Patents Assigned to Auction Source, L.L.C.
  • Real-time network exchange with seller specified exchange parameters and interactive seller participation
    Patent number: 6058379
    Abstract: A method for networked exchange comprises 8 steps. Those steps are (1) specifying a mode of operations for an exchange; (2) identifying a commodity for the exchange; (3) listing information about the commodity; (4) accessing of the listing by a potential purchaser; (5) accessing the network-based exchange by the potential purchaser; (6) processing information generated by the potential purchaser, the information comprising a negotiation; (7) concluding the negotiation; and, (8) clearing the concluded negotiation.
    Type: Grant
    Filed: July 11, 1997
    Date of Patent: May 2, 2000
    Assignee: Auction Source, L.L.C.
    Inventors: James Michael Odom, Scott D. Yelich