Kraig Biocraft Laboratories Inc (KBLB)

[DimesForShares]

The reason this is a fact, not an opinion:

As a fully reporting company, KBLB is required to report material events right away. Because it was not reported in a timely fashion means that Thompson did not consider the patent to have an impact that would be considered material.

I agree with his assessment. Canadian patents are not a big deal. That patent will not affect KBLB’s bottom line. A US patent would surely be considered a material event. Companies announce US patents all the time.