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Kblb completed that sample in January...
Per the 10-K
On October 24, 2020, silk production operations at the factory resumed and in January of 2021 the first production silk sample was completed. The global pandemic of COVID-19 continues to evolve rapidly, and we will continue to monitor the situation closely, including its potential effect on our plans and timelines.
Correct and with that would be the uplist thanks for the reminder
Kim will forgive 4,000,000 in monies owed when the uplist is completed, the company also breaks down how they will spend the money....
So much for a money grab...
Company is moving in the right direction
What are your thoughts on the now confirmed 40-1 split
You will own the same percentage of the company before and after...
That’s like complaining that you didn’t get 100 pennies and only have 1 dollar ...
It’s the same damn thing lol
What matters is the execution of the funds and the news that’s pent up awaiting the uplist process once the quiet period is removed
Remember the r/s is just a part in this process...
I am just clearing up the fact that the plan is still going forward...
I don’t know what else is going to transpire
The company is incorporated in Wyoming
To change the number of shares outstanding they must file and amend the articles of incorporation which was done on 7/16 shows effective date 7/23
Your welcome
If no one finds it before tonight I’ll post the public source
Do some research it’s out there
Public info
I just did...
Fact is:
40-1 r/s coming .. confirmed 07/23
Book it...
Now let’s see what else comes
The r/s will be effective 07-23
Mark my post
40-1 split
Something like stateside production
You have?
In your opinion do you think the uplist will take place by next Thursday?
Has anyone spoken with Ben/Jon/Kim lately?
No not looking out for Kblb I agree with, but to protect their integrity and the status of being on nasdaq means there are standards to be eligible, if not then there would be no need for review if it was simply meeting a listing price then they would not need a review process, you can’t have it both ways....
By having a review process there is obviously more to getting on nasdaq then just “paying the price of admittance and having a certain pps” as you say
So if nasdaq reviews everything and says go ahead with your offering and reverse split then they obviously think and believe that Kblb would be a worthy addition to their exchange
So we will see if they agree with your assumption of a terrible company unworthy of nasdaq
So based on your assessment there is no chance we get listed on nasdaq?
if things are as bad as you say then nasdaq should see all these problems and never accept a company run this poorly to be traded on their exchange.
What are your thoughts on where we stand?
Thank you for your time and posts
Yes you did!!
Lol you posted a disclaimer where is the rest of the article?
Consolidation is good
There goes a million shares
It seems to be moving pre market, already over .182
Following those words would have led you to a very nice ROI right now...
I laugh as well.... all the way to the bank...!!!
I know money
And I’ve made bank here
And I’ll make more soon
I just posted the reason why... the letter didn’t say we are putting off uplist till spring, it says that this is the time....
The paragraph right before talks about silk and says we will be delivering silk in the coming months...
So by reason if the uplist was pushed back to spring I would expect the same verbiage as the silk paragraph, but that’s not what was used.... it says efforts are underway and key pieces are complete...
The board will not meet till we uplist and that’s backed by the line in the letter that says “ we have elected four board members who stand ready to take their positions and fulfill Corp governance requirements of the ... national exchange”... and Kim said they would be seated in the fourth quarter.... it’s all written there for you all to read
This is the way I read it... to each their own... I’m happy with progress this year.....
It’s coming like you said it won’t happen in one day... the process has been ongoing for atleast two months from my dd
We will wake up one morning before Christmas to uplist news... I’m surprised so many over looked that part of the letter
“Our efforts to uplist to a national exchange are well underway, with several key pieces of this process complete.”
Trust me wasn’t easy especially when my first purchase was around .11-.12
Some tough years here but I knew this would be a high risk play
The only time I have traded this was in May and June so I have gained shares with out adding capital in the past year
That may change now at the end of the year may have to free up some more funds and make another purchase, the upside is way way to great
I used all my spare cash to buy some every month...
Instead of having it sit in a savings I thought let me put it to work
I should be rewarded handsomely for my investment strategy here
I will turn 30 next year I’ve been invested since I was 20.... Kblb was one of the first stocks I invested in as a high risk penny... now the risk is much less than it was at 2 cents
I have way more shares than I ever thought I would own
Only need 2$ to be a millionaire, I have plenty of time to wait on that...
I have made good money trading and accumulating shares started with about 100k shares and over the years, especially in the low 2cents range I accumulated as much as I could, I’m very thankful for those 200k-300k shares I got from that time period
Like I have said many times... this will be several 100% higher in the near future
Kblb has come along way since feb of 2017
So glad for all the share price appreciation since then, luck was never needed
Kim has everything under control
I don’t know when the r/s will be announced but I do believe one will happen, I just believe it will happen days before the uplist in conjunction with a successful uplist and not before the application is approved only pending the share price requirement to be met which would be the point of the r/s, Kim was smart and gave himself options for the r/s he will watch the market reaction to his financing then plan the r/s on that reaction...
Everything was held up until we could prove we could produce with the first round complete and now people being able to see we have the goods, a production time table is what the financing partners want to see.... that is now visible and can be shown as fact not as conjecture we have completed a large scale production run from egg
I doubt very seriously that thanksgiving is the deadline, the process is almost complete you don’t scrap all the work you have done to this point and start over in spring, as to when though I don’t know exact dates, but I know from my professional life that kraig is having the discussions necessary to uplist, the wild card here is the financing, I do not believe it will be a solution based financing like calm seas in the past.
The funny thing is how some want to say uplisting doesn’t change the company I disagree, but let’s say they are right uplisting doesn’t change the way this company looks... why would they do it? I hear some say uplisting won’t bring any better terms then why do it?
DILUTION keeps being used as a scare tactic, we are r/s just to dilute, lol if that was the case he could have just done that already what’s stopping him from doing it now? Lol then they say oh he will lose control of the company, yet try pint out he has all the power so why not just issue more super voting shares
At the end of the day too many straw man arguments so I don’t bother wasting my time
The uplist is extra work if he is doing it there is a good reason why... he wouldn’t be “milking” this like some say and be doing all this work to get uplisted just for fun if he could just keep keep selling shares to fill his pockets like some love to say
Like I said a few months ago, I know for a fact the uplist is happening...
What was said at the meeting is happening in the background
Just because he isn’t holding our hands and detailing every step in public releases don’t mean they aren’t taking the steps necessary to uplist
Someone just bought a million shares ..... chump change
Oh wow no mention of doors either so how did they get in? There must not be any...Or security they must have let them go, you know what they didn’t mention either that they turned the lights on so maybe they didn’t pay the bill and have lost electricity as well...
LMAO.....
Massive ROI is coming on top of the 200% already realized this year