Patents by Inventor James B. Wootton

James B. Wootton 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).

  • Automated bid ask spread negotiations method
    Patent number: 8175951
    Abstract: The automated bid ask spread negotiations method is a computer process and system for negotiating transactions combining a bargain sale strategy with the normal negotiating process. The system effectively adds a bonus to the package of benefits, thereby closing the gap from a previous nominal price asked and bid, but payable to a charity of the seller's choice, over a long term and at a favorable rate of interest, at the same time, providing a tax deduction for the seller, as well as an interest deduction for the buyer of the asset or services.
    Type: Grant
    Filed: May 12, 2009
    Date of Patent: May 8, 2012
    Assignee: American Charter, LLC
    Inventor: James B. Wootton
  • Automated bid ask spread negotiations method
    Publication number: 20100293102
    Abstract: The automated bid ask spread negotiations method is a computer process and system for negotiating transactions combining a bargain sale strategy with the normal negotiating process. The system effectively adds a bonus to the package of benefits, thereby closing the gap from a previous nominal price asked and bid, but payable to a charity of the seller's choice, over a long term and at a favorable rate of interest, at the same time, providing a tax deduction for the seller, as well as an interest deduction for the buyer of the asset or services.
    Type: Application
    Filed: May 12, 2009
    Publication date: November 18, 2010
    Inventor: James B. Wootton