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Old 10-11-2011, 01:14 PM   #4 (permalink)
Dr. VonDeafingson
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Join Date: Apr 2011
Location: Cleveland, Ohio

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Quote:
Originally Posted by HP_Lovecraft View Post
To add to the story, he was the one who derailed the whole SP patent scam.

The short version was that SP hired PVI to design, and build an electronic gun. SP would be the distributor.

Neither party was happy with the arrangement, so PVI split to sell a newer version through other distributors. SP was not happy. So they told there dealer network they are not allowed to sell, or even talk with PVI. This was substantial because everyone sold SP barrels. They were huge back then.

And PVI went out of business. The bank took everything, and sold it cheap at auction. Including intellectual property rights (ie patents, designs, etc). Here SP bought up the patent, design, equipment, etc. They went on to produce the SHocker 4x4. But the Shocker 4x4 was a grand failure. By now, far, far better guns have hit the market. ie Angel, Bushmaster, Tribal, even Rainmaker.

So used the PVI patent and revised it to be far more general, and then hit the entire competition with patent lawsuits. As we all know, most companies folded. Either paying royalties, or stopping production. All except WDP. They had the money to properly fight SP.

And they discovered something interesting- PVI (and its bank) was only partial owner of the patent. PVI hired Professor Hensel to do the original design work. For payment, he was given part of the design rights. SP only bought the PVI "half". WDP quickly contacted Hensel, and managed to buy up the other half of the patent.

That crushed SP. From that point they were no longer able to sue over the electro patent. In court, the Judge even noted that SP claims were fairly suspecious to begin with as they were never involved in the research, design, and development stages.
Thanks Lovecraft, I've actually red all your posts on the subject over on PBN right before I left for my freshman year there. Imagine my surprise when 2 weeks after reading that I was sitting across the desk from the man himself.
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