Speed Worms

Greg Lumpkin wrote:
What does this mean for someone who wants to start a lure-making
business. If they build up an inventory of lures that look like a
brand name, are they going to get hit with patent infringement
lawsuits until they go under?


If they build lures that are under "active" patents, the answer is yes,
and only "one" lawsuit, on just one lure, will put them under. Most new
lure companies are based on their own "new" lure designs, they can't
compete with the major companies, why try to, unless you can sell
something they can't ?

What if you come up the the be all catch all lure, you file for a patent
to "protect" your lure from others profiting from it (cost you thousands
to get that patent issued), after all, your the one who came up with it.
and start a little company making them, it is very hard to get your lure
into stores, because they don't know you or your company. Then Zoom ,
who is heavily in the market, they knock off your design and make
millions from all "your" work. You sell very few because you just could
not compete with Zoom's marketing.

This is why we have a patent system, so that inventors can profit from
their work.

Companies "must" go after "all" infringer's of their patents, even if
the little guy can't hurt them in the market, if they don't go after
them or license to them, then the BIG companies can freely make and sell
their patented items, they can claim that company number one is not
defending their patent, thus it is public domain (case law has been made
on this , you can't selectively go after infringer's, you just can't go
after those with deep pockets, you must go after "all" infringer's, or
you could loose your patent rights)


--
Rodney Long,
Inventor of the Mojo SpecTastic "WIGGLE" rig, SpecTastic Thread,
Nutri Shield insect repellent. ,Stand Out Hooks ,Stand Out Lures,
Mojo's Rock Hopper & Rig Saver weights, and the EZKnot
http://www.ezknot.com