TheStreet:
… While not every invention-promotion-and-marketing company is fraudulent, unfortunately many good ones go underground to avoid being associated with the unethical and dishonest firms. How do they work? Be aware of a company that promises too much using these tactics:
* They promise free information on how to patent and market your invention.
* They claim to have special agreements with manufacturers looking to license new products or even claim to represent these manufacturers.
* They require ‘a small initial investment’ to conduct a ‘feasibility’ or ‘marketability’ study and patent search.
* They present a flashy marketing plan that is professionally bound, with a completed patent search and conclusion that claims the enormous potential for the success of your invention.
* They guarantee a successful patent - or your money back. (Remember, most patented inventions never get to market anyway.)
* They use ’shills’ - people paid to give good references and testimonials about your product.
* At last they need another investment to get your product to market. Many have fallen for the adage ‘it takes money to make money.’
* Once you pay, they avoid your calls and rarely return them…
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