How much would an investor pay for an personal home generator that ran forever?
Posted by admin in Finance Wednesday, 23 November 2011 11:59 3 Comments
Imagine a home generator that ran forever without needing any fuel, if i had a patent and a protostype for a machine like that, how much could i sell it for?
sorry “a personal generator”, changed the wording of the question but left “an” instead of changing it to “a”.
And say i could sell it for around $6000 per unit.
You could sell it for pretty much whatever you asked for it. You see, this would be classified as a perpetual motion machine by the US Patents and Trademarks Office. That would be because it is a generator that is generating MORE energy than it is consuming. And according to you, it apparently CREATES energy, which goes against Newton’s Laws, The Theory of Relativity (special and general), and a whole host of other Scientific facts and laws that have been proven over and over. It is impossible…with our current understanding (and even our current imagination) of the universe. Thus…it would be classified as a perpetual motion machine. And as such, they would not even review it for patent status; it would get immediately rejected. So IF you actually HAD a patent on it, it would be worth something in itself.
Your price should be at least what the machine costs you to build, market, ship etc plus the cost of what it would have cost to provide that power without the machine – forever.
Well, since stupid people rarely have that much money (at least their own money), probably not very much. You might be better off starting your own small manufacturing (after all, you have the prototype) and try to sell it directly – unless that would bring you in conflict with any warranty or false advertising laws.
An even better way to market such a revolutionary invention (after all, you _do_ have the patent, don’t you?) would be to fully disclose its workings (since patents are public documents anyway you won’t spill any secrets that way) and offer to sell licenses to any commercial manufacturer interested in the system – and sue the heck out of anybody manufacturing your generator without such a license.
You will know that you were successful when the first chinese copies appear on the market. And if that thing works, they will, no matter how you decide to market your invention.
Basically: I don’t believe you. I know too much of physics and have seen too many of these claims. But I’d be glad if you can prove I’m wrong.