Wednesday, January 7, 2015

Commercialization part 2

One of the functions of this blog is to give fairly current updates of what is happening with the Disruptive Wind saga. This may be extremely boring to friends or family not that interested. Hopefully you can spot these type of posts and ignore them. 
That said, here is more back and forth with the IP broker: IP: Intellectual Property (patents, etc,)

She replies:

Hi Peter,
I will try my best to answer your questions/concerns.

We don't advertise.  We aren't an invention promotion firm.  We don't help people or advise anyone to get patents.  We help after the fact. After the patent has been issued.  We are simply a brokerage firm that specializes in the commercialization of new technology. So the questions really don’t apply to our firm.

(1) The total number of inventions evaluated by the invention promoter for commercial potential in the past 5 years, as well as the number of those inventions that received positive evaluations, and the number of those inventions that received negative evaluations..  Our evaluations are for us only.  We’ve only been in business for 2 years and work with less than 5% of the patents we evaluate.  We invest our own money into the expenses so we are extremely selections.  We work with about 60-70 projects a year.
(2)The total number of customers who have contracted with the invention promoter in the past 5 years, not including customers who have purchased trade show services, research, advertising, or other non-marketing services from the invention promoter, or who have defaulted in their payment to the invention promoter.. We only have one program, we don’t do ala carte.  Again, we work with about 60-70 client per year.
(3)The total number of customers known by the invention promoter to have received a net financial profit as a direct result of the invention promotion services provided by such invention promoter.  Our success rate is just less than 10%
(4)The total number of customers known by the invention promoter to have received license agreements for their inventions as a direct result of the invention promotion services provided by such invention promoter. We license or sell just less than 10% of the patents we work with.
(5)The names and addresses of all previous invention promotion companies with which the invention promoter or its officers have collectively or individually been affiliated in the previous 10 years.

I think the next thing is to set up a phone call so I can tell you exactly what we do, and make myself available for your questions.  What is the best time for you?

Amy Schleicher
Director of Business Development

<contact info deleted>

I reply:

Hello Amy,
Sorry about the confusion,it was not immediately apparent you are an IP broker. Certainly, if you have strong interest on the buy side, you should consider adding me as a client as this innovation has already proven to be a real world success functionally. See this video: . This is our kit version prototype that simply attaches to an existing windsurf board. Naish International has expressed strong interest as a distribution channel worldwide for the kit version. It is very tempting to go for it all and go into manufacturing and grow the business organically. However, international patenting is very expensive and needs to start soon. Looking at Europatent and a half dozen other countries. PCT is already complete. Ignore the Russian BS opinion, you get what you pay for with ROSPATENT!  Anyway, I'm not even talking to companies right now as I am working on new videos (marketing, instructional, infomercial) and doing more product development using some new materials and ideas.I do not currently have a prototype ready for demo or shipment. Targeting mid February for prototypes and videos. Also, I do not have a business plan completed that can verify 1000% ROI for angel groups. I am open to an active investor, licensing, or outright sale. I do have future projects clamoring for attention! So to pass this off and getting back to more inventing would be great. 
I re-read your e-mail and see that you have only one program? Please send me a summary and I'll look at it. This should really be on your website, as well as write ups of your team members, success stories, and a lot more. All for now, thanks!   Peter Schulz / Disruptive Wind

1 comment:

  1. As you can see, I am still somewhat skeptical but am trying to keep an open mind. Certainly not going to give out my phone number just yet!