Comarco, Inc. (OTCMKTS:CMRO) Files An 8-K Other EventsItem 8.01.
Other Events.
As previously reported, on February 3, 2015, Comarco, Inc., through its wholly-owned subsidiary Comarco Wireless Technologies, Inc. (collectively, “we”, “our”, “Comarco”, “us”, or “the Company”), filed a lawsuit (Case No. 8:15-cv-00145) for patent infringement against Apple, Inc. (“Apple”) in the United States District Court for the Central District of California. Our complaint alleges that Apple products sold in the United States utilizing the Apple Lightning® power supply adapter system, including most iPad®, iPhone®, and iPod® products, infringe our patented intellectual property.
In September of 2015, Apple filed a petition with the Patent Trial and Appeal Board (the “PTAB”) of the United States Patent and Trademark Office requesting inter partes review of our U.S. Patent No. 8,492,933 B2 (the “933 Patent”). On February 22, 2017, the PTAB issued its finding, ruling that Apple had shown, by a preponderance of the evidence, that the claims made by Comarco under the 933 Patent are unpatentable under United States law.
We are currently analyzing our options in response to the PTAB’s ruling, including the possibility of appealing the PTAB’s ruling to the Court of Appeals for the Federal Circuit. In the event that Comarco elects to appeal the ruling, we estimate that the appeals process will require approximately 12 months to run its course. Should Comarco elect to appeal the ruling, Comarco may require incremental financing in order to pursue the appeal to conclusion.
About Comarco, Inc. (OTCMKTS:CMRO)
Comarco, Inc. is primarily focused on realizing value from its ongoing intellectual property (IP) enforcement actions and other litigation. The Company is also exploring opportunities to expand, protect and monetize its patent portfolio, including through the potential sale or licensing of its patent portfolio. The Company’s operations consist solely of the operations of its subsidiary, Comarco Wireless Technologies, Inc. The Company has not generated any revenues. Comarco, Inc. (OTCMKTS:CMRO) Recent Trading Information
Comarco, Inc. (OTCMKTS:CMRO) closed its last trading session 00.000 at 0.115 with 2,408 shares trading hands.