Patents by Inventor Micah Pittman

Micah Pittman 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: 20120239493
    Abstract: In embodiments of the invention, bailed property units may be stored on a portable platform in accordance with a financing/bailment agreement. In accordance with the financing/bailment agreement, the dealer/bailee is required to retain the bailed property units in a controlled area to enable embodiments of the invention to perform real-time execution of inventory financing transactions. Since the platform on which the bailed property units are stored is portable, the platform includes a location detector, such as a GPS unit, to enable tracking the location of the platform in the controlled area. A tag reader and location detector output a wireless event signal and wireless location signal. A first server wirelessly coupled to the reader and location detector, is programmed to access terms of the agreement. The first server is programmed to monitor the event and location signals received from the reader and location detector.
    Type: Application
    Filed: March 14, 2011
    Publication date: September 20, 2012
    Applicant: Inteletory, LP
    Inventors: Edward ZUGHAIB, Mark Friesen, Micah Pittman
  • Publication number: 20120239499
    Abstract: In embodiments of the invention, as an inducement to a dealer/bailee entering into the financing agreement with a financing entity/bailor, the bailor may offer the use of embodiments of the invention to prepare targeted advertisements of the bailee's inventory for distribution to the bailee's customers. A first server coupled to a tag reader, is programmed to access terms of the agreement, to monitor the event signals received from the reader. A second server is coupled to the first server and is programmed to collect data based on the event signals received by the first server and to use the data to prepare targeted advertisements of the bailee's inventory, in accordance with the agreement.
    Type: Application
    Filed: March 14, 2011
    Publication date: September 20, 2012
    Applicant: Inteletory, LP
    Inventors: Edward ZUGHAIB, Mark Friesen, Micah Pittman
  • Publication number: 20120239568
    Abstract: In embodiments of the invention, in accordance with a financing/bailment agreement, a dealer/bailee is required to retain the bailed property units in a controlled area to enable embodiments of the invention to perform real-time execution of inventory financing transactions. The bailed property units are tagged with tags for inventory identification. A reader device associated with the controlled area, detects entry or removal of the bailed property units by detecting a signal from a tag of the bailed property unit, the reader outputting an event signal. A server coupled to the reader, is programmed to access terms of the agreement, to monitor the event signals received from the reader. The server is coupled to one or more banks having an account of the bailor and an account of the bailee.
    Type: Application
    Filed: March 14, 2011
    Publication date: September 20, 2012
    Applicant: Inteletory, LP
    Inventors: Edward ZUGHAIB, Mark Friesen, Micah Pittman