First Inventor to File, Video #2

[@marcusgrant1491]

One thing you have to keep in mind.While you do have a "1yr grace period" on prior art disclosure. There should be confidentiality involved in any sort market feasibility testing. I typically work with new inventors to set up a game plan that includes market feasibility testing, registered patent attorneys, and others.

[@linkscape1957]

This is actually confusing. It says you have a one year grace period to file. Then, at the end of the video it basically says that anyone who you disclose information to could file a patent on the information you showed them. So, if I hire an artist to draw my design, since I personally disclosed my idea to him, he could file a patent and basically steal my idea.....however, if someone saw it in an article they couldn't steal the idea, as long as I file (EFD) within a year of publication.... Doesn't make any sense.

[@nachoespinoza6074]

wow thank you so much for making this video you made this so clear. I have a president of oloclip for iphone tell me this was wrong but it looks like he was the wrong after all. He used 200 thousand to start his company and it looks like the patent attorneys took advantage of him.

[@CarrieJeske]

So the inventor can authorize a market viability test of a new product idea under "Grace Period". If the item fails, they may choose to abandon it, but if it succeeds, they have 12 months from the date of the first public disclosure to file. Correct?

[@CarrieJeske]

I understand and agree. I think for the everyday, independent inventor it's a great piece of information that can save cost. It's especially valuable for the ASOTV since an inventor can sign a market test agreement BEFORE incurring patent costs. If the test fails, it's less financial loss. If it succeeds, then you know you have a winner so file the patent.