HPTO 53 patents grant in 2017, 120 more patents to be issued soon.
As a result of ipCapital’s work under the engagement agreement, as amended, as of August 14, 2017, 173 new patent applications have been filed. Of these 173 applications, 53 patents have been granted by the United States Patent and Trademark Office (“USPTO”). Due to financial constraints on our operations, we have suspended patent prosecution activity other than to pay issuance fees for patents already approved by USPTO. As of August 14, 2017 there is 1 patent application that remain pending with the USPTO. We do not expect to file more applications in 2017.
