DROP-IN AND GO KBLB! HOLDING THE GOLDEN!!!
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.
Why haven't you sold your shares?
Or have you and you're just sticking around the message board to keep things interesting?
You stated in a previous post,
The past does not equal the future doesn't mean "don't look at the past." It means just because the past is filled with failure, etc., doesn't mean the future has to be. The past can be corrected. No need to dwell on past failures. The future can be changed. THE MESSAGE being conveyed was the point. Not necessarily the person who said it. Since it wasn't my quote, I had to give proper credit.
You're basic assumption throughout your comments is Mr. Thompson is an idiot and will continue to make idiotic decisions in your eyes. Nobody will convince you otherwise. Which is fine. To each their own. My view of him and the company is different. Obviously, right?
Some will offer unconditional support until the company fully succeeds. Others will waver in their support based on the ups and downs. And another group will criticize everything the company and its personnel do, no matter what. Simplified, of course, as there are many variants to those simple personas. All are needed in giving the company its intrinsic value.
The criticisms about the company's PAST performance are warranted. All I'm conveying, though, is, IMO, those criticisms are not aligned with where the company is going in the future. Thus the reason I'm invested in the company and have suggested others do the same.
May the proof come as early as Q3/Q4. If not, I, personally, will assess my stance at that point. It would take a complete failure of the company and product for me to walk away, though. I don't think either are likely. IMHO.
GLTA!!! Go KBLB!!!
And soon that silence will be met with consistent action. After all, actions do speak louder!
IMHO, the actions now are speaking louder than they have at any point in KBLB's history.
I'm enjoying the ride! Go KBLB!
The entire quote was this...
Better to take the business card and touch base later than to accept the business and not be able to provide. That's a quick way to losing a customer. And potentially others when word gets out. Not foolish at all to say "will get back to you." It's called "knowing one's limitations."
Perfect summation, Silk.
And precisely the reason for investors to focus on the Big FORWARD LOOKING Picture. It seems our CEO is taking all his innovations and "coming into his own" in honing his focus at the helm of this company.
Looking back one can see the "bumblings," as others have termed the CEO's actions. But that's not where the focus should lie. Unless, of course, one uses those actions to show how our CEO has matured through the years. I venture to say those "bumblings" were the result of having so much on his plate. As he still does. But, in being and working closely with top execs and owners of businesses, I can honestly say, IMO, Mr. Thompson is doing something about his "weaknesses."
With the potential of Spider Silk from a simple textile platform to all the other market possibilities, maintaining control of the company so it doesn't spin off it's axis getting lost in chasing this and that just to turn a buck, I'd say our CEO has done a commendable job. As I see it, there's so many potential "players" in this game, one could definitely get lost in saying "yes" to them all. But, here again, this is where the focus comes in. Focusing on what is essential to move the company forward and sustain it. With all the "potentials" of this product and all the "players," one should be able to see how difficult focus would be. IMO, early on, Mr. Thompson was guilty of overwhelm. He has worked on his focus. He's showing that. Not saying it. Until he feels he has to. Actions speak louder, right? That's essential!
Owning a company is one thing. Building a company that will be sustainable now and in the future is entirely different. I say when KBLB is finally a household name, we will all look back at the "early days" and laugh. Then be wooed by how much our CEO showed us how innovation can be taken from the lab to production to mass market. And if he is that "bumbling idiot" as others think he is, then he will be able to say to us all, "see, even an idiot can do it." But, I prefer to think of him as a genius. For me, that's why I stay invested in KBLB.
GLTA!!! GO KBLB!!!
Thanks for elaborating. Good intel.
Care to elaborate?
Nice synopsis, Beacham!
Rumbling, Bumbling, Stumbling...to a BIG PayDay!!!
GLTA!!!
Any of these names popping up for anyone?
In my due diligence searching for potential JV partners, BOD candidates, and overall market opportunities, I've compiled a short list. Any of these coming up on anyone else's radar?
Ron Ricciardi, Pres. & CEO, Saker Aviation Svcs.
Peter Zachariou, EVP & Director, Vycor Medical
Marvin Maslow, Founder & Chairman Emeritus, Manhattan Scientifics, Inc.
Jeff O’hara, Pres. & CEO, Tel Instrument Electronics Corp.
Kathleen Karloff, CEO, Invo Bioscience
Alex McKean, CFO, GTX Corp.
John Regazzi, CEO, Giga-tronics
Some interesting potential there in some form or another.
Go KBLB!!!
I'm constantly reminding myself when I tend to limit my focus to this company's Spider Silk properties and operations, that it is called KRAIG BIOCRAFT LABORATORIES INC.
Mr. Thompson's PR from yesterday seemed to be a subtle reminder to the world of that, too.
And more proof to us shareholders that there is A LOT more going on we need to take into account on those days we wish our company leader would provide us more information.
It is my belief and shared by many others, this company is wildly undervalued for its future potential. But, is currently valued where it's at for it's current potential. That is changing daily. I've alluded to it many times, they know what their plan is and are implementing it. We are witnessing it being unveiled before our eyes. Enjoy the SHOW!!!
Go KBLB!!!
Who is Workman Nydegger?
A glimpse:
https://www.wnlaw.com/services/litigation/
Scroll down to the Lumee, LLC v. Snaplight, LLC case summary.
Nice play, Mr. Thompson.
Go KBLB!
My sentiments exactly, Yankee! Thanks for the props. Go KBLB!!!
Thanks Zman! Me, too!
Thanks Duck!
Thanks Blue!
Thanks Beacham!
Thanks, Col!
I concur!
Thanks, DS. I will respond in pure Marxian fashion then...
"To each his own."
GLTA!!!
Thank you.
Mojo, I wish I had the facts you desire to ease your mind about your investment. Unfortunately, I don't. Only Mr. Thompson and his cohorts do.
My investment philosophy may be different than yours, but, I looked at the company for three years before I decided to invest back in 2012. I've been along for the ride ever since. I'm glad I'm in the position I'm in with this company at this point in time. To the point I'd be comfortable with taking my losses and moving on if forced to. But, I'm not ready to. I don't think you are, either.
I am glad I found this board many years ago. It provides me with the guidance to refute, compare, and confirm my due diligence into KBLB. I value all your insight. GLTA!
Thanks for the kind evaluation, Banana! Yep, I am long on KBLB, too. Appreciate your outlook on things here. Stay strong!
Like I said, W2R, I, personally, wish I knew more, too. But, I, personally, am ok with what I do know now and have invested accordingly. To each their own. I'm long on KBLB. Regardless of 1, 2, or 10 facilities at this point in time.
GLTA!
Appreciate the callout, BullMonkey!
That's where my comfort level comes from: I wish I knew more, but I'm comfortable with what I do know now.
GLTA! GO KBLB!!!
Thanks, Beast!
I don't know about you, but, I take comfort in that.
Curb our enthusiasm, for sure!
In the "What we know for sure!" list of items, we are given stuff to sink our teeth into, without revealing too much about the company. The other "What I don't know for certain" items, in my opinion, are the type of things I would expect my CEO to keep under wraps. Especially at this stage of the "game." With this type of product.
This isn't a company entering a market with hundreds of other companies selling the same product. This is a company with a proprietary product with exclusive rights to sell that product. Think Jobs wasn't protective of the next I-Whatever product? Corporate Espionage is real! There are many, much bigger companies out there, who would love to get their hands on the information KBLB is protecting. You know, the ones many look up to for submitting bids to buyout KBLB. Imagine how unprofessional it would look for a company's market and trade secrets to be deciphered on an IHUB Message Board. Think that wouldn't impact our share price?
The product we are backing with our investment dollars, IMHO, requires deliberate obfuscation. Requires a CEO to be careful with our future dollars. If he was careless with the information many wish they knew, it would seriously cause me to question that CEO's executive leadership. Plus, I would venture to say, The Advisory Board is not silent in their advisement on many of these subjects.
Everybody wants to know the next step. To be the genius investor. To have their investment dollars instantly validated. Sometimes, it is best to step back and take in the Big Picture. Look at the totality of things. Look at where the company was and focus on where it is going. Take solace in the fact our CEO is methodically putting together a successful company. Having all the answers will come. Eventually, yes. Now, no. The time for all the answers isn't now. Unfortunately. Eventually all the questions posed now will be answered. Some I would suspect with a resounding, W-O-W! Others with a simple, Meh.
Mr. Thompson is a Certified Genius. He's playing Chess. Not Checkers. At this point in time, his moves MUST be more strategic and covert. We're not dealing with simple widgets here. It's Spider Silk, remember? The Goo companies are not KBLB. KBLB is KBLB. The closer we get to Q3/Q4 production, the farther we distance ourselves from the others. IMO, it's that exclusive company status Mr. Thompson is working so hard to protect every day. While moving us forward. It's not easy playing offense and defense at the same time. 24/7. But he has to do it.
Enjoy the ride! GO KBLB!!!
There is so much market potential for Spider Silk one has to think KBLB will be in a perpetual state of saying, "that product is on backorder" once they are officially open for business. They may have to open a Spider Silk Exchange to track this commodity like Gold and Silver!
I'm anxious to see how the product pipeline is regulated. How the customer pipeline is built. What SOP's will be in place? Will the company require Minimum Order Quantities (MOQ's)? Or just roll out to a select few customers to start, before mass selling?
I haven't been this excited or clueless at the same time since my child was born. But, definitely looking forward to future success.
Exciting times, for sure! Go KBLB!!!
Exactly! Give KBLB some of that cash infusion!
Same here, Banana! For me, though, it was the likes of Microsoft, Priceline, Amazon, Apple, and a few Real Estate investments which opportunity never coordinated with funding. NOT THIS TIME!!!
GO KBLB!!!
I'm in that same web with you, Z!
Enjoying the ride. I'm not big on roller coasters but am enjoying this one. Can't complain about how much the ride costs when you're making money off it, right?
I'm in for the long haul. Every dip and rise. Up, down, sideways, whichever way it wants to go.
There's an old adage I like to follow: Think Truth Regardless of Appearances. The appearance of KBLB is that it is "just a penny stock." The truth is...IT IS MORE THAN THAT!
IMHHO, those getting in now are getting in on a once-in-a-lifetime, ground floor opportunity which they will be richly rewarded for in due time.
So, yes, let's keep riding!!!
Exactly, Col!
It makes more and more sense when one considers the unlimited scalability and potential, for the methodical approach being witnessed. Rushing the "process" could lose all the progress made to this point.
IMO, KBLB is exactly where it needs to be and is about to explode onto the scene. What we've witnessed over the past month is a small-scale sample of what is to come. I'm sure it's hard for Mr. Thompson and Mr. Rice to contain themselves. Q3 is only 41 days away!!! This next almost month-and-a-half is going to get very interesting, IMHO!
GLTA!!!
Yet another use for Spider Silk:
https://www.insidescience.org/news/researchers-mimic-biology-make-better-buggy-microphone
Great OG! We can discuss my kickback later. Lol. Can't wait to see where this ride takes us. Go KBLB!!!
Right on, Hope! Go KBLB!!!
My pleasure, Z-man. Happy to contribute in whatever capacity I can. Looking forward to reaping the dividends along with my fellow KBLB'ers!
I admire the guy's intellect and inventiveness but be glad we have a frugal CEO with a degree in Applied Econ...
From the financial news today:
"Nonetheless, Tesla continues to burn through money at an alarming rate. So much so, in fact, that Tesla CEO Elon Musk recently sent an email (obtained via Electrek) wherein the Tesla CEO explained that the company — which has approximately $2.2 billion in cash on hand — may not have enough cash to last beyond a period of 10 months.
“This is a lot of money,” Musk said, “but actually only gives us about 10 months at the Q1 burn rate to achieve breakeven!”
Consequently, Musk explained that the company will be taking a much closer look at employee expenses as it pertains to “parts, salary, travel expenses, and rent.”
Musk conceded that the soon to be implemented cost-cutting measures are “hardcore,” adding that it’s the “only way for Tesla to become financially sustainable and succeed in our goal of helping make the world environmentally sustainable."
IMHO KBLB is being methodically maneuvered to avoid the above scenario at all costs! Have faith in the Genius!
I see things this way...
Mr. Thompson is CEO of Kraig Labs. But, first, he was a Genius. VP of some small company with a focus on Financials and, dare I say it, Marketing. Then whet his worth in the Investment world. Primarily focused on small caps (hmm, sounds familiar). To then become a Corporate Attorney specializing in IP and Distribution Rights. His undergrad degree is in Applied Economics. No doubt he is highly intellectual. He CHOSE the path he did for a reason. That reason led him to found Kraig Biocraft Laboratories.
I don't believe Mr. Thompson has an understanding of operations, though. Nor does he have the time to get up-to-speed on them. Hiring Mr. Rice was a smart move. He needed someone to focus on the Operations and the micro view of things while he focused on the macro. That was a major step forward for Kraig Labs. It got the company focused on getting out of the lab and into production. That doesn't happen overnight. With any product. Great strides have been made to get to the point the company's at now.
That was four years ago Mr. Thompson made that move to bring on his "production guy." Mr. Rice has accomplished much in those four years. Including guiding Kraig from a domestic company to an international one. On the brink of supplying the "holy grail" of textiles to the World! Not an easy task as all have witnessed.
As we all know, Spider Silk has been "on the radar" for millenia without a viable way to mass produce for various reasons. Mr. Thompson saw an opportunity. To me he took the wisest route towards mass production. Of course, it took testing, testing, and more testing. But, IMHO, he wouldn't have hired Mr. Rice four years ago if he wasn't comfortable with the viability of his product. He wouldn’t have pushed to show the Army what we had. He wouldn’t have expanded operations abroad. Et. Al. His vision is being revealed to us and realized before our eyes.
Now, there's no doubt in my mind Mr. Thompson knows Kraig Labs needs to be able to mass produce. The sustainability of his dream and company relies on it. He is acting deliberate. I truly believe in the end, when we are all fat and happy rolling in our dough, there will be a collective “Ah-ha” expelled as the “plan to’s” are finally revealed as solidified reality.
Let’s be real, Mr. Thompson isn’t starting a local lawncare company. Throwing products on Amazon or Ebay. Building an app. Instead, he is taking a product from scratch and building a company out of it. Not some local company but a multinational company. Not just any product, either. We are talking SPIDER SILK! A product needing to be genetically modified then tested ad nauseum to find out if it is scalable. Then tested to ensure it can meet the rigors of the next step…Mass Production. Then, tested for actually being in a position to produce with regularity without a hitch. Because, at the level this company wants to be at, contingencies for the contingencies need to be developed. Potential setbacks need to be planned for with solutions already locked and loaded. SOP’s need to be in place when production starts. THAT ALL TAKES TIME! A lot of time!
As I see it, the foundation is in place. This goes beyond providing samples or shoot packs. This is all about having the product ready to fully go in whatever capacity is desired. And being able to pivot as needed without losing the company and everything built on up to this point. That takes a frugal, methodical approach. We investors are antsy to make our money, now. After all, it will validate our investment.
I have helped three private companies succeed while serving in the same capacity as Mr. Rice. One on an international level, one nationally, and one regionally. The international company was looking to expand its product line from a small engineering company to jumping into the cell tower arena during the big cell tower buildout back in the early 2000’s. The national one started out with an idea and one client in one state which I promptly took to 20 clients in 5 states within two months. The regional company needed a seamless transition in ownership after a buyout, and I provided the guidance to not only protect profits but increase them within the first year. Those all were easy compared to trying to build my own products from scratch and bring them to market. That unique perspective, I believe, helps me to help “read the tea leaves” in the case of KBLB.
Based on those tea leaves I say…
Mr. Thompson would have never had the need to hire Mr. Rice if the product wasn’t ready to come out of the lab. Kraig would have never gone into Vietnam if the product wasn’t ready to scale up. They would not have leased the 50,000 sf facility if they were not ready to take the next step for mass production. And, lastly, the PR today would not have stated a definitive timeline if the company wasn’t ready to fulfill.
All IMHO! Go KBLB!!!
A company timeline from a company representative about production and "deliverables" in the same PR? Took me a while to respond after fainting!!! This equates to....MONEY IN THE BANK!!!
Way to stay strong and long all Kongs and Longs!!! Enjoy the ride...
Time to cue the Rocky theme yet?