Filing Details

Accession Number:
0001144204-13-033963
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-06-07 20:15:01
Reporting Period:
2013-05-31
Filing Date:
2013-06-07
Accepted Time:
2013-06-07 20:15:01
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1507605 Marathon Patent Group Inc. MARA Sanitary Services (4950) 010949984
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1331984 Erich Spangenberg 2515 Mckinney Avenue, Suite 1000
Dallas TX 75201
No No Yes No
1423724 Audrey Spangenberg 2515 Mckinney Avenue, Suite 1000-B
Dallas TX 75201
No No Yes No
1423727 Acclaim Financial Group, Llc 11700 Preston Road, Suite 660-207
Dallas TX 75201
No No Yes No
1423728 Techdev Holdings, Llc 11700 Preston Road, Suite 660-207
Dallas TX 75201
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, $0.0001 Par Value Per Share Acquisiton 2013-05-31 625,000 $0.40 625,000 No 4 P Indirect By IPNav Capital, LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By IPNav Capital, LLC
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Warrant to Purchase Common Stock Acquisiton 2013-05-31 312,500 $0.00 312,500 $0.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
312,500 2013-05-31 2016-05-31 No 4 P Indirect
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock, $0.0001 Par Value Per Share 6,000,000 Indirect By TechDev Holdings, LLC
Common Stock, $0.0001 Par Value Per Share 2,000,000 Direct
Footnotes
  1. The shares of common stock and warrants were purchased by IPNav Capital, LLC ("IPNav Capital") in the Issuer's private placement for $250,000.
  2. 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.
  3. 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, (continue in footnote 4)
  4. (continue from footnote 3) 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. 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.
  5. 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.