(Incorporated in Texas)

We are focused on intellectual property (“IP”)-related transactions. We are a manager of IP assets focused on IP-based financing, investment and monetization opportunities, including enforcement and licensing, across jurisdictions, primarily focusing on the United States, Europe and Asia.

Our objective is to provide a range of attractive financial solutions for IP owners. Generally, we are agnostic as to industry, which allows us to pursue opportunities across a number of industries and sectors, including medical devices, networking, consumer electronics, software, automotive, semiconductors, apparel, network security, cybersecurity, video technology, communications and industrial processes, data center, artificial intelligence, internet of things, communications, power and other technology areas where IP may be infringed, or an investment opportunity exits based on the value of the IP as collateral. Our focus is largely on technologies that are in their early stages of adoption and have longer replacement cycles that we believe are widely misunderstood and often mispriced, rather than technologies with short replacement cycles in their later stages that are approaching obsolescence and replacement. We believe our flexibility in industry focus and flexible and tailored transaction solutions will help us achieve our goal of creating value for our stockholders and ultimately generating a return for our stockholders. Our ideal transaction is one where both the Company and the IP owner can generate significant returns from what is otherwise an underperforming, undervalued or underutilized asset.

At this time, our primary focus is on the following areas:

•        IP Licensing — monetizing IP owned or acquired directly by a subsidiary or affiliate of Sauvegarder IM, or by third parties with the Company as the licensing agent, typically executed by licensing IP to third parties that would benefit from a license to that technology.

•        IP Litigation Investment — financing litigation, primarily IP focused litigation.

We also intend to expand our operations into the following areas as the opportunities arise:

•        IP Finance — structured investments (both debt and preferred equity) where the realizable value (as determined by Sauvegarder IM) of the target’s IP is a significant factor in the investment decision.

•        IP Royalty Acquisition — the acquisition of royalties to be received by a target company based on prior licensing of IP.

•        IP Tactical Opportunities — IP-related transactions, including copyrights, distressed investments, refinancings, judgment financings, entertainment litigation, life sciences, and other strategic transactions which are opportunistic in nature and require a differentiated and highly tailored solution.

We may also engage in other business activities that we believe present attractive financial alternatives and regularly are approached to evaluate a variety of legal, regulated and alternative investment opportunities that may not fit into any of the above categories.

Since our inception, we have been primarily focused on monetization activities of IP assets, including licensing and enforcement of owned IP assets and through litigation investments. These are areas where our management has the most experience and we believe we have the most current opportunities given our access to capital has been limited to date. As our business grows, and our access to capital increases, we intend to develop our IP finance and IP royalty acquisition businesses.