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I believe that in a previous post I said we wouldn’t see production before 2020 (slightly more optimistic but I could be very wrong as this company stretches everything it can!). It would be a miracle if it happens before and all Saints are gonna go crazy! But more importantly, our share price will burst through the roof! Seems like a dream, or more like a mirage...
Dito! A search for the words “ramping up”, “pilots”, “plan”, “prepare” should be good indicators, but that’s too much DD!
Not as many shares for sure but same here, I wanna see sales!
« It costs little, on the scale of things, to keep shareholders informed. It also requires only some thought, not cash, to self impose deadlines that can’t be met. »
Yet, our guy seems to have trouble doing only one of those things!
There it is, no news in December 2018, but there is still 4 days left...
Oh yes Silk, be patient! This is going to take another few years, you know how things work at KBLB, don’t you? Some other posters sure know how things work at KBLB!
You may not be the only master of dd, but you are pretty darn good at it!;O)
At this point, I think we should start selling pillows stuffed with spidersilk cocoons! That wouldn’t require any transformation (no piloting) and bet you it would sell like crazy! Price tag: 200$ per pillow.
Our little worms are being prepared for shipping since October! Hope they were shipped and they are multiplying like crazies...so we can start another f&@n pilot and get on to the f&@n production!
Last news we got from the Company was more than a month ago!
Those little worms should be comfortably installed in VN by now???
We won’t even get that!
Probably 48 months, to plan, prepare, pilot and procrastinate!
« eggs arriving in Vietnam = (drum roll) .........? »
7 cents! Tataaaam!
« One of the days when you say that it might actually be right. It might be. »
Just like the guy on the street who prays for the doomsday! He will be right, at some point (could be in thousands, millions or billions of years) because we are doomed! It is the fundamental of everything in the universe! Stars die, stars form, planets collide or get swollen by stars but new ones form...
Penny stock appear and penny stock disappear!
« The company has issues meeting deadlines and generally being effective in a business sense. »
We wouldn’t hold against it, if at least we were making money!
Here is a thought, maybe the idea of production will be ongoing until Kim retires...Getting there, slowly but surely, until he feels he has sufficient funds (through the emission and sale of shares, in compensation of the salary he is not getting???) to build a pension!
After planning, piloting and preparing, maybe we’ll be doing...no producing..naaa one too many word with a p...
To be even more forward looking:
« We are now done preparing the Prodigy interior for preparing to receive the eggs that are now all prepared to be shipped »
True, it could very well be that! LOL
Yep!
After « we are preparing to ship the worms », here comes « we are preparing to receive the worms »!
“I cant imagine why Vietnam didn't fall all over themselves writing checks and allowing mutated worms into their finest sericulture regions that were being peddled by a 2 man penniless company?...”
Don’t you understand, piddling Vietnam is waiting for all mighty america (represented by even a few, in the smallest of companies) to be saved and feed its people, so they will offer everything they have! Anyways Vietnamese are used to do this, that’s how the buddhist monks get fed in that country!
« Too expensive domestically is a good excuse in any business, so that is legitimate. »
Really? That was good in the era of globalisation, but that is not the current position of the American government, is it?! Wait till trump puts tarifs on import of silk or silk products, knowing that it can be done in america! That will be sooo goood for our Company!
« Now years after Kim gave his better guess as to when commercial quantities would be a reality we are finally in Vietnam . We have the infrastructure to produce and we will have the product sell ........ so let’s go. »
Exactly, let’s do it, stop looking for THE f...n perfect strain!
The only resemblance is about the number of strains!
We might have several strains of DS but none were mass produced and we have no sign of mass production on the horizon.
Remember, mass production has been presented to us as the ultimate goal for many years now, for different strains (MS, DS...) but it seems that the Company never ceases to look for THE perfect strain...in order to mass produce, of course.
We want valuable information (in line with what you have listed) that will contribute to build investors confidence in the Company.
Well if you’d stop looking at your belly-button and do a little search, you’d see plenty of innovations coming from China and many other countries!
And you are going to say it was a metric ton???
Feel free to provide me with proof of chinese stealing products.
« Here's a newsflash, the chinese have to steal because they aren't as good at figuring things out. »
So truuue, americans have it all figured out! They don’t need to steal, they ask very politely with a gun and a few bombs!
Diligence, really??? You call small sample a sustained production???
« This new commercial scale machine is expected to sustain our domestic production capacity through 2019 and reduce labor costs significantly. »
So, where is our sustained domestic production???? Since April 2017???
The only materials we were made aware are the ones provided to the army!
Kim should learn to under promise and over deliver, rather than over promise and under deliver!
The first would push the PPS higher, the second pushes the PPS lower. Sadly, this is the case. Very ingenious and very unfortunate!
That’s interesting hope! When I go fishing I don’t always expect to catch a fish. When I invest money I expect to make some money, though I know, I can also lose some!
Fishing is purely random, I may have the best equipment, the best technique and the best knowledge of the good spot to fish but if the fish don’t bite, I will come empty handed.
My investment is profitable only if the company delivers on what was communicated to me, because my investment is based upon the information I have on the company and from the company!
Oh yeah in your CEO acumen, it should take twice or perhaps three times the time to get production settled...no wonder why you are so in sink with Kim!
“It's almost as if Vietnam called his bluff.”
Yep, and apparently we weren’t invited at the table to call his bluff!
Yeah but you are missing two, should be ten.
I have lost trust in Kim since he did not follow through on the last conference call, and did not inform us on what was going on with SMS (or something like that), and when he continued to rumble on a mass production that never happened...
I’m just waiting for a fair price for my shares to get out of this crappy company!
The Company had been preparing for weeks now for the shipment of eggs, they probably sent them through a bottle in the ocean (it is the most economic way) wishing it gets to Vietnam within the next year! So we might (or most probably not) get an update on the eggs.
Meanwhile the production of we don’t know what is going on in the US, for we don’t know who, but probably for free because we see no revenue...
As for the Prodigy, it is a subsidiary that is preparing to retrieve the eggs from the bottle, the staff is doing an ongoing survey of medias in hopes to see a reporting on a bottle on the shores of the VN beaches containing silkworms...
The Company did receive over a million dollars from the Army and production has been ongoing, so the Company must have received other revenues...
If US operations are profucing fibers we should see revenues, right?