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3 ft of rain in places total. Yea eggs are fine.
If we haven’t seen some shadiness before be ready for it and be ready to reach out to the SEC. KBLB is an absolute unicorn. I’m sure there are some shady folks out there. Let’s make sure they don’t become a part of the story.
In order to patent something you have to have a clear attempt to commercialize a product that is somewhat realistic. No one else has the raw material to use this in composites. This is space station material. And it’s ours.
Thank you!
I know we have some older guys here but looking at the Instagram profile for Bolt makes me laugh. It’s reassurance that another competitor has fallen to the wayside and is still out there posturing and likely searching for more funding. They have made no products yet. It’s like a social media profile of people blowing through the money of investors and putting on a show. Bet you Kim mows the lawn and does laundry, and that’s what he does in his free time.
I agree. APC’s and large bombers/ support planes are lined with material to absorb anti aircraft shrapnel.
All it takes is a PR to say they have produced their first metric ton of raw material.
Anyone with a better knowledge know if simply reinforcing resin with spider silk makes it a patentable product. I imagine carbon fiber and fiberglass were at one point proprietary.
For sure. It’s ridiculously priced material and they will never be able to achieve a cheaper price by much with economies of scale. Pharmaceutical labs are pretty damn expensive places to run. And that’s the only way you can do this is in a bioreactor. Same things you need for making chemical weapons. There is no way to make it less expensive. A far cry from growing it on some bamboo trays in a developing country.
Finally a market that could support the ridiculous expense that is the goo. Over priced 400 dollar headphones. Enjoy your Memorial Day Longs.
Sounds like some people that were complaining about a nickel.
It could go that way but KT has never been looking to satisfy shareholders. It’s always a surprise. But if you are looking at this as far as trading you are in a different boat. This stock is for the longs. Just buy it and put it to the side and remove the volatility anxiety. It’s clearly taking off. Either buy more or check back in a year.
Here we are once again with this volatility. It doesn’t bother me for the long term. We were sub 4 cents months ago. We have a partner. I don’t want to deal with the taxes and risk of short term trading on this. Disappointing week but certainly not a disappointing quarter. I’m happy to let this play out. I know where it’s going.
You can see the black on the trades page.
It’s absolutely the best place. Single party government that wants prosperity for the country. And much cheaper than China. Infrastructure and knowledge of the industry has been there for centuries. No need to worry about tariffs on China or corruption in India or the expense of South Korea or Japan. It’s the perfect place. Take a trip and see for yourself. And get yourself a custom silk suit for 200 dollars in Quang Nam. And the quality is there. I still have mine from 15 years ago.
Zuckerburg has that same set up. Seemed to work out for all of his investors. I wouldn’t say poison pill as much as the ultimate say. The quicker this moves to unicorn the better positioned we are for an acquisition of another company.
It was on their FB page and in an email so they distributed it.
Already hit 43 today!
This is really poorly written
No volume big sells take it way down. There is a lack of liquidity in most otcs at most times.
This is an otc stock. The price is based on volatility. Chart fundamentals are garbage with these things with the exception of moving averages.
It’s also not going to be light or breathable. It’s decieving but when you soak something with resin it’s very heavy. Especially at that thickness. 3 layers of fiberglass in resin at roughly 2 feet by 6 feet will be about 100 pounds. And the glass probably accounts for roughly a pound in that mixture.
It’s a little deceiving to us an AR style when you are shooting a round that is what 6 year olds learn to shoot from a bolt action.
I just want to hear we have produced a metric ton of material.
All I know is that ND loaded up, and that’s a big sign.
When people throw numbers out as far as share price I think it’s short sited. Yes we are basically a textile company right now but we don’t know what this company has learned in the lab and what new products could be produced with that knowledge. And no matter what this is the absolute cheapest way to create spider silk protein. Feed them locally grown feedstock in a poor 3rd world country. Body armor and flack shields are a market in the tens of billions. Add in regular clothing, suits, carpets and that’s just one textile.
If we inch above a dollar we will have all have been early investors in a unicorn. And many here will have made 25 times there investment.
I think we have that with polartec. They probably won’t disclose individual contracts. We’ll have to pick apart the filings as always.
I think the time has come for a shareholder meeting or a CC
Do you hear that? It’s the sound of me dancing in the street.
The best thing is that we set the price for the product and not the market. And this is comparatively cheap and simple for a 3rd world country educated population to produce. The margins on this will be exceptional.
It would be wise to look at the bigger picture. GLTA longs. The real longs.9
Completely agree. And ND is probably the only reason we road this horse for a decade.
Bob is great and has been a positive force. We don’t get to really hold through a buyout. If someone is going to buy us out there needs to be a shareholder vote. At this point KT no longer holds a majority share. He can’t solely prevent a buyout. But between the people we all know with holdings and us added to the mix, I don’t think a buyer could get the yes votes from any one side. It would have to be a consensus. All I am trying to point out is that no one even knows what the true extent of the market is. It’s time to feed this material into the supply chain and see what crazy things it produces. Things that none of us ever imagined.
No and I don’t want it. I don’t want a buyout. I know some of you guys are older and this is a great potential to treat your kids and grandkids to some great times and a nice inheritance but don’t ever sell. Think of this investment as the life changing legacy you leave. I don’t want shares of under armour. I don’t want Nike. It goes on but I don’t want a dividend stock that follows markets and business plans and has a lame growth projection. I want to own Kraig Labs. After a decade it’s finally happening and you have all planted the seeds that will assist your children and grandchildren for the rest of their lives. This share price is nothing. I think Kim knows that and has always known.
The driver of the price is dictated by how individual investors feel about it. There really isn’t a large float unless you feel like risking it all when we finally have evidence. It’s buyers that are holding that is driving this price north. And they aren’t the you and I people that spent ten years on this. They followed it and some analysts are being vindicated right now. Gentlemen, and ladies, let it ride. We all know the history of stock options that were given to janitors of these behemoths. I think we all own a little more than that.
One thing I will say is that any move to Nasdaq or a reorganization should be met with massive scrutiny by this board. A board that has probably been the reason this thing didnt go to .001 numbers over the last several years.
I’m in the same boat. I would love to get my hands on some rolls of this and start doing composites manufacturing with it for yachts. I worked for a guy on a boat that also had a 75 ft carbon fiber racing yacht. If you are familiar with sailboats his mast stays were made of PBO. The line that ran from the deck through the spreaders and back down cost 300k. That’s literally 1k per foot of line on that boat. It was light and didn’t stretch and a decade ago it was the it thing. This material would not replace that due to its flexibility but it shows you what money is out there for cutting edge technology. PBO is now a regular cheapish thing compared to that time. And there are better materials now. But there isn’t anything even close to spider silk that is a potential now. And I mean now as in the horizon of the next few decades. We have the holy grail it exists and eventual we will all get to hold that challis.
The bottom line to me is the spinner concept of a silkworm. It’s still probably hard to understand ( maybe except for our research team ) as far as re creating that but making stuff in vats or by some other means gives you a protein but doesn’t give you this material in the end at the economies of just utilizing nature. As always, and as I have said, no one has the technology to bring this to scale except us. Think of the investor dollars that have funded our competitors. You are looking at 10 times the money invested without actually being able to produce a true technical textile. You can make shirts and rugs and dresses that no one can touch or you can make a millimeter thick rope that the whole office can play tug of war on for 100 bucks. And we are getting close to a demonstrator product like that.
But your perception is your industry alone I feel. And I agree with a rough estimate of 5 billion for the medical applications.
What about military? What about technical textiles that are to a lay person from 10 feet away just a rope? But it’s more than a rope.
What about composites manufacturing? Having strength and flexibility as opposed to carbon fiber that has tons of strength but zero flexibility.
This company could be to the textile industry what the internet was to technology companies. We have our obvious players like polartec. But what about the start ups that need a material like this to create their company that will change the world?
If the last 30 years has shown us anything, it has shown us that we are in an age of disruption.
Google was nothing before the internet. It didn’t invent it. And their were plenty of giants that were better positioned. It just capitalized on it first and changed the world.
No one can truly put a price on this. We all know the theory of potential applications but only the business knows what can be reality. Both current and in the future. Now that we are seeing a partnership with a true number one player, we have tons of opportunities. Why let the tech get hoarded by one company? The goals of a regular publicly traded company likely are not in line with what Kim’s end vision is. Any big name apparel company has no clue about the technical textile industry and its use in high science applications. This guy has money. And he has net worth. Took no real salary. From the car payment it sounds like a Prius. This guy is frugal Fran. Polartec is the right partnership and I’m sure they want a piece of the company. But why sell out to make sport shirts. Or a prototype product.