Quote:
Originally Posted by GordonJ
portable water falls electric generator. (Yep, still working on that one, when Oil hits 125 a barrel, I'm thinking the venture capitalists will come running)...
I've been pharting around with "inventions" for a long time...thinking a portable, or even an effective electric generator that is water powered, no damn or river needed, would find a good market.
OR you can acquire a TOLL POSITION, and for someone, here is your opportunity of a lifetime...
Just when I thought I had seen it all...
http://www.freepatentauction.com/patent.php?nb=1390
AND you can negotiate the price too
gjabiz
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Gordon, i talked to that guy about a month ago every since you pulled my coattail to that site as well as 4 or 5 others on there. He told me that he is getting calls from all over the place and that a deal is coming soon.
I offered him a 10% royalty for 5yrs with ownership of patent being sold to me at that time for a TBD price(based on sales) OR a flat 15k with $500 down with balance due in 60 days so we can do "due dilgence". Oh, the $500 is not due until after the "due dilgence" period.
That part for me is pretty simple, the part i am stuck at is where do we go from here? I would think that the next place to go is to big distributors of that type of product(which i did) and put it out there. As of yet, no dice!
That is why I am chomping at the bit Gordon, to get started on the Brody materials and hence my email to you about calling in the calvary.
Here is one another patent that i like:
http://www.freepatentauction.com/patent.php?nb=1405
However, somehow i get the feeling that this maybe one of the industries that Brody says to stay away from.
Thank You Phil, for the great resource on getting new patents as they are realeased. I am just in awe of some of the resources that you come up with.
At this point Phil i think that i want to have your Baby!
Jim