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I am individual investor with over 35 years investing experience. I have traded almost everything you can over that time. I prefer investing in microcaps as there can be above average rewards along with higher risk. The areas I follow very closely are: Technology, Intellectual Property, Precious... More
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  • Marathon Patent Investor Presentation

    Nice presentation by Marathon Patent from the B-Riley Conference yesterday.

    http://www.marathonpg.com/wp-content/uploads/2013/05/B-Riley-Conference-Presentation.pdf

    Disclosure: I am long OTCQB:MARA.

    May 21 10:58 AM | Link | Comment!
  • Looks Like Marathon Patent Is Starting To Make Some Noise

    Caught this excellent article written by Dan Lonkevich of DealFlow Media. Seems like Marathon is starting to get going with their IP defense.

    Patent Investor Marathon Accuses Sony, Dell, Others of Infringement

    By Dan Lonkevich
    March 21, 2013 5:45 PM ET

    Patent investor Marathon Patent Group (OTCQB:MARA) filed its first infringement lawsuit, accusing a group of companies including Sony Computer Entertainment, Dell and Blue Cross and Blue Shield Association of infringing patents related to online systems for workflow management and collaboration.

    Marathon's legal strategy is supported by investors who have made a name for themselves in the small-cap financing market. They include Hudson Bay Capital Management and GRQ Consultants. Numerous small cap investors are currently focusing on the business of patent monetization.

    Other defendants named in Marathon's suit are Winn-Dixie Stores, Siemens' energy division, Juniper Networks, and CB Apex Realtors.

    The suit was filed March 20 in U.S. District Court in Marshall, Texas.

    All of the defendants use an online communications system offered by Hyperoffice to facilitate workflow and collaboration on group tasks, projects and documents, according to the suit.

    Marathon, based in Alexandria, Va., said the infringed patents are held by its SAMPO IP LLC unit, which it purchased in November from LVL Patent Group. LVL was owned by Doug Croxall, who took over as chairman and chief executive officer of Marathon following the purchase of LVL's patent portfolio.

    "The patents recite systems and methods for centralized communication by storing information and pushing notifications to group participants, providing links to portions of the stored information while restricting access to other portions of the stored information, and pushing notifications to user peripheral," Marathon said in a recent securities filing.

    "The defendants have directly infringed, and continue to directly infringe, the claims of the asserted patents by using the accused communications systems and methods covered by the claims of the asserted patents," Marathon said in its lawsuit. "The defendants' infringing acts have caused, and will continue to cause, damage to plaintiff in an amount to be proven in trial."

    Marathon is being represented by the law firms of Spangler & Fussell of Longview, Texas, and Stadheim & Grear of Chicago. Attorneys with the two firms couldn't be reached for comment.

    Marathon spokesman Jason Assad declined to comment on how much the company is seeking in damages.

    A spokesman for Blue Cross declined to comment on the lawsuit. Representatives of the other the defendants couldn't immediately be reached for comment.

    Recent patent infringement cases have generated substantial awards for patent investors. VirnetX Holdings Corp. (NYSEMKT:VHC) won a $200 million settlement from Microsoft in 2010 and a $368 million verdict against Apple last year. VirnetX also recently lost in a patent infringement case against Cisco Systems.

    Vringo Inc. (NASDAQ:VRNG) won a $31 million award in a patent infringement suit last November against a group of companies that included Google, AOL, and Target Corp.

    Article Tag(s): Legal News, Intellectual Property

    Mar 21 11:16 PM | Link | Comment!
  • Marathon Patent Group Leveling The IP Playing Field.

    Investors can learn a lot from the past. Some might remember a company called Acacia Resources (NASDAQ:ACTG). It was not long ago that investors could buy this company's stock at just around $2 in early 2009. Fortunes have been made as astute investors took advantage of discount prices knowing intellectual property would soon prove to be a modern day currency leveraged by all the top technology titans. As IP became more relevant and valuable, so have shares of Acacia reaching highs in the $50 range where they now find themselves at approximately $27.50.

    Chart courtesy of StockCharts.com

    (click to enlarge)

    This brings me to Marathon Patent Group (OTCQB:MARA) , a newly formed IP company investors would be well served to pay close attention to as I believe it has the potential to not only follow closely in Acacia's footsteps, but they may be uniquely capable of leveling the entire IP field, setting an entire new standard for the space.

    MPG recently announced the naming of patent monetization veteran Doug Croxall as the company's Chief Executive Officer and Chairman. Mr. Croxall was previously the founder and CEO of LVL Patent Group. Mr. Croxall has spent nearly the last decade focused on preserving and enforcing patent holders rights, not limited to the successful prosecution, licensing and monetization of certain intellectual property assets.

    The company describes itself as an intellectual property ("IP") company that serves patent owners ranging from individual inventors to Fortune 500 corporations. Their IP services team devises strategies that allow their clients to maximize the value of their IP assets. In addition to generating revenues through IP consulting engagements, Marathon also partners with inventors and patent owners to monetize patent portfolios through IP licensing campaigns. Their objective is to provide a focused and comprehensive set of IP services that range from analysis of existing IP assets, idea creation, development, prosecution, commercialization, to licensing and enforcement. Marathon provides their clients proprietary analytics, IP valuation methods, partnering opportunities, infringement tracking, patent analysis, strategies, tactics, enforcement, and reporting among other services.

    Acacia and other patent holding companies commonly referred to as NPE's "Non Practicing Entities", have typically generated revenues via the licensing of patents they have acquired from others. This is where MPG breaks from the norm not limiting itself to just a single revenue vertical. They are uniquely serving a well underserved market which includes patent owners that lack the financial resources to independently protect their patent rights, something larger companies have often preyed upon in their willful infringement of certain IP owned by these smaller companies.

    Two recent news announcements set the stage for possible strong growth in the future. Just today the company announced the following, "Marathon Patent Group, Inc., an Intellectual Property services and monetization company, announced today that it has established a new IP Research and Services Center at the University of Arizona Science & Technology Park in Tucson, Arizona. The center is expected to generate revenues from IP consulting services, facilitate licensing clients, and provide IP licensing support to operating businesses with significant IP assets.

    The IP Research and Services Center will be headed by Nathaniel Bradley, an accomplished inventor and IP strategist. Joining Mr. Bradley is a team of engineers, inventors, and research specialists. In addition to Mr. Bradley, who will serve as Marathon's Chief Technology Officer & President of IP Services, joining MPG are James Crawford, Chief Operating Officer of Marathon, and Douglas Bender, who assumes the role of MPG's Vice President of Engineering."

    Last week the company telegraphed some very powerful news when it announced it had entered into a strategic relationship with renowned patent attorney Erich Spangenberg's IPNav, Founded in 2003, IPNav's full-service patent monetization offering is a unique turnkey solution for patent owners seeking to maximize the value of their IP. IPNav has generated over half a billion dollars in direct licensing revenue and cash settlements for its clients. IPNav's clients and transaction partners include a large and diverse group of Global 500 corporations, universities, non-profit organizations, and a European government agency.

    While pure IP monetization plays like Virnetx (NYSEMKT:VHC) and Vringo (NASDAQ:VRNG) have recently shown investors the huge potential rewards with litigating company owned IP, MPG brings multiple potential verticals into play. MPG will be litigating its own IP, providing IP services to outside companies and also partnering with third party companies looking to monetize IP. Combining these potential lucrative verticals along with its recently announced relationship with Erich Spagenberg's IPNav company could provide plenty of fireworks in future months as investors learn about this new IP play. Also of interest a recent 13G filing disclosed a 7.94% stake in MPG by Hudson Bay Capital Management. Hudson Bay was also a very early investor in Vringo.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

    Tags: ACTG, VHC, VRNG, long-ideas
    Mar 07 8:26 AM | Link | Comment!
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