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Marathon Patent Group, Inc. Message Board

  • investora2z investora2z Oct 23, 2013 9:25 AM Flag

    Analysts expect the company to be profitable soon

    The company announced the acquisition of four U.S. Patents relating to process automation in production and enterprise resource planning (ERP). The patents address the ability to enhance ERP and production planning processes through the introduction of adaptive learning processes. Marathon or its subsidiaries have acquired other patents recently, and the acquisition brings the total number of patent portfolios to seven. The other notable patent portfolios, are Sampo, CyberFone, Relay and Bismarck, out of which the first three are already generating settlement revenue. Marathon is working with its partner IP Navigation to monetize the Bismarck portfolio. The CEO stated in the press release that the company will continue to focus on building a diversified portfolio of compelling patent assets. Analyst Greg Miller had expressed positive sentiments about the stock in an article on seekingalpha recently. He expects the company to turn profitable very soon. The $1.5 million revenue earned by the company in Q2'13 indicates that the patents are generating cash, and more revenue can be expected in future quarters from settlements made by the company recently. However, the magnitude of the inflow has not been disclosed yet. The company has sufficient cash for now, and the revenue is expected to strengthen the position due to the low cash burn rate. The low float makes it easier for the price to appreciate, but it has its disadvantages as well due to increased volatility. However, if the performance is good, then the upward moves will be easier. Greg had stated that he expects a 50% appreciation in the stock by 2014. The stock is currently trading close the price of $5.20 where institutional investors had put in their money. So there is a possibility of support, and the chances of a rebound are high. Even other analysts are expecting the company to report a profit in the next earnings release. That could be an important positive trigger for the stock.

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