Marathon Digital Holdings Inc (MARA): Terms of the agreement are confidential....

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onewhoknows2much

Re: cgraut post# 4910

Friday, 05/15/2015 1:17:28 PM

Friday, May 15, 2015 1:17:28 PM

Terms of the agreement are confidential. I would defer to Flyers who appeared to be working on an update as indicated earlier.

Having said that, here is a comment from Mike Latimore of Northland this am which is insightful.

"MARA management mentioned that the company has used Fortress financing to acquire the rights to a patent, which relates to tire pressure monitoring technology. Schrader is the defendant. Schrader has 45% share of the $1.4 bil market we believe. MARA and the plaintiff (US tire maker) have worked together to date, having won an infringement hearing in Germany. MARA and the plaintiff have a trial date in the US for June 1; hence, a verdict is likely in 2Q. We view this as a top five portfolio for MARA, meaning having 8-figure potential. MARA also had a successful Markman ruling heading into trial."