Kraig Biocraft Laboratories Inc (KBLB)

[Jonnyo07]

I don't think so, because each company would have to record the fair market value of the service, i.e the company farming the silk (with all costs) as a deferred revenue and our Company as amount owed to a supplier. The only way that I see right now is that UND having such arrangement as a major share holder (which would have received shares in exchange of "services", where the "service" is to pay for the farming of the silk) but maybe I'm stretching it...