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Re: dolphinsmike post# 4847

Wednesday, 05/13/2015 5:30:09 PM

Wednesday, May 13, 2015 5:30:09 PM

Post# of 14789
Good question. Perhaps the potential deal/opportunity that the money was slotted for simply hasn't closed in time. Perhaps something happened at the last minute to delay it. Without being on the inside, all we can do is speculate. For my money, I trust Doug in what he decides and the actions MARA takes. He hasn't really faltered yet, has been executing since day one, and my initial investments in MARA are up multiples of the capital outlay.

What I do know about this patent business is that you can never have enough liquid cash on the books. When it comes to negotiating, and sitting down at the table to discuss deals with your adversaries/potential customers, there is no bigger strategic advantage than being flush with cash. Period. So while I never get excited about financing deals - especially since the market can react negatively over time - I do sleep well knowing MARA can speak softly and carry a big stick when approaching companies that intersect its patent portfolio(s).

<< my question is why put 15 mill on the books when you already had 50 at disposal. no? >>

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