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I'm sure Kim would kill for such unambiguous coverage. This whole thing is a joke. And it almost looks like a magazine called Biotech review except the website is called winning stock plays.
I think he was bombarded by calls. That was what I got from Ben. And so because there are a bunch of traders around they stopped giving us specific identifying details.
Exactly I think this has long been the case. I remember it going back to some science advisors that asked to have his name removed from record. Said he was working with kraig but didn't want his name associated with it because he was getting flooded with "is this legit" questions about kblb. And from that point on we have not been given even facility addresses.
4 million shares for a couple paragraphs. No.
I think there would be a serious isssue with that for universities that are associated with us. It's the only reason I have ever been in this stock. They are operating in Notre Dame labs for years. Endowments have shares. If it would have been a scam I think kraig would have been booted from the labs long ago. These are all people that are clearly insiders. They can't trade and their best interest is our success. The company is dealing with insiders that arent idiots. If fraud has been committed it is with the direct knowledge of notre dame. And I just don't buy it. Not some crappy random state school that can blame oversight. Notre dame and the university of Wyoming are deeply in bed with this company.
Anyone able to find any Vietnamese news?
Check out their inatagram account. It's in a stage of hyping it and getting more venture funding. And to have a fashion fabric that is still expensive to produce. They have probably burned almost a quarter billion and they want to get unicorn level funding. We have a 25 million dollar deficit. And methodical processes. The tortoise v the hare in this case. But there still is a lesson for kraig labs. Go out and make hype or you are valued based on a bunch of closed door meetings with nothing in the public. NO ONE KNOWS WHO KRAIG LABS IS. Thus. 4 cents a damn share.
Drones are cheap just get one if you are in the area. Return after one use and say it's not that fun.
Yea they have them you just have to pay companies like google for it. Most up to date I've ever seen was around 2 years old.
Worth posting a craigslist add and see if some local kid wants twenty bucks.
Find a drone rental!
Seriously man this is a non issue. You know how many companies are formed in Delaware purely for tax reasons? Doesn't mean they operate there. It's America you form the company in whatever state you want and then operate where ever you want nationally.
Do you know what the cost of living is like in Lansing? It's as low as it gets.
He said common use. I'm thinking bandaids.
The whole farm thing looks like the opposite of what the CEO of sears has been doing. Probably he can get a cheap commercial loan and it's not easy for a constantly diluting penny in the red to get a bank loan. Small town and small pennies.
I don't dispute it was good in the long term. But I'm sort of tired of hearing about a medical company and "the sports apparel company" as though it's so clear we have been dealing with them for a couple years. And it's just this one company. Patagonia has worked with bolt. They made announcements together when it was probably the majority of the silk they had. Made a jacket. Got 50 million thrown at them. Those customer opportunities also make investors see more value. Instead of the whole company (kblb) being valued at 50 million. 50 million is only a percentage of ownership potentially valuing bolt in the hundreds of millions. And that was years ago that bolt collaborated with Patagonia. And that was worth more to a certain group of investors then just buying 5 percent of kraig on the market or getting whatever piece they could in a direct deal.
This matters. The secretiveness is hurting shareholder value. Plain and simple.
I think it's pretty basic. Do we want to negotiate with one potential buyer or ten. Make them compete. These are things that may not have been appropriate two years ago but not they are. If we produce mass quantities in Vietnam, should we just hope that the one apparel maker is willing to pay for our product at the high margin we need to grow? Or should companies be competing for what we have.
I firmly believe that companies should be competing to do business with us. Not the other way around. Because there really is no competition for our product.
Oh and the model S costs less than a Honda
They should be reaching out to Patagonia and north face and all these other companies in a proactive manner. We need a sales department. I'd sign up for that job if I had a nice base salary plus commission on a world changing fiber that we are the only ones producing. I keep coming up with sales pitches but I would leave it as this.
Do you want to buy that Honda or that Model S? It's not a hard sell. And Kim and Jon both have too much going on. You know it took a shareholder to introduce us to warwick mills. Hire a former Ranger or Seal. We are making technical textiles. Hire an operator.
So the question becomes,why aren't more people buying and pushing this price up? They need to hire a marketing company. I'm tired of hearing about bolt and never being mentioned when we have the best process. A couple years ago the info Mike provided was maybe confidential but at this point it is probably well known to those close to all of these companies. So it's not a secret anymore. It's in our best interest for potential customers and shareholders to be informed of this somewhat basic fact.
Yea where did you see that dragon silk wasn't good enough? Please provide a link
You are adding information that was never in a PR. It's just made up info.
You too red!
Seriously.
Was just looking at the chart the ten cents was almost a year to date. This should definitely push us past ten cents. At least short term. The message here is pretty clear. The army tested the fibers and said " oh yea, this is legit" and just decided to give us all the money. Just the testing of the fiber was enough to convince them and award us the full contract without getting the shoot packs. I don't buy that the contract was rewritten. This is still almost exactly a year from the contract being signed for a contract that would last a year. They have excercised the whole thing just based on testing the fibers.
Yes. And we can complain about it as though the company will respond and change, but this is a gamble for everyone. Everyone is all in and it's time to see blackjack or a 23. Nothing we can do other then sell or wait it out.
This! Now why is it that Mike is the one to make such a clear point. Why couldn't this have come from Kim it's not hard to understand the MW in lay terms. Why can't Kim do that? It's not like it's a trade secret. It's just why our product is more capable.
So what made you pick KBLB to pay attention to over all the other clearly crap pennies?
Go pens!
Considering we have a wholly owned subsidiary in a communist country I think we have cut through a bit. One of the times Kim being an attorney that negotiates is in our benefit.
I was actually thinking the same thing yesterday.
When I was in Nam years back you couldn't own a piece of property. If you wanted to buy a crappy little shack you would have to have an agreement set out with a citizen and they would buy it. And those agreements aren't really worth the paper they are printed on. Similar things were outlined in vietnams newer investment model where you couldn't own more then half. They made exceptions for these regions but I figured the government would still take a minority stake. Same thing goes on in China. To just give us a 100 percent owned subsidiary I haven't ever heard of that. Perhaps a Nike or another company could get a majority stake but I've not heard of a company being able to set up on their own. I'm not the best versed in this so it may have happened before but it doesn't happen for more than a handful of companies. It was a huge surprise to me.
Because they usually make companies have a subsidiary that is partially owned by the government
From us. We won't find out till we have the money.
Wholly owned subsidiary. Boom. That is not normal.
When the hell did we get a facebook page.
Yea I'm sure they wouldn't be suspicious at all. "Hey I want to access to your IT." Click.
I would have liked to be a millionaire 4 years ago. Now I'm just sitting until it happens. I haven't lost money since I bought back in almost a year ago. And I didn't lost on my prior holdings. Now I just wait somewhat impatiently.