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Re: ORCA post# 128580

Friday, 03/01/2024 2:44:31 PM

Friday, March 01, 2024 2:44:31 PM

Post# of 130715
Not at all. Looking to the court dates. Yes, I know that seems quite foreign to a trader who's concept of time spans from yesterday to tomorrow. But, I currently hold 3 patents and have 2 more in process filed last year. Monetizing has been a process but the investors backing them believe it’s worth the wait. Do the same rules apply to them? Should they forgo the patent process, discontinue their support, and invest in a stock that you recommend? One that pays out quicker.? Maybe 200% compared to continued income for years to come at a rate far beyond 200%? They don’t think so, or they would have done it. Our patents, unlike VPLM’s, cover an invention that is mechanical in nature with a physical product that must be manufactured. The key to succeeding for us is to be first to market. We have no illusions that we would be able to defend our patent rights beyond the US. And should our designs be stolen and brought to market before we can establish our brand, we would be fighting to defend our property against people using money generated by the very thing we are trying to protect. Sound familiar? For that and other reasons, we have determined filing for protection in foreign countries, China mainly but others as well, is more dangerous than useful. They have the capability to manufacture and move to market in a matter of months. And even if we had a foreign patent protecting us, they just move their operation to another country where we may not have protection. We are also scrambling to get to market prior to our patent application being published. Because, once our designs are out in the public sphere, if we have not established our manufacturing, marketing and, distribution channels, we will be at risk of losing it all to unethical businesspeople that are nimbler in those areas than we are and risk them beating us to market.
Investing is a risk whether it’s a stock or a company developing a new product. When we have setbacks, as is normal in developing a working prototype and translating that to a manufactured product at a reasonable price, should we give up and wave our hands in the air? All is lost! All is lost! That is the nature of my investment in VPLM as well. I don’t believe all is lost. And no one on this board knows what my position is, whether I am upside down, even, or ahead. Yet, armed with that lack of knowledge, they feel confident that their trading philosophy neatly fits into everyone else’s experience, and they should be chided for not adopting their advice calling them rubes, idiots, “true believers”, among other derisive terms. To those few posters I say “Thank you for your concern. Now, go sit on a cactus!”
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