- White Belt
- Posts: 46
- Joined: Thu Jan 31, 2008 7:11 am
Hi there, I was reading the annuity and if you have a patent the typical royalty is 10%, if it is an idea/concept and they (E.E.) goes on to patent and commercialize it, I think it is 5% but go to the everyday edisons site to check it out for sure.
Now, how do I think my sister and I did? Fine I think. Also, our product new to the market and I believe that it fits all three of the Everyday Edisons criteria but we have not heard from them yet and we are hoping that we will soon. As you know though, these are the weeks that products are being chosen based on about 500,000.00 to promote/commercialize, etc.
I do know that I would have liked to not have been as nervous as I was and would have loved a more polished presentation but our product is so simple that anyone who is familiar with vertically drawn window treatments will know what we have done.