Really! A Patent for Cost-Plus Pricing! Really!

My friend and Sage business partner Gary Crouch from CS3 Technology in Tulsa, OK sent me this story from the Tulsa Business Journal.

The article details the fact that a local company Fee Technology Inc. has acquired a patent for “a mathematical process for creating a direct relationship between the prices charged to the cost structure of a business.”

Correct me if I am wrong, it is called cost-plus pricing and the patented process is called multiplication.