Arcon Energy (MIDL Presently) The Ultimate Sleeper Message Board

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Gold/Mining/Energy : Arcon Energy (MIDL Presently) The Ultimate Sleeper

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To: GC who wrote (1645)	5/30/1998 10:41:00 AM
From: Jeff Harrington	Read Replies (1) of 4142

The next question.... I don't want to do that kind of projection. It makes my nose bleed. My wife was reminding me last night about how Exxon had practically destroyed my Dad with a patent fight. He's happily retired now after 20 years in court against Exxon (he was US Forest Service scientist who got a patent with government approval of a chemical process he came up with on his own free time). They dragged it out for 20 years until he didn't care any more and settled for a truck. (He got $20,000 in a lump settlement and walked into the Chevy dealer in Missoula, Montana and told them he wanted their best red truck and he didn't give a damn about the real price he had $20,000 in cash and he wanted a truck. Drove off with the best one on the lot). The patent in question was for stripping pine trees of their oleoresins (a renewable petrochemical substitute) before harvesting the trees as timber. It would have been a market of tremendous proportions and Exxon knew it was just one guy and they could screw him by spending a million bucks to stop him. Anyway, sorry for the offtopic, just a poignant MIDL moment... JH

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