Hi Es, here are my answers:
"As an example, one of the questions I have is what will the industry pay for a pound of MS."
You and I know that we will be able to infer this information from the financial statements, once sales are recorded.
"What exactly is it you expect to hear?"
You know the answer to that, FOLLOW UP...
" I did hear that you want to know what happened to the silk we have given to Warwick.
That information was given to us already. Below are 3 quotes from PRs. Yes, you have to be able to understand what you are told, remember it, and be able to apply it to the other PRs. But the story is there, and it is easy to find your answers."
The obvious was given to us, I can read just as well as you can, of course MS would be used to be incorporated to an existing material or weaved as a new material, that was said on many occasions! As a shareholder I need to know what material, for what company or entity and for what possible revenues for the Company...
Read JUST the bold and you will have the answer to "What happened to the silk we sent warwick?"
Quote:
"Warwick Mills is an innovator with a strong track record of developing and weaving advanced high strength textiles. So the delivery of this first small shipment of recombinant spider silk to them is a very exciting milestone in the commercialization of spider silk,"
Yeah, genes are modified for the eventual commercialisation, worms are breeded for the eventual commercialisation, cocoons are produced for the eventual commercialisation, shipment of MS is provided for the eventual commercialisation, do we have commercialisation, ie revenues? By the way we did pay $66K of rights if you look carefully in the Income Statement...
Quote:
"Warwick is looking forward to developing new textiles in cooperation with Kraig Biocraft Laboratories, and its Monster Silk™ technology. Spider silk fibers are a powerful new technological approach to potentially opening up new application and markets," stated Charles Howland, President of Warwick.
As I said, stating the obvious is not going to help the PPS and it does not provide information to the shareholders...
Quote:
program has successfully produced a sufficient quantity of Monster Silk™ cocoons to allow the Company to make the first Monster Silk™ textile prototypes.
What the heck is are MS textile prototypes, have you seen it? What will it be used for? Who will be using it? Will someone be paying for it? Sending out information that generates more question than answer is not a good information...
"So what is it you want to really know? Or are you actually asking "What happened to the prototypes???Do you feel that question should be answered yet?"
Yes and yes, FOLLOW UP, why would it tell us that it is doing a prototype if it wouldn't be able to provide us with results?
"Will that question be answered if Kim PRd a deal with UA?"
Not necessarely, if the link is not made with the prototypes results...
" If the UA rumor here is true would you want Kim to tell you so we can breech an agreement with our first client?"
A rumor is a rumor, unless it was an affirmation by an external official source (shareholders are not an official source), then I would expect the Company to react...
"Things happen as they happen. You may want your information, but there are reasons beyond your ability to know, that can effect what you are told. Investing in a company REQUIRES you to be able to put the pieces together and make your bet accordingly."
Things happen as the Company make it happen (I know it does not control everything). I don't want MY information, I want the Company to FOLLOW UP on its information, and want facts that will make a difference in MY decisions as a shareholder and an investor...
"If you believe or even think there is a chance something went wrong in any step taken you should have some sort of evidence to make you risk your money right?"
The lack of FOLLOW UP, lead me to believe that things are not going as expected...The only evidence of success to date is the creation of MS and its proven results, which was factually communicated via PRs, publications and endorsment by renoun entities...The PPS reacted very favorably to that!
"Saying "its taking too long" is just a guess based on desire.
If you are a kid in the back seat asking your dad "Are we there yet? How long is it going to take?"
It is not about MY desire, it is about the Companys' desire to talk about COMMERCIALISATION since three years! So yeah, are we there yet!
"If he answers...
"Its 643 miles, and we are averaging 40 mph with 45% of the drive at a top speed of 65mph"
He answered you."
He did not provide us such information, you and others provided part of the information, the Company provided us with information on eggs and cocoons after shareholders had found the info, and eggs and cocoons are only one part of the milestones for COMMERCIALISATION, so if I only know that I'm moving at 40 mph an hour for one part of the trip but I don't know what (or where) is my destination and what is my remaining speed then I'm in no position to make a calculation, so I will likely continue to ask, are we there yet?
"But you are REQUIRED to do a little work to get your answer.
I have done a lot of that work here in the last 5 years ... What is it you really want to know specifically?... that CAN be answered?"
Yes you, as many others, have done a lot of work (and I have provided some relevant information at times, I hope) and I'm very grateful for that but we are all still in the unkown on some key information...
AI
