Method of Repeatedly Securitizing Intellectual Property Assets and Facilitating Investments Therein

• US 20070299683A1
• Filed: 06/05/2007
• Published: 12/27/2007
• Est. Priority Date: 01/11/2000
• Status: Active Grant

• Current Assignee: Douglas Elliott
• Original Assignee: Douglas Elliott
• Inventors: Elliott, Douglas
• Granted Patent: US 7,668,770 B2
• Time in Patent Office: Days
• US Class Current: 705/39
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 30/0601 Electronic shopping [e-shopping]
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis
• CPC Class Codes: G06Q 40/08 Insurance
• CPC Class Codes: G06Q 50/184 Intellectual property management
• CPC Class Codes: Y10S 707/99933 Query processing, i.e. searching

Abstract

The present invention relates to methods of repeatedly valuing intellectual property assets and securitizing such assets. The present invention provides a means whereby holders or owners of proprietary intellectual property may readily determine the value to the business of the securitization of their intellectual property estate and obtain capital by securitizing all or part of their intellectual property estate.

Claims

1. A method in an electronic data processing for securitizing an intellectual property portfolio comprising:

associating a first account with a first owner;

recording initial ownership of the portfolio in the first account;

creating a plurality of investor accounts;

associating each investor account with at least one investor in the portfolio;

transferring an initial amount from investor account to a general trust account;

calculating an assessed value for said intellectual property using at least one algorithm;

determining a payment from the assessed value;

transferring the payment from a general trust account to the first account;

transferring title of the portfolio from the first owner to a second owner in exchange for the payment;

granting a license to the first owner to the portfolio in exchange for at least one license payment from the first owner, the license having associated a plurality of license payments;

transferring each license payment from the first account to general trust account at predetermined intervals;

calculating a plurality of securitizing payments, each securitizing payment being proportional to each initial amount; and

transferring at least one securitizing payment to each investor account.

2. The method of claim 1 further comprising:

granting a limited license to a party other than the first owner; and

obtaining at least one payment from party for a license to use said intellectual property.

3. The method of claim 1 further comprising allocating payments from the general trust account to at least one account other than an investor account.

4. The method of claim 1 wherein each initial amount is the same.

5. A processor with a computer program embodied thereon for securitizing an intellectual property portfolio, the computer program comprising:

computer code for associating a first account with a first owner;

computer code for recording initial ownership of the portfolio in the first account;

computer code for creating a plurality of investor accounts;

computer code for associating each investor account with at least one investor in the portfolio;

computer code for transferring an initial amount from investor account to a general trust account;

computer code for calculating an assessed value for said intellectual property using at least one algorithm;

computer code for determining a payment from the assessed value;

computer code for transferring the payment from a general trust account to the first account;

computer code for transferring title of the portfolio from the first owner to a second owner in exchange for the payment;

computer code for granting a license to the first owner to the portfolio in exchange for at least one license payment from the first owner, the license having associated a plurality of license payments;

computer code for transferring each license payment from the first account to general trust account at predetermined intervals;

computer code for calculating a plurality of securitizing payments, each securitizing payment being proportional to each initial amount; and

computer code for transferring at least one securitizing payment to each investor account.

6. The computer program of claim 5 further comprising:

computer code for granting a limited license to a party other than the first owner; and

computer code for obtaining at least one payment from party for a license to use said intellectual property.

7. The computer program of claim 5 further comprising computer code for allocating payments from the general trust account to at least one account other than an investor account.

8. The computer program of claim 5 wherein each initial amount is the same.