Update: Innovation Direct™ receives response from India-based company regarding 48 hour deadline given; further response expected next week…

Hello, Juan C. Blanco, Innovation Direct™’s Director of Product Licensing, back with an update on a situation we had just reported on just yesterday (“Update: Innovation Direct™ provides India-based sporting goods manufacturer with 48 hour deadline to provide feedback on licensing proposal…“). Earlier Friday, the Innovation Direct™ representative who has been managing the long-standing advanced level of interest displayed in sporting goods accessory by an India-based company received a reply from an employee of the manufacturer regarding an e-mail that had been sent on Thursday that placed a 48 hour deadline on a response to a licensing proposal that had been sent to them.

As per the e-mail response received, the owner of the company, who the note had been intended for, is temporarily out of the country but will apparently be responding soon after his return. We are cautiously optimistic about the fact that the manufacturer took the time to respond to the e-mail instead of allowing us to assume they were no longer interested in licensing the product, but still will wait to determine whether or not this latest development signifies true progress in the right direction.

The Innovation Direct™ Blog will continue to be the space for any and all updates to this situation, so check in frequently!

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