" and unbridled optimism found on this board regarding KBLB’s inevitable success as a mass producer of spider-like silk"
i hardly think its "unbridled" optimism...for myself, im making a bet that kblb makes me money...dont know if we are talking about .20, .50 or dollars....we shall see...but im pretty sure i will make money here...it wont take but a few more cents for me to be in the money....its certainly a risk...but a risk worth taking imo...
people keep harping on kim...im not investing because of kim...im investing in the product and the company....which is bigger than kim...there was a time when kblb was a one man band...that is long past...and i have been invested for a couple of years now...not 10...im not one of the long suffering ones...
many harp on kim's past M.O.....i wasnt invested back then so i dont feel all emotional about it...i have my opinions about it and him...but its not an emotional thing...as, i believe, it is for many here....and thats a mistake...quite frankly i never have felt emotional about a stock...
everyone keeps saying theres no way to determine if kblb is a reasonable risk...i believe they are making a significant amount of product but want to do better and are moving forward with trying to make improvements...the kings group is on board...they dont strike me as a stupid company run by stupid people...there are a number of large investors who bought up a ton of kblb shares thru dilution on the say so of the hedge fund we borrowed money from...kblb still has enough millions of dollars money to get them to revenue generation..
there is the contactor who signed a 5 year deal with prodigy after doing a pillot production...the guy has been in business for 20 years...my thought is that he knows what he is doing...and he saw good reasons to sign the contract...
there is a private investor with 60 mil shares...and i guarantee you he knows much more than you or I...no wealthy investor buys that many shares of a penny stock without having a clue about what is going on...
some will want to bring up past scams of others to show how some investors got screwed...the difference is, i do not believe kblb is a scam....it MAY not work out....but it wont be because its a scam...
"The way it appears, Kim keeps the truth-seeking public at more than arms length by vaguely worded, non-comittal PRs that do nothing more than kick the can forward, explaining away and/or skirting production failures in order to allow the embers of hope to remain stoked and keep shareholders on the line."
and he is duping the kings group, many large professional investors, contractors, hedge funds, etc as well?....not to mention bruce le who is kblb's main guy in Vietnam who is making most of these things possible?...
kblb has always been a long shot...but the odds today are far better than they have ever been...
"apply here more than to any circumstance I can invent."
there is a lot of inventing going on for sure...
