Tipp-Ex errors" (German: "Tippfehler"). He subsequently founded a company of the same name. Shortly after that a "Tipp-Ex Sales & Distribution" company (Tipp-Ex Vertrieb GmbH & Co. KG) was founded in Frankfurt by Otto Carls. This company still exists under the name of Tipp-Ex GmbH & Co. KG close to Frankfurt. "Tipp-Ex" became a registered trademark with the German patent office in 1987. Earlier, in 1951, Bette Nesmith Graham invented the first correction fluid in her kitchen and began marketing the product in 1956 as "Mistake Out", later called Liquid Paper. Tipp-Ex GmbH only started to produce white correction fluid in
Michael Nesmith Canada, with the follow-up "Silver Moon" making No. 42 Billboard, No. 28 Cashbox, and No. 13 in Canada. Two more singles charted ("Nevada Fighter" made No. 70 Billboard/No. 73 Cashbox/No.67 Can., and "Propinquity" reached No. 95 Cashbox), and the first two LPs charted in the lower regions of the Billboard album chart. No clear answer has ever been given for the band's breakup. Nesmith followed up with The Second National Band, a band that, besides Nesmith, consisted of Michael Cohen (keyboards and Moog), Johnny Meeks (of The Strangers) (bass), jazzer Jack Ranelli (drums), and Orville Rhodes (pedal steel), as well