PTOP Signs Patent Brokerage Agreement, Launching New Push to Unlock Portfolio Value
Peer To Peer Network signed an IP brokerage agreement with Oculon, LLC to market its digital business card patent portfolio, including U.S. Patent Nos. 10,270,880 and 10,616,368 covering MOBICARD-related technology. Management says it would most likely not accept a sale price below $35 million, a negotiating position rather than an independent valuation or existing offer.
Key figures
- Funder proceeds allocation
- 40%-45%
- Management damages estimate
- $300 million
- Legal fee reduction discussed
- 50%
- Minimum acceptable sale price
- $35 million
AI analysis
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