A system and method for data processing of option/share pooling, and a method for conducting business
CA 2362959 A1 · Owner: Bdd Ventures Ltd. · Inventors: Kaplan, Boaz; Charash, Dan
Overview
Its claims, description and drawings are in the Canadian Patents Database.
Open the CIPO recordAbstract From the Canadian patent
A risk sharing method that can be beneficial to employees of start-up companies, allows the pooling of shares or options to pool members (4) even , when there is restriction on security transfer. The risk sharing method includes pooling securities in a database (1) evaluating them, and providing , participants with stakes in the pool's proceeds based on the evaluations. On the occurrence of an exit, securities are sold and proceeds are distributed thereafter from Accounts of Proceeds From Exits (2). The closing of a pool occurs at a predetermined time, or upon the occurance of a predetermined event such as a maximum number of participants. The amount of securities is limited to a …
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Listed from its CIPO record in Patent Yard's archive of Canadian patents past their term. Its claims, description and drawings are in the CIPO record and on Google Patents, and the Claude kit works from them.
Why it's free to use
- Filed March 28, 2000. No grant is recorded for it in Canada; had it been granted, its 20-year term would have ended March 28, 2020.
- A certificate of supplementary protection adds at most two years for a drug, so even that would have ended by March 28, 2022.
- We check Canadian rights only. A patent in its family in another country could still be in force: check its family on Google Patents.
Timeline
Timeline From CIPO dates
Sources & verification
Official CIPO records
Everything on this page comes from the CIPO record linked above. Contains information licensed under the Open Government Licence – Canada.