Some more updates from this crazy campaign. Amazingly they are still going at it:
http://www.fundairing.com/journal/2017/6/26/the-airing-micro-cpap-device-major-componentsAnd here they are talking about their blowers... I kid you not they title it STAND BACK IT'S ABOUT TO BLOW!
http://www.fundairing.com/journal/2017/6/19/stand-back-its-about-to-blowIt has been 2 years and 1.8 million $ in this project... I wonder how much they've burned through already. I would love to get $1.8 million to set up a lab with no oversight to work on some project with no time limit except the speed at which I use the funds, and basically no liability if I turn up with nothing. That's a dream job! ... except that these micro blowers have a chance of snowball in hell of actually working well enough to treat sleep apnea. Airing will fold and Marsh will sell patents or actual micro blowers for some other applications. Thank you gullible IndieGogo backers for funding my startup and getting nothing in return while I stuff my portfolio!
So here is a photo posted on their FACEBOOK page dated October 13, 2016... roughly 1.5 years into the Airing project. Guess what the poster behind Marsh is about? It is showing his Power Cell and Power Chip Architecture that he patented when he was working at Encite LLC:
http://www.freepatentsonline.com/8518594.htmlSo why is this event and a fuzzy poster behind him being shown?
According to the Boston Patent Law Association website, the "Invented Here!" event (
http://www.bpla.org/?page=52) gives a list of all previous honorees:
https://bpla.site-ym.com/resource/resmgr/InventedHere/BPLA_Invented_Here_List_of_.xlsxIn 2012 (honoree #12), Marsh shows up with 2 others on the Encite LLC team for
patent 8172912 on "Self-Regulating Gas Generator and Method". Then in the 2014 tab he is listed again (honoree #4) with the same group, same company, same patent number! In 2016 we see Marsh's
patent 8,518,594 on "Power Cell and Power Chip Architecture" also under Encite, LLC (filed March 2, 2007). Good on Marsh for being an awesome inventor... But what does this have to do with Airing? Does it prove that Marsh has a history of innovating and inventing stuff that gets to market and makes successful returns to investors? NOPE. The whole story here:
http://www.potteranderson.com/delawarecase-185.htmlSo far I see Marsh as a successful entrepreneur skilled at obtaining investment capital and pursuing his dreams of fabricating his inventions but which don't seem to pan out to commercially viable products. The fuel cells, the self-regulating gas generator, the micro-blowers. Could this be the same Stephen A. Marsh that brought us this:
https://www.google.com/patents/US4875358 ... It's a bit tough putting it on after you've inflated and tested it, no?
All joking aside, I wish Airing success I just hope the campaign has been honest about their intent from the beginning....Not a make-work project to push out a bunch more patents and company shell-games to drum up capital from venture capitalists (and now poor unsuspecting IndieGoGo users).