Endexx Corp (EDXC)

[1vman]

In response to your EDXC PR...I think it important that this company take note of a possible patent infringement on the ERBB/Robert Tomassi patent #6,711,465...

I would think that AG attorneys might want to take note of statements and claims in the PR put out today of such statements such as "The Autospense technology differentiates itself from competitors in many ways, including the use of ID and biometric thumbprints for identification. In addition, the technology includes built-in support for regulatory measures, such as printing receipts with batch numbers and labeling that's required under Colorado law."

Also, I would think that the statement "the company has made tremendous progress in working with a leading law firm and Colorado's MED in addressing the major client concerns about adoption" will be an important statement, as well, as there might be some legal client concerns about possible patent infringement on the ERBB/Tomassi patents... JMHO, of course, FWIW


From the patent:

http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.htm&r=1&f=G&l=50&s1=6,711,465.PN.&OS=PN/6,711,465&RS=PN/6,711,465

This very first sentence of the patent says it all…”Vending machine having a biometric verification system for authorizing the sales of regulated products.” THIS MEANS ABSOLUTE, COMPLETE PROPRIETARY RIGHTS FOR ALL SALES OF REGULATED PRODUCTS. I read this to mean that if anyone that tries to sell regulated products such as Marijuana, or other types of governmentally regulated products, or methods of dispersion, will infringement of the patent rights that ERBB just purchased from the holder of the patent. Anyone that wants to sell regulated products, such as MJ edibles, medicinals, etc., will have to seek specific licensing agreements with AG.

Also, it is important to note that these patents are international, and AG controls all rights in the world for dispersion of any kind of regulated products such as MJ. This could open up the door for major investment capital for AG.
This is a game changer, as something as powerful as proprietary patent rights increases the worth, and respectability of AG.