MobiCard
Announces Second Patent has been Granted!
Cambridge, MA -- July 16, 2020 -- InvestorsHub NewsWire
-- Peer
To Peer Network aka MobiCard
Inc. (OTC PINK: PTOP) is excited to announce the
grant of U.S. Patent No. 10,616,368 on April 7, 2020. This patent
is the second one to cover and expand protection
for MobiCard's invention for its
electronic
business card proprietary technology. A link to the patent
is found
here: http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.htm&r=1&f=G&l=50&s1=10,616,368.PN.&OS=PN/10,616,368&RS=PN/10,616,368
This technology
is also covered by U.S. Patent No. 10,270,880, issued April 23, 2019.
MobiCard
is working diligently on additional patent applications to
strengthen and improve the intellectual property
for its
electronic business card proprietary technology.
Second MobiCard patent issued April 7, 2020
as Patent No. 10,616,368.
A link to the
patent:
http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.htm&r=1&f=G&l=50&s1=10,616,368.PN.&OS=PN/10,616,368&RS=PN/10,616,368
This patent is
enforceable until September 8, 2035, as long as the three
maintenance fees are paid by the due dates indicated below.
The first fee is
due by October 10, 2023. This payment deadline may be extended
until April 8, 2024 with the additional payment of a grace
fee. The
second fee is due by October 8, 2027. This payment deadline may be
extended until April 7, 2028 with the additional payment of a grace
fee. The
third fee is due by October 8, 2031. This payment deadline may be
extended until April 7, 2032 with the additional payment of a grace
fee.
MobiCard Chairman & CEO
Joshua Sodaitis commented "As the Chairman,
CEO, and now an inventor I am proud of this mile stone being in the
books as accomplished. MobiCard has filed a third patent
before this one was officially granted. I intend to continue adding
intellectual property assets that are directly added to the plus
category, on the bottom line of MobiCard's
financials
balance sheet. MobiCard is worth more today than
it was prior to this patent being granted. Advancing intellectual
property assets into
MobiCard
is a direct result of lots of hard work behind the
scenes
that I
believe will translate into more interest in Mobicard and its
product. MobiCard's intellectual property assets
surely differentiate it from any other company out there that would
try to mimic us or compete with us, just wait to you see
MobiCard's apps as they will blow anyone
trying to compete with us out of the water."
MobiCard is in the process of
trying to get its historical financials completed and audited, to
file certain SEC reports in 2015, 2016 and 2017 prior to the date
it de-registered with the SEC, and current financials (2018, 2019,
& 2020) completed to report financials on OTC
Markets and
complete taxes. It is not free to get this goal accomplished and
MobiCard will seek to raise
additional capital to finish this project. MobiCard believes now is the time
to get this next objective completed in the next two months if the
company has adequate resources and funding to complete this
task.
MobiCard knows that this new
patent is a direct asset to the company. With the assets of the new
technology platform and the new patent reflected on the financials
once completed will be enticing for new shareholders while sending
the exact message to the markets that would be advantageous for
success.
Due to COVID-19,
business is changing. The old archaic paper business card
is soon to see
its demise. MobiCard is to the old paper
business card; what Gutenberg was to calligraphy when he
developed
the printing press. MobiCard believes that it is
positioning itself to become the staple brand in an entirely new
industry that will appeal to ever race, gender, and age demographic
once in the professional world.
"If shareholders
want the next big strategic goal to be completed of the financials
it can be done as long as we are able to bring
in the funding necessary to complete them. Now more than ever
shareholders should help me, help them, so that we can all prosper
together." Concluded Chairman and CEO Joshua Sodaitis
This release
includes forward-looking statements within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended. The Company
invokes the protections of the Private Securities Litigation Reform
Act of 1995. All statements regarding our expected future financial
position, results of operations, cash flows, financing plans,
business strategies, products and services, competitive positions,
growth opportunities, plans and objectives of management for future
operations, as well as statements that include words such as
"anticipate," "if," "believe," "plan," "estimate," "expect,"
"intend," "may," "could," "should," "will," and other similar
expressions are forward-looking statements. All forward-looking
statements involve risks, uncertainties and contingencies, many of
which are beyond our control, which may cause actual results,
performance, or achievements to differ materially from anticipated
results, performance, or achievements. Factors that may cause
actual results to differ materially from those in the
forward-looking statements include those set forth in our prior
filings at www.sec.gov. The company is no longer a fully reporting
SEC filing company. We are under no obligation to (and expressly
disclaim any such obligation to) update or alter our
forward-looking statements, whether as a result of new information,
future events or otherwise.
Joshua
Sodaitis, Chairman &
CEO
MobiCard, Inc.
45 Prospect
Street Cambridge, MA 02139
Phone:
1-617-651-2460
Email:
info@freemobicard.com
