Inventergy Global raises $499,989.60 from sale of shares to CEO Beyers

Inventergy Global Inc., the intellectual property investment and licensing company run by CEO Joseph Beyers, said it agreed on Sept. 23 to issue 233,640 shares of common stock at a purchase price of $2.14 to raise $499,989.60. Shares of Inventergy closed up 2 cents to $1.65 yesterday in Nasdaq Capital Market trading. They’ve traded between [...]

By | September 30th, 2014|Patent Investing|Comments Off on Inventergy Global raises $499,989.60 from sale of shares to CEO Beyers

Microcap financier Honig may earn up to $280,000 in preferred stock for advising Marathon Patent Group on new patent analytics product

Microcap financier Barry Honig, who claims Marathon Patent Group and Inventergy Global Inc. as his two favorite patent assertion entities, signed a consulting agreement with Marathon on Sept. 17 that will pay him for advice and support. Los Angeles-based Marathon said in a Sept. 19 filing with the Securities and Exchange Commission that Honig’s advice [...]

By | September 23rd, 2014|Patent Investing|Comments Off on Microcap financier Honig may earn up to $280,000 in preferred stock for advising Marathon Patent Group on new patent analytics product

Inventergy Global may need to raise equity, though debt and bridge capital from CEO are preferred options

Inventergy Global Inc., the intellectual property investment and licensing company run by CEO Joseph Beyers, may soon have to raise capital in order to run its business. The Campbell, Calif.-based company reported net cash used during the first six months of 2014 of $4.57 million. It was down to just $484,175 in cash and cash [...]

By | September 23rd, 2014|Patent Investing|Comments Off on Inventergy Global may need to raise equity, though debt and bridge capital from CEO are preferred options

Microcap financier Honig sours on IP monetizers except for Marathon, Inventergy

Microcap financier Barry Honig was an early backer of patent investing companies such as Vringo Inc. and has invested in many others thanks to his 74-year-old father, a forensic accountant, who introduced him to the business. About five years ago, Honig’s father Alan Honig introduced him to a client, who was a professor of radiology [...]

By | September 20th, 2014|Patent Investing|Comments Off on Microcap financier Honig sours on IP monetizers except for Marathon, Inventergy

Finjan CEO Hartstein plays down adverse ruling in 2010 case, stresses ‘credibility’

Finjan Holdings Inc. CEO Phil Hartstein is still considering his options after the Court of Appeals for the Federal Circuit invalidated two patents at issue in an infringement action his company brought in 2010 against Symantec Corp. and others. Hartstein said in a phone interview on Tuesday, Sept. 16, that it’s possible the company might [...]

By | September 17th, 2014|Patent Investing|Comments Off on Finjan CEO Hartstein plays down adverse ruling in 2010 case, stresses ‘credibility’

VirnetX is likely to see award against Apple reduced by trial court after appellate reversal

VirnetX Holding Corp. is likely to see the $368.2 million award from Apple Inc. in a 2010 patent infringement case dramatically reduced after the trial court reassesses the case following an adverse ruling by the Court of Appeals for the Federal Circuit. “If you look at district court patent judgments over $100 million they do [...]

By | September 17th, 2014|Patent Investing|Comments Off on VirnetX is likely to see award against Apple reduced by trial court after appellate reversal

ITUS CEO Berman sees opportunity in roiled patent market post Alice decision

ITUS Corp. CEO Rob Berman sees disarray in the patent monetization business caused by the U.S. Supreme Court’s ruling in CLS Bank v. Alice Corp. as a buying opportunity. “Whenever markets are in disarray as they are currently, it’s generally a buying opportunity,” Berman said in an interview. “We’re seeing some very good patent portfolios [...]

By | September 16th, 2014|Patent Investing|Comments Off on ITUS CEO Berman sees opportunity in roiled patent market post Alice decision

Vringo hires famed litigator Boies to assist in I/P Engine appeal

Vringo Inc., the patent monetization company seeking an en banc appeal of an adverse Court of Appeals ruling in I/P Engine v. AOL Inc., Google Inc. et al, said it hired David Boies, chairman of the law firm Boies Schiller & Flexner LLP to assist on the appeal. New York-based Vringo said in a securities [...]

By | September 12th, 2014|Patent Investing|Comments Off on Vringo hires famed litigator Boies to assist in I/P Engine appeal

Federal courts cite high court’s Alice ruling in throwing out suits by Walker Digital, ITUS

Patent assertion companies Walker Digital LLC and ITUS Corp. both recently had patent infringement cases dismissed and patents invalidated based on the U.S. Supreme Court’s recent decision in CLS Bank International v. Alice Corp. Pty. Ltd. CLS Bank, a provider of cash settlement services to the foreign exchange market, sued Alice, a Victoria, Australia-based company [...]

By | September 8th, 2014|Patent Investing|Comments Off on Federal courts cite high court’s Alice ruling in throwing out suits by Walker Digital, ITUS

Federal judge says Vringo has chance for ‘enormous punitive damages’ against ZTE Corp.

Vringo Inc., the patent monetization company that had a $30.5 million jury award reversed by a federal appellate court on Aug. 15, may have a chance for “very serious money” and “enormous punitive damages” in a breach of contract lawsuit against Chinese telecommunications company ZTE Corp. That’s the view expressed by Judge Lewis Kaplan of [...]

By | September 1st, 2014|Patent Investing|Comments Off on Federal judge says Vringo has chance for ‘enormous punitive damages’ against ZTE Corp.