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Not exactly the blockbuster I was hoping for, but Kim & Jon do appear to still be breathing.
Ready for investors
Thursday, july 20, 2017 09:33
(QNO) - A Quang Nam provincial key investment promotion programme has just been issued, whereby the projects are introduced to investors and ready for their choices.
Investment agreement signing ceremony between Thien Minh and TUI Groups
Investment agreement signing ceremony between Thien Minh and TUI Groups
Realization of investment promotion
The Quang Nam Investment Promotion Conference 2017 (on March 26 in Tam Ky city) attracted 32 investment projects with a total registered capital of USD 15.8 billion. Besides the provincial investment promotion conferences, Quang Nam leaders have given direct marketing, calling for investment at domestic and international economic forums and conferences. The number of 5300 businesses and 143 FDI projects with the total registered capital of USD 5.5 billion can confirm the effectiveness of the Quang Nam's investment promotion.
The attractions of Quang Nam are not only the abundance and diversity of natural resources, favorable geographical location but their specific mechanisms and policies. According to Chairman of the provincial People's Committee Dinh Van Thu, Quang Nam has actively searched for investors and is ready to serve businesses. For Quang Nam, businessmen and investors are companions and consultants on its economic development. Hundreds of projects with many big investors, thousands of businesses attending the Quang Nam market promise an investment acceleration here.
Choice of investment
According to Mr. Thu, Quang Nam authorities cannot promote or attract investment massively. Only qualified projects are selected on the basis of financial and livelihood supports for the residents’ stability. They are also determined to reject the projects that damage the environment.
Quang Nam has not waited for investors but given them available projects for choice at the investment forums or conferences. In this spirit, an investment promotion program was issued on June 29, 2017 with a relatively comprehensive list of projects of supporting, processing, manufacturing industries; telecommunications; new energy and renewable energy; the industry of agriculture, forestry and fishery products; construction materials; hi-tech agriculture; infrastructure of industrial parks and clusters.
Vice Chairman of the Quang Nam provincial People’s Committee Le Tri Thanh said that Quang Nam has changed the way of investment promotion by directly meeting the potential investors; therefore, the result is better and more reliable.
Quang Nam is planning to cooperate with foreign research institutes and consulting agencies to evaluate the trends and the partners from Japan, South Korea and Hong Kong. The province also focuses on 6 prior fields within the framework of Vietnam-Japan cooperation; looking for investment opportunities from newly signed treaties such as the Korea-Vietnam FTA, the Asia-Europe FTA, and the ASEAN economic community.
The Quang Nam set of investment guides including investment plans, websites, brochures, video clips, and opportunity projects is being completed in Vietnamese, Korean, Japanese and Thai. The set of documents is also updated regularly in order to timely send to investors the projects calling for investment, legal procedures, mechanisms and policies of investment, the information relating to industrial parks and clusters among others. At the same time, it is necessary to review and monitor the deployment of licensed projects to ensure their progress.
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Neither Kim or John were present at the meeting? That's disappointing. I won't be expecting a PR concerning Nam this week then, maybe an update in the next newsletter.
Then I assume that Team KBLB put responding to your email on the back burner.
Is it still what it is?
Maybe there is good news to report on the army project, otherwise.....
I can't make heads or tails of the article. On one hand it looks like they gave the thumbs up, on the other hand it looks like there are still hoops to jump through.
Ivan you have changed your tune. Almost as if you own shares now.
About 5 1/2 cents per share. I'm hoping Kim can negotiate for .06 though.
Dated July 12, 2016........
"The base effort on this contract is scheduled to last ten months...."
The base effort on this contract was not completed by May 12, 2017.
Why are people saying that there was not failure???
Mind boggling.
10Q is filed
Thanks Golferman.
Hopefully we hear about it on Monday.
Casey
Did you get a reply?.....
"I will be also send a copy to Ben asking if it has been signed yet. "
"Response from carps efforts proves mass production with certainty."
You are calling mass production pounds I guess. I am calling mass production tons. I guess that is a matter of opinion. In my book, there is absolutely no proof whatsoever that the company can mass produce (quality silk).
I'll have to disagree with you on that.
I don't think news of a new fiber would do anything at all for the share price. After all these years since the first super fiber has been created, the Company has absolutely nothing to show for it. Until mass production is proven, it means very very little.
Would you care to divulge how many shares you sold today?
I only ask because including dragons 200k sold today, I can account for just over 300k sold of 2 people I know, for a total of just over 500k. Just wondering if the 1.8m shares sold today was just 4 or 5 people.
Thanks carp
"ANN ARBOR, Mich., -December 19, 2016- Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (“Company”), the leading developer of spider silk based fibers, today announced that it completed the first batch of Dragon Silk™ cocoon production for its recently reported military contract."
Today's PR....."The Company anticipates completing the additional silk necessary for ......."
Either the company is talking about "completing" different things, or someone's pants were on fire in December.
" I an thinking we have a month before delivery. "
Delivery of what?
"The Company anticipates completing the additional silk necessary for producing the woven shootpacks for the US army in the third quarter."
This tells me that Warwick isn't even going to get the silk until 3rd qtr, not to mention the time it will take them to weave and then deliver to the army.
The army will then test it for who knows how long.
Thanks yankee, sounds like it should be an info packed newsletter.
I had a similar response to my inquiries from March 16, which I believe were answered on March 20..........
"Good afternoon Mr. Hansel,
I was wondering a couple of things about the shoot packs. I understand that they are to be delivered to the army in April. Is it fair to assume that Warwick Mills already has the reeled silk and is weaving it? Secondly, is there any indication from the army as to how long their tests will take before they might reach a decision about awarding the next phase?
Thanks in advance,
XXXX Casey"
Ben's response.......
"Mr Casey,
The Company hasn't published an official timeline, but I believe that you're correct about the shoot packs should be delivered in April. However, management hasn't commented on the other questions, so I'll ask them to provide an update, as soon as possible, which may be the next edition of Spider Sense.
Best regards,
Ben Hansel
720.288.8495"
Charts mean absolutely nothing for penny stocks.
Maybe even spill monkeys uncle
M4N is absolutely correct! I'm 30 minutes away and I drove there after he posted his hunch.
"Are Kim and Jon Planting those trees themselves?"
You may be on to something monkey, I have heard that Kim is extremely frugal.
Hard to believe that that was almost 3 1/2 years ago that we were told commercial production was right around the corner.
Time flies when you're having fun.
That is also how I read the PR. Didn't understand why that was being debated.
Interesting.
You are saying that Ben mentioned Texas to you before it was PR'd?
Craziest part of it all.......Mr. Negative has actually come to the defense of such claims. What is this world coming to?
I remember such claims, and I remember poster. I didn't believe it that time either.
"Speculation buying could start if Kim announces a name without that proof which is unlikely. The quickest best chance of a large spike in price is moving to phase II of the Army contract. "
You are right........except it is EXTREMELY unlikely. I doubt there is anyone that would believe quality & quantity can be produced until after it has been accomplished. Kim has ramped up & doubled too many times to be believable.
I also believe that there won't be much of a sustainable spike in the share price until phase II of an army contract is announced.
It says that on the website
Just made me wonder why, last October, they would have been speaking with such a company. Unless, our undisclosed facility is actually producing more silk than can be packed in a couple of suitcases.
"we have begun discussions and are in the process of establishing a signing a formal agreement with a key international supply chain partner. "
From 3Q SS. International supply chain partner......any ideas?
Maybe I'm the only one that hasn't seen this before.....
https://en.m.wikipedia.org/wiki/Dragon_silk
Pretty disappointing volume considering there was a PR yesterday.
Could it possibly be a JV with the Vietnamese govt instead of a "household name"?