Alexander Graham Bell and the key to great wealth

by OUR BUSINESS UNIT

The 'trade secrets' of the Avocet group of 'disruptive technology' companies are considered to be as valuable as the patents granted to Alexander Graham Bell, inventor of the telephone in 1876, it has been claimed by company chairman Martin Frost.

If that is the case then Avocet's 650 shareholders can look forward to fabulous riches, according to research and calculations by our team of financial experts.

In another shareholder letter issued earlier today Mr Frost dismisses Not Just Sheep & Rugby's "ill-informed" article of yesterday in which we analysed the proposed injection of £750 million into Avocet NC Ltd. by an unnamed investor.

Mr Frost told investors: "I very much regret a serious shareholder data breach was proven yesterday. Prompted by our fifth column miscreants, an ill-informed article was published with the intent to scupper current negotiations. Central to the article was: a) Why would an investor want to invest £750 million into his own company, namely the independent Avocet NC Limited?; b) Why would an investor pay up to £3 a share for an ANC Plc one-pound share?"

Readers are then treated to a detailed explanation of intellectual property (IP), patents, trade marks and registered designs.

Mr Frost stated: "Most patents and IP generally are not commercialised. It is generally accepted that intellectual property (IP) is a set of business assets as well as legal ones. As business assets, however, they have no significant value by themselves. 

"This is a fundamental property of intangibles, such as IP. They become valuable only in the context of the business. That is to say, when their roles in supporting the corporate business strategy are made explicit, and/or when they are processed through the organisation’s other business assets (such as manufacturing or distribution) to produce a protected product or service that is attractive to customers."

So far Avocet has not brought a single product to the market and has generated little revenue since the first of the businesses was formed in 2014.

However, Mr Frost adds: "In terms of Avocet’s patents there are two which analysts regard as jewels and with respect to trade secrets Avocet has a brainchild of Dr. Jennings and Dr. Glyn Short which when factored in will be Avocet’s greatest revenue earner. In real terms this Avocet trade secret is considered to be as valuable as that of inventors Alexander Graham Bell, Thomas Watson, Granted: March 7, 1876; Patent Number: US 174465."

That particular patent was for improvements in telegraphy so that a much larger number of signals could be transmitted simultaneously on the same circuit. But this was just one of Mr Bell's 'trade secrets' or jewels.

When Bell brought his product to the market in 1876 he offered to sell the patent exclusively to Western Union for $100,000, worth $2.4 million in today's values.

According to Wikipedia: "The president of Western Union balked, countering that the telephone was nothing but a toy. Two years later, he told colleagues that if he could get the patent for $25 million he would consider it a bargain." A figure of $25 million in 1878 translates to $605 million in 2020.

But by then the Bell company no longer wanted to sell the patent. Bell's investors would become millionaires while he fared well from residuals and at one point had assets of nearly one million dollars. 

So if the Avocet fuel additive proves to be as successful as Bell's range of inventions each investors could stand to make the sterling equivalent of $24 million ( equal to a million dollars in 1878). Some of the forecasts already provided by the Avocet board  have predicted global sales of the replacement fuel running into hundreds of millions of pounds via a franchise network.

Today Mr Frost reminds his audience that he and his inner circle could already be wealthy men, thanks to Avocet's IP collection.

He says: "For those of you who regularly follow these shareholder updates you will recall that on December 18th 2019, Bob Jennings, Glyn Short, and I were offered £25 million apiece if we would jump ship and take with us this trade secret.

"It goes without saying that Bob & Glyn’s commitment to fellow Avocet shareholders was absolute. So, the current share price being considered could well be too cheap, hence the necessary kick provided by the option. Hence too is why an ill-informed article has not thrown off current buyer interest."

Over the weekend Mr Frost also issued a 10-page document dedicated to yet another attack on members of the Orr family who live in rural Berwickshire.

This is only being mentioned here because Bill Chisholm, proprietor of this blogging website warrants three mentions, a record so far in any Avocet correspondence.

The one which caught our eye was this: "I understand that the ‘bully girls’ [Mr Frost's pet name for the joint administrators of his insolvent company Orrdone Farms] state Avocet’s farming accounts are a fabrication – reason: because Aileen Orr says so! Hopefully, the photographs and article below will give you a flavour of the Orr lies – and their tin pot deductions so amplify (sic) portrayed by their economist guru Mr. Bill Chisholm."

Mr Chisholm has asked us to point out (again) that he has never met any of the Orr family. But he added: "Economist guru has a nice ring to it".