<< So why are you here? Hoping to scare someone into selling at distressed prices so you can get in cheap and recoup your losses? Only reason that comes to mind. >>
I already answered your question in my previous response to you (in post #133029).
But for your convenience, I will include it here (again):
"I still follow the board hoping that things will change, since I love the idea behind the technology. If things do change for the positive, I might invest again. But at this point, the share price is going to continue dropping. The bottom line is that they have NO means of generating income. The only customer that they have had in 10 years is the Army and that was just a 9 month contract (which has now turned into about 1.5 years). And there is a good chance that might lose the Army as a customer (since they have missed the 1st delivery 2x)."
I'm not looking to "scare" anyone. I don't come up with crazy theories like many others here. And I always try to provide evidence (from past PRs, newsletters, etc). I just can't stand when people craft all of these "theories" and try to turn something that is obviously bad into something that is sugar-coated. Like saying that KBLB doesn't need to deliver the shootpacks. Or that Warwick Mills is still the weaver (even though the most recent newsletter stated otherwise). Or that they will be in Vietnam before the holiday (in less than a week). It is like stepping in poop and then saying "Wow, manure! Maybe I can use this for my garden!" LOL. For example, to say that the recent newsletter was good is ridiculous. There was NOTHING good in that newsletter. They still haven't delivered the sample shootpacks, they don't have new financing, they still haven't been allowed into Vietnam, ad infinitum. The newsletter was just fluff and contains forward-looking statements.
