Eric Weisblum, CEO and a director at Point Capital Inc., a business development company that invests in small U.S. companies, was named to the board of Spherix Inc. (SPEX), the patent licensing company run by CEO Anthony Hayes.
Bethesda, Maryland based Spherix said that over a nearly 20 year career, Weisblum has invested in more than 100 public companies and structured and traded a wide array of financial instruments.
Weisblum is joining the board of Spherix as it continues to depend on Dean Becker's Equitable IP Holding Corp. to bring enforcement actions against infringers on Spherix behalf. Equitable has brought 10 enforcement actions against companies with a combined market capitalization of about $48 billion. The alleged infringers include Frontier Communications, Cincinnati Bell, Echostar, ATN International, Sprint, ViaSat, Fortinet, GTT Communications and Dragonwave. Spherix said more enforcement actions are planned.
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