Message Font: Serif | Sans-Serif
No. of Recommendations: 0
I found it curious that Maxx Chatsko wrote an article for the Motley Fool endorsing the Citron report both of which reflect absolutely no understanding of the patent process. While there may be numerous reasons the COOL is not deemed as satisfactory investment, the portion of the report and the article purporting to address fraud related to the rejection in the patent office is either pure ignorance or willful effort to depress the stock price. A review of the prosecution history of the case in question (other cases are also pending) reveals that the initial rejection was overcome by the amendment submitted in response to the initial rejection. The Final Action is a procedural reality when the Examiner finds what they regard as a new basis for rejection after an amendment is filed. There are numerous procedural options for the applicant after "final" rejection to continue with the case (including but not limited to appeal). Citron characterization the there is less than a 10 percent chance of success on appeal is both false and irrelevant as appeal it not even the most probably path forward. And the suggestion that the applicant would even be considering appeal at the time of the initial rejection is absurd as the case is not yet ripe for appeal such that filing and appeal would not be possible. Nearly all patents applications of any value are subject to at least one rejection from the patent office. Citron's characterization otherwise appears to be self serving stock manipulation. The Motley Fool's endorsement of that position in the best possible light reflects ignorance.
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.