well I told you the other day kim was sounding a bit perturbed at shareholders..aint no doubt now..
"For these reasons we view our discussions with officials in silk producing countries, including those in Vietnam, as being critical for our commercialization efforts."
just in case you weren't aware, kim is letting you know that he is in fact negotiating with countries other than Vietnam..
"In parallel with working to secure our ERC, or equivalent authorization"
he mentions the erc (or equivalent) more than once..its a hint..
"we are working with provincial officials and our consultants in Vietnam to identify local staff and facilities."
first I heard kim talk about bodies instead of just facilities and locations..he is conveying the idea that it is simply a matter of when..not if..and it aint far away..
"Recent questions surrounding news stories, translated from the original Vietnamese sources, highlight the challenges of working across languages and with large government agencies. Different offices within the bureaucracy have different priorities and this leads to the contentious nature of some of these meetings."
translation....Vietnam is filled with smoke and mirrors..fabulous d/d will reveal them..the problem is, you don't know what smoke and what reflections to ignore..
imo, this is true..we don't know the players or their agendas..but we do know there is fairly substantial opposition..if something appears in a Vietnamese article, do we know how to gauge its veracity?..again..we are talking about a third world communist country where corruption is still the norm..
not saying anything should be ignored...but neither should we swallow it hook line and sinker..
"We believe that we are on track for international production and that the process in Vietnam in particular is coming to ahead."
again..kim letting you know he is actively engaged in getting kblb into other countries as well as Vietnam..though hes not as far along in the others as he is in Vietnam..
"In the fourth quarter, we opened a new production and research headquarters in Michigan, more than tripling our floor plan and capacity."
the fiber we sent to warwick to make the shoot packs was produced in the Indiana facility..some have said that would have required approx. 40 lbs..
the Michigan facility has a capacity 3 times that of Indiana..and I don't know if Indiana was at full capacity but I will assume it was..
"Most of them have never received calls and emails of this nature before."
hmmm..they haven't been pestered before..but now they are...so some investors out there know something..they know who is involved..and the volume is rising.....coincidence?..
thanks for reading my ramblings..
signed timothy sykes...shorter extraordinaire..
lol
