire!
GLTA! Holding the Golden!!!