IP Library Patent Application 11365418
Patent Application
App. No. 11/365,418

Method and apparatus for distributing items

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Quick Facts
Patent No.
US None
App. No.
11/365,418
Abstract

A method is disclosed for managing the trade of at least one offered item by at least one item offeror for at least one wanted item of at least one item acceptor. First, the method of managing item trades includes the step of establishing for the one item acceptor and the one item offerer a database for storing information identifying each item held respectively by the one item offerer and the one item acceptor. Next, the item acceptor is facilitated to provide an acceptance message of trading the offered item of the item offerer for the wanted item of the item acceptor. The method responds to the acceptance message to access the database of the item acceptor to determine whether the item acceptor has the wanted item in its database and to access the database of the item offerer to determine whether the item offerer has the offered item in its database. If the item acceptor and the item offerer have respectfully their wanted item and their offered item, then the trade may continue to completion, i.e., the item offerer receives the wanted item and the item acceptor receives the offered item.

Claims (5)

1 . A method of managing the trade of at least one offered item by at least one item offeror for at least one wanted item of at least one item acceptor, said method of managing comprising the steps of:

a. establishing for the one item acceptor and the one item offeror a database for storing information identifying each item held respectively by the one item offeror and the one item acceptor;

b. facilitating the item acceptor to provide an acceptance message of trading the offered item of the item offeror for the wanted item of the item acceptor,

c. responding to the acceptance message of the item acceptor to access the database of the item acceptor to determine whether the item acceptor has the wanted item in its database and to access the database of the items offeror to determine whether the item offeror has the offered item in its database, and

d. determining whether the item acceptor and the item offer have respectively their wanted item and offered item, if so the trade continues to completion and, if not, the trade is terminated.

Assignments (2)
TERMINATION AND RELEASE OF SECURITY INTEREST IN PATENTS RECORDED AT AT REEL 031327, FRAME 0628 Recorded Jan 3, 2022
From: DEUTSCHE BANK AG NEW YORK BRANCH, AS AN ADMINISTRATIVE AGENT
To: THE TOPPS COMPANY, INC.
Reel/Frame 058570/0399 →
SECURITY AGREEMENT Recorded Oct 2, 2013
From: THE TOPPS COMPANY, INC.
To: DEUTSCHE BANK AG NEW YORK BRANCH
Reel/Frame 031327/0628 →