Update: Innovation Direct™ communicates further with West Coast-based industry partner regarding automotive tool that is the subject of interest…
Hello, Juan C. Blanco, Innovation Direct™’ s Director of Product Licensing, back with another update for a Wednesday. Earlier this afternoon, Innovation Direct™ was able to make contact with the inventor of an automotive tool that was the subject of interest from a tool company that is currently dealing with our West Coast-based industry partner. We had reported on this situation in detail in a May 15th entry (“Innovation Direct™ receives news of possible interest in automotive tool accessory from West Coast-based industry partner…“).
As we had explained in that posting, our West Coast-based industry partner, who is dealing with a Nevada-based tool company that has taken an interest in this item, needed to find out if the inventor had a working prototype. The Innovation Direct™ representative managing the situation had finally heard back from the inventor on this earlier Wednesday, and was informed that the inventor does not have a working model of his concept. This news was promptly delivered to our industry partner and after further discussion, it was agreed that he will present the interactive virtual reality presentation on the invention to the company in lieu of the prototype being available.
We are certainly hopeful that the interactive virtual reality presentation, which is extremely high in quality and provides a vivid depiction of how the item would function, will make a positive impression on the manufacturer. As soon as we receive word back from our industry partner we will certainly inform you of the details, here on the Innovation Direct™ Blog. Check back with us!