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Our Patent

EOG PATENT

Our negotiation software is Patent Pending.

Executive OTC Group Inc., (EOG) has a PCT international patent pending on the innovative method used by our off-exchange OTC negotiation software. Our patent describes an electronic negotiation system that prevents users from overcommitment to more than one contract without restricting negotiations featuring an embodiment developed by EOG, as well as future embodiments using emerging technologies such as blockchain and artificial intelligence.

WHAT IS A PCT INTERNATIONAL PATENT ?

The PCT is an international treaty with more than 150 Contracting States. The PCT makes it possible to seek patent protection for an invention simultaneously in a large number of countries by filing a single “international” patent application instead of filing several separate national or regional patent applications. The granting of patents remains under the control of the national or regional patent Offices in what is called the “national phase”. Here is an overview of the PCT filing process.

Filing: you file an international application with a national or regional patent Office or WIPO, complying with the PCT formality requirements, in one language, and you pay one set of fees.

International Search: an “International Searching Authority” (ISA) (one of the world’s major patent Offices) identifies the published patent documents and technical literature (“prior art”) which may have an influence on whether your invention is patentable, and establishes a written opinion on your invention’s potential patentability.

International Preliminary Examination (optional): one of the ISAs at your request, carries out an additional patentability analysis, usually on an amended version of your application.

International Publication: as soon as possible after the expiration of 18 months from the earliest filing date, the content of your international application is disclosed to the world.

Supplementary International Search (optional): a second ISA identifies, at your request, published documents which may not have been found by the first ISA which carried out the main search because of the diversity of prior art in different languages and different technical fields.

National Phase: after the end of the PCT procedure, usually at 30 months from the earliest filing date of your initial application, from which you claim priority, you start to pursue the grant of your patents directly before the national (or regional) patent Offices of the countries in which you want to obtain them.

WHAT IS THE STATUS OF THE EOG PATENT?

During our development phase in 2017 – 2018, EOG has reserved an earlier filing date through a US provisional patent application. Subsequently, EOG patent was rolled into the PCT international patent application with one year remaining until national filing phase has to be initiated, in 2021 or earlier. As part of the PCT process, preliminary search results of prior arts as described by EOG, yield a strong success-rate patentability in key countries recognizing the PCT international treaty, including Canada, United States, and European Union.

SIGN UP FOR FREE

Sign Up for a FREE account with no commitments! Using your smartphone, enter your name, email, and a password to access our EOG Sandbox OTC workspace in the next 30 seconds. Our sandbox workspace provides a safe and risk free environment to try out our software while the EOG compliance team completes your KYC (know your client) onboarding. EOG applications are MOBILE-FIRST, we do not optimize for tablet or desktop.

We support USD/CAD/GBP/EUR fiat currency, all cryptocurrencies, fiat to crypto and crypto to crypto off-exchange contracts, with NO MINIMUMS and NO UPPER LIMITS. Visit the EOG negotiation software web application directly at https://www.eogotc.app and create your FREE account.