Kraig Biocraft Laboratories Inc (KBLB)

[es1]

No jonny they would not be obligated to. Only Kim is. If warwick was to put out material info then Kim would have to as well

But most people do not realize that Kim does not have to tell you.
The rule isnt that the CEO of a public company has to tell the shareholders about every deal made. It says that if he did tell someone he must tell everyone.

We could get a deal with warwick for 10 tons a month and Kim would tell us we have a deal for "some" MS with warwick.
When the 10Q comes out and there is $5M of revenue on it we wont have a clue if it is for 1 ton or 100.
They will probably never give out that information.
Being a public company doesnt mean you have to report everything you are doing. You just have to report the results of what you have done.

Warwick can say anything they like but if it is material non public info they could pose a problem. This is why they have NDAs. Chances are since it is only in testing that warwick can honor the NDA easiest by saying nothing at all and letting Kim make announcements.
That will change when warwick has a product they are ready to sell

JMO