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 approaches the camera to speak, poking fun at his "missing hat." An opportunistic lookalike from the U.S. cashed in on his similarity to Nesmith by appearing on talk shows and doing interviews in Australia during the 1980s. The scam was successful, the lookalike being far enough from America to avoid detection as a fraud (which was more likely in the U.S., where the real Nesmith had made many media and show-business acquaintances). An entertaining interviewee, the impersonator's charade was not discovered until after he had vanished from the public eye. The imposter, Barry Faulkner, who had pulled various fraudulent scams