IF IT SOUNDS TOO GOOD TO BE TRUE, DO YOUR RESEARCH.
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Terms like "Free invention KIT," "Inventors KIT" or "patent kit."
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They need to perform a "market evaluation" costing you $299-$1500
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Refusal to respond to your questions in writing
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They only make verbal promises and assurances
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You are told to describe your idea in writing
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You are told to mail it to yourself
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You are promised a patent search without a patentability opinion
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You are advised to file for a design patent
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You are promised a patent
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The cost for the patent search is only $200
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You can’t reach the company’s Reps or managers without leaving lots of messages
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They say - your idea is guaranteed to be successful
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They say - You are guaranteed to get a licensing deal
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"All in one" legal and marketing services
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Want to show your idea to industry (singular) so one company can take it into more than just one industry.
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Refusal to provide client references
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Assurance you will make money with your idea or product
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After asking for them to disclose information pertaining to the America Inventors Protection Act of 1999, they don’t respond
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Invention packages to help develop your idea and get a licensing deal start at $2,000 and gradually increase in smaller payments that can go up to $50,000+
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A manufacturer will license your idea
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A manufacturer will offer you a lump sum amount of cash for your idea
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No interest payment plans, but you have to sign up very soon
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Company previously operated under another name
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Company managers, REPS or Executives have been named in an invention promotion/promoter firm lawsuit
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History of more than 1 lawsuit and/or class-action by their clients and/or inventors
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They assure your product has huge potential but they will NEVER put that in writing
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One of their signing documents is a ARBITRATION CLAUSE to prevent you from not filing lawsuits
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Aggressive sales pitches
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You are asked to sign an arbitration clause to not file any lawsuits against the company.
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After submitting to a invention submission company, they respond with - Congratulations, your idea has been accepted, your idea has tremendous potential, we are excited about your product, there is nothing like it and you can make a lot of money