Marathon Patent Group Engages Gateway to Lead Expanded Investor Relations Program
September 23 2020 - 8:15AM
Marathon Patent Group, Inc. (NASDAQ:MARA)
("Marathon" or "Company"), has appointed
Gateway
Investor Relations (“Gateway”), a leading strategic
financial communications and capital markets advisory firm, to
provide investor relations and consulting services to the company.
Gateway is a strategic financial communications firm
specializing in advising public companies across a broad range of
industry classifications. Founded in 1999, the firm provides
high-level capital markets consulting, corporate communications,
and investor outreach. The firm is also specifically experienced in
helping technology companies access and effectively navigate the
U.S. capital markets.
“As one of the only Nasdaq-listed cryptocurrency mining
companies in the U.S., Marathon is uniquely positioned to offer
investors a familiar, trusted, and transparent means of gaining
exposure to Bitcoin,” said Merrick Okamoto, Marathon’s chief
executive officer. “Over the past few months, we’ve completely
transformed the business by substantially improving our financial
position and establishing a consistent supply of the best miners
available by entering into an agreement to purchase 10,500 S-19 Pro
Miners from Bitmain. As a result, we are on track to become one of
the largest Bitcoin miners in North America, representing
approximately 1.2% of the global hashrate. With a clear path to
scaling efficiently and a growing appetite among the investment
community for exposure to our industry, we believe it is an
opportune time to engage Gateway to help us proactively evangelize
the Marathon story amongst the U.S investment community.”
Gateway will work closely with Marathon management to develop
and deploy a comprehensive capital markets program. Gateway will
also assist in organizing non-deal roadshows and securing
invitations to select financial conferences (including the Gateway
Conference) for Marathon management over the next 12 months.
About Gateway Investor RelationsGateway is a
leading strategic financial communications and capital markets
advisory firm. For more than 20 years, the firm has delivered
superior performance in strategic consulting, corporate messaging
and positioning, investor awareness, and analyst and financial
press coverage. Gateway executives have extensive experience in
capital markets and financial communications, and represent clients
in a wide range of industries, including technology, consumer,
industrials, financial services, and business services. To learn
more, please visit gatewayir.com or follow the firm on Twitter,
LinkedIn and Facebook.
Investor NoticeInvesting in Marathon’s
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 the Company’s most recent Annual Report on
Form 10-K for the fiscal year ended December 31, 2019. If any of
these risks were to occur, Marathon’s business, financial condition
or results of operations would likely suffer. In that event, the
value of the Company’s securities could decline, and you could lose
part or all of your investment. The risks and uncertainties
Marathon describes are not the only ones facing the Company.
Additional risks not presently known to Marathon or that Marathon
currently deems immaterial may also impair business operations. In
addition, the Company’s 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.
Future changes in network-wide mining difficulty rate or Bitcoin
hashrate may also materially affect the future performance of
Marathon's production of Bitcoin.
Forward-Looking StatementsStatements 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.
Marathon Patent Group Company
Contact:Jason AssadTelephone:
678-570-6791Email: Jason@marathonpg.com
Marathon Patent Group Investor
Contact:Gateway Investor RelationsMatt Glover and Charlie
Schumacher Telephone: 949-574-3860Email: MARA@gatewayir.com
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