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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Rightscorp Inc (PK) | USOTC:RIHT | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.018025 | 0.011 | 0.0291 | 0.00 | 21:00:10 |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): September 17, 2014
RIGHTSCORP, INC.
(Exact name of registrant as specified in its charter)
Nevada | 000-55097 | 33-1219445 | ||
(State
or other jurisdiction of incorporation) |
(Commission File Number) |
(I.R.S.
Employer Identification Number) |
3100 Donald Douglas Loop North
Santa Monica, CA 90405
(Address of principal executive offices) (zip code)
310-751-7510
(Registrant’s telephone number, including area code)
Copies to:
Gregory Sichenzia, Esq.
Jeff Cahlon, Esq.
Sichenzia Ross Friedman Ference LLP
61 Broadway
New York, New York 10006
Phone: (212) 930-9700
Fax: (212) 930-9725
(Former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
[ ] | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
[ ] | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
[ ] | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
[ ] | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 8.01 Other Events.
On September 17, 2014, Rightscorp, Inc. issued a press release, a copy of which is attached as Exhibit 99.1 hereto.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
99.1 Press Release
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
RIGHTSCORP, INC. | ||
Dated: September 19, 2014 | By: | /s/ Christopher Sabec |
Name: | Christopher Sabec | |
Title: | Chief Executive Officer |
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Exhibit 99.1
Rightscorp’s Proprietary Technology Provides Key Solution for Peer-to Peer Copyright Infringement
Thirty Patents Pending Nationally and Internationally Secure the Company’s Leadership Position
Santa Monica, Calif. - September 17, 2014 – Rightscorp (OTCQB: RIHT), the leading provider of monetization services for artists and holders of copyrighted Intellectual Property (IP), reports that it currently has thirty patents pending worldwide to identify, monitor and monetize against peer-to-peer copyright infringement. Rightscorp’s proprietary patent-pending software protects copyright owners from digital loss and illegal downloads through the unauthorized online distribution of content such as music, movies, books, software, and games.
The patents pending are entitled as the following:
● | “SYSTEM TO IDENTIFY MULTIPLE COPYRIGHT INFRINGEMENTS” | |
● | “SYSTEM AND METHOD FOR DETERMINING COPYRIGHT INFRINGEMENT AND COLLECTING ROYALTIES THEREFOR” | |
● | “SYSTEM TO IDENTIFY MULTIPLE COPYRIGHT INFRINGEMENTS AND COLLECTING ROYALTIES” | |
● | “SYSTEM TO IDENTIFY MULTIPLE COPYRIGHT INFRINGEMENTS” | |
● | “CYBERLOCKER ENFORCEMENT SYSTEM AND METHOD” |
“We believe we offer the best viable solution on the market and have 30 patents pending to protect our innovative technology,” said Christopher Sabec, CEO of Rightscorp. “We will continue to lead the way in protecting copyright owners from infringement and ensure they are properly compensated for their assets.”
The Company represents more than 1.5 million copyrights and has partnered with major motion picture studios, numerous platinum recording artists, songwriters, Academy Award-winning films, and top TV shows. Rightscorp has already received settlements from subscribers of more than 140 ISPs and closed over 100,000 cases of copyright infringement to date.
About Rightscorp, Inc.
Rightscorp (OTCQB: RIHT) is a leading provider of monetization services for artists and holders of copyrighted Intellectual Property (IP). The Company’s patent pending digital loss prevention technology focuses on the infringement of digital content such as music, movies, software, books and games and ensures that owners and creators are rightfully paid for their IP. Rightscorp implements existing laws to solve copyright infringements by collecting payments from illegal file sharing activities via notifications sent through Internet Service Providers (ISPs). The Company’s technology identifies copyright infringers, who are offered a reasonable settlement option when compared to the legal liability defined in the Digital Millennium Copyrights Act (DMCA). Based on the fact that 22% of all Internet traffic is used to distribute copyrighted content without permission or compensation to the creators, Rightscorp is pursuing an estimated $2.3 billion opportunity and has monetized major media titles through relationships with industry leaders. http://www.rightscorp.com/
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Safe Harbor Statement
This press release may include forward-looking statements. All statements other than statements of historical fact included in this press release, including, without limitation, statements regarding the Company’s anticipated financial position, business strategy and plans and objectives of management of the Company for future operations, are forward-looking statements. When used in this press release, words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the beliefs of the Company’s management as well as assumptions made by and information currently available to the Company’s management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors not limited to, general economic and business conditions, competitive factors, changes in business strategy or development plans, the ability to attract and retain qualified personnel, and changes in legal and regulatory requirements. Such forward-looking statements reflect the current views of the Company with respect to future events and are subject to these and other risks, uncertainties and assumptions relating to the operations, results of operations, growth strategy and liquidity of the Company. All subsequent written and oral forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by this paragraph.
For further investor and media information contact:
Andrew Haag
Managing Partner
IRTH Communications
rightscorp@irthcommunications.com
1-866-976-4784
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