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Mobile Broadcasting Corp. Announces Approval of U.S. Patent Claims
Mobile Broadcasting Corp. Announces Approval of U.S. Patent Claims.
About this update from Sixty Six Oilfield Services, Inc.
[{"type":"text","content":"\n \n \n Mobile Broadcasting Corp. Announces Approval of U.S. Patent Claims\n \n \nMobile Broadcasting Corp. Announces Approval of U.S. Patent Claims\n \n PISCATAWAY, NEW JERSEY--(Marketwired - Sep 9, 2014) - Mobile Broadcasting Corp., a company formed by Mobile Broadcasting Holding, Inc. (PINKSHEETS:PROW), formerly Progress Watch Corporation, announced today that it has received notice from the U.S. Patent and Trademark Office that claims made in one of its two pending patent applications have been granted and a U.S. Patent will issue.\n The patent is entitled \"Communications Platform\" with respect to the Company's technology which enables smartphones and other mobile devices to live stream video and audio content over 4G LTE networks.\n Ken Bland, the Company's chief executive officer, stated, \"The issue of a patent covering the Company's claims to its planned communications platform is a huge step toward securing our claim on the space involving the mobile to mobile live streaming space between 4G LTE mobile and wireless devices.\"\n The Company's planned live-video streaming solution will enable its subscribers to broadcast live video from and receive it on mobile devices. The solution is planned to include a VOD component that will enable subscribers to view the recorded live stream at a later time.\n The Company is in process of preparing a registration statement which will enable Progress Watch to distribute a dividend in the Company's common stock to stockholders of Progress Watch on a record date to be established.\n SAFE HARBOR AND INFORMATIONAL STATEMENT\n This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), including all statements that are not statements of historical fact, regarding the intent, belief and expectations of the Company and its management with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words \"may\", \"would\", \"will\", \"expect\", \"estimate\", \"anticipate\", \"believe\", \"intend\" and similar expressions and variations thereof are intended to identify forward-looking s...