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Re: arachnodude post# 155752

Wednesday, 05/22/2019 7:21:31 AM

Wednesday, May 22, 2019 7:21:31 AM

Post# of 279375
l’m sorry that sounded a lot like “dear leader” propaganda of Mother Russia and China. CEO Kim Thompson “the genius” has been fumbling and bumbling around with his cocoons for almost two decades now; his missteps, deceptions, and misleading statements are well established. His newsletters were a constant embarrassment of grammatical and spelling errors. He has kept his loyal shareholders in the dark ,like mushrooms in feces , with almost complete silence from 2014 thru 2016 not because of some trade secrets but because he had tremendously failed to get into Vietnam and preferred to let his shareholders think he was storing metric tons for almost two years before finally acknowledging the obvious: he had failed. The failure is not what I have a problem with. It’s the intentional deception of shareholders by not updating them in a timely manner on material consequences. Im not buying the ‘he’s protecting company secretes ’ nonsense.

I still believe Kim is an incompetent buffoon. However , I don’t care at this point. I’m here to flip a dollar and kblb has been good to me in that sense. I also think one of the few wise things Kim did accomplish is hiring Ken Le. If shareholders are looking to worship and bow to someone, that’s the guy to do it to. Ken is really the one getting things done while Kim plays pretend scientist taking photo ops with a lab coat. Also Jon.

I’m convinced that kblb is headed to over a dollar in the near future (by 2020 imo if not by end of this year) thanks mostly to Jon and Ken’s hard work with Vietnam. I give Kim credit for hiring them. It would have happened years sooner had Kim not wasted all those years trying to go it alone with his oversized ego. The company is finally in Vietnam and I’ve become convinced that mass production is following in short order. The silk should sell itself if it’s half what Kim claims. Don’t fool yourself though. Kim has indeed deceived his shareholders repeatedly.
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