"If Kim buys an empty shack it is an asset. It could only be a shack worth $50 but it is a 50 dollar asset"
lol...no..it would be worth nothing..yes it would go in the asset column...but whether kblb pays 50 bucks or 500k dollars, the reality is the shack is worth nothing...but yes it would be put in the asset column..lol...
"Since you seem to be sticking me with my 1 million dollar price tag quote which was obviously used only as a reference number. I would like to have you explain or show me how an asset turns into a bird"
yea uh huh...moving on then....
"If Kim Spent more on a business then it was worth he would not be a CEO. CEOs dont survive very long by paying too much for things"
most ceo's have someone who can fire them...kim doesnt..kim can do whatever he wants and there is nothing you or anyone can do about it..kim wouldnt be ceo very long if he pays too much for a business?..he would not only still be ceo he will still be the chairman of the board and the whole board itself...he would still be the cfo, coo and president for life...lol...
"He is looking to increase his share value"
no, actually i believe he is looking to create a profitable business which would increase the share value...(yes i know you think its the same thing but it isnt)..
"(only his shares, not ours cause we know he doesn't care about us. Our gain is just collateral damage)"
if the pps dropped by half and kim so desired, he could simply issues himself 330 million more shares..just like that...thats why hes not worried about the shares...thats why none of the pinkie ceo's worry about their shares...if he wanted to he could up his salary to a million per year and get a million in back pay...he can do whatever he wants...not saying he will...but he can....so when you hear someone say the ceo is not concerened about the pps, that would be why...and its a valid point given kims position as ceo of kblb, its only employee and having no oversight whatsoever..i cant believe its actually necessary for me to explain the obvious...
"Since that is the case the company he would buy would have an income(which is an asset)"
once again, no it would not have an income...the business would presumably be a worm silk producer...kblb isnt in the business of producing worm silk...they would buy the business and stop all production of worm silk..thus ending any income that the company would have been making..(again, extremely obvious)...it wont be until kblb is able to start producing and selling some form of spider silk that any income will be realized...
"As long as the assets are greater then the liabilities). Kim is doing just fine"
well then you are in for a shock...besides which you are thinking about assets and liabilities all wrong anyway when it comes to kblb and most other pink sheet companies..
"No Mojo. You have things quite confused. Pure spidersilk is only a product. Like any other business the product just sits there. The Business plan is what makes you rich. Following a profitable business plan is the ONLY thing that can make a company rich"
well actually pure spidersilk is not a product..it doesnt even exist...and im confused?..lol....the business plan thing is fairly accurate...unfortunately that has nothing to do with what you said about google...
ok....im not even going to go into the chia pet or disposable diaper references...that is just ridiculous...stick to kblb...they dont make chia pets or disposable diapers...
"Also as a reminder the market says 2% of pinks succeed"
yea..really great odds huh?..
"they have the financing they need to continue forward without the debt of overpaid employees and CEOs"
why would employees have to be overpaid?..why couldnt they just be appropriately paid?..is that so hard to do?..lol
yes of course...the companies that make it obviously had some things going for them...but the most important thing is NOT vision or reputable people or institutions...it is having a product that you can mass produce and sell profitably...in kblb's case, wholesale...meaning of course that someone wants to buy it and they feel that they can in turn sell it profitably to retail customers...
people harp on the credibility of others supposedly backing kblb...so far that has meant about 9 cents a share...and if kblb doesnt produce something to sell, it will be worthless..
