Create an account Home  ·  Topics  ·  Downloads  ·  Your Account  ·  Submit News  ·  Top 10  
Mission Statement

· Home
· Forum
· Special Sections
· Advertising
· AvantGo
· Books
· Downloads
· Events
· Feedback
· Link to us
· Private Messages
· Search
· Stories Archive
· Submit News
· Surveys
· Top 10
· Topics
· Web Links
· Your Account

Who's Online
There are currently, 172 guest(s) and 0 member(s) that are online.

You are Anonymous user. You can register for free by clicking here


Hot Links

American Antigravity

AESOP Institute

Closeminded Science



Integrity Research Institute

New Energy Movement

New Energy Times

The Orion Proj.




Science Hobbyist

Tom Bearden's Page


Want to Know

Other Info-Sources
NE News Sites
Alternative Energy News
E-Cat World
NexusNewsfeed ZPE
FringeEnergy News
NE Discussion Groups
Energetic Forum
Energy21 YT Channel
Energy Science Forum
Free_Energy FB Group
The KeelyNet Blog
Tesla Science Foundation (FB)
Vortex (old Interact)
Magazine Sites
Electrifying Times (FB)
ExtraOrdinary Technology
IE Magazine
New Energy Times

Interesting Links

SciTech Daily Review
NEXUS Magazine
Find Jobs

Invention Firm invented 60M scam, say feds; Sloppy Science
Posted on Saturday, September 29, 2007 @ 13:50:03 GMT by vlad

Legal From KeelyNet.com: It's a challenge to transform an invention from an idea to a product on a store shelf. Just recently, a federal judge ordered the operators of multiple questionable invention promotion firms to pay $60 million in connection with a scheme that defrauded 17,000 inventors. For fees of $895 to $1,295, PTI and its related businesses promised to evaluate the marketability and patentability of inventors' ideas. But the firms gave virtually all inventions positive evaluations, so the assessments were meaningless, the Federal Trade Commission reported.

PTI charged inventors up to $45,000 for alleged legal protection and assistance to obtain commercial licenses for their inventions. The inventors were also told that PTI would help them earn substantial royalties from their inventions. But investigators said PTI neither helped consumers license their inventions nor enabled clients to earn any royalties. Consumers who have complaints about PTI should call the FTC at (202) 326-2926 for more information. Other inventors should question the assurances of any promotion firm before entering into a contract, the FTC added.


Sloppy Science

A recent Wall Street Journal write-up discussed the findings of one Dr. John Ioannidis, who has posited that most of the thousands of peer-reviewed research papers published every year are full of flawed findings and analysis. The vast majority of mistakes, he says, aren't purposeful, but stem from miscalculation, poor study design or self-serving data analysis. The summary to his widely-cited essay states, "Simulations show that for most study designs and settings, it is more likely for a research claim to be false than true. Moreover, for many current scientific fields, claimed research findings may often be simply accurate measures of the prevailing bias." The WSJ article claims that "To root out mistakes, scientists rely on each other to be vigilant. Even so, findings too rarely are checked by others or independently replicated. Retractions, while more common, are still relatively infrequent. Findings that have been refuted can linger in the scientific literature for years to be cited unwittingly by other researchers, compounding the errors." An ironic question to ask: Is Dr. Ioannidis study subject to the same flaws he ascribes to the rest of the scientific community? If his findings are true, what does this mean for hot-button topics such as Global Warming? -




Security Code: Security Code
Type Security Code

Don't have an account yet? You can create one. As a registered user you have some advantages like theme manager, comments configuration and post comments with your name.

Related Links
· More about Legal
· News by vlad

Most read story about Legal:
Formation of Archer Energy Systems, Inc.

Article Rating
Average Score: 0
Votes: 0

Please take a second and vote for this article:

Very Good


 Printer Friendly Printer Friendly

"Invention Firm invented 60M scam, say feds; Sloppy Science" | Login/Create an Account | 0 comments
The comments are owned by the poster. We aren't responsible for their content.

No Comments Allowed for Anonymous, please register


All logos and trademarks in this site are property of their respective owner. The comments are property of their posters, all the rest © 2002-2016 by ZPEnergy. Disclaimer: No content, on or affiliated with ZPEnergy should be construed as or relied upon as investment advice. While every effort is made to ensure that the information contained on ZPEnergy is correct, the operators of ZPEnergy make no warranties as to its accuracy. In all respects visitors should seek independent verification and investment advice.
Keywords: ZPE, ZPF, Zero Point Energy, Zero Point Fluctuations, ZPEnergy, New Energy Technology, Small Scale Implementation, Energy Storage Technology, Space-Energy, Space Energy, Natural Potential, Investors, Investing, Vacuum Energy, Electromagnetic, Over Unity, Overunity, Over-Unity, Free Energy, Free-Energy, Ether, Aether, Cold Fusion, Cold-Fusion, Fuel Cell, Quantum Mechanics, Van der Waals, Casimir, Advanced Physics, Vibrations, Advanced Energy Conversion, Rotational Magnetics, Vortex Mechanics, Rotational Electromagnetics, Earth Electromagnetics, Gyroscopes, Gyroscopic Effects

PHP-Nuke Copyright © 2005 by Francisco Burzi. This is free software, and you may redistribute it under the GPL. PHP-Nuke comes with absolutely no warranty, for details, see the license.