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Rightscorp, Inc. (OTC PINK:RIHT) has achieved significant legal victories over recent months. A federal jury verdict on November 3 ordered Grande Communications Networks LLC to pay $46.7 million for copyright infringement of over 1,400 works, reinforcing Rightscorp's role in digital anti-piracy. Additionally, a Florida court dismissed a lawsuit from American Films against Rightscorp, with expectations for further dismissals. The company monetizes copyrighted IP and anticipates tapping into a $2.3 billion opportunity while ensuring rightful compensation for content creators.
Rightscorp, Inc. (OTC PINK:RIHT) announced on June 24, 2022, the signing of a new contract with BMG for a litigation initiative, further establishing its operational compliance since September 2021. The company has successfully reduced its debt by $1.5 million and reported a series of litigation victories, underscoring its expertise. Upcoming developments are anticipated, including an investor update. Notably, Rightscorp operates within a market with a $2.3 billion opportunity related to copyright infringement monetization.
Rightscorp (OTC PINK:RIHT) has achieved Pink Sheet Current Information status with OTC Markets Group as of November 10, 2021, after becoming a limited information filer in September. This new designation follows the acceptance of their legal opinion by OTC Markets. The company plans to pursue SEC reporting status with audited financial statements, aiming for a listing on the OTCQB platform. Rightscorp focuses on monetizing copyrights related to digital content, targeting a $2.3 billion opportunity by addressing copyright infringement through Internet Service Providers.
Rightscorp, Inc. (OTC PINK:RIHT) has announced a shift to a limited information filer status on OTC Markets, allowing the removal of certain warning notices. The company previously filed a Form 15 in March 2018 to minimize legal costs and is now poised to resume reporting requirements. The impacts of Covid-19 delayed litigation services but are expected to recover soon. Rightscorp aims to become a fully SEC reporting company, monetizing copyrighted Intellectual Property through its innovative digital loss prevention technology, targeting a significant market opportunity of approximately $2.3 billion.
Rightscorp, Inc. (RIHT) has filed a new OTCIQ order form with OTC Markets as of May 17, 2021. The application is currently pending while the company addresses compliance issues. Rightscorp aims to provide updates regarding its efforts to achieve full SEC compliance in the near future. The CEO, Cecil Bond Kyte, emphasizes that these developments could significantly impact the company's future. The announcement also includes a Safe Harbor statement regarding forward-looking information, highlighting potential risks and uncertainties that could affect actual results.
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