Re: Royalties

Subject: Re: Re: Royalties

Comments:
: : Dear Sir : : I know that this is a difficult question. I am entering negotiaitions with a major manufacturer and they have expressed a strong interest in my product. What is the range of royalties i can expect for a consumer product that is similiar to a garage door opener? I had an independent business plan prepared and the plan reports state wholesale can be in the 100 to 200 million dollar range. : : Thanks : Dear Mr. Knapp, : If you have paid for the business plan, there is a likelihood that you could be in the hands of the scam artists who take $100M+ a year. One in ten thousand get back more than they pay. : Without a patent, the people with whom you say you are negotiating may be crazy to pay you anything, that is if they are for real and not part of a scam ploy. : M. Arthur Auslander : Auslander & Thomas-Intellectual Property Law Since 1909 : 505 Eighth Avenue, New York, NY 10018 : 212-594-6900, fax 212-244-0028, aus@auslander.com : ELAINE's Workshop (sm) : E arly L egal A dvice I s N ot E xpensive

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