Patent Knowledge from a CONMAN..BEWARE

This is FUNNY. Mark Reyland talking about patents. Maybe he should seek help from some of the people that actually get their applications awarded by the USPTO. Reyland claims to have MANY patents of his own. Truth be known he has NONE.

Please be careful around this CONMAN he will steel your invention in a HEART BEAT claiming to be co-inventor..


http://adealwithmarkreyland.blogspot.com/?zx=e71411545843d58a

Monday, December 17

I have a patent...big deal

Not a day goes by I don't meet an inventor who tells me about their patent. Really, on airplanes, in meetings, presentations, even walking down the street. Thousands of them a year want to talk about the great patent they received on an invention they will never commercialize.

It has been said that an uncommercialized invention is a hobby, and a patented uncommercialied invention is an expensive hobby.

Why do these kind, hope filled inventors always want to go off and get a patent before they have a plan for making money back on their investment? It's simple economics isn't it? Doesn't it revolve around the principles of risk and return like any other investment?

The answer is yes, inventing is an exercise in risk and return just like any other commercial function that requires the exchange of currency. Simple - You do things in the process that will reduce your risk while maximizing your return.

So we get a patent, logically reducing the risk our idea will be ripped off, but greatly increasing the financial risk as we lay thousands of dollars on the line.

The inventor doesn't often think about the monetary risks because they are so focused on the ingrained paranoia of the process. The fact is that risk is risk, and in most cases (not all) the risk of getting ripped off is tiny compared to the level of risk you create when you dump money into something you will never end up commercializing.