“The first rule of PIMPING your IPO....File a B**S**T Patent.”
The founder of this outfit has a PhD from MIT and an MD from Harvard. If he’s a scammer, he’s an extremely well-credentialed one.
my favorite part of the patent is about 3/4 in...
“gggctggcga tgagcgaaat gtagtgctta cgttgtcccg catttggtac 342gtaa ccggcaaaat cgcgccgaag gatgtcgctg ccgactgggc aatggagcgc 348gccc agtatcagcc cgtcatactt gaagctagac aggcttatct tggacaagaa 354cgct tggcctcgcg cgcagatcag ttggaagaat ttgtccacta cgtgaaaggc 36cacca aggtagtcgg caaataatgt ctaacaattc gttcaagccg acgccgcttc 366cggc ttaactcaag cgttagatgc actaagcaca taattgctca cagccaaact 372tcaa gtctgctttt attattttta agcgtgcata ataagcccta cacaaattgg 378tatc atgaggcgcg ccacgagtgc ggggaaat”
now, where did I leave my micro-biology textbook????
happens all the time.....there have been countless patents files when a firm is in need of cash infusion. Either for IPO or so they can go to their investors and hit them up again.
Trust me, got burnt by this junk.
A lot of times the problem is that the trick only works in a few drops of water. The bacteria can’t reproduce after a few generations, need special conditions.... on and on....
Basically, everything has to go right, and one little itty bitty problem will sink the whole thing.
There are bacteria in everyone’s petri dishes that do some trick. The trick is doing it on a truly industrial scale.
I am sure eventually someone will actually pull it off, but this patent filing isn’t a press release saying they are anywhere close to going to market. No, it is nothing more than a whimpering of a patent filing used for begging for money.
May/June 2010 article in Technology Review, the MIT alumni magazine, talks about this guy and product, too.