What's up well this is set from MFSEF Studio. So one thing that I ever get asked when I demonstrate my plans whether it's a potential licensee, if it's a friend house, sometimes with strangers, sometimes I share my intuitions with my Uber driver. I'm not really afraid presenting my intuitions around is do you have a patent? and 100% of the time, I say no, I don't have a patent and the reason for that is because, One, I don't fill out patents and two you don't really need to do it these days and you don't really is therefore necessary to do it at all specially if your licensing minds out to companies. And the above reasons for that is one patents, traditional patents or non provisional patents, they are very expensive they take a very long time in order to be allowed to get approved and has a high risk of not getting approved or being rejected by the USPTO if you're in the United States and by the let's say if it does get approved by the time it does get approved and it's out on the store shelves it might be already too late and it's not relevant in world markets anymore so you missed your ship and you also have to hire a patent attorney.So like it gets pretty expensive. Patent advocates are not cheap, it's gonna be an average of $10,000 twelve fifteen eighteen grand to go and file a traditional patent. And it takes around three to four years average for you to hear back from USPTO is whether or not if it's approved or if it's spurned, and if it's scorned, that's gonna suck because you're gonna have to go and do a knot of other crap again. So the alternative procedure for those folks that are really you know wants to protect their suggestions, is to do a what I like to think of it as a modern-day form of patents and that is a PPA or provisional patent application. And what that would be what that would give you is the right to set patent pending on your commodity plan you are able applied that on your sell sheet when you go and shop around that cadre sheet to potential licensees.And compared to traditional technique of patents PPAs or Patent-Pending or provisional patent applications that gives you the right to say patent pending is that you're able to one pack it out yourself you don't have to go with the patent attorney all the time to fill in a PPA Two it's really cheap it's a minimum of sixty-five dollars if your classified as a micro entity and you're not write over a hundred fifty thousand dollars I guess on produces. And it is likely to crowd it or submit that file or the PPA online so it sees it really easy and then you know you hear back from USPTO around three weeks to three months whether or not if it's going through or not. And if it's not, you'll be able to go and just form quick changes and the turnaround time is really quick rather than waiting three to four years. And you have patent pending want to go help for an entire year and what patent pending would do is give you seen owned and that is a period I believe it's coined by Steven Key or that's where I hear from a lot and you have perceived possession of that idea.And it emphatically helps when you go and shop around that impression to companionships since they are do request do you have a patent and I ever reply no but if I have a patent pending on it I'll sell a lot of patent pending and you could use that a little bit as a bargaining chip when you are in the negotiation phase of the licensing agreement. And I do have to admit most of the ideas 80 90 95 percent of my projects that I come up with to license or to like permission out to potential licensees they do not have patent pending on it or a PPA the reason for that is I want to just come up with a bunch of ideas and shoot them out to fellowships as soon as I can have business shoot up make those up commodity new ideas and shoot them out to the accumulate shelves as speedily as possible. And the overall goal of coming up with products is to get to the market first.And I just the PPAs take a little bit of age not too much but if you want to have a pretty solid PPA you want to write it out and do the proper sucks and they're doing the traditional patent attracts isn't mandatory, but it surely helps strengthen it but most of the time I don't, I only shoot them out.But if you have an idea that's kind of big-hearted, that you think that it's a big deal, then it's gonna be worth putting together a PPA on that theory and spending a minimum of sixty-five dollars and doing it online and doing it yourself it's like it's not a difficult thing to do and it's something that might be helpful. And the cool thing is that you got patent pending for a year, once that year ends, you could go and file another patent pending or manufacture mother changes and you got another time to it and you got another time you exactly keep on doing that and it's great it's a great tool to have in your licensing tool kit.