Replies to post #181011 on Kraig Biocraft Laboratories Inc (KBLB)

[Hikingguy]

At the meeting a person asked specifically about patents.

Kim's answer did not leave me with the same impression as the previous post.


Kim did not get into specifics about the price.

He did mention how earlier patents are connected to universities with exclusive global rights for their technologies and exclusive commercialization rights.

But new discoveries created by Dr. Kane at Kraig Labs will be all Kraig's alone. They have already filed 5 provisional patent applications. And at the meeting Kim said that they were working on at least two or three special projects that Kim seemed very optimistic about.

So I am not concerned about anyone "simply" sealing and duplicating their work. Spider Silk is not like just any old company making another brand of Mac and Cheese.

[faithabides]

Kraig Biocraft Laboratories Files for Patent Protection of Dragon Silk

https://www.globenewswire.com/news-release/2015/08/19/761693/0/en/Kraig-Biocraft-Laboratories-Files-for-Patent-Protection-of-Dragon-Silk.html

Kraig Biocraft Laboratories Expands Intellectual Property Protection of Its Transgenic Silkworms and Recombinant Spider Silk Technology

August 19, 2015 06:05 ET | Source: Kraig Biocraft Laboratories, Inc.
LANSING, Mich., Aug. 19, 2015 (GLOBE NEWSWIRE) -- Kraig Biocraft Laboratories, Inc. (OTCQB:KBLB) (“Company”), the leading developer of advanced spider silk based fibers, announced that it, with the University of Notre Dame, filed two additional patents to strengthen its intellectual property protection surrounding its transgenic silkworms and spider silk technologies.

These patent applications are designed to protect the creation of the Kraig Labs transgenic silkworms and the resultant chimeric spider silk. The Company currently has open patent actions in 10 countries, including key silk producer and consumer nations.

“From our inception, Kraig Labs has remained dedicated to a spirit of innovation and refused to accept can’t as an answer,” said Company Founder and CEO, Kim Thompson. “This pursuit of the seemingly impossible led to a series of first of its kind inventions, including our recently announced Dragon Silk™ genetic line. The filling of these two additional patents seeks to protect the creativity and value of that work for Kraig Labs and our shareholders, and goes hand in hand with our commercial market development plans.”