- Report: #137589
Complaint Review: InventTech - Invent-tech - Coral Gables Florida
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InventTech - Invent-tech
2655 Lejeune Rd, Ste 550 Coral Gables, 33134-5846 Florida, U.S.A.
Phone:
800-940-9020
Web:
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InventTech Ripoff - Deceptive Solicitation Methods Coral Gables Florida
As with many others, I had an idea which I thought worthwhile but did not know how to market. When I saw the glowing InventTech television advertisement, I decided to contact them. John Dillian contacted me personally, and each time I asked the cost, he'd say there was none, that InventTech got a percentage of the sales after the project went to market. He was enthusiastic, encouraging, and kept telling me how great my invention was.
Then one day, after many phone calls, and reports that the "committee" loved my invention, I got the "package" by fax. In it were the costs that I was led to believe were not there. Thousands of dollars! I did not sign, but I did reply and, can you imagine? John was no longer interested in my marvelous idea! What a shame!
By the way, the package also had pages to sign that said that InventTech would not be responsible for marketing or promoting the idea. Ummm. So what DO THEY DO for their money? You can research, for free, on the net what they do for their $$$s.
Gale
Capitola, California
U.S.A.
Then one day, after many phone calls, and reports that the "committee" loved my invention, I got the "package" by fax. In it were the costs that I was led to believe were not there. Thousands of dollars! I did not sign, but I did reply and, can you imagine? John was no longer interested in my marvelous idea! What a shame!
By the way, the package also had pages to sign that said that InventTech would not be responsible for marketing or promoting the idea. Ummm. So what DO THEY DO for their money? You can research, for free, on the net what they do for their $$$s.
Gale
Capitola, California
U.S.A.
3 Updates & Rebuttals
Frank
New Orleans,Louisiana,
U.S.A.
Sounds like Invent Tech threatened you
#2Consumer Comment
Tue, April 19, 2005
Sounds like Invent Tech threatened you which would explain your backtracking in your follow-up posting. I'm not surprised. These crooks love to threaten people who might publicize their scam.
Check out the following ripoff report:
www.ripoffreport.com/reports/ripoff42388.htm
An excerpt:
Invent-Tech does not steal anyones ideas - that would be a ridiculous and pointless exercise. The vast majority of Invent-Tech's clients are dirt poor and would sell their idea for a few grand so, why bother stealing it if it was really going to make millions? That misunderstanding is the 'beauty' of the industry.
The client thinks that if Invent-tech was a scam; the scam would be to steal their idea and market it themselves. That is not the scam at all. The scam is to sell them a completely worthless 'marketing' campaign.
Gale
Capitola,California,
U.S.A.
InventTech Proposal Wording
#3Author of original report
Mon, April 18, 2005
This is directly from the Proposal sent by InventTech. I send it without comment. (Capitalizing is added for emphasis.)
(b) the total number of inventions evaluated by INVENT-TECH for commercial potential in the past five years is ZERO.
The number of those inventions that received positive evaluations is ZERO.; (c) INVENT-TECH has not represented, promised, or guaranteed that INVENTOR will receive any profits, success, or financial return from his/her INVENTION, the patent serarch, or Research Portofolio; (d) the total number of customers who have contracted with INVENT-TECH in the past five years, not including customers who have purchased trade show services, research, advertising, or other nonmarketing services from INVENT-TECH, or who have defaulted in their payment to INVENT-TECH, is zero; (e) the total number of customers known by INVENT-TECH to have received a net financial profit as a direct result of the Invenstion promotion services provided by INVENT-TECH is ZERO; (f)(invention confidentiality clause.); (g) the total number of customers known by INVENT-TECH to have received license agreements for their inventions as a direct result of the Invention promotion services provided by INVENT-TECH is ZERO.
Gale
Capitola,California,
U.S.A.
InventTech I do not agree with the outcome.
#4Author of original report
Thu, April 14, 2005
An update. To be fair, I want to report that a member of InventTech called me in response to a fax I sent them, and to this report. Among other things, I was informed that a lot of the "rip off" reports are not "legitimate" but are competitors attempting to blacken their reputation so that the customer would seek out someone else. He pointed out that anyone can write a report here and say anything and does not have to have documentation to back it up.
I understand what he says, and it is possible that such underhanded actions are done. He also repeated the old saw that it takes money to make money, and anyone serious about an invention should "beg, borrow, from friends and relatives" to get the necessary funds to get the idea "off the ground."
My entire point was that the costs were "hidden," and he rebutted that. I stand by my letter, and I have to point out that I am NOT a client of InventTech for the simple reason I did not send them money. Everything they do can be researched on the internet, even how to obtain a patent, how to market and how to advertise. I do want to say I appreciated the call, even if I do not agree with the outcome.
