Patent 11317640

Assignment history

Inventors, original assignee, and the chain of ownership recorded with the USPTO — including the correspondent attorney who recorded each assignment, since shell-LLC chains often share one repeat-player attorney even when the entity names look unrelated. Surfaces NPE / patent-troll patterns: shell-entity transfers, known asserters in the chain, repeat correspondent fingerprints, pre-litigation assignments, and bankruptcy fire-sales.

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Ownership chain (4)

Asserters network →

Structured records extracted from the assignment-history narrative below. Each entity links to its full ownership-network profile.

  1. 2020-04-15 · reel 052405/0796 · Assignment

    DWIVEDI, BASANT K.PROMOTION IN MOTION, INC

    Correspondent: · MCDERMOTT WILL & EMERY

    Transfer of inventor's interest to the assignee.

  2. 2020-05-12 · recorded 2020-05-13 · reel 052652/0601 · Security Interest

    THE PROMOTION IN MOTION COMPANIES, INC.PNC BANK, NATIONAL ASSOCIATION

    Correspondent: · REED SMITH

    Securitization.

  3. 2020-05-12 · recorded 2020-05-13 · reel 052652/0623 · Security Interest

    PROMOTION IN MOTION, INC.; PIM BRANDS LLCPNC BANK, NATIONAL ASSOCIATION

    Correspondent: · REED SMITH

    Securitization.

  4. 2022-12-20 · reel 062157/0006 · Security Interest

    PROMOTION IN MOTION, INC.; PIM BRANDS LLC; PHARMA IN MOTION LLCPNC BANK, NATIONAL ASSOCIATION

    Correspondent: · REED SMITH

    Securitization.

Assignment history

Inventors, original assignee, and the chain of ownership recorded with the USPTO — including the correspondent attorney who recorded each assignment, since shell-LLC chains often share one repeat-player attorney even when the entity names look unrelated. Surfaces NPE / patent-troll patterns: shell-entity transfers, known asserters in the chain, repeat correspondent fingerprints, pre-litigation assignments, and bankruptcy fire-sales.

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Inventors

Original assignee

The original assignee, Promotion In Motion Inc., is named on the issued patent. Promotion In Motion Inc. is a confectionery company known for products like "PEZ" and "Sour Jacks". They produce and ship a variety of fruit snacks and candies, and based on the patent's description of a "fruit snack with probiotics," it is determinable that they ship a product embodying the claims. The company appears to be currently operating.

Assignment timeline

  • 2020-04-15 (executed) / recorded 2020-04-15 — Reel 052405/0796
    • Conveyance: Assignment
    • Assignor: DWIVEDI, BASANT K.
    • Assignee: PROMOTION IN MOTION, INC
    • Correspondent: MCDERMOTT WILL & EMERY LLP, 500 NORTH CAPITOL STREET, N.W., WASHINGTON, DC 20001
    • Context: Transfer of inventor's interest to the assignee.
  • 2020-05-12 (executed) / recorded 2020-05-13 — Reel 052652/0601
    • Conveyance: Security Interest
    • Assignor: THE PROMOTION IN MOTION COMPANIES, INC.
    • Assignee: PNC BANK, NATIONAL ASSOCIATION
    • Correspondent: REED SMITH LLP, 225 FIFTH AVENUE, PITTSBURGH, PENNSYLVANIA 15222
    • Context: Securitization.
  • 2020-05-12 (executed) / recorded 2020-05-13 — Reel 052652/0623
    • Conveyance: Security Interest
    • Assignor: PROMOTION IN MOTION, INC.; PIM BRANDS LLC
    • Assignee: PNC BANK, NATIONAL ASSOCIATION
    • Correspondent: REED SMITH LLP, 225 FIFTH AVENUE, PITTSBURGH, PENNSYLVANIA 15222. This correspondent appears on a subsequent record for this patent.
    • Context: Securitization.
  • 2022-12-20 (executed) / recorded 2022-12-20 — Reel 062157/0006
    • Conveyance: Security Interest
    • Assignor: PROMOTION IN MOTION, INC.; PIM BRANDS LLC; PHARMA IN MOTION LLC
    • Assignee: PNC BANK, NATIONAL ASSOCIATION
    • Correspondent: REED SMITH LLP, 225 FIFTH AVENUE, PITTSBURGH, PENNSYLVANIA 15222. This correspondent previously appeared on two records for this patent.
    • Context: Securitization.

Timeline diagram

timeline
    title Ownership of US 11317640
    2020 : Inventor assigned to Promotion In Motion Inc
         : Security interest to PNC Bank
         : Security interest to PNC Bank
    2022 : Security interest to PNC Bank

NPE / troll-pattern signals

  1. Shell-entity transfer — not present
  2. Known asserter in the chain — not present
  3. Repeat correspondent across the chain — present. Reed Smith LLP, 225 FIFTH AVENUE, PITTSBURGH, PENNSYLVANIA 15222, appears as the correspondent on reel 052652/0601, reel 052652/0623, and reel 062157/0006.
  4. Cascading transfers — not present
  5. Pre-litigation transfer — not present
  6. Bankruptcy fire-sale — not present
  7. Privateering — unclear
  8. Defensive aggregator (anti-NPE) — not present

Verdict

Insufficient data. The assignment timeline primarily shows the inventor assigning the patent to the original assignee, Promotion In Motion Inc., followed by multiple security interest filings with PNC Bank. While Reed Smith LLP appears as a repeat correspondent across the security interest filings, this indicates a consistent legal representative for the financial transactions rather than a pattern suggestive of NPE activity. There is no evidence of transfer to a shell entity or a known patent asserter.

USPTO Assignment Center search page

Generated 6/1/2026, 12:47:30 PM