" I really don’t know much about the IP part or what if anything Kim has done to secure any IP that is outright owned by KBLB other than a few trademark names."
Actually the inquiry the newbie stated is a good thing. Here's what I know... KBLB has worked closely with two Universities, and is or has worked to form new stronger silk.
More important is the CEO and major shareholder is a very good lawyer and a reported genius (member of the 999 club) and very familiar in the stock market.
He is also known to be very frugal . He did apply for a patent but it was not approved if my memory serves me. Noter Dame has patents but I'm not thinking we are using that technology now.
To sum up what I know it is while KIM has disappointed many he is no idiot. We should not have to worry about this but I have always had the thought in the back of my mind but remember KIM is seasoned in the market, the law, and with KBLB. Hopefully he knows what he's doing.
I'm sure others can provide much more concise information than this.