DNA Dynamics, Inc. Appoints Experts to Monetize Patent
December 21 2017 - 10:33AM
InvestorsHub NewsWire
DNA Dynamics, Inc.
Appoints Experts to Monetize Patent
IPOfferings LLC contracted to negotiate royalties with ATM
Providers
London, U.K. -- December 21 2017 -- InvestorsHub
NewsWire -- DNA Dynamics, Inc. (USOTC:DNAD)
announces today that its UK Subsidiary, DNA Interactive Limited,
has appointed IPOfferings LLC, the company that recently brokered
the ATM Bitcoin Patent acquisition, to oversee the monetization
of the Patent.
Speaking recently about the deal, DNA Dynamics’ CEO Carl Grant
stated: “This relationship will see IPOfferings using their
years of expertise in the Patent business to put cash on DNA’s
bottom line. Our own calculations internally see this as a
multi-million-dollar revenue stream. It’s shaping up that 2018
could see over 5000 ATM Bitcoin individual locations from more than
14 vendors with up to 18,000 by 2020. Even if we achieve less than
the $1.00 per transaction we are aiming to see, it’s still a
significant amount in revenues from this operation.”
DNA reports that the deal will see IPOfferings become the exclusive
licensing agent for DNA in the US. IPOfferings will begin
immediately in the New Year by contacting all Bitcoin ATM
manufacturers and operators and working with them to license the
patent and pay royalties to DNA.
Alec Schibanoff, VP at IPOfferings, was equally up-beat about the
deal, commenting that “Having helped structure the acquisition
that makes DNA the exclusive Master Licensor of U.S. Patent No.
9,135,787 for a “Bitcoin Kiosk/ATM Device and System Integrating
Enrollment Protocol,” , we are confident that we can
license all of the majors players in the ATM bitcoin space.
We are excited at this opportunity and look forward to using our
expertise and resources to drive revenues into DNA.”
About DNA Dynamics, Inc.
Headquartered in Grandville, Michigan, and with operations in the
UK, DNA Dynamics’ business focuses on “Skills Based Gaming” and
enabling players on its platform and the wider public to benefit
from the boom in the crypto-currency marketplace. DNA is building a
diverse portfolio of assets based around “Skills Based Gaming” and
crypto-currency related assets.
For more information please email info@dnadynamicsinc.com
About IPOfferings LLC.
Based in Suffern, New York, IPOfferings is a leading patent
brokerage and IP consulting services firm. IPOfferings
represent sellers and licensors in the monetization of their
patents and other IP. IPOfferings also represents buyers and
licensees, and offers patent valuation services. IPOfferings
recently introduced the Patent Demand Quotient, an annual report of
the top 200 patent transactions. For more information please email
patents@IPOfferings.com
Forward-Looking Statements
This press release may contain forward-looking statements,
including information about management's view of DNA Dynamics,
Inc.’s future expectations, plans and prospects. In particular,
when used in the preceding discussion, the words "believes,"
"expects," "intends," "plans," "anticipates," or "may," and similar
conditional expressions are intended to identify forward-looking
statements. Any statements made in this news release other than
those of historical fact, about an action, event or development,
are forward-looking statements. These statements involve known and
unknown risks, uncertainties and other factors, which may cause the
results of DNA Dynamics, its subsidiaries and concepts to be
materially different than those expressed or implied in such
statements. Unknown or unpredictable factors also could have
material adverse effects on DNA Dynamics’ future results. The
forward-looking statements included in this press release are made
only as of the date hereof. DNA Dynamics cannot guarantee future
results, levels of activity, performance or achievements.
Accordingly, you should not place undue reliance on these
forward-looking statements. Finally, DNA Dynamics undertakes no
obligation to update these statements after the date of this
release, except as required by law, and also takes no obligation to
update or correct information prepared by third parties that are
not paid for by DNA Dynamics.
Sincerely,
Carl Grant.
President
DNA Dynamics, Inc.
2885 Sanford Ave SW #41437
Granville, MI.
49418