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Calling Yugo a competior with Ferrari. Now
that is funny. lol
China can't do anything without the gene sequence.
" It is funny. When a competitor does something, it is mocked. "
That is simply not true. smh
We are talking about scholars who are expert
in their field. They would know if it was
a scam.
Oooh... 'Oh what a tangled web we weave/When first we practice to deceive' means that when you lie or act dishonestly you are initiating problems and a domino structure of complications which eventually run out of control. The quote is from Scott's epic poem, Marmion: A Tale of Flodden Field.
There is also Workman Nydegger, that KBLB hired.
No one like to wait but investors that been here
for a while knows how that happened. Like Forest
Gump said.... Did some google on the $250,000.00.
It said it could be listed on 2 account. A debit
account and unearn revenue account. Looking for
someone to educate me about this. gl
good or bad, I thought someone might
educate me on this one.
$250,000.00 recieved for 800 kg of KBLB fiber.
Unearned revenue is originally entered in the books
as a debit to the cash account and a credit to the
unearned revenue account. The credit and debit are
the same amount, as is standard in double-entry
bookkeeping. Also, each transaction is always
recorded in two accounts.
When Vietnam lift travel restriction. 800 kg of
kblb spider silk will be shipped to Kings group.
With some luck, they got a break and sent it out
already.
" It's almost as if Kim really doesn't want
this company to be public. " Someone don't
want KBLB to exist period. No ifs or buts
about it. That much is clear.
$250,000.00 = 800 kg of kblb spider silk fiber.
That is good any day. :)
" This has to be the ultimate con game " seriously, you just
called KBLB a scam. Say what you want but you are wrong
on that one. gl
Unbelievable. When investors bought in 10 years ago,
they did not think it would take this long. Investors,
some are angry, others carry on. It really is unbelievable
all the problems and setbacks that happened.
$250,000.00 for 1600 lbs of kblb fiber.
That is a good start any day. I"m not making
this stuff up. It is true. CEO KT said
2 lbs of kblb fiber cost $300.00 . This covid
19 has slow down business everyone. Just when we
thought we saw the last of it. Here it come again. smh.
" For example, in January, KBLB PRed that they
had an "an initial payment of $250,000". Yet,
there has been $0 revenue posted in the 1Q and
2Q financials. This shows me that the statement
in the PR was a bunch of BS. " If you are correct,
then faud charges can be brought against KBLB. Since
that has not happened. There must be an explanation
for the $250,000.00.
it is clear. $300.00 for 1 kg of kblb silk. Buyers price.
I"m guessing that about 800 kg. sorry. :*(
KBLB post it on their website.
" We don't know how much, " It cost $300.00 for 1 kg of
spdier silk. 800 kg of spider silk?
" very interesting..." indeed.
KBLB steady as she goes. :)
The delivey is in a current PR and explain
Vietnam lockdown stop delivery to Kings group.
To say you been heard about this delivery for 10 years...
oh well... is just pretty words. Now what? Well lets
see It cost $300.00 a 1 kg of spider silk.
I'm guessing Prodigy has about 800 kg
of spider silk ready for shipment to Kings group.
"Of course, if the share price continues
to drop (as it has for about 2 years)
then they will need to dilute more. "
Delivery of fibers not too far off.
loan can be paid off with less shares.
I'm guessing around 1600 pounds of spider silk.
That is a good thing to pay off the loan and
share price drop down to $0.075 then close at $0.081.
Not bad, showing support for KBLB. gl
They using those shares to pay off the loan?
PHONE: (734) 619-8066
THe first roll of dragon silk was promise to one
of their partners. Looks like Kings group is the one.
These other partners should be consider in the equation. gl
Yeah man... and this is with one company.
How much cash flow will 2, 3, or 4 companies
generate? Cha-Ching baby!
I read it just now. Yeah, I think it
is a coincidence. It's about China wanting
the red sea and Singapore has most of
their food imported. ( Supply-chain ).
Dragon has a special meaning in Asian culture.
It mean great power. What did they have in mind
when they name it dragon silk? Sound effect... ( GONG ) :)
Kenneth Lee qualification as a highly skilled business man.
Will grant him permission by Vietnam government to travel
through the check points with KBLB fabric in tow.
Once Kennth cross over the boarder. He will be met
by Kings group. Kings will take delivery and
debut their product line. They will sell out
in within hours not days. Hours!
" Why did Kim make such a big mistake? ".
rignt, it stood out like a sore thumb. All we could
do is try to figure out what did not make sense. :)
" backed solely by the willingness of trusting investors "
I think investors trust is backed by PR from KBLB.
The buy and sell of KBLB looks like control trading always
staying within certain ranges and this appear to been
going on since the RS announcement.
Pizza with diced Wagyu beef topping
coming right up. :)
Right, I would not want to take a risk on a run of the mill
company ( Like hamburger joints. ) and agree with you are
saying. In this case, KBLB is a risk but not a foolish one.
Well I think you see where I'm going with this. gl
I be the first to admit I don't know the inner working
of that type of business or any other for that matter.
KBLB and Kings group is working on delivery.
Challenging? yeah, of course, but not huge
problem just slow moving through the
paper work that highly skill business men
permission granted by Vietnam goverment
to travel during times like Covid 19.
I would think Yorkville knows this. Hmmm, maybe they
take the 20% profit and buy back KBLB shares.
For you question, why? I would not really know.
" Sure, they could wait, but the price could
also go down and they could lose money.
Why take the chance? " sure it could go down
in price but going by the last PR production is
proven and the only current problem is delivery
due to Covid 19. Once delivery is made Kings group
that will be a very good bump in price. I would bet
it could make Yorkville more than 20% if they had waited.
Wouldn't it be better for them to wait for good news
from KBLB before selling the shares to the open market?
There was a bump in price. 083