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So, any insider can let a public company, like UOIP, get delisted to pocket all the settlement money and leave out the shareholders and nothing can be done about it in our legal system? I don't think so. That is what corporate laws are for.
This is just as odd as someone telling me to provide proof that the settlement in the UOIP vs. COX trial was in fact between UOIP and COX when that information has been posted on this board many times so far.
Obviously, there is a reason that the name of the plaintiff(s) and defendant(s) are clearly listed in trials.
The UOIP vs.COX trial daily report was even posted on this board by a couple of the shareholders that attended that trial.
The CONTENT of your post about UOIP patent ownership is irrelevant to the UOIP infringement lawsuit and therefore worthless to UOIP shareholders. Here is why.
1. The ownership of the UOIP patents that are expired did NOT need to exchange hands after UOIP launched its infringement lawsuit against the 13 companies and successfully forced COX to settle in the first trial of the 13. ...Why?
2. As COX trial settlement clearly showed us, the lawsuit was about the valuation of the INFRINGEMENT of the UOIP patents IN THE PAST. We read extensively about the valuation ranges on this board.
3. COX trial was the first of the 13 companies that were mentioned in UOIP Infringement lawsuit. COX trial ended abruptly in the second day of the trial in which UOIP was awarded $125 million dollars. THE $125 million was the result of the COX trial settlement! It had nothing to do with the settlement of ALL 13 companies
4. The trial of the other 12 companies also abruptly stopped. So, UOIP shareholders do not know the status of the UOIP settlement with the other 12 companies YET.
5. The Judge just allowed UOIP shareholders' legal team to have access to ALL documents in the case.
6. What happened to the status of the settlement with the other 12 defendants? We will find out soon!
Incorrect. If Fair Fund determined that someone had OWCP capital gain during the specified period that they mentioned, that person would NOT receive any settlement check and will NOT receive any 1099 form either so there wouldn't be any worries about paying taxes.
On the other hand, anyone who receives a check must have shown LOSS for that period that Fair Fund had specified and since Fair Fund does not pay more than what the person has already lost (actually usually settlement pay is a fraction of actual loss) then there is not capital gain here!
Now, if someone receives a 1099 form for OWCP, it could be for the way Fair Fund structured this settlement or for something different from what is discussed here.
We will find out soon!
Happy to help here.
The quote below is a classic mouth-turd FUD. If this information had had any value, we would not have seen the 13-company and specifically Cox lawsuit.
The lawsuit was mainly about the infringement value of using the technology IN THE PAST! Plenty of information has been posted about that lawsuit and how it was abruptly ended in favor of the plaintiffs.
Talking about patent expiration and "not sold" is nothing but a diversion bullshit at this point.
"The last of the patents expired in 2020. And they were not sold."
The CONTENT of your post is horse manure.
It is hard for me to believe clerk had that kind of the shareholder money with her. Did you count the money to make sure she is telling the truth?
The CONTENT of your post is made-up bullshit.
It Deependz. Doz Et Reely Materr in Fantasyland?
Duz It Reely Materr in fantasyland?
dozit rieli materr?
"Billy and Deirdre go Christmas shopping"
I really don't care what Billy and Deirdre are doing these days. But, in the spirit of the holidays, I promise to fill that blue cup in the picture with a HOT Chestnut Java Double Shot coffee when I get my share of UOIP settlements ... cause it seems there is not much billable-hour mAnny coming in these days.
Not enough billable-hour mAnny in that cup to get a chair these day? No worries. Shareholders will come to rescue soon when they get their fair share of the settlementS!
ZW...I am talking about the missed opportunity for the shareholders to tell Carter about the concerns of the shareholders when you met him in the court.
"Considering the lack of diversity anywhere in these two courtroons, it was easily established that it could be Billy Carter, if you know what I mean. Looked like him, not sure though. He looked over at ZWM at a point-she waived at him-no response. HMMM, waited to the next break and called out his name-answered, and went over to introduce myself and ZWM. He is a very tall, slim well dressed man with a pleasant southern type politeness. And you can tell there are no flies on him-very self confident type. Remarked to him that we had spoken by phone a couple of times and he remembered me somewhat, or was polite, not sure which. Asked if he was here for the whole trial-yes. Asked if I might get a chance to talk to him sometime during the trial-ok, but will wait and see about that. Made a remark that he was a bit mysterious in all of this and people would like to know more about you. Said not too mysterious, but conversation trailed off as he left with others upstairs for testimony from Bob Stine. First contact established."
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163952433&txt2find=Zombywolf%20Report
ZW...What UOIP did or didn't regarding an international patent was not the topic of the discussion here.
I just happened to debunk the following false claims about PCT's international patent protection:
1. False claim: PCT is just a "placeholder". ........NO....It is THE major step to seek international protection for any inventor's patent.
2. Fact: PCT applications do NOT have to be filed in each foreign country.
Talking about the PCT international application for UOIP, do you think it would have made a difference if you had told Carter what shareholders would have expected him to do for them ... in the only golden opportunity that you had after a court session when you got a chance to talk to him in person in court...instead of just inviting him for an after court dinner that many shareholders probably expected he would not show up to?
Only Fantasyland can deny WIPO's purpose that has been clearly stated by the organization as seen below...which obviously means PCT is not just a "placeholder".
Without a PCT, a patent cannot be protected internationally...Not even in Fantasyland
Among things to learn from WIPO:
"The PCT is used by the world’s major corporations, research institutions, and universities when they seek international patent protection."
"The PCT makes it possible to seek patent protection for an invention"
Glad I could help.
https://www.wipo.int/pct/en/faqs/faqs.html
PCT FAQs
Protecting your Inventions Abroad: Frequently Asked Questions About the Patent Cooperation Treaty (PCT)
(status on April 2020)
INTRODUCTION
These frequently asked questions about the Patent Cooperation Treaty (PCT) outline the PCT procedure from an applicant’s perspective. For specific questions, further information and contact points, see Question 29.
Overview of the PCT System
1) What is the Patent Cooperation Treaty (PCT)?
The PCT is an international treaty with more than 150 Contracting States.1 The PCT makes it possible to seek patent protection for an invention simultaneously in a large number of countries by filing a single “international” patent application instead of filing several separate national or regional patent applications. The granting of patents remains under the control of the national or regional patent Offices in what is called the “national phase”.
The PCT procedure includes:
Filing: you file an international application with a national or regional patent Office or WIPO, complying with the PCT formality requirements, in one language, and you pay one set of fees.
International Search: an “International Searching Authority” (ISA) (one of the world’s major patent Offices) identifies the published patent documents and technical literature (“prior art”) which may have an influence on whether your invention is patentable, and establishes a written opinion on your invention’s potential patentability.
International Publication: as soon as possible after the expiration of 18 months from the earliest filing date, the content of your international application is disclosed to the world.
Supplementary International Search (optional): a second ISA identifies, at your request, published documents which may not have been found by the first ISA which carried out the main search because of the diversity of prior art in different languages and different technical fields.
International Preliminary Examination (optional): one of the ISAs at your request, carries out an additional patentability analysis, usually on a version of your application which you have amended in light of content of the written opinion.
National Phase: after the end of the PCT procedure, usually at 30 months from the earliest filing date of your initial application, from which you claim priority, you start to pursue the grant of your patents directly before the national (or regional) patent Offices of the countries in which you want to obtain them.
2) How do I protect my invention in several countries?
Patents are territorially limited. In order to protect your invention in multiple countries you have a few options:
(a) Direct or Paris route: you can directly file separate patent applications at the same time in all of the countries in which you would like to protect your invention (for some countries, regional patents may be available) or, having filed in a Paris Convention country (one of the Member States of the Paris Convention for the Protection of Industrial Property), then file separate patent applications in other Paris Convention countries within 12 months from the filing date of that first patent application, giving you the benefit in all those countries of claiming the filing date of the first application (see Question 11);
(b) PCT route: you can file an application under the PCT, directly or within the 12-month period provided for by the Paris Convention from the filing date of a first application, which has legal effect in all Contracting States of the PCT.
Comparison of Paris and PCT Route
3) Who uses the PCT?
The PCT is used by the world’s major corporations, research institutions, and universities when they seek international patent protection. It is also used by small and medium sized enterprises (SMEs) and individual inventors. The PCT Newsletter contains a yearly list of the largest PCT filers PDF.
FILING
4) What is the effect of an international patent application?
In general terms, your international patent application, provided that it complies with the minimum requirements for obtaining an international filing date, has the effect of a national patent application (and certain regional patent applications) in or for all PCT Contracting States. Moreover, if you comply with certain formal requirements set out in the Treaty and Regulations, which are binding on all of the PCT Contracting States, subsequent adaptation to varying national (or regional) formal requirements (and the cost associated therewith) will not be necessary.
5) Who has the right to file an international patent application under the PCT?
You are entitled to file an international patent application if you are a national or resident of a PCT Contracting State. If there are several applicants named in the international application, only one of them needs to comply with this requirement.
6) Where can I file my international patent application?
You can file an international patent application, in most cases, with your national patent Office, or directly with WIPO if permitted by your State’s national security provisions. Both of those Offices act as PCT “receiving Offices”. If you are a national or resident of a country which is party to the ARIPO Harare Protocol, the OAPI Bangui Agreement, the Eurasian Patent Convention or the European Patent Convention, you may alternatively file your international patent application with the regional patent Office concerned, if permitted by the applicable national law.
7) Can I file PCT applications electronically?
In the vast majority of cases, applicants file PCT applications electronically. You can file PCT applications electronically with any competent receiving Offices which accepts such filings. Preparing the PCT application using the WIPO web service (ePCT-filing) or the software provided by WIPO (PCT-SAFE) (IB recommends use of ePCT) helps you to prepare your applications by automatically validating the entered data and drawing your attention to incorrectly or inconsistently completed parts. Moreover, it helps you to manage your applications, for example, with monitoring time limits for relevant actions. You are also entitled to certain PCT fee reductions when filing electronically. More details about PCT electronic filing can be found at www.wipo.int/pct-safe/en/.
8) What are the costs associated with the filing and processing of an international application under the PCT? What are the costs for entering the national phase?
PCT applicants generally pay three types of fees when they file their international applications:
(a) an international filing fee of 1,330 Swiss francs2,
(b) a search fee which can vary from approximately 150 to 2,000 Swiss francs2 depending on the ISA chosen, and
(c) a small transmittal fee which varies depending on the receiving Office.
Because an international patent application is effective in all PCT Contracting States, you do not incur, at this stage in the procedure, the costs that would arise if you prepared and filed separate applications at national and regional Offices. Further information about PCT fees can be obtained from the receiving Offices, the Fee Tables, the PCT Applicant’s Guide and the PCT Newsletter (see Question 29).
The fees you will need to pay as you enter the national phase represent the most significant pre-grant costs. They can include fees for translations of your application, national (or regional) Office filing fees and fees for acquiring the services of local patent agents or attorneys. In several Offices however, national filing fees are lower for international patent applications than they are for direct national applications in recognition of the work already done during the international phase. You should also remember that in the case of all granted patents, whether or not the PCT is used to obtain them, you will need to pay maintenance fees in each country in order to keep the patents alive.
9) Are there any fee reductions available under the PCT?
PCT fee reductions are available to all applicants who file electronically, based on the type of filing and the format of the application submitted (see Question 7).
In addition, to encourage the use of the PCT System by applicants from developing countries fee reductions of 90% for certain fees, including the international filing fee, are available to natural persons, filing in their own right.3 This same 90% reduction applies to any person, whether a natural person or not, who is a national of and resides in a State that is classed as a least developed country by the United Nations. If there are several applicants, each must satisfy those criteria.
Some ISAs also provide for a reduction of the international search fee if the applicant or applicants are nationals or residents from certain countries (see Annex D of the PCT Applicant’s Guide).
Some national or regional Offices provide for fee reductions for natural persons, universities, not-for-profit research institutes and small and medium-sized enterprises (SMEs) for the fees you will need to pay as you enter the national phase (see respective National Chapters of the PCT Applicant’s Guide).
10) How long does the PCT process take?
You have, in most cases, up to an additional 18 months from the time you file your international patent application (or usually 30 months from the filing date of the initial patent application of which you claim priority – see Question 11) before you have to begin the national phase procedures with individual patent Offices and to fulfill the national requirements (see Question 26).
This additional time can be useful for evaluating the chances of obtaining patents and exploiting your invention commercially in the countries in which you plan to pursue patent protection, and for assessing both the technical value of your invention and the continued need for protection in those countries.
It is important to note, however, that you do not have to wait for the expiration of 30 months from the earliest filing date of your patent application (“priority date”) before you enter the national phase – you can always request an early entry into the national phase.
Since, in the national phase, each patent Office is responsible for examining your application in accordance with national or regional patent laws, regulations and practices, the time required for the examination and grant of a patent varies across patent Offices.
11) What does it mean to “claim priority” of an earlier patent application?
Generally, patent applicants who wish to protect their invention in more than one country usually first file a national or regional patent application with their national or regional patent Office, and within 12 months from the filing date of that first application (a time limit set in the Paris Convention, see Question 2), they file their international application under the PCT.
The effect of claiming the priority of an earlier patent application is that a patent shall not be invalidated by reasons of any acts accomplished in the interval, such as another filing, the publication or sale of the invention.
12) In what languages can an international patent application be filed?
You can file an international patent application in any language which the receiving Office accepts. If you file your application in a language which is not accepted by the ISA that is to carry out the international search, you will be required to furnish a translation of the application for the purposes of international search. Receiving Offices are, however, obliged to accept filings in at least one language which is both a language accepted by the competent ISA that is to carry out the international search (see Question 13) and a “publication language”, that is, one of the languages in which international patent applications are published (Arabic, Chinese, English, French, German, Japanese, Korean, Portuguese, Russian and Spanish). You therefore always have the option of filing your international patent application in at least one language from which no translation is required for either PCT international search or publication purposes.
INTERNATIONAL SEARCH
13) Which Office will carry out the international search of my PCT application?
The following have been appointed by the PCT Contracting States as International Searching Authorities (ISAs): the national Offices of Australia, Austria, Brazil, Canada, China, Chile, Egypt, Finland, India, Israel, Japan, the Philippines, the Republic of Korea, the Russian Federation, Singapore, Spain, Sweden, Turkey, Ukraine and the United States of America, and the following regional Offices, the European Patent Office, the Nordic Patent Institute and the Visegrad Patent Institute. The availability of a particular ISA to the nationals or residents of a country is determined by the receiving Office where the international application was filed. Some receiving Offices provide a choice of more than one competent ISA. If your receiving Office is one of those, you can choose any one of them, taking into account differing requirements relating to language, fees, etc..
14) What is a PCT international search?
A PCT international search is a high quality search of the relevant patent documents and other technical literature in those languages in which most patent applications are filed (Chinese, English, German and Japanese, and in certain cases, French, Korean, Russian and Spanish). The high quality of the search is assured by the standards prescribed in the PCT for the documentation to be consulted, and by the qualified staff and uniform search methods of the ISAs, which are all experienced patent Offices. The results are published in an international search report and a written opinion of the ISA on the potential patentability of your invention (see Questions 15 and 18).
15) What is an international search report?
The international search report consists mainly of a listing of references to published patent documents and technical journal articles which might affect the patentability of the invention disclosed in the international application. The report contains indications for each of the documents listed as to their possible relevance to the critical patentability questions of novelty and inventive step (non-obviousness). Together with the search report, the ISA prepares a written opinion on patentability, which will give you a detailed analysis of the potential patentability of your invention (see Question 18). The international search report and the written opinion are sent to you by the ISA.
16) What is the value of the international search report?
The report enables you to evaluate your chances of obtaining patents in PCT Contracting States. An international search report which is favorable, that is, in which the documents (prior art) cited would appear not to prevent the grant of a patent, assists you in the further processing of your application in those countries in which you wish to obtain protection. If a search report is unfavorable (for example, if it lists documents which challenge the novelty and/or inventive step of your invention), you have the opportunity to amend the claims in your international patent application (to better distinguish your invention from those documents), and have them published, or to withdraw the application before it is published.
17) Will an international search be carried out for all international applications?
As a rule, an international search is carried out for all international applications. There are instances, however, where the ISA will not be able to carry out a search. For example, where the international application relates to subject matter which the ISA is not required to search or if the description, claims or drawings are not sufficiently clear for it to carry out a meaningful search. In such cases, the ISA will issue a declaration that no international search report will be issued.
There are also circumstances where the ISA will issue a partial search report. This can occur when, in the view of the ISA, the international application contains multiple inventions but the applicant has not paid additional search fees to cover the work required to search those additional invention(s).
18) What is the written opinion of the International Searching Authority?
For every international application, the ISA will establish, at the same time that it establishes the international search report, a preliminary and non-binding opinion on whether the invention appears to meet the patentability criteria in light of the search report results. The written opinion, which is sent to you together with the international search report, helps you understand and interpret the results of the search report with specific reference to the text of your international application, being of special help to you in evaluating your chances of obtaining a patent. The written opinion is made available to the public at the same time as the application.
If you do not request international preliminary examination (see Question 23), the written opinion will form the basis of the international preliminary report on patentability (IPRP Chapter I) which will be provided, together with its English translation at the end of the international phase to the national (or regional) patent Offices; the decision on the granting of a patent remains the responsibility of each of the national or regional Offices in which you enter the national phase; the IPRP (Chapter I) should be considered by the Offices but is not binding on them.
SUPPLEMENTARY INTERNATIONAL SEARCH
19) What is the PCT supplementary international search?
Supplementary international search permits the applicant to request, in addition to the international search (the “main international search”), one or more supplementary international searches each to be carried out by an ISA other than the ISA which carried out the main international search. The additional search has the potential of reducing the risk of new patent documents and other technical literature being discovered in the national phase since, by requesting supplementary search the applicant can enlarge the linguistic and/or technical scope of the documentation searched.
20) What is the supplementary international search report?
The supplementary international search report is generally similar in content and appearance to the main international search report; it contains a listing of references to patent documents and other technical literature which may affect the patentability of the invention claimed in the international application. However, it does not repeat documents which have already been cited in the international search report, unless this is necessary because of new relevance when read in conjunction with other documents discovered during the supplementary international search. On occasion, the supplementary international search report may contain more detailed explanations than those in the main international search report. This is due to the fact that, unlike the main international search, no written opinion is established with the supplementary international search report, and these additional details are helpful for a full understanding of the references listed.
INTERNATIONAL PUBLICATION
21) What does international publication under the PCT consist of?
WIPO publishes the international application shortly after the expiration of 18 months from the priority date (if it has not been withdrawn earlier), together with the international search report. PCT international applications are published online on PATENTSCOPE, a powerful, fully searchable database with flexible, multilingual interfaces and translation tools to assist users and the public in understanding the content of published applications..
22) Can third parties access documents contained in the file of the international application? If so, when?
Until international publication (18 months after the priority date), no third party is allowed access to your international application unless you as applicant request or authorize it. If you wish to withdraw your application (and you do so before international publication), international publication does not take place and, as a consequence, no access by third parties is permitted. However, when international publication occurs, certain documents in the international application file are made available on PATENTSCOPE together with the published international application, for example, the written opinion of the ISA and any informal comments on the written opinion.
INTERNATIONAL PRELIMINARY EXAMINATION
23) What is international preliminary examination?
International preliminary examination is a second evaluation of the potential patentability of the invention, using the same standards on which the written opinion of the ISA was based (see Question 18). If you wish to make amendments to your international application in order to overcome documents identified in the international search report and conclusions made in the written opinion of the ISA, international preliminary examination provides the only possibility to actively participate in the examination process and potentially influence the findings of the examiner before entering the national phase – you can submit amendments and arguments and are entitled to an interview with the examiner. At the end of the procedure, an international preliminary report on patentability (IPRP Chapter II) will be issued.
The International Preliminary Examining Authorities (IPEAs) which carry out the international preliminary examination are the ISAs mentioned above (see Question 13). For a given PCT application, there may be one or more competent IPEAs; your receiving Office can supply details or you may consult the PCT Applicant’s Guide and the PCT Newsletter.
24) What is the value of the international preliminary report on patentability (Chapter II)?
The IPRP (Chapter II) which is provided to you, to WIPO and to the national (or regional) patent Offices, consists of an opinion on the compliance with the international patentability criteria of each of the claims which have been searched. It provides you with an even stronger basis on which to evaluate your chances of obtaining patents, in most cases on an amended application, and, if the report is favorable, a stronger basis on which to continue with your application before the national and regional patent Offices. The decision on the granting of a patent remains the responsibility of each of the national or regional Offices in which you enter the national phase; the IPRP (Chapter II) should be considered by the Offices but is not binding on them.
NATIONAL PHASE
25) How do I enter the national phase?
It is only after you have decided whether, and in respect of which States, you wish to proceed further with your international application that you must fulfill the requirements for entry into the national phase. These requirements include paying national fees and, in some cases, filing translations of the application. These steps must be taken, in relation to the majority of PCT Contracting States’ patent Offices, before the end of the 30th month from the priority date. There may also be other requirements in connection with the entry into the national phase – for example, the appointment of local agents. More general information on national phase entry can be found in the PCT Applicant’s Guide, National Phase, and specific information concerning fees and national requirements can be found in the national chapters for each PCT Contracting State in the same Guide.
26) What happens to my application in the national phase?
Once you have entered the national phase, the national or regional patent Offices concerned begin the process of determining whether they will grant you a patent. Any examination which these Offices may undertake should be made easier by the PCT international search report and the written opinion and even more by an international preliminary examination report.
FURTHER INFORMATION
27) What is the role of WIPO in the PCT?
WIPO administers the PCT. It also serves as Secretariat to member States bodies such as the PCT Assembly, the PCT Working Group and the Meeting of International Authorities. Further, for each PCT application filed, WIPO is responsible for:
– receiving and storing all application documents;
– performing a formality examination;
– publishing the international application on WIPO’s online database PATENTSCOPE;
– publishing data about the PCT application as prescribed in the Treaty and Regulations;
– translating various portions of the PCT application and certain associated documents into English and/or French, where necessary;
– communicating documents to Offices and third parties; and
– providing legal advice on request to Offices and users.
WIPO also:
– provides overall coordination of the PCT System;
– provides assistance to existing, new and potential Contracting States and their Offices;
– provides advice on implementing the PCT in the national legislation and on setting up internal procedures in the Contracting States’ patent Offices;
– publishes the PCT Applicant’s Guide and the PCT Newsletter;
– creates and disseminates PCT information via the PCT website, webinars, and through telephone and e-mail assistance; and
– organizes and gives PCT seminars and training courses.
28) What are the advantages of the Patent Cooperation Treaty?
The PCT System has many advantages for you as an applicant, for the patent Offices and for the general public:
(a) you have up to 18 months more than if you had not used the PCT to reflect on the desirability of seeking protection in foreign countries, to appoint local patent agents in each foreign country, to prepare the necessary translations and to pay the national fees;
(b) if your international application is in the form prescribed by the PCT, it cannot be rejected on formal grounds by any PCT Contracting State patent Office during the national phase of the processing of the application;
(c) the international search report and written opinion contain important information about the potential patentability of your invention, providing a strong basis for you to make business decisions about how to proceed;
(d) you have the possibility during the optional international preliminary examination to amend the international application, enter into dialogue with the examiner to fully argue your case and put the application in order before processing by the various national patent Offices;
(e) the search and examination work of patent Offices in the national phase can be considerably reduced thanks to the international search report, the written opinion and, where applicable, the international preliminary report on patentability that accompany the international application;
(f) you may be able to fast-track examination procedures in the national phase in Contracting States that have PCT-Patent Prosecution Highway (PCT-PPH) agreements or similar arrangements;
(g) since each international application is published together with an international search report, third parties are in a better position to evaluate the potential patentability of the claimed invention;
(h) for you as an applicant, international publication online puts the world on notice of your invention. You may also highlight your interest in concluding licensing agreements on PATENTSCOPE, which can be an effective means of advertising and looking for potential licensees;
(i) you also achieve other savings in document preparation, communication and translations because the work done during the international processing is generally not repeated before each Office (for example, you submit only one copy of the priority document instead of having to submit several copies); and
(j) if your invention appears to be not patentable at the end of the international phase, you may abandon the PCT application and you will have saved the costs you would otherwise have incurred by directly seeking protection in foreign countries, appointing local patent agents in each foreign country, preparing the necessary translations and paying the national fees.
Ultimately, the PCT:
– brings the world within reach;
– streamlines the process of fulfilling diverse formality requirements;
– postpones the major costs associated with seeking multinational patent protection;
– provides a strong basis for patenting decisions; and
– is used by the world’s major corporations, research institutions and universities when they seek multinational patent protection.4
29) Where can I find out more about the PCT?
On the PCT website and in the various PCT publications you will find information in various language versions, including:
– PCT Applicant’s Guide;
– PCT Newsletter (monthly);
– PCT Highlights;
– Learn the PCT Video Series;
– PCT Distance Learning Course;
– Seminars; and
– PCT Webinars
If you are considering filing an international patent application under the PCT, you are advised to consult a qualified patent attorney or agent in your country, and/or your national or regional patent Office.
PCT Information Service (for general questions about the PCT):
Telephone: (41 22) 338 83 38
E-mail: pct.infoline@wipo.int
For filing international applications directly with WIPO, please contact:
World Intellectual Property Organization
PCT Receiving and Processing Section
34, chemin des Colombettes
CH-1211 Geneva 20, Switzerland
Telephone: (41 22) 338 92 22
E-mail: ro.ib@wipo.int
Website address: www.wipo.int/pct/en/filing/filing.html
ePCT
WIPO IP Portal
So, I am right that PCT is not just a "placeholder" for patents . It is for the protection of international patents.
Fact: PCT is about International Patent Protection
Bullshit: PCT is just a placeholder
https://www.wipo.int/pct/en/faqs/faqs.html
PCT FAQs
Protecting your Inventions Abroad: Frequently Asked Questions About the Patent Cooperation Treaty (PCT)
(status on April 2020)
INTRODUCTION
These frequently asked questions about the Patent Cooperation Treaty (PCT) outline the PCT procedure from an applicant’s perspective. For specific questions, further information and contact points, see Question 29.
Overview of the PCT System
1) What is the Patent Cooperation Treaty (PCT)?
The PCT is an international treaty with more than 150 Contracting States.1 The PCT makes it possible to seek patent protection for an invention simultaneously in a large number of countries by filing a single “international” patent application instead of filing several separate national or regional patent applications. The granting of patents remains under the control of the national or regional patent Offices in what is called the “national phase”.
The PCT procedure includes:
Filing: you file an international application with a national or regional patent Office or WIPO, complying with the PCT formality requirements, in one language, and you pay one set of fees.
International Search: an “International Searching Authority” (ISA) (one of the world’s major patent Offices) identifies the published patent documents and technical literature (“prior art”) which may have an influence on whether your invention is patentable, and establishes a written opinion on your invention’s potential patentability.
International Publication: as soon as possible after the expiration of 18 months from the earliest filing date, the content of your international application is disclosed to the world.
Supplementary International Search (optional): a second ISA identifies, at your request, published documents which may not have been found by the first ISA which carried out the main search because of the diversity of prior art in different languages and different technical fields.
International Preliminary Examination (optional): one of the ISAs at your request, carries out an additional patentability analysis, usually on a version of your application which you have amended in light of content of the written opinion.
National Phase: after the end of the PCT procedure, usually at 30 months from the earliest filing date of your initial application, from which you claim priority, you start to pursue the grant of your patents directly before the national (or regional) patent Offices of the countries in which you want to obtain them.
2) How do I protect my invention in several countries?
Patents are territorially limited. In order to protect your invention in multiple countries you have a few options:
(a) Direct or Paris route: you can directly file separate patent applications at the same time in all of the countries in which you would like to protect your invention (for some countries, regional patents may be available) or, having filed in a Paris Convention country (one of the Member States of the Paris Convention for the Protection of Industrial Property), then file separate patent applications in other Paris Convention countries within 12 months from the filing date of that first patent application, giving you the benefit in all those countries of claiming the filing date of the first application (see Question 11);
(b) PCT route: you can file an application under the PCT, directly or within the 12-month period provided for by the Paris Convention from the filing date of a first application, which has legal effect in all Contracting States of the PCT.
Comparison of Paris and PCT Route
3) Who uses the PCT?
The PCT is used by the world’s major corporations, research institutions, and universities when they seek international patent protection. It is also used by small and medium sized enterprises (SMEs) and individual inventors. The PCT Newsletter contains a yearly list of the largest PCT filers PDF.
FILING
4) What is the effect of an international patent application?
In general terms, your international patent application, provided that it complies with the minimum requirements for obtaining an international filing date, has the effect of a national patent application (and certain regional patent applications) in or for all PCT Contracting States. Moreover, if you comply with certain formal requirements set out in the Treaty and Regulations, which are binding on all of the PCT Contracting States, subsequent adaptation to varying national (or regional) formal requirements (and the cost associated therewith) will not be necessary.
5) Who has the right to file an international patent application under the PCT?
You are entitled to file an international patent application if you are a national or resident of a PCT Contracting State. If there are several applicants named in the international application, only one of them needs to comply with this requirement.
6) Where can I file my international patent application?
You can file an international patent application, in most cases, with your national patent Office, or directly with WIPO if permitted by your State’s national security provisions. Both of those Offices act as PCT “receiving Offices”. If you are a national or resident of a country which is party to the ARIPO Harare Protocol, the OAPI Bangui Agreement, the Eurasian Patent Convention or the European Patent Convention, you may alternatively file your international patent application with the regional patent Office concerned, if permitted by the applicable national law.
7) Can I file PCT applications electronically?
In the vast majority of cases, applicants file PCT applications electronically. You can file PCT applications electronically with any competent receiving Offices which accepts such filings. Preparing the PCT application using the WIPO web service (ePCT-filing) or the software provided by WIPO (PCT-SAFE) (IB recommends use of ePCT) helps you to prepare your applications by automatically validating the entered data and drawing your attention to incorrectly or inconsistently completed parts. Moreover, it helps you to manage your applications, for example, with monitoring time limits for relevant actions. You are also entitled to certain PCT fee reductions when filing electronically. More details about PCT electronic filing can be found at www.wipo.int/pct-safe/en/.
8) What are the costs associated with the filing and processing of an international application under the PCT? What are the costs for entering the national phase?
PCT applicants generally pay three types of fees when they file their international applications:
(a) an international filing fee of 1,330 Swiss francs2,
(b) a search fee which can vary from approximately 150 to 2,000 Swiss francs2 depending on the ISA chosen, and
(c) a small transmittal fee which varies depending on the receiving Office.
Because an international patent application is effective in all PCT Contracting States, you do not incur, at this stage in the procedure, the costs that would arise if you prepared and filed separate applications at national and regional Offices. Further information about PCT fees can be obtained from the receiving Offices, the Fee Tables, the PCT Applicant’s Guide and the PCT Newsletter (see Question 29).
The fees you will need to pay as you enter the national phase represent the most significant pre-grant costs. They can include fees for translations of your application, national (or regional) Office filing fees and fees for acquiring the services of local patent agents or attorneys. In several Offices however, national filing fees are lower for international patent applications than they are for direct national applications in recognition of the work already done during the international phase. You should also remember that in the case of all granted patents, whether or not the PCT is used to obtain them, you will need to pay maintenance fees in each country in order to keep the patents alive.
9) Are there any fee reductions available under the PCT?
PCT fee reductions are available to all applicants who file electronically, based on the type of filing and the format of the application submitted (see Question 7).
In addition, to encourage the use of the PCT System by applicants from developing countries fee reductions of 90% for certain fees, including the international filing fee, are available to natural persons, filing in their own right.3 This same 90% reduction applies to any person, whether a natural person or not, who is a national of and resides in a State that is classed as a least developed country by the United Nations. If there are several applicants, each must satisfy those criteria.
Some ISAs also provide for a reduction of the international search fee if the applicant or applicants are nationals or residents from certain countries (see Annex D of the PCT Applicant’s Guide).
Some national or regional Offices provide for fee reductions for natural persons, universities, not-for-profit research institutes and small and medium-sized enterprises (SMEs) for the fees you will need to pay as you enter the national phase (see respective National Chapters of the PCT Applicant’s Guide).
10) How long does the PCT process take?
You have, in most cases, up to an additional 18 months from the time you file your international patent application (or usually 30 months from the filing date of the initial patent application of which you claim priority – see Question 11) before you have to begin the national phase procedures with individual patent Offices and to fulfill the national requirements (see Question 26).
This additional time can be useful for evaluating the chances of obtaining patents and exploiting your invention commercially in the countries in which you plan to pursue patent protection, and for assessing both the technical value of your invention and the continued need for protection in those countries.
It is important to note, however, that you do not have to wait for the expiration of 30 months from the earliest filing date of your patent application (“priority date”) before you enter the national phase – you can always request an early entry into the national phase.
Since, in the national phase, each patent Office is responsible for examining your application in accordance with national or regional patent laws, regulations and practices, the time required for the examination and grant of a patent varies across patent Offices.
11) What does it mean to “claim priority” of an earlier patent application?
Generally, patent applicants who wish to protect their invention in more than one country usually first file a national or regional patent application with their national or regional patent Office, and within 12 months from the filing date of that first application (a time limit set in the Paris Convention, see Question 2), they file their international application under the PCT.
The effect of claiming the priority of an earlier patent application is that a patent shall not be invalidated by reasons of any acts accomplished in the interval, such as another filing, the publication or sale of the invention.
12) In what languages can an international patent application be filed?
You can file an international patent application in any language which the receiving Office accepts. If you file your application in a language which is not accepted by the ISA that is to carry out the international search, you will be required to furnish a translation of the application for the purposes of international search. Receiving Offices are, however, obliged to accept filings in at least one language which is both a language accepted by the competent ISA that is to carry out the international search (see Question 13) and a “publication language”, that is, one of the languages in which international patent applications are published (Arabic, Chinese, English, French, German, Japanese, Korean, Portuguese, Russian and Spanish). You therefore always have the option of filing your international patent application in at least one language from which no translation is required for either PCT international search or publication purposes.
INTERNATIONAL SEARCH
13) Which Office will carry out the international search of my PCT application?
The following have been appointed by the PCT Contracting States as International Searching Authorities (ISAs): the national Offices of Australia, Austria, Brazil, Canada, China, Chile, Egypt, Finland, India, Israel, Japan, the Philippines, the Republic of Korea, the Russian Federation, Singapore, Spain, Sweden, Turkey, Ukraine and the United States of America, and the following regional Offices, the European Patent Office, the Nordic Patent Institute and the Visegrad Patent Institute. The availability of a particular ISA to the nationals or residents of a country is determined by the receiving Office where the international application was filed. Some receiving Offices provide a choice of more than one competent ISA. If your receiving Office is one of those, you can choose any one of them, taking into account differing requirements relating to language, fees, etc..
14) What is a PCT international search?
A PCT international search is a high quality search of the relevant patent documents and other technical literature in those languages in which most patent applications are filed (Chinese, English, German and Japanese, and in certain cases, French, Korean, Russian and Spanish). The high quality of the search is assured by the standards prescribed in the PCT for the documentation to be consulted, and by the qualified staff and uniform search methods of the ISAs, which are all experienced patent Offices. The results are published in an international search report and a written opinion of the ISA on the potential patentability of your invention (see Questions 15 and 18).
15) What is an international search report?
The international search report consists mainly of a listing of references to published patent documents and technical journal articles which might affect the patentability of the invention disclosed in the international application. The report contains indications for each of the documents listed as to their possible relevance to the critical patentability questions of novelty and inventive step (non-obviousness). Together with the search report, the ISA prepares a written opinion on patentability, which will give you a detailed analysis of the potential patentability of your invention (see Question 18). The international search report and the written opinion are sent to you by the ISA.
16) What is the value of the international search report?
The report enables you to evaluate your chances of obtaining patents in PCT Contracting States. An international search report which is favorable, that is, in which the documents (prior art) cited would appear not to prevent the grant of a patent, assists you in the further processing of your application in those countries in which you wish to obtain protection. If a search report is unfavorable (for example, if it lists documents which challenge the novelty and/or inventive step of your invention), you have the opportunity to amend the claims in your international patent application (to better distinguish your invention from those documents), and have them published, or to withdraw the application before it is published.
17) Will an international search be carried out for all international applications?
As a rule, an international search is carried out for all international applications. There are instances, however, where the ISA will not be able to carry out a search. For example, where the international application relates to subject matter which the ISA is not required to search or if the description, claims or drawings are not sufficiently clear for it to carry out a meaningful search. In such cases, the ISA will issue a declaration that no international search report will be issued.
There are also circumstances where the ISA will issue a partial search report. This can occur when, in the view of the ISA, the international application contains multiple inventions but the applicant has not paid additional search fees to cover the work required to search those additional invention(s).
18) What is the written opinion of the International Searching Authority?
For every international application, the ISA will establish, at the same time that it establishes the international search report, a preliminary and non-binding opinion on whether the invention appears to meet the patentability criteria in light of the search report results. The written opinion, which is sent to you together with the international search report, helps you understand and interpret the results of the search report with specific reference to the text of your international application, being of special help to you in evaluating your chances of obtaining a patent. The written opinion is made available to the public at the same time as the application.
If you do not request international preliminary examination (see Question 23), the written opinion will form the basis of the international preliminary report on patentability (IPRP Chapter I) which will be provided, together with its English translation at the end of the international phase to the national (or regional) patent Offices; the decision on the granting of a patent remains the responsibility of each of the national or regional Offices in which you enter the national phase; the IPRP (Chapter I) should be considered by the Offices but is not binding on them.
SUPPLEMENTARY INTERNATIONAL SEARCH
19) What is the PCT supplementary international search?
Supplementary international search permits the applicant to request, in addition to the international search (the “main international search”), one or more supplementary international searches each to be carried out by an ISA other than the ISA which carried out the main international search. The additional search has the potential of reducing the risk of new patent documents and other technical literature being discovered in the national phase since, by requesting supplementary search the applicant can enlarge the linguistic and/or technical scope of the documentation searched.
20) What is the supplementary international search report?
The supplementary international search report is generally similar in content and appearance to the main international search report; it contains a listing of references to patent documents and other technical literature which may affect the patentability of the invention claimed in the international application. However, it does not repeat documents which have already been cited in the international search report, unless this is necessary because of new relevance when read in conjunction with other documents discovered during the supplementary international search. On occasion, the supplementary international search report may contain more detailed explanations than those in the main international search report. This is due to the fact that, unlike the main international search, no written opinion is established with the supplementary international search report, and these additional details are helpful for a full understanding of the references listed.
INTERNATIONAL PUBLICATION
21) What does international publication under the PCT consist of?
WIPO publishes the international application shortly after the expiration of 18 months from the priority date (if it has not been withdrawn earlier), together with the international search report. PCT international applications are published online on PATENTSCOPE, a powerful, fully searchable database with flexible, multilingual interfaces and translation tools to assist users and the public in understanding the content of published applications..
22) Can third parties access documents contained in the file of the international application? If so, when?
Until international publication (18 months after the priority date), no third party is allowed access to your international application unless you as applicant request or authorize it. If you wish to withdraw your application (and you do so before international publication), international publication does not take place and, as a consequence, no access by third parties is permitted. However, when international publication occurs, certain documents in the international application file are made available on PATENTSCOPE together with the published international application, for example, the written opinion of the ISA and any informal comments on the written opinion.
INTERNATIONAL PRELIMINARY EXAMINATION
23) What is international preliminary examination?
International preliminary examination is a second evaluation of the potential patentability of the invention, using the same standards on which the written opinion of the ISA was based (see Question 18). If you wish to make amendments to your international application in order to overcome documents identified in the international search report and conclusions made in the written opinion of the ISA, international preliminary examination provides the only possibility to actively participate in the examination process and potentially influence the findings of the examiner before entering the national phase – you can submit amendments and arguments and are entitled to an interview with the examiner. At the end of the procedure, an international preliminary report on patentability (IPRP Chapter II) will be issued.
The International Preliminary Examining Authorities (IPEAs) which carry out the international preliminary examination are the ISAs mentioned above (see Question 13). For a given PCT application, there may be one or more competent IPEAs; your receiving Office can supply details or you may consult the PCT Applicant’s Guide and the PCT Newsletter.
24) What is the value of the international preliminary report on patentability (Chapter II)?
The IPRP (Chapter II) which is provided to you, to WIPO and to the national (or regional) patent Offices, consists of an opinion on the compliance with the international patentability criteria of each of the claims which have been searched. It provides you with an even stronger basis on which to evaluate your chances of obtaining patents, in most cases on an amended application, and, if the report is favorable, a stronger basis on which to continue with your application before the national and regional patent Offices. The decision on the granting of a patent remains the responsibility of each of the national or regional Offices in which you enter the national phase; the IPRP (Chapter II) should be considered by the Offices but is not binding on them.
NATIONAL PHASE
25) How do I enter the national phase?
It is only after you have decided whether, and in respect of which States, you wish to proceed further with your international application that you must fulfill the requirements for entry into the national phase. These requirements include paying national fees and, in some cases, filing translations of the application. These steps must be taken, in relation to the majority of PCT Contracting States’ patent Offices, before the end of the 30th month from the priority date. There may also be other requirements in connection with the entry into the national phase – for example, the appointment of local agents. More general information on national phase entry can be found in the PCT Applicant’s Guide, National Phase, and specific information concerning fees and national requirements can be found in the national chapters for each PCT Contracting State in the same Guide.
26) What happens to my application in the national phase?
Once you have entered the national phase, the national or regional patent Offices concerned begin the process of determining whether they will grant you a patent. Any examination which these Offices may undertake should be made easier by the PCT international search report and the written opinion and even more by an international preliminary examination report.
FURTHER INFORMATION
27) What is the role of WIPO in the PCT?
WIPO administers the PCT. It also serves as Secretariat to member States bodies such as the PCT Assembly, the PCT Working Group and the Meeting of International Authorities. Further, for each PCT application filed, WIPO is responsible for:
– receiving and storing all application documents;
– performing a formality examination;
– publishing the international application on WIPO’s online database PATENTSCOPE;
– publishing data about the PCT application as prescribed in the Treaty and Regulations;
– translating various portions of the PCT application and certain associated documents into English and/or French, where necessary;
– communicating documents to Offices and third parties; and
– providing legal advice on request to Offices and users.
WIPO also:
– provides overall coordination of the PCT System;
– provides assistance to existing, new and potential Contracting States and their Offices;
– provides advice on implementing the PCT in the national legislation and on setting up internal procedures in the Contracting States’ patent Offices;
– publishes the PCT Applicant’s Guide and the PCT Newsletter;
– creates and disseminates PCT information via the PCT website, webinars, and through telephone and e-mail assistance; and
– organizes and gives PCT seminars and training courses.
28) What are the advantages of the Patent Cooperation Treaty?
The PCT System has many advantages for you as an applicant, for the patent Offices and for the general public:
(a) you have up to 18 months more than if you had not used the PCT to reflect on the desirability of seeking protection in foreign countries, to appoint local patent agents in each foreign country, to prepare the necessary translations and to pay the national fees;
(b) if your international application is in the form prescribed by the PCT, it cannot be rejected on formal grounds by any PCT Contracting State patent Office during the national phase of the processing of the application;
(c) the international search report and written opinion contain important information about the potential patentability of your invention, providing a strong basis for you to make business decisions about how to proceed;
(d) you have the possibility during the optional international preliminary examination to amend the international application, enter into dialogue with the examiner to fully argue your case and put the application in order before processing by the various national patent Offices;
(e) the search and examination work of patent Offices in the national phase can be considerably reduced thanks to the international search report, the written opinion and, where applicable, the international preliminary report on patentability that accompany the international application;
(f) you may be able to fast-track examination procedures in the national phase in Contracting States that have PCT-Patent Prosecution Highway (PCT-PPH) agreements or similar arrangements;
(g) since each international application is published together with an international search report, third parties are in a better position to evaluate the potential patentability of the claimed invention;
(h) for you as an applicant, international publication online puts the world on notice of your invention. You may also highlight your interest in concluding licensing agreements on PATENTSCOPE, which can be an effective means of advertising and looking for potential licensees;
(i) you also achieve other savings in document preparation, communication and translations because the work done during the international processing is generally not repeated before each Office (for example, you submit only one copy of the priority document instead of having to submit several copies); and
(j) if your invention appears to be not patentable at the end of the international phase, you may abandon the PCT application and you will have saved the costs you would otherwise have incurred by directly seeking protection in foreign countries, appointing local patent agents in each foreign country, preparing the necessary translations and paying the national fees.
Ultimately, the PCT:
– brings the world within reach;
– streamlines the process of fulfilling diverse formality requirements;
– postpones the major costs associated with seeking multinational patent protection;
– provides a strong basis for patenting decisions; and
– is used by the world’s major corporations, research institutions and universities when they seek multinational patent protection.4
29) Where can I find out more about the PCT?
On the PCT website and in the various PCT publications you will find information in various language versions, including:
– PCT Applicant’s Guide;
– PCT Newsletter (monthly);
– PCT Highlights;
– Learn the PCT Video Series;
– PCT Distance Learning Course;
– Seminars; and
– PCT Webinars
If you are considering filing an international patent application under the PCT, you are advised to consult a qualified patent attorney or agent in your country, and/or your national or regional patent Office.
PCT Information Service (for general questions about the PCT):
Telephone: (41 22) 338 83 38
E-mail: pct.infoline@wipo.int
For filing international applications directly with WIPO, please contact:
World Intellectual Property Organization
PCT Receiving and Processing Section
34, chemin des Colombettes
CH-1211 Geneva 20, Switzerland
Telephone: (41 22) 338 92 22
E-mail: ro.ib@wipo.int
Website address: www.wipo.int/pct/en/filing/filing.html
ePCT
WIPO IP Portal
It is only a google search away to know the total number of companies in the world is over 200 million. Only a small percent have little to no debt. ABQQ is one of them. Hard to grasp in Fantasyland.
approximately 213.65 million companies
Number of companies worldwide 2000-2020
There were estimated to be approximately 213.65 million companies worldwide in 2020, slightly fewer than in 2019 when there were 214.21 million, which was also an estimated peak for global company numbers in the provided time period.Sep 3, 2021
Looks like CompuStat report just debunked another Fantasyland Accounting Department's nonsense and worthless claim against the company! It even catches Lucy by surprise!
"ABQQ has no debt
ABQQ does a better job of collecting its accounts receivable than any other company in the Application Software group".
CompuStat Analysis of ABQQ
Exhibitions are not cheap. ABQQ can make a lot of money per year by hosting the Artwork of those 200 Chinese Artists at the theater that is near Chinatown...year round. Company can make A LOT more than the rent, repair, etc. if they are planning for the Art Exhibitions too.
It is important to realize that these big numbers were in this ANALYSIS that was done 20 years ago! I bet cost of Exhibitions are much higher these days. Imagine how many times they can offer Exhibitions there in a year!
"• For the 73 art exhibitions, the average cost was $90,000, while for the 77 non-art
exhibitions the average cost was nearly $450,000.
• The average cost per sq. ft.7
for the art exhibitions was $19.40 (SD $14.91;
median $16.50), while the average for the non-art exhibitions was $91.89 (SD
$127.65; median $50).8
• The average size for the art exhibitions was 4,200 sq. ft. and for the non-art
exhibitions 3,400 sq. ft."
https://www.si.edu/content/opanda/docs/rpts2002/02.08.costsfundingexhibitions.final.pdf
It seems the company's NFT MMM subsidiary (acquired some time ago), in partnership with the owner of the "Amazing Data" Sci-Fi movie, is offering the movie as an NFT option so everyone can buy a piece of it on the ABQQ's NFT MMM platform.
We don't know the details of the financial terms of the contract, of course, which is in line with the business practice of almost any company in the world. The financial terms are usually confidential by nature. But, the company's financial reports will show the financial impacts of such business transactions in the future.
"the company’s NFT MMM, one of the world's fastest and leading movie NFT marketplaces, partners with Movie Sci-fi 'Amazing Data'. Through this partnership, the Amazing Data Movie NFT's drop will be made available to NFT MMM's users on the platform starting in April 2022.
NFT MMM-based buyers will partly own IP rights and revenues of the Sci-fi movie 'Amazing Data', by owning its NFT drops."
I cannot believe I missed this PR from company! I updated the Intro page (Ibox) too.
AB INTL GROUP Announces Movie Sci-Fi ‘Amazing Data’ on Movie NFT Drop on Its NFT MMM in April 2022
March 29, 2022
NEW YORK, March 29, 2022 (GLOBE NEWSWIRE) -- AB International Group Corp. (OTCQB: ABQQ), an intellectual property (IP) and movie investment and licensing firm today announced the company’s NFT MMM, one of the world's fastest and leading movie NFT marketplaces, partners with Movie Sci-fi 'Amazing Data'. Through this partnership, the Amazing Data Movie NFT's drop will be made available to NFT MMM's users on the platform starting in April 2022.
NFT MMM-based buyers will partly own IP rights and revenues of the Sci-fi movie 'Amazing Data', by owning its NFT drops.
Keith Cordio, CEO at NFT MMM, said, "Amazing Data's NFT is an impeccable model of film industry new opportunities, it's a revolutionary model that will 'de-risk, add-convince' and transform the entire film industry. They are merging film, NFTs, DeFi, gaming, and the Metaverse in this wave of transmedia evolution giving NFT MMM users opportunities to be both art collectors and producers."
Chiyuan Deng, AB’s Chief Executive Officer, stated, "AB will be generated a new and profitable revenue stream of transaction fee immediately following NFT MMM partners with 'Amazing Data' movie NFT's drop. AB is inspiring fusion synergic effect of movie and NFT."
You bet. Thank YOU for sharing that the theater is close to the China Town. It is very helpful information to share with the board.
Realtor said in addition to the movies, the company is going to get into the distribution of some art work.
Close proximity of the place to China Town makes it a perfect place to share the work of 200 Chinese Artists Network...the company have been spending time (and money) on some repair/renovation there for a while now.
It would be interesting to see what kind of monetary arrangement ABQQ will have with those Artists. Is it going to be a commission based or company just buys their work and sell it themselves at these events? Or, it is a different type of arrangement.
Indeed, as I said before, it could very well be a part of the company's plan for the movie theater knowing that they are planning to have some art-type functions and events there (most likely using the 200 Chinese Artists' work) there...according to the realtor.
“The Mt. Kisco Movie Theatre will be …
Christina Martabano, who posted about the development for the venue at 144 E. Main St., said Friday that the operator has signed a lease and would be revealed as soon as next week. Movie screenings will be the primary focus but the facility may also host other types of events, she said.
“… it’s somebody who wants to get involved in distribution and I think some other art-type functions there,” Martabano said.
https://www.theexaminernews.com/operator-signs-lease-to-re-open-mt-kisco-movie-theatre/
Cool that you live near the movie theater. Yes, 5 movie screens and 420 seats in the real world but... only 35 in a Fantasyland smoke blowing nonsense claim.
ABQQ will be showing its own movies and its own Art work exhibitions/sales of the NETWORK of 200 Chinese Artists entity, that $ABQQ recently acquired, in its own theater soon!
Company's movie theater is in Mt. Kisco, New York!
Just a word of caution about using the FantasyLand's Map app. That map is always pointing to LaLa Land and that is why it cannot find this town on the map. I know you know this already. I just wanted to share it with the board.
But, the picture shows the movie theater was popular before pandemic. It busts the fantasyland's BS about the location of the theater.
Theater is re-opening soon after major renovations.
"Mount Kisco is one of Westchester's most vibrant communities. Approximately 3 square miles, it is geographically small, but it delivers big. Located 43 miles from New York City, it is easily commutable by train or car, though there is little need to ever leave as Mount Kisco is known as a premier destination for shopping, fine dining, entertainment, and award-winning medical care. Boutiques, bistros, and a movie theater line the walkable downtown.."
“The Mt. Kisco Movie Theatre will be …
Christina Martabano, who posted about the development for the venue at 144 E. Main St., said Friday that the operator has signed a lease and would be revealed as soon as next week. Movie screenings will be the primary focus but the facility may also host other types of events, she said.
“… it’s somebody who wants to get involved in distribution and I think some other art-type functions there,” Martabano said.
https://www.theexaminernews.com/operator-signs-lease-to-re-open-mt-kisco-movie-theatre/
Sad but true. I glance at the board once every couple of days now mainly because Fantasyland jokes are boring and not entertaining any more....I read the board every day again when we hear more news from the company.
If I didn't have ABQQ shares I wouldn't waste a minute of my precious life on the board...common sense.
Your clip can be watched just fine in the real world. But, it seems the internet connection is no good deep down in Atlantis these days.
Hi Ping, I know you knew about the company's stock purchase. You are on top of the company news. I just wanted to share that with board that it was the company that bought 10 million shares at 0.0138 as there was no mention of it on the board that day (I typed 2/28 instead of 2/18 inadvertently)
But, the good news is...company is still captivating...even Lucy with no share is following the company's news closely every day!
Have a great day.