ALEXANDRIA, Va., Dec. 9 -- United States Patent no. 12,492,043, issued on Dec. 9.
"Magnetic pouch" was invented by Agastin Michael (New York City, N.Y.) and Nelson Lin (New York City, N.Y.).
According to the abstract* released by the U.S. Patent & Trademark Office: "The magnetic pouch includes a front wall, a rear wall, and a plurality of magnets. The front wall may be coupled to the rear wall along three edges to form a pouch with an open top. The plurality of magnets may couple the pouch to a host object. The pouch may carry an item such that the item is accessible for use by lifting the item from the pouch. The magnetic pouch may be operable as a clip by folding the pouch in half such that a magnet in the upper half of the rear wall po...