Kraig Biocraft Laboratories Inc (KBLB)

[jazz710]

Kims mistake is exactly the same as yours.
He thought he could do it faster but found out by actually trying that it was much harder than it seems.

I respect your points, but I don't think you can have it both ways. Kim can't be a frugal genius, while also being a chronic, SP-damaging over-promiser.

Absolutely this could have been done faster, with the right kind of help. I'm not suggesting that Kim's problem is a lack of gumption. He was too greedy or proud or WHATEVER to partner up with the right people early on, and that's why we're only just now in the MUCH better place we are (relative to a few months ago, and certainly years).

It's just disingenuous to take the Panglossian approach when it comes to retrospectives on KBLB. Of course, if all the same pieces are in play, the game has the same outcome. But he had the option to upgrade his pieces many times and chose not to. That was his choice, we live with it as investors. The cost was time, but I don't believe that it will cost us ultimate success. This is my entire point. Kim's doing it Kim's way, and it's the only way we've got, but you'd be a damn fool to not realize AT LEAST in retrospect that there were steps that would have gone more smoothly with a better allocation of time and resources. Kim has admitted that himself.

On all of this, we can respectfully agree to disagree. I'm not trying to be combative, but it's crazy to look at the PRs of 2013, 2014, 2015, and 2016 and not realize that there was mismanagement and poor communication along the way, and that THAT'S why we're happy with our $0.085 versus driving our mid-priced luxury sedans around the Villages with sweet, sweet Bob.