“Nasdaq uplist”

LOL. How is a no income 23 cent stock going to uplist to the NASDAQ. They have minimum requirements that this company is no where close to meeting.

“that is $500k more than they have... “

The $1.5 million in estimated Prodigy expenses is for the entire year and for producing 40 tons of silk. If they only produce 8 tons then their expenses should be 1/5 of that.

I would also assume that they are going to sell the silk as they produce it so that would more than make up for the $500k they don’t currently have.

“especially given that the up list cannot possibly happen without the offering and r/s occurring first... “

I don’t know why it couldn’t. According to my rough calculations, it should cost $1.5 million in expenses to run Prodigy for a year while producing $8+ million of silk assuming 40 ton. It will take about 6 ton to pay back bridge loan. The rest is all profit.

Expansion in Vietnam should cost very little if they are going to contract farmers to raise worms for them. Just convert more of Prodigy to an egg production facility. That would be the most logical choice for expansion.

I don’t know why Kim would need the offering at all unless he has other really big plans that we don’t know about and the company would already be producing enough income to pay for all the bills and then some. Should not cost near as much to get an operating loan with proof of production and a contract for silk in hand. Uplist would not even be necessary.

“- just about the worst sort of debt that a company can get.”

So your saying this is better than KT loaning the money to the company. Looks like improvement to me.

Is there any type of financing that would meet your approval? Obviously KBLB needs money to pay the employees and reelers in Vietnam to get an income stream started from production. This bridge loan should easily take care of that.

Actually this bridge loan should be all the money the company needs to get full production of spider silk out of Vietnam if KT is really going to do drop-in replacement of regular silk. Would like to know if they are working on setting up contracts with farmers to raise the worms for them. Would be a super fast way to scale up production without spending much money.

“Samsara Luggage (SAML)”

So you use a luggage company in the middle of a pandemic for your comparison? smh

How do you quarantine a frozen egg? What would you do to it to prove it is safe? The labs Prodigy were designed a specific way. Why was that?

I have to agree with gimme on this. Vietnamese farmers already outsource the eggs they use to produce silk from the Chinese. Sounds like it is a complicated process and reliant on the whims of the Chinese. All KBLB has to do is provide their locally produced eggs to these farmers and contract to buy the cocoons back from them. Simple drop in replacement.

Then KBLB can just convert their building into an egg production facility with the potential for 100 times the current buildings capacity for cocoon production. Hope the can find a buyer for all that spider silk. $$$$$$$$$

“KBLB is fraught with debt.

KBLB owes almost $7 million.

KBLB incurred a net LOSS of $4.3 million in 2020 (through Sept).

KBLB has spent over $34 million over the past 10 years.

KBLB owes Jon Rice almost $100K.

KBLB owes $2.7 million (with $1.4 in interest alone) to Kim (the magical CEO).

KBLB owes $25K to its other employees.”


You can find all this in the 10Q and not even notice that there is not one mention of a stock split or uplist, two of your biggest gripes? I can’t believe nobody else has mentioned this yet either. Either KBLB is still in some kind of quiet period or they have been taken off the table and KBLB will continue to be financed by Kim until production is up and running.

Also according to my inexpert research they will need about 4 hectare of mulberry to produce that metric ton of silk.

Probably around 3.5-4 million eggs according to my calculations to make a metric ton of silk. I’m sure there are experts on this board that will tell me I’m way off though.

“Mulberry and silkworm seed dependence upon China”

They are not dependent on China for mulberry. They can propagate all the mulberry trees they want. China is controlling all the hybrid silkworms. That is where KBLB can come in and reduce their dependence on China. Advantage KBLB.

Still don’t have a modem. Was told it would be here two days ago. Called yesterday and found out the order was never completed. Don’t know how they could tell me the modem would be here two days ago if the order was never completed.

So after another 45 minutes on the phone I got the lady to complete the order, I think. This time I got what was supposed to be a verification email. Email doesn’t say anything about a modem or order number. According to it I ordered some “terms of service”. Called back to verify order was completed. Another 20 minutes on the phone they verified the order was completed and should be here tomorrow, two weeks to get a modem if it shows up tomorrow.

“will help lead enterprises through the challenges and opportunities of the 4th Industrial Revolution”

What a joke. It only took them a week and about 20 customer service reps, hours on the phone just to replace a broken modem. Keep telling you to use their website for customer service and it doesn’t work. They don’t even have an option for equipment replacement.

If that’s the 4th Industrial Revolution, then God help us all.

You still haven’t addressed what a 5 yr warrant is worth. You’re obviously assuming zero, which is ridiculous.

“thats what 4.25, 5.25 and 6.25 looks like today...”

That’s if your making a lot of assumptions that aren’t facts. What’s a 5 year warrant worth assuming $5 stock price with a $5.25 strike price? Just looking for your fair value estimate.

It’s also possible to get on the NASDAQ at $3. So try using those assumptions.

“kim put out that the offering price would be .106, .131 or .156”

I don’t recall those numbers being mentioned anywhere.

So according to your calculations how many millions has Kim pocketed so far from this company?

Did you send all these great suggestions to KT before the worms died?

It wouldn’t have mattered what the government did. With Americans so worried about their privacy being violated there is no way for the government to track the spread. Got college kids who know they got COVID throwing parties. God forbid you are required to wear a mask. How did the armchair quarterback Democrats react when Trump shut down air travel to China? Now they’re the experts on what should have been done. lol. Thank God this thing didn’t have a 99% mortality rate because America is just too stupid to deal with something like that.

The eggs will get to Vietnam in due time. Let’s just hope that Kim and Jon put everything into getting production going and then worry about the next lab achievement.

“Yes I’m sure in KBLB land it’s huge news since they haven’t produced a dime of income besides dilution and making deals with shady companies.”

KBLB does have income on the books, it will show up in the next couple quarters. I guarantee it.

Thanks Olddog. You would think with 500 patents they would be signing more companies and making more money than that. Probably paid the lawyers more than that just to spin off the trust. Been highly disappointed with management for a long time. Glad I got called out on a lot of my options recently. Hope you and all the other long timers are doing well.

Doesn’t IDCC have a separate division with base station patents that isn’t making any money?

“As a small fully reporting company, we take the quiet period during the registration process very serious, but understand that the silence can be frustrating for our shareholders. However, by ensuring full compliance with the quiet period, which is required by federal securities laws, the Company and our shareholders are more fully protected during the registration process. As the registration statement is now effective, the quiet period is over and we can once again communicate more regularly with our shareholders and the investing public at large.”

This is from the letter KBLB sent to shareholders after previous extended ‘Quiet Period’.

The financing in 2015 took 7 months from initial S-1 and they were only dealing with the underwriter. They now have to also deal with the NASDAQ to make this work. I’m sure KT will do whatever is necessary to make this work so until I see an S-1a with all the blanks filled in I’m not going to get too excited about this happening soon.

There also was an 8k issued right after the 2015 financing with company updates. Hope you don’t wait until the 8k comes out after the uplist. You will have missed the boat.

It would also mean that KBLB has plenty of cash, which we know they don’t. They would have to dilute 10 million shares just so they could buy 8 million back. Why would anyone even think this was true unless they have been secretly producing somewhere........hmmmm?

Makes one wonder why someone with SO much power is messing with a 13 cent stock. Smh

He has to talk this up to $.20 first.

Investors in this stock really need to learn how warrants work and figure out how valuable the warrants KT is offering with these units really are and why they are being immediately separable from the stock. Google works wonders.

“Those warrants will never get exercised”

No smart investor would exercise a tradable warrant when he could trade it instead. A whole lot less paperwork and would also make more money. So you’re not totally wrong, they shouldn’t get exercised unless they are getting ready to expire in the money. That will be at least five years from now.

I don’t know why they would need to do that. FedEx is currently shipping to Vietnam. Just don’t put all your eggs in the same basket this time. Should have been the first procedure he implemented.

Yes, I’m serious. He wasn’t giving a presentation to a bunch of stodgy scholars, it was to announce a new high tech accomplishment to the world. A huge part of the value of this company’s products is new high tech, high fashion textiles. Looked like he was trying to sell tighty whities.

You would also think that by now they would know each other well enough to be on a first name basis.

Really need to hire this woman. Let her do the press conferences.

“I don't see how having dept on the books would be acceptable to the NASDAQ”

Every company has debt. What does that have to do with anything? KBLB would have plenty of equity to pay the debt, meet NASDAQ equity requirements, and then some with this offering.

Also from the S-1:

“your interest will be diluted immediately to the extent of the difference between the public offering price per share of common stock that is part of the Unit you will pay in this offering”

Key words there being “part of”. Sorry I don’t know how to bold on an iPad. Page 31 under Dilution.

I would say that is a poorly worded statement(the S-1’s, not yours) and is referring to the Unit price of the offering and not the share price of the stock, which are 2 different things. I know you don’t agree with this so I guess we’ll have to see who’s correct if they ever pull this off.

I will bet you everything you got though that when the warrants are initially listed on an exchange they will have a monetary value even if the stock price is lower than the strike price.

Yes, and the the stock doesn’t have a market on the NASDAQ currently either. Things change.

“It seems that the share price of the stock and the exercise price of the warrants will be the same. “

That is incorrect. In the S-1, their example uses $5.25 for the UNIT(a share and a warrant) price and also a warrant exercise price of $5.25 which makes it seem that way. The exercise price could’ve been $10 and the warrants would still have value on an open market just like a call option would.

“So it seems that an investor can buy shares & warrants apart from each

Yes, you get a piece of paper for a warrant. But that piece of paper is worthless unless the warrant is exercised.”


You contradict yourself. How can you buy a warrant separately and it be worthless at the same time? It is my understanding that the warrants will be traded on an exchange just like the stock. Symbol: KBLBW

“Even though the value is the same immediately after the split people will most likely think twice about paying $5 a share for possibilities.”

Then they can trade the warrants which will be selling for a fraction of that for even greater returns if they think it is going up in next 5 years. Go to “common stock warrants.com” and use their calculator to figure the possibilities.