Update: Innovation Direct™ receives Vermont-based manufacturer’s feedback on personal motorcycle accessory…
Hello, Juan C. Blanco, Innovation Direct™’s Director of Product Licensing, checking in with an update on a situation we had most recently reported on in a July 9th entry (“ITT Licensing™ receives signed non-disclosure agreement from Vermont-based manufacturer for personal motorcycle accessory; detailed design information sent…“). In that posting, we had mentioned that detailed design information on a personal motorcycle accessory from the Innovation Direct™ roster had been sent to a Vermont-based manufacturer after Innovation Direct™ had received their signed guarantee of confidentiality.
Earlier Tuesday, the company owner contacted the Innovation Direct™ representative managing their interest since the onset and mentioned that they will be passing on going any further with the item. Specifically, the company explained that they do not have the manufacturing capabilities for such an item, and they are also not equipped to properly market the product.
While this is certainly not an ideal response, Innovation Direct™ nevertheless continues undeterred in the effort to achieve licensing success with this item. Check in frequently with us for more news!