Hi all. First time poster here. Long time investor since 2011. I have seen this board in the past but only started reading regularly since June. I was going to post a reply to someone more skeptical on here, ... not mojo. :) But, my message got wiped when I accidentally went back a page. Oh well.
Here is my take.
Kim is a genius. This is evident and self proclaimed on his bio. He could be the selfish maniacal type that is going to keep things going for his own self interest. He could be in a box as for funding. But, there are more than a few outs for that if we accept that he does have the goods as claimed or even if he doesn’t. Mass production and quality control issues still to come. All easily dealt with by a genius! Right? COO has relevant experience to addressing start up issues as well. Perhaps, Kim has realized his mistakes of speaking too soon. He seems not good with dealing with investors. I was on a conference call a long time back. He didn’t defend himself well but he did set out a track for success. And since then, the truth is he has fulfilled everything or is about to fulfill everything he set out to due even if was not on the time table of some here or even his own hopes. Bankruptcy isn’t a near possibility but dilution is if he has no other options for financing. Still, if it results in full scale production, it is worth it, The pps will go up if not initially. Perhaps, he hopes Army likes what they see and either extends contract or new contract with prepay or advance to initiate production. Wishful thinking maybe. Even if the Army only extends and adds $s. This will attract financing alternatives without dilution or perhaps less dilution than otherwise.
Good news will cause this stock to roar. See Army contract from nearly $.01 to $.10 in 2016. And good news earlier this year from $.03 to $.08.
The next big news either funding, contract, or mass production in Vietnam will send this skyward. mojo will get his $.10 and others here will get a lot more. For those with 1 million plus, I would encourage some selling above $.10. Don’t wait for the bigger move. If you can get to 3x, take a 1/3 off at least and let the rest ride. This stock can still lose more than half its value again from a top even after the big news comes. Of course, timing of selling is critical and should be gradual with high volume soaring. Easier on the way up than down.
I could say more (and did ugh) but will leve it at this for now. Happy investing and trading ahead to all KBLB lovers and skeptics here!
