DROP-IN AND GO KBLB! HOLDING THE GOLDEN!!!
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Same, Z!
Holding the Golden!!!
Exactly, Col!
Absolutely correct, Golferman!
Which Milliken product would Spider Silk, brought to you by KBLB, not add value?
http://www.milliken.com/en-us/pands/Pages/industrial-textiles.aspx
I'm sure they at least saw the potential.
I'll take a stab at it...
Ding, ding, ding!
That's how I see it, too, beacham. The strategy is being revealed without revealing too much. Others may not like it, but, I'm enjoying it all.
Holding the Golden!!!
For better or for worse.
In sickness and in health.
Till Death do you part.
Remember that last line, too, because, unless you plan on willing your shares, better enjoy them at some point. A little more boost and I may begin my planning for a trip to Vietnam to check out their "Silk District."
Holding the Golden!!!
Mojo? Is that you? LOL
Perfect Summation, Silk!
GLTA! GO KBLB!!!
Been saying it for years...
I agree, Z! Holding the Golden!
I hear ya, Axolotl. Profit is profit, right? Basic Investing 101: Buy Low/Sell High.
KBLB is like the ultimate test of one's patience. Longs tout when they bought in at .03-.06 and are holding out to maximize the profit for them. Others have done their due diligence and entered the game just prior to April 17, watched as the stock did what they thought it would do, and sold out. Maybe not all, but just enough to laugh all the way to the bank. Some got their max return when the stock hit the ATH of .507. Others found their exit points going up and coming back down. IMO, another run up is due and will provide the same opportunities. For both longs and newbies.
All in all, this stock is a true test case in the potential a penny stock holds for those risking their investment in it. Like true warriors, those holding the longest will share their tales of the days of yesteryear when the stock was in the pennies-holding and holding to drain every last bit of profit they can from the stock. While the newbies will come in and whoop and holler about how they got their quick profits, then disappear as fast as they entered.
As long as they're buying low and selling high, it's all good! Profit is profit. To each their own. IMO, the times of "letting your money rot for 7 years" are over! GLTA!
I cannot take credit for the potential hysterical panic to buy-in to KBLB. The company/stock itself will be solely responsible for that.
GLTA!
Especially when one considers how long we were hovering around a nickel just hoping for a pop to a dime!
That dime came and went so fast, it's hard to believe all that has pushed us to this new base has happened in just two months. But it's new territory for the stock and those who follow the company can "feel it." This is why we invested in this company.
Even those selling their shares are doing it with confidence knowing they are taking profits now and there will be more profits to be taken in the future. Buying in at a dollar and selling at $5 is no different than buying in at $.06 and selling at $.30. In it's simplest form: Profits are profits. IMO, we're in for a very profitable run!!!
Exactly!
I've been begging for a hint as to what SOP's and basic Supply Chain protocols KBLB will implement. Something tells me Mr. Thompson and Co. will be adhering to many of the principles Milliken does. Thus the reason for the slow, methodical process to this point. Can't rush "doing it the right way."
Yes, mistakes and missteps have been made. But, in looking back we can see how those are all a part of the "process." Any company's process isn't a steady, straight up trajectory. The future is bright, for sure. May we get more KBLB PR's in the morning followed by partner news in the afternoon!
IMO, we should all be even more stoked than we were when the Polartec news was received. Each move forward shows greater strength for KBLB as a whole.
Go KBLB!!!
Dollar Signs AND Integrity!!!
If KBLB emulates Milliken we will all be rewarded justly. If they want to conduct business with them, they will obviously have no choice...
Milliken's Supply Chain Disclosure:
Milliken is committed to treating our suppliers, customers, communities and environments with the highest level of integrity and respect. That commitment is reflected in our strong supply-chain relationships, high-quality products, employee welfare, community reputation and minimal environmental impact. As a socially responsible family of companies, we believe that our supplier partners should share this commitment.
Milliken is very proud of its own internal Code of Conduct, and we require that all of our employees reconfirm their compliance with our Code on an annual basis. Similarly, we expect our suppliers to uphold the ethical business principles of our Supplier Code of Conduct? (or their own code if it is substantially similar) and the highest, applicable international standards.
Our Supplier Code of Conduct prohibits child, forced or involuntary labor of any type (including forced, bonded, indentured or involuntary prison labor). Employment must be voluntary. Milliken reserves the right to terminate its relationship with any supplier who refuses to comply with the ethical principles of our Supplier Code of Conduct.
As part of our global procurement process, Milliken evaluates our supply chain for risk, including human rights and labor risks such as child, forced or involuntary labor. As appropriate, Milliken may audit our suppliers. Given the nature of Milliken’s business and the high quality of our suppliers, we do not typically utilize third party auditors to audit suppliers. Milliken’s third-party, anonymous (if allowed by the laws of the caller’s country) Alert Line hotline is available to all Milliken employees as well as our suppliers. All are encouraged to report any violation of the Supplier Code of Conduct to Milliken’s management or via the Alert Line.
All Milliken employees undergo annual training on our Code of Conduct. Selected training is available to certain of our suppliers as well.
Further information on Milliken’s commitment to corporate social responsibility is provided on Our Values and Sustainability web pages.
The Milliken's ranked on Forbes Richest Family List...
https://www.forbes.com/profile/milliken/#2e830cc7102f
They may have dropped off in 2016, but, that doesn't change the fact they are worth Billions!
I concur!
Our PR this morning then news about the Polartec buyout by Milliken (as you said, "a stronger company") in combination with the increased PR's overall within the past three months, um, how can one following KBLB not see what's going on here? IMO, this is all setting us up for a BIG BANG! Q3 is just 20 days away! Exciting times, for sure, in KBLB Land!
Tell me Spider Silk can't enhance this product line...
http://www.milliken.com/en-us/pands/Pages/industrial-textiles.aspx
Milliken manufactures custom-engineered textiles for a variety of industrial markets including automotive (hoses, airbags, interlinings, tires), building and infrastructure products (concrete cloth, geomembranes, and fabric innerduct), reinforcements, industrial products (duct fabrics), and filtration products.????
???
?
Automotive Cap Ply
Milliken delivers a wide range of technical textile products to the automotive industry, including tire cap ply, chafer, bead wrap, non-wovens, belts, and hoses. Learn more about MillCap™ cap ply tape>>?
?
MaxCell® Innerduct*
How do you re-wire cities for the 21st century without tearing them apart? MaxCell® innerduct is a flexible fabric innerduct that enables companies to overlay, or run, additional cables into existing cable conduits. Learn More>>
Industrial Reinforcements
Milliken delivers a wide range of industrial reinforcements for the construction industry, including those for roofing, flexduct, wallboard, flooring and signage. In addition, we provide reinforcements for rubber (conveyer belts, print blankets, cords), tapes, and abrasives. Learn More»
Eminus™ Nanofiber Products
Milliken introduces our patented Eminus™ nanofiber products. Eminus™ nanofiber products are high volume webs, containing continuous polymeric nanofiber, with controlled fiber size distribution, engineered depth and pore size. Eminus™ nanofiber products deliver performance advantages, providing design opportunities for your markets and applications. Learn More>>??
Concrete Cloth™ Fabric
Concrete Cloth™ fabric is a three-dimensional fabric impregnated with a specially formulated cement mix. It can be installed on slopes, in water and in other hard to reach places, with no molds or forms, no mixing, and minimal equipment – making it ideal for many infrastructure applications. Concrete Cloth™ fabric makes concrete easier and more convenient to use – changing the very way you think about concrete – while maintaining its core structural integrity and strength. Learn More>>
Structural Strengthening Products
?RenewWrap™ and FireStrong™ strengthen weak concrete and masonry structures. Simpler installation and fire-rated are just two reasons why engineers and contractors specify Milliken. Learn More>>
Geopolymer Reinforcing Products
?Whether it’s rehabilitating pipes, culverts or infrastructure, Milliken’s line of geopolymer reinforcing products offer the most cost effective, high-performance, eco-friendly solutions available. Learn More>>
Infrastructure Solutions
?Milliken’s has a broad line of contractor-friendly solutions that extend infrastructure life and lower total cost of ownership all while being gentle to the environment. Learn More>>
??
Vis™ Divide and Vis™ Tape
Vis Divide is an innovation in conduit that provides added efficiency and a lower system cost. Vis Divide is a rigid HDPE conduit that contains a fabric liner that creates dedicated pathways to allow the placement of multiple cables in a single conduit. Vis Tape is a powerful new pull tape that offers unmatched levels of accuracy, legibility, softness and durability.
Please link to visisthefuture.com? for more info on these products.
* MaxCell® is a registered trademark of TVC Communications, a division of WESCO Distribution, Inc.
??
CrystalFlex™ Fabric
Milliken’s Crystalflex™ fabric is a uniquely engineered knit suspension fabric designed specifically for use in aircraft seating support diaphragms. It has remained the industry standard since its debut in 1996. Over the past two decades it has enabled the continual evolution of aircraft seat system design towards maximizing passenger comfort and reducing weight and fuel costs, while optimizing seat system and assembly economics. Crystalflex fabric is lightweight, flame retardant, high-strength, breathable, recyclable, reliable, durable and proven. Learn More>>
Hard to temper one's enthusiasm when it's so very easy to see how KBLB fits into the mix here.
Pieces are coming together. Can't wait to see what else is in store for us!
Go KBLB!!!
#65 Milliken & Company
Industries
Engineering, Manufacturing
Country
United States
President & CEO
Halsey M. Cook, Jr.
Headquarters
Spartanburg, South Carolina
As of Apr 17, 2019
A performance and protective textiles, specialty chemicals, and floor covering manufacturer, Milliken & Company makes 18,000 products. Among them: fabric for cars interiors, airbags and chemicals used to produce colors for marker pens and to give texture to food products. Milliken & Company traces its roots to the Deering Milliken Co., a woolen fabrics jobbing firm founded in Portland, Maine by Seth Milliken and William Deering in 1865. The company now has 45 factories worldwide.
On forbes lists
#65
America's Best Midsize Employers 2019
FORBES Best Mid-Size Employer's List 2019:
Everything for a reason, right?
Yeah, I referenced the military connection in an earlier post as well. A LOT to like and speculate about with Milliken.
May we all retire off the fruits of their labors!
GLTA! GO KBLB!!!
More one reads about Milliken, the more one has to admire the company.
"Safest Company.">>>http://blog.milliken.com/behind-the-honor-americas-safest-companies
"Most Ethical Company.">>> recognized each year since the inception of the World’s Most Ethical Companies award in 2007 – an honor only 8 companies are able to claim.
https://www.ishn.com/articles/110304-milliken-company-named-to-2019-worlds-most-ethical-companies-list
And they basically have their hands in everything KBLB looks to be involved in beyond apparel...
http://healthcare.milliken.com/en-us/Pages/default.aspx
KBLB is in good company with these guys!
Milliken does offer a "Protective Textile" Division...
https://textiles.milliken.com/markets/military
Hmm?
Exactly my point.
Nothing will equate to a full-blown PR like MASS PRODUCTION.
Mr. Thompson speaks strategically when he speaks.
It's who he is:
You're welcome, Mojo.
One way Vietnam keeps their eye on China for us...
https://www.yahoo.com/finance/news/vietnam-crackdown-chinese-goods-relabelled-054821883.html
One of Mr. Thompson's bios states that he was, wait for it...
Sorry about that people...
The link doesn't allow access that way. Instead, follow these instructions to get the access you desire:
1) https://www.limestonecad.com/
2) Go to "Property Search" at top of page and scroll down to "Owner Search"
3) Type in "Thompson" in "last name" and "Kim" in "first name" (obviously)
4) Click on "Property ID" to go to page for the information "data sheet."
Interesting find for those who get that far. There is actually another property listed under Mr. Thompson's name. That property is actually listed under the "Kim K. Thompson Revocable Trust."
Hmm?
Here is the actual Property Listing for the "KBLB Mulberry Tree Property" as it occurs in the Limestone County, TX Appraisal Office for all interested...
propertysearch.limestonecad.com/Appraisal/PublicAccess/PropertyDetail.aspx?PropertyID=255854&dbKeyAuth=Appraisal&TaxYear=2019&NodeID=11&PropertyOwnerID=400185
Once at the site click on "Data Sheet" at the top of the page to get access to a saveable pdf download which describes the property details in full.
Enjoy!
Exactly!
Whether up or down!
Go KBLB!!!
Great post, Cluck!
I'm long on KBLB and look forward to going to "Disney Worm!" LOL!!!
Here it is...
Sorry about that.
Kraig Promotes biologist amidst success, by Chris Remington
ANN ARBOR – Spider silk-based fibre manufacturer Kraig Biocraft Laboratories has promoted Dr. Trevor Kane to the position of chief scientist in light of its recent success in which it has taken possession of its manufacturing facility in Vietnam and submitted five new provisional patent applications relating to its recombinant spider silks.
Kane’s team is said to be responsible for much of Kraig’s success in creating transgenics at lab level, proving the feasibility of the technology before it’s scaled up for commercialisation. The US firm can rapidly produce genetically engineered spider silk-based fibres in high quantities for apparel integration.
As such, the firm recently partnered with textile innovator Polartec in a collaborative effort that hopes to yield durable military gear with a strength-to-weight ratio only comparable to Kevlar. Kraig has worked with the US army in the past to develop its Dragon Silk and Dragon Silk 2.0 iterations, used to develop ballistic shoot packs with a high level of tensile strength.
Just weeks ago the company submitted five new provisional patent applications for technologies which relate to its recombinant spider silk products. These applications, if successful, will protect the US firm and its proprietary technologies in the creation, screening and production of new recombinant proteins.
“These new powerful transgenics, recently created by Dr. Kane’s team, were designed for broad commercial appeal,” CEO and founder, Kim Thompson said, adding: “Dr. Kane has certainly earned his promotion with the successful development of this new architecture. This next generation technology, developed in our labs, has the potential to radically advance gains in material performance, above and beyond anything we’ve previously produced.”
COO Jon Rice said: “I would like congratulate and commend Dr. Kane and our entire R&D team for their success in developing these breakthrough technologies.”
Spider Glue?
https://phys.org/news/2019-06-first-ever-spider-genes-sequenced-paving.html
Army funded this, too.
Another potentiality for KBLB. Q3/Q4 can't get here quick enough! I'm anxious to see what the actual business plan is going forward. What actual markets KBLB intends to focus on in the immediate? 5 year? 10 year? ETC. How many areas will they try to corral? Or does this become a licensing deal (you Shark Tank followers may want Mr. Wonderful's insight on this) along with silk production. Mr. Thompson has his hands full, for sure.
Go KBLB!!!
Nice little follow up article to Dr. Kane's promotion:
https://www.tevonews.com/fibres-yarns-news/2061-kraig-promotes-biologist-amidst-success
Go KBLB!!!
Well, then, it's settled! I'm taking all my shares from KBLB and investing in Dupont. So much for Kong status. Just call me Curious George.
Info regarding reverse mergers...
Even though KBLB is not a private company, the gist of this information applies.
Should Biotechs Consider a Reverse Merger?
October 03, 2016
By David Plaskow
Download:
Share:
A reverse merger—also known as a reverse takeover—is where a private company acquires a public (shell) company that is typically in distress. The private company's shareholders pay for the shell company by transferring their shares to the new entity. Operational and financial control then rests with the private company leadership.
While it sounds like a gamble for the private company, the public company really has little to lose. The incentive for the private company, however, is that the new entity is publically traded and has access to the capital markets.
Benefits
When performed with the proper care and due diligence, reverse mergers can offer biotech firms a variety of benefits:
A reverse merger can usually be performed more quickly than an IPO.
It costs much less to perform a reverse merger versus an IPO, perhaps as much as 5 to 10 times less.
If the shell entity is SEC-registered, the private company does not have to go through governmental review.
One bad news headline can kill an IPO. Market conditions play much less of a role in reverse mergers.
There is less ownership dilution than in an IPO.
There may be higher company valuation in a reverse merger.
There is usually a concurrent financing designed to give the new public company needed liquidity. Having a public market to trade in the stock even after a seasoning period (versus a private, totally illiquid market) is appealing to investors.
Biotech Reverse Merger Success Stories
Cougar Biotechnology raised $47.5 million and was sold to Johnson & Johnson for $1 billion.
Puma Biotechnology raised $55 million and has a market capitalization of $1.6 billion.
ViewRay raised $26.7 million.
Synageva merged with Trimeris, which was acquired by Alexion for more than $8.4 billion.
Drawbacks
With the good comes the bad. Here are a few possible downsides to going the reverse-merger route:
The costs to public companies to meet SEC-reporting requirements.
Leadership may not have a comprehensive understanding of the publicly traded market, and the company may not have the appropriate personnel and controls in place.
The new entity generally has low trading volumes and investor liquidity issues. Companies plan to uplist to NASDAQ as quickly as possible, but this usually requires a follow-on financing.
The distressed public company may have a myriad of problems, such as pending legal action. Due diligence—even if mostly inactive—is required on a public shell.
There’s less opportunity to showcase a company to potential investors in a reverse merger versus an IPO.
Questionable deals in the 1980s have given reverse mergers a less-than-stellar reputation, which may make investors wary.
“As someone who’s been involved in a fair share of reverse mergers or with companies that had previously completed a reverse merger, my best advice for biotechs considering a reverse merger is (1) consider reversing into a company that has never actually been a shell; (2) if it must be a shell, do your due diligence; try to ensure it has cash and/or is already trading and has a broad shareholder base; and (3) assuming it’s a private company, also consider a Reg A+ as an alternative to a reverse merger," says Jeff Eliot Margolis, President of Aurora Capital LLC.
SEC
Due to some questionable deals, the SEC has taken a greater role in reverse mergers. In 2011, it issued a bulletin recommending potential investors (1) research the company; (2) review the company’s SEC filings; and (3) beware of non-reporting companies.
Also in 2011, the SEC passed rules prohibiting a reverse merger company from applying to list until it completes a one-year “seasoning period” by trading in the U.S. over-the-counter market or on another regulated U.S. or foreign exchange following the reverse merger, and has filed all required reports with the Commission, including audited financial statements. The rules further state that the company maintains the requisite minimum share price for a sustained period, and for at least 30 of the 60 trading days, immediately prior to its listing application and the exchange’s decision to list.
After completing the reverse merger, the public company must file a Form 8-K describing the new company. Thereafter, it must comply with Securities Exchange Act reporting requirements and meet applicable SOX requirements. The SEC can suspend trading and even revoke the securities registration of reverse merger companies, for example, due to their failure to make required periodic filings.
Considerations
While biotechs enjoyed a bull market the past several years, the current U.S. presidential election has created some uncertainties going forward. For the private biotech interested in a reverse merger, the public entity should possess some cash that can be used for research and product development; no major red flags, such as litigation; agreement and clarity on the new leadership structure; and a company structure that can integrate technology and reporting systems. The private company must be honest with itself as to both why it wants to be publicly traded and why acquiring a distressed public company would be a good, long-term strategy.
Workman-Nydegger is not just general IP.