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www.inveningconsultantcreator.net
Inventing Consultant Michael R. Thomas
Intellectual Property Conceptions and Problem Solving
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Collections and Reinvestments
Amnesty IP Payment and Reinvestment Program
“For Principal Intellectual Property Receivers and Profiting Secondary Business Partners”
Subject to the approval of the courts of such agreements and/or settlements as legal out-of-court settlements, in certain cases, we may be willing: For individuals who have received our intellectual materials and profited significantly with our without recognizing myself as being the inventor of their intellectual materials, we are offering a settlement option that includes the payment of monies that should have been negotiated in a partnership agreement before the filing of the patents or the sale of my intellectual material to others. While those selling the patents to others are essentially excluded since the amount they received usually represents 4% or less of the long term profits of the invention and their ability to pay in most circumstances will be impossible. However, for those who developed and marketed patents or developed products and started their own business, these options may be more viable. The uncertainty of the litigation concept regarding recoveries on these previously produced intellectual materials causes us to be willing to accept payments belated under the following conditions. Those individuals and or companies who have all of the profits after all expenses for the 14 to 20 year patent term may elect to pay 33% as a settlement of a reasonable percentage of profits that should have been paid to me under a partnership agreement. This provision is of course subject to reduced percentages of profit levels obtained yearly by the business are less than stated minimal profit level percentages as outlined in
our normal customer contract.
However, this does not apply to eventual sales price of the business which we feel should also be a 33 and 66% split. Also, those individuals who would like reinvest these funds in new patentable businesses may contact our office about this reinvestment option. For those individuals who have less money from the proceeds of their business sale or profits retention, you may still be able to obtain a new business startup invention at a higher percentage of partnership split than our standard split, 33% our company and 66% your company. We would also consider accepting an additional 33% of company stocks in situations where CEOs have vacated their positions and taken large amounts of money out of the country for the purpose of establishing unrecoverable venues and in these circumstances reinvest with the stock holder in order to improve the value of the company in compensation for the reduced values of the stock due to the stock creation.
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