0001144204-13-056146.txt : 20131021 0001144204-13-056146.hdr.sgml : 20131021 20131021174751 ACCESSION NUMBER: 0001144204-13-056146 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20131017 FILED AS OF DATE: 20131021 DATE AS OF CHANGE: 20131021 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Marathon Patent Group, Inc. CENTRAL INDEX KEY: 0001507605 STANDARD INDUSTRIAL CLASSIFICATION: SANITARY SERVICES [4950] IRS NUMBER: 010949984 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2331 MILL ROAD, SUITE 100 CITY: ALEXANDRIA STATE: VA ZIP: 22314 BUSINESS PHONE: (703) 232-1701 MAIL ADDRESS: STREET 1: 2331 MILL ROAD, SUITE 100 CITY: ALEXANDRIA STATE: VA ZIP: 22314 FORMER COMPANY: FORMER CONFORMED NAME: American Strategic Minerals Corp DATE OF NAME CHANGE: 20111213 FORMER COMPANY: FORMER CONFORMED NAME: VERVE VENTURES INC DATE OF NAME CHANGE: 20101210 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Spangenberg Audrey CENTRAL INDEX KEY: 0001423724 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-54652 FILM NUMBER: 131162196 MAIL ADDRESS: STREET 1: TWO LINCOLN CENTRE STREET 2: 5420 LBJ FREEWAY, SUITE 750 CITY: DALLAS STATE: TX ZIP: 75240 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Acclaim Financial Group, LLC CENTRAL INDEX KEY: 0001423727 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-54652 FILM NUMBER: 131162197 BUSINESS ADDRESS: STREET 1: 207C N. WASHINGTON AVE CITY: MARSHALL STATE: TX ZIP: 75670 BUSINESS PHONE: (214)438-0801 MAIL ADDRESS: STREET 1: 207C N. WASHINGTON AVE CITY: MARSHALL STATE: TX ZIP: 75670 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: TechDev Holdings, LLC CENTRAL INDEX KEY: 0001423728 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-54652 FILM NUMBER: 131162198 BUSINESS ADDRESS: STREET 1: 207C N. WASHINGTON AVE. CITY: MARSHALL STATE: TX ZIP: 75670 BUSINESS PHONE: (214)438-0801 MAIL ADDRESS: STREET 1: 207C N. WASHINGTON AVE. CITY: MARSHALL STATE: TX ZIP: 75670 FORMER NAME: FORMER CONFORMED NAME: Plutus IP, LLC DATE OF NAME CHANGE: 20080111 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SPANGENBERG ERICH CENTRAL INDEX KEY: 0001331984 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-54652 FILM NUMBER: 131162199 MAIL ADDRESS: STREET 1: 73 595 EL PASEO STREET 2: SUITE 2204 CITY: PALM DESERT STATE: CA ZIP: 92260 4 1 v357788_4.xml OWNERSHIP DOCUMENT X0306 4 2013-10-17 0 0001507605 Marathon Patent Group, Inc. MARA 0001331984 SPANGENBERG ERICH 2515 MCKINNEY AVENUE, SUITE 1000 DALLAS TX 75201 0 0 1 0 0001423728 TechDev Holdings, LLC 11700 PRESTON ROAD, SUITE 660-207 DALLAS TX 75201 0 0 1 0 0001423727 Acclaim Financial Group, LLC 11700 PRESTON ROAD, SUITE 660-207 DALLAS TX 75201 0 0 1 0 0001423724 Spangenberg Audrey 2515 MCKINNEY AVENUE, SUITE 1000-B DALLAS TX 75201 0 0 1 0 Common Stock, $0.0001 par value per share 2013-10-17 4 P 0 150000 A 150000 I By TT IP, LLC Common Stock, $0.0001 par value per share 48077 I By IPNav Capital, LLC Common Stock, $0.0001 par value per share 461539 I By TechDev Holdings, LLC Common Stock, $0.0001 par value per share 153847 D The restricted shares of common were acquired by TT IP, LLC ("TT IP") in consideration for the sale and assignment of certain patent assets pursuant to the Patent Purchase Agreement, dated as of October 17, 2013, by and between TT IP and the issuer. The restricted shares are subject to a forfeiture right for the benefit of the issuer in the event that a license to the purchased patents is not granted by or on behalf of the issuer (an "Enforcement Action") by the lapse of the period ending October 17, 2014 (the "Enforcement Period"). In the event that by the end of the Enforcement Period, no Enforcement Action is effected and the issuer exercises its reversion assignment right, then the Restricted Shares shall immediately forfeit to the issuer. (continued from footnote 1) The restricted shares shall be released from the forfeiture right upon the earlier of (i) an Enforcement Action being effected or (ii) the lapse of the 30 day period from the lapse of the Enforcement Period if the reversion assignment right is not exercised by the issuer. Represents shares held directly by TT IP. Erich Spangenberg is the sole member of TT IP. Accordingly, Erich Spangenberg may be deemed to beneficially own all of the shares that are owned by TT IP. Mr. Spangenberg disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission that Mr. Spangenberg is the beneficial owner of these securities for the purpose of Section 16 or for any other purpose. Represents shares held directly by IPNav Capital. IP Navigation Group, LLC is the sole member of IPNav Capital. Erich Spangenberg is the managing member and owner of 90% of the membership interests in IP Navigation Group, LLC. Accordingly, Erich Spangenberg may be deemed to beneficially own all of the shares that are owned by IPNav Capital. Mr. Spangenberg disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission that Mr. Spangenberg is the beneficial owner of these securities for the purpose of Section 16 or for any other purpose. Represents shares held directly by TechDev Holdings, LLC (f/k/a Plutus IP, LLC) ("TechDev") as reported on the Form 3 filed by the reporting persons on May 2, 2013. Acclaim Financial Group, LLC ("AFG") is the sole member of TechDev. Accordingly, AFG may be deemed to beneficially own all of the shares that are owned by TechDev. Audrey Spangenberg is the sole managing member of AFG, and accordingly may be deemed to beneficially own all of the shares that are owned by TechDev. Ms. Spangenberg disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission that Ms. Spangenberg is the beneficial owner of these securities for the purpose of Section 16 or for any other purpose. (continued from footnote 5) Erich Spangenberg, the spouse of Audrey Spangenberg, may be deemed to beneficially own all of the shares that are owned by Audrey Spangenberg. Mr. Spangenberg disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission that Mr. Spangenberg is the beneficial owner of these securities for the purpose of Section 16 or for any other purpose. Represents shares held directly by Erich Spangenberg as reported on the Form 3 filed by the reporting persons on May 2, 2013. Audrey Spangenberg, the spouse of Erich Spangenberg, may be deemed to beneficially own all of the shares that are owned by Erich Spangenberg. Ms. Spangenberg disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission that Ms. Spangenberg is the beneficial owner of these securities for the purpose of Section 16 or for any other purpose. TechDev Holdings, LLC, By: /s/ Audrey Spangenberg, Title: Manager 2013-10-21 Acclaim Financial Group, LLC, By: /s/ Audrey Spangenberg, Title: Managing Director 2013-10-21 Audrey Spangenberg, By: /s/ Audrey Spangenberg 2013-10-21 Erich Spangenberg, By: /s/ Erich Spangenberg 2013-10-21