The perception that dilution is inevitably negative is misleading. If investors believe the additional funds translates into future production and ultimate commercial success then the long term effect on the stock price will be positive.
Good call Reddy. People who bought at .54/.55. are feeling better right now then the non believers who sold at that level.
There were a lot of confident statements made on CC and you have to believe they are making real commercial progress. In spite of vague financing strategy, I did find in the call more reasons to believe then not. I wish I jumped on .55. Good Luck.
It's depressing to see the only posts in a weeks time to be 2 blatant pump and dumps on some other random stocks.
With a 10 day average of only 78K shares being traded it was encouraging to see a 93k transaction this AM.
Re: May CC Peter Drucker once said, "effective leadership is not about making speeches and being liked, leadership is defined by results not attributes".
I think Shaulson has achieved "tangible traction" as he put it a couple of CC's ago and lets hope we see some more tangible results on financing, production and sales.
Normey What's your opinion on direction, challenges etc.? What would you like to hear on CC?
I thought you made a valid point about the importance of showing respect to each other as per Dagiw's example so I responded to you.
I guess I did respond to the wrong person.
Dagiw to his credit may never be grounded in zero sum emotionalism as he makes a sincere effort to respect opposing positions but I would say he is always grounded in zero sum logic. That is his conclusions make the shorts the absolute winner and longs the ultimate loser.
The problem is sometimes his logic is unfair and not always devoid of emotions at least towards MBLX.
For instance his metaphor of this company acting like an alcoholic only caring about their next scotch with no concern for how they will even pay for future drinks implies a reckless, unscrupulous Management team that isn't even thinking about finance options.
Clever image but is it fair???
Dagiw I don't know a Jojoba from a jelly bean but the point is that shifting environmental and /legislative trends will certainly increase demand for MBLX's Mirel Bioploymers,
Nobody has delusions of grandeur that MBLX will be the only solution to meet these more demanding international standards but to view this legislation as having zero impact of this business's future potential is ....well .....unrealistic.
Pelosi I think Jenny makes a great point that this issue and it's solution is truly at a classic tipping point. Great post Jenny.
In the past years we would hear about San Francisco banning single use shopping bags now we read about the New Democrats in Canada last week introducing a ban on microbeads and Prince Charles talking to a conference in Washington saying "I was horrified to learn that we collectively allow as much as 8 million tonnes of plastics to enter our Oceans every year and almost half of all marine mammals now have plastic in their gut". Prince Charles concluded a solution was at hand and that "speaking as a grandfather I think we owe it to everyone elses grandchildren to grasp that solution". Right after he made impassioned speech he met with President Obama.
You're right that the presence of microbeads in the ocean is somewhat old news but the recent studies and reports from respected academics of "startling" amounts of microbeads in fresh water lakes and rivers is new news.
In the same article about Canada's House of Commons involvement just last month a Canadian environmental Engineer was quoted as saying "these tiny plastic particles are showing up in the guts of aquatic animals and in our beer!!!"
Governor Christie must have said, "what !!! it's in our sea food and beer. we gotta do something". I hope I didn't spoil anyone's Good Friday fish dinner. Happy Holiday all.
On January 18, Congressman Frank Pallone, Jr. (D-NJ) introduced legislation to ban microbeads from personal care products.
If enacted, the Microbead-Free Waters Act of 2014 would prohibit the sale and distribution of all health and beauty products that contain plastic microbeads.
This is the latest and biggest legislation to stop the production of microbeads in the United States. Commonly used in cosmetics as exfoliants, this grain-sized microplastic easily slips through the filters of water treatment plants and finds its way to rivers and larger bodies of water. Recently scientists even discovered microplastics trapped in Arctic ice.
Plastic is not biodegradable, instead shearing away into smaller and smaller pieces. Marine animals often confuse these pieces for plankton and consume them, absorbing the toxins that can adhere to the plastic, potentially passing on the toxins to humans.
The first major study on microbead saturation in American waters was done by a team led by Dr. Marcus Eriksen of the 5 Gyres Institute. The study, “Microplastic pollution in the surface waters of the Laurentian Great Lakes,” discovered massive concentrations of plastic particles in the lakes – with up to 1.1 million particles per square kilometer in Lake Ontario alone.
5 Gyres co-authored model legislation to ban the sale and distribution of microbeads, which the state of Illinois used to pass its historic microbead ban earlier this month. A ban is also working its way through the California state legislature, as well as in New York, Minnesota and Ohio.
The new bill sponsored by Congressman Frank Pallone, Jr. would outlaw microbeads on the federal level. “We have a responsibility to put a stop to this unnecessary plastic pollution, “says Pallone. “By phasing out the use of plastic microbeads and transitioning to non-synthetic alternatives, we can protect U.S. waters before it’s too late.”
Fair enough Dagiw. The CEO ended the CC saying they are "highly focused" and "there is a lot going on". The longs are "hoping" there are some more commercial customers and financing options "going on." I said the following a long time ago but it still applies. Hope springs eternal or at least until we run out of money.
Whew!! You tired me out, dude. I was going to call for back up. Normey are you out there?
Dagiw Let's call it a debate rather then an argument because I have to admit you're a good debater. The image of "at best 6 truck loads of samples" being delivered before they're forced to close up shop effectively illustrates your sad impression of this company.
Of course each truck is around 80 feet long and over 13 feet high and not to be picky but even at that enormous size due to state weight limits of 80,000 pounds and average truck weight of 34,000 pounds simple math says 50,000 pounds would not exactly fit in 1 truck load.
The fact is MBLX was already using the pilot facility to produce samples in 2014. After a significant expansion and based on the statements from the company I have to believe 25 tons (50,000 lbs) per month is intended to supply commercial customers.
This amount fits the prudent strategy of scaling capacity to match up with the scale of business. It's not large and modest at best but I still think it's more then sample level.
OK Dagiw What was I thinking listening so carefully to the CC when I could have just asked you what the real cash on hand is and what really is the status of the Pilot Facility.
The answer to the question of where they are going to produce does not remain outstanding and 50,000 lbs production per month is clearly intended to supply commercial customers not just to supply samples.
Obviously more financing will be needed but based on real actions the CEO has taken in the past year it is not fantasy to believe he will find a way to keep MBLX on track. Hope is definitely involved but not fantasy.
Dagiw Your posts are always logical and well reasoned but are also always rooted in the past.. As skilled as you are with numbers and logic when you project your conclusions to the future you are no more accurate then a moderately optimistic long. For instance in November you stated that end of year cash on hand would be around $15 million while the actual cash on hand ended up to be $20 million.
Your comments on the critical issue of production is also void of any future progress..Your numerous references to "no production" or your sarcastic comment, "where are they going to produce, in a shoe box???" was quite dramatic and effective in it's negative implications but ignored MBLX's stated production strategy. Your most recent comment "they can't produce any more then samples" is only true for their admitted production capacity in 2014 not 2015 and beyond. Are we to ignore top Management's statements that "expansion of the facility is well under way and once completed we will ramp up production to support our customers development activities".?
Yes businesses fail but they also succeed and we need to remain open to all possibilities.
Congratulations on your entry point Legal. I would say the lesson to be learned is that the market tends to over react to good news and when these positive developments take longer then expected to actually unfold those "in it for a quick buck" traders that Pelosi likes to call unsophisticated bail causing selling pressure to build. Astute for you and Dagiw to take advantage of these short term opportunities.
I would not discount Jenny's advise however as your profits could disintegrate faster then Mirel PHA Biopolymers in the ocean.
I have a question for you and any other shorts. Consider Aug 8 purchase price $.41, Aug 20 purchase price $.65,, Nov 3 purchase price $ .71,, Dec 10 purchase price $ .4996, Dec 28 purchase price $ .3705
Good move or not???
Dawig states that he is in a high level financing position in the industry which is a calculated positioning of himself as an authority which causes many to blindly accept his conclusions. Don't get me wrong finding my head spinning after reading some of his emails I tend to believe that his financing experience is indeed real.
After a year, however, of burying this company and giving it zero chance of survival, in light of recent positive events a reasonable person starts to question his negative bias as Jenny is doing.
Dagiw and Pelosi remain focused on the past commercial failures of MBLX and find it impossible to consider that the future conditions can change and the prospects of success can dramatically improve.
New CEO, real steps to manage costs, real production strategy, real commercial alliance, real insider investment, new products with real value, ahead of real social/environmental/legislative wave.
You should probably spend more time researching then the time you invested to compose and post your negative conclusions.
Oh Master I see that you are blind. Of all things in the world to live in darkness must be the worst. No Grasshopper, to live in fear is the worst. But Master what could such a wise man as you possibly fear??? That MBLX will close green in honor of St. Patrick's Day and thern green again in anticipation of the CC and then green again based on reported progress in CC. I fear GREEN, Grasshopper! AGH!!!!!!
I'm sure it looked real good to you at 3:45PM before it recovered 6 cents in the last 13 minutes of trading. I would rather be sitting long going into next week's CC.
I think the future looks bright for MBLX and for those who added when things looked bleak.
You need to earn your marks on this Board.
Your point of view without rational reasons are empty meaningless predictions to any informed reader. If you have valid reasons that would lead a reasonable person to believe that this stock is not well positioned for a signicant rise please share.
Lega 1, Are you sounding the alarm that this stock will be in the low $.70's even after we get more details on the Honeywell alliance on 19 March CC or just that it may dip before then? Please advise.