ENIP HAS 6 LAWSUITS AGAINST MAJOR PLAYERS IN THE ENERGY SECTOR
FOR INFRINGING ON ENIP's SMART METER PATENT http://www.enip.com/courtfilings/
~ENIP~ WINS FIRST SETTLEMENT AGAINST "CON EDISON(NYSE: ED)"
8K LINK>>> http://ih.advfn.com/p.php?pid=nmona&article=62171948
ITEM 1.01 ENTRY INTO MATERIAL DEFINITIVE AGREEMENT.
On May 6, 2014, Endeavor IP, Inc. (the “Company”), through its wholly owned subsidiary, Endeavor Energy, Inc., entered into a license, settlement and release agreement (the “Settlement Agreement”) under its lawsuit asserting certain claims of patent infringement related to U.S. Patent No. 7,336,201 entitled “Remote Access Energy Meter System and Method” (the “Patent”). The Patent was acquired during 2013 from Spiral Energy Tech, Inc., (formerly Solid Solar Energy, Inc.)(“Spiral”) in May 2013. Under the terms of the agreement the Company is required to pay 20% of the amount net recoveries received to Spiral. During 2013, the Company commenced lawsuits against Consolidated Edison Solutions, Inc. and Consolidated Edison Development, Inc. (“Con Edison”) in the United States District Court in the Southern District of New York (No. 13 CV 6528) as well as Tucson Electric Power Company in the United States District Court of Arizona (No. 4:13-CV-2396).
~ENIP~ WINS SECOND SETTLEMENT AGAINST NASDAQ CO. "ITRON" (NASDAQ: ITRI)
8K LINK>>> http://ih.advfn.com/p.php?pid=nmona&article=63141171
Item 8.01 Other Events
On August 4, 2014, the Company issued a press release announcing that its wholly-owned subsidiary Endeavor MeshTech, Inc. has entered into a license and settlement agreement with Itron, Inc.
~ENIP~ WINS THIRD SETTLEMENT AGAINST "SENSUS USA"
"...The company has one of the largest installed Advanced Metering Infrastructure (AMI) bases in the world." =======================================================================================================================================
LOOK WHO IS NEXT ON THE SMART METER PATENT LAWSUIT TRAIN... "Our wholly-owned subsidiary, Endeavor MeshTech, Inc. (“Endeavor MeshTech”) filed patent infringement lawsuits against two defendants in the United States District Court for the District of Delaware. The two defendants are Itron, Inc. and Elster Solutions, LLC, Case Nos. 1:13-cv-01343-and 1:13-cv-01344, respectively. Endeavor MeshTech, Inc. is asserting claims of patent infringement related to U.S. Patent No. 7,379,981 (the ‘981 patent), entitled “Wireless Communication Enabled Meter and Network.” The lawsuits allege that the defendants have infringed, and continue to infringe, the claims of the ’981 patent."
Elster is a world leader in measuring and improving the flow of natural gas, electricity and water in more than 130 countries. With one of the most extensive installed revenue measurement bases in the world and more than 200 million metering modules deployed over the course of the last 10 years alone, Elster is enabling the vital connections between technology and Earth’s energy and resources for our global community.
READ THAT AGAIN >>> "200 MILLION METERING MODULES"
IF ENIP JUST GOT .10 CENTS FOR EACH METER THAT THESE MAJOR ENERGY COMPANIES' INFRINGED ON OR .10 FOR EACH USE OF THE LICENSE FOR FUTURE METERS, THAT IS $20 MILLION. ***DISCLAIMER***
WHAT IF THEY GET .50 CENTS OR $1 PER METER?
AND THAT IS JUST 1 OF THIS 6 COMPANIES' ENIP HAS A LAWSUIT AGAINST! =============================================================================================================================================== 600 MILLION SMART METERS BY 2016... http://www.intelligentutility.com/magazine/article/253959/6027-million-installed-smart-meters-globally-2016 ============================================================================================================================================== PATENT VALUE>>> The value of the patents on the books before they were decreased due to amortization, was something like $1.5 million dollars. So we know the patents are really worth around $1.5M, which is our current valuation. But that was before we were winning in a court of law! What is the value now? Knowing that we can successfully beat any energy company infringing on them? $2 Million? $5 Million? Patents alone are probably worth far more then current valuation! ============================================================================================================================================ IN ANOTHER CASE, A JURY AWARDED $8 MILLION TO PATENT HOLDER INFRINGED UPON BY ITRON... LINK... http://apps.shareholder.com/sec/viewerContent.aspx?companyid=ITRI&docid=2347680
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