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Tuesday, May 19, 2020 9:27:19 AM
1. Kim told the world that he will seat the board in the next two months
2. Ben discussed with many, including myself, that the board won't be formally in place before the uplist in order to save money.
3. From 1 and 2 above, we will uplist in the next two months and the stock price will HAVE to be $4 minimum.
4. The 'new' first production batch will begin soon, but the timeline is murky because the eggs are not yet in Vietnam, and we don't know exactly when they will get there. I can't assume that the transport of eggs will go smoothly, and they hit the ground running without any issues. Add roughly two months, at least, from egg delivery to get finished silk?
It still seems to me that Kim is unsure when to expect the first batch to be delivered, but it seems like a huge stretch that this will happen in the next two months. So I don't see how the most likely timeline gives us an uplist AFTER the first production batch delivery. As such, he will be uplisting without product delivered and will have to RS, which could mean a wild ride, although ultimately I believe in KBLB's success.
Is there another plausible chain of events that could get us to $4 prior to product delivery and prior to uplist? Could some kind of merger or acquisition do it? I really want to believe we are going up and up from here, but I don't see the path or the timeline. Maybe some surprise is in store, or should we be prepared for wild swings and hang on?
Perhaps some of my assumptions are off, but this is my view as I've gained info over many months.
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
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