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TRUISM

07/04/20 6:53 PM

#193935 RE: SPalmer1970 #193929

I mean seriously, if everyone were to tell their brokers or ANY big sophisticated investors that they had put a lot of money into a company that is dead broke, tiny, and is about to do a huge public offering of shares, a r/s and then jump onto Nasdaq...but its ok because that company is right on the verge of going big time because they are are about to announce all kinds of fabulous information about mass production, sales etc...

100% of all who reply will ask "well why don't they just wait then?"..



That's the thing...

Sure, things may work like gangbusters ...

But if they don't you're left with all that money and no silk to provide until certain measures are corrected...

EVERYTHING hinges on whether or not mass-production is possible.


The May 12, 2020 PR states:

The Company anticipates rapid scale-up of its recombinant spider silk and will use this year’s first production run to ship materials that are dedicated to fulfilling an outstanding order, by one of the Company development partners. The following production runs will be to address fiber requests made by additional potential development partners and to grow the breeding population.



Anticipation is not a guarantee:

It means to regard as probable; to expect or predict.






TRUTH