"We have received strong indications of interest from potential customers and potential commercialization partners," said, CEO and founder, Kim Thompson. "Many of these companies have been very patient with the fact that our laboratory production has been limited and can not satisfy their demand for quantities of material sufficient to run test weaves and end product testing.
"Moving from our pilot production program to commercial production is a very big jump, but it is also a natural progression," continued Thompson. "We have been laying the groundwork for this expansion over the last twelve months. We are confident in the decision and we are hopeful that we can accomplish the launch during the third and fourth quarters. Our plan is to begin commercial production to meet customer needs, secure future orders and capture market share in the technical textiles market."
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Hello all investors and all the like.
I thought to myself,"how can I appeal to everyone at the same time;thus creating peace,love and harmony for one and all?"
Truth of the matter is that I can't;no matter how much i'd like to.
There are those who have been waiting a few years for commercialization to become a reality;forever loyal but over time becoming increasingly skeptical..........
I hear you.
There are also others who are newly invested,eagerly awaiting for specific news to be released and are disappointed when it isn't to their satisfaction.............
I hear you also.
Lastly,there are those who will never be satisfied;no matter how substantial the news is and will dissect any and everything from here to eternity...............
I've listened and it is duly noted.
What I see here is Kim appealing not only to the shareholders but also the companies that have expressed interest in Monster Silk.
You see,a lot happens behind the scenes that we will never be privy to;the hurdles that have to be cleared before true progression can take place.There are also setbacks to consider,as there are in every company from the startup to the majors.
There's a dilemma here.
Kim can't deliver what many want at this point in time.
There are companies releasing press pertaining to new fibers and the like and I am not here to judge or compare but say that Kim doesn't have to feed into this vortex of news.All he truly should be aware of is that they exist,which I believe he does.
Heavy is the head that wears the crown.....
Even Kim must realize that he can't satisfy everyone at the same time but one has to admit that he makes an attempt to do just this.
Kim is human though but I don't envision him being a simple 9-5,6,7,8 or 9 CEO.
He probably goes home(on the days he chooses to) and does all the things a normal individual with a family would;until all are sleeping.
I envision him with a lab in the basement,where he's probably spent many a night.....(i'm just painting a picture here)
The truth of the matter is we don't know how much Kim has sacrificed,to get to where we are now and the knowledge that he will have to make even more adjustments to his life in the near future has to be considered here.
If he needs the third or fourth quarter to satisfy demand,then so be it.
For some reason,I feel that this Thanksgiving will be happier and Christmas a tad merrier because we stayed the course.
I wish all of you the same success I wish for myself.
KBLB.....more than just a ticker symbol.
(One post allowed daily)
AI
