The difference between a possibility and a certainty: a possibility may or may not happen. A certainty has a 100% chance of occurring.
We don’t know what is happening in Vietnam right now. We were told that 2022 would be the breakout year for KBLB, News would arrive in the coming days or weeks, and Spydasilk would be coming soon.
None of these expected events has occurred. Given the timing, I think it is unlikely that Spydasilk will launch this year. (I will be happy to be proven wrong, but annoyed by the off-season announcement.)
There are no good explanations of why Thompson has been quiet for so long. (I haven’t forgotten your explanation, that he wants to wait until dilution is finished to allow the news to have greater impact. There is no evidence for this and it is illogical.) this raises the possibility that new problems have appeared in the latest attempt to produce RSSPs at scale. It is not a certainty, but more and more investors are going to be concerned about the issue until KBLB generates solid news.
Looking at the drop in share price, a death spiral is not out of the question. A failure at this 11th hour would not be well received by investors. The cat doesn’t have many lives left. Not a certainty, a possibility. The people that KBLB has associated with may be just as disappointed as we are. Neither Yorkville nor Kings can be happy with Thompson right now.
I hope we get great news this coming week. If we get another video, I guess that counts as some sort of proof-of-life, but more is needed. Thompson is burning thru his capital reserves. We’ll get an indication of where he stood when the 10-Q comes out perhaps this week.
God bless us everyone.
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