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What I am saying is my opinion based on available information. What you are saying is your opinion based on no information only what you hope would happen. Our government is not that silent on an issue like this. And it encourages possible partners, as it did KBLB a few years ago with a contract. That contract, although not met, helped us get to today in Vietnam. The recent 10q showed no money from the government. It gave us our first paying partner and that helped us get where we are now. The future may hold more help from the government but they do not make material or the items they buy them. We make raw material and have a partner that makes things the government may want. But that direct line seems to have not worked out.
That would be awesome. At this point financing is what will make or break share price.
The production has started and we are a spider silk yarn/thread producer. What those who buy this product make with it is in those companies hands. It will be a while before we produce quantities large enough to bring in big bucks. We still don’t know price/ ton. Board members here have great ideas and hopefully they will come to be, someday. But that is months to years to produce those quantities. We have moved from an idea to manufacturer with all the issues of production/volume and so much more.
I too had hoped the military would go for an exclusive to start us off but there are no signs of that any more.
They will make product and it will be purchased for a premium price. But the product itself is not causing the kind of market action the idea did. We are now being judged on what we can produce in real time. Like steel or paper or fiberglass.
Man you just jinxed it. Lol. Go Bucks
I wasn’t, just think that KBLB should focus on what they can do and let Polartec make the fabric.
But they never got the second half of the payment.
Yes. Was referring to the shoot packs they were trying to make. They had issues with reeling and weaving subs. They use to talk about making bulletproof vests and such.
IMO. This contract help KBLB realize its business plan of making textiles was far more difficult than they thought. They have since marketed themselves as producing yarn/thread. Perhaps someday we will progress to that point.
I would think that a partnership with any of the three would add considerable value to KBLB. I would be thrilled with anyone. I was just trying to see a marketing scheme for the company. That’s all. The nefarious company plan. Just guesses and coincidence probably.
But that is a really unflashy shoe. The material is exciting but the shoe is so Adidas. I think you made my point.
True but Kim wouldn’t claim them lol. I think that goes with the thought that spider silk should be in designer trendy wear. Like Patagonia, Nike, Stella McCartney. Involved in High end fashion. A lot of thought on that line and the ultra conservative market with the army, Polartec etc. just interesting. I have no knowledge but all those businesses fit. IMO.
Interesting. KBLB seems very conservative in their partners. Polartec is of the winter gear companies much more conservative with army ties and outdoor sports. Not going for the flashy approach other companies do. Same with Adidas, less flashy. Stick with their basic brand id. IMO. Guess I tended to think of spider enhance silk as flashy so thought that would be the marketing approach. But if that is correct then it falls in line with Milliken, Polartec, and others mentioned. Even Warwick Mills. Old solid. Conservative companies.
I found the same info. But the addition of silk was later 2011. So perhaps that is the drop in for KBLB silks. Time will tell. But this sure looks like a ready and waiting app for spider silk. Also get the military connection.
They are all sales
Also a lot of them are 13mins apart.
What’s with all 4524 & 4523 trades today?
Seems like great or to me. They are honest about what they are doing. Been a lot of speculation on eggs or silk. I think it clearly answers this question. It also outlines the future stating numbers of eggs and what they hope will be their first mass production batch. These are organized, concrete steps of production. This is the first time I really feel we are not working on what we imagine will happen. This is happening in what the more down to earth posters have said would happen. Looking forward to the day the big dreams are reality. Buy out would be great and maybe that will happen one day. Go KBLB
I don’t think they are a scam, trying to elaborate on another post that called it a scam. And I totally agree with you, and what I was trying to point out. The history of claiming accomplishment before it occurs. I think they will produce on a bigger level.
I don’t think people are thinking it a scam in that way. Perhaps more that there was always a hope for an outstanding return on shareholders investment. Now it looks like that dream isn’t going to happen. The company may succeed and grow there just seems less chance for that big profit. No one will Lise their original investment but no jack pot.
I think he will produce but not sure that is going to be a goldmine for those invested. Time will tell how it goes and last couple months have not been what was hyped.
Thanks for the reply but I only wrote one of the statements you quoted.
I have read various estimates posted here. They have a large range and are not verified.
Where was this demonstrated.
I didn’t say it wouldn’t happen. I said investors will not get an outstanding return on investment as everyone has thought for years.
She was also considered a genius.
They are ramping up, not in a grand way or with major investment. They pay with shares. And doesn’t mean the product they produce is going to be what they hoped. If the continue with this kind of financing they will dilute the value of the shareholders to mere pennies. Where we were for years. He will produce and maybe have a good product but rs and dilution will kill it for the investor.
Yes if you market something you can’t do and get the kind of investment and try to cover up that you can’t do it. That is fraud. She went on tv claiming to be able to do this. Her span was huge and her ability to convince people was amazing. She committed fraud. Kim is not getting financing is a sign he understands. Sadly its not fraud if your R&D didn’t work out. If you rs your stock and dilute your investors value. We are just out of luck.
I guess the word con in this case is more like Holmes/Theranos. She had a great idea but she marketed before she could actually do it. She was convincing. She promised a product that was not perfected. And as it turned out didn’t workout. The fact that we have never been able to produce large amounts(think army contract and lost). We are going to try to do this now and that could have many stumbles. That we haven’t proved mass production and are talking earth shattering economic growth is that same kind of con. It is a gamble and throw in the crazy timing of rs for up list. We haven’t proven mass production. That is what Holmes did. I hope Kim can do this. But it seems as though we might not be able to make enough in the short term to turn a profit that will allow financing. If this were as good as many believe financing would be knocking down the door. We all know it is not, Kim said he could not get financing. I once thought I would make a killing here. I don’t see that any more. I think Kim will produce but I don’t think it is going to make me a lot of money.
Do you remember how many big money and tech people were in on theranos? The one bioengineer(Trevor) and one business guy(Jon)and and one unnamed woman bio tech. Give me a break. No one will give us money, took years to get a make shift factory in Viet Nam, could not produce product for an Army contract or didn’t product anything close to what they advertise. Polartec was the big athletic company and they were on the verge of bankruptcy when they hooked up. If Kim can not come up with a pr stream that is different than this we have all going to be looking at ten more years to get back to that .50 we saw earlier.
Could happen
Seemed desperate to me and based on the sell off. A lot of others.
As people do when they think someone will make them rich. As we all hope.
Many companies do just this. They don’t care about Roman, Mike, Bob, Or so many others who bought and supported them for years.
Don’t we all.
I have held my shares from before the first ND announcement. I think the concept is sound but the time it has taken is concerning. I held because there was what I thought was a chance for upside, a large return on investment. If we reverse at .15-.12 and then lose another 50-60% we will be back to the .05-.06 share value. A rs causes the upside to disappear.
We are losing share price daily. If the goal is Nasdaq then we may need a larger rs. Eggs made it new factory 2 weeks ago. Weeks till we see how a larger batch holds up to QC. Then months to tons. Not sure what the rs smoke screen is about. Organic growth would of got us to where want to go and solid share price. But as several on board point out it is Kim’s company, we may have supplied funding but we are silent partners of sorts.
Actually for KBLB it is still a dream. They are trying to set up production on a larger scale but have not produced their first batch. We are not opening a bakery here. We hope we are ahead of Bolt, Spiber, the group in China and others who have tried but we are not there yet. We could be amazing successful or struggle to produce product consistently. Time will tell. Comparing doesn’t make us more successful. Berating the competition gets us nothing. Hoping they have some luck. Wish we were at this point with no rs.
So if we rs at .2 we end at $8/sh. There is no way this is worth that or would hold that. We can’t get sales or income in time if this is happening before Thanksgiving. It will drop to $2 or lower. Which would be about .05 or where we sat for 10 years.
Which is?
No one said millions delivered. That is what you are hoping. No one said how many worms the 11 labs can grow at a time. No said they when they would start the hatching of eggs even. We don’t know as usual.