Usacomplaints.com » Miscellaneous » Complaint / Review: Invention Submission Corporation - ICS got me for $5000, And counting. I am not one of the lucky ones. #248368

Complaint / Review
Invention Submission Corporation
ICS got me for $5000, And counting. I am not one of the lucky ones

In late 2003 I took an idea to ISC. They did research for me, it cost $1000 to start. After they explained that it was an exciting idea that has never been done and that I would qualify for a utility patent. I wrote the checks to start process.

They explained that it would cost me $12,095.00 for the patent and to present this to market, however, I would make much more which would pay for the remaining balance. I signed up for a loan which I am still paying today to keep my credit rating from sinking into the ground. I was told it could take a few years to see any results, and to be patient.

By year two I had paid over $5,000.00 to ISC itself.in return I received a cheesy, impossible to setup demo disk. (Unless you are a computer programmer which I am). Once I setup the software it was nothing like the sample shown at the original meeting. The Sophisticated foreign voice was a choppy computer audio generation by a text reader program. The smooth moving multilayer diagram spec animation was not created in a format which prototype engineers could work with. (Back to square one $1$, $) And yes I even received a cheesy two page invention pamphlet and a book with market studies on the market opening for my invention. An invention for laptop users everywhere A multimillion dollar invention.

Pre-patent in early 2006 I receive notice that they were going to show my invention on the east coast (could not see that no money to travel; paying them). Later in I saw a cheep imitation of my invention on the internet (Someone is getting rich off my Idea ant me).

I paid a third party lawyer ISC provided back in $800 additional dollars to get the patent. Which they did not. I signed all legal papers they sent to me, poorly written. I called them repeatedly to see if they needed any information, they never called me (on my business cell phone or home phone) unless they needed money. My first attempt for patent did not go through due to lack of specifics on the legal jargon. I called and asked if they needed any additional information. They said that they had sufficient information to proceed. The next letter I got from them was a three line letter just saying your request for US patent had not gone though. You will not receive a paten.

During 3 of 4 years with ISC I have been getting letters from subsidiary companies as well as dealing with third parties.

I received a call from another subsidiary who handled product / investor relations. I called the subsidiary back. He said that he had received a call from an investor with big pockets connected with Philip Morris and some big name infomercials but he was requesting a working prototype in order to proceed. The Package delivered to market (500 investors) to get investors to lease the rights to produce my invention does not do its job. I asked the subsidiary representative, if they could produce a working prototype for this investor. He said they could not but recommended that I find a fabrication engineer in my area to build a prototype for me.

I went to a legal documentation website and downloaded a confidentiality statement for under $60. I then found a fabrication company down the street from my house. Had him sign the agreement and passed him the presentation package I received from ISC subsidiaries. He looked at the diagrams and the specs and stated that he would need to redraw the entire thing because they did not add real world measurements and did not provide an auto-cad file which is what these prototype fabrication companies use. I thought he may have been pulling my leg so I went to two other professional companies in Brea and Irvine. Same story, back to square one redraw specs because of lack of auto-cad and measurements.

In each case the estimated build would be over $11,000 for a first time prototype with Research and Development (A lot less money when mass produced). I could have skipped ISC and went to the fabricator after getting the legal documents my self for $60. Wish I knew that 4 years ago I could have been rich by now, instead of deep in debt, and living paycheck to paycheck, with someone else making money from my invention. Paying on an invention loan for no work performed, just so I dont sink deeper in debt. Thank You ISC!!! You have really made a difference in both my life and my childrens lives. (We are living one paycheck away from moving into a cardboard box).


Offender: Invention Submission Corporation

Country: USA   State: California   City: Irvine
Address: 217 Ninth Ave, Pittsburgh, Pennsylvania, 15222-3506, U. S. A
Phone: 8008516030

Category: Miscellaneous

0 comments

Information
Only registered users can leave comments.
Please Register on our website, it will take a few seconds.




Quick Registration via social networks:
Login with FacebookLogin with Google