- Report: #647651
Complaint Review: Lambert & Lambert - St Paul Minnesota
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Lambert & Lambert
7616 Currell Blvd St Paul, Minnesota, United States of America
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Lambert & Lambert rip-off report St Paul, Minnesota
Dear Sirs
Its a numbers game and there is no need to tale a chance: you pay $190.00 for their time, they assess your product. If its is the best thing since sliced break, they and you are onto a winner. But they are never at risk, do the numbers!
Why you will seldom reach the right score!
A more honest and straightforward company that uses the web as its basic selling tool has put out these figures: in the past 5 years 49 thousand people have put their ideas forward for submission & evaluation. 49,255, yep, thats forty nine thousand two hundred and fifty five, times that by their fee of 190.00: equals over 9 million dollars in five years. Thats a turnover of 1.8 million per year, what did I say at the start; Lambert & Lambert dont need your invention, just your fee.
In the five years that the 49 plus thousand people have put their ideas forward, how many have been successful???? Just 14.
Read that again, 14.
Since 1989 only 416 license agreements have been signed with this (not prepared to name the company at this time) company, so out of 49,255.00 people all paying evaluation fees only 14 people & 416 license agreements have come out of it.
Thats a lot of money in anyones books but if you add to that the offshoot sales of "the essential resources" CD @ $29.95 and the "Inventors Secrets" @ $199.95 then there really is no need to put any inventions into production; unless of course the inventor has reinvented the wheel. And only then if there is no need for the likes of Lambert & Lambert to have to put any of their hard earned cash forward
1 Updates & Rebuttals
Trevor Lambert
United States of AmericaNumbers are Wrong
#2REBUTTAL Owner of company
Mon, February 21, 2011
Dear Reader,
I'm not sure where the inventor got these statistics, but our number of invention submissions aren't anywhere near the numbers cited in the inventors original report. We receive a small fraction of invention submissions and since we represent on contingency, our business model essentially requires that we successfully license products to generate royalties to remain in business.
Kind regards,
Trevor
Trevor Lambert
President, Lambert & Lambert, Inc.
