The 10K Produced some key new verbiage:
Good stuff here!
(BOLD emphasis replaces the preceding word(s))
*We believe that the genetically engineered protein-based fibers we seek to currently produce at laboratory scale have properties that are in some ways superior to the materials currently available in the marketplace.
*License Agreements/Intellectual Property (WHAT FOLLOWS IS COMPLETELY NEW FROM THE PREVIOUS 10K...)
We have obtained certain rights to use a number of university created, and patented, spider silk proteins, gene sequences and methodologies.
As part of an intellectual property and collaborative research agreement with Notre Dame, the Company has exercised its option for the exclusive commercial rights to technologies derived from a family of patent applications filed in various jurisdictions worldwide. As of the date hereof, two patents have been issued, number 10-1926286 in South Korea and number 2011314072 in Australia; however, these locations are not currently silk producing locations.
In addition to the patents related to licensed technologies from Notre Dame listed above, the Company has filed five provisional patent applications based on technologies developed and discovered as a result of its independent research operations (followed with a complete table of all the patents including the status of each)
...In addition to patent protection for intellectual property developed by the Company through its collaborative research agreements, the Company has developed specialized skills and knowledge in the field of selective breeding, performance selection, and husbandry. This information is considered to be trade secrets and will play a critical role in the development of unique strains of new transgenic with diverse mechanical properties. These operations and knowledge held as trade secrets provide an additional layer of security and protection for the products and technologies we seek to develop.
GLTA! Holding the Golden!!!
