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I would not put a number or exact date on it but imo it's a very good time to buy and hold for the long term.
"While the Company is creating this production capacity, it is in discussions with one or more other countries about further expanding and diversifying its production capacity for Monster Silk™."
One man's rube is another man's millionaire.
We will be "Truck'n" with that pps soon.
But don't cash in your chips.
It will be a long profitable trip.
true, true, true
It has been a long time coming, but we may be on the threshold of moving into actual commercialization.
What a great time to be holding KBLB..
Validation of all the hard work and perseverance of Kim and the scientist who have been so devoted to this endeavor is well deserved.
I expect much interest coming from a broad range of investors and very large companies.
The future's so bright I gotta wear shades.
Time to move some recombinant spider silk. I am ready.
FBI Agent, If you would also send that to me I would be very appreciative. Thank you. spidermansilk@gmail.com
If any of the non-science background investors want to begin to get a handle on what's really going on with this company relative to the technology, this is a good place to start.
https://www.edx.org/course/mit/7-00x/introduction-biology-secret-life/1014
If you are not open minded in regard to the "E" word. Don't look.
It's a class taught by some of the best in the field from Harvard, MIT and other distinguished institutions.
One must have credibilty to lose credibilty.
Gazing over my computer screen looking out of my window I see a spider coolly suspended by her drag line. It's almost as if she is trying to tell me something. hummm...
I guess we will all know soon...
"While the Company is creating this production capacity, it is in discussions with one or more other countries about further expanding and diversifying its production capacity for Monster Silk"
"one or more OTHER countries"
Other than what country?
Where are we currently producing?
I think there is much going on currently that can't be reviled just yet.
How insightful. :)
Right On Z06. Getting better all the time. I think the Beatles said that. ;)
Today's news is a logical progression. It is absolutely great news that has been expected. As the company continues to move forward prudently toward commercial success. I do believe we will see other milestones. The old time longs here who have not been Monday morning quarterbacking and backseat driving CEOs must all have smiles on their faces this morning. Progress with this company has not been overnight but has been building and will continue to do so. Eventually Kim is going to "turn this into a monster". Thank you for your hard work Mr. Thompson. So far so good. This will be a great company!
http://www.costingroup.com/en-us/newsDetail.php?news_id=13
Don't remember seeing this before.
Long term holders of KBLB will who continue to accumulate shares at low prices will eventually see considerable wealth. IMO
Nice buy. I hope to add next week.
Good post Red. Very true.
There is a general overall media buzz building about new colored silks, blue expensive Japanese silk dresses, gold spider silk textiles made from thousands of man hours of work, movies about spider-man and on and on. All this is laying a substantial public interest that will explode in an amazing economic reality for share holders of Kraig Biocraft when Kim tells the world the details on the commercialization of Monster Silk.
Red is right I think about getting shares while they are cheep because Mr. Thompson will at some point be Tearing The Roof Of Da Sucka in regard to the stock price. The big boys and institutional investors will all want to be our dance partners.
Good job, as always, Z.
http://www.cnet.com.au/3d-printed-dome-woven-by-silkworms-339344545.htm I am looking forward to the future of our little silkworms.
Evolution is science that is believed.
Not an ism or religion to be "believed in".
Just kidding you Mike.
I know you did not mean it that way. ;)
Found that change in the couch just in time for another good buy on a dip.
The day is coming when the overwhelming demand for this stock will tear the roof of the sucker.
I think you are right. Time to start looking for change in the couch. I am in buy mode again.
Tell us more of your trip to China and visit to the silk farm...
The most motivational post all day. I think I'll join you.
Here is to a company that will move to the next level soon and be amazingly successful in the long term.
To KBLB!
Looks like we can put that topic to rest.
You guys have not seen that old video?
Not new. May 12,
Remember this? http://www.textileweb.com/Doc/kraig-biocraft-laboratories-initial-commercial-production-monster-silk-0001 Big things are happening now and should be revealed soon. The pps will move to a new and sustained level. This is a good time to accumulate more shares IMO.
Yo Mike,
What would happen if this"persistent buyer" you describe is not alone and there is another "persistent buyer" who is attempting to put pressure on Kim to sell. ;)
You could say that.
Ladies and gentlemen of the Kraig Biocraft board especially ZF, Mike, es1, Red, ray, Zenaku and the other more enlightened and eloquent writers. There seems to be a great deal of articles being written about the latest Japanese claims of being the first to created a product that is ready for commercialization using transgenic spider silk. Most of us understand the many reasons that KBLBs Monster Silk and Big Red are vastly superior to the silk goo produced by bacteria. I suggest that we look at this latest wave of articles as as an opportunity to educate the world as to the superiority of using silkworms to produce transgenic spider silk. Most of the articles have comment sections. We should rapidly respond to the false claims in all of the articles that have comment sections to let the public know what we have. This is a time when share holder activism can be beneficial to the company. Let's start with these and look for more. http://www.japantimes.co.jp/news/2013/05/28/business/spider-silk-meets-mass-production/ http://www.dailymail.co.uk/sciencetech/article-2331647/The-Spiderdress-Japanese-company-unveils-ultra-strong-clothing-synthetic-spider-silk.html http://news.cnet.com/8301-17938_105-57586239-1/dress-to-kill-in-this-synthetic-spider-silk-outfit/ http://en.rocketnews24.com/2013/05/26/synthetic-web-fibers-more-amazing-than-spider-man/
"appropriate time"??? Yes.
That can be a hard one to call in real time and hindsight is 20/20.
IMO it would be inappropriate for Kim to react to the latest hyperbole.
Coming news of a manufacturing deal or any other significant news will blow the Japanese prohibitively expensive clothing away. I don't see them as competition at this point.
I am feeling good about my accumulation on the dips to date.
Kraig Biocraft is going to succeed.
I will not be lost in the gap.
Good luck.
"You have to be rich to hold on for years at a stock like this don't you think so??? just imagine what my money could do at that time line. "
I am not rich yet have also been in this stock for years, bought on the dips and have never sold one share. I am up for more that I probably would have been under almost any other realistic investing scenario.
You will be kicking yourself where it hurts if you sell at he end of the month my friend.
On the "be rewarded soon" continuum imo we are out on the positive side.
The glass is more than half full.
Did you ever buy back in?
I have not nominated anyone yet. I posted the link to get the boards opinion on nominating Kim. What do you think?