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Well apparently you sure care…
What a dumb post…I doubt you even believe half the BS you are forced to spew to earn that paycheck…
“Nope,has nothing to do with rearing of silkworms or egg production.
It was about the new facility and signing with larec while meating contractors.”
And yet, a week later they announced the production of 25 kilos…so clearly, it in fact DID have something to do with production since they DID produce…
“he says he wants current production to work together with the spring trials is how i read that...”
I agree…he does want CURRENT production to work together with spring trials…
Kim announced an “early start to the production season with the successful manufacture and delivery of the most recent batch of recombinant spider silk."
I think he meant exactly what he said…
“The only thing mentioned about production in Vietnam is the hank.”
But certainly Kim has made reference to production whether it is in vietnam or elsewhere…
“Ds is what bam produces.”
But there is a DISTINCT difference between the DS that BAM1 will produce and the old DS…
“They are waiting to find out what happens with the upcoming trials of BAM-1”
Why would they wait?…they made 25 kilos 3 months ago that was determined to be of great quality and confirmed the production process was good to go…
And then they just stopped to play checkers for 3 months while waiting for some trial of another worm?…because?????..
“and the facility for the upcoming trials are currently being renovated.”
Are they?…you sure it’s not done and just hasn’t yet been announced..you know, THE KBLB WAY?….
And what of GSS?….did you conveniently forget about them?…
Imo, they are and have been…
It was a prediction camouflaged as a question because you are too chickenshit to say it any other way…
from Dec 6:
"today announced that its senior management team is en route to Vietnam to prepare for the spring rearing season."
to me this implies the rearing of silkworms, not just egg production...
and then comes the announcement of the production of DS...
from Dec 14:
" today announces the early start to the production season with the successful manufacture and delivery of the most recent batch of recombinant spider silk."
"The purpose of the recently completed production batch was to test our production model. The purpose of the upcoming field trials is to gain data from hybrids which we have developed over the last 12 months. Having those two pieces working together is key to commercial scale production.” said CEO and Founder Kim Thompson."
he says he wants current production to work together with the spring trials is how i read that...
"We have heard of preparing facilities and not a smidgen of info that 1 could be producing currently."
so what is going on at GSS all this time?...they cant produce?...why not?...
"Geez,when was the last time they mentioned prodigy or gss actually doing anything."
by name?...been awhile...but they have mentioned all kinds of stuff about production, rearing etc going on...its must be happening somewhere...
"Probably after the prodigy recalibration they did a test to supply lam dong for the hank run."
Dr Kumar was at the Michigan lab doing his thing for a few months...couldnt they have supplied Lam Dong....and then maybe Prodigy ramped up DS to supply GSS...the Ds used for the 25 kilos was not the old DS, it was the new DS on steroids...
"We wouldn't be getting rehash prs and preparing to file documents if we had silk to report while waiting for trials."
that quote about ramping up DS was from Jan 22...just about 2 months ago...like you said, they had to build up the egg supply first...right?..
wouldnt we just be getting to the time frame for production news?...
"He always tells shareholders good progress."
its coming...probably will be a prelude to the launch of Spydasilk...kim is no longer putting out news haphazardly...the news is being desseminated in a planned manner...for utmost impact i would imagine...and from what i see, its working just fine...
"Of all the words that have pr'd over this time all we have is a few words in a paragraph that is obviously about ramping up production trials."
agreed.....bam1 AND ds...
"Dr. Nirmal Kumar will join senior management to oversee operations and kick off the 2024 production season.
The clearest statement on production so far."
hes there to assist and kick off the Bam1 trials...Bam1 will replace DS...but that doesnt mean we havent been producing DS in the meantime...if we produced 25 kilos in Dec, and the results were great, why would we have stopped there?...
"Was it in a commercial type environment?"
what is so terribly wrong with the idea that ds could be in production at GSS...what am i missing?...they exist...we have a contract with them...we own a piece of them...why would we not be using them?...
"today announces the early start to the production season" = DS
"Dr. Nirmal Kumar will join senior management to oversee operations and kick off the 2024 production season." = Bam1
Exxon had $55 billion in profits in 2022 and $36 billion in profits in 2023...
Exxon polluted the crap out of our environment but wont do anything about it unless the Fed Gov sends them welfare checks and food stamps?...
and until then they will just stop doing anything and hold their breath?...
that hag??
“Can you share where it did take place? Was it in a commercial type environment?”
The last time kim looked for a production facility, kim made a choice and had them produce a test run after which he announced signing GSS…
I’m guessing kim utilized a production facility in Lam Dong to produce those 25 kilos…that run served as an audition and when kim returns, he will announced he signed a new contractor to produce spider silk in Lam Dong….
It may also have been kblb’s audition to enter Lam Dong…
I just looked it over also...but i cant make head or tails of it...looks impressive though...i guess...
https://www.inserco.org/en/sites/default/files/CV_Dr.%20S.%20Nirmal%20Kumar.pdf
“ But yeah, we know, this time is different”
Every time someone mentions what is currently ongoing at Kblb you say this same thing…
It’s been about 25 times you have had to repeat this tired stupid line…
That means there is one hell of a lot going on…
Lmao
"When did 100kg become the benchmark."
months ago...i have mentioned that 100kg becnchmark a multitude of times....and i brought it up again yesterday and MFN agreed...
i used it in connection with my 1 buck a share by end of June...i said we didnt need tonnage to get to a buck...100kg would do it along with other big news and/or contracts with major players...
one buck aint gonna happen with promises of mass production...it has to be proven and current and ongoing...
"Gotta love the internet."
you cant suggest someone is making stuff up if you aint paying attention...
"We have one worth an average $10mil a year revenue."
i was refering to a major player...a company known worldwide...i wasnt refering to a polartec or kings group...
“ Which has been stated several times in the span of a decade.”
Mostly by you…until you were kicked to the curb…
“They have moved from Indiana to Michigan”
Yea from a small office / lab to a much bigger office / lab / production space…its called improving your situation…
“ then went to Quang Nam, and then moved to a new facility”
They originally wanted to get into Lam Dong…they were not allowed…they went to Quang Nam and refurbished a big warehouse into a facility to use for prodigy…their current location was actually built for sericulture use and was a much better location…
“ and now are moving to Lam Dong.”
DEAD WRONG…they are not “moving”…they have finally been allowed entry into Lam Dong and have a new facility there which will become a second wholly owned subsidiary of Kblb called Prodigy Silk…
You see the progression?…the improvement?….what’s so sinister about any of it?…
I’ll answer for you…NOT A DAMN THING
Oh come down off your cross you freakin drama queen…
SMGDH
"People will believe what they want"
they will also believe the truth...
you were kicked to the curb and now desperately want kim to fail...
what a waste...have you nothing better to do?...lol
"<< no one was ever "lied" to... >>
Of course they were. Many times over."
still no...
"FYI - I hope you realize that "expects" is a forward-looking statement according to KBLB's own PRs"
no one needs to confirm that "expects" is a forward looking statement...lol
just like no one needs to confirm that EXPECTS is a firmer opinion than "anticipates" or "plans to"...
and when it is used once and then is more recently confirmed, that also adds weight to the statement...
the key was producing 100 kilos and being able to have consistent production...
in none of those other scenarios you posted was that ever accomplished...we all already know that...
that has to happen first...
the point is this time, it appears far more likely to happen given all the improvements that have been made and all the people and entities who have climbed on board...and the 25 kilos is a big clue as well...
some big names will wait for more proof...but not all of them will....
all we need is one...
new location...new worms...new facility...new contractors...
gee...cant imagine why they are calling it a trial....
smh
truth was a cheerleader for kblb...YMIGH!...
then he got kicked to the curb by kim...
now hes a basher...
its really not that difficult...
"I am amazed at how someone can be lied to again and again and again over a decade, and yet still believe anything that they would say."
no one was ever "lied" to...
and the reason people are believing is because, SEEING is BELIEVING...the evidence is becoming overwhelming...
im amazed at how anyone can see what is right in front of them, choose to ignore it all, and continue to look at the past as a guide...
LMAO
"For example, this statement by KBLB says that the are "in the process" (which means that they aren't there yet) of "ramping up ....trials"."
so what?...whats your point?...heres the rest of that quote: " The move to ramp up production follows on the heels of the Company’s successful early production test announced in December."
RAMP UP PRODUCTION...they made 25 kilos in Dec and are ramping up for more...and another quote: "During the ramp-up phase, while production quantities are relatively limited, the Company is targeting end-product applications in fashion and performance apparel."
sounds good to me...
"And those trials won't be ready for a long while, since they are currently renovating the facility where they are supposed to take place.
heres a quote from kim on Feb 13: “Our team is now preparing for the spring production trials and the launch of our new BAM 1 hybrid. We expect to have this new facility online to support these exciting milestones and the commercialization of our cost-effective, eco-friendly spider silk.”
another quote from March 6: " Renovations of this facility are currently underway, and the Company expects it to be fully operational in time for the spring trials."
not in process but EXPECTS it to be ready for springs trials...he said it not once, but twice...the last very recently...
ill go with what kim SAYS rather than what some basher THINKS...
"The last time that they renovated one of their facilities, it took over a year to complete."
and away we go down memory lane to point to something years past trying to make it relevant today...despite having no idea what the facility looks like, or what renovations might be needed...
"Kings group didn't ask for just 100kg and then we will wait till you fill other orders.
They have a contract to be filled."
kings group doesnt have to wait...they can cancel the contract now....it will expire on Jan 2025 anyway...initially we were going to produce at prodigy and start with a ton every now and then...maybe 3 or 4 tons a year...the kings group sounded fine for that...i never liked the idea luxury street wear, but that is what was decided and i figured maybe its a better idea than i think it is...
but thats not where we are now...i think kim is looking at producing a whole hell of a lot more than 3-4 tons per year...and we will have much bigger companies wanting to sign up...and they wont need kblb to do any weaving or make the fabric, dye it or anything else...all we would have to do is send them the fiber, thread, yarn or whatever...
that is always how i pictured it...just keep it simple...make the yarn and sell it...forget about everything else...kblb can venture into other things once they are making many tons and much money...i highly doubt nike, addidas or UA will even WANT kblb to do anything more than ship them the fiber...
" People who were insisting yesterday KBLB was already in production aren’t eager to admit they were wrong."
lol
100% agree
Agreed…which is why I said we could be at a buck by the end of June…even without tonnage…I said 100 kilos would be enough…
Kblb will still take some time to get to tonnage…and take even more time to get to 20 tons…
Big companies will need a lot of tons…but they know the first one to sign will get the best deal and the first silk (besides Spydasilk that is)…
They also know that any other company wanting BAM1 will have to wait awhile…
The only other ones that kim might squeeze in are pharmaceuticals or medical…they won’t need as much….to start, anyway…
"Thanks for being a voice of reason (amongst all of the rah rah BS that is posted all of the time)."
what the hell do you care?...
beside which, i think you misunderstood him...
as you do most things...
" then you just seem crazy rather than stupid too."
LMAO!...aint that the truth...i cant tell you how many times i have averaged down, lowering my cost basis...i had no idea that it couldnt be done...but if so, then how did i do it??...lol
"Dr Kumar's resume doesn't include anything about transgenic / recombinant silkworms. So he is missing a HUGE piece of the puzzle in regards to KBLB."
you dont think he has seen the spider silk??...you dont think he has felt it?...you dont think he knows the properties it contains?...the strength?...the toughness?...the flexibility?..you dont think he can tell that its different and even FAR superior to mundane silk?...what kind of expert do you think he is?...lol
do you think Dr Kumar is walking around wearing oven gloves and is blindfolded?...smh
"As such, there is no way that he can know if what KBLB is trying is achievable."
it has ALREADY BEEN ACHIEVED!....what Dr Kumar is there to do is help mass produce it!...
"I was thinking the same thing as you, I assume Dr. Kumar has held the silk in his hands after 5 months."
apparently webstinker thinks that Dr Kumar who has 37 years of experience in sericulture is being duped...hes overhauling and over seeing the entire processes at kblb and now vietnam and apparently has no idea that kblb has nothing and is doing nothing at all...
and this is happening without Dr Kumar having any idea...
lmao
"Because that is how the world works. We use the past to try to predict the future."
in every one of your examples, they are all looking at the past and all the way to the present, looking for progression...movement forward...progress...what has brought them to where they are NOW...
the doctor doesnt look back 8 years to see how a persons health was and predict he will be dead in a year based on that...the employer doesnt look back 12 years and see that appilcant worked at starbucks and decide not to hire him for an executive position based on that...i dont decide whether or not to invest on a company by looking at what they were 10 years ago...i look to see what they have done since and where they are now...and that is EXACTLY what i have done with kblb...i wasnt invested for the first 10 years that i followed this company...i am now...
keep trying...you will never make sense of the stupid comments you have made...
"Dr Kumar is not an "insider". He is a sub-contractor. He therefore doesn't know "all of its workings"."
in order for kblb to be a scam, that would mean there is no hope or even real attempt to make spider silk....you are saying that Dr Kumar would have NO IDEA if that was the case???...THATS WHAT HES THERE DOING!...
"<< you are implicating Dr Kumar as an integral part of the misleading >>
First, I never said that."
that is in effect what you are doing...which is utterly stupid...
"But only a very small handful knew that they were scams."
correct...and Dr Kumar is ABSOLUTELY one of the people who would know...he is an EXPERT in all aspects in the field of sericulture, from the eggs to the worms to the production of the silk....you think he can work at kblb for 5 months going over everything they do and NOT KNOW kblb was a scam?...
SMGDH
"You are trying to imply that someone wouldn't work for KBLB if they were a scam (because it would ruin their reputation)."
investors dont know its a scam because they are not an insider...after working at kblb for 5 months, Dr Kumar WOULD KNOW if kblb was a scam...
you are still ridiculously throw stuff at the wall hoping it will stick...give it up...you are looking more foolish with every post you make trying to make sense out of a nonsensical post you made...
“The FTX scam had an all-star list of investors.”
Dr. Kumar has been involved with Kblb for 5 months…he has gone over the Michigan lab and initiated changes to many protocols and procedures that have improved the process at the lab…
He is by now, quite knowledgeable about Kblb and all of its workings as any insider could be…if Kblb is misleading investors, you are implicating Dr Kumar as an integral part of the misleading…yet you try to compare him to investors who have been duped…
You are all over the place…you keep trying to make Kblb out to be a scam but you can’t even get the players right or who is involved and who is being duped….you are using examples and scenarios that don’t apply or make sense…you are just throwing things against the wall haphazardly waiting to see what sticks…lol
I have lost any respect I may have had for your bashing skills…
“To say that this unknown old (almost 69 years old) guy from India has a "reputation" is ridiculous. Pretty much nobody on this board had ever heard of him.”
Another imbecilic statement…I’ve never heard of ANYONE who has been hired or spoken of by Kim…I didn’t know rice, either scientist, Bruce Le, or any of the people he tried to hire as BOD members….
To say that they were people without reputations because I did not know them is really just stupid…
The future is ahead of us, not behind us…you keep trying to see the future by looking backwards…that will NEVER work…
You keep going back 6,7,12 years into the past and trying to claim that is kblb’s future…
But many investors are ignoring your nonsense and are looking forward and can see something far different and far far better than what you are saying…
The reason is, it is much clearer and closer and they can no longer deny it is there…
“First, they need to finish renovating the facility.”
Why?…this is about production…you said they weren’t going to produce anything at the new facility…
But they have to finish the renovation before they can produce?…lol
You think Kim and the Indian consultant went over there to hammer and saw?…and it’s going to take a year?…
SMGDH
sounds good to me...im all for whatever works...
“In my past I was a project manager”
Neither Kim nor rice are project managers…they write the checks, allocate the funds and sign the contracts…
They are there to sign the contracts, approve or disapprove the contractors already chosen, hold the flowers and pose for the pictures….
Bruce le oversees things in Vietnam and has people in charge of day to day operations…the Indian contractors are there overseeing the launch of spring trials and making sure things go as planned…they will remain until it’s a smooth running operation and will then turn it over to the people in vietnam…
Kim and rice can’t show up twice a year and run the Vietnamese operation…and frankly, they have shown they do not have the expertise to do that….