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Should get 2012 by Friday
I would guess 1st week in Sept
2012 should be out late next week.
Apparently Ron is working.
what do you think the Amazon numbers are?
You tell me
Why spend all the money to update corporate records?
Hopefully there will be a PR discussing this if indeed the AUDITED 10Q is released
I am talking about YESD is dead that is when Joey was representing.
If that 03-31-13 quarter does not show a profit this thing is dead for sure. I don't mean back out Dep and Amt then there is an operating profit either.
That company is dead. No sign Joel is still involved.
Link the whole PR please
We shall see
Can you post that promise
According to previous statements by Ron only another 2.5 Mil a year. Expense should settle down in the fourth quarter so it will be next March before we see actual good P&L.
Ron needs to be proactive. Patting yourself on the back for turning the company around is one thing. The stock price is at zero and the G&A is out of control. Where does the price go from here when the Audited FS are out.
I spoke with Ronaldo he says June 2011 will be by Friday or Monday then the rest to follow shortly. Language must be right on the first filing. I asked him to put out FS for 1 and 2 2013 and he said no that the auditors will take care of the filings. I would say by Aug 15th we might have all updated audited financials. Worst thing a CEO can do is make time lines and not make them.
Is Coventry already covering insurance claims?
Silence is a true friend who never betrays.
If Dupont is selling Kevlar at 72.50/Kg avg price what would be a estimate that Kim would sell MS since it is a superior fiber. Also if 1013/yr is the ave Kg that can be produced from a farm how many farms do we need to penetrate the market? This is not an SAT question.
Confucius says - Man is like spider, bound to have sticky hand after time on Web. Relax
Sorry for the confusion I did NOT record the conversation I left it in the parking garage and the meeting had started and I did not want to miss anything. Beside I would have asked Kim before I would have done anything like that.
maximussargento@yahoo.com
Give me your number
I had a digital recorder with me but I left it in the parking garage and decided to go get it because I didn't want to miss anything.
If you were at the meeting you would not be making those remarks. Basically, if you were not there you are totally lost on what is going on here unless someone who was at the meeting informed you.
Bob, there was a lot of discussion at the meeting that this article deals with.
http://tech.fortune.cnn.com/2013/06/14/from-spiders-a-material-to-rival-kevlar/
"go it alone and it takes longer" This was discussed thoroughly at the meeting and was a fear Kim has. Spinning wheels could cost market share. Obviously there are not competitors really at this point but that could change quickly.
As far as the comment about others looking at the company I was referring to inquiries made by those in the highest of places. This could start a snowball effect. Price is tough, I think when you have the "holy grail" which this have been referred to as someone is going to want to get in on the ground level and not wait to long. For instance, Kevlar sales are roughly 4B a year. what would someone pay just to purchase a company, 2.5 times gross revenues. Thats nearly 16.50 a share. Can KBLB do that next year? This technology is worth a hell of a lot more than that lets see if someone else thinks so. There is one scenario where I think someone would pay 20B and Kim could still run the show. this company is worldwide with no revenues.
HP paid 10B for Autonomy(a software maker)in 2011 and 1 year later wrote the majority of the investment off because it produced nothing. Software companies are a dime a dozen. Who out there in the world needs something new and can have a monopoly on the market for years.
I think it is more like 75%. I believe it would have to be a situation where Kim would stay on to control the science. I think KBLB will do the legwork and then someone will offer. Kim has already made contacts in several places. I think by June of next year an offer will come or even sooner. If you read the Fortune article that someone posted that just confirms what we have here. Getting started to establish a position in the market is essential and we need money to do that. A bigger company can expand a lot faster than we can. I remember Kim saying he thought getting 10% of the textile market which is roughly 130 bil could be done. Now think about that when pure spider silk is achieved. What would be a price for the company with the technology we have? Kim made a comment at the meeting that suggested there are more people paying attention to this company than we realize.
The few people who were at the meeting asked in-depth questions which required very long answers. Out of those answers by Kim I believe shareholder value will be created if you hold onto your shares. There are a lot of things happening before next March.
I would be shocked if KBLB exists a year from now and not because they are going out of business.
I love it when a plan comes together.
Could this be why there are no Pr's
http://www.sec.gov/answers/quiet.htm
You either believe in Kim or you don't that is the bottom line. Once communications start again there will be clarification of what has been happening with the company's business plan. Stop complaining about no news.
KBLB buying another company? 6 Mil is a lot of money
Which part the Professional fees, payroll or negative cash flow of over 1 Mil
This thing is going to tank
Look at the Bid/Ask from 2 minutes ago
KRAIG BIOCRAFT LABORATORIES IN COM KBLB: OTCQB
Basic Materials : Chemicals - Plastics & Rubber
Snapshot
Charts
News
Options Chains
Analyst Research
Fundamentals
Earnings
Insider Activity
Last Price Today’s Change Bid (Size) Ask (Size) Day’s Range Volume Trade
0.095 0.000 (0.00%) 0.096 x5,000,000 0.099 x4,000,000 0.0935 - 0.095 44,285
OTCQB Real Time Quote Last Trade as of 10:09 AM ET 4/30/13
Extended Hours Quote and Chart: Show|Hide.
Open 0.0935
Previous Close 0.095
52 - Week Range 0.0305 - 0.136
8/3/12 - 4/4/13
Avg Volume (10 days)
874,889
P/E (Trailing 12 mo.)
--
EPS (Trailing 12 mo.)
-0.00227
Next Earnings Date
--
Market Cap 57.5 M
Shares Outstanding 605.2 M
Beta 0.5
Dividend Yield --
Dividend --
Ex-Dividend Date --
Dividend Payable Date --
Alert me when
KBLB reaches:
My problem is Craig said there would be no RS. So basically it will be worth .36 then go down to .15 Then they will dilute by selling shares. Still a penny stock.