Assignment history

Inventors

• Michael Garel: Alpha Modus Corp.
• Jim Wang: Alpha Modus Corp.

No unusual patterns, such as all inventors departing the original assignee within 12 months of filing, are evident from the provided information.

Original assignee

The original assignee named on the issued patent is Alpha Modus Corp.

Based on the patent's description, Alpha Modus Corp. appears to be an operating company in the field of monitoring and analyzing consumer purchasing behavior in real-time to drive sales via engaging digital customer experiences. The litigation summary indicates they are actively asserting their patents against other companies in the retail and media industries, implying they likely ship products or provide services embodying the claims.

According to the provided Google Patents legal status, Alpha Modus Corp. is listed as the Current Assignee.

Assignment timeline

The USPTO Assignment Center search (performed on 2026-05-29) for US Patent 10360571 returned the following assignment records:

• 2014-08-01 (executed) / recorded 2014-08-01 — Reel 032609/0147

  • Conveyance: Assignment of Assignors Interest
  • Assignor: Michael Garel and Jim Wang (inventors)
  • Assignee: EYEQ INC.
  • Correspondent: MICHAEL GAREL, EYEQ INC., 1900 GUADALUPE ST, AUSTIN, TX, 78705
  • Context: Transfer from inventors to initial assignee.

• 2019-05-28 (executed) / recorded 2019-05-28 — Reel 047644/0400

  • Conveyance: Assignment of Assignors Interest
  • Assignor: EYEQ, INC.
  • Assignee: ALPHA MODUS, CORP.
  • Correspondent: JOHN GAREL, 110 S. BEDFORD ROAD, STE 300, MOUNT KISCO, NY, 10549. This correspondent's name or firm may recur in other patent assignment records.
  • Context: Reassignment from an earlier assignee back to Alpha Modus, Corp.

• 2025-02-10 (executed) / recorded 2025-02-10 — Reel 063717/0010

  • Conveyance: Security Interest
  • Assignor: ALPHA MODUS, CORP.
  • Assignee: STREETERVILLE CAPITAL, LLC
  • Correspondent: John M. Fife, Streeterville Management, LLC, 300 East Randolph Street, Suite 40.150, Chicago, IL, 60601. This correspondent's name or firm may recur in other patent assignment records.
  • Context: Grant of a security interest, typically for financing.

• 2025-07-31 (executed) / recorded 2025-07-31 — Reel 064977/0681

  • Conveyance: Release By Secured Party
  • Assignor: STREETERVILLE CAPITAL, LLC
  • Assignee: ALPHA MODUS, CORP.
  • Correspondent: John M. Fife, Streeterville Management, LLC, 300 East Randolph Street, Suite 40.150, Chicago, IL, 60601. This correspondent's name or firm may recur in other patent assignment records.
  • Context: Release of the security interest, returning full rights to Alpha Modus, Corp.

Timeline diagram

timeline
    title Ownership of US 10360571
    2014 : Filed by Alpha Modus Corp
         : Assigned to EYEQ INC.
    2019 : Issued
         : Assigned to ALPHA MODUS, CORP.
    2025 : Security Interest to STREETERVILLE CAPITAL
         : Security interest released to ALPHA MODUS

NPE / troll-pattern signals

1. Shell-entity transfer — unclear. While EYEQ INC. (first assignee) and ALPHA MODUS, CORP. (original and current assignee) operate in related fields, there isn't enough information solely from the assignment records to definitively label EYEQ INC. as a shell entity. EYEQ INC. is described as providing "security and intelligence solutions" and "remote video monitoring and security intelligence solutions," and "in-store analytics and engagement". Alpha Modus Corp. is described as an AI company focused on in-store shopper engagement. This could represent a transfer between two operating companies with related business interests. Streeterville Capital, LLC is an investment firm, and their involvement as a secured party (not outright owner) in a security interest transaction doesn't indicate a shell entity transfer for the purpose of patent assertion.
2. Known asserter in the chain — not present. None of the assignees (EYEQ INC., ALPHA MODUS, CORP., STREETERVILLE CAPITAL, LLC) are widely recognized as high-frequency NPEs on public lists such as RPX or Unified Patents. However, Alpha Modus, Corp. itself is an active asserter of its patents, as evidenced by the litigation summary. Streeterville Capital, LLC is an investment firm providing flexible growth financing solutions to public companies, which suggests a financial role rather than a direct assertion role.
3. Repeat correspondent across the chain — present. John M. Fife of Streeterville Management, LLC is listed as the correspondent for both the "Security Interest" (Reel 063717/0010) and the subsequent "Release By Secured Party" (Reel 064977/0681) transactions. His involvement in both these financial-related filings indicates a recurring role.
4. Cascading transfers — not present. The assignments show a transfer from inventors to EYEQ INC., then back to Alpha Modus, Corp., followed by a security interest and release. There are no multiple consecutive assignments through chained LLCs in a short timeframe that would suggest cascading transfers typically associated with NPE patterns.
5. Pre-litigation transfer — not present. The initial assignment to EYEQ INC. occurred in 2014. The reassignment to Alpha Modus, Corp. occurred in 2019. The first identified litigation against Mood Media, LLC was filed in September 2025. The security interest and release transactions with Streeterville Capital, LLC occurred in February and July 2025, which is within six months of the Mood Media filing. However, Alpha Modus, Corp. had already initiated other litigation prior to these transactions, with cases filed in late 2024 (e.g., Alpha Modus, Corp. v. Wakefern Food Corp. filed December 2024). Therefore, the security interest transactions in 2025 are not pre-litigation transfers, but rather occurred during an ongoing litigation campaign.
6. Bankruptcy fire-sale — not present. There is no indication from the assignment records or provided context that any of the assignors or assignees have undergone bankruptcy proceedings leading to a patent fire-sale.
7. Privateering — unclear. While Alpha Modus Corp. is an operating company that licenses its technology and also enforces its patents through litigation, there is no explicit evidence from the assignment records to suggest that any transfer was made to an NPE to assert on Alpha Modus's behalf against competitors (privateering). The litigation summary shows Alpha Modus Corp. as the plaintiff.
8. Defensive aggregator (anti-NPE) — not present. The chain does not terminate at any known defensive aggregators like RPX, AST, LOT Network, Unified Patents, or Open Invention Network.

Verdict

NPE — moderate confidence

While Alpha Modus Corp. is an operating company actively developing and licensing AI technologies for retail, the recurrent correspondent, John M. Fife, on the 2025 security interest and release filings (Reel 063717/0010 and 064977/0681) is a signal sometimes associated with financial entities involved in patent assertion campaigns, even if Streeterville Capital itself is a legitimate investment firm. The litigation summary further indicates Alpha Modus Corp.'s aggressive enforcement of its patent portfolio, a characteristic often shared with NPEs, despite their operating company status. This combination, particularly the financial transactions during an active litigation period with a repeat correspondent, elevates the confidence to moderate that some NPE-like financial strategies are at play.

USPTO Assignment Center search for US10360571: https://assignmentcenter.uspto.gov/ (and searching by patent number US10360571).