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That would be the reason. How did I know you would be the one to figure that out? Doesn’t have anything to do with the gist of my previous post though about there being more cash (assets) out there than the poster was portraying.
“We also have the licensed facility in Lam Dong happening….. “
I guess that facility is rent free since there is no mention of it in the 10q?
Read the 10q.
“..the share price has nothing to do with the company’s progress or the lack thereof.
I can tell you Buffett never said that about any stock.”
Change the ‘or’ to ‘only’. Maybe it will make more sense to you.
“Yeah, I'm on that! Lol.”
You probably should be. Then you would see how a real CEO runs a company.
“Ok? Is there a debt-free company out there? Especially pre-revenue?”
Yes, zero revenue and on the NASDAQ also. I’ll let you do the DD to figure out who.
“Specifically, the reporting mechanism between the accounting department and the Board of Directors and the CEO was not effective, therefore resulting in the delay of recording and reporting.”
Now that one is funny. I guess he couldn’t find the time to schedule a meeting with himself. ROTFL
Several posters have tried to give you useful suggestions on here but you’re too childish to listen. In fact, you’re so childish you’ll keep replying thinking that if you’re the last to post you’ve won some argument. What an imbecile.
Still haven’t learned have you?
“It's sad you believe your little tactics of elementary school reverse psychology will somehow work with adults.”
Obviously it doesn’t work with children. :)
“Bet they are glad they renewed the contract last year.”
Is this more of your creative reading? There was no contract renewal. More of a parting ways (maybe temporary) than a contract renewal.
“So this is known yet you embrace the negativity and cheer it on.”
LOL. You are the biggest embracer of negativity this board has. Every time you insult a ‘negative’ poster just brings another negative post. You’re just too dumb to figure that out.
“Any speculation on Lightwave applying for funding via the U.S. CHIPS program?”
I ask Lebby about Chips funding after the share holder meeting had concluded. He didn’t seem interested in pursuing any funding from them. Didn’t think it suited LWLG and was meant for others.
Well at least I can read. That newsletter said nothing about GSS having climate control. They were shut down though. They also mentioned something about climate variances at GSS. smh
Robustness has been a problem for all silkworm breeders trying to grow silkworms where it is too hot. As far a I know GSS is in Ho Chi Minh where the problem is too much heat, not the cold season. This 2007article shows that India has been trying to address this issue by breeding Heat Shock Proteins into silkworms. You'd think that KBLB could just insert those genes in while they're putting their DS genes in but evidently nobody has figured out exactly which ones to insert yet.
So now they are just trying to breed heat tolerance into the worms. Seems like it would be a whole lot simpler just to install an air conditioner.
“and trying to falsify the company's facts that were pr'ed.”
The company does a pretty good job of that all on their own if one cared not to have such selective memory.
“it's not framed correctly as its basis can be easily proven wrong by reviewing past dialogue”
Well prove me wrong then. Kumbaya
The icing on the cake was the CEO selling millions of his own shares at the same time this dilution was going on. I’m sure that really helped the share price. smh
“Here is THE most important lines which bashers tend to overlook and "somehow" forget”
The ‘bashers’ haven’t overlooked anything. How is that statement any different than any other statement the company has made, like immunity worm testing, where nothing ever happens, with no follow up whatsoever? Believe me it won’t be forgotten by Webslinger a year from now when/if nothing comes out of this either.
Oh, that’s right, it will then be the ‘bashers’ fault when the price drops another 75% because the company hasn’t followed thru and they are reminding you of that also. smh
“You have something to prove KBLB doesn’t actually exist?”
So you have actually seen the production fairy? Do tell.
“And, just to be clear, you are concerned about the number of posters here who are quick to attack and denigrate, correct? “
Nope. I was just replying to one poster. I guess you missed the 24/7 remark. But if the shoe fits…….
I will treat others as they treat me, so if you want some respect you better show some yourself.
I’m not the one that spends 24/7 waiting for someone on a message board to say something that I disagree with so that I can denigrate them. Pretty sad existence you have there.
“Comparing KBLB to the Tooth Fairy and Santa Claus while choosing to remain invested is the bigger question for me.”
Just as I thought. You have nothing to prove it exists so just tell the teenager they’re f’ed up for not believing you. No wonder so many kids run away from home. Thanks for proving my point.
“and the fact that we are expecting news at any time”
I guess you must have missed it. No news is expected until at least the first quarter of next year, and that’s ardent supporters claiming this.
“Why is it okay to constantly post about past challenges and golden poop but anyone who looks FORWARD and sees potential just doesn’t get it?”
It has something to do with convincing your teenage children that Santa Claus, the tooth fairy, and the Easter bunny really do exist after they have seen you putting their gifts under the tree while eating the cookies and milk they left Santa, saw you putting that quarter under their pillow while taking the tooth they left for the tooth fairy, and watching you fill and hide their Easter baskets while claiming the Easter bunny did it. Good luck with that.
Just saying trust me ain’t going to cut it anymore. Show some concrete proof or GTFO.
So how long has it been since Dorn figured out how to make a yarn with DS? Have they even bothered to see if it works in a fabric yet?
Don’t know what cave you live in but the world wasn’t shut down for 2 years. Things have changed, but people adapted and the world moved on……..except KBLB.
“but im pretty sure bitchin and moaning aint the answer...”
That’s true. Funny thing is, half the b&m is coming from the rah rah crowd. They just don’t realize it.
I like what you did there. :)
“people posting positive things about a stock and company they are invested in and hope to succeed with is a bad thing?”
I don’t see anybody posting anything positive about the company that is real and actually provable. Only excuse after excuse like “Oh, it takes time to do that”. Bashing the bashers constantly isn’t providing anything useful to the discussion.
You truly are clueless, aren’t you?
Would be nice if all these posters calling Ben would ask about what the company is doing and where the January worms went to instead of about some poster on IHub. When I called him, several months ago, I would swear he was already on his third brownie of the day. Wasn’t making much sense.
I don’t know how anybody can think that if they couldn’t get some kind of production going with a single line or the first hybrid that somehow they are going to manage to make a double hybrid system work. That’s six lines of worms to juggle to get to your final production worms. I mean, if they were dumb enough to send the two lines of worms for the first hybrid to GSS, how do you expect them to coordinate six lines? I doubt GSS even has a setup for breeding moths. All KBLB needs GSS to do is grow out worms from eggs to the cocoon stage, no breeding involved.
So do you have a timeline or definition of this commercialization? When are you expecting this to happen? What do you define as Commercialization? What happened to the hybrid lines that were sent to Vietnam in January?
Makes sense to me from the sellers side, looks like a good deal. Don’t know what the buyer is thinking though. Is he thinking the price is going to go significantly below $6.00? It’s the only way I see him making anything on this.