"John Rocheleau will discuss his 10-year experience as an independent inventor, starting with his first invention idea and culminating with his recent settlement with a Licensee of 5 inventions - presently, all industry standards. Elements of this "open forum" will include, finding an angel investor, negotiating 2 License Agreements, enforcing accurate royalty reporting, his meetings with the FBI and a world-class investigative firm in New York, and, ultimately, 'Davey beating Goliath'."

Please visit the IANE website for directions and other information on inventing and inventor groups. Also, for an inventor group in your area visit: http://www.uiausa.org for a complete listing of inventor groups in the United States.

May 12, 2008 IANE Meeting Outline

John Rocheleau - Speaker

1. John’s background

a. No central heat - to HVAC contractor

b. Seeing Bryant Wheeler with 2 screwdrivers

c. Bronze prototype

d. Flange-Tite and VersaTurn kits

e. Manufacturers’ Representatives & Tradeshows/”Counter Days”

2. Angel Investor

a. Great, great, great grand daughter of Jacob Wiss – 1848

i. “How much do need?”

b. VersaTurn wrenches and attachments – “Tinker Toys!”

c. The last Rep and tradeshow

i. “Yeah, why do they make the flange like this?”

3. Being ripped off by patent lawyer on Versa Turn trademark

4. Patent #6,742,816

5. $1,000 a month in interest on credit cards

a. Bankruptcy – to save the Flange

b. Paying the Judge $8,000 because of Tool inventory

c. Protecting the flange invention

6. Prospective Licensees

a. Taco, Inc.

i. “The person you want to speak with is Parker Wheat, not me.” - Bob Hill

ii. 1^st meeting with Parker

iii. The sweat flange and valve inventions

1. Disclosing to Taco in breech of NDA

b. Two is better than one - Grundfos Pumps Corp.

i. Tee Giordani – “Dealing w/Taco is like dealing with the devil!”

c. Amkor – The story behind Taco’s diversion to China

d. Watts – The run around

7. The Only Game in Town – The “Freedom Flange”

a. 6 months of tumultuous negotiations

i. Realizing why they wanted the flange – to regain lost market share to Amkor

ii. Stopping the financial hemorrhaging – the $35K upfront payment

b. The Sweat Flange and Valves - 8 months of negotiations

i. Holding back payments on the flange tool sale and 1^st royalty payment, to affect the outcome of Valve Agreement

ii. Stopping the financial hemorrhaging…AGAIN – the $20K upfront payment…and the last

8. Amkor – “We’ll need a set of drawings, then we can quote”

a. Alleged breech of 5-year NDA to Webstone Valves

9. Fish & Richardson “Letters Patent

a. “The application is a sham, John!”

b. The “final rejection”

c. Webstone Valves – The full-page ad and cornering the market

10. Radio interviews

a. WEVO

b. WKXL

c. WSMN

11. NHIA – NHHTC Merger

12. The 1600 series production run

a. Chaffee’s denial

13. “The Dream Team”

a. The scam and “Cash Cow”

b. Hiring a lawyer to go after the lawyers

14. The FBI – “It’s a civil matter.”

15. Refusal to sign over patents

a. Correspondence w/ Taco lawyers (liars)

16. Fraudulent USPTO

a. Bogus “Assignment”

b. Destruction/disappearance of documents from Mike Persson

17. Congressional Representatives

a. “Jeb” Bradley

b. Carol Shea-Porter

18. The 8-year Battle Begins

a. Day trip to NYC – Fortress Global

i. “The French Connection”

ii. $10,000 retainer

19. 5-year statute of limitations runs out

20. The Settlement – 8 Months of Negotiations

a. The final correspondence – Email chronology

21. The cable modem developer – exploitation

Look for the book!