Since I bailed my own arse outta this suit.....i think i'm free to speak now.
Part of Netbaits suit (a small part) was aimed at one company who placed "patent pending" on baits where no patent existed. Netbait wanted damages 'per pack' of baits that had this label on them. (the messed up... "typical government" part is that the government splits the take on this type of 'penalty'. How the whistle blower gets a cut..... i'll never know!
Ironically, another person in the suit (yum) popped up with a saved webpage that netbait had posted a year before the release of their bait as well as a year before their patent was approved. It said "Patent Pending" as well; without a patent. Yum now wants netbait to pay for every pack that they've sold since their 'deception' Its gonna get nasty, that's guaranteed. Fact is that the same "taper" that netbait is suing for (not necessarily the exact pincher shape..more the width of the inside of the pincher to the thickness of the outside edge) was patented by Yum (CHUNK TRAILER) in 2003.......years before paca. I believe they opened a big can of worms......when they should have cut bait and went home. A regular ol' "cease and desist" letter would have worked if they had sent me one, and suing these larger companies in District Court with a 10k limit is just insane to me.
I know you talked about your buddy who almost lost everything for 10 years, but finally won 100 million dollars. I would say his story is FAR from typical and that in most cases, the little guy WILL LOSE. Gamble of a lifetime; I'll Pass.
Brent
