Kraig Biocraft Laboratories Inc (KBLB)

[TheEternalChampion]

Do YOU know that as fact?

"k, so the answer is no, Kim has no expertise in patent law.

Not saying he should...... "


I didn't mention Kims knowledge of patent law. I could ASSUME he should know some patent law since he dealt with intellectual property rights, but cannot say for sure what his depth of knowlede in patent law is, if any. You could ask him yourself and should before you post that he has none.

However, I did post that if it came down to a patent dispute or a case of infringement the Universities who own the patents would have to take that on. KBLB/ Kim Thompson licenses the rights to use, market and sale products made from said patents. Its really the patent holders responsibility to protect its patent(s). So Kims depth of patent law is a non issue in the respect of him having to defend or represent himself in a patent dispute regarding KBLB. Unless we find out he is well versed in patent law and then maybe the Universities would use him as legal counsel.
And as you said "not saying he should..." I know you know how the company is setup. We all know you've done your DD.

Primarily I focused on the part where the post says he has ZERO business experience, even though he founded his own lawfirm, even though he started KBLB and even though he worked out license agreements with 2 Universities(Univ. NotreDame & Wyoming) and 1 large company(SigmaAldrich).
It would seem to me that he at minimum has the business experience of founding and operating two businesses.

Or

Apparently starting your own succesful law firm doesnt count as business experience. Or starting up a company and collaborating with 2 major Universites doesnt count as business experience.

I guess taking a fledgeling research biotech stock public and handling its day to day affairs for the past 6 years such as,
SEC filings,
license agreements,
NDA's,
CA's,
press conferences,
trademarks,
conference calls,
lab expansion,
lease agreements,
press releases,
...none of that apparently counts as business experience?


"what is his experience? He purports to have provided services to business in the form of a lawyer, in a specific facet."

"A lot of what is needed is character quality (in negotiations), but everything else you need is experience and know how"


What??!

Even though he had a commercial lawfirm and won cases representing small and large cap companies as it relates to intellectual properties and distribution rights (but he doesnt have character quality?) Zenaku posted an article about Kim winning in court just the end of last year on behalf of a couple against their local police abusing power. He must have some kind of court room presence to win his cases. Not to mention its reported that his winnings are quite sizeable, that's not just a win, but a 360 Slam DUNK.

Ever consider that part of his "know how" is that 'specific facet'. Is it missed that that specific facet directly applies to exactly what KBLB needs? Research into IP law and Distribution rights gives you precedence on what has been done, what can be done and the limits and boundaries that large companies hope a small company at the negotiating table doesnt know.

GO KBLB.

It's one thing to honestly warn people of the reality of the risk of investment, especially when something seems to good to be true. It's another thing to ignore facts, and support mis-information while doing so.

I have no problem stating KBLB is a risky investment, there is always a possibility things for whatever reason just won't work out. There is always that risk in investing, even more so with new startups, but that's why people are in OTC's in the first place, to receive quick gains by trading in and out or to try to get in on the ground floor of something new hoping it actually succeeds.