Drayton Richdale Corp. (DRYN/DRYN.PK) Wrap Up:

Drayton Richdale Corp. acquires interests in patents, copyrights, or other intellectual property (IP) for the purpose of participating in settlements or judgments resulting from patent infringement lawsuits. It acquires interests either by way of a registered ownership interest in the IP or an equity interest in the entity owning such rights, or by way of a contractual right to participate in the proceeds of the litigation. The company’s wholly owned subsidiary, Matlink, Inc., operates as an application service provider. Matlink's assets include intellectual property in the form of a proprietary business method application known as a ‘Materials and Supplies Ordering System’. The company was ...