Patent ID: 7228288

Claim:
An electronic data processing method comprising: a) identifying an intellectual property; b) identifying initial ownership of said intellectual property; c) assessing a value for said intellectual property using at least one algorithm; d) obtaining title to said intellectual property; <d1> in exchange, paying the initial ownership, from a general trust account, an amount not more than the assessed value of said intellectual property; <d2> obtaining funding for said general trust account from a plurality of initial investor accounts; e) creating said investor accounts by identifying a plurality of investors, obtaining an initial amount from each of said investors and associating in at least one electronic database at least a portion of said initial amount with at least one investor account for each said investor; f) granting a license to said initial ownership to use said intellectual property in exchange for at least one payment from said initial ownership; g) allocating said at least one payment from said initial ownership to said general trust account in the at least one electronic database; h) allocating payments from said general trust account to at least one of said investor accounts in the at least one electronic database; i) identifying at least one other intellectual property; j) identifying initial ownership of said at least one other intellectual property; k) assessing a value for said at least one other intellectual property using the at least one algorithm; l) obtaining title to said at least one other intellectual property in exchange for paying not more than the assessed value of said at least one other intellectual property to said initial ownership; <l1> obtaining said payment to the initial ownership from a general trust account; <l2> obtaining funding for said general trust account from at least one subsequent investor account; m) creating said subsequent investor accounts in the at least one electronic database by identifying a plurality of investors, obtaining an initial amount from each of said subsequent investors and associating at least a portion of said initial amount with said investor account in the at least one electronic database for each said subsequent investor; n) granting a license to said initial ownership to use said at least one other intellectual property in exchange for at least one payment from said initial ownership; o) allocating said at least one payment for said license for said at least one other intellectual property from said initial ownership to said general trust account in the at least one electronic database; p) allocating payments from said general trust account to at least one of said subsequent investor accounts in the at least one electronic database.