Posted on 06/17/2019 11:24:08 AM PDT by Twotone
Imagine the following scenario: You spend your life slaving away at building some ingenious new device in your garage. After years of painstaking work, testing, and sleepless nights, you finally produce your device, patent it, and take it to market.
However, before you can take it to market, someone serves you with a lawsuit.
(Excerpt) Read more at spectator.org ...
My mentor was a true genius and aerospace engineer, having flown in Korea and worked on Apollo.
On the side he and a friend develop the first chip based slot machine and had set up a meeting with Bally in Las Vegas.
My mentor couldn't make the meeting so his partner went alone.
Soon his partner called and said, "Some guy came to my room and they want our prototype....NOW, no questions, no bargaining."
My mentor said, "Let them have it, it's not worth dying over."
The sides of buses are plastered with the faces of lawyers who live off of taking the earnings of people who have some, and giving it to people who live off of this kind of lawsuit.
Lawyers, as a profession, have no ethics. Strict adherence to the law is not equal to moral and ethical action.
Get a legitimate job and earn your own money, instead of taking it from those who produce.
Either you or your mentor is a bad liar.
99% of lawyers give the rest a bad name.
S/
99% of lawyers give the rest a bad name.
S/
or you don’t know what you’re talking about...
I read that during the Depression, in the Midwest, underutilized lawyers would peruse the obits, and file fake liens against estates, tying them up in probate, unless money was coughed up.
Filing for a patent can itself be a functional scam.
My brother invented a new kind of hi-fi speaker system. We took it to CES and wowed people. More than one said he almost passed us by, because he thought we were a ripoff of another (inferior) product.
That established company had ripped us off.
The proof? Some of their advertising copy used verbatim terminology and phraseology that my brother submitted to the patent office.
They had money and name, we had neither. We did not sue.
My bet is that there are plenty of crooked patent clerks looking for a little side action.
Did he receive the patent? If it was clear infringement, there are plenty of lawyers who would have taken your suit on a contingency basis.
Naw, I’m just giving you feedback that the story as-told is entirely unconvincing. Maybe you hang out with rubes and usually get the oh-gee response you’re looking for.
One afterthought was that calling it "chip based" may have been imprecise because this was in the 60's and is better stated as electronic vs. the mechanical, and you could adjust the odds on payouts.
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