Patents by Inventor Michael Van Norstrand

Michael Van Norstrand 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: 20040064398
    Abstract: A method and system for financing publicly traded companies. According to one embodiment, a client provides collateral for receiving financing. Such collateral includes, on one hand, pledged assets, for example, accounts receivable, equipment, inventory real estate and the like, and on the other hand, stock. The stock is transferred to an entity, such as a limited liability company (LLC). The stock may be liquidated throughout the term of the financing or upon default by the client. If the client defaults, the cash and stock are provided to the lending party; where the LLC is majority owned by the client and the client does not default, at the end of the term, the client has a funded financing company in the form of the LLC.
    Type: Application
    Filed: April 4, 2003
    Publication date: April 1, 2004
    Inventors: Spencer I. Browne, Gary J. Graham, Michael Van Norstrand