$INVT *MUST READ* This is so much bigger than I originally thought.
This is from the CEO in a PR in May:
"We are excited with the prospect of sharing in future net monetization revenues from the patents held by INVT SPE LLC. This revenue share, our significantly reduced cash burn rate, and the opportunities for our Inventergy Innovations business will enable us to increase value for our stockholders."
In connection with the restructuring, Inventergy assigned its 740 telecommunications patents to INVT SPE LLC, managed by Fortress Investment Group LLC.
Fortress Investment Group LLC (NYSE: “FIG”) is a leading, highly diversified global investment manager with $72.4 billion(1,2) of assets under management as of June 30, 2017.
Now this is from a PR in October stating the current worth of INVT's share of this IP portfolio known now as INVT SPE:
"As part of the debt restructuring, we obtained a third party independent valuation of Inventergy's ownership interest in INVT SPE. That valuation determined that our ownership interest had a net present value of approximately $43 million"
So right now INVT's share alone of just INVT SPE is worth $43 mil. but these are just some of the cases that are in court right now and it seems like Fortress and INVT SPE are favored to win them all:
Just Google INVT SPE:
INVT SPE LLC v. APPLE INC. - RPX Insight - RPX Corporation
https://insight.rpxcorp.com/lit/njdce-349166-...pe-v-apple
May 25, 2017 - 1Plaintiff; 1Defendant; 2Accused Products; 7Patents In Suit; 10Docket Entries; 100Days In Litigation. Overview. View Complaint. Cause of ...
INVT SPE LLC v. HTC CORPORATION et al - Law360
https://www.law360.com/cases/59273288a3ff623d50000001
Parties, docket activity and news coverage of federal case INVT SPE LLC v. HTC CORPORATION et al, case number 2:17-cv-03740, from New Jersey Court.
INVT SPE LLC v. ZTE CORPORATION et al (2:17-cv-06522), New ...
https://www.pacermonitor.com/.../INVT_SPE_LLC...TION_et_al
Aug 29, 2017 - INVT SPE LLC v. ZTE CORPORATION et al (2:17-cv-06522), New Jersey District Court, Filed: 08/29/2017 - PacerMonitor Mobile Federal and ...
INVT SPE LLC v. HTC CORPORATION et al :: Justia Dockets & Filings
https://dockets.justia.com/docket/new-jersey/...740/349168
May 25, 2017 - HTC CORPORATION et al. Plaintiff: INVT SPE LLC. Defendant: HTC CORPORATION and HTC AMERICA, INC. Case Number: 2:2017cv03740.
Invt Spe Llc V Apple Inc - UniCourt
https://unicourt.com/case/pc-db1-invt-spe-llc...inc-458750
May 26, 2017 - On 05/25/2017 a Property Rights - Patents (830) case was filed by Invt Spe Llc against Apple Inc in the jurisdiction of U.S. District Courts, New ...
So with a market cap of only 1.6 million and a IP portfolio currently worth 43 mil. along with it's other business this is already a 10 bagger++. But if they win just one of these Patent Cases we are talking a 100 bagger+.
This is from the CEO in a PR in May:
"We are excited with the prospect of sharing in future net monetization revenues from the patents held by INVT SPE LLC. This revenue share, our significantly reduced cash burn rate, and the opportunities for our Inventergy Innovations business will enable us to increase value for our stockholders."
In connection with the restructuring, Inventergy assigned its 740 telecommunications patents to INVT SPE LLC, managed by Fortress Investment Group LLC.
Fortress Investment Group LLC (NYSE: “FIG”) is a leading, highly diversified global investment manager with $72.4 billion(1,2) of assets under management as of June 30, 2017.
Now this is from a PR in October stating the current worth of INVT's share of this IP portfolio known now as INVT SPE:
"As part of the debt restructuring, we obtained a third party independent valuation of Inventergy's ownership interest in INVT SPE. That valuation determined that our ownership interest had a net present value of approximately $43 million"
So right now INVT's share alone of just INVT SPE is worth $43 mil. but these are just some of the cases that are in court right now and it seems like Fortress and INVT SPE are favored to win them all:
Just Google INVT SPE:
INVT SPE LLC v. APPLE INC. - RPX Insight - RPX Corporation
https://insight.rpxcorp.com/lit/njdce-349166-...pe-v-apple
May 25, 2017 - 1Plaintiff; 1Defendant; 2Accused Products; 7Patents In Suit; 10Docket Entries; 100Days In Litigation. Overview. View Complaint. Cause of ...
INVT SPE LLC v. HTC CORPORATION et al - Law360
https://www.law360.com/cases/59273288a3ff623d50000001
Parties, docket activity and news coverage of federal case INVT SPE LLC v. HTC CORPORATION et al, case number 2:17-cv-03740, from New Jersey Court.
INVT SPE LLC v. ZTE CORPORATION et al (2:17-cv-06522), New ...
https://www.pacermonitor.com/.../INVT_SPE_LLC...TION_et_al
Aug 29, 2017 - INVT SPE LLC v. ZTE CORPORATION et al (2:17-cv-06522), New Jersey District Court, Filed: 08/29/2017 - PacerMonitor Mobile Federal and ...
INVT SPE LLC v. HTC CORPORATION et al :: Justia Dockets & Filings
https://dockets.justia.com/docket/new-jersey/...740/349168
May 25, 2017 - HTC CORPORATION et al. Plaintiff: INVT SPE LLC. Defendant: HTC CORPORATION and HTC AMERICA, INC. Case Number: 2:2017cv03740.
Invt Spe Llc V Apple Inc - UniCourt
https://unicourt.com/case/pc-db1-invt-spe-llc...inc-458750
May 26, 2017 - On 05/25/2017 a Property Rights - Patents (830) case was filed by Invt Spe Llc against Apple Inc in the jurisdiction of U.S. District Courts, New ...
So with a market cap of only 1.6 million and a IP portfolio currently worth 43 mil. along with it's other business this is already a 10 bagger++. But if they win just one of these Patent Cases we are talking a 100 bagger+.
