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WebSlinger

08/09/19 10:45 AM

#166544 RE: Hikingguy #166528

<< Kim said he is "targeting" Q1 and Q2 2020 for the first batch. >>

On May 20, Kim stated Q3 or Q4 2019 for the first batch.

"We expect to make delivery of the first production batch, of our recombinant spider silk thread, from this factory to one of our strategic market channel partners in the third or fourth quarter."

https://www.kraiglabs.com/kraig-biocraft-laboratories-takes-possession-of-factory-in-vietnam/



I guess he is moving the bar (once again)...
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igotthemojo

08/09/19 10:57 AM

#166549 RE: Hikingguy #166528

“Kim said he is "targeting" Q1 and Q2 2020 for the first batch. So Pick what you want. “

Kim originally said Q3 or Q4....now he’s saying Q1 or Q2?....

So why is everyone hung up on production occurring this year if kim has already revised his previous prediction?....

There should be no issue of timing for customers, or amounts for individual customers or who gets what...none of these issues have any bearing on how much silk should be made or when...

Kim has said they have customers willing to buy as much as they can make....so they should make as much as they can and as fast as they can...they can parcel it out as they see fit...but it is ridiculous to think they would only make enough to cover a certain customers needs...

Competitors and anyone else can figure out how long it should take to get to tonnage...that’s no secret...that’s no reason for vagueness or stuttering on the stage...and the coo shouldn’t have to ask permission of the ceo to state what can obviously be determined by anyone who cares to know...

But if you CANT ramp up at the normal rate, for whatever reason, then that might be a reason for hesitation...what Jon was asking was “Kim you want me to be honest or would you like to answer?”...

Of course kim was like a deer in headlights as usual...so Jon just just said the first batch would be several hundred kilos...and left out when that would be accomplished...

Apparently that will occur sometime in the next 10 months???...
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faithabides

08/09/19 11:01 AM

#166552 RE: Hikingguy #166528

Hikingguy, let’s see if you can get anyone that attended to confirm your 1st delivery from Kim timeframe. Kim spoke before Jon. I don’t have it in my notes and I do not recall hearing it. I heard everything said. Also, again, the question was Q3 or Q4 first delivery, Jon asked Kim specifically to that question WITH time frame and Kim responded back specifically to that time frame. If the time frame needed to be adjusted out, it could have easily been clarified there and it wasn’t.
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dragon_silk

08/09/19 11:07 AM

#166554 RE: Hikingguy #166528

“Kim said he is "targeting" Q1 and Q2 2020 for the first batch. So Pick what you want. “

So the target has already moved yet again. Shocker. From 2013 to 2014 to 2016 to 2020. Lol. This is why the army is no longer taking their calls. Even the army has lost patience.

So they intend to uplist before they can deliver anything ? Then they definitely will need the r/s and the 40 to 1 at that if this is true because this will drop to a dime if there’s not going to be delivery until next year. And then of course by then the target date will have moved again.