Quote:
Originally posted by *KK*@Oct 21 2003, 02:34 PM
I think that escrowing the money is the only way to go
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I understand the point, but the issue I see is that while I am optimistic at reaching the goal, there is a realistic side of me that says it won't be reached.
So if people donated money into an escrow account and the goal was short, then the logistics or refunding $100 checks to 2,000+ indidivuals would be a nightmare.
Having an escrow account does not help with credibility, unless it was a well known attorney (as you pointed out)... i was going to ask what attorney do you respect in the industry that i could approach with doing such a thing, but how do you address my point about if the goal is not reached?
I am just being realistic here... i do want to see the goal reached, and i am trying my hardest to take flak, take opposition, take negativity, take great questions, but in the end, it's a real possibility that the goal won't be reached, and I don't believe in trying to boot strap an operation and burn through people's money...been there, done that.
Atlteast with a pledge, if it doesn't work out, then no costs are incurred by anyone, other than all the time that I have put in...and that's my personal gamble.
Fight the Patent!