not sure...altho I have a patent (from years ago, probably expired). I believe you can submit...like to be 'first' on record, but you proceed only when you're ready to use it...then, when "issuable", you must 'file'?? Perhaps an additional fee? Again, not sure...but you could check on patent office site and see the steps involved. Anyway, I DO know an issued patent must be used within a one year frame (and after) - you just can't sit on it forever.
Let me attached something on patent info. my friend FYI only/ so our fellow investors will be more informed.
Re: FYI: Updated Patent Information - next 7-Jan-11 05:30 pm ACTC is entitled for 20 years from filing date 05/03/2007
There are three types of patents:
1) Utility patents may be granted to anyone who invents or discovers any new and useful process, machine, article of manufacture, or composition of matter, or any new and useful improvement thereof;
What Is a Patent?
A patent for an invention is the grant of a property right to the inventor, issued by the United States Patent and Trademark Office. Generally, the term of a new patent is 20 years from the date on which the application for the patent was filed in the United States or, in special cases, from the date an earlier related application was filed, subject to the payment of maintenance fees. U.S. patent grants are effective only within the United States, U.S. territories, and U.S. possessions. Under certain circumstances, patent term extensions or adjustments may be available. ************************************** Just follow the original updated patent thread. Why this is a gold mine!
Wrong...as long as you continue to improve your product the 1 year thing is out the window...Believe it or not its called DD in the patent world. I have a patent pending and I was almost ripped off by a underhanded company that assist's inventors. Legalzoom.com saved me as I had filed with them prior to signing an agreement...take care with your ideas...lots of thiefs waiting on you.