Re: Re: Re: Marketing Co.

Subject: Re: Re: Re: Re: Marketing Co.

Comments:
: I'd like to jump in here to say that IP&R has had, according to their literature, some successes. How many those are in relationship to the numbers of inventors who they have received monies from is another issue (this should be questioned and the answers learned according to the following) : : The "Inventors Rights Act of 1999" (AIPA) in part requires invention promotion and submission companies provide inventors (paraphrased): : (1) written information about company practices and success rates BEFORE an inventor signs a contract. : (2) must inform inventors of total numbers of evaluations provided in the previous 5-yrs broken down by positive v. negative evaluations. : (3) must provide (a) numbers of inventors who contracted with them (b) numbers of inventors who received profits in excess of fees paid to them, and (c) numbers of inventors who entered into licensing agreements as a result of the promoter's services. : Go the www.uspto.gov to learn more about the Act and requirements. : Moving away from using other than yourself, I'd like to recommend you continue your personal search before resorting to any three-tiered payment/percentage option such as IP&R and others offer. However, if you decide -as so many inventors do - it is too hard to find names of potential licensees I'd suggest you only select firms "solely" focused on marketing products in your invention's field; consequently, such companies have established track records of contacts and proven successes they can demonstrate and, as attorney Auslander has said, they may not require funds be paid up-front. One hurdle however is due to the fact they know both market, pricing, needs, trends etc., they would more likely turn your product down than accept it if it fails to meet established criteria. : If you decide to brave the waters and continue 'on your own' consider reviewing your prior art patent search results. You may find an Assignee or two on the first page beside #73 (ASSIGNEE category). Not all assignees will be companies seeking issued patents or new products. They may have been incorporated by the inventor listed on line #76 to house his patent and/or manufacturing-marketing efforts. By doing a quick "keyword" (idiot search) I found several Assignees in the field of your invention that could be investigated to determine if they license-in, in the first place. Go to the above link and start your own search. : The above is just one simple way to locate potential licensees there are many, many others and none of them require you expend other than your own sweat to make contact. Once located issues become, what have you got other than your product or proto to corroborate your product's ability to improve a firm's bottomline and/or market share? (Forget your product my friend and focus on their needs. They will make it just fine without your product). : In closing I've no doubt you've not only received promotional materials from the above named firm but "standard" ambulance chasers too. You may find a few of them at www.inventored.org/caution/lists If a name is not on that list, more than likely they may be a good guy and/or be less than two-years old and have yet to have attention drawn to them. We know who they are however. As corroborating inventor complaints build-up and these are substantiated (unless firms have already been caught FTC or A/G stings) they too will be added. : : Regards : Penny Ballou

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