This Tempe based media company continues its rise and for anyone not paying attention they have several lawsuits against the big boys for patent infringement. Henry Blodgett called them “Patent Trolls” and in typical Henry Blodgett style he is under informed and wrong. Not sure how anyone can subscribe to his blather knowing he was big proponent of Time Warner absorbing AOL.
But let’s move forward, Modavox salesman wouldn’t know a troll if it bit them. These guys sell, and they keep doing deals while they negotiate versus litigate on a few fronts. I have followed this story since the stock was 12 cents 3 years ago and granted – it has been a slow ride but management continues to clean up messes from the previous C-Level management team and has been called by many as the “brightest young team around.” CEO David Ide and CIO Nate Bradley burn the oil late into the night knowing that media stocks are hot this year.
Modavox is an online media distribution company and the leading developer of innovative software products that enhance, enable and protect global network based communications. Modavox is divided into two operational divisions: Internet Radio and Interactive Solutions.
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