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want2retire

04/03/24 8:47 AM

#275199 RE: jealmc79 #275188

Let's try to unpack your opinions a bit:

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Beats trying to figure out where all that inventory disappeared to or how the accounting doesn’t add up or where some mystery production happened

. I'm not sure there is a filing requirement that says they must report they are producing in 2024 or that inventory levels have changed since the end of 2023?

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If you read the PR’s close enough you will notice that it seems like Kim is trying to make it look like something they did like 2 years ago happened just recently.

"seems like"? How can you be sure your "seems like" is accurate? Now you are claiming Kim is intentionally misleading shareholders by using activities from 2 years ago and making them seem like they are happening right now? Pretty damning claim. Let's see what we have to back it up.

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This makes it look like they have been doing something (producing) recently when they actually haven’t been

. The company says they are producing right now, you see they are not. So we should believe you instead of the company?

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An example would be that hank of silk, which, to me, appears to be from what was produced at GSS way back whenever.

. Way back when? You're now claiming what we were shown in December is from production done "way back whenever"? Based on what? Remember, Sick Zone already told us the production shown in December DID NOT HAPPEN AT GSS. So maybe your theorizing has some gaps? Maybe production is happening but at another facility, just as the company and SZ have indicated?

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Things just don’t seem to be adding up to what they should be to me if all the production they keep talking about was actually happening

. Well, SZ and the company have provided data points that refute your "seems like", "appears to be" and "seems to be" opinions.

Now we just have to decide who "seems to" have a better idea as to what is happening with the company. Do we go with what the company is telling us or the musings presented here? Hmm, that's a tough one.

Knowing how much everyone here wants hard data, I'm guessing "appears to be" and "seems like" might be a little thin for them.
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DimesForShares

04/03/24 10:53 AM

#275207 RE: jealmc79 #275188

KBLB reported the delivery of a hank of silk on Dec. 14. I’m taking them at their word that this happened in Q4, 2023.

No increases in inventory were announced in Q1, Q2, or Q3 of 2023. Only in the final 10-k do we see the increase in inventory.

Your argument that the increase in the value of the inventory was due to post-production improvements in the value of their inventory could only be possible if the hank shown had actually been delivered in 2022. That was before KBLB reported delivery of the two-parent hybrids to Vietnam.

That would entail a lot of lying on the part of Thompson. I believe he distorts the situation by use of clever terms, but lies of this magnitude strike me as implausible.

We may just have to agree to disagree on this one.