Quest Patent Research Corp. Stock Analysis QPRC

Quest Patent Research Corp. engages in the development, acquisition, licensing, and enforcement of intellectual property rights, which are either owned or controlled by the company or its wholly owned subsidiaries. The company is headquartered in Rye, New York and currently employs 2 full-time employees. The Company’s principal operations include the acquisition, licensing and enforcement of intellectual property rights that are either owned or controlled by the Company or one of its wholly owned subsidiaries. The firm owns, controls, or manages approximately 22 intellectual property portfolios, which principally consist of patent rights. Its intellectual property portfolio includes fees from the licensing of its intellectual property, primarily from litigation relating to the enforcement of its intellectual property rights. The firm develops its business by acquiring intellectual property rights, either in the form of ownership or an exclusive license to the underlying intellectual property. The company is seeking to monetize the intellectual property rights of six portfolios, which include EDI, HPE, HID, Koyo, Taasera, and Multimodal Media.