Method and system for reserving future purchases of goods and services

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 9026471
APP PUB NO 20130191244A1
SERIAL NO

13796103

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ATTORNEY / AGENT: (SPONSORED)

Importance

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Abstract

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A method and system for reserving future purchases of goods or services or events. Group organizers buy a set of electronic options and post to their social network a notice of availability of the purchased set of electronic options for access to the underlying good or service or event. The group organizers invite their friends to join them to purchase the good or service or attend the event. The invited friends are allowed to exercise one or more individual options from the purchased set of electronic options to purchase the actual good or service or attend the event. This frees the group organizers from the burden of having to pay money for the good or service or event, collect money from invited friends and distribute the goods or items associated with the services or events yet promotes coordinated group activities.

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First Claim

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Patent Owner(s)

  • SMART OPTIONS, LLC

International Classification(s)

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  • [Patents Count]

Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Brown, Charles P Chicago, US 26 1353
Pappas, Christian S Chicago, US 18 810

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Maintenance Fees

Fee Large entity fee small entity fee micro entity fee due date
11.5 Year Payment $7400.00 $3700.00 $1850.00 Nov 5, 2026
Fee Large entity fee small entity fee micro entity fee
Surcharge - 11.5 year - Late payment within 6 months $160.00 $80.00 $40.00
Surcharge after expiration - Late payment is unavoidable $700.00 $350.00 $175.00
Surcharge after expiration - Late payment is unintentional $1,640.00 $820.00 $410.00