Please reference Inventor, LLC's list of frequently asked questions (FAQs) and answers in the event your question may be addressed.
For real-time support please contact Inventor via phone, email or chat at the resources available upon this page. Or request a meet at https://www.inventor.llc/request-zoom-meet
Q: Does Inventor, LLC herein understood as "Inventor" submit its intellectual property to the United States Patent and Trademark Office (USPTO)?
A: Yes. Inventor LLC submits its intellectual property, "inventions", to the United States Patent and Trademark Office and works diligently to carry its invention submissions through prosecution toward allowance.
Q: Can Inventor's patent and patent-pending material be reviewed on the United States Patent and Trademark Office's website?
A: Yes. Inventor's patents and patent-pending material is made available by the United States Patent and Trademark Office on the USPTO's official website at www.uspto.gov. Key in the relevant patent number or patent-pending number to review the material.
Q: How can I communicate with Inventor in reference to an inquiry about its intellectual property?
A: Inventor provides a submission form(s) for inquiries on its Homepage and internal website pages for inquiries into its intellectual property. Note: Terms and Condition must be accepted prior to form submissions. As well, Inventor currently utilizes remote conferencing for real-time live communications only after a submission is reviewed and a conference schedule is requested by an inquirer and agreed upon by Inventor. In the event you are requesting a real time live conference, audio or audio-visual please indicate such request on your submission. Inventor with return your communication and a date and time will be set for communication. Be certain to include what conference platform is preferable on your behalf. Inventor ordinarily utilizes Google Meet at: https://meet.google.com/csg-xsao-eix. However, by providing a submission, and/or request does not guarantee a conference, and Inventor assumes no obligation to provide such conference. Please be advised Inventor makes every effort to entertain conference requests and will, to the best of its ability, respond to the inquirer about the potential of a conference.
Q: Does Inventor produce intellectual property for outside parties?
A: Inventor is currently engaged in the production and marketing of its own intellectual property. At this time, Inventor does not provide its services of intellectual property production to outside parties. However, should an outside party wish to inquiry about retaining Inventor to review, and based on review of an intellectual property project, produce intellectual property, the outside party is invited to communicate with Inventor's General Counsel at robert.coghlan@inventor.llc. (Solicitation submissions to this communication channel are strictly prohibited.) All parties making submission(s) are understood to make such submission(s) voluntarily and is/are free of any legal encumbrance such as, though not limited to, a duty of confidentiality or obligation to a third party. Based on a review of the proposed project (submission), Inventor and the outside party may or may not engage in further communication in reference to forming a contractual interest and working toward production of the outside party's intellectual property project. Note: Inventor, by means of an outside party's inquiry does not ascent to collaborating on the proposed project and is not considered obligated to respond to inquiries. As well, a submitting party should not submit confidential material and should do so only with a United States Patent and Trademark Office registered intellectual property attorney. For further interest into Inventor's legal policies, please review Inventor's "Legal Framework".
Q: How does Inventor value its intellectual properties?
A: Inventor first defines the range of scope of an intellectual property (IP) asset, then initially applies three (3) methodological valuation metrics to determine the intellectual property's value: 1) Income method, 2) Market method, 3) Cost method. Based upon the range and scope of the IP asset, an understanding of the economy at large, the IP's field of endeavor, a long-felt need for the implementation and practice of the IP, and a review of a particular business sector's historical and recent performance in terms of, among other critical metrics, a trend analysis of supply and demand, Inventor initially determines a valuation of an IP asset. As a greater balance of Inventor's IP assets are notably involved with solving and/or mitigating problems pertaining to complex social issues, Inventor as well reviews the state of such social issues and through a process of intuitive understanding of how an IP asset addresses such social issues, a further data point of determination of valuation is integrated into the aforementioned three (3) methodological valuation metrics to determine an IP asset's valuation. In light of Inventor's integration of the application of three (3) methodological valuation metrics as quantitative data, and a review of how the IP asset addresses a social issue as qualitative data, a final valuation of an IP asset is determined.
Q: What industries are Inventor's IP assets direct toward?
A: Inventor recognizes that the nature of an IP asset provides for its claims to be practiced by an entity within its field of endeavor. Given the nature of an IP asset and the ability of a party outside of the field of the IP's endeavor, or 'industry', to which the IP is most closely related, and such party's desire to purchase the IP asset for the purpose of its practice and commercial exploitation by purchasing it then re-marketing or forming licensing agreements with entities that are within the IP's industry; Inventor provides its IP assets to an expansive set of prospective suitors for the purpose of securing a contract with a suitor that would, for the purpose of practice and commercial exploitation, purchase the IP asset and practice its claims so its social issue may be addressed. Effectually, Inventor realizes that while a prospective purchase of an IP asset may be within the industry to which the IP's claims are practiced, a party within another industry may purchase and hold the IP asset and its rights and exploit its technology as they see fit. For reasons such as these, Inventor makes its IP assets available for purchase to a broad spectrum of potential purchasers.
Q: Does Inventor sell and/or license its IP assets?
A: Inventor sells and licenses its IP assets. When inquiring about Inventor’s IP, please review its pricing, inclusive of taxation schedules and transfer and recordation and legal fees prior to submitting an acquisition inquiry. Regarding licensing, and with an effort offer potential suitors of Inventor's IP viable entry points in order to practice and exploit the technology in its IP, and in an effort to bring Inventor’s IP to market and be practiced for the social problem it addresses, a licensing agreement may be reviewed by Inventor from a party submitting an inquiry about licensing Inventor's IP. When submitting an IP inquiry, a party with interest in a licensing agreement should submit their licensing agreement and/or indicated such a licensing agreement will be sought and submitted at a later date by the submitting party. However, no binding agreement is understood as to be secured by virtue of a party submitting such licensing agreement interest in their inquiry and Inventor is not obligated to review and respond to such an inquiry. And, all parties making their own licensing inquiries are understood to make such inquiries voluntarily. Inventor may review such party's licensing agreement, and when taken up for review by Inventor, the terms and conditions of such agreement will be considered in ongoing communications between Inventor and the party submitting the licensing agreement.
Q: Does Inventor retain legal counsel?
A. Yes. Inventor retains legal counsel in the form of Florida Bar Board Certified Intellectual Property Attorneys. Inventor's principal intellectual property legal counsel is, Mr. Christopher J Van Dam, PA., a State of Florida licensed patent attorney registered with the United States Patent and Trademark Office as a Florida Bar Board Certified attorney who practices in the areas of patents, trademarks, service-marks, copyrights, trade secret protection, licensing and related litigation.
Q: Does Inventor provide prototypes of its IP assets?
A: No. In light of Inventor's IP being engaged in large-scale socially applicable claim practice, Inventor provides illustrations and associated literature that illustrates and describes how its IP assets function. As to such cause, when inquiries are received by Inventor by those inquiring into its IP, Inventor, where requested, provides further illustration, literature and communication in order to clearly illustrate how a preferred embodiment of its IP functions. Illustrations may include a simplistic mock-up demonstration in proxy of a prototype. Demonstrations may be pre-recorded in video format or virtual and live in real-time or a suitable format of Inventor's choice for relating the requested information. When inquiring into Inventor's IP and further illustration is desired, please specify that a demonstration is desired, and where possible, Inventor, at Inventor's discretion, will provide such demonstration.
Q: Does Inventor conduct business in a physical and/or virtual format?
A: Inventor conducts business in a virtual format utilizing virtual audio-visual tele-conferencing platforms, notably;
Google Meet at:
https://meet.google.com/csg-xsao-eix
When inquiring about Inventor's IP please specify a date, time and duration.
Q: What are the Taxes, Transfer, Legal and Recordation Fees involved in the transfer of IP from Inventor to a purchaser?
A: Inventor Articles of Organization were filed in the State of Florida, Division of Corporations - P.O. Box 6327
- Tallahassee, FL 32314 USA on February 26, 2021, with an assigned document number L21000094928. Accordingly, per the State of Florida Department of Revenue, transfers of IP are subject to applicable tax schedules set forth by the State of Florida, USA. Federal tax schedules imposed by the United States of America.
Q:What are Inventor's hours of operation?
A: Inventor's hours of operation are M-F 9-5 EST, excluding Federal holidays. Additionally, when Inventor is fully engaged in the proces of producing and marketing intellectual property, response times may be extended.