National Patent Development Corporation was incorporated on March 10, 1998 as a wholly-owned subsidiary of GP Strategies Corporation ("GP Strategies"). The Company common stock is quoted on the OTC Bulletin Board and is traded under the symbol NPDV.OB.
On July 30, 2004, GP Strategies contributed its ownership interests in its optical plastics and home improvement distribution businesses, as well as other non-core assets, to the Company in exchange for common stock of the Company. The separation of these businesses was accomplished through a pro-rata distribution (the "Distribution" or "spin-off") of 100% of the outstanding common stock of the Company to the stockholders of GP Strategies on November 18, 2004, the record date of the Distribution. On November 24, 2004, holders of record received one share of the Company's common stock for each share of GP Strategies common stock or Class B capital stock owned.
To see the headquarters in Google Street View &trade, drag this yellow guy: over to the red pointer:
Contact Information:
Business Address:
-
Mailing Address:
Business Address
777 WESTCHESTER AVE.
FOURTH FLOOR
WHITE PLAINS NY 10640
NATIONAL PATENT DEVELOPMENT CORP CIK #: 0001279715 (see all company filings)
SIC : 3990 - MISCEL
Phone:
973-428-4600
Fax:
-
Website:
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Company Details:
Symbol:
NPDV
SIC:
-
State location:
NY
Sector:
-
State of Inc:
DE
Employees:
194
Type:
OTCBB
Key executives:
Name
Age
Position
Charles Dawson
55
Pres of Five Star Products of Five Star
James Eberle
-
Pres of MXL
Jerome I. Feldman
83
Founder, Exec. Chairman, Chief Exec. Officer and Chairman of Five Star
John Belknap
65
Director, Member of Audit Committee and Chief Exec. Officer of Five Star
Scott N. Greenberg
55
Chief Financial Officer, Principal Accounting Officer
Chart position of National Patent Development Corp. (OTC:NPDV) has been rather uncertain lately. On Friday, the stock suddenly lost 3.33% of its price, while its traded volume rose up significantly. Though, the reason for the loss is yet unknown.read more
Stock price of National Patent Development Corp. (OTC:NPDV) has been rather hesitant over the past days. Yesterday, it started falling down again by losing 7.75%, while its traded volume reached approximately 230 thousand shares.read more
National Patent Development Corp. (OTC:NPDV) shocked with its unusual tradeding volume yesterday. The stock price didn't change as compared to the previous day, though, its volume exceeded $1 million shares.read more