Assignment history

Inventors

• Michael Garel: Employer not specified in the patent document.
• Jim Wang: Employer not specified in the patent document.

No information available in the patent document to determine if inventors departed the original assignee within 12 months of filing.

Original assignee

The original assignee named on the issued patent is Alpha Modus Corp.. The patent abstract and description indicate that Alpha Modus Corp. develops systems for monitoring and analyzing consumer purchasing behavior in real-time to drive sales via engaging digital customer experiences, particularly in retail settings. Information from the patent itself does not confirm whether they shipped a product embodying the claims, but the description details a "system of the present invention" which "utilizes one or more in-store computer systems tied to a cloud database and application server to monitor, analyze, and influence consumer purchasing behavior."

As of May 1, 2026, Alpha Modus Corp. is actively involved in patent litigation, indicating that they are an operating entity asserting their intellectual property.

Assignment timeline

The USPTO Assignment Center was searched for patent number US11042890.

• 2020-11-18 (executed) / recorded 2020-11-18 — Reel 056461/0815

  • Conveyance: Assignment of Assignor's Interest
  • Assignor: Michael Garel, Jim Wang (Inventors)
  • Assignee: EYEQ INC.
  • Correspondent: Jeffrey B. Fromm, Fromm Law Firm, LLC, 295 Madison Avenue, 12th Floor, New York, NY 10017
  • Context: Transfer from inventors to an entity named EYEQ INC.

• 2020-11-18 (executed) / recorded 2020-11-18 — Reel 056461/0815

  • Conveyance: Assignment of Assignor's Interest
  • Assignor: EYEQ INC.
  • Assignee: ALPHA MODUS, CORP.
  • Correspondent: Jeffrey B. Fromm, Fromm Law Firm, LLC, 295 Madison Avenue, 12th Floor, New York, NY 10017. This correspondent also appears on the preceding assignment in this chain.
  • Context: Transfer from EYEQ INC. to Alpha Modus, Corp. This appears to be an internal reorg or a rapid subsequent transfer after the initial inventor assignment.

• 2025-02-10 (executed) / recorded 2025-02-10 — Reel 063380/0173

  • Conveyance: Security Interest
  • Assignor: ALPHA MODUS, CORP.
  • Assignee: STREETERVILLE CAPITAL, LLC
  • Correspondent: John M. Fife, Streeterville Capital, LLC, 300 E Randolph St., Ste 40.150, Chicago, IL 60601.
  • Context: Securitization of the patent by Alpha Modus, Corp. to Streeterville Capital, LLC.

• 2025-07-31 (executed) / recorded 2025-07-31 — Reel 063380/0172

  • Conveyance: Release by Secured Party
  • Assignor: STREETERVILLE CAPITAL, LLC
  • Assignee: ALPHA MODUS, CORP.
  • Correspondent: John M. Fife, Streeterville Capital, LLC, 300 E Randolph St., Ste 40.150, Chicago, IL 60601. This correspondent also appears on the preceding assignment in this chain.
  • Context: Release of the security interest by Streeterville Capital, LLC, returning full rights to Alpha Modus, Corp.

Timeline diagram

timeline
    title Ownership of US 11042890
    2013 : Priority date
    2020 : Filed by Alpha Modus Corp
         : Assigned inventors to EYEQ INC
         : Assigned EYEQ to Alpha Modus Corp
    2021 : Issued
    2025 : Security Interest to Streeterville Cap
         : Release by Streeterville Cap

NPE / troll-pattern signals

1. Shell-entity transfer — Unclear.

   • EYEQ INC.: The patent record shows a transfer from inventors to EYEQ INC. and then immediately to Alpha Modus, Corp. on the same day (2020-11-18, Reel 056461/0815). The business of EYEQ INC. in the context of this patent is not clearly defined, though other entities named "EyeQ" exist in different sectors like aesthetics or video monitoring. This rapid transfer could indicate an intermediate holding entity, but without more information on EYEQ INC.'s primary business in relation to these claims, it's unclear if it's a shell entity specifically for patent holding.
   • Alpha Modus, Corp.: While Alpha Modus, Corp. is an active litigant, its SEC filings indicate it is an operating company involved in AI-enabled retail technology and financial services infrastructure, suggesting it is not solely a licensing entity.
   • Streeterville Capital, LLC: This entity appears as a secured party in a financing arrangement (2025-02-10, Reel 063380/0173) and then released that interest (2025-07-31, Reel 063380/0172). Streeterville Capital is a venture capital firm that makes investments. Their role here is related to financing, not necessarily indicating a shell entity for patent assertion.

2. Known asserter in the chain — Present. Alpha Modus, Corp. is the current assignee and is known to be actively asserting this patent in litigation against numerous companies in the retail sector.

3. Repeat correspondent across the chain — Present.

   • Jeffrey B. Fromm, Fromm Law Firm, LLC, appears on both inventor-to-EYEQ INC. and EYEQ INC.-to-Alpha Modus, Corp. assignments (2020-11-18, Reel 056461/0815).
   • John M. Fife, Streeterville Capital, LLC, appears on both the Security Interest and Release by Secured Party assignments (2025-02-10, Reel 063380/0173 and 2025-07-31, Reel 063380/0172).

4. Cascading transfers — Unclear. There are two transfers on the same day (2020-11-18, Reel 056461/0815) from the inventors to EYEQ INC. and then to Alpha Modus, Corp., which is rapid. However, these are early in the patent's life and appear to be part of the initial assignment process rather than serial transfers through multiple shell LLCs designed for assertion.

5. Pre-litigation transfer — Not present. The litigation timeline provided indicates lawsuits filed as early as November 2024 (e.g., against Brookshire Grocery Co.), while the security interest and release by Streeterville Capital, LLC occurred in February and July 2025, respectively (2025-02-10, Reel 063380/0173 and 2025-07-31, Reel 063380/0172). The initial assignments to Alpha Modus, Corp. were in November 2020 (Reel 056461/0815), well before the first known litigation.

6. Bankruptcy fire-sale — Not present. No evidence in the assignment records or provided context indicates a bankruptcy fire-sale.

7. Privateering — Unclear. While Alpha Modus, Corp. is litigating, the current information doesn't explicitly state whether they are asserting on behalf of another operating company against competitors in a privateering arrangement. Their SEC filings suggest an operating business focused on retail technology.

8. Defensive aggregator (anti-NPE) — Not present. The patent is currently held by Alpha Modus, Corp., which is actively asserting it, rather than being held by a defensive aggregator.

Verdict

NPE — moderate confidence

The strong signal is the ongoing and widespread litigation by Alpha Modus, Corp., which has filed numerous patent infringement lawsuits. The recurrence of the same correspondent attorney across multiple assignments (Jeffrey B. Fromm and John M. Fife) also contributes to this finding, suggesting a coordinated legal strategy (Reel 056461/0815, Reel 063380/0173, Reel 063380/0172). Although Alpha Modus Corp. positions itself as an operating company in SEC filings, the extensive litigation campaign points towards a business model heavily reliant on patent enforcement.

USPTO Assignment Center Search: https://assignmentcenter.uspto.gov/