59is...(put something here)
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Yep, I'd take that too, Spiderpiller. Disregarding holidays, the PPS would be about where I want it at the end of November!
Although I think we'll reach that value before then.
I like the Yahoo news articles headline and summary line.
"Independent Testing Confirms That the New Hybrids Are Producing Recombinant Silk Which Significantly Exceeds Traditional Silk in Both Elasticity and Tensile Strength "
Not new, just puts it out there better for all to notice.
http://finance.yahoo.com/news/Kraig-Biocraft-Laboratories-iw-671089236.html?x=0&.v=1
I didn't mean to imply that there actually was a deal signed. I was merely expressing my opinion (and exhiliration) about how close to a deal we apparently are, and that if not yet, any minute now they could actually sign a deal and put out another PR to that affect.
I fully understand deals take time. I realized, based in no small part on your comments, that KBLB has all the components to make a deal on their part. Not only product, although limited quantity, but test results and most likely even sample material to distribute. Negotiations are most assuredly underway and perhaps even 'narrowed down' to a limited few.
I was also expressing my thoughts about if I was in the position of wanting to make a deal with KBLB, I'd be waiting at the door if not already been in a few times.
I see no issue with the fact that 'a deal' has not been announced yet. We don't know how long all the 'cogs' have been in place nor what conversations have even taken place.
I just wish that Kim would find a lamp and have a Genie grant him more hours in the day, as I'm sure he could use them. And I'm also sure that would benefit KBLB stockholders.
Why couldn't there be a deal signed on the existing news alone? Granted we are speculating as to the state of things, but IF they have the production worms ready and IF I used worms to make my product, I would know about this development and I would be talking with Kim about what he knows and / or has proven as to the qualities of the silk.
IF KBLB is going to provide silkworms, then a deal to provide me with silkworms could be made based on what they currently have and only the delivery would be waiting on the 'production' increases! Right?
It appears to me that if our speculations on the worms being ready and only additional quantities are being created, deals should already be not only in discussion, but inked if I was in that business.
Additionally, IF I made silk and could get my hands on some level of the new silk, I would want a 'yard or two' to make my samples for display and sales presentations. I would want that as early as possible and thereby be willing to ink something as to a commitment for future use.
I don't see why deals can't be signed now IF KBLB IS WHERE WE THINK IT MAY BE WITH REGARD TO THE WORMS.
I'm thinking this stock will be quite a large portion of my portfolio by Christmas!!!
Long, I do support the idea you propose, but that is unlikely considering the silk manufacturers have been producing for hundreds of years in their current method. IF it were profitable for someone to create the method you are proposing, why haven't they done it already and taken over that aspect? 5 - 7 years? Doubtful in my humble opinion. I wish you were right, but...
Add to your methods the cost of government licenses, fees, inspections, rules, regulations, and tax and that is why no one has done it previously.
I wanted to see if I could run out of post and I'm dang near there. Personal goal!! :)
While I'm at it, I'll throw in my 2 cents to 'midnight' and say yes, Americans SHOULD support our own countries business, but not when they are subsidized by my tax dollars and otherwise they would not competitive. When you look at auto line workers making $65/hour in the US, it makes me not really want to support that. When you look at farmers getting subsidies even if they still grow a crop..., When you look at many, many people doing nothing but collecting my tax dollars..., When you see the wasteful spending of our 'so called' representatives in DC..., When you look at how some seem to want to destroy our way of life with their policies...,
enough said and not the venue. I do get 'testy' when some talk about supporting American business. My apologies.
Do you buy only American products? IF so, you obviously pay less attention to price than ideals. That is good, but most people are economically unable to do that.
I'm quite surprised that KBLB's pps is not higher than it is today. I don't think people realize that the PR gives very good news about KBLB's 'march' toward commercialization.
I wish I had more cash to 'place my bet' here.
Well, I certainly hope that KBLB can generate some jobs in the states. We can certainly use them. I hate to see our knowledge and 'brains being picked' by others who benefit aside from the American Worker.
Just hope the US government can't find a way to get involved!!
:)
I thought that at first, but now I believe the comment refers to the "original commercial strain" as 'standard' silk from current commercial silkworms.
However, I may be incorrect.
AS I believe ZF put it some time ago, developing Gen 1 stronger is not necessary in order for it to take over a significant share of the EXISTING silk fabric market.
IF you make it too strong or close to pure spider silk, then the benefit of having two or three products becomes less significant.
I certainly agree with you about keeping the IP away from any who might try to captilize on what KBLB has done. And that would be one way to control it.
I am not sure how they can economically do that with American labor, but I do agree that if KBLB could produce the cocoons to and ship that as a product,it would be highly desirable.
I am most anxious to learn how Kim plans to commercialize this. IF he plans to 'raise cocoons', that would obviously be a facility aside from U of ND's lab. I am curious as to how many cocoons they are able to raise in that facility now. I was surprised to learn that they had raised as many as they had during the Sept PR. And gotten those cocoons to thread as well. Who did that for them? Lab rats?
Love to see the lab purchases for those mulberry leaves too! :)
I don't mean to create any debate here because it is almost useless in the discussion until such time as we know what KBLB's intentions are; BUT, I remember a few links in months gone by where they showed either Chinese or Japanese 'farmers' raising the silkworms to the cocoon stage and they were talking about the intensive labor getting them to that stage. Care, feeding, separation, etc... I remember people carrying large round, relatively flat bamboo type discs on which the silkworms were laying and munching on those mulberry leaves. As I remember they were talking about how the raising of the silkworms were labor intensive and the farmers were not paid that well.
Again, it's not worth debating anything and I'll leave my post to end here, but I would be surprised if KBLB is involved in that aspect unless KBLB decides to 'farm out' (pardon the pun) that part of the process to some overseas group. I don't claim to know how they will get this to market though, nor what aspects KBLB will perform or partner or what.
KBLB has the knowledge which is the best part.
Thanks, that's what I was thinking but there was something in the wording that made me wonder.
"It has been relayed to us that the next few PR's will provide information for investors to formulate questions to submit for the conference call scheduled for Friday June 9, 2011 at 4:30 pm.
"
Red,
Who is "us"? Is this a quote from KBLB release or yours? IF yours. What "next few PR's.."? Who said there will be more PR's?
I'm not doubting, just curious.
I was under the impression that there was significant manual labor involved in the raising of the cocoons and getting them into strands of silk.
Taking the silk to making a fabric should be mostly mechanized???
Actually my question was more to the point of have they tested the NEW LARGER COMMERCIAL silk or they tested the silk from Sept and now have the larger worms?
edit: AND is this "commercial silk" "signifiantly stronger and more flexible than the original strain.." That original strain being what KBLB had in Sept?
My assumption is they tested the new larger commercial worms silk, but just looking for consensus.
"We are working diligently to increase our stock of the new strain in order to increase our production capacity."
Does working diligently mean 'mood lighting' or silkworm viagra?
After they've got the silkworms of the right 'type', what exactly does the lab 'diligently' do to "increase production" besides let the worms 'do their thing'???
Or is that diligently working on 'other things' to increase production???
"Independent Laboratory testing confirmed that the transgenic/commercial silkworm hybrids are producing silk which is significantly stronger and more flexible than that of the original commercial strain."
I intrepret this as KBLB created a larger 'commercial' strain of silkworm and the silk these commercial worms have produced (and which has been tested), is "significantly stronger and more flexible than the original strain...", which this 'original strain' was what KBLB had in September.
Is that the way everyone understands this?
It appears they 'mated' different silkworms to create the "larger commercial strain". I'm guessing this increase was not done genetically.
If that is the case, additional size increase wouldn't appear to be possible without another larger worm. Or at least any significant size increase.
However, I'm still very please with this news.
KBLB, getting bigger and better.
Love the "metal digits"!!
Definitely agree with your thoughts. Real money is in getting the research to market. Although KBLB is not at that stage yet, they should be getting much closer and we are all speculating when and how and that is fine with me.
I love to dream and with the potential KBLB has with this product, I'm dreaming BIG.
The main reason KBLB went to .26 was due to those who run on rumor and sell on news.
At that time, KBLB had little 'value' aside from the hope of what they are now so close to accomplishing. With the press conference and 'rumors' about what was happening, speculators jumped on the bandwagon and those who trade leaped in to distort the true value.
My personal belief is that with what we know now about the company and what they have 'proven', the pps is about where it should be, keeping in mind that the POTENTIAL for actually accomplishing their goal (pure spider silk) is much more valuable and the method of how Kim captilizes on the product (when it is available) will determine the time frame for that increase in company value.
JMHO
Fat, I'm not sure exactly what your point is?
I think maybe you aren't comprehending what I said.
First, I have not made lots of money TRADING KBLB. I buy and hold and when I have additional funds to invest and the price is at what I consider to be a low point I buy more. I DON'T SELL.
To address your point, yes, my investment in KBLB is currently less than it's current value. However, as they say, 'it ain't nothing until you sell'.
I don't care whether people express their feelings on this board, although at times it becomes a soap opera of which I am not fond.
I DO CARE when people try to influence the pps to their benefit.
The value of the stock should be what the company is and not someone's attempt to influence others. Sykes is the epitome of my contempt. Others trying to emulate him and promote the stock when they own; then degrade the stock when they want to buy or sold short are somewhat 'lower than a snakes belly in a wagon rut'.
I hope that you misinterpreted my earlier post and this clears it up because I had not heretofore perceived you as from the Sykes mold.
If we are talking egotistical, I find those that feel they have a right to deceive others to take their money, in the form of their stock, are not only egotistical but sad and highly self centered, not to mention scum of the earth.
Yes this is my feeling and I only write to address your comment which again, I hope you misunderstood my earlier post.
Ed, I agree with you, though I question your continuity. Some of your posts have left me wondering, but the "tired of watching people get so intense..." is right on.
I do realize that IHub is mainly suited to people who want to trade and 'run on rumor' and as such I have read all posts with a "grain of salt". This stock is likely not what most want. The September fluctuations seemed perfect (and was for some) for the traders. But as an INVESTOR, aside from some posts interspersed throughout, most of the posts are conjecture, speculation, opinion and rambling laced with some optimistic hope. People wanting to get rich. I am so sick of reading "know what you own" phrase. Fortunately for me I knew what I owned when I bought. And nothing has changed with the exception that KBLB has progressed somewhat faster than they even imagined.
YES, the science is good and the management has given no one reason to question BASED ON WHAT THE MANAGEMENT HAVE SAID. Kim is truthful, highly intelligent and moving toward developing his idea from the beginning.
KBLB is a research company. That obviously does not fit into so many peoples reasoning.
AS you, I am tired of "reading garbage heresay..". If one doesn't like the direction, hit the door. I have NO respect and no tolerance for the many who seem to want to influence other people in their investing. Perhaps I shouldn't even read this board. If it weren't for the limited few who post educated facts and logical conclusions, and monitor news quite efficiently, it is such a waste of my time.
I don't trade, I invest and so far my investment in KBLB has done quite well. I have no adversity to those who want to trade and admire the timing they used in order to make money. I do quite despise those who want to influence others in order to captilize on the 'herd mentality'.
This post is also opinion and limited value to a stockholder I assume, but it appears opinion rules.
LOL (laughing out loud at the small mentality of some who think their post make much difference)
I do remember seeing that domain name and was planning to look it up. I ASSUMED it was a PR company name. Do you remember the first part? Was it BHansel@... or ?
Have you tried sending an email?
Most interesting. I do like the possibility of a Taiwanese Company making our Gen 1 product hopefully. Bet their sales will go up next year!!!
Go KBLB
Well, I think I found a point I disagree with you on Zinc.
KBLB is a sure thing!!!
Well, maybe not really, but it's the closest thing to a stock being a sure thing that I know of. And if anyone got in when I did around .01 - .02; it HAS been pretty sure and looking 'surer'.
It looks to be a sure idea, using surer technology with a surest CEO. At least IMHO.
LOL (don't jump on me for using lol at the end).
BTW, Silkmaster I never thought you were on 'the dark side' although I did not feel I needed to state it.
Go KBLB.
I was experiencing issues with the KBLB site as well and yesterday sent an email to Ben who promptly replied that he would look into it.
I don't know if there were fixes or ???
However, I just tried and still get the same problems with a message trying to redirect me.
Considering most people on this board are likely SGMO investors, I would appreciate anyone's opinion about the 'current' trend of the stock price.
I have done relatively little DD on the price, but I do like the technology of the company.
One is always skeptical as to an appropriate 'target price' for purchase and I'm curious about the EOY price leap and subsequent pullback.
Any thoughts would be appreciated and no I have NOT gone back a read all of the posts here, but only some.
thanks Zinc or "extreme.."? Still got that little username issue I see.
ZF, since I do not have PM capability I must ask you a question on this board which is not entirely related to KBLB, but relevant.
Since you are a shareholder of SGMO, and I ASSUME a long time shareholder, I imagine you have kept track of SGMO's PPS for a while. Can you give me any clue as to where the price stands in relation to historical prices? IF one were interested in purchasing SGMO, as a 'supplement' to KBLB, where would be a good strike price? Yesterday the stock dropped 5% and I'm curious. From the chart, I see that it made a 'significant' rise in its price toward the end of last year and it appears to be 'drifting' downward to some degree.
Additionally, are you aware of current or future potential impacts to the price of SGMO? Ongoing potential near term projects? Or any significant potential impact from SIAL (aside from KBLB)?
I have done some small level of DD on SGMO and do not desire a full background, just your opinion of current state; and its share price.
As always, I appreciate your input.
Ocho, I can certainly appreciate all of us speculating on possibilities of where KBLB may venture and I certainly appreciate this boards many good members for not only the good DD, but that very speculation, for it often opens my eyes to avenues which I have not considered.
I would speculate that the 10K reference was more akin to 'CYA' legal terminology rather than very likely, although it definitely should be considered.
The main reason that I posted my question about a production facility was due to some of the posts which seemed to state that dilution was inevitable for KBLB and it would be a detriment to the stockholders.
I personally do not believe it entirely necessary although some level of dilution, with monies applied as ZF has stated, would not be harmful to us stockholders. In fact, my confidence in Kim makes me believe that with additional monies he will invariably benefit stockholders equity. I do believe that if I had 330 M shares, I'd try very hard to influence PPS in a positive manner with any money I might obtain, especially since it doesn't appear he is selling his shares.
IF I sometimes interject comments in my posts which are redundant or 'off topic' from the current topic, it is likely due to me not consistently monitoring this board and also the fact that I have 'ignored' a few posters which I feel do nothing to contribute to the conversations related to KBLB. Although ignoring them reduces my stress, it does cause some 'disruption' since I do still read comments to those ignored.
Thank you for your post.
I am, by no means, capable of second guessing Kim nor even speculating where he is headed with this company; as evidenced by my complete surprise with SIAL licensing, which was an extremely smart move IMHO.
However, from what I perceive of him, I seriously doubt that he intends to spend money towards the actual production of the silk of KBLB research. That would take him away from the research and the business that I see KBLB presently in and headed more toward.
Licensing, royalties, partnering in the sense that KBLB provide the worms and someone else makes the silk, etc... to receive income from the 'fruits of his labor'; yes!!
But, actually own a manufacturing business and have any say in the management or oversight of same, I don't see it. Throw off the lab coat and wear a tie and worry about how many 'widgits vs. cost of widgits'??
Even as a subsidiary of KBLB, I'd be surprised.
But then again, this is OMHO and again, who of us here, with all our thoughts previously, even speculated on getting a deal with SIAL?
But I don't think it will take that long to find out!!
Why is there speculation about "purchasing a silk factory"?
Has there been any indication from the company, whether PR? CC? telephone or email comments?
Didn't I hear Kim say KBLB was not setup nor did he have any desire to run a manufacturing business in the initial PR with Notre Dame?
And does anyone else get a virus detection when going to the KBLB website?
JB, I've been on the KBLB board longer than you and owned the stock long before it came up on your radar.
Financials at this point in KBLB situation is a very minor aspects. IT's more about POTENTIAL and that is this investment.
You have consistently been a negative poster 'waiting in the wings' for opportunities.
AND I notice that you did not put forth any of those supposed 27 questions.
I also remember back when you complained about Kim not ever calling or emailing you back, but it seems EVERYONE that I know of (including myself) have received prompt and courteous responses.
KBLB appears to be a 'trade' for you, not an investment. And derogatory remarks are your way of attempting to influence the stock.
edit: You said a couple of months ago (at 6.9 cents) that you had liquidated 1/3 and were looking for a way to get out of the rest. 12 should be good for you then.\!!!
My only concern about "Gen 1 is ready for production" is the aspect of homogenzity (sp).
By using the PiggyBac method, did they get worms that will replicate without any 'bad eggs' so to speak. Is the product ready for commercialization in the current form?
Just curious and not aware of the status, I'm obviously long on KBLB and will remain so.
I love that KBLB is 'movin on up' today; but after watching this stock for 2 years, I wonder why today? Someone know something I don't? did the "big boys" finally wake up? IF so, then why today? We had no 'new news' today. No announcements. No big new PR's or articles? It 'hovers around .10 changing hundreths of pennies for days and then today it goes up pennies!!
I'm certainly not complaining just curious (and thankful).
4 generations potentially?
Isn't it about 200-300 from a pair?
and then 200-300 from those?
and then...
Dang that grows faster than the national debt!!!
well thanks JB, never thought of that.
Why do I never see that many shares listed on the MM before today and today twice?
I have bought / sold more shares than that through one trader before and it did not show that many shares.
It just seems odd that it happens today and never before, or to me it does.
Nobody has ever sold more than 5,000 shares before???
I'm seeing that 54,000 sell at 10.75 again on otcmarkets! Same MM.
That's twice today that I know of. Once at a lower price which I ASSUME went through.
What does that mean?
I agree with your thoughts and was just wondering if others were thinking this.
I do note that Kim's quote from the upcoming CC announcement mentioned "laboratory evolution". Of course that could mean a myriad of things.
A few posts have speculated as to whether KBLB gets their own lab. IF they do, who will be working in that lab? Fraser is tied to Notre Dame and I would assume the majority of the 'grunt level' work is done by students or post docs or people like that. Although Fraser would, I assume, be highly involved who else would be working there. I believe a number of the current scientists and other 'workers' involved in this research are also currently employed by Notre Dame. Would they 'move' to the new lab?
I would imagine aside from the 'upkeep' cost of a lab, there would be significant 'employee' costs as well.
Is KBLB ready to start assuming those costs without some income?
Would utilizing the ZN Fingers negate proceeding with a bulk of the current research done at ND IF KBLB gets their own lab?
Would SIAL have had to 'create' any Zinc Fingers for silkworms or 'tested' anything to have made application for the patent they applied for in January?
Would they have had to have any 'knowledge' of details from KBLB related to KBLB's silkworm work to apply for those patents?