“We all complain about the time Kim is taking, yet after all this time with all their money they still can't make a jacket. ”
it was well known that the synthetic silk makers were going to have a number of major hurdles to overcome...it was already known that their method would cost hundreds of millions of dollars...many of the board experts thought it was going to take them a minimum of 20 yrs to overcome the hurdles...or they would never be able to...
kim had only one known major hurdle and he overcame it in 2010 when he created MS...by 2011 we we told mass production was weeks away...and that’s how it’s been ever since..we are in 2018 and mass production is weeks away..
this was supposed to be simple..find a place to mass produce and get to it...and the truth is, it shouldn’t have been that hard...i knew in 2011 that it was going to take a lot more time than many thought...
but DAMN, it’s been a lot longer than even i thought!...and i’m afraid it’s mostly due to the incompetence of the ceo...
i understand when their are major hurdles to overcome and hundreds of millions of dollars are needed..it’s going to take time...
but when the reason for delay after delay is due mostly to incompetence, yea, there’s going to be complaints...without a doubt...
“They must be under tremendous pressure to produce a product.”
i wish this was true for kim...but he pays himself handsomely and he has made sure he has full control of the company rendering shareholders powerless...and for the past year, virtually unnecessary...
what a great combination...powerless and useless...and in kim’s eyes, an unnecessary pain in the butt...
i just hope i get my dime before kim unveils his true plan...
for those who think that kim has a bigger incentive to see the stock rise, you are right...what incentive or reason does he have to keep you along for the ride?..
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