Apple Incorporation (NASDAQ: AAPL) is advancing with prosperous business expansion towards global geography from west to east and north to south of the globe. The company has been dealing with Intellectual property, which has been playing a vital role to lead the world economy. In last year, both intellectual property and patent became the headlines in worldwide due to industry growth followed by significant market penetration into international geography, contribution to invention of new patents, sales and competitive position due to increasing number of firms advancing with intellectual assets, lawsuits, etc. AAPL is among the stocks which has immense possibility to in the upcoming days and with the offering competitive reward to the investors in long run. Business with Intellectual property has created a worthwhile line of business now a day, a stable stream of revenue. Its successful expansionary presence has made the company unique of its kind. With the high quality of product and strong brand image, APPL is market leader. With a 44.58% growth in turnover in 2012, the company is among the super performers. The company has been continuing its operational efficiency with utmost business success. However, the industry participants have both opportunities as well as challenges to due to a little bit competition in the market. Apple’s financial health is based on its strong fundamentals, good corporate image, product branding, outstanding business and operational efficiencies, new market penetration, etc. However, it has competitive environment where market players are Google, AOL, HP, Microsoft, etc. Also, there are some followers like MGT Capital Investment (MGT), Marathon Patent Group, Inc. (MARA), SPEX, those are also preparing to create pressure in market targeting some specific areas, specific customers. Their target customers are small to medium companies, earning groups, etc.
Virngo Inc. (VRNG) is in surprising uptrend in the last few days; it closed at $3.17 on 28 March, 2013. If we consider the last fifty two weeks (fifty two weeks price range of $1.61-$5.73). We find that the price is well above the lowest price as well as average price, though it is below the yearly high price. However, the upward price trend is perhaps going to touch the yearly high price!! I think the above price trend is due satisfactory business arrangement by the company. We know that VRNG, along with its subsidiary companies, are engaged in the innovation, development and monetization of mobile technologies as well as intellectual property. Meanwhile, the company has built reputation in the investors’ community with its quality service offering to the customers. The company’s intellectual property consists of about 500 patents as well as patent applications cover telecom infrastructure, internet search besides mobile technologies. The company has been operating in an industry where the scope to flourish is sky limit. Intellectual property (IP) has been leading the world economy with intellectual services. In 2012, intellectual property as well as patent became the headlines in worldwide media due to industry growth followed by business expansion beyond national boundary, contribution to invention of new patents, sales and competitive position due to increasing number of firms advancing with intellectual assets, lawsuits, etc. The company engaged in IP services by adding new intellectual assets. The Company is steeping to make business in the competitive environment where market players are Google, Apple, AOL, Microsoft, etc. Also the peer companies MGT Capital Investment (MGT), Marathon Patent Group, Inc. (MARA), SPEX are also preparing to come to blows in the market.
According to Lawrence F. Shay, Executive Vice President, Intellectual Property, InterDigital (NASDAQ:IDCC), "we are excited to have someone of Don's caliber join InterDigital, given his substantial experience in all aspects of the licensing business with major technology players. The addition of Don is an important component in InterDigital's continuing efforts to pursue our licensing goals." IDCC, a well known research and development company, has recently employed Donald P. Dinella as Chief Licensing Officer. According to recent press release, Mr. Dinella, who also will serve as Chief Licensing Counsel, has most recently served as Chief IP Counsel & VP, IP Global Operations for Alcatel Lucent. Mr. Dinella has also held significant intellectual property positions at Lucent Technologies, Inc. and AT&T. Mr. Dinella will be responsible for the day to day licensing activities of the company's patent holding subsidiaries. Employing qualified as well as committed persons in the top position, especially in IP related company, carry good meaning and add more value. We know that IDCC has been designing and developing advanced technologies that enable and enhance wireless communications and capabilities. The company has been doing well in financial result and hopefully addend skill manpower will definitely add more figure in financial result. We know that the company has shown good growth in profit in 2012. It has generated revenues of $663.1 million in 2012, an increase of $361.4 million, or 120%, from 2011. The company is harmonizing itself to do business in the competitive situation where market players are Google, Apple, AOL, Microsoft, etc. Also the growing pees like Marathon Patent Group, Inc. (MARA), SPEX, MGT Capital Investment (MGT), are also arriving to play in the market. The change is in such a time when, the investors are enjoying the positive price hike of IDCC stock.
Although, the recent movement of Google Incorporation (NASDAQ:GOOG) is downtrend, if we follow the last 52 weeks, we find that the price is well above the lowest price as well as average price, though it is below the yearly high price. The issue is with a downtrend in stock price throughout the March 2013, Google Incorporation (NASDAQ:GOOG), #$%$ based world famous market leader has now became the talk of the table. Although the recent trade volume is in line with three months’ average trade volume, the matter of concern in the investors’ community is its recent declining trend of price. On March, 28 the price was 794.19 against fifty two weeks price range of $556.52-844.00. The company has still good fundamental as well as market support for business. Its core product is internet search engine, which is the most popular service across the globe. However, the company may face challenge to uphold its market share due to increasing competition which may causes to cautionary action by the investors. In the market, there are some big players like Apple, AOL, Microsoft, etc, which are taking market share with products and services specially by providing intellectual products. The industry participants have both opportunities as well as challenges to due to a little bit competition in the market. The other some small & medium companies are like SPEX, Capital Investment (MGT), Marathon Patent Group, Inc. (MARA), etc that is coming with prospects. They all are growing to capture regional as well as national market share by offering various type of products as well as services in the area of IP. However, as Google is very special one, very large one which are stepping in every corner in the glove to show business success and the recent price fall is a temporary price correction, which may turn up soon. I think the above price trend is a market correction due to profit taking by the investor.
Trade volume of ParkerVision, Inc (NASDAQ:PRKR) has increased in the last few days considerably, which exceed one million in last 10 days average. Fifty two weeks price range is $0.91-4.39. The recent price increasing trend is impressive which crossed $3.80 on March 28, 2013. The above was definitely a sharp reflection of company’s success to uphold its business ranking. PRKR has been leading the wireless sector in three main categories such as Research Intensity, Science Strength and Industry impact, as stated by the patent board which is affirmative for the company. PRKR is ranked first in three of the six category used by the patent Board to objectively analyze the influence of current patent portfolio maintained by wireless and telecom sector. The company has been improving its business position day by day. The above success was reflection of PRKR’s operational goal as set in inception. According to Jeffrey Parker, Chairman and CEO of ParkerVision, “we have continuously sought new ways to approach technological problems through innovation and the development of novel yet practical solutions. The significant influence of the technologies we have pioneered for wireless communication is evident in the patent portfolio that we have built and continue to maintain. We believe our technology is responsible for important breakthroughs in the way mobile devices are used, and we expect our continued innovations will result in ongoing expansion of our intellectual property portfolio." However, business is always competitive. There are some companies attracting interest of investors having likely impressive outcome from operating results as well as from legal points for patent issue. Particularly, MGT Capital Investment (MGT) and Marathon Patent Group (MARA) are advancing with prospects. PRFKR is expected to grow like peer companies.
Is there any probability to reach at the yearly high price of ACTG? We have to go inside the company by reviewing recent facts, before making prediction. I am speaking for Acacia Research Corporation (NASDAQ:ACTG). For the last two months the price of ACTG has shown major increase to make gainer to its investors. On January 30, 2013 the price was $24.77, which has increased to $30.67 on March 27. Fifty two weeks price range is $19.86-44.98. The average trade volume is also encouraging. In each and every day, there are new participants entering in to the market to have market share, which is challenging to the existing players. Being a good competitor of ACTG, say, Spherix Incorporated (SPEX) is also preparing to fly by finishing major restructuring, divesting, business acquiring, changing top management, making new business deal with multinational partners, etc. Yesterday, ACTG has announced that its subsidiary, Gametek LLC, has entered into a settlement and license agreement with 6waves LLC, 6waves Technologies, LLC, 6waves US, Inc., and Six Waves Inc. This agreement resolves patent litigation that was pending in the United States District Court for the Southern District of California. Acacia Research Corporation is engaged to acquire, develop, license and enforce patented technology. We know that the company along with its subsidiaries has been generating revenue from granting of intellectual property, as stated in its official website. As ongoing event, the company has been entering into contractual relations to generate revenue. Meanwhile, ACTG has completed agreement with Micron as well as Webtech Wireless Inc., which in effect is expected to impact on revenue. The above will bring the company to reach at business wining in long term, which may be reflected in stock price as well. I think ACTG will go up though some price correction is likely.
Google Incorporation (NASDAQ:GOOG), #$%$ based multinational giant as well as leader in technology aims to "organize the world's information and make it universally accessible and useful, “as stated in its corporate disclosure. The company has large story of success and long horizon of business presence across the glove. As estimated, “the company runs more than 1 million servers in data centers around the world and processes more than 1 billion search requests on a daily basis”. The company has been dealing with intellectual Property as part of its business tradition. Its core product is internet search engine, which is the most popular service across the globe. According to the analysis of United States Department of Commerce, “the direct and indirect employment in these industries is substantial: Direct employment in the subset of most IP-intensive industries identified in this report amounted to 27.1 million jobs in 2010, while indirect activities associated with these industries provided an additional 12.9 million jobs throughout the economy in 2010, for a total of 40.0 million jobs, or 27.7 percent of all jobs in the economy”. The industry participants have both opportunities as well as challenges to due to a little bit competition in the market. In this industry, there are some big players like Apple, AOL, Microsoft, etc, who are dealing with intellectual products. The followers are some small & medium companies like Marathon Patent Group, Inc. (MARA), SPEX, VRNG, VHC, etc. MARA is working to generate multiples revenue through active engagements with leading companies in the defense, industrial, and technology industries. The industry trend is very positive from the last few years and in 2013 the industry is expected to continue the same trend and to exceed its size $500 billion.
The business ParkerVision, Inc (NASDAQ:PRKR) aims to include licensing of intellectual property and/or the sale of integrated circuits based on technology for incorporation into wireless devices. It holds around 211 patents including US and foreign, which helps the company to do business. The company has been involved in designing, developing and selling proprietary radio frequency technologies and products for use in semiconductor circuits for wireless communication products. PRKR efforts to the joint development and marketing of wireless radio modules that incorporate our technologies as pointed out in company website. Business scope of such types of companies like this company has been growing always with incremental customers’ base. As business becoming more knowledge based, companies feel to make extra protection of their assets by using support from IP. Intellectual property and patent became important issue. The business houses engaged in IP services are making their portfolio size larger by adding new intellectual assets. The industry growth -followed by significant market penetration into international geography, contribution to invention of new patents, sales and competitive position due to increasing number of firms advancing with intellectual assets- is significant. The billion dollar industry has been enlarging day after day by supplying solutions of new problems from every corner worldwide. The industry participants have both opportunities as well as challenges to due to a little bit competition in the market. In this industry, there are some big players like Apple, Google, AOL, Microsoft, etc, who are dealing with intellectual products. The list of followers includes some small & medium companies like Marathon Patent Group, Inc. (MARA), SPEX, VRNG, VHC, etc. MARA helps patent owners realize the monetary and strategic value of their inventions with good business scope with IP services as well as licensing and enforcement.
Acacia Research Corporation (Nasdaq:ACTG) engaged to acquire, develop, license and enforce patented technology. The company along with its subsidiaries has been generating revenue from granting of intellectual property, as stated in its official website. According to ACTG, “our operating subsidiaries assist patent owners with the prosecution and development of their patent portfolios, the protection of their patented inventions from unauthorized use, the generation of licensing revenue from users of their patented technologies and, if necessary, with the enforcement against unauthorized users of their patented technologies”. The company has been entering into contractual relations to generate revenue. Recently, the company has completed agreement with Micron as well as Webtech Wireless Inc., which in effect is expected to impact on revenue of this company. The company is getting more comfort from its operational environment, market as well as industry. Business scope of IP related companies like ACTG has been growing always. As business becoming more knowledge based, companies feel to make extra protection of their assets by using support from IP. Intellectual property and patent became important issue. The business houses engaged in IP services are making their portfolio size larger by adding new intellectual assets. Thus, Intellectuals forecasts a bright future of this industry in their board room discussions. The industry trend is very positive from the last few years and in 2013 the industry is expected to continue the same trend. The industry participants have both opportunities as well as challenges to due to a little bit competition in the market. However, ACTG being the promising member of this industry may have to face challenges amid industry growth from both big competitors like Apple, Google, AOL, Microsoft, etc, and small & medium competitors like Marathon Patent Group, Inc. (MARA), SPEX, VRNG etc. MARA may be good one.
Apple Incorporation (NASDAQ: AAPL) is advancing with prosperous business expansion towards global geography from west to east and north to south of the globe. Its successful expansionary presence has made the company unique of its kind. AAPL has strong position by offering quality goods and services to its customers. It has been working in an industry where the extent to grow is very encouraging. The company has offered products having attractive design as well as interface, which make business success. Intellectual property has been playing a vital role to lead the world economy with intellectuals. In last year, both intellectual property and patent became the headlines in worldwide due to industry growth followed by significant market penetration into international geography, contribution to invention of new patents, sales and competitive position due to increasing number of firms advancing with intellectual assets, lawsuits, etc. The billion dollar industry has been mounting day after day by ensuring solutions of new requirement raised from every corner in the world. The entities involved in IP services are enhancing their portfolio by adding new intellectual assets. Intellectuals are foreseeing bright future of this industry in their board room discussions. The industry trend is very positive from the last few years and in 2013 the industry is expected to continue the same trend. The industry participants have both opportunities as well as challenges to due to a little bit competition in the market. Besides the big participants such as Google, AOL, Microsoft, etc, there are some small competitors which are coming slowly to obtain place in the industry such as Marathon Patent Group, Inc. (MARA), etc. As the industry has been expanding, the small participant companies also can have room to flourish.
Virngo Inc. (VRNG) along with its subsidiary companies, are engaged in the innovation, development and monetization of mobile technologies as well as intellectual property. Meanwhile, the company has built reputation in the investors’ community with its quality service offering to the customers. The company’s intellectual property consists of about 500 patents as well as patent applications cover telecom infrastructure, internet search besides mobile technologies. The company has been operating in an industry where the scope to flourish is sky limit. Intellectual property (IP) has been leading the world economy with intellectual services. In 2012, intellectual property as well as patent became the headlines in worldwide media due to industry growth followed by business expansion beyond national boundary, contribution to invention of new patents, sales and competitive position due to increasing number of firms advancing with intellectual assets, lawsuits, etc. The billion dollar industry has been growing day after day bringing solutions of new requirement raised from every corner of the globe. The companies engaged in IP services are enriching their portfolio by adding new intellectual assets. Intellectuals are foreseeing good future of this industry in their board room discussions. Business with Intellectual property has created a worthwhile line of business now a day, a stable stream of revenue. The industry trend is very much positive in the last few years and in 2013 the industry is expected to continue the same shape. However, the industry participants have both opportunities as well as challenges to due to a little bit competition in the market. Besides the big participants such as Google, AOL, AAPL, etc, there are some small competitions; which are growing slowly with solid base. Being a peer company, Marathon Patent Group, Inc. (MARA) is a promising participant or competitor of VRNG. MARA has been increasing market share gradually like other peer companies
Bullfrog Gold Corporation (BFGC) has been operating in an industry where there is huge scope to gain from business though the company has to face challenge to meet large initial level operating expense. According to David Beling, CEO, Bullfrog Gold Corporation, “when you look at the economic situation, both domestically and globally, there is a strong demand for gold in China. Throughout the whole world, a lot of people have demands for gold for all sorts of reasons, not just for speculation, and so I think the future for gold is very bright. Furthermore, I think the future for silver is even brighter. Silver has a lot of industrial demand. They are consuming more silver than they are producing, so I think between those two precious metals, I think we are well-positioned to take things forward, and under the current economic climate globally, both of these commodities have very bright futures”. Again, according to World Gold Council, “in value terms, gold demand in 2012 was US$236.4bn – an all-time high. Gold demand in value terms for the final quarter of the year was 6% higher year-on-year at US$66.2bn, marking the highest ever Q4 total. Global gold demand in Q4 2012 was 1,195.9 tonnes(t), up 4% on the same quarter in 2011. In Q4 2012, the average gold price reached a record level of US$1,721.8/oz, up 1% on the previous record average price in Q3 2011. The average price during 2012 was US$1,669.0/oz, up 6% from US$1,571.5/oz in 2011.Central banks’ move from net sellers of gold, to net buyers that we have seen in recent years, has continued apace. The official sector purchases across the world are now at their highest level for almost half a century”. The above substantiate that if BFGC is able to ensure good harvesting, the company can have better days.
Bullfrog Gold Corporation (BFGC) has been completing developing stage activates and its overall mining progress is hopeful which is talked by David Beling, CEO, Bullfrog Gold Corporation. According to David Beling, “We want to finish this third drill program on Newsboy and then do an updated, what we call a block model resource estimate, and that should be completed certainly before the end of this year. We'll take all the information we have and use a computerized estimation procedure, as well as doing some initial mine planning aspects, which is what we want to do there because we have 235,000 ounces of historic resources on Newsboy, and we've put in well over 50 holes now. We want to consolidate that into a new estimate, so that's a key goal. There are some other metallurgical investigations we want to do on optimizing how this ore may perform. We certainly want to expand the resources and convert the additional resources into reserves to make that project basically the best that it can be both in scale and type”. If the company is truly able to find the estimated deposited gold and silver then it will bring many changes in financial health of this company. The management, under the pressure on liquidity, expects to raise fund from market. Mr. David Beling stated that, “We want to do several things. We want to raise money and put it in the ground, and then tell people about it and keep expanding. What we want to do is get our work done in the field, as well as in terms of investor awareness, and these are the ingredients that are going to take this company forward.” Albeit present financial performance of BFGC is not eye-catching, the situation may change with successful mining of gold and silver.
Bullfrog Gold Corporation (BFGC) is a junior exploration company primarily engaged in the acquisition and exploration of properties that may contain gold mineralization in the United States. The Company’s target properties are those that have been the subject of historical exploration. The company is a US based gold and silver exploration company within prolific mining districts of Nevada and Arizona. It is listed on the OTCBB as "BFGC" and is led by experienced executive and technical experienced in new discoveries, project feasibility, mine and process engineering, corporate development and capital funding for resource projects worldwide. The Company has acquired State Leases and Federal patented and unpatented mining claims in the states of Arizona and Nevada for the purpose of exploration and potential development of gold on a total of approximately 6,860 acres. The Company plans to review opportunities and acquire additional mineral properties with current or historic precious and base metal mineralization with meaningful exploration potential. In the Newsboy area in the main deposit, BFGC intersected a rather thick higher grade zone earlier last year, and the management expects that they would be putting more drill holes into that area. They expects for drilling during the next few weeks towards the end of this program. According to David Beling, CEO, Bullfrog Gold Corporation,”we have about five holes completed in our Queen of Sheba exploration target area. It's an area in which we just leased two patented parcels right in the center of it. We are quite excited about the drilling. So far, we've got good drill results as far as observation goes, but it will take us awhile to get the assays in and quantifications of what may be in that exploration target. The management is hopeful that the company will start to generate revenue within short time.
ChromaDex (CDXC), vide its press release on February 25, 2013 has announced that the company is planning to sale of its BlueScience Consumer Product Line to NautriSci International. We know that ChromaDex is an innovative natural product company which provides proprietary, science based solutions and ingredients to the dietary supplement, food & beverage, animal health, cosmetic, and pharmaceuticals industry. On the other hand NautriSci International is an Alberta corporation working as a leader in the innovation, production and formulation of science-based and clinically proven nutraceutical products. According to Frank Jaksch, CEO and Founder of ChromaDex, "By launching the BluScience consumer products, we achieved our primary goal of increasing the awareness of pTeroPure. We are excited to have found a strategic partner with strong nutraceutical consumer product marketing expertise to take the BluScience brand to the next level. We look forward to working with the NeutriSci team to make BluScience a tremendous success." Also CDXC stated that (press release), under the terms of the LOI, upon closing the total transaction is valued at approximately $6.0 million and will consist of a combination of cash, senior secured debt and an ownership interest in NeutriSci. ChromaDex will continue to generate revenue through a royalty on future net sales of BluScience products as well as a supply agreement with NeutriSci for its patented pTeroPure pterostilbene, which will continue to be the key active ingredient in the BluScience product line. ChromaDex will retain all rights and ownership to its pTeroPure pterostilbene. NeutriSci paid a non-refundable $250,000 deposit to ChromaDex, which will be applied toward the total consideration to be paid. Closing is expected to occur before March 31, 2013 upon satisfaction of various closing conditions. The Board as well as management of CDXC considers the above dealing will create win win potion for both ChromaDex and NautriSci Inter
ChromaDex (CDXC), an innovative natural product company which provides proprietary, science based solutions and ingredients to the dietary supplement, food & beverage, animal health, cosmetic, and pharmaceuticals industry. Recently, the company has bought all shares of Spherix Consulting, Inc, a subsidiary company of Spherix Incorporated (SPEX). This initiative was as part of CDXC’s business expansionary mission and vision. Resulting the above business acquire transaction, Spherix Consulting became a wholly owned subsidiary of CDEX. Spherix Consulting has a well-established list of Fortune 1000 customers, as the company has good presence in scientific and regulatory consulting. The above business acquire is considered to effect as an immediate increase in revenue of ChromaDex, as expected by the company management. According to Frank Jaksch, CEO and co-Founder of ChromaDex, "Spherix Consulting is a premier provider of product regulatory approval and scientific advisory services. Given the rapidly changing regulatory environment, these services have never been more critical for suppliers, manufacturers and retailers. By acquiring Spherix Consulting we provide this valuable expertise to better support our customers' product development outcomes." As stated in the press release, Spherix Consulting provides its clients in the food, supplement and pharmaceutical industries with effective solutions to manage potential health and regulatory risks. Its science-based solutions are for both new and existing products that may be subject to product liability and/or exposed to changing scientific standards or public perceptions; literature evaluations; and design and assessment of pre-clinical and clinical safety testing. Spherix Consulting specializes in regulatory submissions for food and dietary supplement ingredients (GRAS, NDIN, Food Additive Petitions, Novel Food Petitions). For its clients involved in drug development within the pharmaceutical industry, Spherix provides
ChromaDex (CDXC), as part of its developing product portfolio as well as complied business environment has taken steps to distribute LoGiCal. More elaborately, ChromoDex and LGG Standards have recently announced that they have signed an agreement for ChromoDex to distribute a new range of reference standards called LoGiCal. We know that ChromaDex is an innovative natural product company which provides proprietary, science based solutions and ingredients to the dietary supplement, food & beverage, animal health, cosmetic, and pharmaceuticals industry. On the other hand LGC Standards is a provider of products and services to improve measurement and quality control within the laboratory and is a major division of U.K.-based LGC, whose LGC Science & Technology Division acts as the U.K. National Measurement Institute for chemical and bioanalytical measurements. This agreement is expected to advance CDXC one step, by ensuring more diversified product portfolio as well as business exposure.
As stated in the press note, LoGiCal®, as a new product range focusing on the needs of forensic and clinical laboratories, will provide access to a wide variety of reference materials, including drugs of abuse, prescription drugs and drug metabolites. A segment of this product line is ISO Guide 34 certified, which ensures that all methods a manufacturer uses to certify their standards are validated and proven to be accurate, a new addition to the ChromaDex portfolio. This will add to ChromaDex's extensive current catalog that contains over 3,000 phytochemicals and 470 botanical reference materials that serve a wide variety of markets such as food & beverage, pharmaceutical, cosmeceutical, research organizations and governmental groups. According to Frank Jaksch, CEO and co-founder of ChromaDex, "By adding the LoGiCal® reference standards to our portfolio of offerings, we further add to our ability to be a one-stop shop for our customers". I foresee this will hit CDXC’s revenue genera
Spherix Incorporated (SPEX) has been operating under major restructuring programs which touch shareholding pattern, changes in top management, divesting subsidiary and what not. The competent authority of PEX considers that the above initiatives will be effective to recover the company from its slow financial performance since long time. In the meantime, to strengthen its capital structure further equity based the company has raised $2.6 million fund through private placement (as the less levered the capital structure, the less financial expenditure to be paid by the company and the more levered the capital structure, the more financial cost to be paid by the company). After getting new capital through placement, the company is feeling more comfort since the company can utilize the fund to some selective areas to achieve quick result and to relieve its financial difficulties. We know, SPEX is a renowned scientific research company having long exposure as well as presence in the market which needs huge working capital to support running business as well as any expansionary programs. The company has been developing biopharmaceutical products and also has been providing technical and regulatory consulting services to food, consumer products and pharmaceuticals companies which also need funding support. Moreover, in its restructuring program SPEX has sold all shares of Spherix Consulting, Inc, a subsidiary company of Spherix Incorporated (SPEX).According to press release of SPEX, “pending completion of its review of its strategic alternatives, Spherix Incorporated will continue to pursue development and commercialization of innovative drug, medical, and food technologies, including food and nutritional technologies and supplements”. Divesting a subsidiary is not an easy decision; it is quite a challenging decision of SPEX. The future time will say how SPEX will be benefitted from this; primarily I think the company wants to have a concentrated decision making procedu
Spherix Incorporated (SPEX) is a well-known scientific research company with long exposure as well as presence in the market. The company has been expanding segments not only in domestic market but also in foreign markets. Today we may discuss the company’s recent business dealing with Fulllife Health care Pvt. Ltd, an innovation driven company focused on bringing healthcare solutions to India. Before gonin detail, le t us know more SPEX. The company has been developing biopharmaceutical products and also has been providing technical and regulatory consulting services to food, consumer products and pharmaceuticals companies. SPEX has been operating basically in two segments; first segment is Biospherics Incorporated (Biospherics) which is biotechnology research and development business and another segment is Health science, which is technical and regulatory consulting business. The company has been utilizing its subsidiary companies to ensure customer supply of customer demanded products and services. Agreement with Fulllife Health care Pvt. Ltd. is aimed basically to facilitate to supply and license agreement for the use of D-tagatose nutraceutical products in India. As part of its penetration to international market, the above dealing may bring good operating result for the company. As per press release from SPEX,” under the terms of the agreement, Spherix has granted Fullife an exclusive, royalty-bearing license in India for use of Spherix's clinical data and proprietary know-how to support marketing and dosing of the D-tagatose that Spherix will also be supplying. The D-tagatose will be used in food or cosmetic products that may provide health benefits in return for a fixed royalty on gross sales. Spherix will provide bulk D-Tagatose to Fullife and Fullife will be responsible for all testing and development of products containing D-Tagatose for sale in India. According to SPEX ex CEO Dr. Claire Kruger, "we are delighted to enter into this supply and license agr
With the increase in trade volume, the price of Spherix Incorporated (SPEX) has increased significantly in last two weeks. If we recall we find that on February 04, 2013 the closing price of SPEX stock was only $5.51, which was to $13.20 on March 07, 2013. The stock price is in upward trend. Following this, investors are seeking answer why the unusual price increase happened. The probable answer is that the company has put effort to recover its slow financial performance by recent business deal with international parties, major restructuring or divestment, appointment of new CEO, etc. The company has announced its progress to sign agreement with Fulllife Health care Pvt. Ltd, an innovation driven company focused on bringing healthcare solutions to India. This agreement will facilitate to supply and license agreement for the use of D-tagatose nutraceutical products in India. As part of its penetration to international market, the above dealing may bring good operating result for the company. The company has raised $2.6 million fund through private placement to strengthen its capital structure. The above has been reflected in the market price SPEX stock. Mean while, SPEX has gone for divestment of one of its subsidiary companies named Spherix Consulting, Inc. to ensure more focus on its main operation, which perhaps has been considered positively by the investors. Moreover, the company has appointed Mr. Harvey Kesner as its Chief executive officer, which has made major impact in the market. It is most likely that the investors are foreseeing a better future of SPEX within short time. The company may show better operating result in the upcoming period. The above has been reflected in the market. Also, the company has reported comparatively better financial result in individual 3rd quarter in 2012 from 3rd quarter in 2011. It is also spread that the company is going to report a little better result in 4rth quarter too.