ALEXANDRIA, Va., June 25 -- United States Patent no. 12,340,345, issued on June 24, was assigned to Stadium Enterprises LLC (Wilmington, Del.).

"Inventory management and transfer system" was invented by John McPheters (Brooklyn, N.Y.) and Jed Stiller (Hoboken, N.J.).

According to the abstract* released by the U.S. Patent & Trademark Office: "An inventory management system for managing inventory ownership in a shared inventory space is described. The system includes receivers configured to receive data from sources external to the inventory management system. Transmitters are configured to transmit data to sources external to the inventory management system. A bundle generation is configured to receive transfer data from a first user via t...