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bananarama

09/23/16 11:30 PM

#112901 RE: jazz710 #112900

I seriously doubt Kim is going to sell the company for less than $5.00, Jazz. That is just my opinion, but Kim has not devoted ten years of his life working as hard as he has to develop this company only to sell it for two or three dollars.

He will grow the company enough to secure a much higher PPS than anyone realizes, IMHO. Even if that takes another 18-24 months, I am willing to wait. Of course, please do not misunderstand me, I would be elated with $5.00 a share, even though in 18-24 months, I think he could get $10.00.

Again, this will take time to develop for prices above $5.00. JMHO.

es1

09/24/16 12:32 AM

#112905 RE: jazz710 #112900

The $5 is not a WAG. It isn't a guess at all I am not talking estimations I am talking goals.

Kims goal is to become a legit company. We are investing in that goal. The random PPS day in and day out is at the whims of the market.
If anything I am showing why Bobs goal of $5 will never happen under the current share structure.

But my point is that we CAN decide what amount of silk we need if we have a goal in mind.
Using that $5 as a goal and assuming we diluted to 1b shares by that time we would have a $5b market cap.
We would need revs of $500M (just using the numbers from another 5B company with a $5 pps.)

$500M...

Even at $1,000,000 a ton we would need the entire country of Viet Nam to produce that kind of income.

We will some day get to $5 after splitting etc but that is not the point.

(forward looking) If we have 1B shares what PPS are we as shareholders satisfied with the companys progress?
If you say $1 then we need 100M in revs.
If you say $5 then we need $500M in revs


Whatever the revs are to get to that point needs to be divided by $150,000.(Kims price for the silk)
That will tell you how many tons we need

THIS IS JUST TO USE AS REFERENCE FOR PERSPECTIVE

I think if Kim can get an income around $10M-20M (a stable .10-.20 PPS) in the next 2-3 years he is doing amazing.

That is about 60-130 tons a year as a goal (using Kims pricing)

Now if we need a country willing to let us use 33% of their industry we need a country that can produce at a minimum 200-500 tons a year.

That is why we are using Viet Nam.

Their production varies around 300-500 tons

They have enough infrastructure already set up.

There is room to expand without added red tape

The wages can support the needed labor

the resources (trees/reelers/experience)are already there and in operation.

I believe that Kim went through a lot of DD to narrow his list down.

IMO If Viet Nam ever decides to get moving within 5 years there wont be a mundane silkworm left in the country.

Thailand will be the next location with India becoming a major producer sometime after 2020.
There may be other places (including domestic)that we place operations that produce smaller amounts of specialty fibers but that is way in the future.

And I am still a firm believer that Kim will at some point license out his worms and collect royalties.