Patents by Inventor Mark D. Lux

Mark D. Lux 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: 20030135426
    Abstract: An apparatus and method for doing business over a network, such as the Internet, is provided. In operation, a web-based automated vending device can hold out a variety of commodities for sale to the public. However, rather than offer the commodities at prices set by a vendor, the automated vending device can receive offers from potential customers and decide whether to accept or decline the various offers based on the floor-prices of the commodities. In instances where a particular offer is declined, i.e., the offer is less than the respective floor-price, the automated vending device can allow the potential buyer to submit a limited number of subsequent offers.
    Type: Application
    Filed: December 23, 2002
    Publication date: July 17, 2003
    Inventor: Mark D. Lux