Tuesday, May 23, 2017 12:54:46 AM
I think the realists view would include the word "today" at the end of that sentence. It is not a huge leap to say they will find that the existing reeler made adjustments or that they have someone that is able to reel with less waste. But wow indeed. Had we had cocoons produced ahead of time, or had they sent quadruple the amount they thought they would need, or you fill in any additional variables you can think of..... I think it can realistically be said it can happen a second time around. The penalty is the disappointment you feel in not making the goal the first time, and additional dilution for the delay. There were no contractual penalties. Not getting money in hand is not a penalty. If this fails there will be no limits on where we can produce DS. Accepting this contract may force KBLB to produce in the US. I see forced US production as a limitation. I will wait to see how it plays out.
It is almost like some think I do not feel the pain of the recent miss. I do. I simply know the game is not over and it won't be over if they miss the second time either. If I can play the part of the apologist again, it was not a total failure. It depends on what you want to dwell on. You can look at pics of thread and say this is certainly doable.... or you can keep looking at past failures. This should not be interpreted that I do not think there are lessons to be learned. " I will point out that this "apologist" was the first to ask if there were other partners that might need to have cocoons in their hands. But people will focus where they focus. I am moving on, realizing that advice to prepare oneself for failures on roads untraveled, could very well be ignored. I am not a know it all and I don't think anyone is....so I understand when met with the short term failures of others.
Yes I hear you.
If you had given me a detailed prediction, or expressed reservations ahead of time, it would be much more acceptable. Now it is finger pointing. Hopefully this is understandable and reasonable.
Recent KBLB News
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 08/16/2024 09:00:29 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2024 08:30:52 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 06/10/2024 08:30:30 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 06/04/2024 04:15:03 AM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 11/22/2023 09:31:54 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 11/16/2023 09:30:34 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2023 09:43:51 PM
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