Coffee Shoppe

[fast.money]

$FLXR Another NEWS OUT! FlexFridge Patented: USPTO Issued Patent No.: 9,217,598 for Foldable Refrigerator

http://finance.yahoo.com/news/flexfridge-patented-uspto-issued-patent-131200907.html

CHICAGO, IL / ACCESSWIRE / May 3, 2016 / FlexFridge Inc. (FLXR), The world's first foldable mini-fridge company announces the issuance by the USPTO of a patent covering the foldable refrigerator. FlexFridge is the patent owner of US Patent No: 9,217,598. FlexFridge is planning to create several different products based on the patent including mini-fridges, refrigerators, compressors and coolers. FlexFridge is working to bring the consumer version of the 4 cubic feet mini-fridge to the market. There are other claims that we will be able to license and use in the future.

The consumer version will be sold outright at retail stores or will be leased through the company's website. The Company believes that many users of the mini-fridge would only need the mini-fridge for a short period of time, a few days or a whole school year which is about 9 months. The consumer will rent the mini-fridge through the company's website, provide a deposit for the fridge, the company will ship the mini-fridge to the consumer and at the end of the rental period, the consumer will send back the fridge. The Company will then refund the deposit minus the rental fee. The company has already received some interest from the public.

FlexFridge will offer a series of flexible, mini-fridges that utilize wheels and a handle for transportation and mobility. Businesses, hotels, and individual consumers can make use of this portable mini-fridge for a variety of purposes, including: hotel guest rental, outdoor parties, and dorm rooms.

The FlexFridge is the first device of its kind. Its built-in rechargeable battery allows for up to eight hours of mobile refrigeration, and its gyroscopic compressor means it can be stored in any position and still function perfectly.

The patent was issued on December 22, 2015 and transfer to FlexFridge on December 31, 2015.

Those interested can see the FlexFridge for themselves at www.flexfridge.com and opt into the newsletter to stay up to date with the progress of the world's first foldable compact fridge.