Tuesday, June 26, 2012 2:23:41 AM
The scientists did what hey promised they would do. Create transgenics that had spider protein expressed in the silk.
Kim has been activated since June 2011 once a commercial strain was created to do his part of the job, which is get a partner. Instead, he has insisted on focusing on lab updates to drive the company.
Once he realizes he is not a scientist, and not a sales person, nor an IR person this company may grow some legs. Once he finally outsources to more talented and capable people, things will start moving at a more normal pace, until then we are a minnow trying to buddy up with blue fin tuna.
He is a wanna be scientist, not a true business man. That is why on the KBLB website he is wearing a lab coat (not his by the way, nor is the microscope, nor any of the materials in that lab. Its all ND's stuff).
You want proof that they are operating out of their own lab now, wait until they have updated pictures on the website. Unfortunately, I can only imagine that Kim will be in the pictures acting like he is doing the research, which is factually untrue. There are very talented researchers that work their buts off, that deserve more than they get. If you want to play dress up great, if you want to get partners, something must change.
As a result based on past timelines we wont see anything substantial in a year, at which point many will have cut their losses. As each month passes with no partner, more debt is accumulated and the likelihood of partners is reduced.
The ducks were not in a row and everything is being done reactively rather than proactively.
Its a shame because this really had some potential because the science is real.
This is all merely my opinion
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