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 OK... so i have come up with a multi millionaire idea!...would you buy this product!???
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M
Should i trust this company with my money?
i recently posted a question as i had thought up an invention which i believed would take off. i submitted my idea to a company called DAVISON DESIGN AND DEVELOPEMENT in america, (if you have heard of this company please could you let me know if they are bona fide and what kind of reputation they have), now they are saying they need $684 (about £342) to continue the development of my idea, im in 2 minds as weather to do this or not as im sure it will take off and the company agrees with me but cannot take the research further without this payment. can you think of any questions i should as to put my mind at rest or to get any good worthy information out of them.
                     
 




bugaboo
Rating
Be careful.. Most inventions/good ideas don't take off, but cost the inventors a packet trying to launch. Stating that however, approach a company that would be interested in what you have to offer. They will pay you for your idea, rather than extort from you.


jk_thegooner
Rating
Please state if you live in the US or UK.

If it's the latter, you might be better off trying to get 'The Dragons Den' to look at it. They will give you money to develop the idea, in exchange for equity in the business you set up.


Charlene
Rating
Are there any invention shows you can take it to instead?


URESH c
dreding is treding -jivan me tu darna nahi. jit ke liye trust rakho.


Saucy B Foxilicious
DON'T.

You need to apply for a patent for your ideas (not to be pinched) and should not have submitted it to a private company.

You need to speak with the patent office.

This company is just a cowboy outfit.


Once you have patented your idea (and they also check out if it is already patented as an idea, you can develop it further and further finesses your patent). Without a patent you will be ripped off if it is a marketable idea - BIG TIME.

Patent is the only protection you need.

Forget about this dodgy company.

ONCE YOU HAVE A PATENT YOUR PRODUCT IS PROTECTED AND YOU ARE THE OWNER OF THE IDEA. YOU CAN THEN EMPLOY OTHERS TO DEVELOP IT IF REQUIRED BUT BE CAREFUL WHO YOU EMPLOY AND MAKE IT CLEAR IN CONTRACTS AND ALL CORRESPONDENCE THAT THE OWNERSHIP OF THE FINAL PRODUCT AND ITS TOOLING AND PLANS ARE TO BE OWNED BY YOU 100% AND YOU CAN ASK FOR THEM BACK AT ANY TIME AND THEY MUST GIVE THEM TO YOU.


Angel A
NO NO NO... u do not part with any money .. many scams on the enet... .. ask for some refences... And the check them out


ezeikiel
I wouldn't trust anyone with my money to develop my idea. If they think it is any good then they should pay you for it, not the other way round. If you pay, they will probably ask for more cash later, and more later until you run out of money or get wise.


ǁSӎaƦť Sţưḟḟ ǁ
I think that as your invention obviously means alot to you, you should do your own indepth research, as someone could just make something up which could cause you to make a wrong descision.

PS id love to hear about your invntion, message me =)


barneysmommy
BEWARE

have a look at this site

http://www.ripoffreport.com & www.badbusinessbureau.com

Then look for Davison Design - 70 reports of people being ripped off.

Be careful


rodcornwall
Rating
If its your idea-pay nothing-seek legal advice on internet.


let's play
Rating
u should not pay they should pay for ur designs but already u have show u can just try now


Jackass
Sounds a bit dodgy! Have you googled them? Do they have a website?


cgoodchild
depends on the invention you have come up with...before going ahead with anything i would suggest you make sure you get it patented and that you maintain all possible rights and ownership of the invention...that way it will secure you from anyone else taking your idea and claiming it as their own and keeping all the profit if any...secondly unless the invention is something which you are unable to make yourself then i would recommend doing indepth research into the company maybe look on the internet see if anything comes up about them on google..

best question to ask the company is what rights over the invention idea you will have and which rights the company will have...its also advisable to seek legal advice in regards to this as it couold save you loads in the long run...

hope that is of some use to you


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