i was actually contemplating the idea of purchasing some shares to hold for a while...but after this crap pr, i can see that kim is back to his "ramping up" bs...no thanks...ill wait..
"announced that it has reached peak planned capacity at its new Indiana production facility ahead of schedule."
without any further info, this is utterly meaningless...and coming from mr. ramp up himself, it actually stinks...i can't believe this clown of a ceo would go back to putting out this kind of crap again...
"To support the rapid increase in throughput, the Company has hired and is training additional full time workers."
an increase from one to two?...
"The Company expects to maintain this level of silk production through the fourth quarter of 2016. "
what level is that?...does this mean increases will continue or that it won't?...
"The Company has started reviewing plans for possible capacity expansion in light of the successful factory launch and demand from industry. "
you are at peak capacity now and are hiring and training additional workers...but you are only planning for possible capacity expansion??...
"In this short period of time our team has already identified and implemented a number of process and equipment efficiency improvements, which further reinforce our position as the industry leader in spider silk technologies.” "
making some unidentified improvements in your worm farm hardly translates into reinforcing any perceived dominance in an industry...
"The Company is now conducting a complete assessment of the production facility’s throughput to prepare for the delivery of Dragon SilkTM to industry customers following the Company’s completion of the first phase of its US Army contract."
thinking about making more silk for samples?....thanks for that breaking news...lol
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