Saturday, December 26, 2020 4:02:34 PM
Or is the plan to license the technology to an established exercise equipment company (Peloton, Soul, NordicTrack) if a patent is awarded?”
It seems you were not aware of CLMBR’s patent application at the time of this post, but your second paragraph is on the mark.
IMO, if CAVR’s patent is awarded ahead of CLMBR’s, the company should either sell the IP to CLMBR or an established exercise equipment company (Peloton, Soul, NordicTrack) or license the IP and enter into royalty agreements that make sense for all parties involved.
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