Update: Innovation Direct™ speaks with inventor of kitchen accessory that is subject of exclusive developmental licensing agreement; document to be returned fully executed soon…

Good morning, Juan C. Blanco, Innovation Direct™’s Director of Product Licensing, checking in with our first report for a Friday. Earlier this morning, the Innovation Direct™ representative that manages the Innovation Direct To Industry™ account of New York-based Allstar Marketing Group, LLC spoke with the inventor of the kitchen accessory from our roster that is the subject of an exclusive developmental licensing agreement with the company. We had most recently reported on this situation in a September 23rd entry (http://innovationdirectonline.com/blog/?p=1245).

As we’d explained in that posting, the agreement had been e-mailed to the inventor that day and a voice mail message had been left for as well for a return call. Those communications were reciprocated today, when the inventor called our aforementioned colleague and went over the agreement with him in detail. The inventor understood and was amenable to all of the document’s terms, and will be returning it with her signature later in the day.

We will continue to keep you abreast of any and all developments with this situation, here on the Innovation Direct™ Blog. Check in often!

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