Fiberrevo9
10 hours ago
Kblb on 2nd place on ihub on BREAKOUT BOARDS........Hope a lot of readers put the naysayers Webstinker, the self proclaimed russian 1, "B"ullet and ex Quartersforsh@res, just to name the worst, on ignore, because i can't imagine that long time Kblb shareholders still read one single line of these daily multiple times intended bullshit spreaders......a lot of green days ahead in my opinion.....
arachnodude
24 hours ago
You claim the company is a failure, the CEO is a 'scumbag,' and dilution will tank the share price. Yet here you are, obsessively posting about a company you insist has no future. Why? Because it’s one thing to be disappointed or skeptical, but it’s another to play make-believe as an adult, spinning baseless narratives in an attempt to convince other adults delusions are reality.
This constant bitterness doesn’t reflect the company’s actual progress—it reflects faux frustration and an inability to engage with the facts. Playing pretend might work in fairy tales, but in the real world, facts and measurable progress win every time.
jealmc79
1 day ago
Thompson personally loaned the company millions, accruing additional interest of $2.6 million. This reflects not only financial commitment but confidence in the company’s future success.
CEOs lending significant personal funds to their companies is rare in the corporate world, particularly in a high-risk field like biotechnology.
Only the disillusioned would believe that Thompson lent his own money to the company. Thompson diluted shareholders by giving himself shares, sold them on the open market, then put the money back into the company under the guise of a personal loan. I don't know why the company would owe him interest for doing that. If I remember correctly, most of those stock sales were done when he wasn't filing Form 4's for his sales.
As far as the rest of your post, if KT really wanted to help the company, he would write off all the debt that he has wrung up unnecessarily for the company. There is no way his compensation should be where it is with what this company has accomplished so far. The video proves he's been bullshitting investors if you know what you're actually looking at.
arachnodude
1 day ago
While you keep painting negativity, reality is where I'll go...
This information paints a picture of Mr. T's exceptional commitment to KBLB and his willingness to defer personal financial gain for the sake of the company’s survival and growth. Let’s break this down into key takeaways:
1. Deferred Salary Demonstrates Sacrifice
From 2011 through 2023, Kim Thompson consistently deferred a significant portion (and sometimes the entirety) of his salary to conserve company resources. His unpaid compensation has accrued to $3.5 million, reflecting years of financial sacrifice.
Instead of demanding immediate payment, Thompson deferred earnings to keep KBLB afloat during cash-constrained periods. His willingness to defer salary at significant personal expense (even as it accrued modest interest) is a testament to his dedication to the company’s vision.
2. Declined Benefits
Thompson also declined life and disability insurance benefits to further conserve company cash, an uncommon move for someone in his position.
This underscores a deep prioritization of company resources over personal perks or entitlements.
3. Financial Support Through Loans
On top of deferring salary, Thompson personally loaned the company millions, accruing additional interest of $2.6 million. This reflects not only financial commitment but confidence in the company’s future success.
CEOs lending significant personal funds to their companies is rare in the corporate world, particularly in a high-risk field like biotechnology.
4. A Long-Term Vision at Personal Expense
By deferring salary and providing loans, Thompson has aligned his financial well-being with the company’s success. He has:
—Forgone immediate earnings to fund the company’s operations.
—Tied the repayment of his compensation and loans to the company’s financial health and eventual profitability.
This is a far cry from the narrative some critics try to spin about him "lining his pockets." His actions show that he has continuously prioritized the company’s survival and development over personal enrichment.
5. Accrued Interest and Payable Balances
Yes, the deferred salaries and loans have accrued interest (as expected), but this is entirely standard in such arrangements. The 3% annual interest rate is modest, especially compared to the potential costs of external financing or dilution.
This setup ensures Thompson is eventually compensated fairly without forcing the company to take on high-interest debt from third-party sources or dilute shareholder equity prematurely.
6. Negative Narratives Fall Flat
Critics who argue that Thompson is overpaid or self-serving ignore these critical facts:
—Thompson’s actual take-home salary over the years has been minimal.
—His deferred compensation and loans demonstrate his skin in the game and confidence in KBLB’s eventual success.
Far from draining company resources, Thompson has preserved them, often at great personal cost.
Conclusion
Mr. T’s actions reflect a CEO who has been all-in for nearly two decades, putting the company’s success ahead of personal enrichment. Critics who harp on his current salary ignore the years of deferred compensation and the substantial financial sacrifices he has made. This long-term alignment with KBLB’s goals should be seen as a strength, not a weakness.
When the company achieves large-scale commercialization, these deferred payments will be a fraction of the value created—a testament to Thompson’s commitment and foresight. Anyone spinning this as greed is either misinformed or intentionally misleading.
WebSlinger
1 day ago
<< CEO finally started compensating himself >>
"finally"????
The Scumbag CEO has been compensating himself from day 1. He has LITERALLY stuffed MILLIONS of $s of shareholders hard-earned money into his greedy little pockets.
His compensation for 2023 (the most recent year reported) was $867,081. His compensation for 2022 was $552,402. That is over $1.4M in just two years where the Douchbag did basically nothing for the company.
We will learn how much he stuffed into his pockets for 2024 in the next couple of months....
Wash, rinse, repeat....
<< after almost two decades of deferring pay >>
That is a bunch of BS.
It's a shell game. While he might "defer" SOME of his salary on the one hand, he charges the company compound interest and makes MILLIONS of $s off of that as well. And in 15+ years, there is still no commercial product.
According to the latest filings, he made over $333K in compound interest alone in the 1st 9 months of 2024 (which comes to about $450K for the entire year).
"As of September 30, 2024, and December 31, 2023, there was $3,013,256 and $2,680,236, respectively, included in accrued interest – related party, which includes interest on accrued salary and accrued expenses owed to the Company’s Chief Executive Officer."
DimesForShares
2 days ago
Failures have consequences. Enough failures can turn out to be deadly. Thompson's repeated failures have hurt his credibility and are holding back the share price.
What failures have been anything but a bump in the road? The collapse of the 2014 effort to commercialize. The collapse of the 2019 effort to commercialize. The 2020 failure to ship more silkworms to Vietnam. The collapse of the 2022 effort to commercialize. These have all been huge setbacks for KBLB, not "bumps in the road."
We all hope for success. KBLB may get there, or it may be yet another dream that crashed into hard reality. We won't know whether or not Thompson is successful until he succeeds. Getting to commercial-scale production is the first challenge. Demonstrating there is a large and lucrative market for his product is another. Building patent protection around his production method is a third. Thompson can fail at many points along the path to success. Given his generous compensation and loans to KBLB, if KBLB fails, investors will be hurt more than Thompson.
Who has done anything comparable to Thompson? I'd say he was eclipsed by many figures: The Wright brothers, Edison, Alexander Graham Bell, Ford, even Elon Musk. The list is long and distinguished. A hundred years from now, people will still recognize most of those names. Thompson's? Nah.
SilkRoad
3 days ago
DragonSilk in Space?
Here’s why I thought of it at 4:00 a.m. in the morning. I was thinking about the amount of satellites being put into space, the Space Shuttle Columbia disaster, and the Kessler Syndrome. This then led me to think about the temperature outside the International Space Station . . . and how DragonSilk could perform in such an environment as part of ballistic protection for space vehicles, satellites, space stations, space rovers/robots, and space walking astronauts.
I posted many years ago about when I visited the museum at the NASA Johnson Space Center in Houston and saw the damage a tiny piece of space debris did to some Kevlar reinforced shielding. And I remember thinking then that this would be a potential application for spidersilk.
So . . . now that KBLB has proven it can mass produce multiple pounds of silk cocoons, it may be time to submit a proposal to NASA or a private or public space company or conglomerate supplier or group/combination to back and 100% fund a new 25 ton facility solely dedicated to producing the new Darwin’s Bark Spider inspired transgenic line’s silk for experiments and use in Space. Sound crazy? Yes. But if your spacecrafts are worth billions and carrying valuable payloads you might want the best protection money can buy and engineering can make.
So what is the temperature outside the International Space Station? According to Al Gore’s Internet (I’m being sarcastic) the temperature outside the ISS varies wildly depending on whether it is facing the Sun or not. I was surprised to read that temperatures can reach as high as 250°F on the sunny side and drop to -250°F on the shaded side. That’s quite a temperature swing.
SILK THRIVES IN THE COLD
Scientists from Oxford, Shanghai and Beijing have discovered why natural silks get stronger the colder they get
Published: 7 October 2019
Their initial discovery had seemed like a contradiction because most other polymer fibres embrittle in the cold. But after many years of working on the problem, the group of researchers have discovered that silk’s cryogenic toughness is based on its nano-scale fibrills. Sub-microscopic order and hierarchy allows a silk to withstand temperatures of down to -200 deg. C. And possibly even lower, which would make these classic natural luxury fibres ideal for applications in the depths of chilly outer-space.
Source/link: https://www.alumni.ox.ac.uk/quad/article/silk-thrives-cold#:~:text=Sub%2Dmicroscopic%20order%20and%20hierarchy,C.
If regular silk performs better in Soace like that, imagine what a customized KBLB silk could do to meet or exceed those temperatures by itself or when combined or treated with other materials. Imagine how much better their transgenic silks wouid perform based on their physical properties.
Kevlar performs well at both temps. A weave with DS might perform better or worse. Both Kevlar and silk can be degraded by UV radiation. Could something be customized to make DS perform better against UV radiation?
Columbia disintegrated upon reentry due to parts being exposed to high thermal temperatures and high pressures. What if any role could a spidersilk reinforced material have played in reducing the intial damage upon liftoff, or reducing the damage upon reentry. I think regular silk starts to disintegrate at 200 degrees and the Shuttle gets exposed to 3,000°F of heat upon reentry. But if it can help the heatshields withstand the high pressures better…. then better?
There IS and WILL be greater demand for better ballistic materials to protect humans and property in space.
The Kessler syndrome theorizes that as objects in Earth's orbit becomes so great collisions will occur, creating more debris, and starting a chain reaction to the point where Earth's orbit becomes increasingly filled with dangerous debris, making parts of Earth’s orbit unusable, and threatening space activities. Scary. We might trap ourselves on Earth if we can’t safely fly through all the shrapnel.
So let’s build a Spacedozer (TM)(c) (yup I just made this up) protected by the best materials ever made to plow through the debris and carry people and cargo to and from Space. Cover it in beautiful spidersilk and other materials that can withstand the strikes.
Make Spacenets out of DragonSilk to protect satellites, space stations, and scoop up small debris and clean Earth’s orbit.
Gonna need a lot of spidersilk. So why not explore a partnership? I’m sure someone could easily pony up $50M to build and staff another KBLB facility and lab 100% dedicated to Space. Crazier things have been tried. This could be up and running within a few years with BAM-1 but maybe longer if trying to use the more recent transgenic discovery IMHO. NASA had wasted money on dumber stuff. We have a Space Force. Time to work on better protection. The technology is now available so why not get started?
Time to go back to sleep. Dream big.
rayovac812
3 days ago
“I choose to recognize a failure for what it is“
1. Temporary
2. Dimes
3. Me for wasting my time and energy
What failure has been anything but a bump in the road? His idea of a failure is attaching credibility to lofty timeline goals. Name a billionaire that always gets timelines right. Consistency is doomed to failure often for those that choose to predict the future. What failure has been permanent? Yes we are talking about the only one that has made spider silk cheaply producible, produced a hybrid system for SS production, and furthered the science beyond what no one else has achieved?
What has anyone here done comparable to what Kim has done? To my knowledge, no one comes close, so consider who the weakest links are, that sit down to judge and often. The consequence is that the smarter folks dismiss them. Most of us know what a lack of credibility looks like, and what credibility looks like.
Freedom of speech is a beautiful thing, until it is abused. May their kids do better. Make lofty goals, make some and miss some(fail), but plow ahead.
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Money4Nothing-M4N
17 hours ago
Z06 MAN
22 hours ago
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