News Focus
News Focus
icon url

igotthemojo

09/08/14 11:45 AM

#80150 RE: bananarama #80147

"At the shareholder meeting, Kim said this would be a long process."

kim's ineptness and inability to accomplish anything is not cancelled out because a couple of years ago he told you it would be "a long process"...

besides there are plenty of other statements from kim indicating success was imminent...

which kim should be believed?
icon url

ImjinBridger

09/10/14 7:53 PM

#80348 RE: bananarama #80147

He also said we would be at metric ton production by mid-year, which apparently was an out an out lie unless we are there now.

When you consider this

"Kraig Labs recently doubled Monster Silk output and has reached full capacity at its production facility. It hopes to beef up infrastructure and further double production there by the end of this year"


If we are at full capacity now and if we are not at metric ton capacity then there never was anyway we could have got there by mid-year.

Now we're back to doubling production by the end of the year. Of course no one knows what is being doubled.

Also "The company soon will begin weaving trials to see how the yarn behaves on conventional weaving machinery"

If it can't be woven it will take a couple of years to get new machinery design, built and tuned in for production, and where will all that money come from?

So any new products will have to come form knits, Ok great but won't that greatly reduce the short term potential?

It may not sound like it but I actually still believe in this company. I am just sick to death of being led along with false promises. The only one who told the truth was CH when he said it would take years to develop MS.