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MODiFiEDZ

07/20/14 7:58 PM

#152377 RE: byrdiesoccer #152375

It will likely be valued between $3,000 & $10,000.
The patent cannot be valued higher than the COST of the patent.
A patent generally costs $2,500, if said patent generates Billions in profit it will be written in the books as an asset worth $2,500 since Ed Starrs is the Inventor.
However if Apple purchased the patent from Ed for $10B then Apple would have written in their books an increased asset value of $10B.

MYEC
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ResedaMan

07/20/14 8:16 PM

#152382 RE: byrdiesoccer #152375