Update on Fuel Vaporizer...
I wish I had better news. I mean I have spent close to $20,000, spent an ice age building and testing prototypes, dealt with 4 shady patent attys, one shady patent agent, and it has been about 7-1/2 years since I filed for patent on my fuel vaporizing process.
After all this, I "am" better off than where I started, but still haven't succeeded in getting a patent.
Where I stand now? Out of liquid assets, with which to pay for further pursuit of the patent application. I don't know of a worthy patent atty that isn't rather expensive, $3,000 as a retainer. I have till Dec. 7th to respond to an Office Action from the Examiner, and I can go up to 3 months past that if I pay the late fees. $50 first month, $150 second month, $350 third month is the break down on that I believe.
So here's the situation: I can split 49/51% with what I would get for royalties from the license of the patent, providing we get the patent. It will work on any carbureted engine, including 2 and 4 stroke small engines and any race car that is TBI or Carbureted. Typically the holder of the patent gets 15%, so that would mean we both get very close to 7.5%, which could still be a lot if it were sold on all pre-existing small engines, and mfged with the new ones. 51% would be your way to manage and control the sale and business end of the licensing. With 49% all I can do is ride the wave.
It will take someone signing a non-disclosure document to get a copy of the patent application and the documentation I have gotten so far on it. I can send a proto to be tested, either for a 2 stroke or 4 stroke small engine, or a race engine. I would need four intake to carb gaskets for a 2 stroke or 4 stroke small engine, and a spacer may or may not need to be fabricated, which I can do. I will also write a report of sorts explaining what needs to be done, what I have done, and what needs to happen with the patent office to get the patent before any money is spent on your part. So you can do a full review of the patent application, have a proto to test, and get up to date on the progress over the years that I have made before investing anything.
Financial obligations are approximately $4,000-$8,000 depending on the atty we/you hire for the job. I know of a good one, just a bit pricey in my financial situation.
Anyway, PM me if you're interested.
Thanks,
Bob