Patents by Inventor J. Michael Sposito

J. Michael Sposito has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Publication number: 20010042033
    Abstract: A new and improved process for monitoring and modifying a security such that a security owner may have an order price automatically updated without an need for human input. The process includes the steps of includes the steps of providing an associated security having an associated purchase price, setting a sell/stop price, setting variable points, setting a time interval, updating an associated last sale price of the associated security after every time interval, adding the variable points to the associated purchase price, the addition rendering a result, subtracting the result from the associated last sale price, the subtraction rendering an adjustment factor, and creating a new sell/stop price if the adjustment factor is greater than zero by subtracting the adjustment factor from the associated last sale price.
    Type: Application
    Filed: January 10, 2001
    Publication date: November 15, 2001
    Inventor: J. Michael Sposito