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Will you give a specific scenario where KBLB succeeds but the shareholders get screwed?
I’m just having a hard time thinking of a situation that this could happen.
Have you ever seen that happen?
That’s awesome. Talk about impeccable timing.
Although I am not that knowledgable on the matter of shorting. I remember a few years back i found a video with Timothy Sykes. He was talking about shorting this penny stock and that penny stock. He brought KBLB up my name and said he had shorted it. I believe he was referring to the time we were hitting teens and twenty’s.
I tried briefly to find the video, but he has so many it would take to long.
I can’t say that it is a smart move. I’m just saying it happens.
It’s always been my thought that once Kim hit the switch he would have everything setup to fall like dominoes.
So would you agree that the rent seems excessive if we are not utilizing the homestead? Sorry if you already answered this at some point. I haven’t been able to read through everything yet.
I rent out land in northern Minnesota for about $40 an acre PER YEAR. Now we only have one growing season here and I believe they have 3. So say $120 an acre per year would be fine. That’s $1800 a year. If we are paying $900+ a month that has to be including the house. Which is fine if the company uses the house for something. Otherwise I would say it’s pretty high. JMHO.
"Fastlane, serious question: Does that mean some of us don't have any votes at all, or would that mean the total outstanding shares are proportionally discounted, so that 1 share only receives (say) 0.7 votes?"
Basically your shares have less voting power. You could say it has no power because Kim has more than half. So he can do what he wants.
I believe Kim did this because he new that he would loose the controlling shares down the road between more dilution and his personal selling of his shares.
I think everyone else was hoping he might retire some of his share. There by reducing the float and increasing share holder value.
The good part is it doesn't add dilution to the share price
"Also, how would we learn what the actual situation is? Would this be described in the articles of incorporation, or somewhere else? "
You should be able to see his shares in the most recent filings.
I am not an expert. This is just my understanding. Sorry for the delayed response. I never received a notification of your response.
I don't believe the voting shares add to the float. So his 2 shares put him at 50% without the rest of his shares.
It is believed that, the 3 year intensive physiotherapy experiment he participated in, had a strong influence on his future actions and behavior. Not exactly a good comparison.
Agree greatly. This is exactly what I was saying in my last post. Transparency isn't always a good think. We longs might accept the bad things, but traders will bail fast. driving the PPS down quickly.
"One of a public CEOs fiduciary duties is to increase shareholder value."
"Its my opinion KT did not want to cause a panic and tank the share price by putting out bad news without having something positive to add."
Don't these two go hand and hand. I feel if everyone got the transparency they wanted we might not be where we r today. We might b out of the game, or at least at a lot lower PPS. With a lot more volatility. I could be wrong, but I think Kim knows what he is doing. Ultimately it is for the good of everyone.
That being said. I do think this could have went quicker if he had hired someone with more experience a long time ago.
Enough experience beats intelligence any day. No point in reinventing the wheel.
Everybody profits when the military is paying the bill. Idk y but the military always pays a huge mark up over what something would sell for on the shelf.
“Signing this lease and opening this new FACILITY brings with it a new era for Kraig Labs and silk production in the US,”
Maybe I'm not reading this right, but a facility means some type of building. Not a field of crops or trees. Could this imply a place for the silk worms? Or do they actually need a facility just for the the mulberry trees?
Who says the silk has to come straight from Vietnam. Nike isn't made in America. Maybe all processing for MS will be done outside and make its way to America through products. Along with many other countries. Just my 2 cents.
I got another promo from next level this morning. So I don't think it's normal share holders selling this morning.
I think as long as Vietnam is still a possibility the pps will hang in there for now. That news has the potential to b let out at any time.
ANN ARBOR, Mich., – September 16, 2015 - Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (“Company”), the leading developer of advanced spider silk based fibers, announces an advance conference call advisory for all shareholders and other interested parties.
The Company plans to host a conference call for the purpose of updating shareholders on production, scientific milestones, commercialization strategy and other corporate developments. The call will be hosted by Kraig’s founder and CEO, Kim Thompson and is planned for late October, pending the travel schedule of Thompson and members of the Kraig Labs team.
The Company plans on releasing definitive details, including call-in details, time and format, at least one week prior to conference call and shareholders are invited to submit questions to ir@kraiglabs.com.
I would love to b buying more but unfortunately I don't have the capital and my wife is already not happy with where we're at.
Thanks for all the info on Vietnam. It would appear Kim really does have his eye on the ball. Im sure he had been following this TPP deal and anticipated Vietnam to be a very strategic move. I really can't wait until all the cards are on the table. Gonna be great things ahead.
Everyone else is striving to achieve spider silk and wet surpassed it! I'm excited even if it doesn't do much for the PPS
Crazy maybe. Long shot more like. But I've seen it. I came across a stock I was going to look into. The day after I found it it shot up. Within 2 months it was over $2. I missed the boat. Because I had just came across it and didn't have time to look into it.
Can u post a link to this article?
I'm with you on that. I'm not sitting much better than you. I wasn't that worried at 6s but I can't take this 2s and 3s. I don't want fluff. Just something informative.
Thanks T4O, It looks like MS has passed its first quality test.
Wouldn't that be 600% not 60%?
Can someone post the email from kim. I didn't get anything. TIA
Where exactly did Kim make a promise with a one week deadline? Because I don't remember a promise or a deadline.
At what point did Kim put an 8 month time limit on hiring those people? This topic is just ridiculous. The only way he would be lying is if when he made the statement he had no intent on hiring anyone. So if something came up to make it unnecessary to hiring for these positions he would not be lying.
Based on what I have seen in my life. Most quality companies take 6 months to a year to find one qualified professional. Only the piss pour companies hire warm bodies just to fill a spot. Is that what you want Kim to do?
It takes time to find good quality professionals. One company that i know of in my town looked for 18 months for the right production manager. Why because otherwise a lot of time is wasted on the wrong one. only to continue the search later on.
I think you really need to reevaluate your expectations on this subject.
Thanks. It doesn't tell me anything on the ipad app.
nice 700,000 buy.
Anyone else having issues with there level 2 on ihub?
"In biotechnology never COUNT on a short time frame. Nature adores surprises."
I agree that they should work on easier projects first. But is it really a biotechnology at this point? It seems to me that it's pretty much all mechanical technology in the hands of Warwick. Witch should have less unknown then Biotech.
Not a problem.
Thanks Bob, but I don't need my hand held and to be told everything is ok. I have my way of doing things. Buying at .052 I won't get me as many shares as .045. If I'm wrong and I don't get that oh well. It's my plan.
G thanks, but Im sure if Kim doesn't say anything this month I will get some anyways.
This time last year Kim was pretty quiet and we hit .0311. I doubt we will see that, but 4s are pretty likely soon without news.
Without anything to prop the PPS to higher ground I will not buy any more above .05. I'm not worried I just want more cheap shares.
Like Bob, I am looking forward the the spring and summer time next year.
I'm hoping for a dip. I have had a partial filled order for weeks. I also don't have any 4s in my investmant. I would like some.
I am not worried in the slightest at this point. It's next year that I am focused on. As I have said before as long as there is steady progress, I am not worried. No rev next year and I will look to exit.
I've been thinking a lot about that lately. I get the feeling we won't hear anything for a while. If last year this time is any indication. The only thing I can think of would be a deal with one of the sporting goods companies Kim eluded to. Maybe info on BR.
1 mill shares on the ask. I sure hope it helps me get the remainder of my order filled at .05 before my 60 days is up and I have to pay another stupid fee.
Are we up and running again?
He is only concerned about the truly high tech. You know like the super suit from the greatest american hero tv show. LOL
same on etrade. My ihub app isn't showing any action either. Whats up with that.