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Peer To Peer Network (PTOP) Retains Patent Infringement Counsel as PTOP Moves to Consolidate the Digital Business Card Industry and Enforce Its Intellectual Property Portfolio

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Peer To Peer Network (OTC: PTOP) retained patent litigation counsel LSC IP (Lambert, Shortell, Connaughton) on Nov 25, 2025 to enforce two fully granted U.S. utility patents: 10,616,368 and 10,270,880. The company says these patents underpin most digital business card platforms and plans to consolidate the sector with enforcement, licensing, mergers, or royalty deals.

PTOP cites a projected $300 billion digital business card market by 2032 and says further updates are expected in the coming weeks.

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Positive

  • Retained counsel LSC IP on Nov 25, 2025
  • Two granted patents: 10,616,368 and 10,270,880
  • Targets a $300 billion market by 2032
  • Offers competitors three options: merge, license, or royalty

Negative

  • None.

News Market Reaction

-0.27%
1 alert
-0.27% News Effect

On the day this news was published, PTOP declined 0.27%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Utility patents count: 2 patents Patent number: 10,616,368 Patent number: 10,270,880 +3 more
6 metrics
Utility patents count 2 patents Fully granted U.S. utility patents underpinning PTOP’s digital business card system
Patent number 10,616,368 U.S. utility patent cited as core to digital business card architecture
Patent number 10,270,880 Second U.S. utility patent cited for PTOP’s technology
Market size projection $300 billion Projected digital business card industry size by 2032
Projection year 2032 Year for projected $300 billion digital business card market
Counsel engagement date November 25, 2025 Date PTOP engaged LSC IP for patent enforcement

Market Reality Check

Price: $0.0510 Vol: Volume 467,940 is 5.21x t...
high vol
$0.0510 Last Close
Volume Volume 467,940 is 5.21x the 20-day average of 89,796, indicating unusually heavy trading before this news. high
Technical Price at 0.065836 is trading below the 200-day MA at 0.09 and is 65.35% under the 52-week high.

Peers on Argus

PTOP was down 3.56% with high volume, while key peers were mostly flat; one peer...

PTOP was down 3.56% with high volume, while key peers were mostly flat; one peer, DSNY, rose 23.9%, suggesting PTOP’s action was stock-specific rather than a broad software-sector move.

Historical Context

5 past events · Latest: Dec 02 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Dec 02 Patent enforcement move Positive -0.3% Retention of IP litigation counsel to enforce two granted U.S. patents.
Dec 01 AI division targets Positive +0.0% Outlined PTOP Intelligence Labs revenue targets and potential spin-out plan.
Nov 20 Investor Q&A call Positive +3.4% Announced open call on AI commercialization strategy with new division president.
Nov 12 AI product deployment Positive +12.5% Installed initial AI product stack on corporate site for live testing.
Nov 06 Governance & shares Positive -20.0% Shareholder approval to reduce authorized shares and other governance changes.
Pattern Detected

Recent positive announcements often produced mixed reactions: strong gains on some AI product milestones, but flat or negative moves on governance and strategic updates, including this patent-enforcement news.

Recent Company History

This announcement continues a busy period for Peer To Peer Network. On Oct 28, 2025, shareholders approved measures including an anti-dilution reduction of authorized shares. In mid‑November, PTOP highlighted its AI-focused Intelligence Labs division, first via a new AI product suite on Nov 12 and then through an open Q&A call outlining a 2026 commercialization strategy. On Nov 27, PTOP detailed Intelligence Labs’ revenue targets, and now, as of Nov 25, it has retained counsel to enforce its digital business card patents and pursue consolidation.

Market Pulse Summary

This announcement details PTOP’s move to enforce its fully granted U.S. utility patents 10,616,368 a...
Analysis

This announcement details PTOP’s move to enforce its fully granted U.S. utility patents 10,616,368 and 10,270,880 as it seeks to consolidate a digital business card market projected at $300 billion by 2032. Investors may track whether competitors accept licensing, royalty, or merger arrangements and how quickly legal actions translate into tangible agreements, especially given PTOP’s recent AI product initiatives and shareholder-approved capital structure changes.

Key Terms

utility patents, customer relationship management, intellectual property, patent & trademark, +4 more
8 terms
utility patents regulatory
"it has formally retained a law firm to enforce its fully granted U.S. Utility Patents 10,616,368"
Utility patents are government-granted, time-limited exclusive rights that protect how an invention works — its process, machine, composition, or method — preventing others from making, using, or selling the same functional idea without permission. For investors, they matter because they can create a fence around a product or technology, supporting higher margins, licensing income, or a defensible market position, much like a temporary lock on a unique tool or process.
customer relationship management technical
"Electronic Interactive Business Card Mobile Software System With Customer Relationship Management Database"
Customer relationship management is the system of tools and practices a company uses to track every interaction with customers—like a combined address book, purchase history, and reminder system that sales and support teams use to keep relationships healthy. Investors care because strong CRM helps a company keep customers coming back, predict future revenue more accurately, lower sales and marketing costs, and signal whether growth is sustainable or at risk.
intellectual property regulatory
"moves to consolidate the Digital Business Card Industry and Enforce Its Intellectual Property Portfolio"
Intellectual property are legal rights that protect creations of the mind—such as inventions, brand names, designs, software, or secret formulas—giving the owner control over who can use, copy or sell them. For investors, IP is like owning a blueprint or recipe: it can generate steady income through exclusive sales or licensing, boost a company’s competitive edge and valuation, and also create costs or risks if rights must be defended or challenged in court.
patent & trademark regulatory
"United States Patent & Trademark Office. When litigation and other IP enforcement controversies arise"
Patents protect new inventions or processes by giving a company exclusive rights to use or license them for a limited time, like putting a lock on a unique recipe so others can’t copy it; trademarks protect brand identifiers—names, logos, or slogans—so customers can tell one company’s products from another’s, like a distinctive label on a product. For investors, these protections matter because they help preserve pricing power, revenue streams and market share, enable licensing income, and also carry potential legal costs or expiration risks that affect a company’s value.
litigation regulatory
"results-oriented litigation team has a successful track record of handing complex intellectual property disputes"
Litigation is the formal process of resolving disputes through the court system, where one party sues another and a judge or jury decides the outcome. For investors it matters because lawsuits can lead to large fines, settlement costs, injunctions or changes in business operations that reduce profits or create uncertainty—like a costly, public argument that can divert management time, drain cash and change the company’s future prospects.
royalty agreement financial
"offer competitors three clear options: Merge with PTOPPay a licensing feeEnter a royalty agreement for every product sold"
A royalty agreement is a contract that lets one party use an asset—like a patent, brand, mineral rights, or creative work—in exchange for regular payments tied to sales, production, or revenue. For investors it matters because royalties create predictable income streams or obligations that affect a company’s cash flow, valuation and risk profile, similar to collecting rent from a tenant or paying a landlord for use of property.
licensing fee financial
"offer competitors three clear options: Merge with PTOPPay a licensing feeEnter a royalty agreement"
A licensing fee is a payment one company or person makes to another in exchange for the right to use intellectual property, technology, a brand name, or other protected assets—think of it like paying rent or a subscription to use someone else’s tools or logo. For investors, licensing fees signal how a business can convert its intangible assets into predictable revenue, affect profit margins and cash flow, and indicate how scalable or risky a company’s growth might be.
patent enforcement regulatory
"one of the most famous examples of U.S. patent enforcement—the Wright Brothers"
Patent enforcement is the process by which a company uses legal tools—such as cease-and-desist letters, licensing negotiations, or court actions—to stop others from copying or using its patented inventions. For investors, it matters because strong enforcement can protect a company's revenue and market edge like a locked fence around a product, while weak or costly enforcement can lead to lost sales, expensive legal battles, or uncertain future profits.

AI-generated analysis. Not financial advice.

BOSTON, Dec. 02, 2025 (GLOBE NEWSWIRE) -- Peer To Peer Network, Inc. (OTC: PTOP), the original inventor of the digital business card, or “Electronic Interactive Business Card Mobile Software System With Customer Relationship Management Database” announced today that it has formally retained a law firm to enforce its fully granted U.S. Utility Patents 10,616,368 and 10,270,880. This strategic action positions PTOP to consolidate and lead a digital business card industry projected to reach $300 billion by 2032.

Peer To Peer Network (PTOP) Retains Patent Infringement Counsel

On November 25th, PTOP engaged LSC IP – Lambert, Shortell, Connaughton out of 100 Franklin Street, Boston, MA. Patent & Trademark Attorneys Serving Boston & Nashua New Hampshire - Lambert Shortell & Connaughton Law Firm LSC IP’s knowledgeable and results-oriented litigation team has a successful track record of handing complex intellectual property disputes in district courts, state courts, and the United States Patent & Trademark Office. When litigation and other IP enforcement controversies arise, LSC IP’s experienced trial lawyers are eager to protect and advance the interests of clients. Attorneys at the firm have litigated cases before juries and judges on behalf of and against individuals, small businesses, large corporations, individual states, and the United States of America. The firm’s current litigation team has a proven record in representing clients that range from large multinational companies to local businesses.

And the message is simple:
The era of infringing on MOBICARD’s patented technology is over.

Chairman & CEO Joshua Sodaitis, inventor of the patented electronic interactive business card system, stated that the company’s goal is not to eliminate competitors, but to unify the market under one powerful ecosystem.

“Having our competitors come under the tent of PTOP will not only enhance the brand but help them grow and prosper,” said Sodaitis.

“As the inventor of the digital business card, I would rather not put people out of business. I would rather they join our team, keep their organizations in place, and merge into Peer To Peer Network. Together, we can build a much stronger entity that benefits all founders involved.”

PTOP’s patents cover the foundational architecture that today powers nearly every digital business card platform. With enforcement actions now underway, the company intends to offer competitors three clear options:

  1. Merge with PTOP
  2. Pay a licensing fee
  3. Enter a royalty agreement for every product sold

THE WRIGHT BROTHERS DID IT FIRST. NOW PTOP IS DOING IT.

The move echoes one of the most famous examples of U.S. patent enforcement—the Wright Brothers, who leveraged their aircraft control system patent to shape and protect the early aviation industry. Their success established the model for how strong utility patents can structure an entire market.

Just as the Wright Brothers shaped and controlled the aviation industry with a single groundbreaking patent, PTOP is preparing to reshape the entire digital business card landscape.

The comparison isn’t metaphorical — it’s tactical.

“Our utility patents are fully granted, enforceable, and extremely powerful. We will use them exactly the way the Wright Brothers used theirs — with precision, confidence, and the intention to define an entire industry.” Joshua Sodaitis, Chairman & CEO, Inventor of the Digital Business.

Sodaitis continued: “PTOP is committed to protecting the technology we developed while maintaining a collaborative posture toward companies currently infringing on our patents. We see clear pathways for constructive engagement, including licensing and partnership agreements.”

In a forceful message to the entire sector, Chairman & CEO Joshua Sodaitis made PTOP’s intentions crystal clear:

“We created this category. We own the patents. We set the rules.
PTOP is here to unify the market — voluntarily or otherwise.”

And with global adoption accelerating, it’s fair to say:
PTOP’s consolidation plan may establish the company as the unavoidable, unshakeable market leader.

With the digital business card sector now scaling globally, some analysts believe the consolidation strategy may establish PTOP as the definitive industry leader. The company is getting ready to enter discussions with multiple competitors and expects additional updates in the coming weeks.

Joshua Sodaitis, Chairman & CEO, Inventor of the Digital Business Card

About Peer To Peer Network (PTOP)

Peer To Peer Network, Inc. is a publicly traded technology company (OTC: PTOP) and the original inventor of the digital business card. With multiple fully granted U.S. utility patents protecting its electronic interactive business card system, PTOP is positioned as the category creator and future consolidator of a projected $300 billion market. PTOP is headquartered in Massachusetts and operates the new AI division, PTOP Intelligence Labs.

Media Contact

Peer To Peer Network, Inc.
Investor Relations
Email: info@ptopnetwork.com
Website: www.PTOPnetwork.com

Photos accompanying this announcement are available at: 
https://www.globenewswire.com/NewsRoom/AttachmentNg/86b1927e-49e0-49bb-89de-ea3a3861547c
https://www.globenewswire.com/NewsRoom/AttachmentNg/4cca7065-e732-431d-8724-77d4555799df


FAQ

What patents is PTOP enforcing and what are their numbers?

PTOP is enforcing two fully granted U.S. utility patents: 10,616,368 and 10,270,880.

When did PTOP retain patent counsel and which firm was hired?

PTOP engaged LSC IP (Lambert, Shortell, Connaughton) on November 25, 2025 to handle enforcement.

What consolidation options is PTOP offering competitors (OTC: PTOP)?

PTOP says competitors may merge with PTOP, pay a licensing fee, or enter a royalty agreement for products sold.

How large does PTOP say the digital business card market will be and by when?

PTOP cites a projected market size of $300 billion by 2032.

Will PTOP provide further updates about enforcement and consolidation?

The company expects to enter discussions with multiple competitors and plans to provide additional updates in the coming weeks.
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