The Patent Scam Intro

Austin Meyer explains how patent trolls use shell companies and broad patents to sue software developers and extort money.

The most common reply to this video: "I would just IGNORE them and they would go away!" Well, here is how it works: If you do NOT reply to them then they just run the judge and say: "He never replied to our lawsuit! We request summary judgement for XXXX dollars", where XXXX is whatever number they make up as their "damages". The judge grants summary judgement since you never showed up and then they have a lien for whatever dollar amount they made up. Now they take out liens on your bank account, and also run to Apple and Google to garnish your wages, so any money you make from your App goes to the trolls. So, ignoring it is the lowest-effort, most-profitable possible outcome for the troll: They just make up any damages they want, receive summary judgement, and then take out a lien on your bank account and any income stream that you have. It's called garnishing wages. Now on to the description: The corruption runs deeper than you'd ever imagine. A multi-billion dollar industry you've never heard of. This is the world Patent Trolls thrive in: A world created for them by our own U. S. Patent system. You can be sued for clicking on a hyperlink, using your own scanner, or sharing your Wi-Fi! It sounds insane, but the reality is even crazier. Patent Trolls look for obvious ideas, patent them, and then sue anyone they claim is infringing on their idea. People's lives and businesses are being destroyed.. and they have no way out. “The Patent Scam” exposes the underbelly of this system, and the people that commit this practice. Follow The Patent Scam on the Web: Web: ThePatentScam.com Facebook: facebook.com/patentdocumentary Twitter: twitter.com/thepatentscam Where to watch Full Video: YouTube: bit.ly/2uFWEul Amazon Video: amzn.to/2i4uMdA FandangoNOW: bit.ly/2uGtTOd Google Play: bit.ly/2vYpJkq iTunes: apple.co/2fHKTg6 Vimeo: bit.ly/2uLPEI4 Vudu: bit.ly/2waHmxc Microsoft XBOX: bit.ly/2vACTD4 See it on TV: Comcast, Dish Network, Cox, Charter, Verizon, and more. Buy it on physical DVDs and Blu-Ray: - Amazon DVD: amzn.to/2uFUkDF - Amazon BD: amzn.to/2x1cHzl Follow The Patent Scam on the Web: - Web: ThePatentScam.com - Facebook: facebook.com/patentdocumentary - Twitter: twitter.com/thepatentscam Cast: Austin Meyer Peter Braxton Alex Haro Bill Chastain Lee Cheng Drew Curtis Kate Doerkson Van Lindberg Todd Moore Kevin O'Connor Eric Rosebrock Michael Skelps Corey Tisdale Steven Vicinanza Colleen Chien