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Re: Money4Nothing-M4N post# 274158

Thursday, 03/14/2024 7:01:41 PM

Thursday, March 14, 2024 7:01:41 PM

Post# of 277027
KBLB doesn't have any patents.

****DOES KBLB HAVE ANY PATENTS? (UPDATED)****

Despite the many false claims that have been made over the years, KBLB has absolutely NO PATENTS. (Of course the PRs are created in a way to make investors believe that they have patents).

The company itself plainly states that it has NO PATENTS in recent SEC filings.

These statements are from KBLB's most recent Amended S-1/A (dated 22 Nov 2023):

"We currently do not have patent rights to the products we are seeking to develop and we currently license some of the genetic sequences and genetic engineering technology we need to develop our products. If any third party challenges our claim to intellectual property rights in the fiber products we are seeking to develop or the intellectual property rights that we license, our business may be materially harmed.

We do not have utility or design patents to the fibers and products we are seeking to develop. It is possible that the fiber products we are seeking to develop could be imitated or directly manufactured and sold by a competitor. In addition, some or all of our research, development ideas and proposed products may be covered by patent rights held by some other entity. In that event, we could incur substantial liability, we could be subject to litigation and claims, and our business would be materially adversely affected."

We have limited intellectual property protection in foreign markets, which could affect our ability to grow our markets and increase our revenue.

The intellectual property that we licensed from Notre Dame is covered by a series of U.S. patents and U.S. patent applications with limited or no international patent protection.

https://www.sec.gov/ix?doc=/Archives/edgar/data/1413119/000149315223042509/forms-1a.htm


In addition, even thought the company plainly states that they have NO patents, there are still (false) rumors and innuendo that claim that they have patents in Canada, South Korea, and Australia. That is incorrect.

All of those patents are owned by Notre Dame.

Anyone can see the Canada patent in question here:

https://www.ic.gc.ca/opic-cipo/cpd/eng/patent/2812791/summary.html?query=spider+silk&type=basic_search

Anyone can see the Australia in question patent here:

http://pericles.ipaustralia.gov.au/ols/auspat/quickSearch.do?queryString=2011314072&resultsPerPage=

To see the South Korea patent in question, just go here and type in the patent # (10-1926286):

http://engportal.kipris.or.kr/engportal/search/total_search.do

DON'T BELIEVE THE HYPE
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