Word: isc
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...tough industry," Melinda Miller, ISC's publicity manager, explains. "It is a disappointment, but it is the nature of the industry. Mahaffey's case was not unusual. Consumers have to do their homework." She says that of the 5,324 clients the company represented from 1997 to 1999, only 11 had made more money than they invested. Consumer advocates say even that number is inflated. While no one questions the risks inherent in developing a new invention, experts say the odds shouldn't be that low. In 1996 federal authorities forced ISC, which has more than 70 offices worldwide...
...enthusiastic ISC salesman told him the idea was brilliant--just what every inventor wants to hear--and pressured him to sign up before someone else came up with the same concept. Mahaffey quickly ponied up $625, borrowed from family and friends, for the patent search. "They told me everything out there was based on radio transmissions," he recalls. "I had an original idea, and I had to hurry to protect it. My father had invented the pop-top soda can but couldn't afford to follow through. He still regrets it. I didn't want that to happen...
Within six months of borrowing the money, Mahaffey began to feel frustrated. His first inkling that ISC's promised patent search wasn't as thorough as it told him was a simple Internet search, which turned up several similar devices that were already on the market. As for the advertised promotion efforts, those consisted of "a few brochures and a couple of lines of advertising on the Web," Mahaffey says, calling the promise "a lot of baloney." With no money coming in from the invention, the loan payments to the ISC subsidiary became a burden. "We really struggled...
...When administrators of several campus choirs vacated a small office in Thayer, Cooke did some reshuffling. She moved the International Students Council (ISC), which plans an annual business conference in Switzerland, from its spacious Holworthy office to Thayer. Diversity & Distinction magazine then moved into the ISC's former Holworthy haunt...
...about having an integrated, targeted plan of building our network of contacts," Kinczel says, explaining that by attracting American executives to the IMS in Switzerland, the ISC can collect sponsors who will pay for students to attend the event...