Patent-pending technology is designed to identify the persons entitled to intellectual property income, follow changes in ownership through securities-account records, and redirect future royalty payments automatically when Intellectual Property Securities are transferred
NEW YORK, September 01, 2026 — Intellectual Property Securities Corporation (“IPSE”) today announced the filing of a United States patent application covering its Royalty Collecter, a proprietary system designed to collect, reconcile, clear and distribute intellectual property revenue to the persons entitled to receive it.
The patent application, entitled “Royalty Entitlement Cheque System for Position-Synchronized Collection, Clearing, and Distribution of Intellectual Property Revenue,” identifies Marc René Deschenaux as the inventor.
The Royalty Collecter is intended to address one of the most persistent problems in the intellectual property economy: revenue may be generated continuously by a film, musical work, patent, trademark, literary work, software product or other intellectual property, while the identity and proportional interest of the persons entitled to that revenue may change over time.
Traditional royalty systems are generally built around static contractual payment instructions, manually maintained beneficiary lists and periodic statements. These systems may become difficult to administer when intellectual property interests are divided among numerous holders, transferred repeatedly, held through intermediaries or represented by securities recorded in registered, street-name, omnibus or tokenized accounts.
IPSE’s Royalty Collecter is designed to create a dynamic connection between:
- the intellectual property or related revenue-producing asset;
- the contracts and licenses generating revenue;
- the securities or other interests representing an entitlement to that revenue;
- the authoritative records showing who holds those interests;
- the amounts collected from revenue sources; and
- the payment instructions required to distribute the corresponding proceeds.
“Securitizing intellectual property is only one part of the solution,” said Marc René Deschenaux, President and Founder of IPSE. “The market must also be able to determine, at every relevant payment date, who is entitled to receive the economic proceeds generated by that intellectual property. The Royalty Collecter is designed to connect the royalty stream to the current position of each Intellectual Property Securities shareholder.”
The problem addressed by the Royalty Collecter
Intellectual property revenue can originate from many different sources and may be reported under different accounting periods, contractual definitions, currencies, territories and payment schedules.
Depending on the intellectual property category, revenue may be generated by:
- box-office receipts;
- theatrical and nontheatrical distribution;
- streaming and video-on-demand platforms;
- television and broadcasting rights;
- music-performance and mechanical royalties;
- synchronization licenses;
- publishing income;
- patent licenses;
- technology-transfer agreements;
- franchise and merchandising rights;
- software subscriptions;
- trademark licenses;
- collecting societies and collective-management organizations;
- distributors, exhibitors, licensees and sub-licensees; and
- settlements, damages, insurance proceeds or other recoveries connected to intellectual property rights.
At the same time, the ownership or economic entitlement attached to the intellectual property may be divided into hundreds, thousands or potentially millions of positions.
Those positions may subsequently be sold, assigned, donated, inherited, pledged, transferred between accounts or divided through partial transfers. A payment system based solely on the identity of the original investor may therefore become inaccurate as soon as the corresponding interest changes hands.
The Royalty Collecter is designed to solve this mismatch by synchronizing royalty entitlement with the authoritative records evidencing the current position.
The Royalty Entitlement Cheque
At the center of the Royalty Collecter is the Royalty Entitlement Cheque, also referred to within the system as a Recurring Cheque or a persistent royalty-entitlement record.
Unlike a conventional cheque that is issued, deposited and consumed through a single payment, the Royalty Entitlement Cheque is designed to remain associated with an eligible securities position for as long as that position continues to carry a right to receive intellectual property revenue.
The Royalty Entitlement Cheque is not intended to be a negotiable instrument under traditional cheque law, nor is it necessarily a separate security that can be traded independently from the underlying Intellectual Property Security. It functions as a proprietary, persistent and non-consumable entitlement and routing record within the Royalty Collecter.
As long as an Intellectual Property Security remains credited to the securities account of a shareholder, the corresponding Royalty Entitlement Cheque may identify that account, subject to the applicable contractual terms, record-date rules and authoritative ownership records, as entitled to receive its proportionate share of distributable revenue.
When the shareholder sells, assigns, gives or otherwise transfers all or part of the Intellectual Property Security, the system is designed to detect or receive the resulting change in position. The Royalty Entitlement Cheque can then be reassociated, divided, terminated, reissued or otherwise updated so that future royalty payments are routed according to the new authoritative position.
This allows royalty entitlement to follow the Intellectual Property Security instead of remaining permanently attached to the original purchaser.
How the Royalty Collecter is designed to operate
The system contemplated in the patent application may perform a sequence of interrelated functions.
1. Identification of the intellectual property
The Royalty Collecter establishes or receives a record identifying the intellectual property or revenue-producing right.
That record may cover an entire intellectual property asset or a defined component, including a particular territory, license, revenue category, distribution window, contractual right or percentage of income.
For a film, for example, the relevant intellectual property may extend beyond the screenplay. Depending on the project’s chain of title and contractual structure, it may include the completed motion picture, screenplay, characters, music, audiovisual elements, sequel and remake rights, distribution rights, merchandising rights and other associated rights.
2. Identification of revenue-generating contracts
The system associates the intellectual property with the contracts, licenses and commercial arrangements through which revenue is generated.
Each contract may define
- the revenue source;
- the rights granted;
- the territory;
- the term;
- the currency;
- the payment frequency;
- the applicable deductions;
- the calculation methodology;
- the reporting obligations; and
- the persons responsible for collecting or remitting funds.
This contractual mapping helps the Royalty Collecter distinguish gross receipts from the amounts that are actually available for distribution.
3. Collection of revenue
The Royalty Collecter may receive funds, statements or transaction information from multiple revenue sources.
These may include collection agents, licensees, distributors, platforms, exhibitors, publishers, collecting societies, escrow agents, royalty administrators or other counterparties obligated to report or remit intellectual property income.
The system may record the origin, amount, currency, contractual basis, accounting period and intellectual property to which each receipt relates.
4. Reconciliation and normalization
Revenue statements may use different titles, identifiers, territories, currencies and accounting conventions. The Royalty Collecter is designed to reconcile those records with the corresponding intellectual property, contract and revenue category.
The process may include
- matching incoming payments to the appropriate asset;
- identifying the applicable contract;
- converting currencies where required;
- verifying the relevant accounting period;
- applying contractual deductions;
- detecting duplicate entries;
- identifying missing or inconsistent information;
- maintaining reserves;
- recording adjustments; and
- determining the net amount available for distribution.
5. Determination of the distributable amount
After the applicable contractual expenses, reserves, participations, taxes, servicing fees and other authorized deductions have been accounted for, the system calculates the amount eligible for distribution to Intellectual Property Securities shareholders.
Different classes or series of Intellectual Property Securities may carry different economic rights. The Royalty Collecter may therefore apply the distribution rules established for the particular issuance rather than assuming that every holder participates on identical terms.
6. Verification of the authoritative securities position
Before allocating a distribution, the system determines the authoritative record showing the positions entitled to participate.
Depending on the structure, that record may be maintained by
- the issuer;
- a registrar;
- a registered transfer agent;
- a broker-dealer;
- a clearing organization;
- a securities depository;
- a custodian;
- an authorized digital-asset or tokenization platform; or
- another legally recognized recordkeeping system.
The Royalty Collecter is designed to accommodate securities held directly by registered owners, through brokerage accounts, in street name, within omnibus accounts or through compatible tokenized systems.
7. Application of record dates and entitlement rules
Royalty income is not always received on the same date on which it was earned. A payment received today may relate to exploitation that occurred weeks, months or years earlier.
The Royalty Collecter is therefore designed to apply defined entitlement rules to determine whether a distribution belongs to
- the holder on the date the revenue was generated;
- the holder on a specified record date;
- the holder on the payment date;
- the transferor;
- the transferee; or
- a combination of holders under an accrued-income allocation formula.
The applicable result depends on the governing contracts, offering documents, security terms and distribution policy.
This distinction is important because the system is not intended merely to pay whoever happens to own the security when cash is received. It is designed to apply the legally and contractually defined economic entitlement.
8. Position-synchronized allocation
Once the eligible positions have been established, the Royalty Collecter calculates each shareholder’s proportionate allocation.
The allocation may take into account
- the number of securities held;
- the percentage of the intellectual property represented;
- the class or series of security;
- the duration of the holding period;
- applicable record dates;
- accrued entitlements;
- partial transfers;
- contractual priorities;
- distribution waterfalls;
- reserves;
- minimum-payment thresholds; and
- taxes or withholding requirements.
The system then associates the calculated allocation with the corresponding Royalty Entitlement Cheque.
9. Transfer-aware rerouting
When an Intellectual Property Security is transferred, the Royalty Collecter is designed to update the entitlement and payment-routing process.
For a complete transfer, the former holder’s entitlement record may cease to control future distributions governed by post-transfer positions, while a corresponding entitlement record becomes associated with the transferee’s position.
For a partial transfer, the entitlement may be divided proportionately. The transferor may retain an entitlement corresponding to the remaining securities, while the transferee receives the entitlement associated with the acquired securities.
The system can preserve historical records so that completed transfers do not alter prior distributions or erase the audit trail.
10. Distribution to the entitled beneficiary
After entitlement has been validated, the Royalty Collecter prepares or initiates payment to the beneficiary or authorized account.
Payment may be made through conventional banking rails or other legally permitted payment systems. The payment record can identify
- the beneficiary;
- the related securities position;
- the intellectual property;
- the revenue period;
- the gross amount;
- the deductions applied;
- the net distributable amount;
- the currency;
- the payment destination; and
- the transaction status.
11. Audit trail and reporting
The Royalty Collecter is designed to maintain an auditable history linking each distribution to the revenue from which it originated.
A distribution record may show the progression from
intellectual property → contract → revenue source → collection → reconciliation → distributable amount → securities position → entitlement record → beneficiary → payment.
This traceability is intended to help issuers, rights holders, administrators, auditors, transfer agents and shareholders understand why a particular amount was collected, how it was calculated and to whom it was distributed.
Integration with Intellectual Property Securities
IPSE is developing Intellectual Property Securities, or IPS, as financial instruments designed to represent defined ownership, licensing, assignment or economic interests connected directly to intellectual property.
The Royalty Collecter is intended to provide an operational bridge between two distinct environments:
- the intellectual property environment, where income is created under licenses and commercial contracts; and
- the securities environment, where ownership positions are issued, recorded, held and transferred.
Without this bridge, an issuer may know that revenue was received but lack a sufficiently automated method to determine which current or historical holders are entitled to participate in that revenue.
The Royalty Collecter is designed to make the royalty stream responsive to changes in the securities ledger while preserving the applicable legal, contractual and record-date requirements.
Potential intellectual property categories
Although motion pictures and music provide easily understood examples, the invention is designed for broader application.
Potential categories include
- films and audiovisual productions;
- musical compositions and sound recordings;
- patents and patent licenses;
- trademarks and brands;
- literary and publishing rights;
- photographs and visual art;
- software and databases;
- video games;
- character and personality rights;
- industrial designs;
- franchises;
- trade secrets where contractually monetized; and
- other identifiable rights capable of producing measurable revenue.
The system may also be applied to portfolios containing multiple intellectual property assets and to issuances in which different securities participate in different portions of a portfolio’s revenue.
Relationship to Securitizor
The Royalty Collecter is intended to operate as an important component of Securitizor, IPSE’s proprietary system for structuring and administering the securitization of intellectual property.
Securitizor is being designed to organize the persons, rights, contracts, licenses, securities, payments, regulatory documents and transaction records associated with an intellectual property financing.
Within that broader architecture, the Royalty Collecter addresses the post-issuance economic lifecycle: collecting the income produced by the intellectual property and distributing the appropriate amounts to the persons entitled to receive them.
The combination is intended to support an integrated process encompassing:
intellectual property identification → chain-of-title review → contractual structuring → securities issuance → position recordkeeping → revenue collection → royalty allocation → shareholder distribution.
Why the invention matters
The market for intellectual property is vast, but intellectual property revenue remains fragmented across contracts, territories, intermediaries and legacy accounting systems.
IPSE believes that creating a scalable financial market for intellectual property requires more than converting rights into securities. It also requires infrastructure capable of servicing those securities over their entire economic life.
The Royalty Collecter is designed to provide that servicing infrastructure by:
- reducing dependence on manually updated beneficiary lists;
- connecting distributions to authoritative securities positions;
- following complete and partial transfers;
- separating historical entitlement from future entitlement;
- reducing duplicate or misdirected payments;
- consolidating revenue from multiple sources;
- preserving a detailed audit trail;
- improving transparency for shareholders;
- supporting recurring distributions; and
- allowing intellectual property revenue to be administered at securities-market scale.
"A royalty right must remain economically functional after it has been transferred,” Deschenaux added. “When the ownership position changes, the payment infrastructure must be capable of recognizing that change without losing the history of the asset, the revenue or the former holder. The Royalty Entitlement Cheque is designed to provide that continuity.
Patent status
The filing of the application establishes a patent-pending position for the disclosed invention. The filing does not constitute the issuance of a patent, a determination of patentability or a guarantee concerning the scope of any patent rights that may ultimately be granted.
The application includes claims directed to various aspects of the system, including position-synchronized royalty entitlement, recurring entitlement records, transfer-aware beneficiary rerouting, revenue reconciliation, securities-position verification, record-date processing, allocation of accrued entitlements, partial-transfer handling, duplicate-payment controls and auditable royalty distribution.
Financing acknowledgment
The development, preparation and/or prosecution of the invention was financed by Mr. Darren Mark Horvath & Ms. Stephanie Ernst.
Such financial support does not constitute inventorship and, except as may be separately established by written assignment or agreement, does not confer any ownership interest in the invention or resulting patent rights.
Media Contact
Intellectual Property Securities Corporation
Attn: Corporate Communications
Contact Person: Skender Djendoubi
Email: Skender@IPSEcorp.com
Telephone: +1 (646) 246-5157
Website: IPSEcorp.com
