“Theres a lot of incentive for a buyer with deep pockets to buy it while its provisional.”
Yes and the provisional patent can be renewed annually if I’m not mistaken. Also you don’t have to be a patent agent or patent attorney to write one, I believe.
“Yes and the provisional patent can be renewed annually if Im not mistaken.”
You are mistaken. You have a year to apply for a patent and if you do not do so, it passes into public domain. So a company who is interested in it has a year to buy it or they lose the exclusive rights to it.
No, cannot be renewed. You have one year to file the non-provisional off the provisional.