Thank you, $INVT ( INVT ) SeeThruEquity Issues
Post# of 22757
Posted On: 12/11/2015 12:20:12 PM
Thank you, $INVT
( INVT ) SeeThruEquity Issues Update on Inventergy Global, Inc. (NASDAQ: INVT)
3 hours 18 minutes ago - DJNF
NEW YORK, NY / ACCESSWIRE / December 11, 2015 / SeeThruEquity, a leading New York City based independent equity research and corporate access firm focused on smallcap and microcap public companies, today announced that it has issued an update note on Inventergy Global, Inc. (NASDAQ: INVT).
The note is available here: INVT December 2015 Update. SeeThruEquity is an approved equity research contributor on Thomson First Call, Capital IQ, FactSet, and Zack's. The report will be available on these platforms. The firm also contributes its estimates to Thomson Estimates, the leading estimates platform on Wall Street.
Based in Campbell, CA, Inventergy (NASDAQ: INVT, "Inventergy"
is an intellectual property (IP) investment and licensing company. Inventergy works with leading technology companies to help them attain greater monetization from their IP assets and let them focus on their core business operations. The IP monetization business has high margin potential for savvy patent owners, and Inventergy has deep expertise in the telecommunications industry, in particular, and is skilled at identifying, acquiring and licensing high quality patents. We see a large potential opportunity for Inventergy, as the company has amassed an impressive portfolio of more than 700 patents in the telecom industry including seminal patents from leading global companies such as Huawei, Nokia and Panasonic.
We were impressed by a very positive company outlook issued December 10, 2015, by CEO Joe Beyers, indicating that Inventergy has closed on over $6mn of transactions in 2015. This activity level is well ahead of our estimates, and we are encouraged by the progress the company has made as it pursues what it sees as a $200Bn opportunity in relevant annual revenue for potential licensees.
Additional highlights from the note are as follows:
Impressive update from CEO highlights massive opportunity
On December 10, 2015, Inventergy CEO Joe Beyers -- a seasoned technologist and inventor with over 30 years of experience working at HP before becoming CEO of Inventergy -- provided an impressive company update for investors, highlighting Inventergy's accomplishments over the last year and opportunities in 2016E and beyond as it pursues licensing opportunities for its robust IP portfolio over 700 patents. Using IDC industry data and potential licensing partners, Inventergy sees a potential base of $200Bn in annual revenues for potential licensees in four key areas: 1) Mobile handsets / devices; 2)Mobile Infrastructure (Cellular Base Stations); 3) IP Multimedia Subsystems (IMS), and Cellular Service Providers.
Transactions now tracking well ahead of our '15 estimates
Inventergy appears to be tracking ahead of our estimates, with Beyers disclosing that the company has now closed over $6mn in transactions versus our expectations that the company would generate approximately $4mn in revenue for the full year 2015. We do not believe this figure includes the recent announcement of a settlement with large telecom equipment industry player Genband US LLC, which was settled for an undisclosed amount. Transactions agreements in 2015 have included a $2mn license agreement with a mid-tier telecommunications company, as well as $4mn sales agreement for two patent families in the mobile communications infrastructure and mobile handset market segments.
Inventegy successfully completes 1:10 reverse split
On December 8, 2015, Inventergy announced that it had successfully completed a 1:10 reverse split, reducing shares outstanding from 42.2mn to approximately 4.2mn. The move was intended to help the company maintain the minimum 1.00 bid requirement for continued listing on the NASDAQ. We see a NASDAQ listing as a key investment attribute for the company, as the listing on the national exchange most associated with high profile technology companies should assist Inventergy as it pursues licensing deals and seeks to raise new financing. Importantly, Inventergy also stated that it is working with strategic industry and financial partners to secure the ability to execute on its deal pipeline without needing to enter the equity markets in the short term.
Price target moves to $10.30 to reflect reverse split
We are adjusting our price target for Inventergy to reflect the company's recent 1:10 reverse split. We were impressed by the company's December 10 announcement including both the progress made in 2015, the Genband settlement, and the scope of the revenue from potential licensees revenues in the company's four key target areas.
Please review important disclosures at www.seethruequity.com.
About Inventergy Global, Inc.
Inventergy Global, Inc. ("Inventergy" is a Silicon Valley-based intellectual property company dedicated to identifying, acquiring and licensing patented technologies of market-significant technology leaders. Led by IP industry pioneer and veteran Joe Beyers, the Company leverages decades of corporate experience, market and technology expertise, and industry connections to assist Fortune 500 companies in leveraging the value of their innovations to achieve greater returns.
About SeeThruEquity
SeeThruEquity is an equity research and corporate access firm focused on companies with less than $1 billion in market capitalization. The research is not paid for and is unbiased. The company does not conduct any investment banking or commission based business. SeeThruEquity is approved to contribute its research to Thomson One Analytics (First Call), Capital IQ, FactSet, Zacks, and distribute its research to its database of opt-in investors. The company also contributes its estimates to Thomson Estimates, the leading estimates platform on Wall Street.
For more information visit www.seethruequity.com.
Contact:
Ajay Tandon
SeeThruEquity
info@seethruequity.com
SOURCE: SeeThruEquity
(END) Dow Jones Newswires
December 11, 2015 09:01 ET (14:01 GMT)
( INVT ) SeeThruEquity Issues Update on Inventergy Global, Inc. (NASDAQ: INVT)
3 hours 18 minutes ago - DJNF
NEW YORK, NY / ACCESSWIRE / December 11, 2015 / SeeThruEquity, a leading New York City based independent equity research and corporate access firm focused on smallcap and microcap public companies, today announced that it has issued an update note on Inventergy Global, Inc. (NASDAQ: INVT).
The note is available here: INVT December 2015 Update. SeeThruEquity is an approved equity research contributor on Thomson First Call, Capital IQ, FactSet, and Zack's. The report will be available on these platforms. The firm also contributes its estimates to Thomson Estimates, the leading estimates platform on Wall Street.
Based in Campbell, CA, Inventergy (NASDAQ: INVT, "Inventergy"
is an intellectual property (IP) investment and licensing company. Inventergy works with leading technology companies to help them attain greater monetization from their IP assets and let them focus on their core business operations. The IP monetization business has high margin potential for savvy patent owners, and Inventergy has deep expertise in the telecommunications industry, in particular, and is skilled at identifying, acquiring and licensing high quality patents. We see a large potential opportunity for Inventergy, as the company has amassed an impressive portfolio of more than 700 patents in the telecom industry including seminal patents from leading global companies such as Huawei, Nokia and Panasonic. We were impressed by a very positive company outlook issued December 10, 2015, by CEO Joe Beyers, indicating that Inventergy has closed on over $6mn of transactions in 2015. This activity level is well ahead of our estimates, and we are encouraged by the progress the company has made as it pursues what it sees as a $200Bn opportunity in relevant annual revenue for potential licensees.
Additional highlights from the note are as follows:
Impressive update from CEO highlights massive opportunity
On December 10, 2015, Inventergy CEO Joe Beyers -- a seasoned technologist and inventor with over 30 years of experience working at HP before becoming CEO of Inventergy -- provided an impressive company update for investors, highlighting Inventergy's accomplishments over the last year and opportunities in 2016E and beyond as it pursues licensing opportunities for its robust IP portfolio over 700 patents. Using IDC industry data and potential licensing partners, Inventergy sees a potential base of $200Bn in annual revenues for potential licensees in four key areas: 1) Mobile handsets / devices; 2)Mobile Infrastructure (Cellular Base Stations); 3) IP Multimedia Subsystems (IMS), and Cellular Service Providers.
Transactions now tracking well ahead of our '15 estimates
Inventergy appears to be tracking ahead of our estimates, with Beyers disclosing that the company has now closed over $6mn in transactions versus our expectations that the company would generate approximately $4mn in revenue for the full year 2015. We do not believe this figure includes the recent announcement of a settlement with large telecom equipment industry player Genband US LLC, which was settled for an undisclosed amount. Transactions agreements in 2015 have included a $2mn license agreement with a mid-tier telecommunications company, as well as $4mn sales agreement for two patent families in the mobile communications infrastructure and mobile handset market segments.
Inventegy successfully completes 1:10 reverse split
On December 8, 2015, Inventergy announced that it had successfully completed a 1:10 reverse split, reducing shares outstanding from 42.2mn to approximately 4.2mn. The move was intended to help the company maintain the minimum 1.00 bid requirement for continued listing on the NASDAQ. We see a NASDAQ listing as a key investment attribute for the company, as the listing on the national exchange most associated with high profile technology companies should assist Inventergy as it pursues licensing deals and seeks to raise new financing. Importantly, Inventergy also stated that it is working with strategic industry and financial partners to secure the ability to execute on its deal pipeline without needing to enter the equity markets in the short term.
Price target moves to $10.30 to reflect reverse split
We are adjusting our price target for Inventergy to reflect the company's recent 1:10 reverse split. We were impressed by the company's December 10 announcement including both the progress made in 2015, the Genband settlement, and the scope of the revenue from potential licensees revenues in the company's four key target areas.
Please review important disclosures at www.seethruequity.com.
About Inventergy Global, Inc.
Inventergy Global, Inc. ("Inventergy"
is a Silicon Valley-based intellectual property company dedicated to identifying, acquiring and licensing patented technologies of market-significant technology leaders. Led by IP industry pioneer and veteran Joe Beyers, the Company leverages decades of corporate experience, market and technology expertise, and industry connections to assist Fortune 500 companies in leveraging the value of their innovations to achieve greater returns. About SeeThruEquity
SeeThruEquity is an equity research and corporate access firm focused on companies with less than $1 billion in market capitalization. The research is not paid for and is unbiased. The company does not conduct any investment banking or commission based business. SeeThruEquity is approved to contribute its research to Thomson One Analytics (First Call), Capital IQ, FactSet, Zacks, and distribute its research to its database of opt-in investors. The company also contributes its estimates to Thomson Estimates, the leading estimates platform on Wall Street.
For more information visit www.seethruequity.com.
Contact:
Ajay Tandon
SeeThruEquity
info@seethruequity.com
SOURCE: SeeThruEquity
(END) Dow Jones Newswires
December 11, 2015 09:01 ET (14:01 GMT)
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I'm in it to win it!
NASDAQ DIP and RIP
Here is the best word that describes what i do here.
Intuitive;
means having the ability to understand or know something without any direct evidence or reasoning process.
I was born with it, I'm truly blessed!
Alway's searching for winners'
NASDAQ DIP and RIP
Here is the best word that describes what i do here.
Intuitive;
means having the ability to understand or know something without any direct evidence or reasoning process.
I was born with it, I'm truly blessed!
Alway's searching for winners'
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