Jesse Lund, Former Blockchain Head at IBM, Joins Marathon Patent Group as Board of Directors Advisor
July 24 2019 - 8:01AM
Marathon Patent Group, Inc. (NASDAQ: MARA) (“Marathon” or the
“Company”), today announced that Jesse Lund, former Blockchain head
at IBM has accepted the Company’s invitation to work with its Board
of Directors in an advisory role. Mr. Lund will provide strategic
guidance to the Company’s Board and management team, lending from
his extensive experience in the Cryptocurrency, Blockchain, and
Financial Services industries.
As the Company seeks to expand its footprint in the emerging
global digital economy, the Board will reap the benefit of Mr.
Lund’s extensive list of relationships and in depth knowledge of
opportunities to consider for acquisition, as well as his guidance
on whether to build or acquire businesses that may offer the best
opportunities for future growth for the Company.
Marathon’s Chairman and CEO Merrick Okamoto stated, “We are
honored to have someone with Jesse’s experience and understanding
of this rapidly changing landscape offer us his unique perspective
on business opportunities he believes we should focus on and
potential introductions. In addition, we also look forward to
working with him as he uses his best efforts to help us monetize
our patent portfolio.”
Mr. Lund stated, “I look forward to working with the team at
Marathon to evaluate potential business combinations that we feel
could offer a path for accelerated growth and adoption.”
Investor Notice
Investing in our securities involves a high degree of risk.
Before making an investment decision, you should carefully consider
the risks, uncertainties and forward-looking statements described
under "Risk Factors" in Item 1A of our most recent Annual Report on
Form 10-K for the fiscal year ended December 31, 2018. If any of
these risks were to occur, our business, financial condition or
results of operations would likely suffer. In that event, the value
of our securities could decline, and you could lose part or all of
your investment. The risks and uncertainties we describe are not
the only ones facing us. Additional risks not presently known to us
or that we currently deem immaterial may also impair our business
operations. In addition, our past financial performance may not be
a reliable indicator of future performance, and historical trends
should not be used to anticipate results in the future. See "Safe
Harbor" below.
Forward-Looking Statements
Statements made in this press release include 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. Forward-looking statements can be identified by the use of
words such as “may,” “will,” “plan,” “should,” “expect,”
“anticipate,” “estimate,” “continue,” or comparable terminology.
Such forward-looking statements are inherently subject to certain
risks, trends and uncertainties, many of which the Company cannot
predict with accuracy and some of which the Company might not even
anticipate, and involve factors that may cause actual results to
differ materially from those projected or suggested. Readers are
cautioned not to place undue reliance on these forward-looking
statements and are advised to consider the factors listed above
together with the additional factors under the heading “Risk
Factors” in the Company's Annual Reports on Form 10-K, as may be
supplemented or amended by the Company's Quarterly Reports on Form
10-Q. The Company assumes no obligation to update or supplement
forward-looking statements that become untrue because of subsequent
events, new information or otherwise.
CONTACT INFORMATION
Name: Jason Assad Phone: 678-570-6791
Email: Jason@marathonpg.com
MARA (NASDAQ:MARA)
Historical Stock Chart
From Aug 2024 to Sep 2024
MARA (NASDAQ:MARA)
Historical Stock Chart
From Sep 2023 to Sep 2024