Replies to post #51346 on Kraig Biocraft Laboratories Inc (KBLB)

[manshoon1]

We WILL get a LoI.

You MAY.

We WILL get a LoI but will it bind our client to a purchase or will it be a "One of these days we may buy some silk if our customer wants it" thing you see in the OTC all the time.

LOI's arent governed by contract law. If an LOI, you'd want to see one from both parties.

We will call it a typical pinky LOI if it is a typical pinky LOI.

[igotthemojo]

loi's are a dime a dozen in pennyland...lets see if kim says anything about the loi or simply falls back on the nda as an excuse for simply putting out a fresh carrot with no meat...