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#11
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Now if the patent holder had no intention of producing LED lights sold for marine aquarium growth, PFO would most likely have ended up getting their patent granted. Basically if you have a patent but do not act on it within 2-3 years and other companies DO produce similar products, the producing company will be allowed to patent their products. There is a lot more to it including often still paying the original patent company a percentage but thats kind of off topic. PFO did try to sell the Solaris division of they're company to the new patent holder but they were not interested and filed the lawsuit instead. My feeling is this is just to stop them from selling anymore LED fixtures and ultimately put PFO under. Again, PFO took a huge risk when put they're entire company into one product that was already under patent pending. They really have no to blame but themselves. |