Kraig Biocraft Laboratories Inc (KBLB)

[es1]

Pretty obvious isnt it Jonny?

Does this part,
" Which is why the US Defense Department has invested a pretty penny in high-tech firms, supporting their research of reconstituting silk using spider stem cells. "

refer to Defense investing into penny stock high-tech firms or that it invested a large sum into high-tech firms?

Government doesnt care about a stock price or what we think a company is worth. They invest in the technology. This is why a high tech company like DuPont can get grants to work on something like spider silk and so can a researcher like RL get funding for a high tech idea.

Only you and others like you look at the stock price to decide if research is worthy or not. The government looks at the research to decide if it is worth it.

A quick touch of DD would show you the answer to your question...

The United States government may own rights to the technology in the present application as work was supported by grant # R21 EB007247 from the National Institute of Biomedical Imaging and Bioengineering, National Institutes of Health (DLJ). A collaborative research agreement is in place between the University of Notre Dame Office of Research (MJF), and a research agreement with Kraig BioCraft Laboratories, Inc. (MJF).