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Re: Money4Nothing-M4N post# 278946

Saturday, 07/13/2024 5:00:57 PM

Saturday, July 13, 2024 5:00:57 PM

Post# of 281173
Money4Nothing: “there's a long list of A-listers that want spider silk yesterday. We know with 100% certainty that they want the product and are willing to do the marketing necessary to move it. How do we know? because they've done it already and their partners could not (and still can't) produce. They would deal with KBLB.”

So certain are you.

Money4Nothing: “Can we cut a deal with them? well, unfortunately we are stuck with a partner that doesn't give two shits about ramping up. We have a turd in the hand, not a bird.”

Kings contracted for a specific dollar value of silk each year for four years. If KBLB can produce more silk than Kings contracted to buy, KBLB is free to sell it to anyone they choose to. KBLB could cut a deal with lots of different companies. We know for certain that Kings does not have a worldwide and exclusive license for all applications of KBLB’s silks. Their rights are far more narrow than that.

Money4Nothing: “I guarantee you, a company like UA would sign a deal tomorrow if Kim promised to punt Kings and have all VN production allocated just for them. They'd do their part to get the word out, have a marketing plan by Monday, and be screaming about it to the world by August.”

If a company like UA wanted silk so badly, they would first agree to a joint venture with KBLB, give them a lot of money to quickly ramp up production, and sign an exclusive arrangement for almost the entire world for a particular product line. Kings only has an exclusive on the ASEAN region. I don’t think that even covers all uses of GMO silks.

I guarantee you have no idea what you are talking about.
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