Summary of Legal Boundaries of
Right of Exclusion
Granted to Patent 732 Owners

(U.S. Patent 7,139,732)

This web page quickly summarizes the Legal Boundaries of Intellectual Property("IP") as prescribed by three levels of law:

  • The United States Constitution
  • The United States Patent and Trademark Office
  • U.S. Patent 7,139,732

where the IP described herein is U.S. Patent No. 7,139,732 ("Patent 732"), filed in 1999, issued in 2006, and valid through 2020; and...

...wherein the the title of the invention is
"Systems, methods, and computer program products facilitating real-time transactions through the purchase of lead options"

  • aka LeadOptionEngine
  • aka Max Price Model / System
  • aka Maximum pay per click

Once the boundaries are defined, Patent 732 Owners have the right, and the duty to Bond Holders, to collect License Fees of at least 7%, and if not received in a timely manner, than Patent 732 Owners are required to exercise its rights to exclude the infringing businesses from operating Max Price Model System businesses.
Excerpts from the U.S. Constitution, USPTO Patent Law, and
Claim 1 from U.S. Patent No. 7,139,732, "We the People of the United States... "

Inventor Exclusion Rights Article 1, Section 8

"To promote the progress of science and useful arts, by securing for limited times to authors and inventors the exclusive right to their respective writings and discoveries"

Exclusion rights granted to Patent 732 Owners US Patent Law gives Patent 732 Owners the right to exclude every business in USA territories from making, using, offering for sale, or selling the Max Price Method Internet invention throughout the United States of America or importing the Max Price Method Internet invention for the term set forth as provided by law;

 

SELECTED SECTIONS FROM US PATENT 7,139,732

Claims

(Supported by the laws in the US Constitution and the laws of the US Patent and Trademark Office, Patent 732 Owners have a right to EXCLUDE ANY U.S. BUSINESS from using the method described in Claim 1 (this is the heart of the patent litigation matter and is where all the 7% Patent 732 License Revenue is generated).

That which is claimed:

1. A method for a user using a communication network to search for and identify at least one matching provider of project work, the method comprising; transmission of a lead comprising contact information that enables communication between the user and the provider, wherein the transaction lead price is the amount of money paid for the lead, and further wherein a service is performed by the user or the provider as a result of the transmission of the lead and wherein the performance of the service includes a service transaction fee paid by the user or the provider; storing in a database at least first provider information and second provider information, the at least first provider information and the at least second provider representing at least respective maximum lead prices, each of the respective maximum lead prices representing the maximum amount that each of at least a first provider and a second provider is willing to pay for an lead, wherein each of the at least first and second providers provide at least one service with which the lead is associated; comparing the respective maximum lead prices to determine a lowest respective maximum lead price; identifying the provider associated with the lowest one of the respective maximum lead prices; receiving at least one lead limit that represents a maximum quantity of leads to be provided; receiving from a user or provider a request for contact information, the contact information enabling communication between the user and at least one of the first provider and the second provider; selecting at least one provider based on each respective provider's maximum lead price and the lead limit; calculating a respective transaction lead price for each of the at least one selected provider, wherein the respective transaction lead price equals at most each respective selected provider's maximum lead price; and providing the at least one lead to the user or provider for project work.
2. -other claims not included here -

SEE COMPLETE US PATENT 7,139,732 for other CLAIMS...

United States Patent 7,139,732
Desenberg November 21, 2006
Systems, methods, and computer program products facilitating real-time transactions through the purchase of lead options

Abstract

Systems, methods and computer program products facilitating real-time service transactions between two or more users, including at least one client and at least one service provider. Service providers complete project profiles identifying projects they wish to work on, and clients complete project profiles identifying projects they would like to pay service providers to complete. The project profiles including identifying parameters such as the type of service or project, start date, completion date, skills required for completion, and the like. Both the clients and service providers may then purchase lead options to identify their desire for obtaining a matching user. The lead options can be a sum of money a user wishes to pay for a lead. The systems, methods and computer products then determine matching clients and service providers based upon the project profiles, and identifies to one or more lead option submitting users the immediately available users that match the project profile submitted by the user. In this manner, clients and service providers can utilize the present invention to locate immediately appropriate and available users with which to transact with.

Related U.S. Patent Documents
Application Number Filing Date Patent Number Issue Date
60144984 Jul., 1999

Current U.S. Class: 705/37 ; 705/35
Current International Class: G06Q 40/00 (20060101)
Field of Search: 705/7,412,35,37

References Cited [Referenced By]
U.S. Patent Documents



CROSS-REFERENCE TO RELATED APPLICATIONS

The present application claims benefit from U.S. Provisional Application Ser. No. 60/144,984, filed Jul. 22, 1999, inventor Roger Desenberg, which is incorporated herein by reference.


FIELD OF THE INVENTION

The present invention relates generally to electronic transactions, and more specifically, to systems, methods, and computer program products for the facilitating real time project work transactions between service providers and clients.



SUMMARY OF THE INVENTION

The systems, methods and computer program products according to the present invention facilitate real-time service transactions between two or more users, including at least one client and at least one service provider. Service providers complete project profiles identifying projects they wish to work on, and clients complete project profiles identifying projects they would like to pay service providers to complete. The project profiles including identifying parameters such as the type of service or project, start date, completion date, skills required for completion, and the like. Both the clients and service providers may then purchase lead options to identify their desire for obtaining a matching user. The lead options can be a sum of money a user wishes to pay for a lead. The present invention then determines matching clients and service providers based upon the project profiles, and identifies to one or more lead option submitting users the immediately available users that match the project profile submitted by the user. In this manner, clients and service providers can utilize the present invention to locate immediately appropriate and available users with which to transact with.

According to one aspect of the invention, determining if the second user is available to transact with the first user includes determining if the second user is available to transact with the first user based upon the second project profile information. According to another aspect of the invention, the method further includes contacting the second user to determine if the user is immediately available to transact with the first user. Furthermore, the first user profile can include identification information, and the at least one attribute may be selected from one of the group consisting of a start date, an end date, and a maximum price. Additionally, the lead option information can include a sum of money, and can be received from the second user.

According to third example, a first client has a maximum lead option price of $15, a second client has a maximum lead option price of $10, and a third client has a maximum lead option price of $5. Furthermore, each of the clients have requested only one lead, and each have submitted PPI that result in matches with the same service providers. As noted above, the LOA 250 will determine leads based upon the highest maximum price, where the order will be established by first in first out (FIFO) and quality. Therefore, the first lead is awarded to the first client, with the highest lead option value of $15, the second is awarded to the second client, with the second highest lead option value of $10, and the third lead is awarded to the third client, with a lead option value of $5. According to another aspect of the invention, the LOA 250 can determine the lowest amount paid for a lead, and can award subsequent leads to users based upon an increment above that lowest amount, where the users have otherwise have much higher valued lead options. This promotes use of the system, because people will not bid in fear that they are bidding too much, and because people will spend the least amount possible to receive a lead over another user. For instance, in the above example, where the lead increment is $1, set by the user or system administrator, the first client may receive a lead for the lead option price of $7, the second user may receive a lead for the price of $6, and the third, for $5.

THIS CONCLUDES THE LEGAL SUMMARY DESCRIPTION

If you are a sophisticated or accredited investor pursuant to Securities and Exchange Commission Act of 1933 Regulation D 506, then you may visit Bond Purchases for more information.

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