Everyday folding utility cutter

1. A foldable device, comprising:

a handle formed by a plurality of panels and configured with a blade holder chamber, one of the plurality of panels including a groove;

a track plate disposed between the plurality of panels, the track plate including a slot;

a blade holder having a first end formed with a blade channel configured to removably receive a blade and a second end pivotally connected to the handle, wherein the blade holder is movable between a closed position in which the blade holder rests within the blade holder chamber and an open position in which the first end of the blade holder extends away from the handle; and

a release member for assisting in the opening of the blade holder including one or more tension components configured to bias the blade holder towards the open position when the blade holder is manually moved from the closed position;

wherein the one or more tension components includes a portion that extends through the slot and is received in an aperture of the blade holder; and

wherein a locking pin extends from the blade holder and is received in the groove, the locking pin moving along the groove as the blade holder moves between the open position and the closed position.

2. The foldable device of claim 1 , wherein the blade holder includes a blade release switch configured to releasably secure at least a portion of the blade within the blade channel.

3. The foldable device of claim 1 , wherein the blade holder includes a blade retention layer, which includes the aperture that is a receiving hole, and the portion of the one or more tension components extends through the slot when the portion is received in the receiving hole.

4. The foldable device of claim 1 , wherein the blade holder includes a plurality of blade retention layers, at least one of the blade retention layers including a switch receiving hole that receives a blade release switch, the blade release switch including a locking protrusion configured to releasably engage with a notch formed in the blade that is retained by the blade channel of the blade holder.

5. The foldable device of claim 1 , wherein the portion of the one or more tension components that extends through the slot and is received in an aperture of the blade holder is configured to push against a wall portion of the blade holder that forms the aperture.

6. The foldable device of claim 1 , wherein both of the groove and the slot have a semicircular configuration.

7. A foldable device, comprising:

a handle formed by a pair of panels and configured with a blade holder chamber, one of the pair of panels including a groove;

a track plate disposed between the pair of panels, the track plate including a slot;

a blade holder having a first end formed with a blade channel configured to removably receive a blade and a second end pivotally connected to the handle, wherein the blade holder is movable between a closed position in which the blade holder rests within the blade holder chamber and an open position in which the first end of the blade holder extends away from the handle; and

a release member configured to assist in the opening of the blade holder including a tension component operably engaged with the blade holder, whereby activating the release mechanism biases the blade holder towards the open position;

wherein the tension component includes a traveling spoke that extends from an end portion of the tension component, the traveling spoke extending through the slot and received in a receiving hole of the blade holder; and

wherein a locking pin extends from the blade holder and is received in the groove, the locking pin moving along the groove as the blade holder moves between the open position and the closed position.

8. The foldable device of claim 7 , wherein the slot is formed as a void which defines a movement boundary for the traveling spoke.

9. The foldable device of claim 7 , wherein:

the second end of the blade holder is pivotally connected to the handle by a hinge;

both of the groove and the slot have a semicircular configuration; and

the semicircular configuration of the groove extends about an opposite side of the hinge as the semicircular configuration of the slot.

10. A foldable device, comprising:

a handle formed by a pair of panels and configured with a blade holder chamber, one of the pair of panels including a groove;

a blade holder having a first end formed with a blade channel configured to releasably receive a blade, a second end pivotally connected to the handle, and a spoke receiving hole, the blade holder movable between a closed position in which the blade holder rests within the blade holder chamber and an open position in which the first end of the blade holder extends away from the handle;

a track plate disposed within the handle and formed with a spoke slot having at least: a first end corresponding to the blade holder closed position and a second end corresponding to the blade holder open position;

a spring member for assisting in the opening of the blade holder, the spring member having a traveling spoke received within the spoke receiving hole and configured to travel along the spoke slot, whereby the spring member engages with the blade holder to bias the blade holder to the open or closed positions; and

a locking plate disposed within the handle and configured to releasably lock the blade holder in the open position;

wherein the spoke receiving hole of the blade holder remains aligned with the spoke slot of the track plate as the blade holder moves between the closed position and the open position relative to the track plate and the handle;

wherein the traveling spoke extends through the spoke slot; and

wherein a locking pin extends from the blade holder and is received in the groove, the locking pin moving along the groove as the blade holder moves between the open position and the closed position.

11. The foldable device of claim 10 , wherein the spoke slot and the groove have a generally semicircular orientation.

12. The foldable device of claim 10 , wherein the second end of the blade holder is pivotally connected to the handle by a hinge.

13. The foldable device of claim 12 , wherein the blade holder rotates about the hinge to move from the closed position to the open position.

14. The foldable device of claim 10 , wherein the locking plate is formed with a locking arm configured with elastic energy to bias and secure the blade holder in the closed position.

15. The foldable device of claim 10 , wherein the spoke slot is configured as a void and defines a movement boundary for the traveling spoke of the spring member.

16. The foldable device of claim 10 , wherein the blade holder further comprises a blade release switch having a locking protrusion for engaging a corresponding void or notch in the blade to secure the blade in place.

17. The foldable device of claim 16 , wherein the blade release switch is further configured to move the locking protrusion out of the blade void or notch to release the blade.

18. The foldable device of claim 17 , wherein the blade holder further comprises a spring element that biases the locking protrusion of the blade release switch towards a forward position to secure the blade in place.

19. The foldable device of claim 18 , wherein compressing the blade release switch reversibly compresses the spring element to release the locking protrusion from within the blade void or notch to permit a movement of the blade.

20. The foldable device of claim 10 , wherein the pair of panels are connected together by a fastening member at a connection point.