20240029100. INCENTIVE AWARDS DENOMINATED AS SHARES OF EQUITY simplified abstract (Unknown Organization)

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INCENTIVE AWARDS DENOMINATED AS SHARES OF EQUITY

Organization Name

Unknown Organization

Inventor(s)

Peter Christopher John Gallagher of Newtown Square PA (US)

INCENTIVE AWARDS DENOMINATED AS SHARES OF EQUITY - A simplified explanation of the abstract

This abstract first appeared for US patent application 20240029100 titled 'INCENTIVE AWARDS DENOMINATED AS SHARES OF EQUITY

Simplified Explanation

The abstract of the patent application describes a process and apparatus for operating an incentive award program. In this program, a business entity establishes a separate company that only provides shares of its equity as awards to recipients who have made purchases from it. This creates a positive feedback loop where additional paid-in capital flows to the company, increasing its share price and incentivizing more recipients to transact, leading to more profits and more recipients.

  • The patent application describes a process and apparatus for operating an incentive award program.
  • A business entity establishes a separate company that solely provides shares of its equity as awards.
  • Recipients of the awards are individuals who have made purchases from the company.
  • The program creates a positive feedback loop where additional capital flows to the company.
  • The company's share price increases as it operates profitably, incentivizing more recipients to transact.
  • More profits are generated, leading to even more recipients transacting.
  • The program can scale indefinitely due to the positive feedback loop.

Potential applications of this technology:

  • Incentive programs for businesses to reward customers who make purchases.
  • Employee reward programs where shares of the company's equity are given as incentives.
  • Loyalty programs where customers are incentivized to make repeat purchases.

Problems solved by this technology:

  • Encourages customer loyalty and repeat purchases.
  • Provides a scalable incentive program that can generate additional capital for the company.
  • Increases the value of the company's shares, benefiting early adopters and shareholders.

Benefits of this technology:

  • Creates a positive feedback loop that can scale indefinitely.
  • Increases the company's share price, benefiting shareholders.
  • Incentivizes recipients to transact, leading to more profits for the company.
  • Provides a unique and innovative approach to incentive award programs.


Original Abstract Submitted

prosesses and apparatus to operate an incentive award program wherein a business entity establishes a wholly owned company that conducts essentially no other business than providing shares of its equity to recipients of said awards who have made purchases from it. thereby, a pure positive feedback loop is generated that can scale indefinitely: additional paid-in capital flows to the company, its share price increases from so operating profitably whereby additional recipients are incentivized to transact and yet more profits result causing even more recipients to transact. operation of the program is detailed in several different market sectors. early adopters of the program particularly benefit by their holdings of shares being marked-to-market as the company's share price escalates. recipients can sell their shares at then market value where the company's shares trade.

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