Peer to Peer Network Inc (OTC:PTOP) Stock On Radar After The Patent News
One of the companies that could be in focus among investors this morning is Peer to Peer Network Inc (OTC:PTOP) in light of the announcement made yesterday. It could be a good idea for investors to take a closer at the announcement ahead of the opening of markets.
Patent Update
On Tuesday, the company announced that it had been awarded a United States Provisional Patent for its path breaking new technology. In the news release, Peer to Peer Network announced that the patent was titled, “A Cryptocurrency-Based Platform for Connecting Companies and Social Media Users for Targeted Marketing Campaigns.”
The company noted that the award of the provisional patent marked a significant step towards the journey of Peer to Peer Network as a major innovator in the digital marketing and cryptocurrency spaces. Additionally, the patent would also boost the intellectual property portfolio of the company.
Further Information
The company’s new cryptocurrency would power targeted marketing campaigns by enabling any user to market companies and then be compensated for the same through crypto payments. It was noted that the process would be similar to the way in which Uber allowed anyone with a personal vehicle to drive people around and also make money concurrently.
CEO Quote
“I have spoken to our Senior Architect Jay Wallace who is a genius at what he does and he knows that we plan to Launch Mobicard 1.7 with the MOBICOIN fully implemented shortly after the New President is sworn into office. I think this is a great time to reintroduce the world to MOBICOIN™ regardless of how I, or anyone feels about politics we can’t deny the Crypto markets exceptional increase in anticipation to major regulatory transformations. I made it very clear to our Tech Team leader that this is a must to launch Mobicard™ 1.7. Our new version of our flagship digital business card product shortly after the new President is sworn in, and he agreed 100%. I think that the last time we saw our stock price go from $0.0005 to a high of $0.06 per share it all started with the launch of MOBICOIN™ and it is my belief that combined with a much newer, and superior version of our app, combined with the reward token MOBICOIN™ incorporated into the app, we have the potential to hit all new highs breaking old records,” declared Joshua Sodaitis Chairman & CEO.
