Tuesday, May 07, 2013 10:36:24 AM
I don't think that today's PR qualifies as 'news'; it's a sign of life.
But it's more than that.
KBLB could have sold out long before this but didn't. I think that the sentence in the PR about potential customers being patient with the limited lab production is an important indictor that KBLB is not going to be content with being simply a development lab.
Kim has always said that he's got one chance to get this thing right and I think that it's less a matter of customers being patient with lab production than it is waiting for KBLB to come up with a business plan. Kim is being far more patient than his potential customers.
This is a new technology and this requires an innovative business plan. Think about all the false starts and confused business models at the start of the digital revolution. I'll bet Kim does.
Putting a timeline on commercialization is something Kim would not do unless there is a good chance of making that happen. Taking time to put this very complicated business together might insure that when it does happen, Kim won't end up like the guy who sold DOS to Microsoft.
Recent KBLB News
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 08/16/2024 09:00:29 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2024 08:30:52 PM
- 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
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