Marathon's CEO Comments on Patent Reform Being Removed From Senate Consideration and Will Present at the LD Micro InvitationalShare this:
ALEXANDRIA, VA -- (Marketwired) -- 05/28/14 -- Marathon Patent Group, Inc. (OTCQB: MARA) ("Marathon"), a patent licensing company, announced today its CEO, Doug Croxall, will present at the 4th Annual LD MICRO Invitational being held at the Luxe Sunset, Los Angeles, on Wednesday, June 4th, 2014 at 1:00 pm PDT.
Mr. Croxall will present on Wednesday, June 4th at 1:00 pm PDT. In addition, Mr. Croxall will be having one-on-one meetings with institutional investors throughout the day. If you would like to schedule a one-on-one meeting, please contact LD Micro or Robert Prag, President of The Del Mar Consulting Group, Inc. at (858) 361-1786.
Separately, last Wednesday Senator Patrick Leahy, chair of the Senate Judiciary Committee, announced that "because there is not sufficient support behind any comprehensive (patent reform) deal, I am taking the patent bill off the Senate Judiciary Committee agenda." Senator Leahy's stated he pulled the bill over concerns that the House-passed bill "would have severe unintended consequences on legitimate patent holders."
Doug Croxall, CEO of Marathon, commented, "Over the past several years, the possibility of different versions of patent reform from multiple legislators have resulted in a great deal of uncertainty for our industry. The United States patent system is the best in the world and inventors deserve strong intellectual property laws to protect their inventions as afforded by the U.S Constitution. I applaud Senator Leahy for recognizing that an unbalanced approach will only undermine those participants that our patent laws are designed to protect."
About LD Micro:
LD MICRO is an investment newsletter firm that focuses on finding undervalued companies in the micro-cap space. Since 2002, the firm has published an annual list of recommended stocks, as well as comprehensive reports on select companies throughout the year. The firm also hosts the LD MICRO Micro-Cap Growth Conference for investors in December of each year. It is a non-registered investment advisor. For more information, please contact 408-457-1042 or visit www.ldmicro.com .
About Marathon Patent Group:
Marathon Patent Group, Inc. is a patent acquisition and monetization company. We acquire patents from a wide range of patent holders from individual inventors to Fortune 500 companies. Our strategy of acquiring patents that cover a wide-range of subject matter allows us to achieve diversity within our patent asset portfolio. We generate revenue with our diversified portfolio through actively managed concurrent patent rights enforcement campaigns. This approach is expected to result in a long-term, diversified revenue stream. To learn more about Marathon Patent Group, visit http://www.marathonpg.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.
Investor Relations Contacts:
The Del Mar Consulting Group, Inc.
Robert B. Prag
Alex Partners, LLC
Source: Marathon Patent Group
Released May 28, 2014Share this: