Denouement
Yeah, it's a french word. Get over it or go enjoy your freedom fries.
Definition - the end of a story, in which everything is explained, or the end result of a situation; the outcome of a complex sequence of events.
After all the yelling and screaming, the fact remains, Kraig Biocraft is moving to the Nasdaq. It is the right thing to do at the right time for all the right reasons. Kim has spoken of this for years. Forget all the noise. We will be welcomed with open arms by the entire investment community, whether for pensions and 401ks or for high net worth clients. They will snap up any and all shares like a hungry wolf on lamb chops. On the OTC, they couldn't touch us. On the Nasdaq, they will embrace us.
The whole point of becoming listed on the Nasdaq Capital Market is TO BE on the Nasdaq CM. Institutional $$$ is more readily available and less opportunity for share price manipulation. This company has no chance of becoming the powerhouse Kim wants without this move. See post # 191888 (Arach), shareholder letter from the CEO. Read it, believe it. No desperation there. That is Determination.
Our CEO is meticulous to a fault. This move has been mapped out to the nth degree. All the i's have been dotted and t's crossed. Everything has been triple-checked. Same for Maxim. In the coming weeks (tomorrow?), I expect at least one pr announcing something significant on the production side. A delivery to Polartec? Another one announcing some kind of media exposure event(s). Whet the appetite for Nasdaq, so to speak.
Imagine if this process is mishandled and has to be postponed or scrapped. The eruption of vitriolic backlash would make Mt. Vesuvius look like a 4th of July sparkler. It would be a major setback for the company and would lose massive credibility with the shareholders and potential customers. The you-know-whos would have a field day, for months on end. The probabiliy of acceptance is 99.9999999999999999999999999999999999 %.
Kraig hasn't really focussed on publicity or done a 'road show'. They've done some but not really with the intention of moving to a national exchange. One idea (from me) has Jon Rice on Mad Money (w/ Jim Cramer) talking all things Kraig, spider silk, moving to Nasdaq, etc. Good nite shirt! Can you imagine? My head hurts just thinking about it.
Maxim, from their website, provides this kind of service.
* Broaden shareholder base – non-deal road shows, etc.
* Evaluating potential acquisition targets or merger partners
Still really like GTman comment on acquiring (buy, lease, or license) a silk producing facility in Vietnam. Kraig has spoken on many occasions about having a drop-in capability for another silk-producing country. Having another facility in VN would be fantastic. No hassle over politics in another country. Logistics will be simplified. We wouldn't need to locate another Ken Le (an unsung hero, imo) for liaison. I'm sure Kim has already put together a budget for the initial $11 million. Should the opportunity arise, arranging for another in-country facility would be money well spent.
For oh so many years, observers of the company have obsessively (by design or ignorance) focussed on the imperfection of the twigs in the forest. Doing so blocks your (or other potential individual investors) ability to appreciate the forest (big picture) Kraig Biocraft has grown up all around you. Marching in lockstep on the Mobius Strip of Minutiae gives the illusion of legitimate criticism. Really you are moving along the same path, going nowhere.
We, Kraig Biocraft, have an absolutely, positively, astoundingly good story to tell. For nearly 14 yrs, we have been laboring away. People in the business have known about us since we had the first version of Monster silk tested in S. Korea. The results stunned the technicians. Now we have, thanks to Dr. Trevor Kane, KOKI technology. Kraig, you've come a long way, baby!
Over the years this company has dramatically risen from humble beginnings. The progression begins with the very first meeting between CEO Thompson and Dr. Malcolm Fraser at Notre Dame and culminates with KOKI and onto the Nasdaq. Watching this develop and grow has been a privilege. Our diplomas from this 'education' on the OTC are the Vietnam agreement, all the missteps (from which we recovered, adjusted, learned & grew, as a result), all the patents, and the (nearly) pure spider silk long sought by Kim & Co. We are on the verge of our well-earned graduation, Summa Cum Laude.
This company is as trustworthy and solid as anything found on the larger markets. I have nothing but admiration with the management, the validity or utility of the technology, or the uplisting. Nasdaq is where the party really starts.
Phoenix Fiber - my suggestion for the next generation product.
Stay positive - Rise above the noise - Educate yourself
all the best, WBeacham
To find out who your rulers are, simply find out who you can not criticize in public
