Kraig Biocraft Laboratories Inc (KBLB)

[WebSlinger]

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A big one for me was when KBLB didn't deliver anything that the Army Contract requested.

The Army requested multiple shoot packs, in the 1st part of the contract, but never received even one shoot pack. Instead, they received about a dozen material swatches. And the delivery was almost a year and a half late.

The Army then requested 100 kilos of custom spider silk, in the 2nd part of the contract, and the Army never received any.

Ultimately, the Army contract ended and the Army de-obligated about 50% of the funding (about $1/2 million).