Larry P Friedman

US Patent:

20150339644, Nov 26, 2015

Filed:

May 22, 2014

Appl. No.:

14/285549

Inventors:

Deron Stults - Winter Haven FL, US
Larry Friedman - Canton GA, US

International Classification:

G06Q 20/12
G06Q 20/20

Abstract:

One embodiment of the present invention deals generally with a system and method of selling an anonymous customer exercisable call option at a retail point of sale exercisable in the future securing the provision of goods and/or services. Such a system has the multiple advantages of: 1) Eliminating the need for the collection of customer identifying contact information such as name and address at the point-of-sale; 2) Since only a call option is sold, customers may elect to delay exercising the option, or indeed not exercise the option at all. Both of these instances likely benefit the supplier of goods and/or services in an economic sense; and, 3) The transaction may be anonymous to the maximum extent possible.