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want2retire

06/20/24 8:29 AM

#278118 RE: Bob Mullet #278116

Upwards of $1 is a maximum short term peak. No more



We will "only" see a run to $1 in the short term, over the next few months? Wish that sounded negative but somehow it doesn't to me.

And it’ll dive bomb on the news of a reverse.



Using history as your guide, no doubt? Nothing has changed since Kim last announced an upcoming reverse split?

Let's say, as you suggest, the share price runs to $1 in the next few months. Kim is anxious to uplist and get out of this cesspool, onto Nasdaq where institutional investors are ready to back further expansion. To get to $1 I think we'll need to see the Kings agreement up and running, revenues received, etc. So we have cash flow started.

Kim announces a military contract funding a domestic production facility with ongoing purchase agreements for "X" tons/year (minimum) of proprietary spider silk applications. What does that do to the share price? What kind of support does it offer when he also announces a move to Nasdaq and 1/7 split?

What happens, when the move to Nasdaq is complete, when he announces agreements with Polartec along with an Adidas/UnderArmor/etc type? When institutional investors want to take a large position in the $7/share spider silk company that just moved to Nas, has a large military contract/funding and signed agreements with major brands?

Will the share price "dive bomb" in a scenario similar to this? Remember, what happened before is not destined to happen again. We need to be able to look forward and consider the fact history is not required to repeat itself. Lessons have been learned. Progress has been made. We need to move forward too or risk being left behind.

W2R
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Truth_is_a_tool

06/20/24 8:29 AM

#278119 RE: Bob Mullet #278116

Don’t you ever tire of whining ?
Bullish
Bullish
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ChiJ

06/20/24 8:30 AM

#278120 RE: Bob Mullet #278116

You might be right but you also could be wrong and the reality is that the current momentum favors you being wrong. If Kraig announces continued success with scaling and expansion and they get some confirmation on agreement with Kings and then get some additional agreements this thing will take off. Companies trade at what people believe they will be worth, not what they are worth. And then, of course, there is momentum which can be very powerful for price. It is concievable that this stock could uplist on its own in the next 24 months with the right progress, news and price appreciation; perhaps even 12 with the right news and success. Of course, another failure and it would tank but that seems much less likely now than in the last.

Posting over and over again about no revenue when development companies (mining, medical, etc) literally exist in high numbers without revenue on Nasdaq is silly. Have you ever traded? Did you pull the term boiler room from a movie?