Many of you asked what the IPR / PTAB future of Vedanti Systems is. PTAB statistics are quoted to me from Paul Morinville: US Inventor Group, "off the top of my head, I think Apple is the most common petitioner. Now sure who is the most common defendant.
The PTAB kills at least one claim in more than 90% of its decisions. Claims are selected by the petitioner, so killing the selected claim generally neuters the enforceability of the patent, so for all practical purposes it kills the patent.
During the pendancy of the PTAB, suits are generally stayed. It burns at least four years of the patent's life. That lost time is not added back to the patent term. It is just lost.
The PTO argues that about a third of PTAB petitions are settled, so the PTAB encourages settlement. What they don't tell you is that these settlements are made under the very real threat of invalidation of the patent. So, settle for pennies or we will kill your patent. they are not settlement, they are extortion. "
That gentlemen is WHY I WOULD NOT GIVE Max Sound a License of Patents, Not Vedanti Systems, no Patent Litigation. And why I formed VSL Communications Ltd when he introduced Adam Levitt and Beuther because I would only co-sue -at his arm-twisting for weeks -I would allow Trade Secrets & Post Its Notes, and no Vedanti. He didn't do it.
Here we are: 4 years later.
Constance Nash, Top Female Executive
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