Quest Patent Research Corporation is an intellectual property asset management company. The Company’s principal operations include the acquisition, licensing and enforcement of intellectual property rights that are either owned or controlled by the Company or one of its wholly owned subsidiaries. The Company owns, controls, or manages approximately 22 intellectual property portfolios, which principally consist of patent rights. Its intellectual property portfolio includes fees from the licensing of its intellectual property, primarily from litigation relating to the enforcement of its intellectual property rights. The Company develops its business by acquiring intellectual property rights, either in the form of ownership or an exclusive license to the underlying intellectual property. It is seeking to monetize the intellectual property rights of six portfolios, which include EDI, HPE, HID, Koyo, Taasera, and Multimodal Media.