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es1

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es1

Re: Cee-It post# 91935

Thursday, 05/21/2015 10:13:11 AM

Thursday, May 21, 2015 10:13:11 AM

Post# of 278879

If you bought because they were reporting doubling capacity in PR and you were, thereby, led to believe that would show in their accounting for the next period or a few periods later, and it did not show... then you decided there was not any inventory from production so you sold... and then later you saw there was unreported inventory... you have a Class Action lawsuit.



If you bought because they were reporting doubling capacity in PR and you were, assuming that would show in their accounting for the next period or a few periods later, and it did not show... then you assumed there was not any inventory from production so you sold...


Then you made a wrong assumption and should not have traded without your DD.

Your fault. Not Kims

You can not sue

but...
If you bought because they were reporting doubling capacity in PR and they did double capacity....

You cant sue

So now lets see what assumptions you have made in the statement and see who is the fault of your losses (If you actually had any)

Because in order to constantly have more and more worms you must have more and more feed going into the costs.


First you assume that the count of worms increases every time. The fact is if they want to produce a pound a day they need to hatch about 4000 worms a day. The amount of worms is set. When they decide to increase the supply of worms an increase in expenses would follow.
So ..

No increasing costs means nothing


The feed for the worms is a major line item of costs and it exceeds their reported costs if you assume they are producing substantial inventory.


The feed for a major amount of worms would be a major line item.
Before you can even begin to assume this you would need to define "substantial" and "major"
I know that Kim has a substantial amount of silk compared to Amsilk. But is that "substantial"?

It grossly exceeds their reported costs once you deduct from those reported costs all of the other identified line items (such as salaries and marketing and shares for professors, etc.).



It does?

How do you know what the costs are? Have you raised silkworms before?
Do you have ANY clue how much they are producing? If not how can you know what it would cost?
How much are the salaries and marketing?
What are the "costs" of issuing shares to professors?

But, you cannot produce silk from silkworms without feeding them and all of the other costs of caring for them. So, maybe now it looks like the synthetic approach to growing proteins that are the same as spider proteins has a huge potential advantage because of the lowered costs



You can not produce silk in a goo vat without feeding the microbes as well. You just think they put these cells in a vat and they produce goo for free?

A pound of silk will require well over a pound of food and it doesn't matter if you are getting silk from worms or microbes.

It takes money to make money right? that is ultimately what you are trying to say.

So the costs of food for microbes will be "substantially" more than silkworm food.
Why?
Because the silkworms do not live in their food. They live in a room that can be controlled. Microbes live in their food. Improperly mixed the food can kill on contact so there is a "major" cost involved in food preparation.

I can stretch a concept as well as you can. My statement is just as empty of fact as yours.

Fact is that the majority of the costs you are wanting to see is supplied by the university.

Labor, food, worms, trash clean up etc ALL supplied by the university in the course of their normal operations.

Or do you think that the students that are taught at the university are getting their education from Kim?

When you are working in a college the college supplies you with your work. Kim pays the college to do this.
So now since the silkworms are being used by the university don't you think the university would be keeping them alive?

the above example is not fact. It is only to show that there are lots of ways that the costs you expect are not where you expect them to be.

So while I love your assumptions I would like you to start proving your "facts" and not just claiming they are facts because you cant explain the alternatives.

Start with the "major costs" and "substantial silk"

Define those 2 things and we can begin again.





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