![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Wednesday, May 13, 2020 5:57:27 PM
Not to pour water on the parade of hope, but
1) There are no flights from Detroit to HCM until May 29.
2) Vietnam is currently not accepting foreigners into the country:
To staunch the spread of COVID-19, Vietnam will not be allowing entry or issuing visas to any foreign nationals, from March 22 until further notice, except for those travelling for official or diplomatic purposes, who must undergo medical checks and 14-day quarantine upon arrival in Vietnam. The ban also applies to those who currently hold visas or visa letters.
(https://vietnam.travel/things-to-do/information-travellers-novel-coronavirus-vietnam)
So if Jon has to take those personally with him to get them there, I don't see that happening any time soon. Perhaps that's the reason for the verbiage in the PR:
preparing to transfer production back to Prodigy Textiles, its Vietnamese subsidiary...The Company is now ready to transition the majority of its production back to Vietnam as soon as the silkworm rearing cycle allows.
I'd like to be wrong on this, but it very well could be that the reason of the uncertainty ("as soon as the silkworm rearing cycle allows") is really just a nice way of saying, "Until Jon is allowed to fly to Vietnam due to closed borders in Vietnam and our lovely governor lifts restrictions here at home."
Silkworm rearing cycle leaves it open to speculation, whereas closed borders in Vietnam is an anvil drop that will take the PPS down even further.
Recent KBLB News
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 06/10/2024 08:30:30 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 06/04/2024 04:15:03 AM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 11/22/2023 09:31:54 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 11/16/2023 09:30:34 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2023 09:43:51 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 09/11/2023 08:30:50 PM
- Form POS AM - Post-Effective amendments for registration statement • Edgar (US Regulatory) • 09/01/2023 08:30:52 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 08:35:05 PM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM