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Re: Go_War_Eagle post# 13945

Monday, 08/26/2013 12:07:23 PM

Monday, August 26, 2013 12:07:23 PM

Post# of 46508
First, the WDDD patents were established in 1995 and so the enforcement of such patents will be allowed under the old rules. FYI: the Obama administration has neither formulated precise patent laws as of yet, nor proceeded to get such laws passed. It would take a minimum of a couple years to get something like patent reform passed into law. However, the administration will not (and likely could not even if they wanted to) annul current patents. If it would pass any laws in the future, those laws would pertain to new patent applications. Therefore, with regard to WDDD's patents, you need not worry.

Second, the Obama administration is against patent trolls, namely, those companies which buy large patent portfolios for the express purpose of suing/settling with the companies infringing upon those patents. WDDD developed its own patents, and is therefore not a patent troll.

Finally, though WDDD is not a large practicing entity, the company is a PE because it has used its patented technology (call the CEO for details on this).

Hope this helps; others probably have more accurate answers.
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