New York City-based Quest Patent Research (OTCQB: QPRC) is offering investors a unique opportunity to play a part in the intellectual property (“IP”) monetization space. A recent article discussing the company reads, “‘IP monetization poses significant risks. Not only do you have to prove infringement, but a defendant can raise up to 27 patent defenses, any one of which can be case dispositive if successful. Our assets have to survive quite a gauntlet. The success of the Mariner campaigns certainly demonstrates management’s ability to identify, acquire and monetize valuable intellectual property,’ Quest CEO Jon Scahill stated in a news release. ‘IP monetization is complex, costly and takes time to realize. We constantly evaluate ways to mitigate risk, reduce cost and accelerate the timing of our licensing efforts. Management has a clear vision for building long-term value centered around monetizing our existing portfolio as well as continuing to expand our portfolio of valuable IP. The objective is to replicate, many times over, the success shown by the Mariner campaigns.’ . . . The company has been extremely active in harvesting its existing portfolio of IP assets. Through the end of the third quarter, Quest has partially or fully resolved eight cases with an additional seven cases successfully stayed pending settlement.”
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About Quest Patent Research Corp.
Quest Patent Research operates as an intellectual-property, asset-management company delivering financial, strategic and legal resources for IP monetization. The company partners with inventors, businesses, corporations and law firms to fully realize the value of IP assets through its suite of value-added services. Quest currently owns, controls or manages more than 115 patents across 11 intellectual property portfolios. Quest trades on the OTCQB Venture Market for early-stage and developing U.S. and international companies. For more information, visit the company’s website at www.QPRC.com.
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