Hudson Bay is suing Worlds to force the patent monetizer to slash the price of warrants

Hudson Bay IP Opportunities Fund, managed by Yoav Roth, is locked in a bitter dispute over the conversion of warrants issued by Worlds Inc. in three private placements of convertible debt that the patent monetization company considers “death-spiral” financing. Brookline, Mass.-based Worlds is a technology-based company with a portfolio of patents for multi-user interactive technology. [...]

By | October 17th, 2014|Patent Investing|Comments Off on Hudson Bay is suing Worlds to force the patent monetizer to slash the price of warrants

Marathon CEO Croxall aims to acquire assets that produce revenue in near term

Marathon Patent Group CEO Doug Croxall has so far done what few rival CEOs of publicly trade patent monetization companies have been able to do: raise money without significantly diluting his investors and using it to acquire patents he can turn into revenue. While other patent monetizers have diluted shareholders with various rounds of convertible [...]

By | October 16th, 2014|Patent Investing|Comments Off on Marathon CEO Croxall aims to acquire assets that produce revenue in near term

First Ever IP Dealmakers Forum To be Held in New York November 6-7

The first ever 2014 IP Dealmakers Forum will be held on Thursday and Friday, November 6-7 in New York, hosted by The IP Investment Institute. The forum features a keynote address by Jay Walker, executive chairman of Patent Properties Inc., a publicly traded company that monetizes patents developed by Walker Digital. Walker Digital is Jay [...]

By | October 10th, 2014|Patent Investing|Comments Off on First Ever IP Dealmakers Forum To be Held in New York November 6-7

WiLAN CEO needs an infringement victory, licensing deal to replenish shrinking backlog

WiLAN Inc. CEO Jim Skippen can’t afford to lose many more infringement actions after the patent assertion company’s second loss to Apple Inc. in a year on October 1 in U.S. District Court in the Southern District of California. Shares of Ottawa-based WiLAN fell 39 Canadian cents or 11% to C$3.54 in Toronto Stock Exchange [...]

By | October 7th, 2014|Patent Investing|Comments Off on WiLAN CEO needs an infringement victory, licensing deal to replenish shrinking backlog

Inventergy Global gets $11M in debt and equity financing from Fortress

Inventergy Global Inc., the intellectual property investment and licensing company run by CEO Joseph Beyers, said it obtained $11 million in financing from Fortress Investment Group. The Campbell, Calif.-based company said the financing included $10 million in debt financing from Fortress and $1 million from sale of restricted common stock at $2.00 per share. The [...]

By | October 2nd, 2014|Patent Investing|Comments Off on Inventergy Global gets $11M in debt and equity financing from Fortress