Step back from BAAT and look at it objectively. A small deisel engine in a Geo would probably get close to 80 mpg anyway. A stock Geo with a gasoline engine is rated at 50 mpg (not sure if that is at one speed on a flat track with a pro driver). Anyway, following are exerts from a later post (high 400s):
<DavidCG> Ok, let me change the subject to Patents...I know I
have visited this before. I think people are curious about the
downfalls of applying for a patent (s) on this technology.
They want to know: How can you sell any licensing agreements
to anyone if your product isn't patented?
<JoeLaStel> david: Of course you can sell your product without
patenting it- it is a standard practice in many industries ,
especially the chemical industry to never patents anything,
and keep it as a trade secret For example: Coca-Cola.
<DavidCG> In other words, why would a GM, or Renault, or any
large auto maker deal with BAT without proof that there won't
be litigation because someone like Mitsubishi or Orbital
Engine has similar technology already pending...
<DavidCG> Ok, what happens if some covert automaker spy finds
out how the technology works today. Then applies for a
patent...doesn't that set up long litigation? (remember the
famous delayed windsheild wiper lawsuit?)
<JoeLaStel> David: basically you are wrong. The file date has
nothing to do with patent rights, other more importaint dates
include concept, reduction of practice confirmation by other
proffesionals, submission to patent attorneys, and many other
factors.
<JoeLaStel> filing dates virtually mean nothing.
<DavidCG> If you can ease the minds of investors as to the
patent issue...I think you will see less skeptism.
<DavidCG> I guess, as an investor, I don't want to hear how BAT
is in 10 different lawsuits in the future over this
technology. And any steps that eliminate or reduce that
possibilty would be nice to know. The Big 3 don't always play
fair.
<JoeLaStel> david: Nobody plays fair. And patents only give you
the right to sue. If you look at history of patent lawsuits,
they usually settled 10-20 years after the initial suit and
require multi-millions of dollars in attorney fees believe me
we know what we're doing.
<DavidCG> Ok, Joe, I'll trust you on this one!
Do you see the big TRUST ME here? They're talkin changes to mechanical parts (not chemical)...easily copied. They'll never stand up to the big 3 (I don't think it will ever happen though)
Sorry for the long post. I love the concept, but the facts don't add up!
Bottom line: There will be no patents |
