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FAQ's





  1. Is a patent or patent pending required?

    Yes, in order for IPM to work with your invention, an issued patent or patent pending is required. We feel that it is high risk to the inventor to proceed with invention marketing and public disclosure (web advertising) without proper intellectual property protection.
  2. What if my patent pending is unpublished?

    If your patent pending is un-published (not disclosed on the USPTO website) then you as the inventor need to determine if you would like to publicly market your invention. IPM will only disclose and make available on the world-wide-web what you the inventor wish to show the public. If you would like to keep your invention confidential and would still be interested in any of our services, we will be glad to sign a non-disclosure agreement (NDA). If you do not have an NDA, we can offer you one.
  3. Are you an invention submission company?

    No, we are a service provider offering a variety of options to inventors. We do give our clients the service option of introducing or submitting the invention to relevant companies however we do not work on commission nor do we handle the patent application process on behalf of the inventor. Invention submission companies typically charge up front evaluation fees and also require a percentage ownership of the invention.
  4. Do you work on commission or take ownership in my invention?

    No, our fees are quoted up front for each service option or package. We do not work on commission nor do we receive any percentage ownership to your invention.
  5. Is there an agreement or contract to sign?

    Yes, IPM will provide a written statement of work (SOW) that will describe all of the services to be performed for the client. The SOW will also state that the invention rights and ownership are 100% retained by the inventor. The SOW actually is put in place for our client’s best interest.
  6. Can you guarantee that your services will result in the sale or license of my invention?

    No, IPM can not guarantee that our services will result in a sale or license agreement. IPM will perform all of the services in conjunction with the SOW. These services will greatly improve the chances of introducing your invention to prospective companies however there is no guarantee that the prospective licensee will make an offer to purchase or license. We certainly believe that our ability to enhance the perception and publication of your invention will give you a much greater probability of being recognized.
  7. I have a video clip, can I send it to you so that you can post to my website?

    In most cases the answer is yes. If you have a video clip on a VHS tape, DVD, CD-ROM, MPEG or other digital format, it can be sent to IPM and we will convert it to digital format and post to your website.
  8. Where can I see examples of the work you have done?

    Please visit our portfolio pages and also scroll over our service options on the first page.
  9. Do I get any special promotion or advertising of my invention?

    Yes. All clients receive their invention listed on our partner web listing website, www.inventionsforsaleorlicense.com.
  10. What type of information is included in your prospective licensee analysis and report?

    In researching your invention, IPM will create a list of prospective companies who may have the capability and interest to acquire the rights to your invention. We will document a report that will include the list of company names, company profile, contact information, website address, invention submission process (if applicable). If you choose to have IPM submit your invention to each company, we will also include full correspondence tracking for each company.
 
If you still have questions, please contact us.