METHOD OF RE-DISTRIBUTING AND REALIZING WEALTH BASED ON VALUE OF INTANGIBLE ASSETS OR OTHER ASSETS

• US 20140012782A1
• Filed: 07/04/2013
• Published: 01/09/2014
• Est. Priority Date: 07/04/2012
• Status: Abandoned Application

• Current Assignee: Vedett IP Corporation
• Original Assignee: Vedett IP Corporation
• Inventors: SZABO, Arthur M., PEERS, Robert D.
• Application Number:
  US13/935,523
• Publication Number:
  US 20140012782A1
• Time in Patent Office: Days
• US Class Current: 705/36.R
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis

Abstract

Methods of re-distributing and realizing wealth based on the value of intangible, tangible or other assets are described. For example, one or more intangible assets, including but not limited to the company'"'"'s established goodwill, may be sold to a purchaser corporation in exchange for an issuance of shares in the purchaser corporation'"'"'s capital stock. Rights in the intangible assets may then be leased back to the seller company on terms that provide for the payment of periodic rent to the purchaser corporation. With the seller company'"'"'s intangible assets having been converted at least partially into tangible, recordable investment property, the purchaser corporation may extend a credit facility to the seller company secured by the acquired shares in the corporation'"'"'s issued capital stock. Loan advances drawn on the credit facility may then be taken by the seller company from time to time so as to generate positive real cash flows to the seller company.

Claims

1. A method of distributing wealth, comprising:

purchase of one or more assets of a seller business by a purchaser corporation, in exchange for a plurality of shares in the issued stock of the purchaser corporation, the value of the issued shares determined based on the value of the assets sold;

lease-back by the purchaser corporation to the seller business of purchased intangible assets;

payment by the purchaser corporation of at least a portion of a net income generated from the lease payments of the seller, as dividends issued in respect of the shares exchanged for the purchased intangible assets; and

holding by the purchaser corporation of the shares exchanged for the purchased intangible assets, as security for the lease-back of the purchased assets.

2. The method of claim 1, wherein the purchased assets include tangible assets.

3. The method of claim 1, wherein the payment by the purchaser corporation of at least a portion of a net income generated from the lease payments of the seller, as dividends issued in respect of the shares exchanged for the purchased intangible assets is discretionary.

4. The method of claim 1, wherein the value of the purchased assets is determined as a net difference between a value of the seller business as a going concern and a value of the seller business'"'"'s assets, as the case may be.

5. The method of claim 1, wherein the value of the purchased assets is determined based on an income of the seller business.

6. The method of claim 1, wherein a value of a payment made in consideration of the lease-back is determined based on an income of the seller business.

7. The method of claim 1, comprising re-purchase by the purchaser corporation of the shares exchanged for the purchased assets.

8. The method of claim 1, comprising extension by the purchaser corporation to the seller business of a loan facility secured by the shares transferred in exchange for at least one of the purchased assets.

9. The method of claim 8, wherein an amount available to the seller business pursuant to the loan facility is capped based on a period revenue generation by the seller business.

10. The method of claim 8, wherein an amount available to the seller business pursuant to the loan facility is capped based on a value of the at least one asset.

11. The method of claim 1, comprising an election to defer payment of income tax payable based on the sale of at least one of the purchased assets in exchange for the transferred shares of stock.