They passed that point about 18 months ago, that's why the stock has continuously been dropping and has no bottom. If you only have a Plan A and you drag it out and it isn't working people don't want to hear anything else from you until something is working. Nothing Kim says is going to mean jack #$%$ unless there is a 99.9% chance of succeeding plan in place with a timeline.
I was surprised by how far it dropped yesterday on so little volume, wasn't a normal trading day. Shows how very little interest there is in the stock.
Does anyone really care about ES1's investing theories?
He's telling us all these great theories for a stock that has gone from .263 to .013
His investing obviously hasn't worked
A pump PR also. Now, consider this for a minute: Kim already knew the info in this PR but wasn't going to tell shareholders until he got nervous about the stock price plummeting.
It won't stop the bleeding though
And with all the talk Kim has had over the years about all the interest in his silk..............it should have been his goal to have a production facility up and going as soon as possible not as soon as Vietnam feels like it.
Gross incompetence by the CEO of KBLB
how horrible and incompetent of a business man he is. Mojo you were right, what 4 years ago, that Kim needed to hire a businessman because he had no clue. These actions by Kim were brought up no less than 3 years ago in 2013 when talk of the pilot facility started and even before that. It is absolutely criminal to be taking public money and not have a better plan in place than what Kim had.
This also verifies that Kim has lied to shareholders all along. He had 1 plan for production and it was Vietnam and he knew full well that all his projected commercialization timelines would not happen with Vietnam being his only option.
Yeah that whole quote of
"these new transgenic silkworms have the potential to produce silk fibers with an unprecedented combination of physical properties with the potential to rival its existing Dragon SilkTM line"
sorta means jack #$%$ considering no one knows a damm thing about Dragon Silk and considering it's 2 predecessors have never had the occurrence of one piece of silk being sold.
KBLB is dead, I don't see a new CSC financing agreement having any legs at this point, no one wants any shares other than the CLAN
Yeah at this point no one gives an eff if Kim's scientists create a new transgenic, in fact I would go as far to say it is seen as a negative when this type of release happens and there is no other news on the commercialization front.
It makes it seem even more like the stinky pinky it has become
Have you not learned that DSCO holding cash means nothing to the stock price? That money is already burnt through.
So every time the pumpers try to use that excuse to legitimize KBLB, it's a moot point. They can associate with whoever they want and that's not getting them closer to selling a piece of silk
I've long said that the relationships with Notre Dame and Wyoming don't have jack to do with KBLB selling a piece of silk. It's two opposite ends of the spectrum.One is the science project side the other is the business side. NOTHING has happened on the business side in 10 years.
yeah all that DD they do and they still don't know as much as us when it comes to selling a piece of silk
Did you see the post by Army where he claimed one of Bob's posts was one of the best he had seen in a long time? Lol.............a post from Bob.........and on top of that his post was a quote from the financials...........not even a true post.
Another one of the clan that infests the board
If their first contract is with the military or government, everyone is going to be waiting around longer than even the most pessimistic estimates. If I was a pumper I wouldn't even bring it up because it's not a good thing.
That's because Kim hasn't accomplished half of what he and his cronies want shareholders to believe. This has been true for the entirety of KBLB's existence and it's why Kim never says anything of substance.