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Message: FOX News now talking about the growing asset value of patent portfolios

"This bodes quite well for the EDIG innovations group and the 11 new patents pending."

I thought the web cast stated that 3 patents had been filed, the remaining 8 would be filed in the future. Correct me if I am rwong.

1. What do the terms “patent pending” and “patent applied for” mean?

A. They are used by a manufacturer or seller of an article to inform the public that an application for patent on that article is on file in the United States Patent and Trademark Office. The law imposes a fine on those who use these terms falsely to deceive the public.

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