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
Monkee Flips and a mono mix of "Love Is Only Sleeping." The sleeve and label are the same for both releases, with only an "RE-1" in the run-off groove of the vinyl denoting the update. The album cover shows a still photograph of the Monkees (with Peter Tork playing banjo) from a filmed performance of "What Am I Doing Hangin' 'Round," featured in the second season episode of "The Monkees" entitled "A Nice Place to Visit." The liner notes included a detailed recap of the Monkees' career, with then-recent interview comments from Nesmith and Dolenz. "Monkee Flips" went out of print as