Marathon Patent Group (MARA) Tops Q1 EPS by 8c

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Marathon Patent Group Announces First Quarter Financial Results

May 12, 2016 4:00 PM EDT

LOS ANGELES, CA -- (Marketwired) -- 05/12/16 -- Marathon Patent Group, Inc. (NASDAQ: MARA) ("Marathon" or "Company"), a patent licensing and commercialization company, today announced its first quarter operating results for the quarter ended March 31, 2016 in its Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission.

Operating Results for the Quarter Ended March 31, 2016 and Subsequent Events

As of May 10, 2016, we had approximately $26.5 million of cash, court deposits and accounts receivable, including $25.0 million of cash, $1.4 million of court deposits in the process of being returned to the Company,... More

Erich Spangenberg Joins Marathon Patent Group Management Team

May 12, 2016 8:01 AM EDT

LOS ANGELES, CA -- (Marketwired) -- 05/12/16 -- Marathon Patent Group, Inc. (NASDAQ: MARA) ("Marathon"), a patent licensing and commercialization company, announced today that it has named Erich Spangenberg its Director of Acquisitions, Licensing, and Strategy. Mr. Spangenberg will primarily focus on acquisitions, licensing, alliances and strategy for Marathon, with an emphasis on Marathon's expansion into Asia and Europe.

Doug Croxall, CEO and Chairman of Marathon stated, "Erich is well known in the IP industry and was always my top choice to advise on strategy. We have... More