Update: Innovation Direct™ receives feedback regarding licensing agreement from inventor of bedding accessory…
Hello, Juan C. Blanco, Innovation Direct™’s Director of Product Licensing, chiming in with a quick update on a situation we’d most recently reported about in a entry. Earlier Thursday, the Innovation Direct™ representative managing the long-standing interest that Florida-based Designer Factory Showroom has displayed in a bedding accessory from our roster received feeedback from the inventor regarding the licensing proposal he had sent him for review.
The inventor was satisfied with the terms and conditons of the document, as well as the modest acquisition fee and multi-tiered royalty percentanges proposed. The proposal will now be sent to Designer Factory Showroom for review.
Check in with us here on the Innovation Direct™ Blog for the latest regarding this situation!