Davison Inventions (www.InventionConcept.com) is a company that claims to take people’s ideas of new inventions, and turn them into reality. Davison says that it will take your idea through all the steps necessary to get your invention onto the market, from research and development to licensing to getting it onto the shelves.
Davison’s website claims that you have the ability to submit your idea to them knowing that you have full confidentiality and protection. Once your idea is submitted, you will receive a one on one consultation about the viability of your idea, and whether or not you should begin the process to take your idea further.
Davison claims to have a variety of agreements available for potential clients. Some services they offer will require you to pay one time, up front fees, while others will require you to commit to an agreement where Davison receives a percentage of royalties from your invention.
From Dream to Reality
“Build a better mousetrap, and the world will beat a path to your door.” From the time that man created fire, there has been an innate desire to come up with better ways of doing things. If you take a minute to look around you, at the things we take for granted every day, you’ll see the evidence of people’s invention dreams that came to life.
But, unlike the picture painted in Hollywood films, most of these inventions weren’t created in someone’s basement and then magically appeared on the market. Inventions must go through an intense process of research and development – is it truly an original invention? Is there someone else out there with a comparable idea or existing product? Is this invention already in the works?
At times an idea must be patented, which can be an expensive and complicated process. After that, an invention must often be licensed to another company or corporation to produce and distribute, because individuals usually lack the money necessary to fund the actual supply of product needed for the market.
Davison Inventions claims to help you through this long, arduous process, and to get your invention on the shelves of major retailers like Target, WalMart, Home Depot, and others.
Davison Inventions Success Stories?
Well, the truth is that when you research Davison Inventions, you are going to hear much more about heartbreak and failure than you will about success stories. In fact, Davison was ordered to pay $26 million in restitution to former clients after they were sued by the Federal Trade Commission and lost.
The lawsuit determined that clients of Davison would often pay upwards of $10,000 toward costs and services, and that less than 1% of their clients ever saw a return higher than what they invested with Davison.
In addition, they were told to stop promoting themselves as being linked to major retailers. However, if you look at their current website it seems fairly obvious that they are walking a fine line in adhering to this court order.
Their landing page is covered in logos from major retailers, with information offering that inventions processed through Davison are sold at all of these stores. While there is no official statement saying they have a relationship with these companies, the implication is still there.
Finally, the lawsuit ordered that Davison refrain from acting as though their services are selective, since they were found to take anyone’s idea through the research and development process as long as they paid the fees. This is a bad sign for those looking to process an invention, because it means that you can’t trust Davison’s evaluation of your invention’s potential. If they are simply willing to take everyone’s money who comes to them, it’s easy to see how 99+% of their customers never saw a profit from their dealings with Davison.
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Now Sean is telling me that I can't get my money back. 795.00 dollars. I'm so glad I have an attorney involved. Please don't do any business with this company. If the vice president is unprofessional makes promises that they can't a won't stand by, this tells me a lot about the president of this company. This company is paying off lawsuits period. Make sure you have a patent attorney before starting with any company and get a 20-year provisional application.
Have your contact person there resend you their Non-Disclosure agreement again to your email and you will be able to see the stats of the company over the last five years as well as the Confidentiality Agreement. You can also go back on their website to submit an idea again and actually ready these agreements(again)as well.
Davidson is not to be trusted - our idea is on the market and it has made millions and millions of dollars - what did we get - $6500.00 poorer and a binder that is of no use and phone calls to get more money. What a shame? You got us super good - but now I know that we are not the only ones.
Keep the $6500.00 and just give us the 90% of the profit that has been made from our idea since the year of 2000. If I told the world what idea it was - you would say that it has made over a billion and not millions. One day when that time come - we will share what it was. What a shame - shame - shame on the Davidson for practice evil and greed.
All to often people fall in love with their concept so much that they do not do the proper due diligence to see where/if it stands/already stands in the market place. Many people think they have an original idea that is not already being developed and being pursued to the marketplace, and thus see it out there and begin to think that the company they were working with stole it for their own personal gains.
What (most likely) happened was that you contracted this company for design and development services to try and entice a company to license and generate this product to the marketplace. What you didn't realize is that their success rate on generating a product license is 1.8% of all design and development agreements that they execute (over the last 5 years) and the actual number of people who ended up realizing a profit (over the last 5 years) is 16.
To put this into perspective (all of this information comes straight from their disclosure statement - FTC Mandate) 18,851 people (just like you) entered into design/development/licensing services with them and 16 people out of that bunch actually realized a profit. In decimal percentages that is .000848 chance (over the last five years - that they are reporting) of making a profit off of that venture.
That's 1/10th of 1%, pretty staggering considering the hopes and dreams of people like you that present the idea and then follow through on it in hopes of making money and living a better life one day.
The facts are cold and they are hard, but they are facts.....
I just got off the phone with Davison, thinking I was doing something big. Now I see what my gut was telling me, that it was too good to be true, As Mr. Love was speaking I felt like it was a little rushed a like that Car sales men pitch and that certainly made me start to be hesitant, then he said "O and it will only cost you 795.00 I don't know about many folk but only 795.00 to me is more than enough to say for what? If its my idea and you want to shop it around fine, but you get your cut when I make a profit, not by just saying o these are some figures proposed so where is our 10%.
I SWEAR TO GOD THAT ALL THAT I AM SHARING HERE IS ONE HUNDRED PERCENT TRUTHFUL
IF YOU ARE PLANNING TO SUE THEM AND NEED SUPPORT FROM MY EMAILS PROVING ALL THAT I AM SAYING IS TRUE, WRITE ME AND I WILL SHARE EVERYTHING I HAVE TO PROVE MY STATEMENTS ARE NOT ONLY TRUE, BUT FACTUAL. MY MAIN PURPOSE IN THIS WRITE UP IS TO HELP THE THOUSANDS OF POTENTIAL DAVISON CLIENTS FROM MAKING THE SAME STUPID MISTAKES THAT SO MANY OF US HAS ALREADY MADE AND STOPING THEM FROM BECOMING DAVISON VICTIMS.
PLEASE LISTEN TO WHAT THE VICTIMS ARE SAYING AND STOP THE MADNESS, THANK YOU FOR LISTENING, NOW LOOK ELSE WHERE FOR SUPPORT ON YOUR PROJECT ( [email protected] )