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Peer To Peer Network (PTOP) Retains Patent Infringement Counsel as PTOP Moves to Consolidate the Digital Business Card Industry and Enforce Its Intellectual Property Portfolio
Prism Media Wire· 2025-12-02 13:13
Peer To Peer Network (PTOP) Retains Patent Infringement Counsel as PTOP Moves to Consolidate the Digital Business Card Industry and Enforce Its Intellectual Property Portfolio The Company hires LSC IP to enforce its digital business card patents, drive consolidation, and offer rivals merger or licensing options.Peer To Peer Network (OTC: PTOP) (“PTOP”) retains LSC IP to enforce its fully granted U.S. utility patents, marking the start of formal infringement actions.Competitors are offered three choices: me ...
Peer To Peer Network (PTOP) Retains Patent Infringement Counsel as PTOP Moves to Consolidate the Digital Business Card Industry and Enforce Its Intellectual Property Portfolio
Globenewswire· 2025-12-02 13:00
BOSTON, Dec. 02, 2025 (GLOBE NEWSWIRE) -- Peer To Peer Network, Inc. (OTC: PTOP), the original inventor of the digital business card, or “Electronic Interactive Business Card Mobile Software System With Customer Relationship Management Database” announced today that it has formally retained a law firm to enforce its fully granted U.S. Utility Patents 10,616,368 and 10,270,880. This strategic action positions PTOP to consolidate and lead a digital business card industry projected to reach $300 billion by 203 ...
Peer To Peer Network (OTC: PTOP) Announces Successful Completion of Mobicard™1.5 Beta Testing and Full-Scale Development of Mobicard™2.0
Prism Media Wire· 2025-11-04 15:30
Core Insights - Peer To Peer Network, Inc. (OTC: PTOP) has successfully completed the Mobicard™1.5 Beta Test Program and is now moving into full-scale development of Mobicard™2.0, a next-generation digital business card platform [3][4]. Group 1: Product Development - The Mobicard™1.5 Beta Test Program is complete, and full-scale development of Mobicard™2.0 has commenced following a review call on November 3, 2025 [6][10]. - Interim versions 1.7 and 1.8 are being developed to accelerate revenue generation [6][10]. - Mobicard™2.0 is expected to redefine professional networking and will be released in early 2026 [8][10]. Group 2: User Engagement and Marketing - Users who sign up for Mobicard™ now will receive free access to Mobicard™2.0 upon its release [6][10]. - A new digital advertising campaign has launched, featuring prominent placements in New York City, including ads on the NASDAQ Jumbotron and Reuters billboards [12][13]. Group 3: Financial Performance - For the three months ended May 31, 2024, PTOP reported net sales of $5,031,038, a 39.5% increase from $3,603,018 in the same period of 2023 [12]. - The company achieved a net income of $330,837, compared to a net income of $53,406 in the prior year [12]. - Operating income improved to $238,296 from a loss of $91,616 year-over-year [12]. Group 4: Innovation and Intellectual Property - The company emphasizes its commitment to patent-backed innovation, citing U.S. Patent 10,616,368, which covers its digital business card technology [6][9]. - Mobicard™2.0 will introduce several new, patent-covered features that are not currently available in the digital business card industry [10].
Peer To Peer Network (OTC: PTOP) Announces Successful Completion of Mobicard™1.5 Beta Testing and Full-Scale Development of Mobicard™2.0
Globenewswire· 2025-11-04 15:30
Core Insights - Peer To Peer Network, Inc. (PTOP) has successfully completed the Mobicard™1.5 Beta Test Program and is moving into full-scale production for Mobicard™2.0, a next-generation digital business card platform [1][5] Group 1: Product Development - The Mobicard™1.5 Beta Test Program is now complete [6] - Mobicard™2.0 will introduce several new, patent-covered features that are not currently available in the digital business card industry [6] - A version 1.7 may be delivered within the next 90 days, indicating rapid development and innovation [4] Group 2: Market Positioning - Mobicard™2.0 is expected to redefine how professionals connect, track, and manage their digital identity, reinforcing PTOP's position as a first-to-market leader [4] - Users who sign up for Mobicard™ prior to the launch of version 2.0 will receive free access, enhancing user acquisition strategies [6] Group 3: Revenue Generation - Mobicard™2.0 is anticipated to generate new revenue streams for PTOP and positively impact the company's bottom line [6] - The company is committed to continuous innovation and user-driven development, which is expected to accelerate adoption and user growth [2] Group 4: Marketing Initiatives - A new digital advertising campaign has launched, featuring prominent placements in New York City, including ads on the NASDAQ Jumbotron and Reuters triple billboards [8] - This campaign aims to increase brand visibility and investor awareness, marking a significant step in PTOP's marketing strategy [8]
Peer-to-Peer Network to Hold Shareholder Vote to Reduce Authorized Shares by 95% – Commits to 5:1 Capital Structure – Authorized/IO
Prism Media Wire· 2025-10-21 13:01
Core Insights - Peer-to-Peer Network (OTC: PTOPD) is holding a shareholder vote on October 27, 2025, to reduce authorized shares by approximately 95%, aimed at enhancing shareholder value and strategic flexibility for future growth and acquisitions [2][5][15] Capital Structure - The company plans to align its authorized share count to a 5:1 ratio of authorized to issued and outstanding shares after the reduction [7] - This reduction is intended to protect shareholder equity and maintain a high-integrity capital structure [11] Strategic Initiatives - Remaining authorized shares will be allocated for strategic initiatives, including future acquisitions, partnerships, and product development, rather than routine operations [11] - The company anticipates minimal operational capital needs over the next six months and plans to limit financing activities [11] Product Development - MobiCard™, the first publicly traded digital business card, is set to launch its 2.0 version in early 2026, featuring enhanced scalability and intelligent networking capabilities [3][11] - The company is also integrating AI solutions through a partnership with Intelligence Labs AI to improve investor relations and data-driven decision-making [4][13] Future Outlook - Peer-to-Peer Network expects to drive meaningful revenue growth in 2026, supported by the launch of AI solutions and ongoing negotiations for a B2B AI solutions reseller agreement [11]
PTOP Signs LOI with INS Digital Intelligence to Launch New AI Division and Gives Update on Reverse
Globenewswire· 2025-09-30 14:00
Core Insights - Peer to Peer Network, Inc. (PTOP) has signed a Letter of Intent (LOI) with INS Digital Intelligence LLC to establish a new AI-focused division within PTOP [1][2] - The collaboration aims to develop proprietary AI solutions for B2B markets, enhancing tools for communications automation, audience engagement, website optimization, and data management [2] - The integration of AI into PTOP's MOBICARD™ platform is seen as a natural evolution in the digital business card industry, with potential for new revenue channels [4][5] Company Strategy - The partnership with INS allows PTOP to quickly enter the AI space while minimizing risks, leveraging Derek McCarthy's expertise in AI product development [3][5] - The company is pursuing a dual-track strategy to advance its core MOBICARD™ platform while exploring AI opportunities for accelerated growth [4] - Management views the expansion into AI as a value enhancer for shareholders, with expectations of unlocking new revenue pathways and long-term returns [5] Financial Goals - Derek McCarthy aims to drive revenue for the new AI division to between $800,000 and $1 million within the next 12–18 months, with a potential spin-out of a new public company if successful [7] - PTOP recently completed a 1-for-400 reverse stock split to consolidate its share structure, improve capital management, and attract new investors [8] Market Positioning - The reverse stock split positions PTOP to meet listing requirements for higher-tier markets, signaling a new phase focused on growth and scalability [8] - The company is committed to delivering innovative tools that enhance digital engagement and create new growth opportunities [10] Leadership Vision - CEO Josh Sodaitis emphasizes a commitment to driving higher valuation through user growth, product expansion, and strategic execution [9] - The company is entering an "Accelerated Growth Phase," with a focus on scaling adoption and enhancing its core platform [9]