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Re: TRUISM post# 142278

Tuesday, 08/14/2018 6:09:16 PM

Tuesday, August 14, 2018 6:09:16 PM

Post# of 294059
I think you are misunderstanding.

The "optional phase" was for custom spidersilk and was a 12-month contract (which was supposed to end within the next month or so). There was a statement in the latest 10Q that said that KBLB was asking for an extension to Dec 2018. Jetow seemed to be implying that they were asking for an extension because the Army asked for (another) tweak. I stated that if the Army asked for (another) tweak, then they would need to either write up a new contract or amend the old contract (and that hasn't been done). So the reason that they are asking for an extension is (obviously) because they can't deliver in time (once again), and has nothing to do with the Army asking for new tweaks.
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