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Re: bananarama post# 102090

Friday, 01/15/2016 2:51:48 PM

Friday, January 15, 2016 2:51:48 PM

Post# of 294022
Interesting, does that really make much sense though? Why are we paying two people to sit in VN if all we're waiting on is red tape? Seems like an unnecessary expenditure if they're being forthright about where we are in the process.

If the light's red, more horsepower won't get your car to the finish line any faster. So why are they there? What 'help' does our piece of paper need if we're just waiting?

Again, I'm only saying that if you look at these things objectively, something is just not adding up. The most likely reason, in my opinion, is that Kim has 100% no idea how long this process will take, nor has he at any time in the past. He, like many on this board, apparently uses a dartboard when it comes to estimating numbers and dates. Is he going to issue a mea culpa in the SS Newsletter? Of course not, but we're owed one after how incredibly wrong his timelines have been.

Everyone should use all the available DD when investing, and part of that is official PRs from the company. I believe that if you compiled and summarized all the PRs with dates, combined with the language used during the CC, that Kim has been in the best case incredibly naive, and in the worst case quite disingenuous. While the truth is likely somewhere in the middle, this process is beginning to stink like some other promises that have been made in the past.

I think VN will happen. I think KBLB will be profitable. I think Kim has no idea when that will happen, and he tells us soon because he hopes it's soon, not based on any info (obviously, or he'd have been right once).
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