Keepin It Real w/Caramel "As We Say 100"

Interview with The Inventor & Creator of Bunch O' Balloons & Spokesman for US Inventor - Josh Malone


Listen Later

Josh is well educated how to help people get patent. He went through alot now he helps other people. He wants to make a difference and now working with legislators to do so. ABOUT JOSH MALONE: 
Josh Malone quit his corporate job in 2006 to take his shot at the Inventor’s Dream. Eight years later, savings depleted and kids college unfunded, he took one last swing before trudging back to the corporate world. And hit a homerun with Bunch O Balloons. His solution to the 63-year-old problem of filling and sealing water balloons instantly became the number one selling summer toy. His invention was stolen by a notorious infringer who convinced the USPTO to revoke his patent under a controversial procedure of the 2011 America Invents Act. A brutal and costly legal battle combined with an anti-corruption crusade ultimately resulted in a $31 million award and restoration of his patent rights. He is now a full-time volunteer with the inventor advocacy organization, US Inventor.
 
 
ABOUT US INVENTOR:
US Inventor is a non-profit association of inventors devoted to protecting the intellectual property of individuals and small companies. It represents its 13,000 inventors and small business members by promoting strong intellectual property rights and a predictable U.S. patent system through education, advocacy, and reform. US Inventor was founded to support the innovation efforts of the “little guy” inventors, seeking to ensure that strong patent rights are available to support their efforts to develop their inventions, bring those inventions to a point where they can be commercialized, create jobs and industries, and promote continued innovation.
Bunch O’ Balloons creator Josh Malone, spokesman for US Inventor, reveals how a corrupted US Patent Office helps Big Business steal intellectual property and crush the spirit and dreams of America’s inventors.
 
For more than two centuries, the United States patent system has incentivized, protected, and rewarded America’s most brilliant innovators by guaranteeing them exclusive ownership and the right to profit from their new life-bettering products and technologies. Fueled by the increased productivity these inventions provided and the jobs they spawned, America flourished and prospered.
Tragically, the 200-year-old-mission of the US Patent Office quietly changed with the passage of the 2011 America Invents Act and the creation of the Patent Trial and Appeal Board (PTAB).  Now, because of that legislation, the US Patent Office is no longer a place where patents are born -- it’s a place where patents belonging to small inventors are taken to die at the hands of big corporations and PTAB administrative judges.  
JOSH’S STORY:
Josh Malone invented the number one selling outdoor toy Bunch O Balloons, a hose attachment that allows kids to fill up 100 water balloons in under a minute. Shortly after launching his invention and raising close to $1M from 21,000 backers on Kickstarter, a knock-off called Balloon Bonanza was featured in a TV commercial from the “As Seen on TV” company, Telebrands. Emails obtained in court proceedings years after the fact revealed a deliberate scheme – “this is only the first proto so assume this will have 37 filler rods and balloons (or more or less) like theirs and work exactly like the original ‘Bunch of Balloons." More Telebrands knockoffs and a series of injunctions and court appearances followed over the next few years. Telebrands proved itself to be a world class patent infringer.
You can go to www.usinventor.org to find out more information and to follow Josh on social medias you can find him as Josh Malone or Josh The Balloon Guy
...more
View all episodesView all episodes
Download on the App Store

Keepin It Real w/Caramel "As We Say 100"By Caramel Lucas

  • 3
  • 3
  • 3
  • 3
  • 3

3

2 ratings