Why is it that folk who seem to have invested in a company that...

Why is it that folk who seem to have invested in a company that owns patents fail to understand the basic things about them.
One, Pinnacle does not have world wide coverage of patent for the VRB technology. A little bit of due diligence would show that even in countries where applications have been filed, a few patents have never been registered. A few even have objections from local companies e.g. Thailand, and others cover so few countries as to be useless anyway.
Two, just because one country has granted a patent for a "thing" and another country grants a patent covering the same "thing" does not meant that the patents are identical. For example, some patents cover HOW something is made, others cover WHAT is made, yet others cover both HOW AND WHAT is made. There are other rules as well, regarding tolerability of processes etc etc
Three, a country where a patent exists does not allow use in that country but does not stop its use in OTHER countries.
All of which is very interesting because this can also be turned on its head, For example,
Pinnacle has three all vanadium patents covering three countries. One the US runs out in April 2006, one for Japan runs out in April 2006 and the other Australia runs out in April 2006.
Pinnacle has eleven patents covering seven countries for electrolyte stabilised solutions. Of these two are for the US and run to 2017/2020, two more are for Indonesia and only one is registered, two more are for Malaysia and only one is registered, two more are for Philippines and only one is registered, one for South Africa, one for Australia, and one for Thailand which is being contested and has not been granted.
Pinnacle has two other groups of patents covering high density electrolyte six patents covering five countries) and plastic electrodes (8 patents covering eight countries (allowing Europe to be a country)) none of which have yet been used by anyone and all of which need significant dollars to develop a commercial product from them. The first group include registerd pattens for US, Brazil, and applications for Canada, Thailand, Honk Kong, Europe, Japan. The second group cover registered patents in US, Europe and New Zealand, and applications for another is US, and Canada, and Honk Kong.
So, commentators is a company allowed to view a patent on a public register, go across the border and then use it to develop a product of its own?
And punters, is a Pinnacle company with access to ALL FOUR patents groups ina good position to develop its own suite of products and market to all the other countries in the world that are not covered by patents. Equally can it use a non-patented method in a country where a patent is registered?
So lets get real booty and others, is Pinnacle really selling out, is Pinnacle really losing overly badly, is Pinnacle really in such an unrealistic position allowing for the fact that majority control was lost when enough of your fellow shareholders either sold their shares or voted to accept the Vanteck deal, thus allowing a company to exist in a half pregnant form. It seems to me that at least in part the former and existing shareholders got what they voted for
and as if to emphasise this point . . . the countries covered by the two patents ACTUALLY used have a total population of 897.9 million (2002 figures) and the total world population at the same time was 6,200.4 million.
Thus if VRB buys all patents except Australia they have direct access to 878.3 million and indirect access to 6,200.4 million minus 19.6 million or 6,180.4 million.
Pinnacle has direct access to 19.6 million and indirect access to 6,200.4 minus 878.3 million or 5,302.5 million or 85% OF THE WORLD POPULATION.
So perhaps the real deal isn't that bad after all??
Vibe (tangata on SH) repeats a fellow posters post which says "The AGM will not suffice to get the accountability for the injustices we have had to put up with for the past 2 years and more. The window of opportunity to write to ASIC is probably limited to the next few days." BRAINBUSTER
Writing to ASIC will no doubt be a useful thing to do. Everyone in Aus lives in a democracy so can certainly do just that. ASIC look at this kind of thing as routine, and with anything that Pinnacle does, ASIC would be looking extra hard anyway.
If on the other hand you want to support the re-grouping of the technology in Aussie, the opportunity to go forward and not have to look backwards all the time then write to the company itself and tell them so.
Either way I wish I had Aus Post shares for the extra profit it will make them

Compilation from another site but gives a different emphasis or view.