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Re: arachnodude post# 274167

Friday, 03/15/2024 8:42:48 AM

Friday, March 15, 2024 8:42:48 AM

Post# of 277025
I didn't leave out anything.

<< Kim Thompson is listed as one of the inventors on the patents that have been granted. >>

The Douchebag CEO is an individual. If an individual has a patent, it does NOT automatically extend to any company (including KBLB). As usual the Douchebag CEO stuffed his pockets, but left his shareholders holding bags filled with poop.

<< granted "EXCLUSIVE GLOBAL COMMERCIAL RIGHTS" >>

Once again, rights are not the same as patents. Those rights can be removed at any time.

"On October 28, 2011, the Company entered into a license agreement with the University of Notre Dame. Under the agreement, the Company received exclusive and non-exclusive rights to certain spider silk technologies including commercial rights with the right to sublicense such intellectual property.
...
In the event of default, the license agreement will be terminated."

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