Kraig Biocraft Laboratories Inc (KBLB)

[Cee-It]

Not long ago there was an interesting flurry of messages about whether or not KBLB had fallen behind in their anticipated schedule for entering into commerce. The question was raised about whether the time that progress and developments were taking was reasonable and expected.

I now know that CLEARLY neither KBLB management nor UND researchers expected the commercial sale of products to take as long as it has... below are quoted lines from within the licensing agreement (which is not exclusive on all of the patented IP of UND for spider silk production BTW; instead it is nonexclusive on many patented matters -- but that's another subject)...

"This Agreement is made and entered into as of this 28th day of October, 2011 (“Effective Date”)" ...
...... and one of the performance provisions was
"LICENSEE shall make a first commercial sale of LICENSED PRODUCTS within three years of the Effective Date."
....

Surely when that provision was negotiated onto the agreement the KBLB management expected to be commercially productive long before that, in order to protect their agreement!