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“Securing this bridge financing was a key piece to funding the Company’s commercial expansion strategy and puts us in a strong position as we shift operational focus to production,”
That’s the company telling us they needed to do this to get to the next phase. Hopefully that next phase is phase 2 and lots of financing coming with it.
I hope this last piece of news wasn’t the big one you were expecting.
Hey Yank- how long does it take to get that consistency and quality regarding our silk in Nam? Next couple months reasonable to expect?
Hope it’s true but these posts occur a lot on twitter for various stocks and end up being duds. At least on a couple of other stocks I follow.
When does the explosive news hit Col? I think KBLB is waiting on something before sending out a PR.
Srin- thanks for this solid DD. In your opinion do you believe this will become more of just a rollout soon and expand into every Cvs store? Is that legit at this point?
Hopefully someone from BIEL will be doing an interview on UpTick soon. My belief is that they are waiting on some sort of news or deal to have something good to talk about. Why else would they do it then?
But keep in mind that Truth was down right giddy just a month ago about the prospects of KBLB being successful. Even changing his handles name and posting pictures.
What changed? Some of us have done extensive DD and know things are happening behind the scenes.
My advice would be if you are expecting good news soon tack on another three to six months. Kblb moves at its own pace for sure.
Understood Truth. That’s always a concern. I doubt Kim hasn’t thought about this or doesn’t have a plan, even if Vietnam further delays.
I’m also curious about your take because not too long ago you were down right giddy about kblb and their prospects for success. Surely even during that time you knew about the potential issues financially. Has that changed on your end or just stating the obvious?
Thanks!
What’s your best guess on that Truth? Do you think production has begun?
Good stuff Truth. Thanks for the dd. I’m curious if you’ll still be dropping more tidbits of info before your posts are up?
Definitely there are things going on behind the scenes regarding KBLB but when Kim decides to release news is anyone’s guess.
Great stuff. Looks like possible expansion.
Once we get to 10 where do we go from there? Buyout?
Truth- do you get the sense this is the issue possibly for not getting a PR sooner?
Also, I believe Kane and Lee have and will continue to prove their worth to KBLB. This year could provide the fruits of their labors.
.10? Needs to get higher then that for a buyout to be in dollars.
Truth- like we are seeing with articles coming out from Vietnam about Kblb we are maybe seeing an uptick of articles about the Army and the use of new materials like Spider Silk.
Always a wait and see approach but perhaps the calm before the storm before we see an actual official PR from KBLB regarding another Army contract?
Can’t wait to hear about another contract possibly.
Will the 2.0 Truth ever go back to Truth? I’ve got to think if consistency was an issue you wouldn’t be as bullish? You do great DD and I’m sure this is taken into consideration.
Are they with us in any capacity seven-up?
Big name?
Link please? Don’t see any tweet from the company.
What’s your take on that?
These are posted all the time regarding penny stocks from that company. Garbage
Should be an interesting week. Let’s hope for some news.
Sunny, I’ve seen them do this with another company recently called BIEL. I actually think this week is when they said it would air. Like I said I just don’t think they are very credible. Hope I’m wrong of course.
Confirmed or speculation MT?
I think demand could be bigger then we anticipated truth. Kim does have a plan. Once contacts start to roll in is when we’ll see the SP move. I don’t think we are far away from that happening.
When do we get some news? Outside of Keith doing an interview with uptick.
Thanks new. Curious on the last point. Was that from the company or your opinion? And what do you make of that statement? Will company be releasing huge news to back that statement up?
What’s your outlook this year hopeabides?
Thanks Fuja for the response. Much appreciated. You think we see something on that front this year? That would be explosive.
Maybe part of a military contract or application? Is this more a guess or do you think there is more there? Thanks.
Sunny- I have seen these tweets before. Up listing, to contract, to being bought out. I just don’t know how credible it is.
Boom!!! This line is tremendous.
to further boost the silk industry with our revolutionary technology. Kraig Labs is currently finalizing renovation plans for a ~46,000 square foot production factory in Quang Nam Province, Vietnam.
Couldn’t agree more. I think some juicy pr’s are on the way. Let’s just hope the market reacts accordingly.
All good points. At the end of the day does this get bought out in two years and who do you think is likely to make that acquisition?
Holding strong.
Awesome. What’s the price we need to be at before the split?
West- take us through how we get to $10 this year? Would love that
Good point. Robert Wolff was on Fox Business this morning and typically makes regular appearances.
What would that price be, Trez?