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<< We need to give KBLB several months to get production underway. >>
What is your definition of several?
3 months?
24 months?
<< Your points about the share price are all moot, since when the pps takes off.. >>
And the dreams continue...
There you go again. Arguing the jots and tittles.
No matter how you dice and slice it, the price of KBLB has gone absolutely nowhere in 10 years. It was at 5 cents back then and it is still at 5 cents. And it will continue to go nowhere until mass production is proven AND KBLB has signed a contract with a company that wants to purchase said mass production. And that ain't happening any time soon.
<< I dont see where they list the reason. >>
You don't see it because you don't want to.
This is ONE sentence:
"As there are no regulations in place to govern animal biotechnology, there is no commercial production in Vietnam."
As such, the end of the sentence is tied to the beginning. The end of the sentence is "there is no commercial production in Vietnam". The beginning of the sentence explains why: "there are no regulations in place". It is relatively easy to understand what they are saying. There is no commercial production BECAUSE there are no regulations. In other words, it is illegal to commercially produce from GMO animals.
And what makes you think that ARYC won't be suspended during that time?
AVDX (their subsidiary) was just suspended a month or so ago.
Do you really think that they are immune to suspension?
I already replied to it...
<< Fact: Mark stated 2014, 2015, 2016, 2017 10Ks and 2018 Q1-3. >>
Yes, he also stated:
- financials would be released end of July
- financials would be released end of summer
- financials would be released end of fall
- financials would be released individually
...and many other things that haven't come true. He changes things constantly. I don't see how one more change would come as a shock to anyone that has done their DD.
I'm sure next week ARYC will either change the website to say "end of winter", or they will just remove the estimate entirely from their website.
<< your argument will be "moot" within the next 30 days depending upon the disclosures in the next KBLB PR... >>
The Christmas, New Year's, and Tet holidays are coming up (back to back). I seriously doubt that there will be a PR anytime soon. And if there is, it will be something that is extremely minor (like KBLB created another silkworm variety named DS 2.1.12b or KBLB planted some more trees or KBLB is looking to team with an unnamed company...). But I am positive that this board will LOVE it. LOL.
Since they haven't mentioned releasing any of the 10Qs for prior years (2014-2017), I doubt that they will release them for this year (2018), since the year is almost over. They will probably just release a 10K for the entire 2018 (which means we need to add another 8-12 weeks to the estimated release schedule).
<< what ever happened to your 3rd quarter big news or big break thru source ... >>
Haven't you heard? It was apparently changed to 4th quarter. Oh wait, that is almost over in about a week or so. LOL.
Well, I guess it is now going to be 1st quarter 2019. (At least for the next few months).
Nothing false about my statement at all. As a matter of fact, IT IS EXTREMELY ACCURATE.
Here, I'll say it again:
KBLB has hovered around 5 cents for the last 10 years.
Anybody that looks at a stock chart of KBLB can see that very readily.
But for those that are seeing "pink elephants on parade", let me clarify.
Let's take a look at the stock price for one day (12/19) over the last 11 years:
12/19/2018 - 0.0495
12/19/2017 - 0.0418
12/19/2016 - 0.0537
12/19/2015 - 0.027
12/19/2014 - 0.0439
12/19/2013 - 0.0485
12/19/2012 - 0.036
12/19/2011 - 0.083
12/19/2010 - 0.077
12/19/2009 - 0.013
12/19/2008 - 0.021
That alone should be pretty obvious, but let's take it one step further.
If we average all of those numbers, we get...
drum roll...
0.044945 or about 4.5 cents
So I was actually being a little generous when I said 5 cents.
LOL
Yes, and it has also been down to around 1 cent.
What is your point?
The 10 year chart for Yahoo Finance shows that KBLB has hovered around 5 cents or lower for the majority of that time:
https://finance.yahoo.com/quote/KBLB/chart?p=KBLB#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
OK, I'll remind you in Jun 2019
:)
<< 1) Pretty sure they retained RRBB in October of 2016. >>
That is correct:
ARYC is not following the normal filing schedule for financials (since they haven't filed in over 3 years). So they are over 3 years late in their filings and can file at any time.
Mark (via emails) had originally stated that they would file by the end of July. They officially announced (on their website) that they would file by end of summer. When those dates were missed, they officially announced (on their website) that they would file by end of fall (yesterday). That date was missed as well. So they will now probably update their website next week to say that they will file by the end of winter (20 Mar 2019).
<< My people are more about the money....
Than the "funny." >>
Then why do you keep making jokes?
What money are you talking about?
KBLB has been around 5 cents for the past 10 YEARS.
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.