Thursday, May 15, 2008

AdvanceMe Loses Merchant Cash Advance Patent Appeal

I just received word that AdvanceMe has lost their appeal on their patent. I thought the call I got was a joke because the hearing was just last Tuesday, turns out the court realized in two seconds that there was no merit to this appeal. It shows you how little basis AdvanceMe had to even appeal this decision. You can see the court's document by clicking here.

The Electronic Transaction Association (ETA) has already reported on this "lightning fast" ruling as well. Click here for the story.

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