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</o:shapelayout></xml><![endif]--></head><body lang=EN-US link=blue vlink=purple><div class=WordSection1><p class=MsoNormal><span style='font-family:"Arial",sans-serif;color:#1F497D'>Yet another reason we use credit cards instead of a deposit account. Much better from a cash management standpoint, among other reasons.<o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Arial",sans-serif;color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-family:"Arial",sans-serif;color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-family:"Arial",sans-serif;color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><b><span style='font-size:11.0pt;font-family:"Calibri",sans-serif'>From:</span></b><span style='font-size:11.0pt;font-family:"Calibri",sans-serif'> Dan Feigelson [mailto:djf@iliplaw.com] <br><b>Sent:</b> Wednesday, January 3, 2024 11:05 PM<br><b>To:</b> For bug reports, feature requests, and tips and tricks about Patent Center. <patentcenter@oppedahl-lists.com><br><b>Cc:</b> Sandra L Etherton <sandra@ethertonlaw.com><br><b>Subject:</b> Re: [Patentcenter] fax receipt from Patent Office?<o:p></o:p></span></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><span style='font-size:10.0pt'><img width=1 height=1 id="_x0000_i1025" src="https://gcfagjf.r.af.d.sendibt2.com/tr/op/V8Uk_hMCe3Fv-HQPOfpTlLV8VI4u5XtQvFA6WC5V3FtgmjsL4JMtwORmmOApeA1nDluNcF0dIuVIo3NCVNHmnGl2iJi3vqk6kBBpf1ZY1X94Hgo_9ohmv52eFfcD6yvHXsOcdFm0C904B9PZ48z1O3ajE4pHQXIA85rbl8FTSm111OVCuJ6iG-YdPNuZxszLjjYMKDM7oFTF9o3FaOv6fQ"><o:p></o:p></span></p><div><div><p class=MsoNormal>I wouldn't worry about the PTO losing money on interest. As Carl has noted many times, it forces people to grant it interest-free loans in the form of deposit accounts, which are the only way of paying certain fees and must maintain a $1000 balance to avoid the PTO deducting $25 at the end of each month. So either the PTO is collecting the nominal interest rate on the deposit (which can be substantially larger than $1000), or it collects interest (from the user) in excess of 2.5% <b>per month</b>. If that's not a racket I don't know what is. <br clear=all><o:p></o:p></p></div><p class=MsoNormal><o:p> </o:p></p><div><div><p class=MsoNormal>On Thu, Jan 4, 2024 at 2:52 AM Sandra L Etherton via Patentcenter <<a href="mailto:patentcenter@oppedahl-lists.com">patentcenter@oppedahl-lists.com</a>> wrote:<o:p></o:p></p></div><blockquote style='border:none;border-left:solid #CCCCCC 1.0pt;padding:0in 0in 0in 6.0pt;margin-left:4.8pt;margin-right:0in'><div><div><div><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><span style='font-family:"Arial",sans-serif;color:#1F497D'>An update from Dec 18 fax event: </span><o:p></o:p></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><span style='font-family:"Arial",sans-serif;color:#1F497D'> </span><o:p></o:p></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><span style='font-family:"Arial",sans-serif;color:#1F497D'>Several people emailed me outside of this listserve about whether they regularly got a faxback receipts from the PTO. Some said yes; some said no. Thank you all for your input.</span><o:p></o:p></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><span style='font-family:"Arial",sans-serif;color:#1F497D'> </span><o:p></o:p></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><span style='font-family:"Arial",sans-serif;color:#1F497D'>I never did get a faxback receipt from the Patent Office, but the credit card charge went through for the fees about 48 hours after I faxed it in.* As Carl said, follow the money! The new POA and petition have not been uploaded, though, and the patent still shows as expired for failing to timely pay the maintenance fee.</span><o:p></o:p></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><span style='font-family:"Arial",sans-serif;color:#1F497D'> </span><o:p></o:p></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><span style='font-family:"Arial",sans-serif;color:#1F497D'>*I suspect there’s damage to the public and PTO because fees were not deposited timely due to Patent Center not accepting e-filing for this. Instead, the fees were charged two days later than they could have been. I’m no cash management guru, but I assume the PTO gets paid interest on its deposits. Hypothetically, with simple 3% interest on $1640 fee for 2 days, the Patent Office lost ~$0.25 in interest on my submission. That adds up if fees for many submissions aren’t being deposited as quickly as they had been when EFS was live.</span><o:p></o:p></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><span style='font-family:"Arial",sans-serif;color:#1F497D'> </span><o:p></o:p></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'>Sandra<o:p></o:p></p></div></div></div></blockquote></div></div></div></body></html>