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Having spent 10 years of my life that way, I know the places to go ;)
The Duck is just fine and dandy thanks Red. Especially considering she is holding 120,000 shares herself, at 9 years old lol!!
Sent you a mail!
Yeah been a Kong for about 8 years :)
Hey Ray!
I’ve said for a long time that I wanted to retire before 40. I hit that milestone earlier in the year so I guess I’ll have to settle for “when I’m 40”
You’re telling me! I’m in a very different timezone. Let’s just say it’s Kin’s fault that I was much later to sleep than I normally am.
I’m hoping for plenty more late nights in the future!!
Ha ha woo hoooooo!!
Personally, I don’t remember any news being released as late as 9am unless it was after trading. If there’s nothing at 7am I’m usually of the opinion that we aren’t getting anything. Glad to see it may change tbh
“Why he seemingly has an unending desire to keep his investors from sharing in any success is mind boggling to me but it is what it is. “
I’ve often wondered this myself and consider the following as a plausible explanation:
He’s far too paranoid about the whole technology behind the company just being stolen or copied by the Chinese. Maybe he believes it’s in the interests of the company to keep everything on the QT until contracts are signed and success is realised with tangible revenue and commercial partnerships with bigger fish than us that will throw their weight behind us if anything nefarious goes on.
In all honesty, it being stolen before it gets off the ground is my only really worry.
A short time from now, we could all be pondering on what a genius move it was :)
Barbie must be getting excited for her first spider silk socks!!
Gee whizz 2 full grams!!??
Hello Rayo,
Everything pretty much shuts down. The official holidays are usually 7-9 days but you can expect extended periods of inactivity either side of the official holidays.
I’d like to say that gov’t agencies would run as usual however in my experience, gov’t agencies are ‘jobs for the boys’ (full of nepotism) and full of lazy SOBs. So don’t get your hopes up for much got 2-3 weeks around Tet.
That being said, if all that’s happening is a bit of silkworm rearing then I don’t see it as consequential. You never know, if things have been done right then it has been planned around Tet.......
On an aside, the Vietnamese are incredibly superstitious and with the new year brings new opportunities. People see it as a new start, this could play nicely into KBLB’s hands.....
Wow, who keeps 5+ years old newspaper around? ???????
Here come the conspiracy theories.........
The newspaper is from 2013. My guess is that it’s a stock photo and nothing more........
Give me a day or so, I’ll tell you exactly when it is from.....
I think we may find Kenneth Le has something to do with this company.
I think it’ll say:
“We have RAMPED UP production of glucose (through photosynthesis) by Improving our efficiency of scale (leaves have got bigger) in our Mulberry plantation allowing for a twofold increase in mulberry output from our original (top secret) output value” ;)
Doesn’t sound like much of a profit to me ??
It actually says:
"Go Noi high technological mulberry farming co-operative"
If we need anything translating properly, just give it to me and I’ll have a friend do it......
Say it with Ali’s voice, almost like you’re reciting a limerick :)
Sounds like a quote from the mighty Cassius Clay!!
The one competitive advantage that Bolt Threads have over KBLB is being able to deal with Stella McCartney due to their ability to create a ‘vegan’ silk. For as long as we use silkworms, Stella won’t deal with us.
Ho-hum, we’ll just have to collaborate with just about every other designer/manufacturer in the world ;)
Believe me, there is no bitterness whatsoever. I’m a Brit but was asked many times if I was American, never under a shroud of animosity or Ill feeling.
The Vietnamese are a very forgiving race of people, probably due to the predominant Buddhism & Taoism in the country.
That’s not over the top TRUTH, that’s pretty much how it happened!!
Thanks, any idea what their charges are? Can’t see on website....
They were mine ;)
It was just a flip from yesterday, I didn’t have the balls to keep them off the table for long. Plus I found out my BS broker (Firstrade) charges around 5% commission (on the $ value of the sale) for sub dollar stocks so it was one big expensive mistake that cost me around 20,000 shares!!!
If anybody can recommend a decent broker that accepts foreign clients then please shout out!!
The only thing KBLB will be paying for its financing is with beautiful shiny super strong Dragon Silk.
There’s a contract a’ coming, see ya later tater!
Highest volume in almost 9 months? Loving this right now!
Nobody on this board has ever denied that Vietnam is corrupt, certainly not me. I’ve gone into detail about it several times.
2012-13 doesn’t seem like long ago, but the pace of change in Vietnam is frightening so really an awful lot has changed since then.
Sometimes getting what you need in Vietnam is as much about who you know, not only how much you pay. It may well be that Kenneth Le has the contact necessary to ensure no bribes were needed.
Back in 2010, I had a friend of a friend who was an immigration officer. To cut a long story short I was having difficulty getting my baby daughter out of the country. He helped me do so, no doubt illegally, get her out for me. No money was needed, just knowing the right people.
With all due respect that is BS.
t’s absolutely not impossible, I personally know plenty of people that have successfully set up businesses in Vietnam without bribing people. Plus we are far from the first US company that is doing business in Vietnam and I’m sure plenty of others are already doing work in compliance with the Foreign Corrupt Practices Act.
If I were you I’d start taking a look at the Vietnamese news just now. As the biggest corruption shakedown in Vietnamese history is currently taking place. A good portion of the house of cards is falling down so things are definitely changing.
In my eyes, one of the reasons it took 4 years is because Kim hasn’t been bribing anybody. There was plenty of delay and plenty of hurdles along the way, very possibly as a result of no backhanders. Bribing would have bought us our result sooner but I’m convinced no bribes have been paid.
May I ask how long ago you tried to do business in Nam?
Lose the ‘ban’ it doesn’t get used in reality ;)
C?m on nhi?u if you want to say thank you very much!
Dilly dilly!!
Do you mean typically 140% of the current share price would be a likely buyout price? As opposed to 40%
AKA a 40% premium to the pps at the time?
Ok thanks Z, presumably that was compared to the 200ha originally quoted for the facility itself (removing the 1800ha of 3rd party farms).
Thanks Z!
Hey Yankee and all, the flowers on stands set up behind Kim & Jon are extremely typical for a new business opening up. You would even see these outside shops, cafes and small businesses on the streets when they were newly opened.
I’d almost guarantee that the flowers are gifts from officials or their KBLB’s local partners, people who have an interest in the company’s success as they are a symbol of good luck & prosperity.
This makes me rather excited.
2000 hectares??!! Where does it say that?
FYI I spent the best part of 10 years working for a Vietnamese Company and not once did I encounter a single company that had not set up a subsidiary or become involved with a Vietnamese partner to do business over there.
What would the lawsuit be for? What basis?
Lots more 10k purchases, anybody read anything into this
Sorry all as I’m very late to the table on this but is anybody (that has looked at their website and read the BS on it) actually trying to make out that Spidey Tek (lol) is any sort of competition to the market?
Surely this is a high school science/computing project ffs? ROFL