Patents by Inventor Phil Bak

Phil Bak 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).

  • Exchange traded product system and method
    Patent number: 8560422
    Abstract: A system for managing assets of a trust owning a controlled foreign corporation (CFC). The system includes means for associating the CFC with the trust owning the CFC and means for tracking assets associated with the CFC and the trust owning the CFC. A method for managing assets of a trust owning a CFC includes (1) associating the CFC with the trust owning the CFC using a linking database, (2) tracking assets associated with the CFC and the trust owning the CFC using an asset database, (3) tracking transactions associated with the assets using a transaction database, and (4) determining profit/loss data associated with the transactions using a processor communicatively coupled with the transaction database.
    Type: Grant
    Filed: October 8, 2012
    Date of Patent: October 15, 2013
    Assignee: Security Investors, LLC
    Inventors: Phil Bak, Kevin Farragher
  • Exchange traded product system and method
    Patent number: 8285621
    Abstract: A system for managing assets of a trust owning a controlled foreign corporation (CFC). The system includes means for associating the CFC with the trust owning the CFC and means for tracking assets associated with the CFC and the trust owning the CFC. A method for managing assets of a trust owning a CFC includes (1) associating the CFC with the trust owning the CFC using a linking database, (2) tracking assets associated with the CFC and the trust owning the CFC using an asset database, (3) tracking transactions associated with the assets using a transaction database, and (4) determining profit/loss data associated with the transactions using a processor communicatively coupled with the transaction database.
    Type: Grant
    Filed: September 29, 2009
    Date of Patent: October 9, 2012
    Assignee: Security Investors, LLC
    Inventors: Phil Bak, Kevin Farragher