Randal McMullin

Morgantown, WV (USA)
Role(s):
Founder/Owner/Principal

INVENTOR-SLIPPERY ROAD SAFETY STOP

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Location: Morgantown
Industry: Automotive
Year Founded: 2011
Number Employees: 1-10 people
Business Stage: Creation/Idea
Entity Type: Not Incorporated
Description: Slippery Road Safety Stop. I have invented a device that will stop a moving vehical on icey road's. car,truck,bus,ambulance,fire truck ect... i moved to west virginia from texas and was scared of driving on hill with ice. The first time the roads got iced over i almost crashed. And my job has me driving alot. Thats when i came up with my idea. I built it and installed it in one day. The road were still icey and i just had to try it out. i was amazed on how well it worked. people were sliding off the road and down hill's . but i was able to pass them under great control. The design is so simple to make and easy to use. after showing a friend. He explaind i need to Patent this idea. I have got my idea with Patent World Wide. They did a market survey and told me they feel very strong on the secess it will bring in the Safty area it covers. I told them i did not have alot of money to spend on this. To have this done would cost me $1100.00 Patent World Wide took on all of the cost to put together my presentation to show investor. They have covered all cost with my idea. I now have the results back and need to get a patent. This is why i need someone to help me. It is going to cost about 13,000.00 for a USA Patent and about $30,000,00 for a World patent. And i just don'thave that kind of money. World Wide patent will get 10% of gross and I get 90% with and investor im willing to give up half 45% of my invention. Here are the result of their Market Analysis Legalety 75% Safety 85% Enviromental Impact 78% Societal Impact 81% OVERALL FACTOR = 80% The next Market Research area BUSINESS RISK FACTORS Functional Feasibilty 71% Production Feasibility 81% Stage of development 75% Investment Cost 74% Marketing Research 75% R&D 75% OVERALL FACTOR 72% DEMAND ANALYSIS FACTOR Potential Market Size 65% Sales Potintial 70% Trend Demand 73% Sability Demand 76% Product Lifecycle 77% Product Line 72% OVERALL FACTOR AVERAGE 72% MARKET ACCEPTANCE FACTORS Compatibility 83% Learning Curve 75% Need 61% Dependance 80% Visibility 88% promotion 75% Distribution 75% Service 79% OVERALL FACTOR 77% COMPETITIVE FACTORS Appearance 62% Functionality 82% Durability 65% Price 60% Existing Competion 73% New Competion 89% Protection 56% OVERALL FACTOR AVERAGE 70% I am will to share my patent with my investor