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That's a lot of words just to say they're not involved with Kraig
May 2023, still can't sell a piece of silk
4th quarter of 2022
Kim still can't sell a piece of silk
Congratualtions to Kim Thompson, he kept the company alive without selling a piece of silk for 16 years until the Great Collapse and Reset of 2022
First quarter almost over and Kim still hasn't sold a piece of silk
1/12th into 2022 and SURPRISE SURPRISE, Kraig still hasn't sold a piece of silk
Poor Kim, barely gained a penny on reverse split cancellation news. That's what happens when you sit around and do nothing for 18 months
Until Kim proves otherwise, he can't sell a piece of silk
Let me rephrase, he got funding because the NASDAQ told him to shove it and the reverse split was useless
Congratulations, it took 5 posts for someone to actually post the news, made it all the way to you
Another december, another year Kraig failed to sell a piece of silk
Another month come and gone without Kraig selling a piece of silk. Quickly closing in on another year of Kraig not selling a piece of silk.
How many shares will Kim sell today? If he's using it for company funding he's gonna need to step up the amount to cover for the next year.
If he's using it for personal gain, he should give back everything he made in the last year doing nothing for shareholder value.
Has there ever been a CEO more incompetent than Kim Thompson?
We were told just recently they were installing new lab and testing equipment (stuff that should have been done years ago, stuff that at the very least should have been installed after you lived through the first lockdown). Now Kim is using this as a reason why he can't get it done once again. He sat on his rear since October waiting on another excuse to happen to give him another reason why he has failed.
He spent 5 years talking with Vietnamese leadership, he should have already had a plan in place to get eggs in the country and at the very least a line of communication explaining why time is essential. He had neither apparently.
Additionally, if the Vietnamese can't accommodate something that is supposedly good for their country then you might want to consider finding another country. We're talking about importing something as small as 100k eggs, not 100k cars.
"A new requirement was created, forcing Kraig to demonstrate market demand for spider silk through commercial sales"
Kim didn't think about that one did he? Guess I ain't the only professing, Kim can't sell a piece of silk.
"The shutdown of the mills in Vietnam has now caused a several-month delay in the delivery of those finished fabrics and the first finished garments."
It's the end of July Kim, if you were gonna sell a piece of silk in the 2nd quarter, those deliveries should have been months ago, you're using this as another lame excuse of why you couldn't get it done.