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Re: beartrap12 post# 45825

Thursday, 11/26/2015 10:51:57 PM

Thursday, November 26, 2015 10:51:57 PM

Post# of 701867
Great job! That is a perfect example of how they took something that is essentially true (patents were assigned to Meihl) but they conveniently leave out the rest of the story, leaving the reader with the impression they no longer own the patents.

BTW, sounds like a pretty common practice:

"Since the beginning of the tech boom of the mid-1990s and the ensuing ramp-up of patent application filings, companies have increasingly used their patent portfolios as the primary collateral to secure desired financing.

Indeed, for many of these companies, the patents may have been their only assets of potential value, especially in those cases where the company’s future was riding on a small team of employees, rented office space, a foosball table, a speculative business plan and the secured financing."
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