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janice shell

06/20/15 9:01 PM

#59377 RE: Daytime_Lantern #59376

The USPTO is not in the business of "undergirding" patents, whatever that may be. All they do is grant them if they're original. They make no judgment as to whether the product or process will be successful, or even work.

People are granted all kinds of absurd patents.

Krysti

06/20/15 10:05 PM

#59381 RE: Daytime_Lantern #59376

The same answers to the same questions, Lantern.

REVO's patents legitimacy were undergirded by the patent office when it rejected AF's attempt to file something similar.

No it wasn't. The USPTO issues patents or rejects patent applications. It issued a patent to Ron Carter, and rejected a similar application by Alarmforce.

REVO has a court case win under it's belt, as well.

No it doesn't. It has two cases that have been dismissed. It has no judgement in its favor.
Eyetalk365 and Alarmforce settled their suits against each other, and the matter was closed.

what could they possibly do to take advantage of their successes?

Its absence of success leaves REVO with limited possibilities. It has patents, but those patents have no proven commercial value. That absence of commercial value is reflected by the total absence of income from the sale, or licensing, of any products or patents.

Will this situation render their patents null-and-void?

No. The patents remain in existence. They may be rendered null and void if CPI continues to pursue their motion for dismissal. But nothing done by the SEC affects the status of the patents.

Does anybody know if Ali and/ Carter received yearly salaries (cash) from the company?

The company had no cash to pay the salaries that Carter and Ali awarded themselves. So they met their costs by selling promissory notes and shares.