Bank on IP solicited me by mail about a boutique service to market and potentially license my patent.
They informed me they could find investors that would take equity upon sale of the patent, however they wanted money and equity from me.
When I asked for references they said they would give them to me after they reviewed my product. They were not willing to release any references upon asking for them. When I told them I had no money to invest the calls stopped.
I suspect everyone would meet their criteria for evaluation just to get small sums of money ($6000-7000) per person.
No information about their so-called team is available. Other than their website no information is available about this company.
Bank on IP is Scott Norman of the Millennium Marketing Group Ltd. rip off "patent licensing and marketing group".
He had to close the doors about 4-5 years ago because he was going broke and people realized he was a scam artist.
This is in Stilwell, KS, just south of Overland Park, KS - where they were before.
They have an office inside Neonatal Product Group, Inc. "Creche Innovations". This is one of Scott's other companies that he still has because he ripped off the investors.
He's licensed about 12 products total and made money on 2 of them.
Bank on IP Reviews
Bank on IP solicited me by mail about a boutique service to market and potentially license my patent.
They informed me they could find investors that would take equity upon sale of the patent, however they wanted money and equity from me.
When I asked for references they said they would give them to me after they reviewed my product. They were not willing to release any references upon asking for them. When I told them I had no money to invest the calls stopped.
I suspect everyone would meet their criteria for evaluation just to get small sums of money ($6000-7000) per person.
No information about their so-called team is available. Other than their website no information is available about this company.
Bank on IP
Bank on IP is Scott Norman of the Millennium Marketing Group Ltd. rip off "patent licensing and marketing group".
He had to close the doors about 4-5 years ago because he was going broke and people realized he was a scam artist.
This is in Stilwell, KS, just south of Overland Park, KS - where they were before.
They have an office inside Neonatal Product Group, Inc. "Creche Innovations". This is one of Scott's other companies that he still has because he ripped off the investors.
He's licensed about 12 products total and made money on 2 of them.