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A reasonable assessment. I would agree that the numbers get higher in the lower volume ranges with retail investors.
Exactly First Mike. I should have been more clear in that I was questioning "shareholder" numbers in the context in which the author used the term. It almost sounded like he polled 30 or so shareholders (not TD, Fidelity, etc.) in they way he wrote that statement. Anyhow, 30 sounds to be a reasonable number when referring to total # of brokers. Would be interesting to know # of individual shareholders, funds, etc. that are in the game.
ES1 - what's your opinion on the following statement...
"Either way, many of the nearly 30 shareholders in Kraig Biocraft Laboratories Inc. (OTCQB: KBLK.PK) think that Thompson has solved the problem of producing stronger-than-steel silk using mutant insect larvae that he coined "Monster Silk" worms."
Only 30 - that can't be correct. Or is that 30 shareholders that the author contacted for opinions?
Thanks Mike - your approach to averaging holdings is reasonable. In case I was not clear, I wasn't interested in any single person's sharecount; rather, I was just curious to a general average of holdings based on your survey. However, thanks for your viewpoint.
Mike - based on your own data, what is the average holdings of the ~10% long term shareholders? 500k, 1M, greater? Just curious.
PreMarket Trade?
That's strange - a premarket trade at 9:02am for 200K shares. Probably cost about the same as what I could rake together via the fountain across the street, but strange that it is premarket nevertheless. Didn't think TXMC could be traded outside trading hours, unless the MM has that ability solely.
Thanks DRat1.
Not sure what to make of the "footnote" item. We have had 15+ years to teach the ignorant and evidence potential, 15+ years to forge partnerships, mutual business agreements, or simply overcome those threatened, and lastly, "self evident" - no comment.
Unfortunate on the Tenn project, but did John make any mention to the MO project and what ever came of that (Tire Shredders Unl.)? Are the Tenn or MO projects even on the whiteboard any longer if funding was available? You would think that those companies would move on if Tirex couldn't work out a way to stand up the technology.
Overall, IMO, we are still in the ongoing 'wait and see' mode with no real evidence that anything is progressing. But thanks for posting anyway.
Bob A
Not really evidence of anyone loading up - the 'Spike' was only a single 100 share trade, so it looked to be just a 'paint job'.
Tire Shredders Unlimited
(4519 Commerce Ave., High Ridge, MO 63049) go to: maps.google.com
Many of you may recall one of the many "carrots" that was communicated a while ago where Tire Shredders in High Ridge, MO was a likely customer following city council approval on required zonning and so forth for them to expand their tire shredding operations. Well, I kept the address and have looked in on the site from time to time, just waiting for Google Maps to update to the latest satellite image. Well, after a long wait, it finally happened - Google has updated their arial image. Bad news is that there is no indication that any construction has or will be occuring, so I have to assume this was another potential deal that won't materialize.
Yes, several things changed from the old image to todays image. The processed crumb rubber pile has increased in size substantially, the pile of unprocessed tires has decreased substantially as well as was moved from near the back of the property (i.e. where all the trailers are lined up now) to a location closer to the processing facility. Overall, other than the area looking much neater and organized, nothing to indicate that this will be a Tirex customer.
Oh well, thought this might be worth my while, but now i see it was a waste of time. Maybe the next "carrot" will produce something (LOL - doubt it).
Don't mean to jump in on your conversation (IGTMJ and Jose) as nobody is asking for opinions here. However, my 2-cents....I never have issues or delays in receiving responses from Ben. I met him at TecTexTil and spent 30 minutes or so talking with him. Good conversation, but in person or via email, no information beyond what is public. We even talked a bit about commentary of some of the pominent posters here. Phone calls and emails are responded to with consistency. All email inquiries have been answered same day (except an occasion where one went unanswered until I reposted to his benhansel@yahoo.com address). Beyond me why certain posters have issues in getting responses - perhaps it has to do with the type of questions being posed or the tone of the message.
Whether email, phone call, or otherwise, I too would like to see another form of communications that goes beyond questions revolving around 'known' information.....i.e. PR on new developments out to the public boards.
What's the Deal with BIEL
So what is the deal with this stock? Specifically, it looks to have been played out, especially when all the recent pump PR's don't affect the shareprice in any way (i.e. no faith that these additional opportunities mean anything to the valuation, thus no uptick). I was a previous owner, and probably one of the lucky ones who actually was in and got out above break even. Just checking in to see what happened in recent history and it looks as if it has reached end of life.
I rode the SIRI bus as well, starting in 2009 between .25 and .50, and got off the bus in early 2011. Should have held on, but turned a nice profit (4x to 5x). TXMC is a different story - I'm still ont he bus and it is still driving in the opposite direction of my destination (should have got out during the last spike).
JBone - hopefully you divested half at .90 so that you are at least sitting on a group of no-cost shares. But, knowing how most react to the elation of an upward trending investment, once the tumble occurs, it is hard to pull the trigger and cash out until it is too late. Lest us not forget dillution and the fact that doubling the sharecount kills ones ability to get out quick.
mpeets said:
"I want to dump my shares too , but would prefer 002 or above. maybe more."
uh-oh mpeets - you've dropped your floor a bit. About a month ago I believe I recall your sell at .004 or .005, now your hoping to dump at 002. GL.
MPeets - inquiry on email....
your message wasn't directed to me, but to interject, I have never received any general email distribution from Tirex, but on that note, neither have I attempted to get on any exclusive or broad distribution list, so I don't expect any of these types of emails. However, when I email John directly, he is traditionally very responsive (within 24 hrs). These are not emails where I get any type of insider information in any form, and yes, responses have been "were working on it" or "information coming". Most recently, it was an email on the site hack. John responded immediately that they were on it, and as we saw, he took immediate steps to initially take the site down to remove the most prevelant issue (ie the strange message that appeared).
Zinc - agree with your view on cost. Why look to, what we would expect would be, more expensive options if existing product meets all the parameters required. However, one question came to mind in which I would be interested in your opinion if you care to postulate further.
Via the use of ZincFingers, could a specific design be created that increased the overall quantity of Fibrion protien vs. Sericin? Or perhaps, could a design be created where worms excreted only Fibrion protien in a liquid form (IMO-creates a different set of challenges for collection of the "liquid")? In essense, could the "cost factor" (whatever that tipping point might be) be overcome through production of a line of worms that provides more of the needed Fibrion protiens than the standard silk worm, thus more cost effective to gather what is needed where it is more concentrated? Sort of like fishing...do I go to the old farmers pond and catch a carp, or do I pay a bit more to go to the local Trout hatchery and get a more quality fish.
I don't think there is one answer, at least in my opinion.
My answer to your survey: A, D and "F"
A - pretty straight forward - trips again since there is no evidence, not of a signed deal, but even little tid-bits that would lead one to conclude that things are progressing towards a deal
D - only on the aspect that we will hear that "Financials are being worked on". Not that they will ever be current, but I think the trend will not change and the word will continue to be that plans are to get current with Financials. I personally believe JT would get the Financials completed if (1) able to fund, and (2) could fund on-going to keep them up to date (why get them up to date if one is not going to maintain a current status due to on-going expenses of doing so). And, yes, I do realize that it is likely required to have the books up to date to secure financing or the JV mentioned.
"F" - added this one. Everything stays the same. Little bits of news thrown out that evidences some hope, but nothing confirmed and no real outcome. Prices stay the same or drop, until the next big idea leaks out and a possible deal is feasible (not probable, rather just feasible).
SP - You wouldn't have had the chance - only 2000 were bought at that price and that is only $20 variance. Subtract out commissions, and it wouldn't be worth it for me.
Had the same thoughts. Also, from the statement "we have effectively quadrupled our ability to produce the transgenic silkworms", it would be nice to know the baseline for which we've now quadrupled our ability. What is the baseline metrics now on a monthly basis for the breeding cycle - 100, 1000, 100k worms per breeding cycle? I know the answer is not available, and perhaps purposely not divulged, but would have been good information (IMO).
King...that is one scenario for sure (IMO), however one that can't be confirmed either way. I would believe that all we have now is an assortment of system designs, technical write-ups, capacity models, all with various supporting production and revenue models, or in other words stacks of CAD drawings, production scenarios, presentation decks and so forth that may be used "if" granted any time with prospective customers to pitch the Tirex solution. But, as you stated, nothing physical that can be evidenced as actual metrics representing a working system. Thus, the audience of any such presentation by Tirex must go on faith that the expected performance metrics of the system are accurate. Tough choice to make when investing millions if other options with proven statistics are available.
I believe you, I and many (if not most) others on this board are on the same page wherein a "first" system is required to really get any momentum on the sales front. Somebody else mentioned (may have been you - can't recall) that JT should get a system built and setup his own Tire Shredding business to get the ball rolling. I agree with this scenario - if Tirex can't get in the door with an established shredder, venture out on ones own and create your own market. Problem is that this should have been considered years ago before the stock was diluted so far that the needed equity cannot be drawn by selling shares. Even if the market would even absorb it, it would take about 5B shares at the current price to get enough even to build a system, then one needs the building, land, payroll, etc. etc. Thus, now the only option is to get a load with personal guarantees, or to offer shares to someone with the concept that the stock value with rise to recoop investment, or prospective customers invest on faith that the system functions as stated on paper (oh yea, and hope financials are sound enough to stay in business for on-going maintenance and support since there are no audited financials to evidence).
All IMO of course. Need to stop, as I am just rambling on a Saturday morning and likely preaching to the choir.
Jeez - you had me going there. Actually went out to TD Ameritrade half way through your post to see if it was real. To my dissapointment, NOT!
Agree - those are meaty details that would be value-add in my mind. However, a PR of that nature cannot be sent out across the wires if nothing has progressed and there are no such details in existence for reference. Boy, if it was true, it would instill a wink of confidence, but nothing (IMO) has progressed past the "idea" stage at this point.
Were you referring to the initial prospects that were floating around regarding Tire Shredders Unlimited in Montana last year - (4519 Commerce Ave., High Ridge, MO 63049)? Going from memory, I don't recall it taking a JV approach, rather it was more of just a potential sale of the TCS System. Haven't seen any type of news that evidenced that this effort was moving forward beyond the city council's approval of a plan by Tire Shredders. AltGen was discussed under a JV approach, but I do not recall any discussions surrounding "breaking ground", rather he next objectives were to secure financing.
Perhaps I am getting these mixed up,but that is how I remember them.
BTW - the 5M was filled at the BID, but this wasn't my shares. Somebody resolved my curiosity and sure enough, the bid was real enough (filled via 2 orders - one at 3,268,000 and one at 1,732,000). L2 now has about 4 different MM's at .0016 bids and the 950K shares (minus a small order that filled for 1500 shares) still sits out there on the ask for .0018.
yes - sorry for the error - I meant that the difference between 950K shares at .0017 and .0018 is only $95.00 (i.e. $1615 vs. $1710), so on L2, the buyer waiting for a fill on 5M shares at .0017 could pony up another $95 and get 1/5th of his order done.
thanks for the correction
MPEETS (continued) - 950K shares of the 5M someone has placed a bid for are out there for the taking if they are willing to shovel out another $95.00.
MPEETS....5M not 1M.....TD Ameritrade shows the current Bid at 5 million @ .0017 (not 1 million). So, that is actually $8,500.00 - still not much, but not peanuts either if this is one order.
So, if I wanted to dump 5M shares, not that I am going to, but I would be curious if the full 5 Million would fill or not.
nyrdangel1 - doesn't look to be related - the proposed site mentioned in the information you found is about 40 miles south (straight line) of the Tire Shredders Unlimited site. Address of TSU is 4519 Commerce Ave., High Ridge, MO 63049 if you wanted to take a look at Google Maps
Thanks Eternal for keeping this on the forefront. Kim likely knew the timelines, but schedules can get bogged down, so a reminder can't hurt.
FirstMike - When considering the Trademarks in hte hopper right now, I would tend to favor "SPILK", but can see the differentiation when using MS to reference the current generation. Perhaps SPILK is being reserved as a unique product identification if/when KBLB acheives PSS.
Thanks for the feedback Mpeets. Makes sense.
If that was the case, MM's must have had quite a bit of "cleanup" to do based on the number of trades this morning.
29 trades between 200 and 2000 shares at .0021 in the first 39 seconds after market open? Saw this a few times before, most recenty, yesterday. Any ideas as to what these could be, especially when considering that the total dollar volume is between $0.42 and $4.20 a trade, respectively (including commissions unless these are MM transactions). Weird stuff.
Speera posted it, but I don't recall if it was a drive by or image obtained off a website. Speera can confirm, but here is the post
investorshub.advfn.com/boards/read_msg.aspx?message_id=73296733[tag][/tag]
MPeets - not too strong in IMO. I agree with you entirely. Any email responses cannot be interpreted as good or bad news (IMO). Only an official PR can be interrpreted based on what news is provided and ones own judgement whether that news is positive or negative.
Positive / Negative...I still read both types of posts, sometimes for entertainment value. I find it entertaining that folks get upset that JT isn't devulging upcoming plans or new/existing ventures. If JT is going to make available new information, he must do so in a PR, not in an email to a single investor. Why do some think they can get insider information and post to a public message board. I just find those posts hilarious. If JT doesn't have any news to report, then there is no PR (and definately no email response giving folks an inside scoop on upcoming events).
All IMO of course.
Wow - '99. That's sure taking the word "long" to the extreme. You've got me by 8 years. Is this the "ratpack" that holds in excess of 30M shares each (or just shy of 30M)?
I must not be in the group you categorize as "everyone". I for one did not respond to either. No new developments either way. Yes, I heard about the whole phone number thing, yes, I heard about AltGen going back to rehudle, but neither are significant enough for me to raise my blood pressure. On the other extreme, nothing positive either to get any my excitement brewing.
King, to be honest, I don't recall if the size was different between the two. I was just surprised in how firm the cacoon was. Probably my own misperception, as I was expecting it to be of the consistency of a cotton ball. Kim explained that the "firmness" element was the glue and it provided a protective shell while the worm mutated.
King - glad you made it down to ATL - sounds like it was worth the trip. I was glad to see affirmation that the same foot traffic continued through the 3rd day of the event.
We should have grabbed lunch while you were here, but then again, we are well hidden behind our IHUB tags.
I don't have a camera with a big enough lens to capture what is probably a 50K square foot cavernous display of classic vehicles - LOL
FirstMike - well said and I agree. There could have been some things done to spruce up the displays (i.e. flat screen with video of some type that was in a continuous loop, graphics/charts (on an easel) presenting tensil strength, flexibility, etc. However, comparitively to the majority of displays, it looked fine in person. There were several booths that you could tell companies spent a bit of coin on, and yes they did catch your eye, but Kim's booth was looking pretty good when you looked at his neighbor directly to the left (Non-Wovens booth). Non-Wovens was two tables with magazines and their signage looked like it was just printed on an old inkjet printer that morning on some paper that they picked up at the local drug store. The military booth across from Kim was done very well, but it was a bit larger in scale.
What's your email - I'll send you a seperate note on one item you mentioned.