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Yeah, just like we can be in production and sales within the year, but the year may extend to the next one, and possible the other one!
Whooo your making so many good points and you are so exact in your information that it's not even worth debating!
Just so you know, mid-year is June not July...
"Why is anyone worried about silence? We were told mid year. We are getting there. Why would anyone expect news sooner than we were told was our estimate. There is nothing to say. The worms are spinning, moths are having sex and eggs are hatching. "
You are refering to production only, but the Company is still silent on the test on BR, didn't it buy an equipment for these tests and PR'd it?
The Company is still silent on acquisition or venture of a silk farm, didn't it PR'd being in discussion for this?
The Company is still silent about the test weaves on the small quantity of MS provided to WM, didn't it PR'd the first shipment as a stepping for the production phase of the Company?
So, being very near to mid-year, and having the last PR (May 29) indicating doubling the survival rate, and knowing that the last shipment was a small shipment (enough to make weaving tests), and knowing that WM required adjustments following the last shipment and considering all the rest, silence is not a good sign, at least not for most of the investors! Hence the worry about the silence, hence the PPS going down, down and down...
If the so called great silence perpetuates, it might even go lower! Who knows...
Wow, we really are doing well! How low can the PPS go now...
How am I not suprised of your typical reply when you are faced with the truth! Anyways, I'll get back to business, this is about KBLB, not about you or me.
And you are, obviously, in denial of your past history of posting...
Since you like to ask for evidences, show us an evidence that you presented one negative aspect of the Company without a subsequent comment explaining why that negative aspect was not so negative after all, or not to be seen as being negative...
Truth you may have some ability, but seeing both sides of the coin is not one of them. You have always presented or defended only the positive aspects of this Company or anything related.
And I agree with you Mojo. It doesn't make sense! No ordinary person should have to wear a bullet proof vest for their normal actvities.
Seems to be comon ground for a penny stock!
Do I look surprised to you?
I find that the discussion hangs a litle too much on the science and not enough on the economic of our stock as if the science was still the driver. I think we are passed the science and that the economic should be of a more important consideration at this point, but that's my opinion.
Not better, not worst, just trying to put some balance in what is being said on our stock here. It is not so hot as some are pretending it to be.
And frankly, I don't understand why some posters here try to "encourage" others to buy or sell this stock, is this a stock promotion blog?
Oops!
Well, apparently the market is really not "poised" to move on to another level despite the "exciting" news to come!
Well, apparently the market is really "poised" to
Do you even read what I wrote?
I never said that our product will not sell, I don't know if it will sell, we have no proof of sales yet. Some here think its a done deal, I don't think so, no matter how miraculous is WM's work according to some. I'll believe it when Kim tells us, his so beloved share holders, something like "The Company has shiped his first shipment (not a small shipment for test weaving) of MS that will be used for x product and the financial impact is so and so on the Company"
Proof is what matters. PNAs required proof to publish results of MS, Textile World needed proof to publish textile of the month, bankers and investors require proofs to get the assurance that their investment will generate returns (yeah bankers will lend you money, only if you have assets as guaranty and/or facts ( business arrangements for production and sales) and comparable numbers that your business will generate enough revenues to enable you to reimburse the capital and the interests).
I don't believe for a second that Kim or any scientist would go and claim "we have achieved pure spider silk" if what they have achieved only has the properties of spider silk and not the same composition.
This is not about context, but proper wording and its meaning. If I talk about pure water, I don't just talk about its properties but also about its composition, ie H2O, not H2O plus other minerals which can change the property of the water. So if reference is made to pure spider silk, it is not just about the properties but also its composition. You have introduced the notion of context to get your points across.
Quite the contrary, Kim has to prove that our product is selleable because he has to sell some to make revenues and to make profit, to increase the value of our shares, that's why i own shares, to make m o n e y!
We know that regular silk is selleable because it is sold all over the world but we have no proof of sales for our silk, ie MS.
Complete non sense, me holding on my shares does not mean I'm satisfied with the info that I get from the Company. Maybe I'm just waiting to get back what I lost. Maybe I'm holding till I get the info that I'm looking for. Maybe I'm waiting to reach the price target that I've set for my investment.
What are you arguing about? I didn't talk about farming or about regular silk producing?!
Wow that's too much, you must be in my head to know what satisfies me!
So, in short, the answer is no.
But the denomination of pure spider silk is irrelevant as PRs have indicated that our products are superior to pure spider silk, in different ways...
"You can produce a spider silk fiber with properties that either equal or surpass that of natural spider silk from a spider.
Using metallic ions is one way."
But will it have the same molecular and genetic structure as pure spider silk?
Dem and Spill, how could a silk worm produce pure spider silk?
I think that question was debated thoroughly a while ago...
I guess you'd still call me John even if my name was Joshua?!
"This is the entire reason for WM John.. To prove to the world.. Wm will be our number one buyer also John.. They will buy all supply from us. As much as we make, they will buy, until we get the population up. They have 100 mill in there pockets man... What you think the Military just awarded them a record level contract to knit sweaters.. Testing cost money John, and it takes time to perform all engineering test.." Assumptions, assumptions, assumptions...David?
"I am satisfied. As far as products, there will be no products, kim sells silk. The more silk worms, the more silk can be sold. This is where we are at right now, trying to expand a population."
Our product is silk or rather a new type of fiber, so Kim is trying to sell that product but sales have not been confirmed yet as there is no confirmation, yet, that our fiber could be weaved or be used to do something.
"I say, we right where we need to be. Last year, they had problems huh, only 30% of the worms where living. It seems, this is not a problem any-longer, and now 70% are surviving."
The surviving rate could be 100% that it wouldn't really matter, we would probably produce more fiber but to what use if we have no confirmation that the fiber could be used huh?!
I'm glad that these info satisfy your needs but they don't satisfy mine...
"Key points.
We are working with 3rd parties to facilitate expansion. "
Ok, what are the financial implications of that and what is the third party (is it credible, reputable, sound financially...?)
"WM is working on test weaves. Mind you the militarily awarded them 100 mill for bullet proof vest, and open contract mind you."
Your satisfaction of this information rely on the assumption that this military fund will be used to put our product on the market?!
"We have BR, with tensile strength approaching native spider drag line.
We also know from research that tensile strength is a function of silk drawing speed, that we can double the strength of the line, by force drawing the worms at a certain speed. "
Interesting info but what is the expected outcome of that product? How will it be used by the Company? Why don't we have the test results?
"Kim dint also go to Vietnam for no reason. Huh..."
With all good intentions, if a deal is not sound, you should not take it, especially if a better one is proposed. What about India huh..?
"Is kim holding out on other genetic variants, possibly.
Would it matter to us now to know this right now, not really."
If it would be the ultimate material, it would matter, look what happened when they announced MS..,
"So again, we have all the information we need, and all that really matters."
So again, you have all the information that you need, and not really all that matters.
Truth, the FACT is that you, like all of us, don't know what Kim could be saying to us.
He is probably holding some strategic information but maybe some of these are not so strategic that it could not be released...
Dem, I agree that growth will drive a share partly, revenues, and mainly profit, is what really counts to drive a share!
But apparently we can't handle the truth!
Better be a signficant (to the share holders, not to Kim) progress update, because I think many share holders got burned by previous PRs that were supposed to be sooooo significant, they would be game changer!
Truth, it is a CONSERVATIVE estimate, which leads to believe that it could very well happen before...
No wonder why you think he's lying!
Ben is not privy of all the development at KBLB, maybe you think the contrary...
"in other words, the answer to your question was no... "
You are correct for that part, but it does not mean the Company will not complete the metric ton in June.
"didnt that idiot ben just recently tell another poster who asked the same question that kblb was still on target which made everyone all giddy?...wasnt the ton by mid year based on 30% yield as some would have you believe?..didnt this pr just say they are doubling production?...from what?... didnt that idiot ben tell someone that the ppp could handle metric tons?...
they are not even at a ton yet and are talking about needing to expand?..."
I don't agree to describe Ben as an idiot, though I recognize that answering the obvious (i.e. repeating the info from the PR in different words or in a different sentence structure) is not perceived as very smart. I do agree with you though that we are comparing to nothing because we were never told the quantity (other than being a small shipment) at the yield rate of 30%.
"doesnt sound to me like they cant do tons, sounds to me like they have no need for ton quantities of whatever it is they are producing...but they are going to expand..maybe...someday..."
What you're saying is just as informative as what Ben gives us, because you don't know...
"i had no doubt that slacker kim would fail to produce a ton by mid year...but wheres the carrots to get this pps moving?...the chart is primed kim...say SOMETHING besides pure BS..."
Again, I don't agree with your qualification of Ben, and I'm always surprised of the leaway you get in your posting as compared to other posters. As for the carrot, I'm quite confident that the month of June will be a good month with a good crop from the garden.
I asked Ben if, following the last PR, it meant that we will have a metric ton of MS, or even more to deliver to Warwick Mills in June?
His response was that the Company has not hit metric ton production yet and I’m sure that, if and when it does, the Company will announce that milestone, but, yes, it is able to deliver much larger quantities to Warwick Mills.
Banana, I can tell you for sure that we have not yet reached the metric ton milestone, the latest PR is a big hint. Though I agree that we might have some interesting news, perhaps about a new shipment to WM, perhaps some development around BR, perhaps some development around SpiderPillar.
She's gonna wear a MS tie only, that would be an interesting add!
You got high hopes!
Midnight, even if it is not a metric ton or tons, WM will receive a shipment of MS pretty soon but I don't know the exact date of it. We will certainly have a PR for this.