Patent ID: 7315836
Filing Date: 2008-01-01
Classification: G06Q,Y10S

Abstract:
1. An electronic data processing method for use by an investment entity for allocating payments to each respective one of a plurality of investor accounts comprising: defining a plurality of investor accounts in at least one electronic database; transferring an initial monetary amount from each of a plurality of investors to said investment entity; associating said initial amount from each of said plurality of investors with a respective one of said plurality of investor accounts in the at least one electronic database; identifying the initial ownership of a patent in the at least one electronic database; using at least one algorithm for assessing a value of the patent, and entering the assessed value of the patent in the at least one electronic database; paying a monetary amount from said investment entity to said initial ownership of said patent upon transfer of title to a subsequent owner other than the original initial owner; granting at least one right under the patent to said initial owner of said patent; obtaining at least one payment from an initial user of said patent; and allocating said at least one payment from said initial user to each respective one of said plurality of investor accounts in the at least one electronic database.