Post
Topic
Board Announcements (Altcoins)
Re: ⭐️ [ANN] [STO] CancerTreatment Proven Since '09 20% BONUS FOR FIRST 100 INVESTORS
by
garyn
on 03/08/2019, 22:23:36 UTC
Multiple comments and responses

I have never faced any STO yet, so I hope you will suceed. By the way why have you opt for STO insted of ICO/IEO?

Because we live in the US and the company is a US company so no matter what we do the SEC is going to say it is a security token and we did not want to create this in another company because our attorneys told us still since the owners are in the US they would still say it is a security.

When you ask about a IEO.  Are you talking about a Initial Equity Offering or Initial Exchange Offering.

Because a Initial Equity Offering is the same thing that we are doing.  Our security token is tokenized shares of stock in our company.  And a Initial Equity Offering is equity in the company.

Initial Exchange Offering we can do either because in the US are tokens are consider, according to the Howey Test, as a security.

So if the treatment already works and has worked on people for 13 years already as you mentioned above, you should have filed a patent for this already,
If you don't want others to know, you should have gotten your patents to secure your protection whenever someone wants to use or imitate the same method. Do you have one at least?

I have answered this before but will go over it again.  We have a Process Patents   in China, Japan and Australia.  If in the US it would still only be a process patent NOT a product patent.

A product patent is when you build or create something unique such as a new drug.  We did not create a new drug we are using FDA approved and already patented drugs.

We have a Process Patents   in China, Japan and Australia. Here is a good example of a process patent.  You want to build a new car for a new company.  Lets call it the Fast Car Company.  So to build this you buy a Ferrari engine, a Ford transmission and a Volvo rear end.  And you take these other car company parts and you put them together in such a unique way that you have this awesome fast car. Fastest street car out there. Smiley

You could not get a product patent for this fast car because you have used other companies parts BUT... you can get a process patent that states you combined these other company parts in a very unique way that makes the process to build your fast car unique.

Same with us we cannot get a Product patent because we are not creating a new drug we are only using already patent FDA approved drug in what is called a Novel way .

 The problem is process patents are very expensive to defend and protect because someone could use every part you used and in the same process as you used them but added just one more part that your fast car did not use.  That said, legally they have NOT infringed on your process patent.  So we did not want to spend a lot of money to get a process patent in the US. Very expensive to constantly defend in court.

But what we do have is a propriety trade secret.  And the trade secret laws in the US are stronger than most patents. And if someone breaks them we can get 3 times the award money in damages.