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"Actual results could differ from those projected in any forward-looking statements due to numerous factors."
Ya think?
Probably the most accurate piece of info in that PR
Have to laugh looking back....everybody was calculating how much gold they would get out of those puny little dredges and how much they were going to sell all their REEs for
I would agree with most of what you said, except this:
"On the other hand, He has, in all these years accomplished very little beyond raising money and that money and notoriety comes at the expense of everyone else in the field.
Additionally he HAS been disingenuous for years.
The nicest way one can state this is that he seems to always be over optimistic.
The meanest interpretation would be that he purposely and maliciously claims the ability to produce results that he knows are extremely unlikely. I would call that nefarious."
.
All of that I would call ironic. You could literally exchange Kim and KBLB for Randy Lewis in this quote.
"While he has gotten a lot of grant money for Ustate he has also gotten them in a lot of trouble, investigated recently by the state government because their USTAR program was not living up to the hype that got them the large state grants, had not produced the desired and predicted results after years of state funding."
The USTAR program was bigger than Randy Lewis and audits are common both internally and externally. If the entities involved had any kind of conclusion that he was up to monkey business, they would have kicked him to the curb like some of the other programs intertwined in USTAR
"That in no way,shape or form says KBLB is disinterested."
Exactly again...and taking it back to the "what about a grant for KBLB"
It would appear with that kind of interest from "the government", that they would jump on the opportunity to help KBLB along. But then you would have to ask, "Which government?" I would hope that they're not talking about Mayberry County...lol
Makes perfect sense to me too Truth, but this is what I hear around here..."KBLB doesn't want it or need it"
Exactly!
Massive interest in KBLB today....surely we're on the verge of disrupting the worldwide textile market
Much of what you're saying here seems to contradict what was previously stated and what is really going on from the article Truth posted
"RL has been having a hard time lately.
The Utah state legislature investigated where all their money was going at USTAR and found that RL was getting a lot of it based upon claims and promises that he had no hope of fulfilling.
The Utah state Teat was running dry!
But Randy is one of the best Hype artists in the world, and he has fond another teat to suck on, a big one!"
Reading that you would think something nefarious was going on and that he has been disingenuous for years
"The Company responded to a request from the Government and plans on providing test articles to the Government for evaluation in 2016"
"The contract, which is managed by the Army Research Office, will call for Utah State and Technology Holding LLC to provide the Army with multiple lengths of fiber made from synthetic spider silk while testing and analyzing the manufacturing process."
Shall I go on about these 2 statements?
"Are you telling me again....
that you don't know this is a public board."
No, let me repeat that you should direct your reply to somebody who is unaware of the process.
"We never will if they don't get a product."
Wrong
"It is possible they have already negotiated a settlement and that is why UND's process was mentioned in the patent, with additional IP coverage."
Contradict much? See, I'm confused here..."We" won't get anything without a product or have they already negotiated a settlement? Now I will save you the lecture time of telling me that relief isn't always monetary...thanks, already know that as well
No offense, but the lack of evidence of any litigation is more revealing about these patents and patent applications than any board expert wishful thinking of challenges or patent infringements
WOW
That Randy Lewis guy.....what a scammer. The DOD is so silly, giving money to this dude that can't produce a product that won't cost less than 1 bazillion dollars a kilo
You should direct this reply to the person who doesn't already know all of this
You seem to think I don't already know all this...?
"Judgements are easy,"
I think an attorney who fought for a judgment might disagree with that.....and an attorney with a stut stut stuttering issue might have a problem getting his point across to the court or a jury.
Money is difficult. (in some cases)
Yes, in some cases...but in this case you're assuming the company has no assets at all.
"2.) One does not need to be an expert to know that you can not squeeze blood from a stone."
Don't have to be an expert to have some knowledge on rulings or an "expert" when it comes to researching some case law....But, we both know by my post being sarcastic, that KBLB has as much of a chance of patent infringement for revenues as it does selling it's flagship product for revenues.
And you don't have to be an expert to observe that courts don't really care if there is blood in the stone or not when they issue orders and judgments. But yet, I have seen 1000s of such examples....am I an expert?
"so what is the point of flipping KBLB."
I hope you're not serious....money is money.....what is the point of flipping any of those other tickers? lol......."wow"
"Happy New Year, by the way."
You too!
2016 will be the year!
lol...I keed, I keed
Herrrrreeee we gooooo!
"The comment could be taken several ways....
To "flip" an argument....
Or flip shares.... "
Several:
1. Being of a number more than two or three but not many
Wouldn't want not to be precise here...that seems to be important, so "several" will be the part I found interest in
bwahahha
and here is where we act ignorant to the matter
come on, you can probably find 10% somewhere over the next couple of days
Are we patent attorneys now? The expertise and knowledge on this board never ceases to amaze....
Relief can be granted many ways, monetary is one of them
Entogenetics has no money and no product.
I wouldn't be so sure about them having no money...besides, judgments are handed down all the time on peeps who don't have the means to immediately pay them
Yippee....maybe KBLB will generate some revenue finally thru patent infringement....on our way to $1!!!!
In your underwear
Yes he his probably a notch above the average amoeba
Seriously though, his job entails selling the schtick, so there is some craft to it that you need to master
"What do you think?"
Comedy gold
Milking the cash cow since at least 2010.....working at home in your underwear sipping on brandy with a cigar, setting up CCs on your Jitterbug...straight ballin if you ask me
The Big Picture
Ben Hansel
"Investor Relations" making 6 figures a year for a penny stock company that hasn't generated any revenue since inception.
I guess I'm the only one who is seeing the humor here....On these penny stock boards, it's usually the peeps that promote the company(s) thru the years by explaining every bad move, non-delivery, and even scams that say when there is a expression of frustation, "Oh you dumbass, you should have done better DD!"
On the other hand, there is the bi-polarness of the OP...one month he is cheerleading, the next he is fed up.
Maybe Kim will pay them in shares too bwhaha
Exactly, where can you employ people on slave labor wages willing to process millions or billions of coccoons picking out a comparatively small quantity of adequate quality?
Put aside the expense.....that may not have much to do with anything especially since you know it probably has little to do with the "other methods"
Let us play a game...I will start....I guess you have never heard of climate controlled rooms, areas, buildings etc
"News pending for years?
Not exactly sure what news you have been waiting on for years."
Not exactly sure myself as I didn't say I was waiting on it....as a matter of fact, I haven't been waiting on much, certainly not commercialization when I sold near the 8s years ago.
"I can only assume that you mean commercialization since that seems to be the topic of the day but that isnt going to happen for a while yet and isnt the news anyone should be expecting or waiting on for years. That would be just plain stupid."
Lots of news worthy events will happen before commercialization.
Currently i am waiting on news of gaining a production location.
After that i will wait for news of a production facility in that location.
Then i will wait on news of production in numbers that are sustainable and feasible for a commercial contract and a location or jv with a reeler who can support our production.
THEN i will be waiting on that first commercialization contract.
So what are you waiting on for years?"
lol...well, looks like you have been and will be waiting years....and with that I would direct you back to the paragraph in red that I quoted from you
"I don't know if you have ever discovered a new way to do things.
But 9 years is not a long wait to take something from a lab to commercialization. "
Well apparently we are still talking about silkworms...silkworms that have been around for centuries producing silk.
You can get expert certification on them by watching some youtube vids and doing some google searches.
I guess there are these things called "infrastructure" and "quality control" that are getting in the way despite centuries of experience in raising them and producing silk
Oh yes, so rustled
"It could be a trading group. Keep it down? No one said that. They could be getting 5 - 10% moves fairly regularly. "
Well, that certainly sounds like an admission to me....appreciate it, but not like everybody didn't already know
Oh here we go....yeah, well I guarantee that nobody is trying to keep this down despite your conspiracy theories. If it was going to run, it would...the problem is, nobody is buying what Kim or "anybody" else is selling. And (gasp), stocks do run on speculation alone....haven't seen that here in a long time despite all the wonderful "news" or rather lack of it.
"Why do you think it is important everyone knows your opinion?"
I don't...why don't you reread the posts pertaining to that statement in their entirety?
"Yes it is funny it works both ways but its only pushed in 1 direction."
Yup, as per the author of who I originally responded to.....
"I guess it really isny funny considering the motive."
Oh, do tell. What's the motive?
"Its the people trying so hard to show it only as a one way street that are funny."
I would agree....Also, people that are so rustled by anything even remotely considered negative about the company are pretty funny. If you're talking about me, then you need to do some DD...it's not like I just suddenly showed up to this party
"I believe the company will succeed but i am not blind to the fact that any business can fail."
Good for you. Everybody's entitled to their opinion.
"Some believe the company will fail and refuse to see any successes they have already achieved."
It would appear by the falling SP that there are few people impressed by their "successes"
"I think its hilarious that they expect everyone else to conform to the self imposed blindness"
Interesting that you would think that....then why do you think it's so important that everybody should know your opinion?
"This time, last time or the time before that?
Funny how that works both ways."
Is it funny "Eric"? I'm talking about the present...like right now, and I'm prepared to wait for it to fill.
"Good luck with your 1s."
Good luck with your "commercialization"
"I personally think collecting some in the mid 2s makes sense with news pending."
Of course you do "Eric"...news has been "pending" how many years now? I personally thinking waiting on collecting some in the high 1s makes sense...funny how that works both ways
"This is the time for folks to be loading up and absolutely NOT selling."
This time or last time, or the time before that?
Think my buy order will be in for some high 1s
Merry Christmas to the longs from Kim
"What is the likelihood that a deal is finalized with Vietnam before Christmas?"
5.13789%
or less
http://www.theguardian.com/business/2015/dec/06/the-innovators-californian-scientists-bolt-threads-reinventing-the-web
A spider’s silk has long been admired by scientists for being incredibly robust – five times stronger than steel – as well as flexible, elastic, soft and stable at high temperatures. They are properties that could be put to use in a wide range of consumer products.
But attempts to produce the silk in large amounts have proved tricky, not least because spiders are cannibalistic and territorial so collecting the material is not economically viable. The thread itself is so fine that it would take millions of spiders to produce a kilogram of silk.
Materials scientists have been trying to a crack the problem and, in northern California, a solution appears to have been found by Bolt Threads, which will unveil next year the first products which use fibres developed to replicate the unique benefits of spider silk. The goal is to make clothes which are softer, stronger, lighter and more durable.
After six years working in labs behind closed doors, the scientists who lead Bolt Threads have recently unveiled the details of their system allowing them to effectively replicate spider’s silk on a large scale, producing fine fibres made up of sugar, water, salts and yeast.
In Emeryville, a city close to San Francisco, the researchers studied the proteins which make up the spider silk. They then developed their own proteins “inspired” by the natural silk.
The process starts with genes being put into yeast, in a similar way to making beer. The yeast produces silk protein in a liquid form during the fermentation. This liquid silk can then be turned into a fibre through a process called wet-spinning, where it is squeezed through small holes into a bath, creating the solid substance.
Dan Widmaier, chief executive and co-founder, says it was a major breakthrough.
“You have the ability of a very sophisticated modern technology to reimagine an industry which has been around for a very long time, one of the cornerstone industries in the world which has not seen a lot of innovation and disruption since the 1930s when petroleum polymers came around with nylons and [when] polyesters in the 1950s came along.
“That is a really exciting concept because you are seeing this steady march of science, engineering and technology finding newer and better things to help improve our society as we get more people on the planet, [with] limited resources and trying to always push the envelope of what we are trying to do in a sustainable way.”
The fibres will come to market in two ways. Companies will use them in their own products as an added ingredient. Bolt Threads – which now has more than 50 staff in its Californian headquarters and has raised $40m worth of financing – is also launching its own brand to unveil the product, although the exact details remain a secret.
“All the things that make the earliest sense are the things that nature gives us the template for. Stronger, softer, lighter, stretchier, anti-microbial,” Widmaier says. The cost of the new fibres will be high. “It will definitely be a premium product at launch.”
It is not the first time that a spider’s web has proved an influence for manmade products. Orthox, an Oxford-based company has developed small implants for the knee, using silk proteins to make a strong, curved rubber-like material. Widmaier says Bolt Threads technology could be used as part of medical devices inside the body, in the future.
Just as all spiders’ silk is not the same – the arthropods spin different types of silk depending on what it will be used for – the Bolt Threads silk can also be adaptable.
“When we talk about spider silk, most of us are thinking the one that is the basis for the Spiderman franchise – stretchy and stronger than steel and tougher than Kevlar. That is really only one silk. Each spider you find … have seven different kinds of silk they are making with different mechanical properties with different protein sequences for different niches that they need to fill. The idea there is that nature has already given us a template for different performance properties which match or exceed what we can do with petroleum or hydrocarbon chemistry today,” Widmaier says.
The glories of silk
Stronger than steel, flexible, more elastic than other fibres and stable at high temperatures – just a few of the benefits of spider silk which have fascinated scientists. Suggested uses for the silk are as a bulletproof vest, due to its strength, although because the material is so extendable, it would catch a bullet but not before it went through the body. The uses of silk are diverse – up until the first world war, it was even being used in the crosshairs of optical instruments.
You can read our archive of The innovators columns here or on the Big Innovation Centre website where you will find more information on how Big Innovation Centre supports innovative enterprise in Britain and globally.
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