Thank you for being members of stoxdox.
We launched stoxdox with a larger vision in mind, to attract the highest quality content creators and build the go-to information platform for the universe of global investors. This remains our ultimate mission. That said, external forces are highly likely to impede the fulfillment of our greater mission until early 2024 at the earliest.
David and Goliath
As a startup looking to disrupt the entrenched, legacy information distribution channels of Wall Street, big media, and big tech, we have faced many challenges. From the start, it has been a battle between David and Goliath on all levels.[wcm_restrict]
There are many Goliaths that have worked to restrict our market access. One in particular has posed an existential threat to stoxdox while consuming an extraordinary amount of our time and resources. A large multinational financial institution has been challenging our trademark registration with the US patent and trademark office since we began operations in 2021.
For all intents and purposes, the firm has an unlimited legal budget in relation to stoxdox. As a result, we have been forced to conduct much of the research and trial prep work on our own, in partnership with our law firm. Unexpectedly, our resources were called upon to address the trademark case this week. As a result, we were not able to finish the pieces that we planned to publish.
We will resume publishing in the coming week.
Summary
I felt that it was important to share our battle with you, our members, as the case will disrupt our weekly publishing schedule from time-to-time over the remainder of 2023. We expect a trial resolution by early 2024.
As we are first and foremost a brand with a larger mission, the trademark uncertainty causes friction in terms of attracting the capital and content partners required to achieve stoxdox’s original vision. It is an existential threat for the stoxdox brand.
While we fully expect to be victorious given the deficiencies of the opposer’s case, the process is far from logical and is heavily dependent on capital availability and legal resources. In essence, we believe the facts are on our side while remaining cognizant of the outsized influence afforded to entrenched and powerful financial institutions and law firms.
Please feel free to contact me if you have any questions. Thank you again for being stoxdox members.
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[wcm_nonmember]Continue reading this report with a stoxdox membership.[/wcm_nonmember]