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Lets put it that way: the share was going in the right direction before we were lurked to believe that production was on its way and that we could see commercial sales pretty soon...
I know, but making no impression is no better!
I understand what you are saying Thruth and as a chess player I know that you have to think a few moves ahead, but I don't think it should be a surprise to anybody as to why the PPS is at the current level, specially Kim!
Lets' put it that way, the more secretive the Company gets the less attractive it gets, people don't like the unkwon or anything that is perceived as being hidden from them...
I really think that the lack of information release is playing against us, ie all those secretive agreements, the non disclosure of BR test results, the unkown results of all the other strains of sw, the non disclosure of the pilot result with SSM, etc. Kim certainly understand that, so his surprise about the current status of the PPS is also very surprising!
Bob, we all know that this stock is where it is, because as shareholders or as the general public we still don't have a clue as to its marketability, ie no indication of any commercial sale!
You got me!;o)
You raise a good question Mike, why would anyone from an official picture like that one be cut out?!
Could it be someone that share holders could recognize and take as a hint that a major player has accompanied Kim in his trip? I hate that kind of mysteries!
Thanks Mike, Ms Ching certainly has all the credentials to help Kim in a joint venture and in the international laws, plus, she probably knows Kim very well as they may have done business (or studied) together in Michigan?!
Well, I read the news Today and it's all right but it won't have much effect on the PPS because there is no factual value in that news other than Kim being interested to invest the Company in Vietnam and that the Vietnamese government might give its support once operations have taken place...
If Joe Cunning still has strong ties with DuPont, this could be a possibility (this was already argued in previous posts) but I think we are still miles away from that. Also consider that SmithKline Beecham may, at one day, want to have a portion of KBLB, once the medical applications are developped for MS, BR or anyother stream of silk...
Hi Es, how would he know what company or manufacture to look at? There's probably more than one that could be a possible partner or an acquisition for KBLB?!
Exactly, and Kim did in fact told us that there were discussions with foreign governments, so this isn't anything new! There is nothing concrete yet to be released through a PR so it seems...
Could be, I mentionned MS because we haven't heard anything back about BR!
Don't worry, there's always room for the negative, like there's always room for the positive...it's only a matter of perception and reception.
Yeah Jetow, I'm expecting the down side of the news by the usual suspects, they are probably carefully reading everything that is being said to built their comments...
Indeed, thanks!
Page 11 is interesting:
3.2 investment Forms
Foreign investors shall carry out the following forms of investment in Vietnam:
Direct investment
indirect investment
• Establish economic organisations such as shareholding companies or limited liability companies;
• Invest in the contractual forms of: Business Cooperation Contract (BCC), Build Operate Transfer (BOT), Build Transfer Operate (BTO), and Build Transfer (BT) Agreements;
• Purchase shares or contribute capital in order to participate in management of business entities;
• Invest by way of mergers and acquisitions
The forms of commercial presence that foreign investors can set up in Vietnam are presented as follows: • Representative Office;
• Branch
• Wholly foreign invested enterprise
• Joint venture with Vietnamese partner(s).
Kim's plan did mention that the Company will consider its further development through possible merger and/or acquisition.
Sorry, I provided you with the wrong link, here is the right one:
http://www.kpmg.com/US/en/IssuesAndInsights/ArticlesPublications/Documents/investing-in-vietnam.pdf
I wonder if those talks happen prior to any action taken, ie that a partner has been formally identified and production of MS worms begins or that these talks are just to officialise the partnership between KBLB and Vietnam and a company in that country? I'm not sure if they work in the same way as Chinese do in investments by a foreign country company.
I know, but it's good to have it officially disclosed. It's good to know that Kim's plan is materialising. Very good for our shares of the Company!
Wow, Kim seems to be treated like the President or a Prime Minister! That shows how important this is for that country...
Oups sorry, forget my last post, I should have read Truth's post before...
Hi Sock, what is the source of that news?
Bob,
We maybe on a positive trend but it seems that there is always an ask at .056 each day but at the end of the day it closes at .052, so far, and probably not likely to change because there is no indication of a garanteed good news (the last PR mentionned the possibility of development (with Warwick) as early as January but more likely in the next five months...). I know Warwick is not the only front for news, but it probably is the one that could have the most impact on the PPS...
Well it doesn't look like we'll get any news of substance this week, because if it was the case we would have had it already! JMO.
In the week of January 6
The unkwon
I'm not kidding, if I had such game changing material I would have considered all arrangements before signing any deal. I would have carefully assessed what and how MS could be integrated into existing product or new product. That is my perspective...
True, but Kim would have to release information that has a material impact on the Company through the financial statements.
Would Warwick have to release anything through a PR as a private company? I think that KBLB would have to do the release as the owner of 50% of any rights on new product incorporating MS...
Thanks Es. Fourteen days with a material and no action, seems strange, considering the potential impact of that material if weaved as a new fabric...
Sorry that was 21 days since the first shipment of MS to Warwick Mills...
18 days since the first shipment of MS to Warwick Mills. Would they have had enough time to work it out and do the first weaved material? It would be nice to hear about it on the first week of 2014 or why not this week?
We are still lingering on BR. What happened to it?
It really would be nice to know what companies are behind the NDAs or CAs...
What about the other streams of silkworms?
Plenty of material to be released through PRs, will they come and have the desired impact on the PPS?
Hope so...
Well done Truth!
A very special thought for Kim and evryone working with him to bring the Company to a new level in 2014!
Merry Christmas and have a nice holiday everyone! May 2014 be very jolly and make us all millionairs!!!;o)
Mojo, I read the comments but I rely only on what the Company releases, though I appreciate what some of my fellow investors share following their discussions with Company representtives or related parties.
Truth, you should know that nothing is ever satisfactory for some...