Summary by John Paul Dreyling II CONFIDENTIAL AGREEMENT FOR JOINT VENTURE & FINANCIAL AGREEMENT - JOINT VENTURE Invention Bio Summary by John Paul Dreyling II On the following pages, you will find two forms for your personal use. These forms are samples for you to use if you are seeking investors for your project. 1. Confidential Agreement for Joint Venture 2. Financial Agreement - Joint Venture 3. Investor Announcement 4. Limited Private Offer 5. Invention bio summary by John Paul Dreyling II The form B is to be used as the confidentiality agreement between you and any investor(s). This form should be completed and signed before you provide any specific details of your invention to any individual. The form D is the actual financial agreement arrangement between you and any investor(s). Once completed and signed, this becomes the binding agreement between you and your investor(s). These forms are provided to you for your personal use and should not be returned to PATENT SERVICES USA, INC. HELPFUL HINTS When negotiating with a potential investor, keep in mind the following rule of thumb: for every $1,000.00 an investor gives you, you give them 1% of your royalties. This is not a hard and fast rule. You can negotiate whatever you feel is in the best interest of both parties. Always complete and have both parties sign the Confidential Agreement before you provide details of your invention. This form, when signed, will prevent anyone from using your invention without your expressed written permission. This form is not to be used when negotiating with an interested manufacturer. Summary by John Paul Dreyling II . PATENT SERVICES USA, INC. IVENTION BIO SUMMARY ****************************************** ******* “EXTREME SWIMMING DEVICE” “ESD” All rights reserved this material may not be reproduced or retransmitted without the express written permission of John Paul Dreyling II and Patent Services USA Inc. This information is not intended to provide investment advice and does not promise a return on any money invested. The goal for you is to become a more informed investor/inventor and helping to market and license your invention. PREFACE ****************************************** John Paul Dreyling II is the original inventor of the “EXTREME SWIMMING DEVICE” (ESD) and is not aware of any other products or similar designs at this time. This inventor guide utilizes consultants, patent attorneys, technical writers, graphic designers, engineers, draftsman, product sales persons and other industry professionals. All information contained is confidential in nature and design. Standard industrial classifications (SIC) use a target market in use for 60 years thru North American Industry Classification System (NAICS). This invention initiative guide relates to “EXTREME SWIMMING DEVICE” and makes it readily available for confidential review by appropriate manufactures and licensing entities for A PERIOD OF TWO YEARS AND WILL PRESENT IT AT 6 TO 8 TRADE SHOWS PER YEARS IF NEEDED. WOW! Summary by John Paul Dreyling II . PATENT SERVICES USA, INC. IVENTION BIO SUMMARY ************************************************* PRODUCT DISCRIPTION & OVERVIEW ****************************************** “EXTREME SWIMMING DEVICE” conceived by John Paul Dreyling II for the safety industry which will assist in learning how to swim presently there are limited products on the market that are practical, stylish, ingenious and useful as the (ESD). Summary by John Paul Dreyling II . PATENT SERVICES USA, INC. IVENTION BIO SUMMARY ************************************************* UNIVERSITY BASED MAEKET ANALISIS ****************************************** UNIVERSITY BASED MAEKET ANALISIS team has prepared an investigation of your product in 33 critical areas and 5 major areas how potential manufactures’, licensees’, representatives’, retailers’ and the business community weigh on the feasibility of your new invention (ESD). Three major areas are considered for the “EXTREME SWIMMING DEVICE” 1. Critical value score or market feasibility of your invention is 68%. WOW! 2. Aggregate value score or the combined score of all 33 criteria is 62%. AWESOME! 3. Estimate of success score in the current market environment is 72%.Outstanding! See page 40 High scores in the 60’s and above range in all three categories indicate your new invention should be considered in the current market place. PRODUCT LEGALITY ****************************************** PRODUCT LEGALITY the “EXTREME SWIMMING DEVICE” might require modest revisions to be congruent with all applicable laws, regulations, product standards and industry standards. SAFETY ****************************************** Products such as skydiving equipment, knifes, construction scaffold and hunting tree stands are products over a prolonged period may cause however small a threat and will be viewed as a concern to potential marketers and licensees. The “EXTREME SWIMMING DEVICE” appears to be safe for carefully instructed users! Summary by John Paul Dreyling II . PATENT SERVICES USA, INC. IVENTION BIO SUMMARY ************************************************* IMPACT ON EVIROMENT ****************************************** IMPACT ON EVIROMENT as a result the reuse of a product such as a water bottle creates bacterial problems and can cause someone to get ill. The “EXTREME SWIMMING DEVICE” is expected to have no ill effects on the environment. SOCIETAL IMPACT ****************************************** SOCIETAL IMPACT bad things such as oil spills and waste dumps have a detrimental impact. Good things such as wind power, solar power and medical equipment have a positive impact on society. The “EXTREME SWIMMING DEVICE” appears to have no ill effects on society at large. See pg 45 BUSINESS RISK FACTOR ****************************************** 1. Functional design feasibility the (ESD) will work, some small changes may be needed. 2. Product feasibility is the traditional approach to manufacturing; the (ESD) is expected to have some problems or setbacks which can be overcome. 3. Stage of development is the developmental progress achieved; the (ESD) is in “IDEA STAGE”. 4. Investment and cost comparative is costs to produce an attractive price to the ultimate end user the (ESD) is expected to be developed with a heavy amount of capital and cost developments necessary for the market ready stage. The initial production investment should be recoverable. 5. Break even period is the break even analysis, the (ESD) has the potential to break even with-in four to six years from initial production and distribution period Summary by John Paul Dreyling II . PATENT SERVICES USA, INC. IVENTION BIO SUMMARY ************************************************* 6. Profitability answers the question will the invention sales cover all direct and indirect relevant capital costs. The (ESD) appears to have anticipated revenues to cover direct and indirect costs related to industry and production standards. This should strengthen any and all licensing negotiations with potential manufacturers and licensees. 7. Market research separates successful inventions from unsuccessful ones in the national and global market places. The (ESD) should generate a sufficient amount of market research to produce a superb market ready product with moderate difficulty to mass produce to meet (roi) return on investment. 8. Research and development determines if the invention is tailored to a specific market the (ESD) requires only moderately difficult product research and development. See page 54 DEMAND ANALISIS FACTORS ****************************************** 1. Potential market size or niche in the market place the (ESD) appears to have a 75% market size. WOW! The most advantageous market would be domestic. 2. Potential sales is market size and market penetration with emphasis on healthy profit margins. The (ESD) appears to be able to generates sales expected to be in the millions range thru appropriate distribution channels this score is at 70 %.YAHOO! Summary by John Paul Dreyling II . PATENT SERVICES USA, INC. IVENTION BIO SUMMARY ************************************************* 3. Trend of demand focuses on growth and ease of market penetration The(ESD) will have a steady market demand expected to grow for several years we scored 81% WOW! 4. Demand stability is the review of forecasting potential fore both the market and the product the (ESD) should have a predictable demand that can accurately be foreseen we scored a 76% OUTSTANDING! 5. Product life cycle is survival thru years of successful market penetration by creating a brand awareness in a penetrated market place i.e. another brand of bottled water introduced in existing market place the (ESD) scored 77%WE NAILED IT 6. Product line potential shows value to consumers when manufacturing can produce multiple styles, colors and price ranges the (ESD) scored 72% WINNING! See page 61 MARKET ACCEPTANCE FACTORS ****************************************** 1. Compatibility, inventions should satisfy needs like the segway which touted it’s the next generation of personal transportation but proved it was not compatible in markets like San Francisco and New York City which outlawed there use on public sidewalks the (ESD) scored an outstanding 73% Yipee! 2. Learning and consumer education is the cost associated with consumer education the (ESD) scored an awesome 75% Yeah! Summary by John Paul Dreyling II . PATENT SERVICES USA, INC. IVENTION BIO SUMMARY ************************************************* 3. Need is the ability to meet the need of a wide variety of consumers the (ESD) fills the need of a high segment of the market both domestically and worldwide the (ESD) scored an astronomical 81% This is our market! 4. Dependence is how much the product has a dependency on other products in the market place the (ESD) has low degree of dependence on other products and the (ESD) should maintain strong market control the (ESD) scored an awesome 80% WOW! 5. Visibility is a study of new inventions and there visibility. The best new inventions have a very visible advantages like protective head gear or car airbags the (ESD) has a very visible benefit within it’s market segments the (ESD) scored a huge 80% WE OWN THIS MARKET! 6. Promotion is the review of the cost required to promote the advantages, benefits and features of new inventions the (ESD) scored a great 75% WE WILL DONATE OUR PRODUCT TO YMCA SWIM CLASSES WITH THE PRESS WATCHING FOR FREE ADVERTIZING! 7. Distribution is the study of cost and difficulties involved with establishing multiple distribution channels the (ESD) scored a cool 75% ATTRACTIVE! 8. Service is the study of the expense and difficulty of establishing and providing product service, repair and replacement parts as they are needed to promote ongoing usage like recalls on new cars they can only be repaired by the manufacturer the (ESD) has a low level of expense and difficulty in this area the (ESD) scored a whopping 79% WINNING! See page 70 Summary by John Paul Dreyling II . PATENT SERVICES USA, INC. IVENTION BIO SUMMARY ************************************************* COMPETITIVE FACTORS ****************************************** 1. Appearance reviews possible substitutes how original the invention a concept is the (ESD) scored a 62% YEAH! 2. Functionality determines how useful a new invention is related to a competitive or similar product as of today’s market there is none the (ESD) split this market down the middle at 50% so even if another similar product was invented we still have half the market share. WOW! 3. Durability is the study of how a new invention will hold up under stressors basically it compares other similar products if they existed the (ESD) scored a 65% Our Market! 4. Suggested selling price is how well a price is accepted in the market the (ESD) scored a 60% food is a need at 100% We Get 60% YEAH 5. Existing competition is the potential risks of our products market entry compared to the sales there after the (ESD) can obtain market penetration with reasonable effort and expense the (ESD) scored a 73% YEAH! 6. New competition reviews existing products and competition in the market segments the (ESD) is expected to encounter a moderate level of competition from any new entrance into this market share can be maintained the (ESD) scored a 71% AWESOME! See pg 78 Summary by John Paul Dreyling II . PATENT SERVICES USA, INC. IVENTION BIO SUMMARY ************************************************* LEGAL PROTECTION ****************************************** Protection reviews how a protected invention enhances its marketability and licensing potential in the world wide marketplace for agencies such as (EPC) EUROPEAN PATENT CONVENTITION (EPO)EUROPEAN PATENT OFFICE (PCT) PATENT COOPERATION TREATY (WIPO) COVERING 137 COUNTRIES the WORLD INTELLECTUAL PROPERTY ORGANIZATION (ARIPO) AFRICAN REGION INTERNATIONAL PROPERTY ORGANIZATION (OAPI) ANALOGOUS TREATIES AMOUNG AFRICAN COUNTRIES the (ESD) IS EXPECTED TO HAVE POSITIVE SEARCH RESULTS IN SOUND LEGAL OPIONS IN WORLDWDE MARKETS THE (ESD) scored a 89% IN TODAYS WORLDWIDE MARKETS MANUFACTURING CONSIDERATIONS ****************************************** What to expect in the process of manufacturing of the (ESD) which will be introduced to manufactures using 3-D CAD illustrations and technical drawings. LEAVE IT TO THE EXPERTS! PRODUCTION RESEARCH & DEVELOPMENT ****************************************** The (ESD) requires molding and analysis by skilled technicians in order for the (ESD) to be accepted by manufactures. LEAVE IT TO THE EXPERTS! Summary by John Paul Dreyling II . PATENT SERVICES USA, INC. IVENTION BIO SUMMARY ****************************************** DESIGN MODIFICATION ANALISIS ****************************************** This is a common misconception by “GARAGE INVENTORS” the truth is most designs are impractical as a “FINAL DESIGN” for the manufacture they must take into account existing materials and manufacturing costs such an injection plastic molding ect. This is all taken into account at their manufacturing levels by their trained professionals LEAVE IT TO THE EXPERTS! COMPUTER AIDED DESIGN & TECHNICAL WITTING ****************************************** (CAD) computer aided design and technical writing this area is a small part of manufacturing. LEAVE IT TO THE EXPERTS! MACHINING & TOOL PATH CREATION ****************************************** This simply means pattern design, quality control and mold making so understand our prototype is not a finished product. LEAVE IT TO THE EXPERTS! Summary by John Paul Dreyling II . PATENT SERVICES USA, INC. IVENTION BIO SUMMARY ************************************************* PRODUCT PRICING ESTAMATES ****************************************** This is the cost of goods sold (COGS) these are based on a particular set of circumstances. 1. Mark up costs this is a predetermined profit margin. 2. Key stoning this is doubling the cost paid for a product once a rule of thumb today not so much. 3. Suggested retail price (SRP) maintains a satisfactory level of profit on minimum advertised price. 4. Competitive pricing above and below competition marketing plan to concentrate on price specials. 5. Psychological pricing is a strategy where price is based on popular price what the consumer perceives as fair $20 as opposed to $19.99. 6. Multiple pricing is useful during clearance sales. 7. Discount pricing based on amount of competition and quality and available Keep in mind ultimately the right product price for the “EXTREME SWIMMING DEVICE” is what the consumer is willing to pay. LEAVE IT TO THE EXPERTS! PRODUCT PACKAGING IDEAS ****************************************** This is important to attract buyers with the “EXTREME SWIMMING DEVICE” the devil is in the details we are encouraged to. LEAVE IT TO THE EXPERTS! Summary by John Paul Dreyling II . PATENT SERVICES USA, INC. IVENTION BIO SUMMARY ************************************************* NEW PRODUCT & RELATIONSHIP MARKETING ****************************************** This is a simple marketing formula to meet customer needs. LEAVE IT TO THE EXPERTS! CORRESPONDENCE ****************************************** Simply the way to let manufactures know about our product and our excitement we all have. LEAVE IT TO THE EXPERTS! COVER LETTERS ****************************************** Formality is a formal introduction letter kept brief and explanatory on what our product offers exciting to imagine what it should say. LEAVE IT TO THE EXPERTS! LEGAL PROTECTION ****************************************** This is covered by our lawyers and manufactures without risk to inventors or investors. LEAVE IT TO THE EXPERTS! Summary by John Paul Dreyling II . PATENT SERVICES USA, INC. IVENTION BIO SUMMARY ************************************************* INDUSTRY TRADESHOW PARTICIPATION ****************************************** This is a powerful way to enhance visibility of our product with our contract we receive 6 to 8 tradeshows per year LEAVE IT TO THE EXPERTS! BEATING THE COMPETION ****************************************** Rule #1 money is made by beating the competition as of now we have none but we will stay on our toes. LEAVE IT TO THE EXPERTS! CONCLUSSIONS & RECOMENDATION ****************************************** PATENT SERVICES USA, INC’s #1 goal is to partner with a visionary inventor and those investors willing to take a chance at a great deal. Product development and introduction into the marketplace. LEAVE IT TO THE EXPERTS! CONFIDENTIAL AGREEMENT FOR JOINT VENTURE It is hereby mutually agreed between: Inventor Name John Paul Dreyling II Address 1000 E Wentworth ave. City: So St Paul State: MN Zip: 55075 And Joint venture Name: ------------------------------------------------------------------------------------------------ Address: ------------------------------------------------------------------------------------------ City: --------------------------------------------------------- State: ----- Zip: ----------------- Title of the invention: “EXTREME SWIMMING DEVICE” Upon disclosure of the invention to the joint venture: 1. Joint venture shall keep strictly confidential and shall not use nor disclose the above titled and described invention or any variation thereof, to any person, organization or corporation without the expressed written permission of the inventor. 2. Joint venture agrees to acknowledge inventor as the claimed originator of the invention as titled and described. Both Inventor and Joint venture agree to the terms stated above on this ______________ day of_____________ 2013_____. ______________________________ ______________________________ INVENTOR SIGNATURE JOINT VENTURE SIGNATURE ________________________________ ______________________________ WITNESS SIGNATURE WITNESS SIGNATURE B FINANCIAL AGREEMENT - JOINT VENTURE It is hereby mutually agreed between: Inventor Name: John Paul Dreyling II And; Joint Venture Name: ------------------------------------------------------------------------------------------ 1. Venture agrees to contribute $ 100.00 US dollars toward the invention idea in exchange for one/tenth of one % of royalties or profits made thereon. 2. Venture shall be entitled to earn royalties over a period of five years time or until venture has earned a top dollar return figure of $ 50,000 dollars. 3. Venture shall be kept informed by Inventor of any developments or agreements as they may occur. 4. Venture shall not be liable for any additional contribution of funds unless he/she chooses and Inventor agrees to accept such additional contributions. 5. Venture acknowledges that the funds he/she contributes are non-refundable and that it is not a loan or advancement to be repaid by the Inventor to the venture. Both Inventor and Venture agree to the terms stated above on this ______________ day of_____________ 2013_____. _______________________________ ______________________________ INVENTOR SIGNATURE JOINT VENTURE SIGNATURE __________________________________ _____________________________ WITNESS SIGNATURE WITNESS SIGNATURE D INVESTOR ANNOUNCEMENT “EXTREME SWIMMING DEVICE” My name is John Paul Deryling II and I have a new and exciting invention concept that I believe has a tremendous profit potential. The name of my invention is EXTREME SWIMMING DEVICE. I am seeking investors who wish to share in the potential rewards of this project. Enclosed please find various documents that will help you to understand the process and requirements. The documents enclosed for your review are: 1. Confidential Agreement for Joint Venture. This document establishes a proprietary agreement between us that you may not use the invention in any capacity without my written consent. It also allows me to provide you with the details of my project. 2. Financial Agreement for Joint Venture. This is the legal document between us establishing your investment and my responsibilities to you for your potential returns. 3. Limited Private Offer Upon completion of your review and signature on item #1 listed on page B, we will discuss the details of my project is the “EXTREME SWIMMING DEVICE”. Thank you for your consideration in this business opportunity. Inventor signature:_________________________________Date: ________________2013_ Print Name: _John Paul Dreyling II______ C “EXTREME SWIMMING DEVICE” By John Paul Dreyling II ************************************************* Limited Private Offer ************************************************* For the Acquisition of Intellectual Property RE: TO ACQUIRE A UNITED STATES AND/OR INTERNATIONAL. PATENT Corporate Representation: Patent Services USA, INC. ************************************************* Financial Requirements Total Amount required $5,500. Total Shares available: 55 Shares of one Percent. Price per share: $100. A
Posted on: Mon, 25 Nov 2013 22:53:19 +0000
Trending Topics
Recently Viewed Topics
© 2015