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2/18/2010 8:49 PM (PST)

I am considering doing business with a company calledNewproducthelp.com out of Miami, Fl Does anyone have anny info or previous dealing with this company? The BBB rates them as an A-, what does this mean? thanks in advance for any info.

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2/19/2010 11:28 AM (PST)

Thank you so much for you knowledge and experience. i will investigate further. You have been a great help. thank.

Ralph

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2/25/2010 9:22 PM (PST)

I am in the same situation as Ralph B. I came on to check out this company also along with Licensing Direct, Inc which New Product Help, Inc has mentioned. I see that New Product Help, Inc. has only been registered with the BBB since 1/2010. There isn't much information to go by and both business are located in the same building. Licensing Direct has no information with BBB which I have requested some and I'm not sure exactly how long that will take. I appreciate Bill's response and I will also investigate further with the information he has supplied. Thank you!

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5/19/2010 9:18 AM (PST)

Lolita,

I attached their BBB report which shows they have an A- rating and several positive reviews. You may click on View Reviews/ View BBB report to take a look.

This is an invention marketing business. The way this business works is the company purports to help you get a patent on a product and then, at least in theory, will assist you in marketing the invention.

I'm not really familiar with this firm, but in general, most of these companies have a two phase process. In the first phase, they ostensibly evaluate your invention etc and for this, they usually charge around 2,000. In the next phase, you'll be told that you've invented the next light bulb and are sitting on a gold mine. All you'll have to do is pay around 10,000 and they'll prepare a marketing plan with an eye toward finding someone to license or manufacture the product. The problem is that once the money is paid, somehow all the companies that were dying to get their hands on your invention mysteriously disappear.

The FTC has gone after some of these type of companies in the past and now they're required to make certain disclosures in their offerings. Check with the US Patent and Trademark's office website and you'll find extensive materials about these kind of offers and all of the problems associated with them. The FTC's site also contains similar information

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