DSS produces an array of printed materials, such as security paper, vital records, prescription paper, birth certificates, receipts, manuals, identification materials, entertainment tickets, coupons, parts tracking forms, brochures, direct mailing pieces, catalogs, and business cards.
MGT Capital Investments (MGT), a intelligent property right company, filed a lawsuit claiming patent infringement against multiple companies believed to be violating MGT Gaming's United States Patent No. 7,892,088 entitled "Gaming Device Having a Second Separate Bonusing Event " on Nov 5th. MGT estimates that each play slot machine generates about $4000 per day in revenue for the casinos, or $1.46 million annually. With 10,000 allegedly infringing machines, the annual revenue for casinos is $14.6 billion. If the defendants were to pay MGT a 1% royalty, MGT could receive $146 million annually, or $1.46 billion over the 10 year life of the patent (before taxes and legal fees).
This should be a really great opportunity for investing MGT. With lots of royalties that will become MGT’s revenue, it has a high potential to double its stock price. Once Wall Street realizes MGT is an undervalued, well-funded company with solid IP shooting at a $4.5 billion potential recovery, the share price should at least double |