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Re: Sosa post# 47043

Wednesday, 08/24/2011 2:50:23 PM

Wednesday, August 24, 2011 2:50:23 PM

Post# of 60939
Sosa is right. Even if any of us felt that we had the background it would require a ton of research on the specifics of the patent.

I have always relied on the fact that, at one time a company by the name of Acadia was willing to buy the rights to patent for $5M plus a percentage of the profits made. Acadia made its money doing patent litigation. I had always assumed that they had reviewed the patent and had decided it was a good risk if they were willing to front that kind of money, but I have been informed since that it is not clear at what point in the negotiations that deal died. I cannot confirm that they did the due diligence on the patent and therefore determined it was legitimate. Even so, it would not mean that it was really valid, only that they felt that it was worth the risk to litigate that it was. I suppose nothing is legitimate till a judge says it is.

Sorry.

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