Rightscorp

Why are Rightscorp’s principals shy to mention their past endeavors?

In a recent letter to shareholders, the CEO of an anti-piracy outfit Rightscorp, Christopher Sabec, said (emphasis is mine):

Rightscorp’s game-changing solution to the problem of multi-billion dollar digital theft provides monetary remedies to the holders of violated copyrights. […] At Rightscorp, our unique proprietary patent-pending technology crawls the internet, identifies repeat infringers of copyrighted material, alerts the ISPs who then forward a letter warning infringers that they could be liable for $150,000 in damages and provides a link to a reasonable $20 settlement offer per infringement. If the infringer accepts the settlement, our automated system sends half of the payment to the copyright holder. Repeat infringers have seen their service terminated by their ISPs for non-payment of Rightscorp notices. Our technology is unique — while other technologies identify illegal downloaders, our technology is the only one in the market that detects, tracks, and documents repeat infringers.

Christopher SabecChristopher Sabec
(PayArtists / Rightscorp)

Bragging about the “unique,” “game-changing” technology caught my attention: shaking down peer-to-peer filesharers (and innocents who were caught in the wide net of poorly developed “proprietary technologies”) is not new. So it sounded implausible that Rightscorp’s approach was indeed that novel.

I recently wrote about a ridiculous way of boosting one’s significance by buying fake Twitter followers. Rightscorp’s Twitter account, with or without its owners’ blessing, is apparently one of such accounts as it has hundreds of faux followers. While hardly significant by themselves, facts like this result in a reasonable suspicion, which in turn drives the curiosity, and hence the willingness to travel down the rabbit hole.

Nexicon
Sam GlinesSam Glines
(Nexicon / Norse)

Let’s go back to 2008. Once upon a time there was a fine company called Nexicon. TorrentFreak reported:

Some people might remember Nexicon from the Getamnesty site we mentioned in the past, or perhaps as the Youtube copyright cops. The company has a history as a cigarette retailer but went on to hunt pirates after they were sued for selling smokes to minors and failing to report their sales to the tax office.

After its transformation into a pirate tracking outfit Nexicon launched its Getamnesty program which offers copyright holders a chance to turn piracy into profit. They cleverly circumvent privacy protection laws by using ISPs to forward settlement requests for various copyright holders to alleged infringers. One of their most successful partner programs is the Payartists website which is a misleading name to say the least.

The money collected through Payartists is not going to any artists at all. The only artist they collect ‘settlements’ for on the site is Frank Zappa, and he passed away in 1993. All the settlement money collected now goes to The Zappa Family Trust which is headed by Zappa’s widow.

Techdirt’s and Wired’s articles about this company describe its questionable practices too.

Interesting fact: Nexicon spread the information that

Nexicon believes it has a valuable product on its hands and announced today that it has filed a patent application for Get Amnesty. The application, which has not yet been published on the USPTO’s website, aims to patent Nexicon’s MARC platform that analyzes “over 19 billion file transactions each day” with “specialized artificial intelligence” to validate the contents.

It seems to be a lie: no such application exists (and I assure you, Rightscorp’s principals are aware of it).

Tommy StiansenTommy Stiansen
(Nexicon / Norse)

After making a big initial buzz, the company disappeared from the business arena in 2011: its registration was revoked, its stock was delisted, and its domain name is now for sale by what appears to be Korean cyber-squatters. In addition, an ex-employee sued Nexicon’s principals for breach of contract.

Two of Nexicon’s key people, CEO Sam Glines and CTO Tommi Stiansen recently founded a “darknet attack intelligence” company Norse Corporation. Their long and intimate involvement with Nexicon is totally missing from their LinkedIn profiles, interviews, and Norse executives’ bios page. Obviously, both don’t like to be associated with their past fiasco.

Now, back to 2008.

PayArtists

What does it have to do with Rightscorp? The connection is more than direct. Both Roghtscorp’s key players, Robert Steele and Christopher Sabec, together with a musician and a Malibu businessman Tommy Funderburk, ran a “proto-Rightscorp” named PayArtists (already mentioned in the TorrentFreak’s article quoted above). In October 2008 they partnered with Nexicon to “provide GetAmnesty anti-piracy solution to the music industry”:

Nexicon, an emerging provider of next generation digital media protection and digital media business intelligence solutions, announced the formation of a partnership with PayArtists to provide anti-piracy services for the music catalog of the musician Frank Zappa. PayArtists will leverage Nexicon’s MARC technology platform and GetAmnesty product to help music artists, record labels and other copyright owners enforce their copyrights with music fans who have illegally downloaded protected music.

Bloomberg wrote on 10/9/2008:

PayArtists was formed by a group of three individuals that include Tommy Funderburk, an internationally recognized songwriter and recording artist, a prominent music industry lawyer, and an accomplished merchant banker. As exclusive rights holders to Nexicon’s applicable technologies to address anti-piracy worldwide in the music industry, PayArtists will monetize internet piracy of illegal music downloads, on behalf of copyright owners. Music fans who have illegally downloaded music from a PayArtists’ client will receive an infringement notice via email directing them to a unique artist-branded PayArtists site. Users then have the option to settle with PayArtists, on behalf of the copyright owner, to avoid potential litigation.

Tommy Funderburk
(PayArtists / Muzit)

So, it looks like our PayArtists trio didn’t have their own snooping and payment processing technology and simply acted as brokers for Nexicon’s infringement monetization solution.

How did this million-dollar idea work out? It looks like the word “success” is hardly applicable here, as

  • The company, registered on 12/30/2009 (C3267755), was suspended by the California Franchise Tax Board and silently disappeared (company’s last tweet is dated 6/30/11).
  • PayArtists.com now redirects to Muzit — a new Funderburk’s company that claims that it uses Bittorent snooping to “automatically send friendly marketing emails” to alleged infringers. If it is true, I totally back this business model, a model of engaging alleged pirates instead of shaking them down.
  • Both Steele and Sabec don’t mention this endeavor; their LinkedIn profiles don’t list PayArtist at all.
  • Tommy Funderburk has more than one LinkedIn profile. The first one, that does mention PayArtists, is most likely abandoned. It states that

    In 2010 Tommy founded PayArtists in response to the music industry’s failed policy of suing fans around the world for downloading music and other copyrighted material. […] PayArtists provides artists and other copyright owners a truly fan friendly business model and proprietary technology to connect with and market to the global P2P community.

    The second one is all about the abovementioned Muzit. Compare the bio to the first one:

    In 2010, Tommy founded Muzit Inc. in response to the music industry’s failed policy of suing fans around the world for downloading music and other copyrighted material. Muzit’s proprietary fan engagement platform employs patent pending technology and a truly fan friendly business model which forensically identifies individual, unauthorized downloaders of copyrighted content in real time and then automatically sends friendly marketing emails to those who use the over fifty networks like BitTorrent to acquire their music for free.

    Again, I praise Mr. Funderburk’s new approach if it is indeed about engaging the fans, not shaking them down. I only want to show how strongly he is trying to distance himself from one of his the past occupations, PayArtists — an extortion outfit.

[Update: TorrentFreak ran a story on 1/6/2016, and it confirms that Mr. Funderburk indeed developed a right, ethical approach to deal with illegal file-sharing. That makes me happy.]

Patent US20130097089
Robert SteeleRobert Steele
(PayArtists / Rightscorp)

When Rightscorp bullshits shows its potential to prospective investors, it doesn’t mention the past PayArtists fiasco. Instead, it brandishes its “patent-pending technology.” Indeed, on 4/2/2012 Robert Steele filed a patent application for “System to identify multiple copyright infringements.” I repeat the quote from Sabec I began this article with:

Our technology is unique — while other technologies identify illegal downloaders, our technology is the only one in the market that detects, tracks, and documents repeat infringers.

It seems that because it is clear that the process itself is not new, Sabec is trying to claim that detecting repeat infringers is the crux of the invention. Let’s find out how revolutionary it is. The patent application refers to “repeat infringer” as follows:

A repeat infringer may be detected by monitoring a predetermined threshold associated with the number of entries populating each generated data structure. For example, the method may provide that once a predetermined number (such as, for example, 5, 10, 20, or any positive number greater than 1) of data structure entries are identified that have substantially the same IP address and substantially the same port number […]

Robert Steele

To me, it doesn’t sound like a “game-changing,” ingenious discovery, but rather like a quote from a kindergarten math study book, but I’m not a patent attorney. After reading EFF’s “Stupid patent of the month,” I realize that anything is possible.

Other than that, all the other Rightscorp’s claims, such as

[…] our unique proprietary patent-pending technology crawls the internet, identifies repeat infringers of copyrighted material, alerts the ISPs who then forward a letter warning infringers that they could be liable for $150,000 in damages and provides a link to a reasonable $20 settlement offer per infringement.

have been (unsuccessfully) tried by Nexicon.

Again, I’m a dummy when it comes to patents and cannot vouch for the claim that Nexicon’s GetAmnesty infringement monetization solution can be considered a prior art (although to me it certainly is the case), I hope that specialists will have a look and clarify. Maybe R. Steele’s patent application is totally legit, I don’t know.

Nonetheless, it is clear that Rightscorp’s principals attempt to white out their past connection with an unsuccessful corporation (whose own principals attempt to white out their involvement in it), assumingly to attract new investors’ money for the business model that was tried in the past and failed.

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Discussion

16 responses to ‘Why are Rightscorp’s principals shy to mention their past endeavors?

  1. Ah the snakeoil saviors, reinventing themselves time & time again.
    They do nothing to cure the “aliment” but manage to line their pockets hocking their patent medicines from the back of a wagon. By the time they roll into the next town, the name on the side of the wagon is repainted so they can avoid the bad reputation.
    Desperate people pay them for the salvation, and ignore the damage the medicine does making the condition worse. The only winners are the con men in the wagon, rolling onto the next town with their modern marvel in a bottle.

    You keep buying the medicine and not get any better, perhaps it is time to talk to that stranger in the black hat they keep warning you about. He might not tell you pretty things you want to hear, he might tell you the truth and save you from killing yourself slowly with snakeoil.

  2. An investor that does not practice due diligence, deserve to loose their money. At the same time, if the prospectus is a con, the investor has legal recourse.

    My concern regarding these trolls are innocent Doe defendants that get caught up in a broken legal system with their unproven investigative black box of magical feats and judges that keep falling for the same boiler plate stunts. A first year law student should be able to discern that these Plaintiffs will never go to trial in about 5 minutes. Need I say anything about the lack of credibility of supposed foreign experts that reside at rent-a-drop boxes. Where is that German guy,Tobias hiding, these days.

  3. The patent would have to be invalid under the recent ALICE decision….it’s an age old method, practiced by our Prenda friends, done on a computer, nothing more.

    Unfortunately, the patent examiner will probably punt and grant the patent, so it will be out there until someone either graciously decides to pay for an ex parte review, or they actually try to assert (in my opinion, blackmail) someone with the patent itself. So the patent will likely issue (or maybe not, theres a few grand in fees to be paid, too!).

    If you’d like to argue, I’ll buy you a beer!

  4. I have said this before and I will say it again, all these for profit copyright protection firms are not about copyright protection and enforcement for rights holders, they are for copyright enrichment. for themselves under the guise of enforcement.

    IMHO Rightscorp is no better than Guardaley, both claim to have the magic box with such hidden potential to stop copyright infringement for ever….or so they say. I would say that is a little more than a stretch. If copyright infringements stopped , these guys profits would cease to exist and so would their business…period.

    So while they might like to claim they have the secret sauce and their magic box is better than anyone else’s, it isn’t. How does one sustain a for profit business if you are supposedly interested in stopping infringement with their current models? The answer is you can’t..

    There is more than just a little bit of a conflict of interest here, and you would have to be willfully blind not to see it. So you will have to excuse me if I throw some side eye old Robert’s way. Rightscorp stock right now is not exactly projecting success in my opinion when it is riding the rails to the bottom and once again this is a for profit model that is not sustainable without increasing “fines” and somehow getting alleged infringers to pay these fines.

    Let’s not forget how these guys are skirting a ruling that said effectively you can’t use DCMA notices this way to get settlements, old Roberts was on record saying that the court got it wrong but yet didn’t do a thing to challenge the ruling in court to get it tossed. So like many others have before them they are using a loop hole to get around the issue and get ISP subscriber information.

    Lets not forget their have a ton of others who tried to circumvent the rules of law and mis-use the courts to achieve their drive for cash, such as Guardaley, Righthaven, Prenda and countless others…. and what do they all have in common? The courts found that there where problems with their models of how they do business.and methods to get the results.

    All 3 of those outfits have had their asses handed to them, and all 3 had been admonished by the court for their methods and how they circumvented legal protocols with regards to their bushiness. Is Rightscorp really much different, for the outside, it sure doesn’t look that way..

    As for their Patent application on their magic box, so what? I would think most people have more than a little bit of sense to know the patent office has been little more than a rubber stamp factory for the last while and accused of being asleep at the switch and lost focus of their directives regarding patent approvals, and judging by the amount that are getting tossed and invalidated lately I don’t see that changing soon.

    This kind of reminds me of the late night commercial pitchmen Don Lapre and Kevin Trudeau, who for years saturated the airwaves with all the different ways for people to make money or a cure for this, or help with that…. and their pitches always evolved to different products or ideas, but all where derived to get that poor bastard watching that infomercial to pick up the phone and give up some cash, and then later the poor sucker that did give up his cash was forever fighting to stop getting charged and trying in vain getting their money back.

    Why did I bring up Lapre and Trudeau you ask? Because both of their business models were not sustainable, so as one con -er- scheme -er- product/idea started to tank in sales, they had to come up with a new one. Both skirted the law, and both payed penalties and were sanctioned many times and both were/are looking at jail time.

    I don’t see Righthaven, Prenda, Guardaley much different, other than the product they pitch is not on t.v. and they attempt to use legal avenues to get your cash. They all skirted the boundaries of law to achieve a for profit business model that aging was not sustainable in my opinion.

    Is Rightscorp bushiness model that much different from copyright enforcement outfits that came before it? I am sure they will scream from the rooftops that they are, but how many believe it to be so? From my opinion , they are another outfit whose business model is predicated on trying to achieve a profit model that isn’t sustainable with the goals they have in mind and have publicly stated.

    You can only re-incarnate yourself and use the same idea so many times before people start to notice it and you get called on it.

  5. “At Rightscorp, our unique proprietary patent-pending technology crawls the internet, identifies repeat infringers of copyrighted material, alerts the ISPs who then forward a letter warning infringers that they could be liable for $150,000 in damages and provides a link to a reasonable $20 settlement offer per infringement.”

    Sounds exactly like the fake FBI/RCMP/CSIS warning browser hijack scams. “Your computer has been used to download illegal material. Click this link to pay a $20 fine.” Makes me wonder if the scammers behind Rightscorp are considering an entry into the identity theft industry too.

    • Hopefully there will be an investor class action lawsuit, I’ll join it ASAP!

      I bought RIHT based upon emails received from The Paragon Report. Not the best decision, a better decision was made later when I unsubscribed to said emails. I thought they were telling the truth, it appears they were not.

      The emails had the subject headlines of:
      1. “RIHT our New Featured Company makes blockbuster debut representing biggest names in entertainment” (Dated 03/10/2014)
      2. “RIHT receives 6.71 price target and buy recommendation from CFA analyst” (Dated 3/11/2014)

      The content of the respective emails:
      1. Today is the day! We are proud to announce our new winning selection of 2014 is Rightscorp Inc. (RIHT). We have discovered a company that appears to be the industry leading solution for digital copyright infringement and the opportunity for early investors could be astronomical. First mover advantage in the technology space is critical and Rightscorp (RIHT) has moved quickly to monopolize the world of online piracy with a simple, legal, patent pending approach that has seen dramatic returns since inception. Bottom line, this company is revolutionizing the way copyright holders are collecting on royalties, one infringement at a time. With over 1 Million Copyrights under representation, Rightscorp (RIHT) is aggressively pursuing a 2.3 Billion Dollar market opportunity! And for early investors, this could be the investment opportunity of a life time!
      Why RIHT is our New Winning Pick:
      • Signed deals with major companies including Warner Bros, BMG Music Management, Bernstein/Shapiro, Round Hill Music, and The Orchard
      • Representing the biggest names in music including The Beatles, Bruce Springsteen, Rolling Stones, Johnny Cash, Eric Clapton, and many more
      • 1 Million Copyrights under contract including 13 of the current Billboard Hot 100 songs
      • 8 consecutive quarters of revenue growth and growing. RIHT just announced Q4 revenues were up 195 percent from the previous year
      • First-to-market patent-pending technology
      • Received settlements from subscribers of more than 50 ISPs including 5 of the top 10 ISPs in the US: Qwest, CenturyLink, Charter, Suddenlink, and Mediacom
      New Featured Company
      Rightscorp Inc. (RIHT)
      Rightscorp (RIHT) monetizes copyrighted Intellectual Property (IP). The Company’s patent pending digital loss prevention technology focuses on the infringement of digital content such as music, movies, software, and games and ensures that owners and creators are rightfully paid for their IP. Rightscorp implements existing laws to solve copyright infringements by collecting payments from illegal file sharing activities via notifications sent through Internet Service Providers (ISPs). The Company’s technology identifies copyright infringers, who are offered a reasonable settlement option when compared to the legal liability defined in the Digital Millennium Copyrights Act (DMCA). Based on the fact that 24 percent of all internet traffic is used to distribute copyrighted content without permission, Rightscorp is pursuing an estimated 2.3 billion dollar opportunity and has monetized major media titles through relationships with industry leaders.
      Copyright Monetization is an Untapped IP Asset Class!
      Rightscorp is first to market with an approach that provides an effective solution to the ongoing infringement of digital content such as music, movies, software, and games. Rightscorp’s patent pending technology has the ability to identify and act upon this illegal activity to support existing laws, and generate considerable revenues for the original creators and owners of IP. In turn, shareholders of RIHT stand to capitalize on a technology that is revolutionizing its industry!
      Warner Brothers, BMG Music, Bernstein/Shapiro, and many others have put over 1 Million Copyrights into Rightscorp (RIHT) hands!
      Rightscorp currently represents more than 1 million copyrights including 13 songs in the Billboard Hot 100 from copyright holders including Round Hill Music, Shapiro/Bernstein, Sunflower Entertainment and some of the biggest names in music. The Company has settled and collected on 50,000 cases. The system is monitoring over 40,000 copyrights and thousands of new copyrights are added every month.
      These represent the biggest names in music including The Beatles, Bruce Springsteen, Rolling Stones, Eric Clapton, Johnny Cash and hundreds more!
      “The number of copyrights we represent continues to increase along with our revenues… With the copyrights we currently have under contract, our Company should see its growth continue through 2014. Among the copyrights we represent, there are award-winning films and over 10 tracks in the Billboard Hot 100. This is validation from the entertainment industry that Rightscorp is the way forward to protect their digital assets. The regular payments we are making to rights holders show that our solution works. As online piracy continues to be a major issue for the entertainment industry, there is a demand from artists, filmmakers, and other copyright holders to ensure proper monetization of their content against infringement. We estimate this to be a 2.3 billion dollar market opportunity for our Company.” – Christopher Sabec, CEO, Rightscorp Inc.
      Rightscorp Monitoring 1 Million Copyrights to date – Learn More by Selecting Here
      Why invest in Rightscorp Inc. (RIHT)?
      Rightscorp has experienced 8 consecutive quarters of revenue growth and this appears to be just the tip of the iceberg. The company just announced its Q4 revenues were up 195 percent from the previous year Q4. The growth in revenue was driven by the Company’s ability to increase the amount of copyrights in its automated system from approximately 17,000 in Q4 2012 to over 40,000 in Q4 2013.
      “The trending in our numbers is very encouraging. Since receiving additional equity from our investors, we have been able to further automate our process for ingesting copyrights. We currently have over 1 million copyrights under contract and we are loading thousands more every month. Our operational model is proving its ability to scale into a large and successful business as we help collect on behalf of artists and copyright holders. The increase of our ingestion rate will be our primary focus as it is a direct revenue driver in hand for 2014. We can expect our 750,000 dollar annual revenue run rate to accelerate as we are at 4 percent of our copyrights under contracts ingested. Additionally, increases in the number of ISP’s forwarding our notices should further drive our growth rate and increase revenues.
      The metrics are clear. As we continue to ramp up our copyright inventory, we expect our revenues to increase proportionally. To date, we have closed on more than 50,000 cases of copyright infringements, and we have paid the owners of those copyrights for their work. We are currently in talks with the owners of millions of additional copyrights. Rightscorp is pleased to offer a technology and an operational system that enables the creators and owners of intellectual property to be rightfully compensated for the use of their assets.” – Robert Steele, COO, Rightscorp Inc.
      Learn More about Rightscorp 236 Percent Revenue Growth for 2013 – Select Here (http://paragonreport.us5.list-manage.com/track/click?u=a5dccbcffc943d325411c8dc9&id=aff70e3d61&e=0acd534101)

      How large is the peer-to-peer (P2P) file-sharing market? … A 2.3 billion dollar immediate opportunity!

      The Recording Industry Association of America (RIAA) states that since peer-to-peer (P2P) file-sharing emerged in 1999, music sales in the U.S. have dropped 53 percent from 14.6 billion dollars to 7.0 billion dollars in 2012. According to the RIAA approximately 30 billion songs were illegally downloaded on file-sharing networks between 2004 and 2009. Rightscorp estimates that this number was well above 100 billion songs over the last 12 months. The digital theft of music, movies, and copyrighted content accounts for 24 percent of global internet bandwidth, according to the Information Technology and Innovation Foundation. There are an estimated 27 million copyrights that can be monetized. Rightscorp currently represents 1 million of these and is in talks with a substantial portion of the rest.

      Who are RightsCorp’s major customers? The list is impressive:
      BMG Rights Management – Account for 41 percent of RIHT sales.
      http://www.bmg.com/
      Warner Brothers – Account for 13 percent of RIHT sales.
      http://www.warnerbros.com/
      Settlement and Collections through 50 ISPs to-date!

      Rightscorp has received settlements from subscribers of more than 50 ISPs including five of the top 10 ISPs:
      Qwest, CenturyLink, Charter, Suddenlink and Mediacom!
      Members, today we introduce you to our newest winning selection: Rightscorp Inc. (RIHT)! You can be sure this is hot news among the entertainment industry, just look at the companies jumping on board to sign up for Rightscorp’s services! But, Wall Street is still in the dark. This company is new to market and is growing at a tremendous rate. Revenues are soaring and it appears early investors stand to make a potential fortune in what appears to be a game-changing technology for a 2.33 billion dollar market space. RIHT is still at ground floor prices so we encourage you to research RIHT immediately as it will be only a matter of time before the rest of Wall Street is all over this first-to-market mover. Over the last 12 months, Rightscorp results are already paying off with 50,000 closed piracy cases that generated substantial revenue for copyright owners. Nobody has come close to matching this kind of record in the past and that is why RIHT is our new winning pick! You must research RIHT now!

      Sincerely,
      The Paragon Team
      ———————————————————————————-

      2. RIHT Receives CFA Analyst Coverage
      Members,
      RIHT has received a 6.71 price target with a ‘buy’ recommendation from SmallCap IR! Chartered Financial Analyst Osman Ghani has issued coverage on our featured company Rightscorp Inc. (RIHT) and his analyst report is calling for a target price of 6.71 per share. That’s a whopping 800 percent increase from today’s trading price! And for early investors, this could be the potential opportunity of a lifetime.
      0.78 to 6.71 is a whopping 800 percent increase!
      SmallCap IR – Analyst Report covering RightsCorp Inc. – Select here to read the complete analyst report/p>
      Ticker: RIHT
      Recommendation: Buy
      Current Price: 0.76
      Target Price: 6.71
      Company Highlights:
      • Rightscorp has created a business model that uses current laws to monetize the illegal distributing of copyrights through file sharing software for artists and holders of IP (Intellectual Property).
      • RIHT has been able to grow its inventory of copyright material over the past few quarters and has been able to obtain approval to over 1 million copyright material. The company’s revenue is expected to grow significantly due to a 25x increase in copyright material.
      • RIHT has strong relationships with over 50 ISPs in the US and is able to work effectively with these ISPs to target and receive payment from subscribers that infringe on copyright material.
      • I (Osman Ghani) estimate that the current market price is under-valued and that the expected price target is 6.71/Share (See explanantion by selecting this link here).
      Business Description:
      Rightscorp, Inc. (RIHT) is a leading provider of monetization services for artists and holders of copyrighted Intellectual property (IP). The Company’s patent pending digital loss prevention technology focuses on the infringement of digital content such as music, movies, software, and games. This software ensures that owners and creators are rightfully paid for their IP. Rightscorp implements existing laws to solve copyright infringements by collecting payments from illegal file sharing activities via notifications sent through Internet Service Providers (ISPs). The Company’s technology identifies copyright infringers, who are offered a reasonable settlement option when compared to the legal liability defined in the Digital Millennium Copyrights Act (DMCA).
      Rightscorp Inc’s potential growth:
      At present the company represents over 1 million copyrights. These include copyrights held by major motion picture studios, sixteen songs on the Billboard Hot 100, several current Platinum recording artists, recent Academy award winning films and several top 10 TV shows.
      To date, Rightscorp has received settlements from subscribers of more than 50 ISPs including five of the top 10 ISPs: Qwest, CenturyLink, Charter, Suddenlink and Mediacom.
      As RIHT continues to add to its copyright inventory and continues to send notices on every infringement it finds to all US ISPs, more ISPs will be compelled to cooperate with Rightscorp in order to comply with applicable copyright laws. This cooperative relationship between Rightscorp and ISPs is expected to grow revenue substantially in the future.
      The company’s revenue is also expected to grow as copyright holders get more involved in tackling piracy of their copyrights. Evidence of this is in a July article of the Hollywood Reporter concerning Warner Bros attempts to crack down on infringers via agents and cooperation from the infringer’s ISPs.
      Early investors stand to make a potential fortune as RIHT becomes the #1 answer for IP monetization!
      Breaking News:
      Rightscorp has closed more than 60,000 cases of copyright infringement to date on over 50 ISPs! This has made the company the most successful player in the industry of monetizing IP. The Company’s monetization service successfully collected payments from illegal distributors through notifications sent by their Internet Service Providers (ISPs) on digital assets including music, films, books, video games and software.
      “To date, this makes Rightscorp the most effective solution for the multi-billion dollar file-sharing problem. This fact demonstrates not only that our solution is monetizing copyrights for rights holders but is also is an effective tool in helping ISPs maintain compliance with the Digital Millennium Copyright Act.” – Christopher Sabec, CEO of Rightscorp
      The Company currently represents more than 1,000,000 copyrights and has partnered with major motion picture studios, numerous Platinum recording artists and songwriters, Academy Award winning films, top TV shows and many others.
      Rightscorp closes more than 60,000 cases of Copyright Infringement to Date – Read More
      The Recording Industry Association of America (RIAA) states that since peer-to-peer (P2P) file-sharing emerged in 1999, music sales in the U.S. have dropped 53 percent, from 14.6 billion dollars to 7.0 billion in 2012. According to the RIAA, approximately 30 billion songs were illegally downloaded on file-sharing networks between 2004 and 2009. A study conducted by the Motion Picture Association of America (MPAA) based on over 20,000 surveys of consumers conducted in 22 countries, found that piracy was costing movie studios 6.1 billion dollars a year.
      Members, do not let this opportunity slip thru your fingers. Osman Ghani is a CFA charter-holder and has prior experience in working in Investment banking, corporate finance, and business advisory services. He is currently completing his Phd in Finance from the Warwick Business School, University of Warwick, and has a undergraduate and graduate degrees in Accounting and Finance from the London School of Economics. He is also a qualified chartered accountant and a member of the Institute of Chartered Accountants in England and Wales, and he also holds the CAIA designation. And this man and his firm are going ballistic for Rightscorp (RIHT). It is only a matter of time before the rest of Wall Street uncovers this diamond in the rough! A 6.71 price target offers tremendous upside from these current trading levels. We encourage all members to read his report immediately to understand why he and his firm believe the share price of RIHT is set to soar! Select the link below to read the complete report.
      RIHT Receives Buy Recommendation and 6.71 Price Target – Read the complete report
      (http://paragonreport.us5.list-manage1.com/track/click?u=a5dccbcffc943d325411c8dc9&id=7ad25ba296&e=0acd534101)
      ———————————————————————————-

      If anyone would like a copy of the actual emails, I’ll be happy to provide.

  6. Ran across this comment while researching Rightscorp stock. I wish all potential investors in this company could read it.

    http://www.hotstocked.com/article/88000/pumpers-give-rightscorp-inc-otcmkts-riht-a.html

    The owners of this company are in this for a quick buck, they will never get the patent on this technology. This technology was used by 4 different companies before they were in existence, including Nexicon, Video Protection Alliance, Artist Direct, Media Defender and one more that slips my mind. Getting settlements through the DMCA notice was first done 10 years ago! The executives are bleeding this company dry with their big salaries and expense accounts. If you want to invest in a company that will never turn a profit and go out of business in 2 years this is it! The is a mirror of Nexicon which I lost $250,000 in my investment.

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