Update: Innovation Direct™ sends follow-up letter and second copy of non-disclosure agreement regarding balloon novelty product to Texas-based company…

Good evening, Juan C. Blanco, Innovation Direct™’s Director of Product Licensing, chiming in with an update on a situation we had last reported on in a January 28th entry (“Innovation Direct™ inventor’s novelty balloon item catches the eye of Texas-based manufacturer; non-disclosure agreement sent…“). Earlier Friday, the Innovation Direct™ representative that originally sent the non-disclosure agreement that was reported about in that posting sent the Texas-based company that had expressed an initial interest in a balloon novelty item follow-up communication.

The manufacturer had initially expressed an interest in seeing detailed design information on the product idea in late January after having reviewed preliminary, non-confidential materials they had received. With a month having elapsed since the original document was sent, we felt it would be prudent to send a letter and second copy of the confidentiality agreement.

We hope to be able to report good news regarding this situation soon. Join us here on the Innovation Direct™ Blog for the latest on any happenings!


Leave a Reply