Re:- Patents I've been wondering since the patents update report...

Re:- Patents

I've been wondering since the patents update report to market on 14th June 17, how the US patent numbers stated in the update had nothing to do with isx. ( open links )

I can see now, from the disclosure on page 46 of the 2017 annual report that isx  have purchased these 5 very important patents from the various inventors.

JP is so switch on to grab these before anyone else, including Paypal.


Payment for goods and services:


Reimbursement paid to Southern Ocean Pty Ltd - 150,000

Purchase of Intellectual property from BXWIP Holding Co Pty Ltd 124,063


During the prior nancial year the consolidated entity paid $150,000 to Southern Ocean Pty Ltd (an entity associated with Mr John Karantzis) as a reimbursement of costs incurred by this entity in relation to the consolidated entity’s intellectual property and associated patents.


During the financial year the consolidated entity purchased Intellectual Property (Patents) from a third party in the amount of USD$91,000 (AUD$124,063). The purchase was completed whereby an entity (incorporated specifically for this transaction for commercial purposes) associated with Mr Barnaby Egerton-Warburton (BXWIP Holding Co Pty Ltd) purchased the Intellectual Property which was then immediately reassigned to the consolidated entity. It is noted that the purchase consideration above was paid directly to a solicitor and as such no cash transaction occurred between the consolidated entity and BXWIP Holding Co Pty Ltd and thus no benefit was provided to Mr Barnaby Egerton-Warburton.


The above statement, clarifies the contents table on page 10 from 14-06-17


http://www.asx.com.au/asxpdf/20170614/pdf/43jxrxxnwlwdlb.pdf


Approach:-

Dynamic Changing of Statement Descriptor


Examples (not exhaustive) Includes Europe and US:-

Use of Equation, Anagram, Word to Match to Picture

US6032863 , US8131617, US7588181, US8805738, US7765153


List of IP inventions aquired.


US6032863


http://patft.uspto.gov/netacgi/nph-...50&s1=6032863.PN.&OS=PN/6032863&RS=PN/6032863


US8131617


http://patft.uspto.gov/netacgi/nph-...50&s1=8131617.PN.&OS=PN/8131617&RS=PN/8131617


US7588181


http://patft.uspto.gov/netacgi/nph-...50&s1=7588181.PN.&OS=PN/7588181&RS=PN/7588181


US8805738


http://patft.uspto.gov/netacgi/nph-...50&s1=8805738.PN.&OS=PN/8805738&RS=PN/8805738



US7765153


http://patft.uspto.gov/netacgi/nph-...50&s1=7765153.PN.&OS=PN/7765153&RS=PN/7765153


Cheers
Tradealot