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Just my guess that around the 4th Kim should have more than fluff to say.
But if not I dont see the market willing to wait much longer.
I am pretty amazed its lasted this long. It says a lot that the market has been willing to wait. But if it gives up it will over react.
That's when traders will collect shares and add to their core holdings.
LOL what ride? This is like driving through kansas.
I am enjoying not watching it drop from the silence.
That's about the best we have for now.
Bob kim would be a fool to agree to a buy out.
I dont know why you want this so bad. A buy out will basically screw you out of everything you have been holding for.
A buy out now wouldnt even touch .25 a share.
Why would Kim agree to a .25 buy out when production is days away?
Why would he sell after the first batch of silk when it wont even be a 10th of the capacity of the very first location?
Why would he give up on the research he has done to create new strains and processes?
Waiting for these events would cause a buy out price 10x higher than now.
But these events will take over a year.
Who in their right mind takes 25 or 30 million when billions are a year away?
That would be the worst investment decision in history.
Kim wont sell for years after full production is reached and expansion costs start looking like a worse plan than selling.
Not going to last much longer.
2 weeks at best.
Kim will either be making an announcement that reassures the shareholders or the pps is going to step down.
I am guessing Kim will come through but prepared for him not to.
I think that's pretty much the way the market sees it as well.
Not really up to him is it? Ask Ben the production company name and see if the film is still financed.
Maybe it has. Have you searched for spidersilk in French?
Takes longer than 8 months to produce a documentary maybe we see this some time this year
JMO but 8 tons or 2 tons will make no difference.
And I dont see any way for the silk to "fail" a quality check.
We all know the silk will be at a premium to mundane silk but we can only speculate as to what that premium is.
Mundane silk being about $60k a ton puts Kim's estimate at no less that $480,000 in gross income.
So I believe the ticket to that high pps is Kim telling us how much he is getting per ton.
The fundamental figures is what will bring long term large investment.
Quality IMO doesnt matter much. Our lowest quality will still be the best silk in the world.
It will sell for more than $60k a ton.
If it wont suit the Polartec requirements there will be dozens of people willing to pay a premium for our "trash".
If anyone out there is good at fundamentals I am begging you to guesstimate the gross income needed for a 900m share stock to reach 2 bucks.
If that $2 only requires $100k a ton and we find out its $350k a ton its go time.
It's time for Kim to start thinking about releasing some specific numbers.
They can be forward looking like his 8-40 ton estimates but the investing world only needs something to punch into a calculator to give the PPS solid stability.
We need investors to add this to their portfolio and not look at it because they dont have to worry about waking up and seeing a 45% drop in one trade
That would totally depend on what stuff you are talking about
I will totally accept that .193 close. Especially since it wasnt a paint job.
We will see if the 20 break comes tomorrow or not.
I think it needed just a bit higher before the close but it should be good enough.
Not closing under 19 is more important than closing over 20 right now.
Was glad to see the bid size increase after lunch. It was too balanced early in the day for my comfort.
If it can maintain the 19s after next week I think my expected uptrend should appear and the end of year bottom will hold.
Another 8-10 days till wash sale reloading should start
I'm happy it held. Like I said earlier I expected .20 by tomorrow. The break down was not expected at all.
But its lack of breaking 19 today isnt a sign of strength.
We will see how the end of day goes. I would like to see it close over .195 so it regains strength but it doesnt look like it will happen.
Sorry Roman's but I am not wrong. Kim is.
I didnt make up Kim's statement. It's on the website
"Ridiculously inaccurate"
Well like everything else that is claimed as ridiculous you are voicing what you think and I am repeating what the CEO has stated.
As the KBLB website will tell you...
10 bucks post split in February I would be happy with.
Production could easily set it in the mid $20s and climbing.
But 8 bucks without a split would put our market cap at about 50% higher than the entire industry.
We have all heard about the 5 billion dollar market.
How do you get a 8 billion dollar company in a 5 billion dollar industry when you only produce a fraction of the product? Is that possible?
I believe it was about 6 weeks for the first batch we reeled. Not sure about the second.
I think he would wait until he had his initial production run to send it to them as opposed to doing it a batch at a time. The set up charges for reeling I would think would be the highest expense in reeling so the bigger the batch the more cost effective it would be
I have heard this a few times but it never comes with explaination.
How does kim get to an uplist pps without one?
How much revenue is needed to have a billion share stock hold steady at $5 or better without a PR every month to support it?
I only say $5 to pull us out of "penny stock" and into a stock that institutions will buy and not because it's a minimum requirement.
I dont know about anyone else but I dont want the company lookoing the minimum all the time.
It's time to maximize.
That would be a good plan. It would be a bit risky for the financier but if he did a 1 for 40 now and has a finance deal with restricted shares and warrants at a pps near $6 it could set the floor at .15( preslpit).
Followed by a production PR and $10 or higher post split would be fairly easy to hold
When did kim say there would be no RS in q1?
I missed that
"Above .185" is .186
I am fairly sure 186 will break in the first 15 min trading tomorrow.
But when/if it does I dont think it will last long.
That is why I said if it dips below that I would guess is spells bad news which currently would be the RS.
I was hoping Kim could hold the .19s until the end of the month.
.15 would be very easy to see at this point.
A delay in information past feb 1 could send it lower than that which would be a great entry IMO but it really depends on kim.
I am hoping he does not put out a "save the pps" PR.
That could turn out very bad right now.
Kim needs to give us a PR with meat next. Anything fluffy will cause a pps collapse.
The market it too skittish right now to take any fluff.
Best case scenario Kim stays silent until he can give us production news and it takes no more than 2-3 weeks. We are back in the 30s in February
Worst case would be a RS announcement with all the "going to uplist" rhetoric and no production PR.
That scenario could easily break .10
You have to remember this is the OTC and while blind trust from longs is fairly understandable the mass majority trust nothing in the OTC
I am curious if you are willing to do what you expected of me and admit you were wrong?
My "nonsense" seems to be fairly accurate.
I will guess that tomorrow we see a new low. The BB didnt hold it will begin to widen and the pps will follow the bottom until someone decides to buy a bunch.
I will go out on a limb and say if the pps doesnt hold above .185 there will be "bad" news in the next few trading days.
I am ready to load when an actual bottom shows but I think that wont be till we get production causes a new uptrend.
If my gut is right the RS will come in the next 2 weeks. IMO kim needs to do it before production
Looks like it was a head fake. I expected it to touch 20 again today if it was going to move up.
That volume holding it at the lower BB isnt a very good indicator of good things.
As long as the .189 holds for the next 2 weeks I think it will be ok.
A dip below that could sign a weakness that will make the PPS step down again.
Would be a good time for one of Kim's typical PRs that says nothing new but keeps the interest going.
That would bump us over the top BB and secure the pps till February.
Was happy to see the .20 today. Didnt expect it till the end of the week.
If we can get it to close over 20 this week that would be awesome.
Maybe 3-5 weeks before we should hear something that should bump the pps enough to consider it a move up
Sure is. As long as it's a gift and and doesnt have a debt attached.
And as far as I can tell that isnt something Kim has.
A licensing deal is not a tangible asset. A purchase is a liability since hes borrowing to do it.
See hope, it isnt that I wish for any influence to the pps.
I do wish you were right.
But when someone say this great thing is happening I look things up.
When I find a flaw in the plan I ask questions.
When the answer is avoided a red flag appears.
Red flags mean either I missed something or you did.
Questioning this a "wait and see" answer tells me there is some wishing for a price influence.
Dont turn this on kim. Kim didnt claim it was path 1 or 3 you did.
The path you claimed requires tangible assets that are more than double our current total assets where is Kim picking up million in tangible assets without a dime of liability?
Col nobody said 50/50.
Every uber driver is a "partner" in uber.
You can be a 1% partner.
Not that kim would take a 1% probably 4-8%
If Polartech offered Kim 50% for supplying a portion of the textile and none of the other costs they would be a ship of fools.
The typical company only makes about a 30% profit margin.
The retail price of a shirt being 50 bucks means it's around 35 bucks wholesale.
That means the wholesaler produced it for around 20 total cost with a $8 profit.
That $8 get split per the contract.
Even at 50% that's $4 per shirt
3 shirts per pound. 50% DS makes 6 shirts per pound.
12000 shirts per ton of DS.
$48000 per ton of DS.
at this rate the guesstimate of $300,000 a ton DS the shirt would need to be about $300
All of this is based on just basic assumptions and "typicals"
It is not accurate but it's a far better method that just assuming $25 of each $50 shirt is Kims
That is a little confusing with the 1s vs 3s
But I believe you are saying
The nasdaq capital markets using the equity standard and closing price alternative.
If that is correct Kim needs a gift.
qualify under the closing price alternative, a company must have: (i) average annual revenues of $6 million for three years, or (ii) net tangible assets of $5 million, or (iii) net tangible assets of $2 million and a 3 year operating history, in addition to satisfying the other financial and liquidity requirements listed above.
Our current TOTAL assets are $800,000
What Are Net Tangible Assets?
Net tangible assets are calculated as the total assets of a company, minus any intangible assets such as goodwill, patents, and trademarks, less all liabilities and the par value of preferred stock. In other words, its focus is on physical assets such as property, plant, and equipment, as well as inventories and cash instruments.
Am I missing something?
"There are several paths to uplisting.. only one of the paths requires holding a certain price for a certain length of time. Kim won’t be choosing that one .. no need to."
What path are you speaking of specifically?
Think that's a reasonable post. My only question being the minimum price requirements are needed for a specific time period I believe.
A pps above a buck for 4 quarters or some such price/time.
If kim reached a buck mid year there would be no uplist till the pps held for a set time.
I am not sure how high a priority the uplist is to Kim. If he wants one he needs that pps NOW not mid year.
Either he is speaking in hopes and wishes or he has a plan he believes will get that pps fairly soon.
Either sales or a reverse split very soon or there wont be an uplist this year either.
Isnt that the case with all predictions? I expect a downtrend without news. When news comes and bumps it up my predictions are put on a sign and told how wrong I am.
But it is based on no news so "It’s only a change of course in the timing of when the downtrend will come"
Fact is you were wrong like most of us. But "most accurate is a meaningless boast.
As long as you are right 51% of the time you are a winner(Unless you are not buying when you say buy and not selling when you say sell.)
I am wrong a lot. Never have a problem saying so. But while you are justifying your view of the facts I am only seeing the difference between 8 and 9 and not 18 and 19.
I play penny stocks my own way.
That's why I always make it clear that I am saying what I THINK and not any sort of desire.
So far my guesses have been fairly good I failed on the strength of the drop a few months ago but timing is right.
Post 174430 in november is pretty accurate
My december 23 post has been pretty spot on.
Those are the most recent I found on a quick look.
Feel free to point out all the others. I like to track my predictions
Like I sad. With the exception of 1 day a month ago when at the open a trade went through at .18x this is the first time since october that 18s have been touched.
I dont know about you but I dont count a 1000 share trade at the open at below the bid counts for anything.
That kind of thing happens every day on the OTC.
The past 6 days in a row 18s have been hit multiple times.
Kim needs a non fluff PR or the drop will continue at it's slow bleed.
We could get a bump on the new year load but it depends on the selling in the end of november.
Those tax losses could be bought back at the year open. But the bump will be short lived if Kim doesnt support it.
I still think we have 3-4 weeks before we get any sort of unexpected news
Well correct me if I am wrong but with the exception of 1 day in early november this week the pps has been in the 18s every day for a week.
It has touched its lowest point since October an as it stands this week is the week to buy like I said.
Now we have to see if the year opening gets a bump from the reloading.
It might.
I agreed many times it is holding up better than I expected.
We will see if that holds true over the next 30 days or so.
I expect low 20s by end of jan without news
Col I am sorry but that assumption is false. ALL patents are public information. There is no such thing as a secret patent.
If there was everyone would keep them secret and nobody could do a patent search.
That would put a halt to all patent applications.
It's a US government agency. The freedom of information act makes it accessible.
The exception to this is the The Invention Secrecy Act.
But this is done TO a company by the government to bar the patent from being issued if the item can be a national security risk. (Like an atom bomb).
This has to be reviewed and approved every year
If that was the case they wouldnt be in Vietnam and there would have been an order issued under the secrecy act.
There is a Patent Security Category Review List that lists the items not allowed to be patented but I have never looked for it and dont know if it's available without a FOIA ordwr
Patent info is publically available searching is a little harder than it needs to be.
If you do a few searches with silk, spider, silkworm, etc as key words, you will find that most things Kim is doing are already patented.
He is basically just trying to find a crack in the patent descriptions that he can squeeze into.
He needs a REAL good patent lawyer to find the right wording or he will keep getting rejected.
I personally dont think it is worth it.
All someone needs to do is use a different spider and Kim's patent would be trash.
He needs to just make KBLB the place to get spidersilk and patents wont matter
http://patft.uspto.gov/netahtml/PTO/search-bool.html
Getting a patent denied isnt a fail.
It's very hard to get a patent when everything you are doing is patented or natural.
If you actually tried to write a patent you will find a single word can get it rejected.
What can he actually patent?
Silk cant be patented.
The genes used are already part of a patent.
The process is 4000 years old.
As far as I can tell there is nothing he can patent. But as long as he continues filing he can say its "patent pending" and he may actually find a path to get a patent.
JMO
Little confusing to me.
First generation eggs hatched starting on Oct 8th.
Off the rack on Nov 6th
Hatching is a 1 or 2 day process it's really not worth counting because they wont be removed till the last worms spin.
So hatching the 3rd and off the rack the 1st.
Then shipped to the reeler.
If I remember right the reeling took us 6 weeks last time but that also included shipping time from here to the reelers.
So call the reeling 4 weeks.
The 1st batch has been reeled up. By early december.
We didnt hear that from Kim so IMO kim is combining the 2 reelings into one batch.
Those 2 and a 3rd generation could all be made into a single batch if Kim begins a hatching this week.
The real question is what is the required amount of silk Kim needs for his first prototype pieces and how many batches it will take.
My guess is Kim will be announcing delivery in late jan or early feb with the sample made public some time in march.
My prediction is we have till around the 20th of jan to buy if you want to beat the actual production news we want.
JMO
To find me predicting a pps climb you need to go back to before the pps climbed.
I wont predict a climb when the pps is falling. That would be silly.i would predict where it will bottom when the pps is dropping
The last few months I have predicted lows. And its hit lows.
It has been much stronger than I guessed.
But it has in fact slowly dropped for quite a while as I said it would.
Try going back to when the pps was at .18 and climbing and you will find my top guesses.
Top estimates will likely begin again around the 10th or so. That is when I expect it to begin trying to break the .20 mark again.
I dont expect "big" news till late jan or early feb.
At least big news to the up side.
I cant decide if Kim is going to do the RS to finance expansion before or after the reeling is done.
I personally would do it prior to the good news
Yes I realize that.
That is why I said the first few weeks of the year.
EOY sales have 2 normal moves. At the very end of november and the last week of december.
I have used both periods to my gain many times.
This year I personally took my EOY losses in november since I didnt have much loss and WAY too much gained.
But wash sales dont stop EOY selling.
They will still sell the losses and will still buy back too soon and not take the loss on taxes.
I would do it if I had any more losses to take.
If the pps climbs above the sell and you buy back you just dont take the loss when tax time comes.
I like to buy in the november dip and sell in the december dip myself.
I missed that chance this year cause I sold into the November dip
It isnt illegal to make a wash sale. It's illegal to claim the loss.
And there is also a bit of a loophole in that as well if the price drops lower than your loss price and you reload.
What happens if you bought at .25 and sold at .19 for the loss. But then load up at .18?
It's a technical wash sale.
So when you sell those at .25 again did you gain 6 cents or 7 cents a share on the wash?
Personally have not had this situation before but it's pretty confusing
Bummer.
I am not near rich enough to risk shorting a penny stock.
I wish I had the guts.
Merry Christmas mojo