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  • Investing In The Erin Brockovich Of The Stock Market [View article]
    MG, I cut and pasted your post because I thought it so good and people should read it. Common sense but wanted to let you know.
    May 6, 2013. 02:43 PM | Likes Like |Link to Comment
  • Investing In The Erin Brockovich Of The Stock Market [View article]
    Dr. Phil Frost, Barry Honig and Hudson Bay were all early stage investors in VRNG. Honig and HB filed 13G's early on with VRNG and have done the same with MARA, just check the filings.

    Famed attorney Erich Spangenberg of IP also owns a current 8M shares of MARA but that will soon increase if the recent transation closes.

    Goes without saying that there are some pretty bright and accomplished people behind and invested in Marathon.
    May 6, 2013. 01:46 AM | 1 Like Like |Link to Comment
  • Investing In The Erin Brockovich Of The Stock Market [View article]
    Alvarac,

    Please allow me to correct you, Marathon is now currently generating revenues and likely profitable just from the last two patent acquisitions which are proven assets with a historical track record of many millions in licensing settlements. Both acquired portfolio's have a forward pipeline of many current cases which should continue to result in continued comparable licensing revenues on a go forward basis.

    You might want to look at the two recent releases where the company states past revenues associated with the portfolio and the timeframe in which they occurred. CyberFone has amassed almost $16M on 39 settlements or licenses, currently I believe 16 more are in process. The enforcement was initiated just 18 months ago so settlements are not elongated and have been averaging in the $450k range at roughly 1.7 of them per month. You can do the math and extrapolate what the company will likely see going forward over a similar time frame, absent additional suits which would only add to those potential revenues.

    The TQP patent they just acquired has already yielded $40M in settlements and that's only 1 patent. That $40M has come from approximately 97 settlements. My understanding is that the patent is already being asserted in an additional 60 plus suits that are pending. Do the math, that's approximately $24M in potential revenue for just that single patent on a go forward basis, and that's only gives consideration to current on-going suits, no new ones. I'd assume they intend to file more on this patent as well as the Cyberphone portfolio, Sampo patents and the Mosaid one.

    With respect to the company's current SG&A, I understand it to be just approximately $150k a month, or less than $500k per quarter, not what I believe you are erroneously stating as $2M a quarter. You'd be well served to note the number you are citing is from the filings pertaining to the predecessor company that used to own the corporate shell.

    While I respect you making your opinion known, you're unfortunately making it based on outdated information that is not applicable to Marathon's actual current business operations. I think the next financial filing may find you pleasantly surprised and re-thinking your analysis.

    While I would never tell you or anyone else what to do with their own money, I personally think the current valuation is grossly under representing the value of the company's asset base and revenue pipeline. Currently they posses about 100 assets, (patents or applications".

    It's my opinion current fair value should be in the $1 range. I think the only thing keeping the shares in the current price range is some legacy related shares coming from shareholders associated with the former company and who have been unable to sell for a period of close to 2 years. I think a lot of that overhead was exhausted last week.

    To me, this last week showed signs of large accumulation as shares went from weak old hands associated with the prior shell, to stronger new ones who understand Marathon's business and who have been paying close attention to the remarkable list of accomplishments the company's management have made in just the last few months.

    Not sure if you saw this today, but the company filed another suit against some major corporations late Friday. "A unit of Marathon Patent Group Inc. filed a suit Friday in Texas federal court alleging Starbucks Corp., Hewlett-Packard Co., Avon Products Inc. and five other major corporations have infringed its patents relating to online systems for workflow management and collaboration."
    May 6, 2013. 01:46 AM | Likes Like |Link to Comment
  • Investing In The Erin Brockovich Of The Stock Market [View article]
    I suspect they will have absolutely no problem securing the $6M. In addition, the shares for the acquisition are going to Eric Spangenberg of IPNav. Ask yourself why he might be taking equity in Marathon as opposed to selling the portfolio's outright for cash, something he could just as easily do. Also ask yourself if he is incentivized to also possibly help Marathon procure additional valuable IP assets.
    May 5, 2013. 12:11 PM | Likes Like |Link to Comment
  • 2 Undiscovered Patent Plays: Will History Repeat Itself In The Patent Infringement Space? [View article]
    Conflict of interest? Please, it's a brilliant business deal for both parties. He sold them the portfolio and took almost all the value and upside in the form of Marathon shares at current levels. What does it ultimately say that he took equity in Marathon when he surely could have sold this portfolio for a sizeable cash sum and walked away. It's clear he believes that the asset being contributed to Marathon will generate value well beyond what he could have just sold the portfolio for in cash. It would also appear to indicate he has a longer term view and might have wanted a smaller piece of an ultimately much larger pie in the form of Marathon. The transaction and Spangenberg's large equity holding only indicates he has a significant interest in Marathon's success and will surely give MPG a possible first look at other valuable IP holding she owns or is introduced to.
    Apr 28, 2013. 02:07 PM | 2 Likes Like |Link to Comment
  • Big Profits In Intellectual Property, But Beware Of Risks [View article]
    Some good news on Marathon Patent Group today which you featured in your article. An NPE with cash flow it appears. Much like Acacia.

    Marathon Patent Group Provides Details on CyberFone Systems Acquisition

    Portfolio Generated 32 Settlement and License Agreements Totaling $15.5 Million

    ALEXANDRIA, VA--(Marketwired - Apr 24, 2013) - Marathon Patent Group®, Inc. (OTCBB: MARA) ("Marathon"), an intellectual property services and monetization company, today provides an update on its recent acquisition of CyberFone Systems, LLC and its patent portfolio. The patents cover claims that provide the right to practice specific transactional data processing, telecommunications, network and database inventions, including financial transactions.

    The portfolio has a history of revenue generation, demonstrating the value of the assets, as well as their widespread use over multiple industries. Since the licensing and enforcement campaign began nearly 18 months ago, the patent portfolio has generated 32 settlement and license agreements for a total of $15.5 million in revenue. Ongoing infringement continues, and the portfolio is currently being enforced against 16 named defendants, including Federal Express, Mitsubishi, Toshiba, Nintendo, ZTE, Siemens, Alcatel-Lucent and UPS among others.
    Marathon believes these patents cover inventions that are in widespread use, particularly in the mobile internet environment. Marathon and IP Navigation ("IPNav"), its strategic partner, will continue to identify, and license to, those who market or sell technologies covered by the underlying rights of the acquired assets. This includes infringement both in already identified industries, but also in newly identified verticals or use cases. Earlier this year, Marathon Patent Group announced it had entered into a strategic relationship with industry-leading patent monetization company IP Navigation Group, which has generated more than $600 million to date in licenses, settlements and damages awards. IPNav will continue source and execute monetization opportunities on behalf of MPG.

    "It is clear from the continued performance of the CyberFone portfolio that it represents diversification in both its ability to generate revenue and in the breadth of its base of licensees," said Doug Croxall, Chief Executive Officer of Marathon Patent Group. "We see portfolios like it as the foundation of Marathon's growth strategy. We are also working with IPNav to identify other industries and potential licensees for the CyberFone portfolio."

    About Marathon Patent Group

    Marathon Patent Group® ("Marathon") is an intellectual property services and monetization company that serves a wide range of patent holders and technologies from Fortune 500 to independent inventors. Marathon provides clients advice and services that enable them to realize financial and strategic return on their IP rights. Marathon serves clients through two complementary business units: the IP Research & Services Center, which helps to identify and manage patents, and the IP Licensing and Enforcement Group, which acquires IP assets, partners with patent holders, and monetizes patent portfolios through actively managed patent licensing campaigns. Marathon is based in Alexandria, Virginia. http://bit.ly/14lv1Cf

    About IPNav

    IPNav is the world's leading full-service patent monetization firm, helping forward-thinking corporations, universities, organizations, and individuals profit from innovation. IPNav's integrated, end-to-end solution turns idle IP assets into revenue streams. Using its proprietary Patent Monetization Platform, IPNav unlocks the value trapped in our clients' IP portfolios -- with timetables and objectives set by the client. Based in Dallas, IPNav has offices in Dublin, Paris, Shanghai, and Tel Aviv. http://www.ipnav.com

    Forward Looking Statements

    Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation those set forth in the Company's filings with the Securities and Exchange Commission (the "SEC"), not limited to Risk Factors relating to its patent business contained therein. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.

    Contact Information
    Marathon Patent Group
    Investor Relations
    678-570-6791

    IP Communications
    Brody Berman Associates
    212-683-8125
    Apr 24, 2013. 08:53 AM | 1 Like Like |Link to Comment
  • Google Claims To Have Defeated Vringo Search Patents [View article]
    Might look into what's termed as "Doctrine of Equivalents"

    The doctrine of equivalents is a legal rule in most of the world's patent systems that allows a court to hold a party liable for patent infringement even though the infringing device or process does not fall within the literal scope of a patent claim, but nevertheless is equivalent to the claimed invention. U.S. judge Learned Hand has described its purpose as being "to temper unsparing logic and prevent an infringer from stealing the benefit of the invention". Royal Typewriter Co. v. Remington Rand, Inc., 168 F.2d 691, 692 (2d Cir. 1948).

    The goal of the doctrine of equivalents is to provide patent owners with fair protection for their patents. Historically, courts took a literal approach to patent interpretation, based on established principles of legal interpretation. However, by the 18th and 19th centuries, this had come to be seen as unduly limiting on the scope of protection afforded a patent-holder, especially as patent applicants are often required to describe new technology for which an adequate vocabulary has not yet been developed. In response to this, the English courts developed a so-called 'pith and marrow' approach, which tried to distinguish between the essential and non-essential features of a patent claim when deciding infringement cases. At the same time, courts in other countries, notably the United States, developed slightly different approaches to claim interpretation, of which the 'doctrine of equivalents' is perhaps the most famous. The equivalents doctrine takes a more holistic approach when comparing the patented invention with an alleged infringing device than did the 'pith and marrow' approach.
    Apr 17, 2013. 02:22 AM | 1 Like Like |Link to Comment
  • Correlation: A New Strategy Is Emerging In Patent Plays [View article]
    Hey guys, check out the suit Marathon just filed "MARA". Just showed up on Pacer.


    Marathon's subsidiary Sampo LLC. filed a patent infringement lawsuit in the United States District Court for the Eastern District of Texas against Sony Computer Entertainment America LLC, Siemens Energy, Inc., CB Apex Realtors, d/b/a Coldwell Banker Apex Realtors, Blue Cross and Blue Shield Association, Juniper Networks, Inc., Winn Dixie Stores, Inc., and Dell, Inc. (the "Defendants”).
    Mar 21, 2013. 02:26 PM | Likes Like |Link to Comment
  • Correlation: A New Strategy Is Emerging In Patent Plays [View article]
    Keep eye on Marathon Patent Group "MARA". Hudson Bay owns almost an 8% position in it along with another founding investor in Vringo. Erick Spangenberg and IP NAV are involved
    Mar 18, 2013. 08:44 AM | Likes Like |Link to Comment
  • Why Are Shorts Increasing Their Positions In These 3 Patent Plays? [View article]
    You all might want to put Marathon Patent Group "MARA" on your list of patent plays to watch. Here's a recent piece on them.

    Marathon Patent Group Leveling The IP Playing Field. 0 comments

    Mar 7, 2013 8:26 AM | about stocks: ACTG, VHC, VRNG
    Investors can learn a lot from the past. Some might remember a company called Acacia Resources (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 (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 (VHC) and Vringo (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.
    Mar 9, 2013. 11:42 AM | Likes Like |Link to Comment
  • The Future Is CLIR: Why The Shorts Are Wrong About ClearSign Combustion [View article]
    What an incredibly well done article. It's nice to see an author actually do their homework prior to publishing an article versus publishing innacurate innuendo. I find one point of particular interest, that Mr. Berry wasn't willing to meet or discuss anything with the company itself when invited to. This shows a blatant and willfull lack of interest in the truth. One can only logically assume Mr. Berry had no interest in doing so because a truthfull representation of the facts was not his goal. Rather one could assume his intent was only the willfull attempt to manipulate a public security for personal gain. Something he appears to have been successfull at accomplishing.

    I don't know if you saw but Mr. Berry also resorted to posting all sorts of comments on Yahoo message boards as well. He made quite the concerted effort. He has mysteriously vanished and said nothing in a month which calls into question whether he has now covered his short or if he has himself realized that he crossed the line in his efforts. If I were the company, I would be pursuing him for blatant defamation per se demanding a full retraction of his articles.

    Thanks for taking the time to get the facts out as to preempt further harm to CLIR shareholders at the hands of people like Mr. Berry. It's just a shame that some people will put their own financial gain over truth and integrity, harming many for the benefit of only themselves.
    Nov 11, 2012. 10:23 AM | 6 Likes Like |Link to Comment
  • Clearsign: A Potential World Changer Of A Stock [View article]
    Matt,

    I appreciate your response, however I must have missed your disclosure regarding your own scientific credentials which makes you more well versed on the subject matter than the experts involved in the company and listed below. Do you yourself have any educational background in the science of combustion?

    CTO Joe Colannino was formerly the head of global R&D at John Zink Company, LLC, a wholly owned subsidiary of Koch Industries and a worldwide leader in the supply of combustion and air pollution control equipment to the energy industry. There, his responsibilities included management of intellectual property, oversight of John Zink's testing facility and of the John Zink Institute, which trains more than 1,000 students per year in various aspects of combustion. Joe has more than 25 years experience in the combustion industry and has authored or contributed to several books including Industrial Combustion Testing, The Air Pollution Control Guide, The John Zink Combustion Handbook and Modeling of Combustion Systems - A Practical Approach. He is a registered professional engineer and has written and reviewed problems appearing on the NCEES professional engineering exam, given in all 50 states for professional engineering licensure. Joe's areas of expertise include R&D management, combustion, pollutant formation and control, and statistical experimental design. Past and present memberships include the American Institute of Chemical Engineers, the American Chemical Society, the Air and Waste Management Association, the American Statistical Association and the National Association of Professional Engineers. He authored the book: Modeling of Combustion Systems: A Practical Approach.

    Additionally, the former CEO of John Zink (Steven Pirnat) is also sits on the company's board.

    Team of advisors includes three University of Washington professors who touch on all of the surrounding disciplines: Bob Breidenthal - Fluid Dynamics; Uri Shumlak - Plasma Physics and Computational Modeling; and John Kramlich - Combustion. In addition, Tom Hartwick is a highly respected technologist who was a senior technical manager at TRW and has maintained top secret security clearance for years. He has advised more than 300 development stage technology companies, many of them as Chair of an advisory committee to the Ballistic Missile Defense Agency's National Tech Transfer Center initiative. He also chaired the Defense Department's advisory committee on Electron Devices as well as the advisory committees to the National Research Council and others.
    Oct 5, 2012. 01:27 PM | Likes Like |Link to Comment
  • Clearsign: A Potential World Changer Of A Stock [View article]
    From Forbes:

    An Inside Look Into Spotting and Nurturing Potentially Super Stock Achievers

    It takes a team — not necessarily a village — of insightful, experienced, and daring investment pros to come up with not just stock winners but great super-stock achievers. Medivaton (MDVN) is a shining example of one, whose stock has rocketed from 70 cents a share when it started trading on Sept. 2, 2002, to a high of $96 on July 2, 2012 – yes $96 a share.

    Now trading at $94, some close followers of the stock expect Medivation will go even higher, to at least $129 in 12 months. Certainly there are several other super achievers, such as Apple (AAPL) and Google (GOOG) in the world of technology. Part of the wonder about Medivation, however, is that it’s a biopharmaceutical company that started out as an unknown and tiny biotech hopeful. There were other biotechs, too, (although not many) that has zoomed to stardom, such as Amgen (AMGN).

    How do you spot, early on, an Apple or Medivation?

    Plenty of investment aces on Wall Street could tell you or reveal how they do it, which usually entails a lot of not only savvy, prescience of mind, and experience, but equally important, of patience, patience, patience.

    One of those insightful pros, who isn’t yet known as a star stock picker, is Christopher A. Marlett, a founding partner of MDB Capital Group, which focuses on finding growth-oriented young companies that need assist in financing their operations, developing their products, and preparing them to go public.

    Marlett’s clients ran the gamut, from biotechs to computer-related tech companies. Before forming MDB, Marlett was managing director at Laidlaw Equities, where he focused on helping finance small capitalization companies. With an experience of more than 20 years in investment banking, Marlett, who holds a Bachelor of Science degree in Business Administration from the University of Southern California, has become astute in analyzing upstarts and ambitious young companies.

    MDB says it has a crew of talented staff with the unique perspective of recognizing a valuable ideas and creating strategies to unlock their value. Since its inception more than 20 years ago, MDB has taken a number of companies from conception valued at almost zero to a market value of $1 billion or more. “We look for unique platform technologies where we think the company we are forming or funding can be the dominant player in a particular space,” says Marlett. “Then we put together a great team and business strategy around the technology,” he says.

    One of such company with a tremendous promising technology platform was Medivation. The company’s chairman, Steve Gorlin, approached us in 2002 for help, recalls Marlett.. “One important factor in forming a company is getting an experienced and bright CEO, which we found in the company’s chief, David Huang,” says Marlett. He has had success in the life-science industry but not in running a public company. But he had what we like any CEO to have – a “productive narcissism,” which simply translates to “absolute determination in the face of all naysayers and great odds,” says Marlett. “Steve Jobs, Oprah Winfrey, Bill Gates, and Martha Stewart all have such a trait,” he notes.

    MDB decided to fund Medivation for two reasons: It was developing the first drug that had the potential of becoming a big platform-drug with many applications, including a treatment for Alzheimer’s disease, and secondly, it had a CEO with the “brilliant and unwavering determination of Dr. Huang to succeed,” says Marlett.

    MDB raised the first $14 million to assist the company’s operations, helped assemble the board of directors, and set the initial strategy that helped complete the required financing. Once the company was launched according to plan, MDB helped it go public in 2002. That sent the stock running off — and up to where it is today.

    Medivation is currently focused on developing small molecule drugs for treating “castration-resistant prostate cancer (CRPC)” and Alzheimer disease. Its two chief products are MDV3100, which is in phase 3 clinical studies for CRPC, and Dimebon, also in phase 3 trials for the treatment of Alzheimer and Huntington diseases.

    Part of the reason behind the stock’s sharp ascent is its collaboration agreements with Pfizer to develop and commercialize Dimebon, and with Astellas Pharma, of Japan, to help produce and market MDV3100.

    Another stock that Marlett and MDB helped and invested in during its formative years was VirnetX (VHC), which develops software solutions for securing real-time communications over the Internet, whose stock was another super achiever. Shares of the company, which provides security platform for Web-based applications, has skyrocketed from just 18 cents a share in August 2003, to a high of $40 on July 9, 2012. Now at $36, Marlett expects the stock to post new highs within a year.

    The latest stock pick that MDB Capital has invested in is ClearSign Combustion (CLIR), an unusual startup enterprise that develops technologies that enhance the energy efficiency and emissions-control characteristics of combustion systems. Why is the technology, which the company calls Electrodynamic Combustion Control, gaining adherents? The technology introduces a computer-controlled electric field into the combustion zone to enhance control of flame shape and heat transfer, explains its CEO Rick Rutowski.

    Shares of ClearSign, which provides its tech platform to industrial and commercial combustion systems, such as electrical power generation and petroleum refining, is trading at $5.65 a share, up from its low of $4.20 on Apr. 25,2012. Having traded as high as $9 a share in May 2012, chances are it could hit that level again over the next 12 months, according to some investors.

    “We find a number of reasons to be optimistic about the prospects of ClearSign as it presents a clear value proposition to a large and growing market,” says Marlett. He notes that utilities and industrial companies will spend more than $50 billion on air pollution control systems, most of which will be allocated for remediating combustion-related pollution projects.

    “ClearSign’s electrostatic flame-shaping technology is superior to these remediation solutions as it inhibits the creation of pollution at the source, and also provides additional benefits in the form of improved combustion efficiency,” says Marlett.

    Another big positive is ClearSign’s CEO Rick Rutowski, formerly chief at MicroVision (MVIS), in which MDB also invested in when it went public in 2002. Rutowski is also endowed with that “productive narcissist” personality and fits the profile that MDB Capital wants to see in a chief executive. “What’s unusual was we were at first more interested in Rick than we were in the technology until we dug some more in the technology,” says Marlett. “Great CEOs afre hard to find, and Rutowski is a great find,” he adds.

    MDB invested $3 million in ClearSign last year and then helped it go public in April 2012, at $4 a share. One major reason MDB Capital is hot on the yet unknown and still-tiny ClearSign: “We think it has the potential to be as big or bigger than Medivation or VirnetX because its technology platform effectively addresses a market that is probably 20 times larger than those of Medivation or VirnetX,” says Marlett.

    The technology is so “game changing that the margins could equal pharmaceutical or software margins,” he adds. “We expect the combustion industry will soon be lining up to partner with ClearSign and its valuation will be on its way to a multi-billion dollar level,” says Marlett.
    Oct 5, 2012. 12:53 PM | 1 Like Like |Link to Comment
  • Clearsign: A Potential World Changer Of A Stock [View article]
    So let me get this straight Matt, is it your position that you know more than the following people involved in the company? You are right and all of them are wrong? Can you kidly post your educationa and background so we may compare it to those below.

    Proven, Capable Management: CEO Richard Rutkowski, brings a track record of success from previous startups, MicroVision and Lumera. Rick has acquired substantial expertise in electronic displays, information visualization and visual interface design, mobile computing, MEMS technology and optical MEMS technology, nano-materials and electro-optic materials technology, electro-optical component and systems technology and communications network protocols. Rick has served several times as an invited member of National Technology Transfer Center's Advisory Panel. He has frequently been featured as a speaker or panelist at technology and business conferences, and has appeared on local and national television numerous times. He was honored as a Technology Pioneer at the World Economic Forum in 2002 and has been acknowledged by the University of Washington for his support of the University's research efforts.

    CTO Joe Colannino was formerly the head of global R&D at John Zink Company, LLC, a wholly owned subsidiary of Koch Industries and a worldwide leader in the supply of combustion and air pollution control equipment to the energy industry. There, his responsibilities included management of intellectual property, oversight of John Zink's testing facility and of the John Zink Institute, which trains more than 1,000 students per year in various aspects of combustion. Joe has more than 25 years experience in the combustion industry and has authored or contributed to several books including Industrial Combustion Testing, The Air Pollution Control Guide, The John Zink Combustion Handbook and Modeling of Combustion Systems - A Practical Approach. He is a registered professional engineer and has written and reviewed problems appearing on the NCEES professional engineering exam, given in all 50 states for professional engineering licensure. Joe's areas of expertise include R&D management, combustion, pollutant formation and control, and statistical experimental design. Past and present memberships include the American Institute of Chemical Engineers, the American Chemical Society, the Air and Waste Management Association, the American Statistical Association and the National Association of Professional Engineers. He authored the book: Modeling of Combustion Systems: A Practical Approach.

    Additionally, the former CEO of John Zink (Steven Pirnat) is also sits on the company's board.

    Team of advisors includes three University of Washington professors who touch on all of the surrounding disciplines: Bob Breidenthal - Fluid Dynamics; Uri Shumlak - Plasma Physics and Computational Modeling; and John Kramlich - Combustion. In addition, Tom Hartwick is a highly respected technologist who was a senior technical manager at TRW and has maintained top secret security clearance for years. He has advised more than 300 development stage technology companies, many of them as Chair of an advisory committee to the Ballistic Missile Defense Agency's National Tech Transfer Center initiative. He also chaired the Defense Department's advisory committee on Electron Devices as well as the advisory committees to the National Research Council and others.
    Oct 5, 2012. 12:49 PM | Likes Like |Link to Comment
  • Ride The Coming Tsunami In Mobile Advertising With Velti [View article]
    How do you address the issue of some suggesting Velti relies on the distribution of pornography for some of their international revenues? Is it true they are having problems with certain receivables not being collected as people who ordered this SMS pornography are failing to pay?

    How do address the many comments from employees complaining about management and the quality of service they offer to customers? What about them supposedly just losing some Ford business to Augme along with numerous salespeople?

    Have you actually spoken to any of the company's customers and compared their platform to what else it out there? I think you might like to hear some of the feedback. It's less than flattering from what I'm told. Many in the space say their offering is lackluster at best and inferior to others, only a hodge podge of acquired technologies that fall far short of the competition. They go on to say customer service is awful providing little to no accountability here in the US considering their customer service is in Greece.

    You would seem to learn a great deal from the comments of this company's employees. There is a resounding theme echoed by those with the company itself. Could this apparent toxic culture and poor leadership explain the stocks precipitous fall?

    What happens if they do by chance lose the infringement suit by Augme? Velti doesn't even own any meaningful IP that gives them any barrier to entry in the US as far as I know. Can they afford to shut down the entire US operation if they do lose? Seems like a pretty substantial risk, especially when Augme has gone toe to toe with companies much stronger than Velti and gone blow for blow. Yahoo or AOL settle with Augme and Velti could be in big trouble.

    Back to the most possibly telling issue, all you have to do is ask one of the handful of employees now working for others the space who used to work at Velti. There sure appears to be a consistent theme which closely echoes much of the sentiment that may be found online in the form of current and past Velti employee comments. I've provided you multiple links as to illustrate this is not merely an isolated opinion.

    For instance:

    “company well positioned with autocratic management and toxic culture. If you have the choice don't work for them!”

    Current Senior Executive– Oct 28, 2011


    Pros – good office location
    international presence
    mobad has great potential as a business
    good networking opportunity with people from brands, agencies, mobile carriers and media
    good experience for your resume

    Cons – - lack of leadership at all management levels who exercise excessive aggression in their dealings with subordinates.
    - incompetent, and in many cases unethical, management in the way they treat their employees.
    - high employee turnover at all Velti offices as a result of bad mgmt practices: aggressive and bullying behavior, employee intimidation, company politics to list a few of them.
    - HR as a function at Velti is totally inefficient to establish ethical standards with strong values and respect for the individuals and intervene to inhibit unethical practices
    - Management are consistently misleading internal and external stakeholders about company results and direction.
    - opportunistic biz dev and sales approach leads to ambiguous results, customer frustration and increased overhead costs. All of them, increase tension and friction among the various parts of the organization which results in lack of trust and respect among employees.
    - lack of real communication between senior management and employees. At best, it's one way communication, top-down.
    - Inefficient short and long term incentives for employees at all levels. It's very unclear from the management (that's a polite statement) what individuals and teams need to do to get their bonuses As a result, hard negotiations will follow at year end from which an employee may only lose.

    Advice to Senior Management – The company needs immediate radical transformation that will take a lot of time and effort if they are to succeed in this business. The current management are not up to the job and "someone" has to intervene to put the company back on track before it's too late. Till then it's a hopelessness situation, I'm afraid.

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    Jul 14, 2012. 01:48 PM | Likes Like |Link to Comment
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