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Quest Patent Research Corporation (QB)

Quest Patent Research Corporation (QB) (QPRC)

0.24
0.00
(0.00%)
Closed June 03 4:00PM

Empower your portfolio: Real-time discussions and actionable trading ideas.

Key stats and details

Current Price
0.24
Bid
0.236
Ask
0.699
Volume
-
0.00 Day's Range 0.00
0.1101 52 Week Range 1.04
Market Cap
Previous Close
0.24
Open
-
Last Trade
Last Trade Time
Financial Volume
-
VWAP
-
Average Volume (3m)
2,422
Shares Outstanding
5,331,973
Dividend Yield
-
PE Ratio
0.35
Earnings Per Share (EPS)
0.68
Revenue
13.15M
Net Profit
3.65M

About Quest Patent Research Corporation (QB)

Quest Patent Research Corporation is a New York based Intellectual Property licensing and commercialization company. Quest acquires and manages IP rights from a variety of sources, including large and small corporations, universities and individual IP owners. Quest specializes in both mature and eme... Quest Patent Research Corporation is a New York based Intellectual Property licensing and commercialization company. Quest acquires and manages IP rights from a variety of sources, including large and small corporations, universities and individual IP owners. Quest specializes in both mature and emerging technologies, delivering a suite of value add financial, strategic and legal resources to efficiently monetize IP throughout the entire commercialization lifecycle. Business Address Show more

Sector
Nondurable Goods-whsl, Nec
Industry
Nondurable Goods-whsl, Nec
Website
Headquarters
Dover, Delaware, USA
Founded
1970
Quest Patent Research Corporation (QB) is listed in the Nondurable Goods-whsl sector of the OTCMarkets with ticker QPRC. The last closing price for Quest Patent Research (QB) was $0.24. Over the last year, Quest Patent Research (QB) shares have traded in a share price range of $ 0.1101 to $ 1.04.

Quest Patent Research (QB) currently has 5,331,973 shares outstanding. The market capitalization of Quest Patent Research (QB) is $1.28 million. Quest Patent Research (QB) has a price to earnings ratio (PE ratio) of 0.35.

QPRC Latest News

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.0033-1.356350184960.24330.2741040.2443730.24007358CS
4-0.379745-61.27439511410.6197450.6197450.222230560.26891314CS
12-0.06-200.30.980.156124220.4049762CS
26-0.09-27.27272727270.331.040.111143420.40524778CS
520.0314.28571428570.211.040.110182610.31701976CS
1560.22111169.841269840.01891.040.0042323990.01879806CS
2600.2133798.8764044940.02671.040.0044038140.02155184CS

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QPRC Discussion

View Posts
RagingBobNY RagingBobNY 2 days ago
Bronx, unless there is a surprise (company acquisition or some other magic) we are years, probably 3 to 5 years away from hitting a critical mass in income and company growth.
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Bx Bx 2 days ago
a year or two to buy more - we have been through all of that stuff for 20 years.
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Dobies Dobies 3 days ago
Probably!
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Dobies Dobies 3 days ago
No, I had 300 bucks in my account so I bought 1200 shares when it dipped.
.
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RagingBobNY RagingBobNY 4 days ago
Have you spoken to Jon?
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RagingBobNY RagingBobNY 4 days ago
Nice! Wondering if we have a year or two to buy more or will something give
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splintered sunlight splintered sunlight 4 days ago
Sweet
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Dobies Dobies 4 days ago
I picked up 1200 at .2433.
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RagingBobNY RagingBobNY 1 week ago
Indeed! And I guess the people funding the company don't care. They believe there is something waiting for them down the road.

So we wait. And hope.
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Dobies Dobies 1 week ago
What we have here is a failure to communicate!
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RagingBobNY RagingBobNY 2 weeks ago
Communication is an issue with this company. I guess it is right up there with the rest of the major issues. We will know in 3 months.
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synaphai synaphai 2 weeks ago
Right but does that mean they settled out of court. Settling out of court saves both parties further legal fees and the party that filed the suit formally agrees before the court to never pursue the matter again. I'm not a lawyer but that's my guess as to what happened.

If so, why it happened in this case and not others where the settlement was included in court docs is a mystery to me but filings did show that the two parties were attempting to resolve the matter out of court. Only Jon can provide the answer because I doubt Sonicwall would say anything on the matter.
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RagingBobNY RagingBobNY 2 weeks ago
I guess this concerns me.... Defendant Sonicwall, Inc. has not yet answered. Plaintiff hereby dismisses all claims of infringement that Plaintiff raised or could have raised in this action WITH PREJUDICE. Each Party will bear its own costs, expenses, and attorneysโ€™ fees.
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synaphai synaphai 2 weeks ago
In a document filed in April regarding Sonicwall asking for an extension of their deadline to respond, Taasera's counsel states that, "Taasera and Sonicwall are actively discussing resolution of this matter". So I guess it was resolved. Your guess is as good as mind as to whether that involved a monetary settlement.
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RagingBobNY RagingBobNY 2 weeks ago
I understand that but I would love to know why. How do you write a 191 page complaint and then just drop it?
After the settlements coming up we have only ONE active case in the courts.

The courts should be full of cases!!!
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RagingBobNY RagingBobNY 2 weeks ago
I understand that but I would love to know why. How do you write a 191 page complaint and then just drop it?
After the settlements coming up we have only ONE active case in the courts.

The courts should be full of cases!!!
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synaphai synaphai 2 weeks ago
It means that Taasera has dropped its claim against Sonicwall for whatever reason and "with prejudice" means that it won't file the same claim again in the future.

Planet Microcap has uploaded a bunch of videos from the Vegas event but still no Jon. I tweeted at them asking when it would be available but got no reply.
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RagingBobNY RagingBobNY 2 weeks ago
Can someone explain this to me?
Pursuant to Federal Rule of Civil Procedure 41(a)(1)(A)(i), Plaintiff Taasera Licensing LLC
(โ€œTaaseraโ€) dismisses this action. Defendant Sonicwall, Inc. has not yet answered. Plaintiff hereby
dismisses all claims of infringement that Plaintiff raised or could have raised in this action WITH
PREJUDICE. Each Party will bear its own costs, expenses, and attorneysโ€™ fees.
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Bx Bx 2 weeks ago
Ditto!
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RagingBobNY RagingBobNY 2 weeks ago
Looking for more than a couple of pennies. After 25 years I want a significant ROI.
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RagingBobNY RagingBobNY 2 weeks ago
Looking for more than a couple of pennies. After 25 years I want a significant ROI.
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Dobies Dobies 2 weeks ago
Me too!
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Dobies Dobies 2 weeks ago
I loved it when the stock was a couple pennies. If it spiked a penny or two there was a profit to be made!
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RagingBobNY RagingBobNY 2 weeks ago
I'll be sitting on my hands for years.
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RagingBobNY RagingBobNY 2 weeks ago
Did you sell at a loss? Hanging in because I'm in the red
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ironhammer ironhammer 2 weeks ago
Thanks
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RagingBobNY RagingBobNY 2 weeks ago
Good luck to you!
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ironhammer ironhammer 3 weeks ago
I'm out done with this hope in the upcoming years it does well for all
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RagingBobNY RagingBobNY 3 weeks ago
Not much to get excited about.
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RagingBobNY RagingBobNY 3 weeks ago
10Q is out!
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RagingBobNY RagingBobNY 3 weeks ago
Yes 2023 10K
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jr09 jr09 3 weeks ago
Updated 10K correct?
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RagingBobNY RagingBobNY 3 weeks ago
Actually that is the 10K reposted NOT the 10Q. My bad!
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RagingBobNY RagingBobNY 3 weeks ago
Not much there. Without surprises it could take years and years to build this company.

They have 9 active portfolios and 13 portfolios that are dead and two cases in the courts.
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RagingBobNY RagingBobNY 3 weeks ago
The 10K is out ! Let's see...
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RagingBobNY RagingBobNY 3 weeks ago
Yes. Maybe some new patents? What I would like to see is some new cases in the courts.
👍️ 1
jr09 jr09 3 weeks ago
Thanks for update. 10K this week. Pretty sure.
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RagingBobNY RagingBobNY 3 weeks ago
The whole article is locked behind a fee wall .

It appears that more parents will be added to the Flash Uplink portfolio. I guess we will find out late May with the 10K?
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jr09 jr09 3 weeks ago
Is this the complete article? Or is it from RPX for fee? Thanks
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RagingBobNY RagingBobNY 3 weeks ago
Time for Another Review of Recently Recorded Patent Assignments
May 12, 2024
RPXโ€™s last look at notable patent assignments considered the movement of assets to Ueran Technology LLC from Huawei; to AX Wireless, LLC from SOLiD; to VideoLabs, Inc. from DCX US Agility Platform LLC, a subsidiary of DXC Technology; to Flash Uplink LLC from its publicly traded parent Quest Patent Research Corporation (QPRC); to various entities from Ascend Innovation Management, LLC entities; and to Nera Innovations Limited from multiple entities associated with Atlantic IP Services. It is time for a review of additional notable transfers recorded since then.
Time for Another Review of Recently Recorded Patent Assignments - News | RPX Insight (rpxcorp.com)
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jr09 jr09 3 weeks ago
No doubt. At least they found it and reported it. Fire accounting firm. 10Q coming soon. Hopefully this is corrected
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Dobies Dobies 3 weeks ago
Just when you thought it was safe to go into the water!
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RagingBobNY RagingBobNY 3 weeks ago
Oops!...
https://www.otcmarkets.com/filing/html?id=17505508&guid=7VQ-kHPOSVxPB3h

On April 30, 2024, the Companyโ€™s chief executive officer determined that the litigation and licensing expenses for the year ended December 31, 2023 was understated by $1,371,109 as a result of the failure to include accrued legal fees due in connection with the settlement of litigation during the fourth quarter of 2023. As a result, the Companyโ€™s gross margin, income from operations, income before income taxes and net income were overstated by $1,371,109, resulting in net income for the year ended December 31, 2023 of $2,278,473, or $0.43 per share. The Company had reported net income of $3,649,582, or $0.68 per share.
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RagingBobNY RagingBobNY 1 month ago
Multimodal Media LLC v. TCL Technology Group Corporation et al Settlement!
JOINT MOTION for Stay of all Deadlines and Notice of Settlement by Multimodal Media LLC. (Attachments: #1 Proposed Order)(Fabricant, Alfred)

7 Defendants / 78 Accused Products / 4 Patents-in-Suit / 518 Days in Litigation

Only two cases left in the courts.
👍️ 2
splintered sunlight splintered sunlight 1 month ago
Somebody bailed..........
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RagingBobNY RagingBobNY 1 month ago
Deepwell settlement it is....

ORDER granting #30 Motion to Stay. All deadlines in the above-captioned case are STAYED for thirty (30) days, up to and including May 18, 2024, during which time appropriate dismissal papers are to be filed with the Court.. Signed by District Judge Rodney Gilstrap on 04/18/24. (KLC)
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RagingBobNY RagingBobNY 1 month ago
Normally they aren't. The case is stayed and no new dates are added into the docket. It could be the filing were flipped or an error. We will find out soon enough.

The Markman is literally scheduled a year from now. 4/16/25. I don't know many lawyers that settle so quickly when there is plenty to bill for.
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jr09 jr09 1 month ago
Other entries are posted as settlement discussions are continued.
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RagingBobNY RagingBobNY 2 months ago
There is a error somewhere. There's other entries indicating that there isn't a settlement.
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RagingBobNY RagingBobNY 2 months ago
So the big question is; What's next? There are three active cases in the courts which could take a year or two to settle. Jon Scahill presents at Planet MicroCap on May 1st. Maybe we will get some insight there and the 10Q comes out on May 31st.


Harbor Island Dynamic, LLC v. Samsung Electronics Co., Ltd. et al
Taasera Licensing LLC v. Sonicwall, Inc.
Multimodal Media LLC v. TCL Technology Group Corporation et al
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