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Network-1 Technologies Inc. (NTIP)

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Last Post: 3/20/2017 4:15:31 PM - Followers: 23 - Board type: Free - Posts Today: 0

NTIP - Power over Ethernet (PoE) Patent Owner, Among Others

Collecting royalties from Cisco through 2020.

From Seeking Alpha article (March 2015):
http://seekingalpha.com/article/2964456-networkminus-1-technologies-an-undiscovered-cash-rich-company-with-a-solid-revenue-stream-could-see-substantial-upside-on-proven-ip-assets

- With $21M+ in cash, no debt, consistent share repurchases of $7.5M+, a $23M NOL carryforwards and a proven multi-million dollar revenue stream with 16 licensees, NTIP is financially rock solid.
- The company’s IP is extremely stable with its key Remote Power Patent overcoming two USTPO re-exams, an IPR, and being licensed (validated) by industry giants such as Cisco.
- The company has two additional avenues of growth which have the potential to provide hundreds of millions in revenue - its Mirror Worlds and Cox patent portfolios.
- 25%+ insider ownership by the company’s impressive CEO Corey Horowitz aligns his interests perfectly with shareholders.
- NTIP’s shares could see a conservative 75% upside growth in 2015 with far greater returns possible for 2016 and beyond.

NEW YORK, Nov. 11, 2016 /PRNewswire/ -- Network-1 Technologies, Inc. (NYSE: NTIP) today announced financial results for the quarter ended September 30, 2016. (Now $58 million cash!)

Network-1 had the largest quarterly revenues in its history with revenue of $34,326,000 for the three months ended September 30, 2016 as compared with revenue of $3,008,000 for the three months ended September 30, 2015.  The increase in revenue of $31,318,000 for the three months ended September 30, 2016, was due primarily to additional licensing revenue of $31,000,000 from settlement and licensing agreements entered into with Apple Inc. and Dell, Inc. during the quarter.   Revenue from royalty bearing licenses for patents decreased $232,000or 14% from $1,658,000 to $1,426,000 for the three months ended September 30, 2016 compared to the three months ended September 30, 2015.

Network-1 had revenue of $59,963,000 for the nine months ended September 30, 2016 as compared to revenue of $10,382,000 for the nine months ended September 30, 2015.  The increase in revenue of $49,581,000 for the nine months ended September 30, 2016, was due primarily to additional licensing revenue of $31,000,000 from settlement and licensing agreements  with Apple Inc., and Dell, Inc. as well as a $17,500,000 settlement of a professional liability claim.   Revenue from royalty bearing licenses for patents increased $70,000 or 1% from $8,593,000 to $8,663,000 for the nine months ended September 30, 2016 compared to the nine months ended September 30, 2015.

Network-1 reported net income of $10,832,000 or $0.46 per share (basic) and $0.43 per share (diluted) for the three months ended September 30, 2016 compared with net income of $407,000 or $0.02 per share (basic and diluted) for the three months ended September 30, 2015. 

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NTIP
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NTIP News: Statement of Changes in Beneficial Ownership (4) 05/16/2017 04:44:00 PM
NTIP News: Current Report Filing (8-k) 05/16/2017 03:47:39 PM
NTIP News: Quarterly Report (10-q) 05/15/2017 11:45:26 AM
NTIP News: Current Report Filing (8-k) 05/12/2017 01:47:04 PM
NTIP News: Statement of Changes in Beneficial Ownership (4) 05/10/2017 05:17:04 PM
PostSubject
#196   (New High)NEW YORK,NY 03/20/17--Network-1 Technologies, Inc.(NTIP), a company geodan 03/20/17 04:15:31 PM
#195   But with the earnings reports coming out soon ajayman 03/19/17 09:48:02 AM
#194   To be expected, 50% rise in last 3 geodan 03/18/17 11:10:34 PM
#193   What's up with the insider sell today though..? ajayman 03/17/17 06:02:39 PM
#192   Yeah. This stock will most likely double by Going2Good 03/16/17 08:03:18 PM
#191   Only 25% range today!!3.75 to 4.75 roughly, are geodan 03/16/17 05:05:44 PM
#190   I sold 250 shares at 4.2 lol. Man Going2Good 03/15/17 04:22:47 PM
#189   4.25 now: Ajay,super value stocks with cash out geodan 03/13/17 03:02:11 PM
#188   It has been nice... if the markets slip ajayman 03/13/17 02:50:54 PM
#187   Amazing breakout today. Don't forget to sale on Going2Good 03/13/17 02:39:37 PM
#186   NTIP hit 4.20 today, new high geodan 03/13/17 01:17:14 PM
#185   Big run again,no news none needed$4.10 geodan 03/07/17 11:29:07 AM
#184   Ajay as solid as they get, on some geodan 02/21/17 03:09:05 PM
#183   I've been trading in the otc for the ajayman 02/19/17 10:02:28 AM
#182   Great article on SeekingAlpha about NTIP today geodan 02/17/17 03:42:35 PM
#181   Good for you KMX. I am sitting geodan 02/03/17 11:01:01 AM
#180   I have added another 3000 shares...my guaranteed annual kmx_swing 02/02/17 02:44:11 PM
#179   $4.00 another 15year closing high for NTIP. geodan 01/24/17 09:44:35 PM
#178   I use IB which has a weak version geodan 01/24/17 08:59:50 PM
#177   I never used level 2 before. Does it Going2Good 01/24/17 02:01:18 PM
#176   Not much left at $4, 500 shares. NTIP geodan 01/24/17 12:42:08 PM
#175   I never judge the stocks based on what kmx_swing 01/20/17 02:00:42 AM
#174   I agree, but I rather take profit out Going2Good 01/19/17 06:03:04 PM
#173   488,000 Close$3.90, High Volume breakout geodan 01/19/17 05:36:08 PM
#172   KMX I bot TASR and sold for a geodan 01/19/17 04:37:06 PM
#171   funny, I will be buying at least untill kmx_swing 01/19/17 04:19:23 PM
#170   I just sold 20 percent of my shares. Going2Good 01/19/17 03:34:42 PM
#169   Biggest volume in 18 months today, Smell a geodan 01/19/17 03:29:14 PM
#168   I have sold about 10%,and think this can geodan 01/19/17 03:22:56 PM
#167   Make that $4.00 now Breaking out geodan 01/19/17 03:20:17 PM
#166   when do you plan on selling your shares Going2Good 01/19/17 03:19:48 PM
#165   IB Interactive Broker, Wow 411,000 today! Heavy geodan 01/19/17 03:18:33 PM
#164   I dont have access to level 2 unfortunately. Going2Good 01/19/17 03:13:50 PM
#163   Big buying coming in now,I SuspectFund 10,000Bid $3.90 geodan 01/19/17 03:12:03 PM
#162   Cant decide if this is too early to Going2Good 01/19/17 02:45:30 PM
#161   NTIP Now $3.95,reminds me of PTSC,my first 20 geodan 01/19/17 12:41:55 PM
#160   ok, I have thought that recently...whatever, who cares. kmx_swing 01/19/17 11:44:15 AM
#159   New 16 year high for NTIP, now $3.90 geodan 01/19/17 11:35:29 AM
#158   2014 PR on Buybacks: geodan 01/19/17 11:33:40 AM
#157   Morningstar shows 7 million reduction in last 5 geodan 01/19/17 11:25:29 AM
#156   that sounds like bullshit, geodan.. O/S number is kmx_swing 01/18/17 05:52:12 PM
#155   Feel even better,just talkedWithCEO KMX geodan 01/18/17 12:32:48 PM
#154   Now, I have guaranteed annual dividend of 840 kmx_swing 01/18/17 12:22:02 PM
#153   many good points KMX, thanks for post. geodan 01/11/17 02:56:50 PM
#152   Basically - more money they make, more settlements kmx_swing 01/11/17 02:33:50 AM
#151   At Network-1, we are focused on the development, kmx_swing 01/11/17 02:18:43 AM
#150   Network-1 Technologies Gets 4thPatentInWeeks! geodan 01/10/17 05:52:36 PM
#149   Look at that heavy volume. Now that's accumulation. Going2Good 01/10/17 03:39:43 PM
#148   3.70 Ask just fell, 3.75 Ask now :-) geodan 01/10/17 12:13:31 PM
#147   I am slowly getting filled...sitting at 3.70 bid kmx_swing 01/10/17 11:17:11 AM
PostSubject