On October 27, 2015, the Company acquired 100% of the membership interest ChanBond, LLC (ChanBond) (see Note 18), a portfolio of patents that disclose a technology that allows cable companies to provide high-speed data transmission over their existing hybrid-fiber coaxial networks.
ChanBond contends that virtually every cable multi-system operator (MSO) in the U.S. utilizing DOCSIS 3.0+ is infringing upon its patents, accordingly on September 21, 2015 ChanBond filed lawsuits in U.S. District Court in Delaware against the 13 largest cable MSOs in the country .[/b] https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11200129
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