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rayovac812

05/09/13 2:23 PM

#57879 RE: Jonnyo07 #57875

You are going to have to be more specific. I was very specific. Again to address what is "normal" and "fair," shareholders have always waited for developments. So if Kim thinks something on Tuesday,(we have a marketable product) you want him to not make an improvement on Wednesday?

Sorry Jon. That isn't how any industry and innovation work. What he calls lies is done by every company involved in innovating. The difference might be that those companies are larger, so maybe they market the various stages of development. But if they decide to innovate further, it is NOT a lie to say you have something....to turn around and make it better, prior to production/marketing. It is an everyday occurrence. So it is normal to say you are good to go, and then change the plan. It is a business reality.

Do you know how many bug fixes in software are made downloadable....only to find out that it introduces new bugs? This is exactly what I am talking about and it happens in every company from Apple on down. So these companies have a product(bugfix) make it available, then have to make software patches to fix the bug fixes. This is real world realities that you have to adapt to in life. If you can't, then I wouldn't recommend investing as the twists and turns are too numerous for those without the required flexibility. For those that find adapting easy, well they are easy to spot...right here on Ihub....but mostly they are fairly quiet.

KBLB elected to make changes along the way. Why should they be different than any company on the planet? I am sure the changes aren't being done to jerk shareholders around. They are to make things as they stand.....better. So reality is exactly the opposite of what you think is normal and fair. Give me an example of a company that has never changed a product or made tweaks to a product. I would say the overwhelming majority of products go through changes prior to introduction, and yes without telling the poor shareholders.
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ZincFinger

05/09/13 2:53 PM

#57885 RE: Jonnyo07 #57875

The "problem" you see is only in your perception.

What you spin as "rehashed" promises is what always happens with high tech companies: Especially in biotech, the timing is inherently highly variable. In addition the direction must be frequently adjusted to accommodate variations from what was expected. THus what you mislabel "promises" (which are actually best efforts at TENTATIVE predictions, necessarily and inevitably change over time.

If you are insisting that companies adhere very closely to anticipate schedules you are definitely investing in the wrong sector! Such expectations in biotechnology are WILDLY unrealistic.