Subject: RE: Visit Preparation From: rnelson@walden3d.com Date: 02/27/2007 04:20 PM To: R. Bowen Loftin Bowen, Thanks for your comments. I once read an economist summarize life. He wrote people play two types of games: fixed pie games and pie building games. Fixed pie games are where if you get a bigger piece of the pie, they you are somehow taking something from me. So people who play these games never want anyone else to have any pie. Pie building games imply you have an ingredient, and I have an ingredient, and as long as we both put in our ingredients, we can make as many pies as we want to. I always play pie building games, as I am sure you know. However, I have spent a lot of time and effort making sure The Knowledge Backbone(SM), Infinite Grid(SM), Timedex(SM), and Transaction Patterns(SM) are protected IP. Doesn't mean I can't or won't talk about them, it just means when I see them being copied by someone with no published work along these lines, after I've shown it to them, or after I find out they have been downloading lots of related stuff from my web site, and they do not acknowedge the original source, I feel free to play fixed pie games. In addition to these specifics, there are several processes and ideas in the material I've put together which have the potential of being patentable or commercially successful or possibly even could win a large prize. However, unless a patent is applied for, they are commercialized, or are entered into a contest by some organization with sufficent resources to properly pursue the opportunity, they are just ideas, and are of absolutely no commercial value. Therefore, I want to share all of my ingredients with you and your colleages to see if there is a fit with any of your ingredients, where the end in mind is we can make some really big pies. Not talking about proprietary items means I would pull many of the pages I've prepared as back-up for the meeting from the web, or I would have to have a lawyer with me to make sure I don't say something innovative. This makes no sense to be, because then there is no chance to see if there are any joint pie building ingredients. Lastly, I realize higher education today is largely fixed pie political one-up-man-ship game played by big egos, many of whom have their private commercialization companies on the side. And I'm still idealistic enough to believe this can be changed, at least on specific projects, as long as the value of everyone playing pie-building games is recognized. What I am attempting to state on page 3 is Texas A&M University at Galveston, and the related organizations, can have free access to all of Walden 3-D's IP, as long as it is always acknowledged as Walden 3-D's IP when it is presented anyplace. This is normal operating proceedure for peer reviewed papers, and so I see absolutely no problem. Secondly, that TAMU@G has a first right of refusal to patent or otherwhise legally protect any of the IP which is recognized to be of value, as long as I have free use of the IP, and we negotiate a reasonable royalty sharing agreement if patents are licensed to others (10% for Walden 3-D, Inc. is what is in my mind, which I believe is about one-third what others request or get). Thirdly, that if there is something TAMU@G is not interested in patenting, and W3D thinks it is worth patenting, and if W3D has the resources to do so, then W3D will still provide a written description of the proposed Patent to TAMU@G to insure there is no interest before proceeding with the patenting process. There is no way to negotiate any of this, unless there are ingredients of value to existing or planned projects at TA&MU@G or affiliated organizations. The only way to know if there are ingredients of any value is for open and frank discussions between people who trust each other. I trust you! I do not know your colleages, and yet your position insures me there will not be any blatent violation of my trust. And because it is important, with real financial consequeces, I think it is imporant to get this IP stuff on the table on the front-end of the kind of discussions I anticipate we will have. I apologize for not being not knowing how to be more concise in my response to your comments. Does this make sense to you? Where am I going to meet you on Friday, at what specific time, and is it suit & tie or business casual? Best Regards, Roice > > Roice: > > > > Sorry for the delay--there are many alligators in the swamp at this > > time. > > > > We are also looking forward to your visit. Bill Seitz and Bill Merrell > > do have some concerns about your third slide. > > > > I think it will best at this time if you limit your remarks (etc.) to > > nonproprietary items. Nothing we will present to you is regarded as > > proprietary. It will be best if the two Bills get acquainted with you > > without having to worry about any issues of intellectual property at > > this time. Then we can see where the path takes us. > > > > With best regards, > > > > Bowen > > > > R. Bowen Loftin, Ph.D. > > Vice President and Chief Executive Officer > > Professor of Maritime Systems Engineering (TAMUG) > > Professor of Industrial and Systems Engineering (TAMU) > > Texas A&M University at Galveston > > P.O. Box 1675 > > Galveston, TX 77553-1675 > > 409-740-4403 > > 409-740-4407 (fax) > > loftin@tamug.edu > > www.tamug.edu