Replies to post #4821 on Marathon Digital Holdings Inc (MARA)

[onewhoknows2much]

An analyst apparently issued the following yesterday.

"While evidence of MARA's strong business model emerged last year with 526% rev growth, the rubber really hits the road this year in our view. MARA had no revenue events with top 5 portfolios (meaning 8-figure potential) last year. We see at least three potential such events this year. The first one is in June, with a US trial related to tire pressure technology patents. MARA has already won an infringement ruling in Germany related to the patent."

"2Q event. The first big potential revenue generator is in June. A US trial starts June 1; MARA represents the plaintiff against the largest tire pressure monitoring company in the world. MARA has already won an infringement ruling in Germany related to the same patents. Trials last about two weeks; hence, a verdict should occur this quarter.

3Q event. There is a nullity hearing in the Stryker case June 18 in Germany. In this hearing, the judge will determine if this patent is valid. Typically, in Germany the judge gives a preliminary ruling before the hearing, usually 10-15 pages describing his initial position. In this case, the judge provided a 45-page dissertation with all arguments in MARA's favor. If the patent is found valid, there will be a damages hearing in 3Q, where MARA's award is determined. Settlements can always occur as well around these events.

3Q/4Q event. In MARA's case against Apple related to natural language processing (Siri), there are summary motions June 24 and the court will set a trial date shortly thereafter. Hence, a trial could occur in 3Q or 4Q. This case is in NY, which is a better venue than California. The inventor is in NY. Eight requests for IPRs by Apple were denied. Apple has changed its lawyers three times in the case, and Apple was sanctioned because its expert witness didn't prepare the expert witness report. If successful, the patents relate to many other entities in mobile devices, cars, TVs, etc...

MARA has a number of smaller opportunities that can produce solid, profitable results on a quarterly basis, but the three above hold material potential this year. MARA reports 1Q on May 14. We expect a solid qtr."