08/04/2021
Are you thinking of working with and paying an Invention Help company because they are telling you everything you want to hear? Please....Before you do, take a look at this data posted on one of the leading Inventor Help Company Website. Do you know who they are?
"The total number of consumers who submitted new product ideas during the past five years is six hundred fourteen thousand one hundred ten (614,110). They do not provide evaluation of commercial potential; thus, it has provided no positive or negative evaluation of this or any other product idea in the last five years. The total number of consumers who were offered a Pre-Development agreement (or similar contract for research services) is two hundred thirty eight thousand seven hundred twenty five (238,725). The total number of consumers who were offered a Contingency Agreement (or other contract for licensing representation) is two hundred thirty eight thousand seven hundred twenty five (238,725). The total number of consumers who purchased a Pre-Development Agreement or similar contract for research services is forty five thousand eight hundred forty nine (45,849). The total number of consumers who signed a Contingency Agreement or other licensing representation agreement is forty five thousand eight hundred forty nine (45,849). The total number of consumers who were offered a New Product Sample Agreement (or any other contract for design services for a virtual or a product sample) is thirty five thousand six hundred seventy eight (35,678). The number of consumers who signed a New Product Sample Agreement or similar agreement is seventeen thousand seven hundred ten (17,710). The number of consumers who obtained a written license with a company that is not affiliated with is twenty eight (28). The total number of consumers in the last five years who made more money in royalties or sales proceeds than they paid to company, in total, under any and all agreements with company, is fifteen (15). This number includes people who first made a profit more than 5 years ago, if they continued to make additional profit during the past five years. The percentage of companies income that came from royalties paid on licenses of consumers’ products is .001%."
Numbers current as of March 23, 2021
