Unprofessionalism (Need of NDA).

JIT inc. held a patent on a program that could encode,decode and compress recorded speech on a computer. the application was very helpful for the security agencies and home land security agency contact JIT inc for this product. The product was very simple it encode and decode the speech in digital form/speech form and that was the main reason that Security agencies in the country takes interest in it. JIT inc. thought to produce this application on mass level so that they can expand their bussiness around the world so they starts to seek investor for its grow.

As JIT inc is a new bussiness company when their product create a hipe in the international and national markets many tech related companies contacted them to work together. but JIT wants expands their business on its own and for that they want some investor who can invest on their product.

they met a managing director of some Avengleous company they presented their idea but they reject it because of the lack of interest. but, they come up with their own product with very similiar to that JIT inc produce but with some customizations.

Now,  after their product and the share of JIT inc dropping down quickly but they could not any thing because they didn't sign any NDA with that company and down they are just vanishing from the market..