{"id":1395,"date":"2013-05-08T14:12:44","date_gmt":"2013-05-08T14:12:44","guid":{"rendered":"\/?p=1395"},"modified":"2013-05-08T14:12:50","modified_gmt":"2013-05-08T14:12:50","slug":"marathon-patent-group-inc-otcmktsmara-marks-record-activity","status":"publish","type":"post","link":"\/articles\/marathon-patent-group-inc-otcmktsmara-marks-record-activity\/","title":{"rendered":"Marathon Patent Group, Inc. (OTCMKTS:MARA) Marks Record Activity"},"content":{"rendered":"<p> It is a tradition for some penny stock companies to change identities each year. So far, Marathon Patent Group, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=MARA\">MARA<\/a>) is on its third incarnation, this time trying to take up the dynamic and lucrative business of patent lawsuits. On the OTC markets, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=MARA\">MARA<\/a> lists its activity as sanitary services, and until a few months ago it traded as American Strategic Minerals Corp. The new company is logging record volumes and prices, reaching 45 cents. The ticker added more than 40% in the past few days. <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/MARA0508.png\" border=\"0\" alt=\"MARA0508.png\" title=\"MARA0508.png\" width=\"400\" height=\"178\" \/> <\/p>\n<p>We have no recorded promotion for <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=MARA\">MARA<\/a>, but the ticker is mentioned in several press releases, adding to the investors&#8217; interest. A promotion may come in the following months, to popularize the new company.<\/p>\n<p><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=MARA\">MARA<\/a> recently released quarterly results, and let&#8217;s see if it is ready to take up the patent and patent lawsuit business:<\/p>\n<ul>\n<li>$2.3 million cash<\/li>\n<\/ul>\n<ul>\n<li>$87,822 total liabilities<\/li>\n<\/ul>\n<ul>\n<li>Zero revenues<\/li>\n<\/ul>\n<ul>\n<li>$6.9 million annual net loss<\/li>\n<\/ul>\n<p>So far, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=MARA\">MARA<\/a> shows an accumulation of losses, though not of too much debt. The company is capped at around $20 million, with 45 million shares outstanding.<\/p>\n<p>The patent business is a busy marketplace, with giant corporations protecting the most patents and smaller entrants trying to build a portfolio that could turn out valuable in the future. The competitive advantage of <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=MARA\">MARA<\/a> is that is searches for obscure patents, which sooner or later may be reinvented by a larger corporation. Then, the legal owner of the patent may sue for significant sums for patent infringement. But financial success depends partially on luck, and also on the ability of <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=MARA\">MARA<\/a> to lead a successful lawsuit.<\/p>\n<p>So any promises of free money streaming in for <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=MARA\">MARA<\/a> and supporting the stock are mostly overrated. Just like the promises to find gold and other metals were overrated for American Strategic Minerals. On the plus side, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=MARA\">MARA<\/a> is partners with leading patent licensing company IP Navigation.<\/p>\n<p>Still, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=MARA\">MARA<\/a> has marked zero revenues and is still to show a capability to perform as promised before it runs out of time and cash. At 45 cents, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=MARA\">MARA<\/a> may be a relatively accessible bet, but it is best to stay away from unknown penny stocks unless you can afford the sharp corrections that often follow a spike in price and volumes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It is a tradition for some penny stock companies to change identities each year. So far, Marathon Patent Group, Inc. (OTCMKTS:MARA) is on its third incarnation, this time trying to take up the dynamic&#46;&#46;&#46;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[668],"class_list":["post-1395","post","type-post","status-publish","format-standard","hentry","category-news","tag-mara"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/1395","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=1395"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/1395\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=1395"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=1395"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=1395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}