Network-1 Technologies Inc. (NTIP)

[geodan]

Feel even better,just talkedWithCEO KMX

Cory is obviously both very smart and a good businessman. He is aware they are very cheap, they have bought back much of the stock, 12 million shares at an average cost of $1.65. He said they have about 28 licensees (people paying them money for patents) that pay them on ongoing basis that should generate over $10 million a year outside of these big lawsuit wins they are getting. And thye have 2 really big ones in process(lawsuits).

This is one safe investment. He has created a lot of value here and plans to keep going, to continue the business model and grow their patent stable.

And he was quite aware of PTSC, a mirror company which was my first 20 bagger as a stock. The difference he said is that PTSC was a one shot wonder, whereas NTIP has many patents and is adding to their stable.

Cheers