Carpet cleaners DREAM tool needs INVESTOR to bring to market

fifty7kevie

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Kevin Hale
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I've been cleaning for 32 years and have developed a tool that virtually every carpet cleaner will want on the truck. The potential sales volume is in the millions. With my background in engineering I've already produced 3 generations of working prototypes...that last one has been field tested and works just as intended. Do you know anyone who wants to invest in this amazing product? Can you say "early retirement"?

Read more: http://www.truckmountforums.com/entries/carpet-cleaners-dream-tool-seeking-investor-to-bring-to-market.3219/#ixzz2J8CiZ8Xz
 

Kipp

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You might try Albert Clarke with Velocity Technologies...
 
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matt30577

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Oh Yeah! I don't know this guy or what "his tool" is, but I think this is a winning chance for me to take, just because he has a background in engineering. How much do I need to write a check for?
 

fifty7kevie

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The "patent only" approach is the least expensive at $10K, but at a lesser overall ROI as it will be used to license the tool to a manufacturer/distributor. To build a business entity to take the tool from production to end user would be nearly 10x that of "patent only", but the rewards are commensurate.

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Jeff Maietta

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With your background in engineering and 30 plus years in the business I assume you have the bankroll to get a patent on it? I have been in the business less than a year and if I had an invention of the magnitude you do I would have the money for a patent... If so please share. If not, I think you may want to try Craigslist...
 

Jeff Maietta

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The "patent only" approach is the least expensive at $10K, but at a lesser overall ROI as it will be used to license the tool to a manufacturer/distributor. To build a business entity to take the tool from production to end user would be nearly 10x that of "patent only", but the rewards are commensurate.

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Having been through (family engineering business patent-not my patent) the patent process I can say that it is considerably less than that. Have you even done a preliminary patent search? This can be done for free at most universities...
 

fifty7kevie

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Yes. Cad engineering to put the technical drawings. And initial patent lawyer retainer will be appx. $6K. I've gotten valuable advice from a seasoned inventor in my area. My preliminary patent search came up clean.
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Spazznout

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Kevin,

Wrong approach
Horrible sales pitch
No credibility
"gotten valuable advice from a seasoned inventor in my area"
You gotta stop listening to this fella
Have you asked this seasoned investor for the money you need Yet?
Why did he decline?
Let me guess, He is already too rich.
You are a funny guy Kevin
If you are genuine
I recommend you start over with your research and get some new advisers
Your current ones suck!
 

Jeff Maietta

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Yes. Cad engineering to put the technical drawings. And initial patent lawyer retainer will be appx. $6K. I've gotten valuable advice from a seasoned inventor in my area. My preliminary patent search came up clean.
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So, you are saying you do not have 6k to fund a multi million dollar invention? After 30 plus years in the business? No offense, but it sounds a bit fishy to say the least... After 3 generations of prototypes you should have done more to protect it. Patent it yourself-if it is this valuable it is worth the time and money. The process is easier than you think. With your background it should be fairly straight forward. Get Nolo's book on patenting it yourself...
 
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fifty7kevie

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With your background in engineering and 30 plus years in the business I assume you have the bankroll to get a patent on it? I have been in the business less than a year and if I had an invention of the magnitude you do I would have the money for a patent... If so please share. If not, I think you may want to try Craigslist...
Thanks Jeff....but in life there are many ups and downs. Living and working in CA, raising 4 kids on one income, managing medical bills, and other life issues, sometimes your "bankroll" takes a hit. You just have to get up off the mat and keep on punching. My "tool" is legit, and if I had the cash to get it rolling, you would already be buying it for your truck.
 

fifty7kevie

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Kevin Hale
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Kevin,

Wrong approach
Horrible sales pitch
No credibility
"gotten valuable advice from a seasoned inventor in my area"
You gotta stop listening to this fella
Have you asked this seasoned investor for the money you need Yet?
Why did he decline?
Let me guess, He is already too rich.
You are a funny guy Kevin
If you are genuine
I recommend you start over with your research and get some new advisers
Your current ones suck!
Thanks for the reply. I'll be sure to put my name on the ad for my invention, and when you buy it, I hope you'll remember this thread.
 

Jeff Maietta

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Thanks Jeff....but in life there are many ups and downs. Living and working in CA, raising 4 kids on one income, managing medical bills, and other life issues, sometimes your "bankroll" takes a hit. You just have to get up off the mat and keep on punching. My "tool" is legit, and if I had the cash to get it rolling, you would already be buying it for your truck.
Email me a picture and I will see what I can do to help you-jnmaietta@aol.com. Tell us what this does-give us some details without exposing it. Will even sign a non-compete disclosure if need be. If it is legit I can help you get this patented for little money. A pic is worth a thousand words, or possibly thousands of dollars at least-millions at best.
 

fifty7kevie

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I think I will pass, I would not know what to do with a "early retirement".
So, you are saying you do not have 6k to fund a multi million dollar invention? After 30 plus years in the business? No offense, but it sounds a bit fishy to say the least... After 3 generations of prototypes you should have done more to protect it. Patent it yourself-if it is this valuable it is worth the time and money. The process is easier than you think. With your background it should be fairly straight forward. Get Nolo's book on patenting it yourself...
 

fifty7kevie

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It's not the task of self-patenting that is the main concern, it's about the degree of protection that my background in law (which is nil) will provide my invention. Doctors don't operate on themselves, lawyers are their own worst defenders sometime. I clean carpets, among other things. I am not a patent attorney....although I did sleep at a Holiday Inn the other day. PS: I've already shown it to a local Patent/IP Attorney....he knows his business.
 
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Jeff Maietta

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It's not the task of self-patenting that is the main concern, it's about the degree of protection that my background in law (which is nil) will provide my invention. Doctors don't operate on themselves, lawyers are their own worst defenders sometime. I clean carpets, among other things. I am not a patent attorney....although I did sleep at a Holiday Inn the other day. PS: I've already shown it to a local Patent/IP Attorney....he knows his business.
Self patenting is still a patent; It is legally binding, protecting, and as good as a "real" patent-it is a patent. A rose is a rose...

You could at least do the majority of the proceedings and procedures yourself and have it finally submitted and reviewed by a patent attorney. By the way, go with an attorney who specializes in patents only. If you are going to pay for an attorney go to a specialist-Intellectual Property is a wide reaching pursuit and differs greatly in relation to Patent Law-do not ask me how I know...ok, yes I have a limited background in law...

Also, to mitigate your chances of having it copied you need to take a picture with a newspaper and your machine and send it to yourself and a few friends certified mail (funny procedure, but still considered prima facie evidence)-having a few witnesses is advantageous as well. Also, a patent attorney always thinks it is a good idea...its like if someone asks us, "do you recommend scotch guard?". Send a pic, post some details, or no one is going to take this in earnest... Stare decisis...
 

EDS

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I've been cleaning for 32 years and have developed a tool that virtually every carpet cleaner will want on the truck. The potential sales volume is in the millions. With my background in engineering I've already produced 3 generations of working prototypes...that last one has been field tested and works just as intended. Do you know anyone who wants to invest in this amazing product? Can you say "early retirement"?

Read more: http://www.truckmountforums.com/entries/carpet-cleaners-dream-tool-seeking-investor-to-bring-to-market.3219/#ixzz2J8CiZ8Xz
Early retirement from a self inflicted gun shot wound to the face for being so stupid to invest in a "can you say early retirement scheme...I mean business opportunity.
 
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FFmedicCC

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ill give a dollar

in return i want 40% of the money directed into my bank acc