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I have previously mentioned the opportunity to request Accelerated Processing for a UK Patent Application. In that case the applicants did not do so. However now they have entered the PCT under EPO...

https://register.epo.org/application?number=EP22793447&lng=en&tab=doclist

https://register.epo.org/application?documentId=LP8DZXVE15ITBUX&appnumber=EP22793447&showPdfPage=all&proc=

Page 3) Item 12) Acceleration of Procedure. 12.1) Early Processing.

https://www.epo.org/en/legal/guidelines-epc/2023/e_ix_2_1_1.html

https://www.epo.org/en/legal/guidelines-epc/2023/e_viii_4.html

"4. Accelerated prosecution of European patent applications

Applicants requiring faster search or examination can ask to have their applications processed under the programme for accelerated prosecution of European patent applications (PACE) (see the notice from the EPO dated 30 November 2015, OJ EPO 2015, A93; for PACE requests filed before 1 January 2016 see also OJ EPO 2010, 352). For information regarding additional ways to expedite the European grant procedure see OJ EPO 2015, A94)."

EPO runs on a backlog Clock normally taking 6 months to process examination requests and perform other actions. If they have the staff available then requesting accelerated processing jumps the queue.

4.1 Accelerated search

4.2 Accelerated examination

4.3 Patent Prosecution Highway (PPH)

So far the only indication that they are going for it is that check on Item 12) and the associated payment of fees, €3309. They still have to file some other forms. Otherwise there is the statement of intent, possibly even confidence and a sense of urgency at this time. Of course, being a glass half empty pair of socks it could be for show.

For those of you who clutch straws these are better straws than most people around here throw up into the air that blow away in the breeze. They have substance and evidence. Oddball Voice "So many positive waves."

Hat Tip and long read for Addison.

With the caveat that I may be totally wrong...

Obviously I am a sad person making use of my knowledge, or lack thereof, of the Patent System. Perhaps I am still learning but rather than repeatedly spouting bell end adjustment in the previous double cup formation with a massive spout at the end of play today indicating you would not wish to be out of this over the weekend. Chartists in the know will agree with me...

I go,

https://www.gov.uk/guidance/manual-of-patent-practice-mopp/section-1-patentability

and navigate to Mathematical Methods starting at 1.29

This will be the meat upon which,

https://www.ipo.gov.uk/p-ipsum/Document/ApplicationNumber/GB2113962.1/ee8cb2b7-feb9-487b-95a4-7d5c9228cab6/GB2611321-20231122-Observations%20under%20section%2021.pdf

"The examiner will consider them in due course." The Examiner will initially base such a consideration on Section 1.29. As you can see. Whilst a mathematical method may be excluded there are exceptions where that mathematical method is used to realise a practical solution to a real world problem.

Addison asked in a previous post whether I may have assisted QBT in bringing up the mathematical method exclusion.

You need to read the words and this might be an extreme flight of fantasy but within Section 1.29 you will find examples of mathematical methods previously excluded of themselves and also excluded for being computer programs or business methods that were subsequently allowed under other considerations.

Now this is likely to be totally fruit bat but there is a minuscule chance that by introducing mathematical method as an exclusion I may have given the applicants an opportunity to avoid the computer program or business methods objections by arguing their case from a different direction.

Stranger things such as my birth have happened along with my being alive for some time afterwards. If that does happen then I will be immensely smug. QBT will get their patent granted and it will happen because it was done the right way. Don't hold your breath though.

Now, if I recall. PAS14 has bleated about me not getting in touch with QBT to offer my novice advice. Also many of you have claimed to have reported my actions to QBT one, ex member, blowing themselves up in the process of going legally ballistic then seemingly drinking too much.

Here is your chance PAS14. Get in touch with QBT and tell them about the contents of this post or send a S21 notice to the UKIPO outlining the lack of reasoning contained in it yourself. Slap it up your word processor. Sign it as Faithfully Pascal and email it to them as a .pdf. Much better than sniping from the sidelines. Plus no-one will know you were the idiot who wrote it and, as you have seen, they will consider it and, if they think it has legs, will act on it.

The guide is here,

https://www.gov.uk/guidance/manual-of-patent-practice-mopp/section-21-observations-by-third-party-on-patent

Chrome just killed me so my next bit of blither just went down the tubes. From memory of what I wrote,

The Q&A

Then my task buffer overflowed.

I might have other stuff to add but can't reconstruct it other than the idea that Agriculture may be subject to the application of AI. Allistair basically admits[?] that their may have been some collaboration with DA on the subject of device security. TM appears to be to go to source for the application of AI in order to analyse and extract meaningful patterns from disparate data. They also appear to have contacts with Scottish Academia so if Bruce Leith, his name gives his nationality away, wants agriculture to grow a better Haggis there may be an opportunity to do so.

He does describe Konektio as being White Van Man as a reason for dropping them but beyond that from the way the other companies have spoken and appear to be cooperating it strikes me that Koneketio did not take the opportunity to do so and decided not to be part of the family.

Allistair also talks about the involvement with ESA and SpaceX, who is not Elon Musk. This goes back to their roots in mesh networking now being applied to satellites. This may relate to my previous ramp,

https://www.tesmanian.com/blogs/tesmanian-blog/starlink-video

https://twitter.com/Starlink/status/1706718537711337650

""Starlink’s (ramp and insert Wyld's) laser mesh network allows us to provide truly global coverage and serve those in the most remote locations on Earth, including maritime and aviation customers."

However the big one for me is Mr Sisto's explanation about the loan notes and resulting funding that rely on Terns share of Wyld being held in ESCROW in which he states that those monies will be used in support of the other, remaining, portfolio companies. Watch other peoples faces, in particular Allistair's during this...

My take is that Sisto does not get to say this without approval from Allistair. Allistair did so because not only is he confident about the prospects of his own company but he is also confident about the prospects of the other companies, presumably including FVR.

Then, to me, it goes beyond that. As I have suggested these companies are not profit for Tern on Exits. Not wishing to sound gooey but perhaps they wish to grow themselves rather than sell themselves off to the highest bidder at the behest of a bunch of rabid Tern shareholders but in order to do so Tern, having nurtured them, is the best opportunity to do that.

End of ramble.

OK. To continue I mentioned that I had not fully listened to Allistair.

Two things.

He mentions the implementation of security with a Hat Tip to Darron and Device Authority in respect of the extension of that from terrestrial to satellite communications. There have been noises about such a collaboration in the past and it forms part of the idea that there should be some synergy between the portfolio companies. This is an example of that.

The other is the mention of the development of Wyld Fusion via the extension of a known platform, Fusion, already developed for use with involvement from UK Government and Agencies, The Police, and Railway Transport. The last one likely to be a result of their historical involvement with London Underground. This is an example of their past coming to fruition.

Also note that he stresses that Wyld Fusion is built on a platform that is standards based, developed from Fusion, which is both saleable to and customisable for their clients. This is FIDO all over again. You don't get involved in these sort of things to own a market. You get involved to be part of the market that consumes those standards as the go to solution and maintain and grow your position in those markets.

He also mentions Device Provisioning. I have no doubt Wyld already knew how important this is and had ideas, known or developed by themselves, as to how to do this but again the words smell like Devices Authority may have had a hand in crystallising the underlying ideas. In part this goes back to shouting about DA, not, forming partnerships with companies like ST but getting their product approved for use with specific processor and IoT platforms used by people like Schlumberger to make their sensors. If this is what is happening then Wyld gets a leg up because DA has already done that work.

Again mention is made of an Ecosystem whereby Wyld can harness information from their customers or probably manufacturers to grow via a developer forum presumably to discover which processors are used within disparate named sensors in order to generate profiles for them. This is part of becoming a one stop shop but getting your customers to do some of the heavy lifting for you. Oh and mention is also made of assistance for other to implement their own analytics. Now this maybe outfield but that smells of Talking Medicines. In particular analysis of Agriculture and how it responds to inputs and outputs based on action from data collected sounds a bit AI.

Another Hat Tip to Darron in the Wow! look at the prospective size of our markets section. I'm of the mind that TM, DA, and Wyld are supporting each other both in presentation, technical and marketing terms. That's the /a (micro)ecosystem at work.

That's that from the Portfolio companies. They know what they are doing and how they are getting there and, now with Satellite IoT, Wyld has joined that party. I am impressed but, as a Nym on a BB, that may not count for much.

Https://www.youtube.com/watch?v=TemV2vR_0fg

"The presentation has done nothing for the share price, do these guys not know how to get to a wider audience."

OK. I've been slightly negative about some of this and the players in the past but that comment, as mine may have done for others, gets up my nose. I get in part or perhaps in whole it is directed at the Tern management for failing to capitalise on the efforts and progress of the portfolio companies. I am going to suggest, state, that the presentation of those companies is impressive.

Darron is extremely confident and fluid. He knows his market, he knows his company and he knows the direction in which he is going. He is also very good at explaining this. Unfortunately you get idiots who do not listen to what he is saying and moan about this having no immediate impact on the SP, after one day.

Jo is equally impressive. Darron may even have taken some hints from her. I have always had concerns about Talking Medicines in terms of compliance. Particularly when dealing with patient data which I believe is one of the reasons why the company has initially chosen, or been forced, to concentrate on the US. She does a very good job of explaining how important such things are to the company but I would still have my concerns. She also comes across as someone who knows her company, knows her market and also the direction in which it is going. As is the case with Darron she is keen to explain this direction and how it is being achieved in understandable terms.

As you may know I have a soft/hard spot for Wyld in as much as the company have continued plugging away within their field of expertise and now we have seen that come to fruition with the move into Satellite IoT. Similar comments apply to Allistair now. I say now because previously, in retrospect, I did not think that the company had a targeted direction. With the focus now on Satellite IoT they do and they are making progress. I guess he always had it but now that direction is there he is also able to demonstrate he knows his company, he knows its market and, now he knows its direction he also is able to explain in a compelling and understandable way how he is getting there. In this case, the next, part of that is Wyld Fusion.

From all three there is also one big take that I am going to stress. Whilst everyone shouts about these companies being World Leaders and Unicorns in all three presentations a great emphasis is placed on their recognition that their businesses form a part of ecosystems in which they have to partner with others in order to progress, survive and flourish.

This is important because it means these companies, to me, are not targets for sale via predatory exits which appear to be what others are relying on. That might not be strictly true for Wyld. As such value to Tern will only come from seeing these companies grow independently themselves and the nature of Terns shareholding.

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