Replies to post #229031 on Kraig Biocraft Laboratories Inc (KBLB)

[abomination907]

Patent pending technology is a product with a patent application that's been filed and is under review. Until your patent application is approved, any manufacturer can use the basic concepts behind your product or technology. Patent pending technologies don't have patent infringement protection for inventors or owners.

But you’ll get a cease and desist letter or threatened with a lawsuit….oh no!

[DimesForShares]

Yes. A competitor would get a cease and desist letter. If they ignored the letter and a patent was never issued, KBLB couldn’t do anything about the matter.

Yes. If the patent was awarded, a lawsuit would be filed. The success or failure of the lawsuit would depend on the patent and the nature of the competitors product.

Remember: not all patent applications are successful. Not all infringement suits are successful. Right now, all KBLB could do if someone else began to produce spider silk in silkworms would be to send a letter. Sharply worded, I’m sure.

In stating that KBLB has patent protection, Thompson is implying they have a patent. They don’t. That is the deceptive nature of today’s PR.

KBLB has a long history of unsuccessful patent applications. Competitors may not be terribly concerned.

[ImjinBridger]

Not sure how much that mean to Mr. Wu in China. He would probably just feed it to his pigs.