First Name *

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Product Idea Name *

Product Idea Description *

By clicking "Next" button below as my electronic signature, I expressly consent to being contacted by lovemyinvention.com advertisers including Davison by phone call, auto-dialed phone call including prerecorded voice messages, text messages, or email at any number or email address I provide. I understand that my consent is not a requirement for purchase of services. I understand that the product idea information I submit cannot be used, disclosed, or sold without my express written permission. I also understand that all Davison employees are required to sign an ethics and confidentiality agreement for my protection. I believe that I am the original inventor of the idea described herein. I authorize Davison to review my idea and contact me to give me a no-cost consultation about my idea. I acknowledge that Davison monitors and records telephone calls for quality assurance. I understand that Davison does not promise any financial gain from the development of any new product idea.

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AFFIRMATIVE DISCLOSURE STATEMENT

You should read all of this information carefully before proceeding.

The total number of consumers who submitted new product ideas to Davison during the past five years is, five hundred twenty one thousand two hundred eighty six (521,286). Davison does not provide evaluation of commercial potential; thus, it has provided no positive or negative evaluation of this or any other product idea in the last five years. The total number of consumers who were offered a Pre-Development agreement (or similar contract for research services) is one hundred ninety four thousand seven hundred seventy nine (194,779). The total number of consumers who were offered a Contingency Agreement (or other contract for licensing representation) is one hundred ninety four thousand seven hundred seventy nine (194,779). The total number of consumers who purchased a Pre-Development Agreement or similar contract for research services is thirty seven thousand eight hundred eight (37,808). The total number of consumers who signed a Contingency Agreement or other licensing representation agreement is thirty seven thousand eight hundred eight (37,808). The total number of consumers who were offered a New Product Sample Agreement (or any other contract for design services for a virtual or a product sample) is thirty two thousand five hundred six (32,556). The number of consumers who signed a New Product Sample Agreement or similar agreement is seventeen thousand three hundred ten (17,310). The number of consumers who obtained a written license with a company that is not affiliated with Davison is thirteen (13).

The total number of consumers in the last five years who made more money in royalties or sales proceeds than they paid to Davison, in total, under any and all agreements with Davison, is nine (9). This number includes people who first made a profit more than 5 years ago, if they continued to make additional profit during the past five years. The percentage of Davison’s income that came from royalties paid on licenses of consumers’ products is .001%.

Numbers current as of November 15, 2024

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Inventor Information

It is Davison's normal practice to seek more than one contract in connection with a submitted idea. Those contracts are:

Pre-Development and/or Representation- Davison will: (a) provide information on products and patents relevant to the development of the product idea; and (b) attempt to locate a licensee for the product idea after it is fully developed. Davison charges a fee of $995 plus a ten percent commission of all money received by the client on the sale or license of the product. In some cases, only research is provided for that fee. Types of Second Phase Agreements- Depending upon the degree of client preparation and the difficulty of the concept, Davison typically offers either: (a) New Product Sample Agreement or Product Development Agreement- service to professionally design and possibly construct a product sample or working model, graphics, packaging and presentation materials; (b) App development- service to develop a computer application for submission to a publisher of applications or for use in conjunction with a developed product; or, (c) Custom agreement- services in one or more areas of video, design work, graphics or package preparation. While the fees for these services are individually quoted based upon the complexity, type and anticipated design work and materials, the fees typically range from $8,000 to $16,000.

Additional Presentation Services- For customers with a New Product Sample Agreement, presenting the product idea to other potential licensees is offered as either one presentation or as a package of multiple presentations. When needed, we will create additional graphics and refurbish/repair the product sample and packaging. Fees range from $395 to $4,995. Representation- Clients who have quantities of professionally manufactured products may be offered a Representation service, which includes targeting potential corporations, presenting the product to potential licensees or distributors, as requested, and attempting to negotiate agreements for the license or distribution of the manufactured product. eCommerce Assistance- Davison also offers various e-commerce agreements to clients seeking to sell their existing stock online, to obtain third party quotes for manufacturing, and to sell newly manufactured product online. The fees range typically from $500 to $2,950 plus a ten percent commission on all money received by the client on the sale or license of the product.

I have received and read the above information