that worked out great
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03-18-2010, 09:37 AM #21Senior Member
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03-18-2010, 10:21 AM #22Senior Member
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- Sep 2006
The other thing is patent pending is not unlike the rattle of a rattlesnake. It's a warning that you're prepared to strike if threatened.
The reason we claim patent pending is to warn others that when they infringe on our idea they're are taking a serious risk. Because if and when we get a patent they are not only susceptible to being sued for infringing but all the profits they made and penalties for doing so.
If they see your idea and start producing it before you apply for the patent two very bad things happen. First is they can do it with impunity. Second, you can't get a patent.
Now they publish patent applications. But back in the day they didn't. So one of the games played was keeping the patent pending as long as possible. That way competitors wanting to find another way to skin the cat wouldn't know your claims and risked infringing if they brought out something similar.
03-18-2010, 05:14 PM #23at home:
2012 325 Trailblazer EFI with Excel power
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2000 XMT 304
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03-18-2010, 10:15 PM #24
Thanks again harv, yea that was kind of my thoughts on claiming it's 'patent pending'.
Given the nature of this device I think I need to show it around a bit to see if there's any interest in it all before I start investing thousands, and years of time on a patent. It's going to be relatively expensive to produce as well so I'm not sure if anyone else would be willing to lay out the cash for this thing.
So my thoughts are to produce a few more of these things, a half dozen at the most, then go around localy and guage the response on them, sell a few perhaps with that conditional contract you mentioned and if it looks like they might be some decent interest I'll start with the patent process. I'm still sifting through the US and canadian patents to find something similar. Hopefully by the end of summer I'll be going forward on this!
03-19-2010, 02:13 AM #25
If you take a good demo to a record company and they tell you they aren't interested and wish you luck with your song, don't be surprised in the least if you hear someone else singing it on the radio 6 months later!
When money is involved, people always find a way of screwing each other over.
If you need eye surgery, you don't go to a family doctor. You go to an eye surgeon. If have in intellectual property issue, you don't just go to any lawyer (unless you want to hasten the screwing process). You go to a lawyer specializing in intellectual property.
In the mean time, you might want to read the material here:
http://ocw.mit.edu/OcwWeb/Sloan-Scho...03/CourseHome/Equipped with red and blue... and red and green!
80% of failures are from 20% of causes
Never compromise your principles today in the name of furthering them in the future.
"All I ever wanted was an honest week's pay for an honest day's work." -Sgt. Bilko
"We are generally better persuaded by reasons we discover ourselves than by those given to us by others." -Pascal
"Since we cannot know all that there is to be known about anything, we ought to know a little about everything." -Pascal