Investors dump Dump-A-Matic


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CEDAR CITY, Utah (AP) -- A Cedar City inventor is suing sponsors of the Utah governor's economic summit last year for failing to help him sell a load of his Dump-A-Matics.

That's a sliding and tilting box that that dumps heavy loads from a pickup bed without power, hydraulics or cranking.

The handyman's invention won a promise of $100,000 in venture capital at the 2007 Governor's Utah Economic Summit. But he didn't get any money.

Culp says he's just a guy who entered a contest and "got used up."

Culp is suing Grow Utah Ventures and Funding Universe.

Grow Utah Ventures President Craig Bott says he never promised Culp real money, only a sit-down with investors. They determined Culp was unable to patent the idea.

(Copyright 2008 by The Associated Press. All Rights Reserved.)

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