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Great plan!
They will be producing black mass by the end of 2021. They will be cash flow positive when that happens, and have zero debt. In a recent interview the COO said they could begin construction on the pilot plant late April to May. They are in the process of uplisting now, and I suspect more very good news in the next 90 days.
Anything is possible in this decline.
Nearly the entire OTC has been selling off for the past 10 days. It's not specific to ABML. But not fun, either.
Martin Shen gave a great detailed, focused presentation this morning. Very impressive.
Jack, That should be calm, Cool, and $$$$ Collecting!
Nice close today.
Great video Georgio. Moving dirt late April/early May. Lots of important activity happening behind the scene.
No way. admit it, you hate this stock. Go find another playground.
No doubt people are pissed about the consultant share give away. I expected to hear permitting was approved and completed. They pump the shit out of this on social media. Doug said last month they expect to pour concrete in Feb.
There is disappointment, but I am holding. Things are happening, but investors need to keep realistic timelines as this is still a start up.
The construction plans are submitted, Uplist is in progress, and great things are on the horizon.
I am patient.
Sorry to hear about the highline location, EMZ. NYC didn't help it's restaurant owners at all.
Boustead Securities Client Know Labs Begins Process to List on Major Exchange
Announces Company Highlights and Developments at its Subsidiary, Particle, Inc.
Current_Know_Labs_logo
Irvine, CA — February 11, 2021 – Boustead Securities, LLC (“Boustead”) client Know Labs, Inc. (OTCQB: KNWN), an emerging leader in non-invasive medical diagnostics, through its patented and patent pending electromagnetic energy technology platforms, announced that it intends to list on a major national exchange, either NASDAQ or the NYSE, and is beginning the listing application process, with Boustead having been retained as advisor for the uplist.
Additionally, the Company highlighted recent accomplishments and issued its first public statement on the activities of its subsidiary corporation, Particle, Inc., which has, until now, been in stealth mode.
Uplist to a Major Exchange
With Boustead serving as an advisor, Know Labs has begun the process for an uplisting on a major national exchange: either NASDAQ or the NYSE. Listed companies must meet financial and liquidity requirements and satisfy corporate governance and disclosure requirements on both an initial and continuing basis.
The listing of the Company's common shares on a national exchange is subject to exchange approval and the ability of the Company to satisfy all applicable listing and regulatory requirements. While the Company intends to satisfy all of the applicable listing criteria, there is no assurance that a national exchange will approve the Company's application or that the Company will complete the listing as proposed.
Know Labs management believes uplisting to a national exchange will:
Provide additional opportunities to attract institutional and retail investors, allowing the Company to broaden its investor base in the United States and internationally;
Increase the visibility of the Company, its growth strategy, accomplishments and results to date;
Enable an aggressive growth strategy;
Increase liquidity of the Company's common shares; and
Raise the Company's overall profile and ultimately enhance shareholder value.
"We believe today's announcement is a significant milestone in our efforts to build Know Labs’ patented platform technology into an industry-leading provider of the next generation of continuous, real-time, non-invasive health monitoring solutions to address the unmet needs of millions of people facing challenging health conditions,” said Ron Erickson, Chairman and Founder of Know Labs. "In addition to increasing our visibility in the marketplace, the uplisting may improve the liquidity of our stock, broaden our institutional shareholder base, and augment long-term shareholder value."
Company Highlights
Received foundational patent on its Bio-RFID™ technology (US Patent No. 10,548,503 B2, entitled “Health Related Diagnostics Employing Spectroscopy in Radio/Microwave Frequency Band”) and continued work to expand its IP portfolio. Currently, the Company has more than 30 patents pending in their core focus on the use of electromagnetic energy to accurately identify and measure a broad range of in vivo biomolecules in the advancement of real-time, continuous health monitoring.
Closed a $5.7 million financing on favorable terms to support the advancement of the Company’s efforts to bring non-invasive glucose monitoring to the marketplace.
Developed relationships with internationally recognized clinical research institutions to perform laboratory-based validation testing to confirm internal test results.
Continued work on miniaturization of the Know Labs UBAND™ technology, internal testing and refinement of the use of its trade secret algorithms for exacting determination of blood glucose levels.
Formed the Particle, Inc. subsidiary to further expand and monetize Know Labs intellectual property.
Secured a team and resources to advance the Particle, Inc. commercialization activities.
Particle, Inc.
Formed in May 2020 and built upon the intellectual property of Know Labs, the independent team at Particle, Inc. has worked for the past 9 months to bring to market a disinfecting light bulb that can screw into existing fixtures in your home, office, or business. The Particle™ bulb is a hybrid light bulb that emits warm white light for everyday use and can kill viruses, bacteria, and germs, without harm to you or your family.
Through internal preliminary testing, Particle, Inc. has confirmed the bulb’s efficacy in disinfecting common germs such as E. coli and Staphylococcus. A world renowned, CDC-regulated biosafety level-4 laboratory is currently testing the Particle bulb’s ability to deactivate SARS-CoV-2, the virus that causes COVID-19.
Phil Bosua, Know Labs CEO and the inventor behind the first smart light bulb stated, “I had previously developed a light bulb that kills viruses and bacteria. When the coronavirus pandemic swept the world, we decided the time was right to truly revolutionize lighting as we know it. All of the internal testing we have conducted has been extremely positive and we expect results from an independent laboratory in the coming weeks. We brought together a talented team that is excited to introduce the Particle bulb to the market. It is the first of several products from Particle that I believe will make the space you inhabit safer for you and your family.”
“We believe Particle is the world’s first hybrid light bulb that blends everyday light with disinfecting power, giving it not just a pleasing aesthetic but also valuable utility, opening the door to a cleaner life.” - Phil Bosua, Know Labs, Inc. CEO
About Know Labs, Inc.
Know Labs, Inc. is a public company whose shares trade under the stock symbol “KNWN.” The Company’s technology uses spectroscopy to direct electromagnetic energy through a substance or material to capture a unique molecular signature. The Company refers to its technology as Bio-RFID™. The Bio-RFID technology can be integrated into a variety of wearable, mobile or bench-top form factors. This patented and patent pending technology makes it possible to effectively conduct analyses that could only previously be performed by invasive and/or expensive and time-consuming lab-based tests. The Company’s first product will be the non-invasive UBAND™ Continuous Glucose Monitor (CGM). Those wishing to stay up to date on the developments at Know Labs can subscribe to the Company’s YouTube channel at this link. For more information, visit the company’s website at www.knowlabs.co
Well, he landed that insurance deal, and things are going well. Probably more deals coming sooooon!
Things are about to happen here Baxy!
We'll find out in a couple of weeks.
Thanks, Eagle. Hugely educational.
Chexa Gets it. there is a lot of uninformed money running scared.
No biggie, pullback inevitable on this run. More good news more than likely coming soon.
Exciting days ahead here. I'm patient.
Absolutely lofdog, great read on this from early on.
It will be shortly!
Keep your politics off the board.
Looks like things are getting ready to take off in the insurtech business based on these hires!
Retire,
If you would only do a little homework you'd know that's not true
Doug Cole said on the last webcast that they hoped to pour concrete next month. There should be news on wrapping up the permits by the end of this month as well as SEC news about the name change and probable ticker change.
Once Pilot plant is complete and producing, it should be much easier to get permits for follow on plants with a track record of clean,Eco friendly operations.
Merry Christmas and Blessings to all who have an interest in the success of ABML.
Low volume day. longs holding strong.
Hey lofdog,
So true. Hard to fight the urge to sell. Sometimes you just feel it will all come together, especially with great DD. Appreciate all your efforts.
Things are happening, looking good.
Not much volume today.
The future is very bright here. ABTC.
Gonna pay off big time soon enough.
Sorry, early post before coffee.
Moderator can you delete post 2534.
That is a fact!
Great to see. No more toxic dilution, Just as Doug Cole promised. Bright future awaits us.
I think Doug Cole was being extremely conservative in his estimate of significant revenue. There is financial aid tied to permitting milestones apparently. They are being very deliberate with the permitting process to be sure they comply with the qualifiers for the money.
Ryan Melsert has said it should only take about 3-4 months to finish construction once started. Both Doug and Ryan have said in the past that once the building was finished they would be producing black mass almost immediately.
I believe the one year timeline was for them to be able to process the black mass in their own facility and get the significant margin for the battery grade materials themselves.
Just watched the Martin Shen video again from the end of last month. It's impressive. Things will happen soon.
Thanks for the clarification, was wondering too.
Great to see you Lofdog3
No volume today.