Beware of Invention Promotion Scams!
Do you want to save yourself $10,000? That is about how much you will be paying those "invention assistance companies" you see on TV. Be very careful when dealing with them and the promises they make. I have read a number of agreements offered by these companies to inventors and all of them have many terms that are not in favor of the inventor. Yet every year many inventors will hand over thousands of their hard earned money to these "invention assistance companies" and get very little as a result. So what should you be looking for when you approach one of these companies? I would say body armor, but seriously here are some pointers:
Because of the number of inventors being taken by invention assistance companies the US government has written 35 USC 297 to protect inventors. 35 USC 297 is nice but it is best to talk with an attorney first before signing the agreement.
35 USC 297 allows you to ask the invention promoter the following:
Finally an attorney has certain ethical duties owed to their inventors. An invention promotion company owes no such ethical duties. An attorney who breaches their ethical duties to a client may lose their license to practice law in their state and to represent inventors before the patent office. Those licenses are very hard to get and represents years of hard work in school.
12/23/2017 01:59:23 pm
I am once a victim of a scammer and I lose money, time and effort. I am so stressed and I really freaked out when I knew about it. I hope that this thing could help me and a lot of people who were scammed and is in the process. I am so sad to hear how can people like they treat people so they can hurt them, so that they can get lots of their possession. I must say that money can be good, but not all of the time. It can cause people to hurt others for their own good.
4/2/2021 02:45:45 pm
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