Anyone want to invest money in patent idea?

**NOSSLP** · 09-12-2007, 06:30 PM

I had the best idea for a new product usable by any grocery and department store. The only problem is I don't have the funds to get a patent.

Anyone interested please let me know.

**ss~zoso~ss** · 09-12-2007, 06:32 PM

lol, here's the catch people are gonna want details about said patent, and therefore they can steal it / make it their own, idk if i'd turn to the net, try your close friends

just trying to give ya some friendly advice

**Blitzed** · 09-12-2007, 06:48 PM

Now I wanna know wtf it is!!!!!!!!!

**FSANE** · 09-12-2007, 08:19 PM

I'll give you $100 if I get $1,000,000 back.

**{FzS}BlacKMagicK** · 09-12-2007, 11:54 PM

NOSSLP, before you ever ask for backers on an invention, you patent it first, very easy to do, first and foremost, you must be able to draw a workable invention, it cannot be an idea only, it must be a tangible thing which will work, drawn out on paper, in the end it is not who got a copywrite first it's who got it to the Patent Ofiice first.

**02ultraZ** · 09-13-2007, 02:47 AM

Drawing it and creating a prototype may not be easy depending on what the new idea is.

**Sarge** · 09-13-2007, 03:05 AM

Son.....I own many patents.....long expensive process.....problem your gonna have raising any investment capital is this.....
1. How do you know it is unique enough to withstand the scrutiny of the patent office?
2. If it is found to be unique...how do you know there is a market for it and what are the cost analysis reflecting your manufacturing/distribution/packaging etc. cost and what the market will pay.
3.If this product is so unique how does it compare in a return on investment exercise with what is being utilized today?

You have to get a patent or the only "angel" investors that may play would own it anyway as the risk is phenomenal until you have the patent and have it already operational in the market and your needing growth capital. Just facts.

**NE98LS1** · 09-13-2007, 04:36 AM

i've got this great idea too for use in grocery stores too. it's these series of lines all tightly grouped together to for a box like structure. the thickness and spacing of these lines will vary from package to package and allow some sort of a scanner to read them, keeping individual information on these products such as name, size, and price on the product. this way, the cashier won't have to remember the price of hte product and manually type it in when a customer comes to buy one! i'm gonna be RITCH BITCH!

**1MileCrash** · 09-13-2007, 10:59 AM

Originally Posted by NE98LS1

i've got this great idea too for use in grocery stores too. it's these series of lines all tightly grouped together to for a box like structure. the thickness and spacing of these lines will vary from package to package and allow some sort of a scanner to read them, keeping individual information on these products such as name, size, and price on the product. this way, the cashier won't have to remember the price of hte product and manually type it in when a customer comes to buy one! i'm gonna be RITCH BITCH!

kinda like bar codes huh

**NOSSLP** · 09-13-2007, 12:40 PM

Originally Posted by Sarge

Son.....I own many patents.....long expensive process.....problem your gonna have raising any investment capital is this.....
1. How do you know it is unique enough to withstand the scrutiny of the patent office?
2. If it is found to be unique...how do you know there is a market for it and what are the cost analysis reflecting your manufacturing/distribution/packaging etc. cost and what the market will pay.
3.If this product is so unique how does it compare in a return on investment exercise with what is being utilized today?

You have to get a patent or the only "angel" investors that may play would own it anyway as the risk is phenomenal until you have the patent and have it already operational in the market and your needing growth capital. Just facts.

Sarge~

I was hoping you would chime in on this one.

Can you explain the process to me as to how to patent something, and/or point me in the right direction to find more info???

In other words, I have absolutely no idea how to go about it, and any info would be greatly appreciated!!!

**Sarge** · 09-13-2007, 01:19 PM

Don't buy into that bullshit of "do it yourself patent"....cuz it is bullshit. You will need an attorney who specializes in intellectual property. Most are degreed engineers with a law degree. They will research and write up your patent application. Those applications that come without a attorney don't go very far with the patent office and usually are summarily dismissed. An attorney is going to do all the research/write up the patent on the patent office forms ( will be 100000000 pages long)/file it/respond to all the questions and bullshit from the idiots at the patent office....then after about two years and $500,000 bucks....you may have your patent published....then some pole smoker will copy your shit in Japan and flood the market and there isn't shit you can do about it......so go build your "thing" and sell it......