InvestorsHub Logo
Followers 39
Posts 2702
Boards Moderated 0
Alias Born 09/20/2010

Re: Daytime_Lantern post# 59376

Saturday, 06/20/2015 10:05:44 PM

Saturday, June 20, 2015 10:05:44 PM

Post# of 68827
The same answers to the same questions, Lantern.

REVO's patents legitimacy were undergirded by the patent office when it rejected AF's attempt to file something similar.

No it wasn't. The USPTO issues patents or rejects patent applications. It issued a patent to Ron Carter, and rejected a similar application by Alarmforce.

REVO has a court case win under it's belt, as well.

No it doesn't. It has two cases that have been dismissed. It has no judgement in its favor.
Eyetalk365 and Alarmforce settled their suits against each other, and the matter was closed.

what could they possibly do to take advantage of their successes?

Its absence of success leaves REVO with limited possibilities. It has patents, but those patents have no proven commercial value. That absence of commercial value is reflected by the total absence of income from the sale, or licensing, of any products or patents.

Will this situation render their patents null-and-void?

No. The patents remain in existence. They may be rendered null and void if CPI continues to pursue their motion for dismissal. But nothing done by the SEC affects the status of the patents.

Does anybody know if Ali and/ Carter received yearly salaries (cash) from the company?

The company had no cash to pay the salaries that Carter and Ali awarded themselves. So they met their costs by selling promissory notes and shares.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.