Could a trust fund (or some other legal entity) buy Vectrix assets on behalf of the rest of the world?
Could the Vectrix VX-1 owners, together with other people who are supportive of the cause, raise sufficient funds to outbid competitors, if and when Vectrix intellectual property (IP) rights are for sale?
Could the financial contributors to the trust fund agree that they will hold no individual rights whatsoever as a result of a successful appropriation of Vectrix IP rights, but that these rights would instead be released into the public domain for use by any interested party?
If this sort of arrangement was made exclusively for purchasing IP, then no ongoing costs or legal proceedings should ever be needed.
Acquisition of hardware, like spare parts and factories, is a totally different kettle of fish and is not part of this proposition.
After acquisition of the Vectrix IP asset(s) by the trust fund, they would simple be released for download on the internet and/or emailed to all financial contributors, with full rights to further distribute them and/or use them. Any leftover money could be donated for some good cause and the fund would then cease to exist.
EV forums and websites would then be able to legally store and display very useful information which would serve a number of purposes:
- enable the maintenance, repair and upgrade of the existing Vectrix VX-1 scooters.
- enable other engineers, manufacturers, inventors and tinkerers of the world to learn as much as possible from the Vectrix technology.
But the positive effects would not be limited to Vectrix VX-1 owners:
This might also ease anxieties and reduce hurdles for future EV’s, because buyers might be less reluctant to part from their dollars if they believe that they will not be left out in the cold if the company goes bust.
And it would help to pay back the largest possible amount of money to the burnt investors of Vectrix Corp. This might help the next EV Company attempting an IPO (Initial Public Offer).
The most useful pieces of IP to buy might be these:
Scooter Diagnostics Software
All past and present firmware for Motor Controller, Charger, ICM and Instrument Cluster.
Source code and documentation for the charger, motor controller, ICM and instrument cluster software.
Other diagnostic software.
Detailed repair annd service manuals.
Patents (also to be released into the public domain, of course)
Plans and software for BMS, other battery technologies and fuel cell upgrade.
Unfortunately I have no expertise in running such an operation, as you can probably tell from the likely incorrect use of terms in this proposal.
Someone with better knowledge than me might be able to re-write the proposal in more appropriate terms.
Alternatively, just tell me what a hare-brained and impossible proposal it is!
I would not be willing to be deeply involved with this proposed fund, but I would put in at least AU$200.- .
If every Vectrix owner did the same, that would equate to a buying power in the order of $500,000.- . I do not know if this amount would even be in the right order of magnitude, or if the IP would be for sale without the rest of the hardware and the debt and obligations.