Sunday, March 31, 2019 2:40:19 PM
right now, logic tells me to concern myself with what kim stated in the sec filing instead of being distracted by random articles written by people I don't know and who may have no idea what they are talking about..
right now, kim was talking...and I am assuming he has some clue about what he is saying when it comes to kblb...
"The fact of $401k earned in 2018 is a good thing. It tells you that is the progress made."
no...on 1-8-18 that money was paid by the army to kblb for the expected delivery of 100 kilos of ds2.0....i have no idea if that money was ever EARNED...it tells me that the army held up its end of the bargain...
has kblb held up its end?...
"What the revenue tells you is that they were about 1/2 way to fulfilling the order at 12/31/18."
the money has told you all this??..the money has told you kblb is 1/2 way to something?...I don't think so...the money says nothing...kim needs to do the talking..
has kim made 100 kilos of ds2.0?...has he delivered even 1 kilo to the army?..where is he at in the contract?...other than needing a bunch more time?..
"Also, the revenue tells you that they intend to complete and deliver the whole project"
seriously?...you hear the money telling you all this?...lol
"Further, if the whole thing was scrapped, we would have heard about it."
in the 10k, you just heard kim tell you that he has not received any more money from the original contract...he has told you that he has not received an extension of time on the contract that he requested some time ago..he is trying to contact the contracts office to figure what he can do next...he is HOPING for a new contract...
stop trying to hear what the money is telling you and listen to what KIM is telling you...
"if we don’t get a PR(s) updating progress before the Q1 10-Q then look at the 10Q to see if there are revenues in Q1."
lol...you expect revenues from the army in q1???...seriously?...
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