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nom=de=plume nom=de=plume is offline
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First recorded activity by BoatBanter: Aug 2009
Posts: 5,427
Default Those damn Canadians..

"Eisboch" wrote in message
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"nom=de=plume" wrote in message
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"Eisboch" wrote in message
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"nom=de=plume" wrote in message
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It sounds like there's a bunch of missing information, but it's hard to
tell. In any case, you got your stuff done? Good for you.

It's one of the reasons I got out of doing for companies... too much
trouble with engineers/scientists.


There's nothing missing other than that in your misinterpretation of
what I wrote.
I was not applying for a patent. I was selling a company.

Eisboch



Ah... sorry. Missed the first sentence. That can be a very difficult
situation when the company holds patents. Why do you think it was
ridiculous for the attorneys, who don't know about your business, to ask
specific questions about the documents you gave them? It seems like you
weren't that prepared or were being a bit stubborn, which I found to be
typical of people in your situation. I know it's your "baby" and all
that, but sometimes hoops have to be jumped through.

I'm not sure what the gruff CEO has to do with the patent attorneys'
efforts, but ok. Sounds like you confronted him through them and you got
what you wanted. So, what's your beef?

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Nom=de=Plume


I am sitting here chuckling at your response. Either you don't read what
people write or
you completely miss the primary point.


I didn't read what you wrote in its entirety. I'm not being paid to read it.



Condensed for your understanding:

1. Two day conference with patent attorneys at the *beginning* of a 3
month due diligence process.


So, that seems pretty reasonable.

2. Attorneys then leave to do whatever they do.


Also reasonable.

3. Said attorneys wait until the *day before* the closing to come back to
review a 3 inch thick
stack of patents by others they had dug up to see if there were any
infringments on our part.


I'm sure they had other priorities. Was it a merger between Exxon and Mobile
or was it, as you said a small business being eaten by a much larger one?
You're likely not their first priority.

By 8 pm we were barely halfway through them with about a 15-20 discussion
on each one. Closing scheduled for 9 am the following morning.


Without knowing the specifics of the questions and your answers, this seems
pretty reasonable. I'll ding them for waiting to last minute, but it still
probably needed to get done.

Was that easier to understand?

Eisboch


Was my response?


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Nom=de=Plume