Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
"HAPPY" HOLIDAYS REVISITED
HERE
It was evident in your "flip/flopping."
Took a few days to respond....
Fifteenth draft perhaps. 🤣😂🤣
Certainly beats "coming soon" or "in the coming weeks."
KBLB's PR's are catered to a FINANCIERS audience.
They very well know that longs want to hear of
PRODUCTION AND LOTS OF IT....
IN A QUALITY-CONSISTENT MANNER...
THE ELUSIVE ATTAINMENT THUS FAR, SINCE INCEPTION.
That post of bananas certainly was.
AI generated responses, perhaps.
Hey Banana; guess what?
Ya think? 🤣😂🤣
Performing proper due diligence the first time around, might eliminate the indecisiveness
presented in the post below.
At any rate, hope you find the answers you are desperately seeking. 🤫
You're welcome beacham.
Silk, The Ancient Material With High-Tech Possibilities
“Silk: A World History” describes the unique qualities of silk that make it a sustainable material with a wide variety of applications.
April 26, 2024
SCIENCEFRIDAY LINK
Wouldn't want anyone to think KBLB is the only company in the specified sector.
If it's good enough to acknowledge on their company websites and in SEC filings...
It's good enough to post the acknowledged competitors latest developments. 😉
It's clear to see that I did. 💯
AMSilk STRENGTHENS MANAGEMENT TEAM WITH KEY HIRES OF RALPH FRAUNDOFER AND CTIBOR KOHUTOVIC TO MANAGEMENT BOARD
NEWS PROVIDED BY AMSilk Apr, 23, 2024-3 HOURS AGO
PR
NEURIED, Germany, April 23, 2024 /PRNewswire/ -- AMSilk GmbH ("AMSilk"), a global leader in advanced materials made from spider silk-based proteins, today announces the appointments of Ralph Fraundorfer and Ctibor Kohutovic to its Management Board starting immediately.
Ralph Fraundorfer has been appointed as Chief Financial Officer (CFO) and will lead the finance team, with responsibility for all financial issues, such as company accounts, financing and risk management. Ralph's professional finance career spans over 20 years, having worked for companies such as Shell, Syngenta and Actelion Pharmaceuticals.
Most recently, Ralph was CFO of Tropic Biosciences, a pioneering company in the field of agricultural gene editing, where he built the finance function, enabling strong growth from 40 to over 150 employees and successfully closing several financing rounds.
Ralph Fraundorfer officially succeeds Arne Treinies as CFO, with Arne leaving the Company to pursue other opportunities. "We would like to thank Arne for his important contribution to the scale-up of AMSilk", Ulrich Scherbel (CEO) says. "In his role as CFO he has professionally built up the finance and organizational structures of the Company. We wish him continuous success and all the best for his new challenges."
Ctibor Kohutovic joins as Chief Production Officer (CPO), with responsibility for driving AMSilk's industrial scale up as it moves into the commercialization phase. Ctibor will focus on the Company's global protein production, developing production capacities with new and existing CMOs, improving capabilities and reducing costs.
Ctibor has extensive experience in global production processes, process improvement and contract manufacturing, beginning his professional career at Evonik in 1998 as a Fermentation Process Engineer at the Fermas site. Most recently, he was Head of Strategic Projects at Evonik Operations, as well as Site Controller and Strategic Project Manager at Evonik Fermas.
The key appointments of Ralph and Ctibor complete the AMSilk Management Board, alongside current Chief Executive Officer, Ulrich Scherbel, and Chief Scientific Officer, Gudrun Vogtentanz.
Ulrich Scherbel, Chief Executive Officer at AMSilk, said: "Ralph and Ctibor are two proven experts, whose industry knowledge, experience and track record are of immense importance for the future development of AMSilk. These appointments complete our Management Board, and I look forward to working alongside them both to drive the Company's continued industrial scale-up towards profitability."
Ralph Fraundorfer, Chief Financial Officer at AMSilk, added: "AMSilk has a stellar team and I am looking forward to helping scale up production of a fantastic product that the world really needs. AMSilk has products with a real purpose and people with great passion. For me, these are the most important elements of a successful company, and AMSilk has them all."
Ctibor Kohutovic, Chief Production Officer at AMSilk, said: "Joining AMSilk feels like the perfect alignment of my passions, expertise, and aspirations. AMSilk's vision and potential are truly inspiring. I am very motivated to play my part in ramping up production so that we can launch our spider silk-based products to the market."
Wolfgang Colberg, Chairman of the Board, AMSilk, commented: "AMSilk is at a pivotal point in its development. To attract individuals of this caliber to the Management Board is testament to the progress AMSilk has made towards its goal of becoming a leading protein solutions business for a variety of industries."
AMSilk's spider silk-based protein fibers are the gold standard, offering high-performance qualities which translate to a wide range of applications in the textile and automobile industries. Based on their exceptional natural properties, which can be tailored to the specific needs of the market or customer, AMSilk's high-performance material outweigh many natural or fossil-based materials, while being verifiably biodegradable.
In January 2024, AMSilk announced a partnership with 21st.BIO to accelerate production using a new protein production strain created from highly specialized precision fermented microorganisms, ensuring that AMSilk can meet demand as it increases production from the laboratory to industrial scale.
The new strain ensures extracellular expression of silk proteins, enabling manufacturing at unprecedented productivity levels due to higher yield and greater efficiency, thereby reducing production costs.
In March 2024, AMSilk also announced an update on its strategic R&D collaboration with BRAIN Biotech, which allows the structural proteins underlying AMSilk's protein fibers to be modified at the amino acid level enabling products to be easily tailored to specific market requirements.
The focus is on what their competitors are presently engaged with...
Thought you knew.
Yohji Yamamoto Collections and Y’s to release dress shirts and denim trousers featuring Brewed Protein™ fiber exclusively at Isetan Mitsukoshi
April 11, 2024
<Yohji Yamamoto Collections> | A collection that will shape the future
A total of eight items utilizing Brewed Protein™ fiber (four dress shirts and four denim trousers) designed by the Yohji Yamamoto brands Yohji Yamamoto Collections and Y’s will be launched exclusively in collaboration with Isetan Mitsukoshi and showcased at a pop-up store within the Nihombashi Mitsukoshi Main Store from April 17–30, 2024.
For Yohji Yamamoto Collections, the two denim trousers and two dress shirts utilizing fabric made with Brewed Protein™ fiber are timeless designs that combine Yohji Yamamoto’s style and functionality. These items are intended to be incorporated into the wearer’s daily wardrobe and worn for a long time.
Y’s will release two cotton shirts using their iconic broadcloth and two denim trousers. All four garments feature a cactus flower print with distinctive brush strokes.
This collection, launched under the theme of “connecting to the future”, serves as a continuation of Mitsukoshi’s 2023 “Japanese tradition” initiative, which celebrated the store’s 350th anniversary.
Through this collaboration, Spiber hopes to increase awareness of the unique aspects of Brewed Protein™ fiber and the value it provides, as well as contribute to advancements in the world of Japanese fashion as it works toward achieving sustainable manufacturing in the future.
Spiber Inc. Raises Over JPY 10 Billion In Funding To Strengthen Mass Production And Sales Initiatives
Yamagata, Japan – Spiber Inc. (Director and Representative Executive Officer: Kazuhide
Sekiyama; hereinafter “Spiber”), a biomanufacturing startup, is pleased to announce the successful completion of a round of fundraising totaling over JPY 10 billion. This funding, which includes additional investments from existing shareholders, will allow the company to accelerate mass production of its innovative Brewed ProteinTM materials and facilitate global sales, further contributing to the advancement of a circular economy.
Spiber’s proprietary Brewed ProteinTM material is a new category of material1 developed and refined through more than 15 years of research. By harnessing the diverse, cyclical nature of proteins, one of the key building blocks of Earth’s ecosystem, the company aims to realize a circular economy that can exist in harmony with nature.
Using cutting-edge biotechnology, Spiber’s proteins are meticulously designed at the DNA level and manufactured through a proprietary microbial fermentation process with plant- based raw ingredients. Amidst the rapidly growing need for sustainable solutions, the value and potential of Brewed ProteinTM materials have been highly evaluated by investors and consumers alike, and Spiber is engaged in numerous joint projects with apparel brands and other partners.
To date, 15 domestic and international brands have launched products using Spiber’s materials, and the company will continue to strengthen its production system and R&D platform to meet the expected growth in demand and diversifying needs.
Founder’s message
“We are grateful for the continued support and confidence from our investors, financial institutions, and partner companies who deeply understand the value of our technology platform, development materials, and business prospects. Despite the challenging fundraising environment for startups amidst the global economic landscape, we have been able to sustain our growth thanks to their recognition and expectations.
We remain committed to the establishment and enhancement of the biotechnological foundations essential for realizing a circular society, as well as fulfilling our responsibility for social implementation as a frontrunner in this sector.”
– Kazuhide Sekiyama, Director and Representative Executive Officer of Spiber Inc.
Mitsubishi UFJ Morgan Stanley Securities and Anderson Mori & Tomotsune acted as the financial and legal advisors respectively for this equity financing.
THE ACTUAL CASH VALUE ATTRIBUTED TO EACH COIN, FOR ONE...
13,000 COINS AT .03 = $390,00.
COULD'NE BEEN EXCHANGED FOR CURRENCY THROUGH CERTAIN "CHANNELS."
It is what it is...
Sorry for those who fell for the "this time will be different" rah-rah, without performing
adequate due diligence AND ALLOWING ENOUGH TIME TO BE THE DECIDING FACTOR.
For those relying solely on the Community Faucet and other "free" avenues, maybe; in a
Pavlovian sort of way....
There are additionally those who paid for coins.
The "cryptic crypto" scenario certainly wasn't.
Birkenstock Announces Megan Kulick as Director Investor Relations
LINK
LONDON, UK / ACCESSWIRE / April 16, 2024 / Birkenstock Holding plc ("BIRKENSTOCK" or the "Company") (NYSE:BIRK), announced today the appointment of Megan Kulick to Director Investor Relations, effective April 15, 2024.
Based in New York, Ms. Kulick will report to the Board of Directors of the Company.
Oliver Reichert, CEO of the BIRKENSTOCK Group and Member of the Board of Directors of the Company: "It was extremely important for us to fill the position with an Investor Relations Professional who not only has a high reputation in the market and an excellent professional background, but also speaks the language of the Street and whom we trust to convey our unique equity story in the most credible and effective way.
Her background as an analyst, investor and IR professional positions her well to convey BIRKENSTOCK's strategies and outcomes to the investment community and other key stakeholders."
Ms. Kulick brings over 20 years of strong and international financial experience spanning investor relations, equity research, and portfolio management at top tier U.S. banks and large listed corporations. Most recently she led Investor Relations for Cresco Labs.
Prior to that she held several senior positions, including the role of Head of Investor Relations at AYR Wellness Inc., Senior Vice President at PIMCO, Director at Merrill Lynch, and VP at JPMorgan Chase. Megan began her career at Merrill Lynch in Equity Research covering Telecommunications Services.
Ms. Kulick holds a bachelor's degree in Business Administration and Finance from the University of Michigan and an MBA from the Colombia Business School.
TRUISM ENDORSED
It's not just you: Reddit is taking over Google
EXCERPT
Hugh Langley Apr 17, 2024,
BUSINESS INSIDER
* Google's AI search engine and the rise of forum posts like Reddit and Quora are upheaving SEO.
* Google's shift to promoting more human, helpful sites has led to a surge in traffic to Reddit.
* This rise in Reddit's visibility is being exploited by spammers, raising concerns.
If you think you've been seeing an awful lot more Reddit results lately when you search on Google, you're not imagining things.
The internet is in upheaval, and for website owners the rules of "winning" Google Search have never been murkier.
Google's generative AI search engine is coming from one direction. It's creeping closer to mainstream deployment and bringing an existential crisis for SEOs and website makers everywhere.
Coming from the other direction is an influx of posts from Reddit, Quora, and other internet forums that have climbed up through the traditional set of Google links.
Data analysis from Semrush, which predicts traffic based on search ranking, shows that traffic to Reddit has climbed at an impressive clip since August. Semrush estimated that Reddit had over 132 million visitors in August 2023. At the time of publishing, it was projected to have over 346 million visitors in April 2024.
Organic search traffic to Reddit over the past two years Semrush
None of this is accidental. For years, Google has been watching users tack on "Reddit" to the end of search queries and finally decided to do something about it.
Google started dropping hints in 2022 when it promised to do a better job of promoting sites that weren't just chasing the top of search but were more helpful and human.
Last August, Google rolled out a big update to Search that seemed to kick this into action. Reddit, Quora, and other forum sites started getting more visibility in Google, both within the traditional links and within a new "discussions and forums" section, which you may have spotted if you're US-based.
The timing of this Reddit bump has led to some conspiracy theories. In February, Google and Reddit announced a blockbuster deal that would let Google train its AI models on Reddit content. Google said the deal, reportedly worth $60 million, would "facilitate more content-forward displays of Reddit information," leading to some speculation that Google promised Reddit better visibility in exchange for the valuable training data. A few weeks later, Reddit also went public.
A Google spokesperson told BI: "Our agreement with Reddit absolutely did not include ranking its content higher on Search."
Indeed, SEO experts have watched this Reddit bump since August when Google rolled out a crucial search update six months before the deal was announced.
It's not just Reddit. Q&A forum Quora is getting a huge visibility bump in Google search results, per Semrush and Sistrix data. Google says "hundreds" of other forums and communities across the web are also getting the bump.
Still, given Reddit's size, its rise is the most noticeable. Per Sistrix data, Reddit is now as visible in top Google Search results as Instagram.
Reddit's visibility in Google Search now matches that of Instagram Sistrix
Steve Paine, marketing manager at Sistrix, called the rise of Reddit "unprecedented."
"There hasn't been a website that's grown so much search visibility so quickly in the US in at least the last five years," he told Business Insider.
Right now, Reddit ranks high for product searches. Reddit's main competitors are Wikipedia, YouTube, and Fandom, Paine said, and it also competes in "high-value commercial searches," putting it up against Amazon. The "real competitors," he said, are the subreddits that compete with brands on the web.
Giving the people what they want
Why is Google doing this, and why now?
The company's stance here is simple: it's giving users what they want.
"Our research has shown that people often want to learn from others' experiences with a topic, so we've continued to make it easier to find helpful perspectives on Search when it's relevant to a query," a Google spokesperson told BI. "Our systems surface content from hundreds of forums and other communities across the web, and we conduct rigorous testing to ensure results are helpful and high quality."
A Lady Gaga Google Search shows how AI is upending the world's most profitable online business. 'Site owners are terrified.'
Responding to a post on X, Google search liaison Danny Sullivan said users not only like seeing "forum content" but that they "proactively seek it out."
This shift in search behavior has already been happening for several years. In July 2022, Google's search head Prabhakar Raghavan said younger users were turning to alternative sources such as TikTok and Instagram for information and recommendations. Last year, during the Reddit blackout in June, Google Search got considerably worse.
TRUISM ENDORSED
ASTERA LABS STOCK EARNS WALL STREET ANALYST PRAISE. HERE'S WHY.
Josh Lipton and Julie Hyman-Mon, Apr 15, 2024, 3:51 PM EDT
LINK
Astera Labs (ALAB) has been receiving bullish coverage from Wall Street analysts since its initial public offering (IPO) on March 20, 2024. The semiconductor company went public at $36 per share and has been dubbed the best-performing IPO over $500 million so far this year.
Yahoo Finance's Julie Hyman and Josh Lipton break down the details.
For more expert insight and the latest market action, click here to watch this full episode of Market Domination.
This post was written by Angel Smith
Video Transcript
JULIE HYMAN: Let's turn now to some calls of the day. We start with astera. Labs now this is facing a fresh batch of Wall Street coverage after going public in mid-Marh. And a majority of the brokers that initiated coverage have struck a bullish stance on the stock. But the shares are down 1.5%. But let's put this in context here. This is a company that came public March 20th, a day before Reddit. We also got a lot of Reddit calls today. $36 a share, it was up 72% in that first day of trading. And it's continuing to move higher. It is the best performing IPO over $500 million.
So far, this year it is in the semiconductor connectivity business and investors like that business right now.
JOSH LIPTON: Yeah. I mean, investors have been just so hungry to find ways to play AI. And they decided this is one of them. Analysts seem to like it, Julie. I mean, we eight buys one hold, no sell. Analysts at Needham saying valuation looking pricey. But the company is among, they say the fastest growing in the semiconductor industry. They talk about industry leading margins. They expect estimates to go up from here, specifically from higher AI server shipments. Their target 85.
JULIE HYMAN: Yeah. I thought also the one equal weight or hold equivalent rating is from Joseph Moore over at Morgan Stanley, who is definitely a veteran experienced chip analyst. He says it's the highest growth company within his coverage. But it's got a high valuation to match that high growth. He said though that the stock will be a, quote, "core small cap holding."
JOSH LIPTON: There you go.
JULIE HYMAN: Yeah.
TRUISM ENDORSED
INSTACART APPOINTS VICTORIA DOLAN TO BOARD OF DIRECTORS
PR Newswire-Tue, Apr 16, 2024, 9:15 AM EDT
LINK
SAN FRANCISCO, April 16, 2024 /PRNewswire/ -- Instacart (NASDAQ: CART), the leading grocery technology company in North America, today announced that Victoria Dolan, former CFO of Revlon, has joined the company's Board of Directors.
Dolan is a seasoned financial expert and business leader with more than 30 years of experience in the consumer packaged goods (CPG) and retail industries. Separately, after years of dedicated service, Jeff Jordan, General Partner at Andreessen Horowitz, and Barry McCarthy, President and Chief Executive Officer of Peloton, will retire from Instacart's Board of Directors when their terms expire at the company's 2024 Annual Meeting of Stockholders.
"Victoria's decades of experience and deep understanding of the CPG and retail industries will be invaluable as we continue to introduce new technology solutions for our partners.
We have a bold vision to build the technologies that power every single grocery transaction, and Victoria's expertise will be an incredible asset as we continue to transform the grocery shopping experience," said Instacart CEO and Chair Fidji Simo. "I also want to thank Jeff and Barry for their immeasurable contributions to Instacart. They both brought unparalleled expertise to our Board of Directors as we've grown and entered the public market, and we're grateful for their years of support."
Dolan's professional experience spans strategic planning, finance, supply chain, and operations at several respected companies. She served as CFO of Revlon for nearly five years, and prior to that, she spent nearly 10 years at Colgate-Palmolive, serving as the company's Chief Transformation Officer, Corporate Controller and Principal Accounting Officer, and Colgate-Palmolive Europe's Vice President of Finance and Strategic Planning.
Prior to Colgate-Palmolive, Dolan held multiple management positions with Marriott International, Inc. and The Coca-Cola Company. She currently sits on the Board of Directors for Stericycle, a company specializing in regulated waste management and compliance services, and advises several nonprofits on various financial-related matters.
"I'm thrilled to join Instacart's Board of Directors," said Dolan. "The CPG and retail industries have changed significantly over the last several decades, but never more so than over the last few years. In today's business environment, companies in this space need a technology partner they can trust to continue to deliver for them and their customers in new ways — and I firmly believe that Instacart is that company. I'm looking forward to working with Fidji and the rest of the Board of Directors to bring this company's ambitious vision to life."
Jordan's and McCarthy's Board terms expire at Instacart's 2024 Annual Meeting of Stockholders, and they will not stand for re-election. Jordan joined Instacart's Board of Directors in 2014, advising the company from its early start-up days through its public market debut in September 2023. McCarthy joined Instacart's Board of Directors in 2021, advising the company during a critical period of maturation as it charted a path to sustained, profitable growth.
Instacart expects that Dolan will replace McCarthy as Chair of its Audit Committee of the Board of Directors, effective as of its 2024 Annual Meeting of Stockholders.
In addition to Dolan, Jordan and McCarthy, Instacart's Board of Directors also currently includes Instacart CEO and Chairperson Fidji Simo; Ravi Gupta, Partner at Sequoia Capital; Meredith Kopit Levien, President and CEO of The New York Times Company; Michael Moritz, Former Partner at Sequoia Capital; Lily Sarafan, Co-founder and Executive Chair of The Key; Frank Slootman, Chairman of Snowflake; and Daniel Sundheim, Founder and CIO of D1 Capital Partners.
TRUISM ENDORSED
INSULTING A PERSON ONLY SHOWS IMMATURITY AND A LACK OF ARGUMENTS
(PERTAINING TO INSULTS OF OTHER POSTERS)
HERE
NO ONE KNOWS IF THE GENETIC TRAITS WILL BE CARRY ON FROM GENERATION TO GENERATION...
NOT EVEN KBLB MANAGEMENT, "OVERSEEING" THE PROJECT...
SO ALL ONE CAN DO IS WAIT AND HOPE NEWS IS MORE FORTHCOMING THAN THEIR PREVIOUS DISEASE-RESISTENT SILKWORM TRIALS AND TRIBULATIONS. 🤫💯
PERFORM YOUR OWN DUE DILIGENCE AND SEE FOR YOURSELF WHAT HISTORY HAS DICTATED OVER TIME...
"THIS TIME IS ALWAYS DIFFERENT"
MENTIONED AT EVERY POSSIBLE INTERVAL....
UNTIL IT ISN"T.
Yes, yes; by all means....
BUY MORE SHARES...
IF THAT'S WHAT "YOUR DUE DILIGENCE" IS TELLING YOU.