We recently became aware of a new entrant in the “crypto-currency” arena that has been referred to as ProtoShares (ProtoShare with an “s” at the end).
Because ProtoShare is a federally-registered trademark of our company, Site9, Inc., we contacted the company behind the new crypto-currency, requesting that they stop using the name “ProtoShares”. They have been very cooperative, and are in the process of removing references to the name “ProtoShares” from their web sites.
Because the name “ProtoShares” was used by others besides the creators of the crypto-currency, that name will likely appear on other web sites for some time. But to be clear, the crypto-currency is unrelated to our company or ProtoShare.