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Report: #1285753

Complaint Review: patent trademark institute of america (PTI) - Nationwide

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  • Reported By: charles — Fairbanks Alaska USA
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  • patent trademark institute of america (PTI) Nationwide USA

patent trademark institute of america (PTI) pti steals single fathers chance of better life for his child & himself Nationwide

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Simply stated I met a individual, we became friends & at a point in the future, now  in 2002 he knew I had money saved up & he was seeking investors for hie invention  so at some point I signed a confidentyality agreement & he presented his product idea to me  , I liked it very much & so when he asked for the money for the package on the list he got from PTI & it was for nearly 10,000.00 for a united states patent but after reading the benefits between packages & the international package for 13,500 seemed a far wiser option.I order for me to be that sole in vestor & give all the money I had, I asked for proof company was legit  it was provided & i was able to have a chat with the pti attorney handling friend invention, i was convinced & that patent attny toid me that with that money they could push the product through & the patent would be completed ready to go retail in about 12 weeks.longer story short, i sent pti my money directly, the overtime they denied telling me 12 weeks,etc,,,etc,,,,then after couple years they neeeded more money for this and thatthey said they lost contact with my friend & actual inventor , as I did as well, but I was listed as sole investor & as one  that sent them the money so they put invention in my name as i vowed th search out my friend and compensate hime as an equal after i had patent done found a manufacturer to lease my rights to , got rich,etc,,,.Approx. 2006 I was told by another patent attorney they reffered me to to do other work in forwarding things & they then told me about the fraud case against pti , told me to call a company called stinger to get on compensation list if it ever goes anyplace after goverment hearing & they were callec stinger & stinger they were appointed bt goverment to handle pti stuff.So I never got any call about  anything or about my money & spent over 23,000 of my own money & another 10,000 f my investors & eventually fell 1800.00 short of funds to complete patent according to goverment.POOF!

This report was posted on Ripoff Report on 02/07/2016 05:18 AM and is a permanent record located here: https://www.ripoffreport.com/reports/patent-trademark-institute-of-america-pti/nationwide/patent-trademark-institute-of-america-pti-pti-steals-single-fathers-chance-of-better-li-1285753. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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