Replies to post #142276 on Kraig Biocraft Laboratories Inc (KBLB)

[WebSlinger]

Nothing you included shows that my statement was incorrect.

The "second phase" was already built into the original contract. It was an "optional phase". They didn't change the original contract one bit.

You can see that even KBLB called it a contract "option":

U.S. Army Exercises Contract Option with Kraig Biocraft Laboratories awarding additional funding to Develop and Deliver Spider Silk Technology

https://www.kraiglabs.com/u-s-army-exercises-contract-option-with-kraig-biocraft-laboratories-awarding-additional-funding-to-develop-and-deliver-spider-silk-technology/

Here is a news article (dated Jul 2016) that shows that the option was already built into the original contract:

https://www.armytimes.com/news/your-army/2016/07/16/super-silk-worms-may-be-the-key-to-better-body-armor/

"The fully-funded contract of $99,962 covers delivery of ballistic shoot packs, which are roughly 15-inch squares of material, for lab testing. The materials from the Ann Arbor, Mich.,-based company are due in April of 2017; if the Army is intrigued by the testing it can exercise an option for a $1 million contract to tinker with applications as well as the material itself in order to better fit ballistic needs."

[bananarama]

Thanks for keeping KBLB news straight, organized, and close at hand, Truth....