Hi all...!
I have a patent-pending product idea, ToastBaker, currently enrolled in the ILP, and the six-month exclusive right-to-license period expires soon, on 4/11/19. When placed under ILP, ToastBaker was protected by a provisional application. Within the last two weeks, I've uploaded a copy of my utility patent application, which includes expanded and significant new claims, and it’s imperative that these claims become part of any presentation/pitch. I emailed questions@edisonnation.com directly, informing EN of this new upload’s importance. However, I've gotten no email response, and there's no indication on my summary page that the upload has been reviewed; the page still shows August 2018 as most recent update.
Almost immediately upon enrolling in the ILP, ToastBaker had 40% interest from one potential licensee, and although the interest level has dropped to 10%, that same (I assume it’s the same…) party has maintained interest. I’m confident that the broadened scope of claims will make the ToastBaker patent more desireable and valuable, and so, with less than month left on our ILP agreement, it’s critical that the utility application be reviewed ASAP. I’m feeling urgent, and without any feedback from EN, I don’t know what’s going on.
Speaking for myself, and probably others as well, in the absence of regular feedback from EN, it’s lonely out here, especially for us ILP participants. Because a provisional or utility filing, and a fee, are required for joining ILP, we’re clearly very invested in our product idea. And once the ILP clock starts, we’re metaphorically pacing around the living room anxious for news…!
But for me, the current status display is insufficient; I could see the “percent of interest” wheel as part of a more detailed dashboard. For instance, develop and show a series of stages that the evaluation goes through with a potential licensee, similar to what’s done with initial idea submissions. I’d also really appreciate feedback from potential licensees during the evaluation period, so that design changes could be made to address any concerns, and make the product more attractive.
If ToastBaker is not selected for licensing, as of 4/12/19, the six-month ILP exclusive period expires, and all rights revert to me, correct? And ToastBaker could still be submitted to an appropriate future search?
I assume there’ll be feedback at the end of the, as per EN guidelines; will I also know who was pitched?
Eager for EN’s response…!
Thx
Steve Goldberg