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LOL
You are starting to sound a lot like Kim now...
<< Everything I do is for a reason....
You may not be aware of it at that particular moment. >>
ROTFL.
Please, give it a break.
Don't puff yourself up too much, or you might explode.
LOL
<< The previously reported authorizations, from key Vietnamese central government ministries, established guidelines for the importation of the Company’s transgenic silkworms. >>
Vietnam allowed KBLB to import their GMO silkworm eggs for RESEARCH purposes and it is why the eggs will be brought directly to a Vietnamese location and NOT KBLB's location. Vietnam did this as an EXCEPTION to their current law.
IF all things go well during the research phase, THEN they will consider changing the law to allow KBLB (but that will take quite a bit of time).
But if things do go well, then it is game over...
FANTASTIC post!
Thanks. That just confirms what I have been saying (about Vietnam needing to change their laws to allow mass production of GMO silkworms (or any other GMO animal)).
Changing the laws will take months (if not years) to complete, and it might never be done.
Of course it isn't about "U.S. GOVERNMENT POLICY".
It is about VIETNAM GOVERNMENT POLICY.
<< Last time they announced in the summer they were pushing the fins to fall , we were told from mark days before the deadline? >>
No, it wasn't until a few days after the summer deadline ended that ARYC changed the deadline to fall. There was no announcement ahead of time.
<< Ok and this makes me wrong because????? >>
Because you said that trading KBLB shares was making them money.
Your exact quote was:
<< Investors MUST trust the CEO or they are fools. >>
That is one of the most ridiculous statements I have read on this board.
<< My WAG on this is near the end of q2 to mid q3 2019. >>
And I have been saying 2nd half of 2019 (at the earliest). So we are basically in agreement.
Yet, I hear every day on this board how KBLB is in production both in the US and in Vietnam. LOL.
<< As long as there are people like me willing to buy this stock there is no financial crisis.
Let me know when the stock stops getting bought. >>
Buying and selling the stock from day to day does not put ANY money into KBLB's pockets. It is only when KBLB creates additional shares of the stock (aka dilution) that KBLB will make money.
And dilution is definitely one of the ways that Kim has been financing this company over the last year or so. There were 30 million shares diluted in 2017 and 15 million (so far) in 2018. That is about $2.5 million.
I agree.
I have also wondered if Vietnam is planning on stealing the tech, knowing that KBLB is in a financial crisis. It could be that Vietnam wants to reverse engineer the tech and then will delay KBLB until they are out of business. If KBLB is out of business, then Vietnam would be able to use the tech for themselves (since there is no more KBLB) and wouldn't have to worry about protecting IP for a company that is out of business.
<< You first need to define "mass".
Is an ounce of the only man made spidersilk mass production?
A kilo?
A ton?
10 tons? >>
I believe that most people would define "mass production" as that which will start to move the share price appreciably. An amount that would make an external buyer want to go into a contract with KBLB to purchase spidersilk. Nobody will care if an ounce or a kilo are produced. I think the share price would definitely move if KBLB announced that they had produced a ton of spidersilk (and it could be confirmed and wasn't just a forward-looking statement).
So let's go with something on the low side. How about 500-1000 lbs? I don't think that is enough for a MAJOR contract, but it is a start.
Years ago, KBLB said that they were ready for "scale and sale" and that producing tons should be no problem.
So let's start with something on the low end.
When do you believe that they will have completed the production of 500-1000 lbs?
I'm not looking for an exact date. Just give me a quarter (1Q2019) or a half of a year (1H2019).
KBLB is usually up at the open (for those people that have placed buy orders at the market price) and then usually drops during the rest of the day.
In today's case, a whole 8000 shares were purchased at the open. WOW! A whole $400. LOL.
Let me ask you a simple question...
When do you think that KBLB will begin MASS PRODUCTION?
I'm not talking about producing one thread or producing some research material. I am talking about actual mass production that they can sell to another company and make money.
Another company isn't going to buy one spool of thread. They are going to want LARGE quantities.
As many have eagerly pointed out on this board, making one thread is technically "production". So technically, yes, they will "produce" (even though it is for research purposes).
But I think most investors don't care about "producing" one thread or research. They want mass production. They want contracts with other companies that want to buy said mass production. They want something that will lift the stock price.
So you can continue to argue that KBLB is "producing", but that is very disingenuous.
And mass production is at least 6-9 months away (at the very earliest).
So as you can see, I left out the words because they are meaningless.
OMG!
Again with the dogs!
LOL
<< Kraig Labs will set up a subsidiary in Vietnam and open a silk research center >>
Hmm. I wonder why they call it a "research center". Could it be that Vietnam is only allowing KBLB to do "research" there?
<< The eggs are in Vietnam, ... >>
Total conjecture.
<< ...and we are on the cusp of production. >>
Total nonsense. KBLB isn't even approved for mass production in Vietnam yet (and won't be for a very long time, if ever).
OK, thanks, but that was 5 years ago, and has nothing to do with the last year (since they parted ways with Calm Seas).
I don't remember seeing that before.
Do you remember where you saw that?
<< the ceo refused to obtain financing... >>
We don't know that. For all we know, nobody will finance them.
Dogs?
Who the hell said anything about dogs? LOL
<< These worms are Bombyx mori. >>
No, they aren't. If they were, then there would be no need for a quarantine. There would be no need for testing. There would be no need for a patent. There would be no need for IP protection. There would be no need for KBLB.
Once you alter the DNA of an animal, it is no longer that animal.
You want to argue both sides of the debate.
When it comes to regulation, you want to argue that they are just regular old silkworms. That they don't need to be quarantined. That this has been done for 5000 years.
But when it suits you, you want to say that these silkworms are not just ordinary silkworms. That they are special. They have spidey powers. Their silk is superstrong. They can leap tall buildings. That they are the cure for the worlds woes.
Pick a side. They can't be regular silkworms, and then at the same time be special flavored silkworms.
<< I can see only one disease(Pebrine) in silkworm eggs... >>
KBLB's silkworms are (supposedly) not regular silkworms. They are GMO silkworms. Nobody has any idea (including Kim) what type of debilitating diseases these animals can catch or be vectors for. Hence the need for Vietnam to be EXTREMELY cautious.
https://en.wikipedia.org/wiki/Vector_(epidemiology)
<< YES we are close mass production >>
No, KBLB is NOT close to mass production. They haven't even been APPROVED for mass production by Vietnam yet. It isn't even on their docket yet.
<< How long is quarantine? >>
Quarantine can be up to 45 days.
<< Eggs sitting in a refrigerator do need need quarantine IMO. >>
Of course they do. These are genetically modified animals that have NEVER been in Vietnam. Vietnam needs to make sure that they aren't carrying some sort of disease that would decimate their industry.
And then after the quarantine is over, they will then test the silkworms for months.
Once that is all done and everyone is satisfied, then they will start to discuss the changes that will need to be made in their laws for this to move forward.
Nothing of major significance will happen until the 2nd half of 2019 (at the earliest).
Great post SilkRoad
<< It gives me a warm and fuzzy feeling all over knowing that KBLB's worms will be treated royally by Vietnam, like they are staying at the Ritz Carlton. >>
Yeah, until they boil them in their cocoons! LOL
How come I didn't hear any complaints today about market manipulation? The stock went up over 3% on only 42K shares ($2,100) traded. Or is it only manipulation when it goes down? LOL
<< Think most likely we will have a happy Xmas year recap type pr. >>
Kim cancelled the newsletter last year.
<< Not expecting a PR this week. >>
I wouldn't be expecting a PR until well into next year.
Kim and his buddies are probably on a yacht somewhere for the holidays enjoying the bounty that they were "given" by investors this year.
KBLB drops to .0423
Almost half a million shares sold at .0423
Someone must know something and was desperate to get out.
KBLB is going to take another year to launch operations in Vietnam:
From their latest 10Q:
<< The following reason is why I believe that Arrayit Blood Cards have been FDA approved >>
Here is my understanding...
The ARYC blood cards can be used for MANY different types of tests (various cancers, parkinsons, allergy, food intolerance, etc). Some tests require FDA approval (e.g., OvaDx & PDx) and some don't (e.g., AllergyGo & Pinnertest).
ARYC offers two types of food allergy / intolerance tests:
- IgE - AllergyGo, AllergyPro, Allergy121, etc
- IgG - Pinnertest
Neither of those require FDA approval.
The Pinnertest website has the following statements:
https://pinnertest.com/disclaimer/
"These in-house assays are conducted in compliance with the U.S. Food and Drug Administration (“FDA”) rules for Laboratory Developed Tests (LDTs). The FDA does not require these types of in-house testing to go through pre-market FDA review."
https://pinnertest.com/legal-disclaimer/
"These in-house assays have not been cleared or approved by the U.S. Food and Drug Administration (“FDA”) and are considered for investigational and research purposes only. The FDA does not require these types of in-house testing to go through pre-market FDA review. Quantification of specific IgE antibodies to foods and inhalants is an FDA-accepted diagnostic procedure for the assessment of allergies. However, the assessment of human IgG antibodies specific for individual food and inhalent antigens is not an FDA-recognized diagnostic indicator of allergy. While still primarily a research and investigation tool, specific IgG quantification has been utilized in research settings to assess and investigate Type I and Type III allergies, respectively. The FDA considers IgG testing to be of an investigational or research nature and does not consider clinical data to be conclusive for the use of such testing in the diagnosis of food allergies."
The AllergyGo website has the following statement:
"The information on this website has not been evaluated by the U.S. Food and Drug Administration (FDA) and is considered for educational purposes only."
<< Vietnam's sericulture industry in danger from China businesses >>
You think that is bad.
Wait until they get their hands on KBLB's silkworms (which should be shortly after the plane lands).
Yes, I have noticed that as well.
The # of common shares seems to have been pretty steady over the last year:
26 Sep 2017: 303,927,098 (from 2Q2016 10Q)
7 Aug 2018: 336,957,722 (from 2016 10K)
29 Aug 2018: 336,957,722 (from 4Q2016 10Q)
10 Sep 2018: 336,957,722 (from 1Q2017 10Q)
28 Sep 2018: 336,957,722 (from 2Q2017 10Q)
30 Oct 2018: 336,957,722 (from 2017 10K)
But that 13G filing (from 25 May 2018) that lists over 1.4 billion shares is an outlier. I don't know what to make of it.
That same 13G shows Coastal Investment Partners as the reporting entity with 1.4 billion shares (6.4%) of common stock. But the most recent 10K (as of as of October 25, 2018) shows that Coastal owns 192,832 (10.77%) of Series A preferred stock shares (and not common shares). It doesn't show them owning ANY common stock.
Very confusing...`
<< ... Avant will need CLIA lab support for their Theralink product >>
It looks like AVDX already has a CLIA lab (unless I am misunderstanding something). Their most recent 10K states:
But then why are they spending money on posting financials? I would imagine that it must cost quite a bit of money.
If you aren't going to come out of the Grey Market, why not just save the money and try to turn the company around?
<< After talking with the CFO , I have my doubts! >>
You have doubts that they will come out of the Grey Market? Or you have doubts that they will stay in the Grey Market?