Replies to post #15455 on Starfleet Innotech Inc (SFIO)

[Pauly The Fish]

You are trying too hard there champ. Give it up and buy what you can at the open because next week is going to be one to remember.

[Gamma1848]

Important patent correction: SFIO doesn't even own the right to "the patent applied for", they only have the licensing right to sell the product.

This is a significant distinction since it means that SFIO shareholders will have no ownership claim to the innovative technology if the patent gets approved and the ecig gets produced.

According to the company

"On December 21, 2008, we entered into an agreement to sell 100,000,000 shares of the Company’s Common Stock to Thomas Schoepfer and Robert Wang for licensing rights to certain patents regarding a smokeless nicotine delivery cigarette like device"

With only licensing rights and no ownership claim on the technology the dream situation where RJ Reynolds comes around in 5 years to buy this innovative device wouldn't benefit the shareholders as any deal made will be with the patent owners and not its licensee

Additionally worth noting, by licensing the patent rather than selling it Wang and Tom safeguarded their idea from seizure if SFIO were to go bankrupt or lose a lawsuit as the patent is not an asset on SFIO's books.