Marathon Digital Holdings Inc (MARA)

[hispeedsoul]

Highlights from webcast:

-Pre-acquisition diligence intense – Studying validity – high success rate at PTAB
-6 portfolios – net positive return thus far
-average $0.9 million per quarter in operating expense
-Contingency model - tiered model and hybrid model
-50% profit margin
-Expanding suits overseas
-Announce Q4 and Full year the week of March 23rd. Taken some time due to low staff (have low staff to keep costs low)
-2014 had 2 markman hearings and significant revenue. 2015 – 11 markman hearings & 4 trials – Extremely bullish for 2015. Also, company bringing more assets on board soon for 2015.
-Dynamic Advances trial expected between June and October.
-Stryker injunction still in effect for patent ‘260 and company and court believes patent will remain valid. Validity trial June 16th.
-3 things you can do with a patent asset – monetization, commercialization, and analysis. “Commercialization is something we don’t do right now”.
-Reasons we are successful at PTAB is because we have strategic partnerships with attorneys that are normally successful at PTAB.
-“We have some exciting news regarding Opus that we hope to release soon”
-Fortress investment – 3 things – Creates confidence in the business model, shows defendants we are not going anywhere and have plenty of cash, and we have a lot of assets we are looking at and want to have cash available so there is no need to dilute shareholders.
-Doug mentioned the downgrade mishap created by Thomas Reuters.