Kraig Biocraft Laboratories Inc (KBLB)

[DimesForShares]

Sorry. A R&D contract does not apply to the sales contract standards you cited. For example, in a sales contract, the revenues are often received after the goods have been delivered. You see language like ‘Net 30’ on invoices, meaning you have a month to pay after receipt.

Anyone in the Army who agreed to pay $450,000 for 11 shoot pack panels and a few threads would quickly have found themselves out on the street.