RE: Patent application similar to Poynt Sep.29,201 great find, but unfortunately those inventors are wasting their time and money on such a broad patent application.
they will most likely have to narrow their claims in order to get something that will become an issued patent and it might not serve as an effective barrier to entry...
nonetheless, this shows yet another example of why IP in this particular space is so important due to all of the companies that are popping up in the LBS sector.