QFS...First of all, no company, KBLB included, can up list unless they are at a point when they can earn money. Until KBLB has its production pipeline in place, it will not up list. You have to know it would be suicidal for KBLB to up list unless it can meet contract demands and earn money. This is a long process, so your statement that "the up list process is not going well" is unfounded. You have no proof of this, and you are basing this on the fact that things are taking so long.
What if the wait to up list is due Kim himself, as I believe it is? He is waiting until he has all of his ducks in order before up listing. This is a huge ordeal and to do it unprepared is a recipe for disaster.
Your next statement, "the financing process is not going well" is also totally unfounded. You just cannot make blanket statements like this without proof. I have strong proof. First, Maxim is backing KBLB with not only money but with their slew of attorneys. Maxim is holding KBLB's hand to help them get to the NASDAQ. This is what they do. Once KBLB trades on on the NASDAQ, the company will receive 11.5 million dollars from Maxim. So, your statement that financing process is not going well is again totally unfounded.
I am giving you proof. Also, Kim was able to secure almost a million dollar "short term" bridge loan, so KBLB has absolutely no problem with financing. They have plenty of financing until they up list. Once Maxim gives them the 11.5 million dollars, I believe KBLB will open up its second plant in Vietnam.
Here is another statement which confuses me:
"The scientific research to develop new strains of silkworms is not going well."
How on earth do you know this? Is this because TK has now left KBLB? What other proof do you have? The experienced KBLB scientific team can and will carry the load, so this statement is also incorrect.
"The corporate governance plan is not going well."
I assume you made this statement due to the fact that the B.O.D. has not been seated yet. This will take place AFTER KBLB up lists. Once the board is seated, they will have to be paid. KBLB will not and cannot do this until they are earning money, and they will not up list until this time either. So, Kim is taking his time and getting the house in order. Once we up list, and that time is close, IMHO, then you will know that everything is in place.
Again, it is not the NASDAQ telling Kim that KBLB cannot up list. It is Kim who is wisely and smartly waiting until the right time comes. You better prepare yourself, since that time is very close. Once KBLB up lists and leaves the toilet it is trading on now, you will know that these imaginary problems are just that, imaginary.
GO KBLB! JMHO
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