Patent Properties Announces Walker Digital, LLC Private Sale Transaction

February 11th, 2014 by admin

Stamford, CT – February 11, 2014 – Patent Properties, Inc. (OTCQB: PPRO), an intellectual property company that develops and commercializes its unique portfolio of assets and is creating a disruptive licensing solution for the mass market of patent owners and users, announced today that its majority shareholder Walker Digital, LLC agreed to sell 5,000,000 shares of Patent Properties’ common stock at $3.00 per share to various investors. The transaction is expected to close later this week and Patent Properties has agreed to seek to register such shares by August 1, 2014.

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