Saw this in the local paper today and was wondering if it would be worth looking into it.

PATENT FOR SALE: Rod and Reel Saver Have Prototypes call xxx-xxx-xxxx

Be Very careful. If they ask for any money up front run away as fast as you can. Do a complete investigation before you invest any money in it. And make sure someone hasn't already patented it.

Also look at how well the patent was written and who wrote it.  A poor patent isn't worth the paper it is written on.  If the patent has any faults a well funded company can steal the idea and your only recourse is to spend a ton of money with little chance of winning the case.  If the patent is worth soo much why are they selling it in a local newspaper?

and even a great patent is only enforcable if you have the cash for the lawyers to pursue it.

If it truly were a great patent, he would pound the private market to raise funds to produce it, as opposed to being willing to share it with every and any body.

I'd steer clear personally.

Run Forest, run.

Also look at how well the patent was written and who wrote it. A poor patent isn't worth the paper it is written on. If the patent has any faults a well funded company can steal the idea and your only recourse is to spend a ton of money with little chance of winning the case. If the patent is worth soo much why are they selling it in a local newspaper?[/quote]