Replies to post #212647 on Kraig Biocraft Laboratories Inc (KBLB)

[jealmc79]

“Additionally, there are no clauses that GUARANTEE monies beyond the 250K, in the event KBLB fails to produce...”

Well the good news is, this isn’t a military contract that requires 100% purity. All MK needs is a product that is part spider for their SpydaSilk brand and also be able to claim that it is a green product that is going to save the planet. Should be a lot easier to fulfill the contract.

[want2retire]

The premise is based on KBLB not being able to produce. IMO, parties do not agree to a $40M contract on a “maybe” or “let’s see what happens”.

There are those far more in the know. Reputations are on the line well beyond KBLB at this point. They are not signing contracts and announcing deals unless they KNOW they can deliver.

It does not matter what we think when it comes to signing contracts, it matters what the parties involve think. They are comfortable enough to move FORWARD. That works for me.

More to come..

Tick tock...

W2R