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10 year turning radius

chappy75's Avatar

I have this story about Davison that I have shared a couple of times of how they scammed me back in 2007 over a product I submitted to them. 

I just received a call from them. They are "Going through old files", yeah right...

They wanted to know what happened to the deal and my interest in the product. I made it very clear that I will NOT pay them another dime and aired my grievances again. He apologized for my experience and said that he wanted to bring my product back into production. He then proceeded to ask me about the current state of the market and if I would change anything from 10 years ago. 

I told him about my newest venture and how my resources are completely dedicated elsewhere. I stated again that I won't pay them but am interested in a joint venture where my expertise is all that is required. He said that is something they may want to do.

It sounded to me that they already have a place to sell it and they want to develop it but they can't without me because of our NDA. I knew it was ahead of it's time, but 10 years?  

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countofmontecristo's Avatar

Davison was the epitome of Barnum's saying- "There is a sucker born every minute".

Many of us here get those letters from them and others like that 'IP Bank' place for our patents that we hold.

It sounds to me like they are running on fumes and just dusting off anything laying around to see if they can milk just a little more out of it.  Also, it is not uncommon to have inventions that are 'years ahead of their time'.  Many of mine fall into that category unfortunately.  I still have a letter here from Warner Brothers stating that my innovation would have wiped the rest of their licensees out of business had they picked mine up.

I have learned from many of those experiences that you want to invent the future, just not too far into into.  When you are a true visionary, it baffles you why nobody else 'gets it' when you show off your latest and greatest. It is because they haven't caught up yet.

Patience, grasshopper.  One day they will arrive. : ) 

Gizmo
James Chapman
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gizmo's Avatar

Pastor Chappy , as I was reading your post I came to the same conclusion as you did. I would document the phone conversation. 

Might not be a bad idea to continue the conversation with them without telling them about any changes you would make. 

James Chapman
Ralph Machesky
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chappy75's Avatar

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chappy75's Avatar

Ralph, 

I remember when I had a relative in Egypt who died and had an unclaimed estate of $14,000,000,000.02 that I was entitled to. All I had to do was open a bank account and send them a copy of my driver's license with my social security and the bank account number... for verification of course... 

Gizmo
Ralph Machesky
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chappy75's Avatar

Right Roger,

That is why it is strange that they dug up a 10 year old project and contacted me about it. Why would they contact a cold case when there are people coming up with fresh ideas everyday that they feel much more connected to? The only thing I can think of is that they have a need for the type of product and my project might be in the way... I really am grasping at straws...

Erin, 

That disclosure IS what the government is doing "About it".

Ralph Machesky
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chappy75's Avatar

We put our old files on an email Drip campaign and wait for them to raise their hands. We don't make the personal call unless we have a buyer looking for their type of property. If we have a buyer looking for a particular property and there is none available on the market we look at old expired listings and old terminated listings and make calls to bring those properties back on the market or up for quick sale that goes on the market for one day and goes pending because we have a buyer already. There is a 12-15% return rate on this technique Voice to Voice with a buyer in hand but it is impossible to scale without increasing your skilled force multiplier.

If we are dripping on old listings then we sent emails, videos, market updates, post cards, birthday, anniversary, holiday and or seasonal literature. There is typically a 1-3% conversion rate on those techniques this is easy to scale but the returns are low.

That is why my impression is that they have something already in the works. Time will tell though... I am open to any possibility and not attached to the outcome. 

Gizmo
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