0001013762-13-000380.txt : 20130313 0001013762-13-000380.hdr.sgml : 20130313 20130313163041 ACCESSION NUMBER: 0001013762-13-000380 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20130312 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20130313 DATE AS OF CHANGE: 20130313 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MACROSOLVE INC CENTRAL INDEX KEY: 0001178727 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 000000000 STATE OF INCORPORATION: OK FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-150332 FILM NUMBER: 13687764 BUSINESS ADDRESS: STREET 1: 1717 SOUTH BOULDER STREET 2: SUITE 700 CITY: TULSA STATE: OK ZIP: 74119 BUSINESS PHONE: 918-280-8693 MAIL ADDRESS: STREET 1: 1717 SOUTH BOULDER STREET 2: SUITE 700 CITY: TULSA STATE: OK ZIP: 74119 8-K 1 form8k.htm MACROSOLVE, INC. FORM 8-K form8k.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of report (date of earliest event reported):  March 12, 2013
 
 
MACROSOLVE, INC.
(Exact name of registrant as specified in its charter)

Oklahoma
333-150332
73-1518725
(State or Other Jurisdiction
of Incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)

1717 South Boulder Ave. Suite 700, Tulsa, Oklahoma 74119
(Address of principal executive offices and zip code)

Registrant’s telephone number, including area code: (918) 280-8693

Copy of correspondence to:

Gregory Sichenzia, Esq.
James M. Turner, Esq.
Sichenzia Ross Friedman Ference LLP
61 Broadway, 32nd Floor
New York, New York 10006
Tel:  (212) 930-9700   Fax:  (212) 930-9725

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 
 
 

 
ITEM 8.01                      Other Events.

On March 12, 2013, MacroSolve, Inc. (the “Company”), issued a press release announcing that it had entered into an agreement with MEDL Mobile Holdings, Inc. (“MEDL”). Further, the Company stated that as part of the agreement, MEDL has the right to grant a license of the Company’s patent to its clients on a ‘per install’ basis and the Company would receive a percentage of the passive revenues from MEDL, which revenues were subject to minimum performance goals.

A copy of the press release that discusses this matter is filed as Exhibit 99.01 to, and incorporated by reference in, this report. The information in this Current Report is being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that Section. The information in this Current Report shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, except as shall be expressly set forth by specific reference in any such filing.

ITEM 9.01                      Financial Statements and Exhibits.

(d)           Exhibits.

 
99.01
Press Release, dated March 12, 2013, issued by MacroSolve, Inc.



 
2
 



SIGNATURE

Pursuant to the requirement of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
 
 
MACROSOLVE, INC.
  
       
Date:  March 13, 2013
By:
/s/ KENDALL CARPENTER  
   
Kendall Carpenter
  
   
Chief Financial Officer
  
       


 
 
 
 
 
3
 EX-99.01 2 ex9901.htm EXHIBIT 99.01 ex9901.htm
Exhibit 99.01

 
MACROSOLVE AND MEDL MOBILE SIGN DEAL TO PROVIDE IP BENEFIT TO MOBILE APP DEVELOPERS
 
Mobile Leaders Provide App Developer Network Access to MacroSolve Patent
 
 
TULSA, OK -- (Marketwire) – 3/12/13 – MacroSolve, Inc. (OTCQB: MCVE) ("MacroSolve" or the "Company"), a leading provider of mobile technology intellectual property, announces the finalization of the agreement with MEDL Mobile Holdings, Inc. (OTCBB: MEDL.OB) (“MEDL Mobile”) a pioneer in the creation, development, marketing and monetization of mobile apps.
 
Seeking to provide the benefits of its intellectual property to mobile app developers, MacroSolve has finalized its agreement with MEDL Mobile to bring forth a program that offers access to MacroSolve’s U.S. Patent 7,822,816 to thousands of app developers.  MEDL Mobile has the right to grant a license of the patent to its clients on a ‘per install’ basis.  MacroSolve will benefit by receiving a percentage of the passive revenues which are subject to MEDL achieving minimum performance goals.

“Our partnership with MacroSolve will now offer substantial intellectual property benefits to emerging app developers,“ said Andrew Maltin, MEDL Mobile CEO. “We are excited to be able to add to our increasing library of tools and services for our growing Developer Network.”

MacroSolve Chairman and CEO Jim McGill states, “MEDL is the first visionary partner to provide the benefits of the ‘816’ patent to thousands of app developers.  Our joint agreement is designed to be a simple and affordable solution for app developers.”

MacroSolve’s U.S. Patent No 7,822,816 addresses mobile information collection system across all wireless networks, smartphones, tablets and rugged mobile devices. The patent,  a significant intellectual property asset to MacroSolve, covers fundamental technology in the mobile application space utilized by multiple companies.
 
About MacroSolve
Founded in 1997, MacroSolve is heralded for its robust IP portfolio, while advancing throughout the mobile apps era by innovating key technologies that have laid the foundation for apps and next-gen developers. Today, MacroSolve is empowering a new era of mobile innovators seeking advisory services and IP strength from a source of experience.
 
Safe Harbor Statement
This press release contains projections of future results and other forward-looking statements that involve a number of risks and uncertainties and are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Important factors that may cause actual results and outcomes to differ materially from those contained in the projections and forward-looking statements included in this press release are described in our publicly filed reports. Factors that could cause these differences include, but are not limited to, the acceptance of our products, lack of revenue growth, failure to realize profitability, inability to raise capital and market conditions that negatively affect the market price of our common stock. The Company disclaims any responsibility to update any forward-looking statements.

Company Contacts
MacroSolve, Inc.
info@macrosolve.com
www.macrosolve.com
‘In Defense of Innovation’ Blog: www.macrosolve.com/category/general-blog/