Thursday, September 26, 2024 4:19:51 PM
So are there two separate contracts or one? Because the last I saw, there is only ONE contract. And although the parameters to produce were "spelled out," the overall contract is still in place. And the length of that contract supersedes all other things within the contract. Thus the reason for specifying the length of the ENTIRE contract. Now, if both parties agreed to dissolve or renegotiate the contract, they are able to do so. Mr. T specified they "paused" things. So, that would lead most well-meaning, understandable individuals to surmise the "Steering Committee" met and agreed to some things to make that happen. I know how eager some are to say this thing is dead in the water and blame KBLB for "not producing." I, per usual, give latitude for business processes. The kind that they most likely took into consideration when they decided to "pause" SpydaSilk "things." Which would make reasonable sense the 5-year overall contract would be the thing being adhered to most.
NOTE: And let me go on record, again, as saying I don't care if they move forward with Kings, or not. If they do, meh. If they don't, I'm cool. In fact, I believe "The Next Biggest Technological Advancement in Clothing," is what created the "pause." M is a designer. Kings are what they are. Mr. T, though, wants Spider silk to be representative of the qualities it possesses in all KBLB produces. Creative differences? Business differences? I don't care. I do care about how KBLB reps the product they produce. If it takes dissolving the contract to honor that...SO BE IT!
NOTE: And let me go on record, again, as saying I don't care if they move forward with Kings, or not. If they do, meh. If they don't, I'm cool. In fact, I believe "The Next Biggest Technological Advancement in Clothing," is what created the "pause." M is a designer. Kings are what they are. Mr. T, though, wants Spider silk to be representative of the qualities it possesses in all KBLB produces. Creative differences? Business differences? I don't care. I do care about how KBLB reps the product they produce. If it takes dissolving the contract to honor that...SO BE IT!
Bullish
DROP-IN AND GO KBLB! HOLDING THE GOLDEN!!!
Recent KBLB News
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- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 03/30/2026 09:38:14 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 02/18/2026 04:17:09 PM
