Questions and Answers for Inventors
Following are a series of standard questions that we find inventors and their associates often ask us. We hope this document helps to clarify our intended working relationship with our inventor, and we welcome any additional questions you may have for us.
What makes AERO special? To be blunt, why should I work with you?
If you, like us, believe that the massive distribution of new energy devices is vital to the well-being of humanity, then AERO offers some unique advantages. First is our track record. Our founder, Dr. Steven M. Greer, also created the Disclosure Project (www.disclosureproject.org) This project has done more to credibly disclose-on a massive, worldwide basis-sequestered information about illegal secret government programs than anything before or since. Nearly two dozen first-hand witnesses of highest reputation spoke before an audience of 250,000 people and the world's major print and television media. The subsequent stories were respectful and serious and brought Disclosure Project to the attention of hundreds of millions worldwide. Over 500 such witnesses, all ready to testify under oath, have been collected. Also, not one of the dozens of witnesses who publicly stepped forward under the Disclosure Project umbrella has been harassed or harmed in any way. The May 9, 2001 National Press Club Event and others including Larry King, BBC, Canadian Broadcasting Corporation, Voice of America, have proven Dr. Greer's ability to accomplish disclosure through mass media.
It is reasonable to presuppose that the same control interests that have suppressed and spun the subject of covert government technologies have similar interest in new energy technologies. Dr. Greer has been able to prevail because of his personal leadership qualities, including willingness to face down all forms of threat, intimidation and inducement, and a "platinum rolodex" that allows him access to the world's leaders in media (including news anchors), politics (including sitting heads of Congressional committees), intelligence agencies (including Directors), science (including top academic researchers and agency heads), business (including top names in industry and investment management) and, perhaps most importantly, certain elements of the control interests who have concluded that a planned, careful disclosure is the only sane course and elected to support Dr. Greer and his associates.
Second, AERO is approaching the rollout of new energy devices as a coordinated strategic orchestration of all relevant factors, including politics, funding, intelligence, regulatory, business planning, environmental, media, mass movement, and other factors. We plan to use the same strategy that so successfully rolled out the Disclosure Project event of May 9, 2001 with funding and resources orders of magnitude greater and sustainability over years under various contingencies, obstacles and threats. We are clear-eyed about the threats and practical enough to meet them, while simultaneously being visionary enough to foresee a far better world for our children and our children's children; a world wherein poverty, hunger, much of disease, and life as indentured servitude can be relegated to the history books through limitless, clean inexpensive energy.
Please read our Strategic Overview for additional detail and vision.
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Must the licensor be the inventor, or could it be a consortium or other entity such as corporation, partnership, foundation, or trust?
The licensor may be any party with complete legal control (outright ownership or an irrevocable license). If multiple parties share this, they would need to all sign off or form a partnership to represent their interests.
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Will AERO pay an "Upfront fee" for surrendering device for independent testing?
We will not pay for the right to test. We are paying for the testing, for 24-hour security, and for transportation. That proves our commitment. Granting the right to test proves the inventor's commitment.
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4. What guarantees are offered against technology piracy during independent testing?
We will sign any reasonable NDA (aka confidentiality agreement), and will hire 24-hour armed guards to accompany the device. The laboratories and testers will also be under contract. If the inventor wants additional security, we are open to any reasonable suggestions.
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What royalties are offered on sales of devices (% of sales revenues)?
Negotiable. We will pay normal business royalties. The inventor must be aware that the closer the device is to manufacturability and issued patent(s), the higher the royalty normally is. By way of contrast, a device that kicks out single-digit watts and must be scaled up at our expense to kilowatts, or a device that has no issued patent, is not as valuable. On the other hand, we will guarantee millions of unit sales or the rights revert to the inventor. Considering the scale we are contemplating, any reasonable royalty will make the inventor rich indeed.
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What % ownership in AERO is offered the inventor?
We prefer to compensate inventors with royalties rather than equity. This will be done through standard licensing arrangements, with appropriate performance guarantees, and may also include paid consulting or salary.
We would caution that an inventor who takes a Board seat or has a major stockholding position may be assuming personal risk for National Security-related actions and related challenges, all of which are avoided by a licensing arrangement.
Also, the licensing agreement can provide the income, wealth-building, controls as to our performance, and recognition (if desired).
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What about positions on corporate board, research council, etc. - salary, stock compensation?
All negotiable. We would welcome our inventor's participation as Chief Technical Officer, technical head of our R&D lab, and possibly as a Board member if appropriate. We plan to pay competitive salaries and offer stock option programs.
The inventor who licenses the device that we choose will either become rich from our efforts, or will have the technology revert in full. There is no middle ground.
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Does AERO require an exclusive license?
We would consider something wherein a certain geographic area is reserved for another party(ies). However, before making this decision, let's talk. We have excellent contacts to highest levels of leadership (political, industrial, spiritual) in many of the world's largest potential markets. Our interests may converge rather than diverge. In particular, we consider India a prime market for various reasons.
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What about Terms of Performance, Guarantee of License and Terms of Release, such as:
Time periods allowable for independent testing, patenting and commercialization;
Penalties imposed for delays or nonperformance;
Forfeiture of license and reversion of technology to licensor
All negotiable, and we will be reasonable. We will share our reasoning with the inventor in these negotiations, and strive to strike a deal that seems fair and workable to both parties. We are looking for a working relationship. Whether penalties are the best means to assure our performance should be discussed. We definitely wish to be held accountable.
Our main objective is that the technology be massively disclosed and disseminated, even if we fail to make a dime. Further, the inventor must understand that under some circumstances free dissemination may need to be threatened in order to dissuade suppression. Our inventor must share our priorities-specifically, that assuring the world's knowledge of and benefit from these technologies is more important than our own profit.
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What about "Hold Harmless" clauses for licensor in event of lawsuits against AERO?
Ordinarily when a party licenses technology to another who manufactures/markets it, there is no recourse against the licensor, whom the courts recognize as a passive party. However, we would gladly do this. We will conduct ourselves such that we have no fear of legitimate court or regulatory actions.
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What philosophical views must we share to work together?
As stated above, we must concur that profit is secondary to massive dissemination of these devices, though both together is our preference.
You will do what you do so well, and with our full support. You will in turn allow us to do that which we excel; specifically, strategy and leadership.
Openness and visibility are two of our "contrarian" stratagems which, paradoxically, give us a real foothold against the secrecy and invisibility of the control interests. Access to the most sophisticated and deeply entrenched intelligence, government, and control personnel has persuaded us that the attempt to play "spy games" is futile. We will not do so. We will take only normal, appropriate measures to secure our data and confidential information.
On the other hand, although we believe our allies in the Disclosure-oriented MJ-12 control interests can protect us against most exotic weaponry and physical threats (for which there would otherwise be no defense), we will upon massive funding deploy state-of-the art surveillance and physical security measures to deter less advanced yet equally motivated opponents, such as oil interests and other beneficiaries of the old order. We are above all practical.
All of our Phase I investors are mainly "friends and family" of Dr. Greer and his close associates. Although we will be accepting Phase II and Phase III funding from some very wealthy and powerful parties, these will ONLY be those for whom making money is a distant second to serving humanity by getting these devices into widespread use.
One crucial "screen" to keep out those who might wish to shelve the device, sell it for exorbitant profit to a control interest, or tie us up in court is that IN NO WAY will the investors be in a control position. Dr. Greer and close associates who have faced down death threats will retain absolute control until well into Phase III, when the devices are widely manufactured and distributed. (Should we fail to meet any crucial milestone along the way, the technology will revert to the inventor. Dr. Greer and all of us at AERO wish to be held accountable for our performance.)
Also, while we do not require it of inventors we are getting to know, we strongly encourage you to consider using us as a repository of your crucial technical information, especially that which enables construction of a functioning device. The reason is that the very fact of your methodology being stored elsewhere provides you a measure of protection-stopping you does not stop dissemination, which would be the purpose of stopping you. You need not use AERO for this purpose, but please use some trusted repository.
Advantages we offer include:
We will sign a standard NDA categorically stating that the information remains your intellectual property, which protects you for patent ownership and trade secret purposes,
We have multiple distinct locations where we store the most sensitive documents, and
We have protection from certain rogue government and paragovernmental groups trying to suppress such technologies (although we cannot assure that this or any other protection is foolproof.)
If you prefer to use another repository instead of or in addition to ours, please do so. Be sure to do so under an NDA agreement (we have a model drafted by a top attorney that you may use), and be sure to stamp each submission CONFIDENTIAL INFORMATION.
We welcome your additional questions, whatever they may be. Please contact us at info@aero2012.com.