Patent law

Permex Petroleum Announces Additional Oil and Natural Gas Royalty Acquisitions in Texas

Retrieved on: 
Wednesday, June 23, 2021

Vancouver, British Columbia--(Newsfile Corp. - June 23, 2021) - Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) ("Permex" or the "Company"), announced today that it has closed on multiple non-operated royalty interest ("RI") acquisitions in 29 oil and gas wells located in the Permian Basin of west Texas, all of which have established long-term production.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - June 23, 2021) - Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) ("Permex" or the "Company"), announced today that it has closed on multiple non-operated royalty interest ("RI") acquisitions in 29 oil and gas wells located in the Permian Basin of west Texas, all of which have established long-term production.
  • The recently acquired oil and gas royalty interest properties are located in Howard, Martin, Midland and Reeves counties.
  • "Our strategic business shift to have continuously acquired royalty interest ownership in oil and natural gas properties during the downturn has positioned us for exceptional returns on these investments.
  • We continue to monitor the market for additional non-operating working interest and royalty interest acquisitions and partnerships."

FADEL Announces Launch of the Statement Portal - Delivering Royalty Statements for Authors Online

Retrieved on: 
Wednesday, June 23, 2021

NEW YORK, June 23, 2021 /PRNewswire-PRWeb/ -- FADEL, leading provider of Rights and Royalty Management software for publishers, today announced the launch of Statement Portal, the latest innovation in royalty statement delivery online.

Key Points: 
  • NEW YORK, June 23, 2021 /PRNewswire-PRWeb/ -- FADEL, leading provider of Rights and Royalty Management software for publishers, today announced the launch of Statement Portal, the latest innovation in royalty statement delivery online.
  • "Publishers want to be able to provide secure, on-demand statement access to authors and authors expect to be able to look up that information whenever and wherever they need to.
  • Powerful features include:
    personalized notifications to any combination of authors, agents, and business units for a powerful marketing and customer service engine
    Want to learn more about Statement Portal?
  • Join our upcoming complimentary webinar at The London Book Fair on June 23 Modernize the Author Experience with a Royalty Statement Cloud App.

Activist Supreme Court Sides with Big Tech on Patent Invalidation Board

Retrieved on: 
Tuesday, June 22, 2021

The Court then proceeded to "forgive" this violation by re-writing the law.

Key Points: 
  • The Court then proceeded to "forgive" this violation by re-writing the law.
  • Malone said it is impossible for the Director to review the thousands of decisions that rob inventors of our hard-earned rights.
  • Certainly, it will not be under-resourced inventors who benefit under this holding, but rather the wealthiest and most politically connected corporations.
  • "Today's decision marks another in a string of decisions by the U.S. Supreme Court that has flipped our patent system upside down.

Battle Over Ohio's Forced Pooling Bill Intensifies With Opposition Hearing Set For This Week

Retrieved on: 
Monday, June 21, 2021

The Committee's Chairman, Representative Jason Stephens, has scheduled a hearing at which opponents of the bill can voice their objections.

Key Points: 
  • The Committee's Chairman, Representative Jason Stephens, has scheduled a hearing at which opponents of the bill can voice their objections.
  • The hearing is set for Thursday, June 24, 2021, at 10:00 AM EST in Room 017 in the Ohio State House in Columbus.
  • 152, "doesn't stop operatorsfrom taking huge cost deductions that can cut the monthly royalty payments to almost nothing."
  • Prior to 2018, the forced pooling orders issued did not include the market enhancement clause on the payment of royalty.

Permianville Royalty Trust Announces Monthly Operational Update

Retrieved on: 
Friday, June 18, 2021

Total accrued operating expenses for the period were $2.0 million, a $0.1 million decrease month-over-month from the prior period.

Key Points: 
  • Total accrued operating expenses for the period were $2.0 million, a $0.1 million decrease month-over-month from the prior period.
  • Permianville Royalty Trust is a Delaware statutory trust formed to own a net profits interest representing the right to receive 80% of the net profits from the sale of oil and natural gas production from certain, predominantly non-operated, oil and gas properties in the states of Texas, Louisiana and New Mexico.
  • In addition, future monthly capital expenditures may exceed the average levels experienced in 2020 and prior periods.
  • Neither the Sponsor nor the Trustee intends, and neither assumes any obligation, to update any of the statements included in this press release.

Rich Geruson, NexOptic Chairman, Announces NexOptic Receives its 2nd Patent Notice of Allowance from the US Patent Office for Another Key Artificial Intelligence Invention

Retrieved on: 
Thursday, June 17, 2021

A Notice of Allowance is an indication that the invention qualifies for a patent and that administrative and other steps are required prior to its issuance.

Key Points: 
  • A Notice of Allowance is an indication that the invention qualifies for a patent and that administrative and other steps are required prior to its issuance.
  • An invention is still considered patent pending until a final patent has been issued.
  • The patent, once issued, will provide additional key intellectual property protection for NexOptics disruptive AI for all levels of imaging including video, data compression and more.
  • NexOptic also reports that it continues to add additional in-house talent to its software team to support the development of its artificial intelligence program.

Innovative Foundry Technologies Resolves Infringement Dispute with SMIC and Initiates New Patent Litigation

Retrieved on: 
Thursday, June 17, 2021

PORTLAND, Maine, June 17, 2021 /PRNewswire/ -- Innovative Foundry Technologies LLC (IFT) has resolved its patent dispute with Semiconductor Manufacturing International Corporation (SMIC).

Key Points: 
  • PORTLAND, Maine, June 17, 2021 /PRNewswire/ -- Innovative Foundry Technologies LLC (IFT) has resolved its patent dispute with Semiconductor Manufacturing International Corporation (SMIC).
  • In addition, IFT has acquired new patents, one of which it asserted in a new infringement lawsuit filed in Germany.
  • Thomas Loureiro, IFT's Executive Vice President of Licensing and Strategy, reports, "IFT is extremely pleased to have resolved its patent dispute with SMIC.
  • Loureiro continued, "The pace and scope of our success to date validates the strength of IFT's patent portfolio and licensing strategy.

Metalla Adds Royalty on IAMGOLD's Côté Gold Project, One of Canada's Largest Gold Mines

Retrieved on: 
Thursday, June 17, 2021

As a result of these proceeds and cash held on the balance sheet, the Company was fully funded to close the royalty acquisition on Ct.

Key Points: 
  • As a result of these proceeds and cash held on the balance sheet, the Company was fully funded to close the royalty acquisition on Ct.
  • Metalla was created for the purpose of providing shareholders with leveraged precious metal exposure by acquiring royalties and streams.
  • Our goal is to increase share value by accumulating a diversified portfolio of royalties and streams with attractive returns.
  • Specifically, as a royalty holder, Metalla has limited, if any, access to the property subject to the royalty.

Nextech AR Solutions Corp. (CSE: NTAR) (OTCQB: NEXCF) Partners with Microsoft to Transform Higher Ed

Retrieved on: 
Wednesday, June 16, 2021

In many instances, COVID-19 simply accelerated the inevitable, such as trends towards digitization while lockdown orders were in place.

Key Points: 
  • In many instances, COVID-19 simply accelerated the inevitable, such as trends towards digitization while lockdown orders were in place.
  • Perhaps the most significant example was in education, where students from grade school to college went 100% virtual for the first time in history.
  • By cutting through the overload of information in todays market, NNW brings its clients unparalleled visibility, recognition and brand awareness.
  • Please see full terms of use and disclaimers on the NetworkNewsWire website, applicable to all content provided by NNW wherever published or re-published: http://NNW.fm/Disclaimer

WISeKey’s TrustedNFT Platform to Turn Patents into Non-Fungible Tokens (NFT) and Store Them on an Identity Blockchain Network

Retrieved on: 
Tuesday, June 15, 2021

WISeKey is inviting companies and individuals holding patents to join its NFT patent ecosystem powered by the extensive list of patents owned by the company for more information visit: https://www.wisekey.com/company/our-value-proposition/our-patents/ .

Key Points: 
  • WISeKey is inviting companies and individuals holding patents to join its NFT patent ecosystem powered by the extensive list of patents owned by the company for more information visit: https://www.wisekey.com/company/our-value-proposition/our-patents/ .
  • With a rich portfolio of more than 46 patent families, covering over 100 fundamental individual patents, and another 22 patents under review, WISeKey continues to expand its TrustedNFT platform use in various domains.
  • WISeKeys patented technology that already secures millions of objects (luxury products, expensive wine, jewelry, collectors items, high end watches, art, etc.
  • The platform generates patents related smart contracts acting as a program that runs on the blockchain that they can receive and send transactions, and they are unalterable.