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Massive volume!!!
Speaks volumes really. More waiting. Might have to evaluate and push back my current opinion of commercialization in 2016,& profits in 2017.
Case in point ssm. A mou announced years ago. Nothing mentioned since.
Such a promising set of remarks, followed by more disappointment. One can only (again) hope big news is around the corner.... stagnant is an understatement.
You are missing my point. If certain milestones are not reached by the time the newsletter is due, then they should be included in the NEXT newsletter. Just work with what you've got rather than publishing one month late. Remember the next would be "due" in April.
Patience is irrelevant. This was supposed to be a quarterly newsletter, not a newsletter based on milestones.
Here's my response from IR:
Hi XXX,
I don't know about the timing, nor do I have an official comment from management on this, so I can only speculate. My theory is that management would like to include information on the Vietnamese production agreement in the newsletter and they must believe that they will be able to comment on it soon.
Best regards,
Ben Hansel
720.288.8495
Was this information conveyed to you via Ben, or is this an opinion based on the evidence before you?
I've now sent two messages (regarding the newsletter and lack of information) to IR, still no response. Has anyone else had any joy? If so, what was the response?
To the moon!!!!! Right?
I'm seeing unkept promises on better communication and tumbleweeds. What I'm not seeing is the newsletter due last month.
Wow. No argument with this one.
Did banana bob give you permission for use of his "forward looking" comments ;).
LinkedIn states he's still with the company for what it is worth.
https://www.linkedin.com/in/jon-rice-3b790217?trk=pub-pbmap
Taking into account that spider sense is JRs domain, let hope the dates are just a coincidence.
Sentiment agree wholeheartedly.
Purported has neither negative nor positive connotations.
Struggling to find any other "facts". Anyone think of anything I missed?
Spot on!!! The problem is, there are very few facts since the announcement in 2011. As I've said recently the only facts we have are one publication; confirmation by a reputable technical textile company that they are working with our product; one photograph of a purported meeting with Vietnamese officials and one purported photograph of a glove made using our product. That's it!!
Not this again. Doubled from what???
Enough with the "forward looking statements" comment. What do we have other than them? Since 2011 announcement: One publication. Confirmation we are working with a reputable technical textiles firm. A photograph purported to be a glove made from monster silk. A photograph purported to be of a meeting with government officials in Vietnam. And a WHOLE BUNCH of forward looking statements.
Has anyone had any comments from Ben regarding the newsletter and Vietnam recently. Still awaiting a response.
Thanks. Please post response.
The foward looking statement magazine. Aka spider sense.
Anyone heard anything about the pending spider sense? Strictly speaking, we are now overdue based on last newsletter.
My bad. I forgot the proof of concept picture of a glove.
I stand by my belief. Only a couple solid irrefutable things have come from this company since the spider-silk worm announcement at Notre dame. One scientific paper in 2011. And comments from Charlie confirming his company are working with the fibre. Everything else is hearsay. We need solid news. Solid news of progress. Not of profits or revenue. Simply solid news that we are on the road in the right direction. That's why this stock is at two pennies.
The 23rd Jan is exactly three months from the last one.
Well said. The deadfish is starting to smell rotten.
Let me clarify. Those "forward looking statements" whether intentionally or not, painted a more advanced picture than than reality. And your statement suggests, that I bought into them 100%, which I did not.
Me too. My problem is not the timescale, it is we were led to believe we were further down the path than we actually were.
Happy new year!!!
Predicting production begins 2016. Profits 2017.
Hilarious.
After some thought I think we are looking at profits in 2017 earliest, more likely 2018. Give the current speed of events. That said I think wrt shareholders I think that price movements will precede that as certain milestones are hit. The two major milestones for me being silk production agreement in Vietnam, and announcement of development with major producers. I also think less commercially relevant news may have an almost equally major impact, such as ballistic armour, which may hit headlines and capture the publics eye. 2016 will be an important year for shareholders.
Great point. Without doubt a possibility.
Genetic insertions, like most things, follow the law of diminishing returns.
I think monster silk will never be obsolete. Think of it like the vanilla ice cream of gm silk. Jack of alls. Improvements might come but the name monster silk will be our biggest brand name.
Have to say, though I'm expecting a positive spin and some news of progress, I'm expecting a dip Monday morning. Hopefully I'm wrong.
Now into the third year since that quote. Dragon silk has come into play, that might push things back a little. But you have to say that we must be close (i.e. Within the year) of an announce wrt Warwick mills.
Lots of positive spin in 2012. Zero meat since. We'll compare it in 2018.
Agreed. Expecting lots of positive spin on progress. But no actual definitive substance to the cc. This would be completely deflating.