[TheForge] Bull Hammer??
Jerry Frost
[email protected]
Thu Apr 15 18:35:01 2004
> One other question: Doe this situation free Tom up to retool?
>
> I wonder if what this investor did would constitute abandonment or an
> official dismanlting of the business. A ask because I saw speak of
> patents, though for th elife of me I can't see what could possibly
> be patentable in a power hammer anymore :). What would the disposition
> of patents once belonging to a now-defunct entity be, legally speaking?
> If John Doe Inc. no longer exists, then it no longer owns its patents.
>
> Was there a receiver that would have taken possession of the corporate
> assets? Were they sold? Do they languish with no clear ownership?
>
> Just my mind burning with boredom... no real need to respond.
>
> Was the hammer at the Folk school a Bull or a Big Blue? Something else?
>
> -Andy
>
Actually, as soon as they squeezed him out he was free to retool. Couldn't
build Bull hammers of course but it takes very little modification to go
around patents.
The real trouble though is, the situation leading him to seek investers
probably hasn't changed and his resources are probably in worse shape. What
caused him to seek investers? Did he lack manufacturing capacity? Was his
profit margin too narrow? Did he have a viable market?
Last but far from least is his morale. I don't know him so I'll leave it to
those who do to answer the question: Does he have it in him to do it again?
Frosty
------------------------
If it ain't forged
it ain't real.
Wrought iron is.
The FrostWorks
Meadow Lakes, AK.