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Last time I checked KBLB has never produced anything of fashion. Maybe the Kevlar market would be a better indicator of market potential.
“The global kevlar fiber market revenue was around US$ 450.2 million in 2021 and is estimated to reach US$ 654.5 million by 2031, growing at a compound annual growth rate (CAGR) of 3.9% during the forecast period from 2022 to 2031.”
I’m not seeing any B’s in those numbers.
“the spydasilk can be stretched a lot further.”
Who needs a stretchy hoody? It’s like the most baggy piece of clothing ever invented.
“Your wondering if being able to promote an article of clothing that includes spider silk will have a higher retail price point than a standard cotton hoodie? That is the vexing question of the day?”
I know the English language is hard for some people. Try reading the post you responded to again.
"Have you followed along on any of the handful of garments released by others claiming to have anything remotely related to some percentage of spider silk properties and the retail prices asked for said items?"
And how many of those garments were sold at that price? Enough to justify a $10 billion valuation? $93 billion?
“lol good comeback Missy.”
You still haven’t come out of the closet?
“It’s NOT okay to fake knowledge when you’re clueless.”
You keep trying though, don’t you?
“Oh wait, it might not be relevant at all what the profit off mundane silk is for the country of Vietnam, at least as it pertains to KBLB.
Huh.”
Yeah? What’s worth more? A 100% pure mundane silk dress or a hoodie made of 10% SpydaSilk and the rest is cotton? Do you even have any idea how much Pima cotton is produced annually? What makes you think that Spidersilk adds any value to an article of clothing? What desirable properties does it add that would make it so valuable? Come on man, I’m waiting for the answers.
“Great logic. All without having a clue of any of the costs.”
Did you even bother to read the article? What a moron.
Here’s some interesting reading and some numbers to crunch for those spouting the ridiculous buyout valuations for this company.
https://ap.fftc.org.tw/article/2981
Pretty easy to calculate how much profit potential there is for the entire country of Vietnam’s production of mundane silk. Most of that profit would be going to the contractors and factories that KBLB would be using if everything was converted to spidersilk. How do you see KBLB making that much profit after paying all expenses to justify your valuations? Both spidersilk and mundane silk use the same resources, and I don’t see mundane silk production going away, so how much do you think spidersilk production will offset mundane silk production in Vietnam?
“ Some have been waiting for many years now and still no gains.”
Those that have been here many years have seen sizable gains even at today’s stock price with several chances to make even more profit. It’s only those that bought at the peaks in the last couple years or very recently that may not have seen any gains to profit on. A little news is all it would take.
“Should just let the whine line run unchallenged?”
If all you have to challenge them with is insulting them then you’re just proving their point that the stock is a piece of crap. Do you think that some new investor is going to buy this stock because you think that I’m an idiot?
“Folks laughed at me when I gave BO prices in the past”
They’re still laughing. Just look at today’s share price reaction to the PR. I’d say it’s more like ROFL.
“So what becomes of GSS?…”
I thought you knew what the big picture was. It’s pretty obvious.
“Being wrong is hard”
What is he wrong about? You evidently can’t say anything positive about the company yourself so instead you resort to insulting posters who want the company to actually produce results. You do more bitchin’ than anybody else yet act like you’re above all that. Give it a break.
Here’s a thought. If you’re so tired of listening to the people bitching and moaning about the piece of crap stock you own why don’t you sell and go buy a stock where nobody bitches and moans about it on a message board? Glad I could solve your problem.
“and I seriously doubt he was hoping to be able to pay more for the options than the shares themselves cost… “
I guess you really missed the sarcasm in that post. Who looks stupid now?
Should be an attachment link with the 8k announcing the Notes or attached to the 10k. I didn’t find when the warrants expired in the attachment, but it was like 150 pages long and I could have fell asleep while scanning through the document. The previous warrants expired in daily trances over a 3 month period after expiration of the notes. That is evidently how they are commonly done. I don’t know how this applies if the Notes are converted early though.
You’re the idiot that said this would hit $.20 by the end of March. And any idiot that has traded options would know that options don’t trade on less than $.05 intervals. It’s cheaper to buy the shares dumbass.
“Oh how I wish we could trade options on KBLB right now.”
Ok, put your money where your mouth is. I’ll sell you all the options you want. How about the option to buy a couple million shares at a strike price of $.10 with a March 31 expiration. $.05 a share should be a fair price for that option. Let me know. smh
1997. Don’t currently own shares. Got the last of my shares called out on the recent run up. May play some options if these Notes play out like I think they will.
Also, I doubt the investment banks are going to ask questions about this because they are making a killing doing this.
IR wouldn’t have a clue how to answer the questions and I doubt the CFO would want to explain why he’s making these lousy deals. Would probably lose his job. There’s nothing confidential involved here. You can read the entire agreement in the filed SEC documents. If they needed the cash for business purposes they could have just stop buying back shares. I just watched an hour long video on the subject where they stated the parties doing the hedging on these transactions short shares of the stock while the company buys back the shares to keep the stock price from going lower. So does that mean the company is helping the stock holders or the shorts?
“You aren't getting it. The spring trials aren't for mating BAM 1 and BAM 2. BAM 2 should be out in 3rd or 4th Q. “
I think you misunderstood him. BAM1 is a hybrid which would be produced by crossing two pure parent lines. Let’s call them Line A and Line B. Those two line’s populations will have to be increased before serious production can start by crossing B and A to produce BAM1. Doesn’t mean you can’t do a trial run in the meantime with BAM1, BCM1, ACM1 or any other combination they have come up with. Also, they may be just test running their pure lines, they don’t really say.
I don’t know how you can call his timeline too conservative when most everybody on this board was predicting production last Jan & Feb when I was predicting last June-July. His timeline sounds reasonable to me.
“Step 1 will be to generate homozygous silkworms of both hybrids. Thompson is hoping that will occur quickly.”
2 things:
1. They would be considered new pure lines not hybrids.
2. Is imminent sooner than soon?
“I haven't found anything in the company's 10-Q's or 8-K's that clearly explains the language of the warrants and who will control the execution of those warrants (please provide a link if I'm missing something here). And despite your best efforts, Jealmc, that question remains unanswered.”
You’re right. There is a problem with the warrants if they are not exercised at the same time as the calls. You can go back to 2016 and see what happened then when the warrants were exercised up to 3 months after the calls expired worthless. Some of the warrants ended up being in the money. It cost IDCC about 24,000 shares. When this type of transaction ( hedged notes with warrants) is set up, the warrants have to have a later expiration date to get certain tax advantages. It also sets IDCC up for more dilution (or less profit gained from CallSpread) because they don’t have control of when they are exercised. I wasn’t able to find the expiration date of the warrants either. That’s why I’ve said things could get interesting around here.
My previous post just simplified what would happen if everything was exercised at $125. I am not predicting that everything will get exercised at the same price. All that being said though, the stock price would have to be at $327 when the warrants are exercised for the warrant holders to be owed 4 million shares. They would only be owed 885,460 shares with a $125 stock price.
“whats the problem?...”
It’s like 70 miles away from the lab. Who drives 70 miles to go pick up their mail?
“.the idc will have to issue shares at 106+”
IDCC won’t get $106 in cash for the warrants. They will get $106 in stock back. The dilution will occur only for the amount that the stock price is above the warrant strike price. This will be offset somewhat by the calls IDCC owns, depending on when and at what price everything is exercised at.
I don’t know how that question shortchanged anything. I was asking why you believe (or are speculating) that somebody was going to end up with a bunch of shares. I’m expecting that this announcement means there will be downward pressure on the stock price for the rest of the quarter because whoever owns the notes and sold the calls would benefit from a lower stock price when the conversion happens. This would be to IDCC’s detriment, of course.
“What I'm interested in knowing is who is the client of Goldman Sachs that may end up with a large chunk of the company?”
How do you see this client getting that many shares? The notes are still being settled with cash.
“They get away with it because it’s the initial offering on a new exchange.”
They would have to do this offering before they would even be considered for a new exchange. I don’t see them meeting the qualifications without it any time soon. They still have a lot of hurdles to jump besides the offering. And yeah, I know, the ‘I believe in miracles’ crew on this board probably disagree with me on that.
You would think the author of this article with her credentials would know that a publicly traded company can’t do another IPO. That’s reserved for private companies. Looks like a poorly editor article to me. It’s a public offering, just not an initial public offering.