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$NTIP accumulation
Avg Vol (3 month) 3
71.19k
Avg Vol (10 day) 3
122.44k
https://finance.yahoo.com/quote/NTIP/key-statistics?p=NTIP
Avg Vol 50 day
84.3k
http://research.investors.com/stock-quotes/amex-network-1-technologies-ntip.htm?fromsearch=1
Im excited to see tomorrow's action. Dont forget to cash out some profits.
Pigs get fat and hogs get slaughter.
NTIP did it, closed at 3.35!
last time this high, 2001! superb chart now and huge value.
Cheers
NTIP accumulation continues,veryStrongChart,StockTA.com 100% bullish
http://www.stockta.com/cgi-bin/analysis.pl?symb=NTIP&cobrand=&mode=stock
Overall Short Intermediate Long
Bullish (0.46) Very Bullish (0.53) Very Bullish (0.50) Bullish (0.35)
Read more at http://www.stockta.com/cgi-bin/analysis.pl?symb=NTIP&cobrand=&mode=stock#5X2KzGwEhKgUFBDM.99
Those numbers put NTIP maybe in top 2% TA wise, good to see. It is a classic breakout.
BWMG today also went 100% bullish, but not as extreme as NTIP.
2.60 to 3.30 a straight line rally+Volume, looking at a 1 yr chart, it looks great. The last really 2 to 3 early in the year was mostly straight line, but slower and less straight and much less volume. Good omen for a big run.
Looks like its being accumulated by bigger players than were in it before.
On Fidelity shows yesterday3.30High,3.20CloseButBetterForChart
That chart shows NTIP has just done a green candle engulf of red hammer yesterday, a great set up.
Cheers
Nice close 3.30 +0.20 (+6.45%) $NTIP
Yeah. That's what I'm thinking. I've been trading 25percent of my shares the last month or so. I wish it goes down to 3 one more time so I can buy again.
3.15+.10 NTIP starting to Look Exciting on chart
Being a super value stock, finally catching notice.
Cheers
2Good, have no idea why NTIP tardes so strangely? The rally is great, but it does wild gyrations on way up. Its 3.10 right now, better than any close in years think, but Ask is just 2.85 after being 3.05?? Maybe someone trying to buy without pushing it.
A "sister" company to NTIP is BWMG, it terms both had cash = to or higher than mkt cap last week. Well NTIP has made new highs and BWMG has TRIPLED!! check the chart.
Just wrote a report on it: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=126801605
Cheers
This might possibly be a new base. Let's hope the stock price reach record highs by mid December.
The past indicates they will use it to create more sales and porfits, seeno dividend. The company has been around a long time.
Am just guessing but they might be shopping for more patents to sell.
Any indication how they will use cash? $NTIP http://finance.yahoo.com/q/bs?s=NTIP
Network-1 Technologies Inc.
http://www.network-1.com/
FloggersPost contains evidence that NTIP BestValueStockOutThere 0.3EV/EBITDA
Read it and you will see that a screenr indiactes its teh best value stock out there: here it is: http://www.investorvillage.com/smbd.asp?mb=4245&mn=958501&pt=msg&mid=16592153
FloggersOfWorseThanWorthlessStocks, ThereIsABetterWay, FlogRealCompanies
There is a much more profitable and much more honorable way to make money that flogging worse than worthless stocks. Flogging worse than worthless stocks is very common. Just one example on InvestorsHub.com there is a BB's Stock Haven that gets over 150 posts a day.
I copied the newest 10 posts there, and looked at the financial results on Yahoo for them, culling it to 7 stocks as one poster posted 5 in a row, so just took his first 3. Every one, 100% of them were worth less than worthless. A dog turd is worthless but you are better off owning a dog turd than these companies because each one of them would bankrupt you if you did own them. First the stocks, then the #s:
iHub does not handle HTML, so see www.investorvillage.com/smbd.asp?mb=19405&mn=400&pt=msg&mid=16591982 for the whole post
See how if someone gave them to you for free each one would bankrupt you as they are losing much more money than they have left? Pretty simple isn't it?
So why are they being flogged (promoted) endlessly? It is the “Greater Fool” method, buy something worse than worthless and sell it for more to a greater fool. The buyer may be another greater fool operator or a real fool. If the buyer than gets conned into buy these worse than dog turd stocks is a real fool who believes the hype, it could ruin their retirement. In fact no doubt some people have been made homeless by believing the hype on worse than worthless stocks and investing their life savings in them. That makes the hypers and floggers of these stocks who know they are worthless, not very honorable. What a waste of human effort and capital.
What is the better solution? Hyping and promoting real companies that are worth more than the current value. First it is honorable, second they will not disappear in months or years AND they will tend to go up a lot more. Why not promote real profitable companies? It has worked for me. My long term investment record without using margin in my IRA is over 20% CAGR (Compounded Annual Growth Rate) over 14 years, that is about 3 times better than Warren Buffet's track record (8.28ÊGR) for the same 14 years in terms of CAGR%, and Buffet uses heavy margin. And CAGR% is not linear in terms of results so end results are way better than 3 times better than Buffet's.
How did I do it? Similar to Buffet am a value investor but unlike Buffet I do not shy away from low priced stocks. A big myth is low price means its a scam, and 2ndly I go after stocks that can go up 5 or 10 times or even better than that, and been blessed to have that happen several times.
There can be stocks under a penny that are profitable and have more cash than market cap (the total value of stock if you bot it all, read on as will tell you about two of them). So why do the floggers on Ihub's BB Stock Haven and countless similar stock flogging sites not promote real profitable stocks with value that can run so much more than worthless stocks can? Good question. Maybe they do not know how to find them, nor even thought of doing such a thing.
One reason is that maybe 60% of people who invest are not capable of understanding financials or quarterly reports. Instead they go for the 2 most dangerous words on Wall Street “Concept Stocks”. Remember Pets.com and myriad other internet stocks in 1999 that had $100 million+ mkt caps? Those stocks are worthless today beyond being used as toilet paper, and they were worthless in 1999 too, just their investors did not know it. They never made profits.
There are always new worthless “concept stocks” with huge valuations that the big brokerage houses promote and give top ratings to like $billion+ Sun Edison (SUNE, gee the sun is free so solar energy must be free too), check out that chart, dropped like 99% in last year and is in bankruptcy.
So the solution is never investing in worthless stocks even if Wall Street says they are wonderful, but how do you do that? It is not all that hard. If you can read financials go after profitable companies that are not in debt trouble and buy the most extremely undervalued ones.
If you are like most investors that do not understand what EBITDA is or what FCF (Free Cash Flow) is, you can still do better than 80% of mutual finds. Two ways, one just buy the SPY (SP500 the biggest 500 companies in USA), how easy is that? And it beats about 80% of mutual funds and has tiny fees.
If you want outsized returns, like 15%, 20% or more per year as I have been fortunate to get, and you can not read financial reports and truly understand them (most investors, be honest with yourself) then you still can do it. By using stock screeners that do the math for you. I have used a few and have settled on UncleStock.com. The single most effective metric is EV/EBITDA according to academic studies. http://www.wallstreetdaily.com/2014/06/06/ev-ebitda-valuation-metric/ and http://www.valuewalk.com/2011/12/evebitda-is-best-valuation-metric-according-to-new-study/ Why it is better than P/E ratio is that EV/EBITDA pays attention to debt and cash and both are super important to the health of a company, P/E does not.
EV = Market Cap + Total Debt + Preferred Stock + Minority Interest – Cash
EBITDA = Earnings Before Interest, Taxes, Depreciation and Amortization
In a nutshell roughly a 5 EV/EBITDA means in 5 years the company will pay you back for the cost of buying it, quite good. A 1.5 EBITDA means it will pay you back in 1.5 years and in the next 1.5 years it will pay you back again, and so forth. The lower the better. 1.5 is sensational, but they do exist. My biggest position in 2014 and 2015 was CLGRF a 1.2 EV/EBITDA stock that went up over 25 times (2400%) in 2.5 years.
I have used EV/EBITDA a lot but most stock screeners have a flaw, if EBITDA is negative, it is losing money. The formula gives negative ratio just as if only the EV was negative ( negative EV is a good thing it has more cash than mkt cap, the company is for free, it happens read on) and if Both EV and EBITDA are negative it gets a positive rating. So 90% of the stocks with the lowest EV/EBITDA in screeners were actual poor value stocks that had to discard which required time reading the financials. Then found that UncleStock.com has a new version called Allen EV/EBITDA that fixes the problem. It is named after an investor Dana Allen that was selected as one of the best in the book “Millionaire Traders” by Boris Sclossberg and Kathy Lien.
In fact UncleStock has a screen in the public area that is simply an Allen EV/EBITDA < 1.8, and it is labeled as that, and it has a compounded annual return of 36% over the last 5 years!! That is way better than almost every hedgefund there is over same period. It looks like it finds about 10 stocks a year. And see it has 3 stocks I have or have had this year, FPRX, NTIP and MAH.AX. Whole lot less work than I did to find those. What does 36% do? In 15 years $10,000 becomes over $1,000,000 and in 20 years it becomes $4,685,000 or 46 times more. http://ncalculators.com/investment/cagr-compound-annual-growth-rate-calculator.htm
Again images and HTML at
iHub does not handle HTML, so see www.investorvillage.com/smbd.asp?mb=19405&mn=400&pt=msg&mid=16591982 for the whole post
And it made money every year, and is up 47% so far in 2016, wow. And so simple. So I suggest finding a screen like that, then select the stocks you like the most on the list. That is why I use UncleStock, they have back-testing built in.
Then if you want to promote them you are promoting something likely to make you and others money, instead of ruining people with worse than worthless stocks.
I “promoted” CLGRF when it was under 0.15 just using the facts and it went to near $3.00 after rising then being bot by SSRI then SSRI rising, sold out in August the last of it for over 25 times my low buy of 0.12. A friend of mine just bought a near $1 million dollar home and land with most of the money coming from profits from that one investment. CLGRF had a EV/EBITDA of 1.2 at one point when it was low.
Now for two specific stocks, one on the Allen EV/EBITDA < 1.8 list above, NTIP. Here are the numbers: https://ca.finance.yahoo.com/q/ks?s=ntip&ql=1 NTIP just came out with a Q that was sensational. They made a big sale to Apple and Dell and just in last 3 months (Q) their cash went from $35 million (shown on link) to about $58 million and a few days ago it had a market cap of about $60 million. https://ca.finance.yahoo.com/q/bs?s=NTIP
And Net Income was $2.4 million in 12-31-2015Q and $10.8 million in last Q (9-30-2016) So their EV/EBITDA today is about 0.3!! and NTIP had the best EV/EBITDA in USA according to that UncleStock Screen for a company that was profitable in last Q, when it was 1.5!! (lower is better) This means With NTIP's now $10 million Enterprise Value and $11 million profit in the last Q it pays you back over 100% for owning it every Q, 4 times a year if you owned all the stock. It has an current EV/EBITDA of about 0.3 by my calculations. That is truly amazing. And should show up as such on Yahoo soon. Note they did have a great Q and the next one may not be as good, BUT $10 million EV and $11 million profit in last Q is fantastic even if not repeated.
They are getting patent fees from big NASDAQ 100 firms and will get more. Read their last few PRs.
NETWORK 1 TECHNOLOGIES INC FinancialsEDGAR Online Financials(Sat Nov 19)
NETWORK 1 TECHNOLOGIES INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements anEDGAR Online(Mon Nov 14)
Network-1 Technologies, Inc :NTIP-US: Earnings Analysis: Q3, 2016 By the Numbers : November 14, 2016at Capital Cube(Mon Nov 14)
NETWORK 1 TECHNOLOGIES INC Files SEC form 10-Q, Quarterly ReportEDGAR Online(Mon Nov 14)
Network-1 Reports Record Breaking Third Quarter 2016 ResultsPR Newswire(Fri Nov 11)
Network-1 Receives Markman Ruling in Patent Litigation Against Major Data Networking Equipment ManufacturersPR Newswire(Fri Nov 4)
If you are going to promote a stock, why not a stock that is for free? Last week it had as much cash as the value of the stock! And it has gone up some since their results are out, made new multi-year high on Friday.
And such stocks exist in the sub penny world. The best sub penny one know of, will not reveal right now here, is not on the list only because it has less than $60,000 a day trading volume. The stock price was sub penny last week. So there are super value sub penny stocks too.
So why are the full time promoters of worse than worthless stocks not promoting such a stock or NTIP? My experience is the biggest gainers, and I have had several 20+ baggers, are undervalued profitable companies.
I am truly curious as why penny stock promoters are not on NTIP and other undervalued stocks. All my 10 bagger of better stocks were undervalued profitable stocks. As the title stated Floggers Of Worse Than Worthless Stocks, There Is A Better Way, Flog Real Companies
Cheers
BTW if you too want to help people avoid worse than worthless stocks or wasting their time promoting them, please do repost everywhere.
Thanks
243,000 so far, did gap but running not filling so far. A hyper value stock like NTIP can go a long ways. Its 1.5 EV/EBITDA based on older not nearly as good numbers not updated for great Q so far https://ca.finance.yahoo.com/q/ks?s=ntip&ql=1
Valuation Measures
Market Cap (intraday)5: 73.49M
Enterprise Value (Nov 21, 2016)3: 33.48M
Trailing P/E (ttm, intraday): 5.12
Forward P/E (fye Dec 31, 2017)1: N/A
PEG Ratio (5 yr expected)1: N/A
Price/Sales (ttm): 2.01
Price/Book (mrq): 1.71
Enterprise Value/Revenue (ttm)3: 0.96
Enterprise Value/EBITDA (ttm)6: 1.51
Their cash has almost doubled since then and EBITDA is up so lets say its a 0.8 EV/EBITDA now, possibly the best EV/EBITDA out there. I use UncleStock.com screener and it lists it as #2, But--
THLD Threshold Pharmaceut
9.92MUSD 0.49USD -2.43% 10% 497% 17.48K% 89% 0.20
NTIP Network-1 Technologi
28.82MUSD 3.00USD 0.00% 0% 74.70% 352% 79% 1.26
It shows 1.26 for NTIP but likely .8 now after Q and Threshold-THLD has lost money last 3 Qs, it was a one time one Q that created profit, so NTIP has the best EV/EBITDA in USA can find, wow!!
If it goes to a typical 8 EV/EBITDA that would be a 10 Baggers for us
And the only parallel to NTIP, PTSC did a 27 Bagger for me in about 6 weeks in 2006. If NTIP matched that, that is a $75 share price for NTIP based on $2.80 start.
Volume today will probably hit 500k. I can see the stock price heading to $3.5 today.
$NTIP More early volume..accumulating well...
3.15 +0.150 (+5.00%) Voloume 212,954
NYSE MKT LLC Real Time Quote Last Trade as of 10:58 AM ET 11/21/16 Extended Hours Quote and Chart: Show|Hide
Open 3.10
Previous Close 3.00
52 - Week Range 1.70 - 3.29
3/3/16 - 7/11/16
Avg Volume (10 days)117,527
Avg Volume (50 days)59,800
Thanks 1center, Fid more up to date than Yahoo, shows $12 million Enterprise Value, tiny!
from your link:
Return on Sales (Most Recent Quarter, Annualized) 31.56% -7.38%
98th
Return on Sales (TTM) 57.44% 6.27%
100th
Return on Equity (Most Recent Quarter, Annualized) 83.55% 6.35%
94th
Return on Equity (TTM) 65.66% 3.87%
98th
Return on Assets (Most Recent Quarter, Annualized) 69.91% 5.75%
100th
Return on Assets (TTM) 59.40% 5.86%
100th
Return on Investment (Most Recent Quarter, Annualized) 83.55% 7.92%
96th
Return on Investment (TTM) 65.66% 7.79%
98th
All the return percentiles are in upper 90s, impressive
Key Statistics: $NTIP
NETWORK 1 TECHNOLOGIES INC
3.00 Up 0.25 (9.09 %)AS OF 4:02:02PM ET 11/18/2016
https://eresearch.fidelity.com/eresearch/evaluate/fundamentals/keyStatistics.jhtml?stockspage=keyStatistics&symbols=NTIP
09:33 AM EDT, 11/04/2016 (MT Newswires) -- Network-1 Technologies(NTIP) said that a US court issued recommendations relating to its pending patent infringement case against Hewlett Packard (HPQ), Avaya, Juniper Networks (JNPR) and Axis Communications regarding its patent for a remote power technology.
"The court found that all of the original asserted claims of the Remote Power Patent survived the challenge, and only one claim was invalid due to improper claim broadening," the company said in a statement on Friday, adding that "we remain confident in our position that the defendants infringe our patent rights."
If they get as much out of those three as they got out of Apple and Dell, WOW!!
Lets see how next week goes. Maybe higher highs.
NTIP is $3, 15 year new high, if closes there
Finally, finally a free company gets noticed. NTIP has as much cash as market cap. 2nd free company this week I have that has been finally noticed, both taking off.
Seen this before on some my biggest winners like PTSC, TMR, CLGRF, GTN etc. Great news comes out and is missed for days, even months. NTIP is a steal here and will still be one at at $5.
Cheers
Here we go!!!!! Volume is picking up. If the stock price exceeds $3.20, I will sell half my shares for a quick profit. This could run till the end of monday. Good luck and never forget to cash out some profits.
Good catch 2Good,Yes Volume way up 21kTo415K!!!
Did not notice that, the price is insanely low on a value basis, its for free, as much cash as the market value of the stock.
I have bot quite a bit and know NTIP value will show, just a matter of when.
Very heavy volume the last few days. I wonder if its institutional buying.
NTIP breaks out to 3 month high, Flat Base
It hit 2.85 today, 9 months ago it was under $2. The market is way behind in recognizing the huge increase in revenue and profits. It will be noticed.
Network-1 Reports Record Breaking Third Quarter 2016 Results
NEW YORK, Nov. 11, 2016 /PRNewswire/ -- Network-1 Technologies, Inc. (NYSE: NTIP) today announced financial results for the quarter ended September 30, 2016.
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 $232,000 or 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.
Network-1 reported net income for the nine months ended September 30, 2016 of $22,882,000 or $0.98 per share (basic) and $0.93 per share (diluted) as compared with net income of $1,717,000 or $0.07 per share (basic and diluted) for the nine months ended September 30, 2015.
At September 30, 2016, Network-1 had cash and cash equivalents of $57,759,000 and working capital of $50,179,000. Subsequent to the end of the third quarter, Network-1 entered into settlement and license agreements aggregating $5,000,000, a portion of which will be recorded as revenue for the quarter ended December 31, 2016.
Trading Halt NTIP, 2.70 massive Ask order gone, 2.80 now
I personally bot about 10,000 of that 2.70 Ask, it is gone.
Trading halt removed, guess trade imbalance occurred. NTIP just barely being discovered here.
Network-1 Technologies Inc. (NTIP) Resumed Trading
DOW JONES & COMPANY, INC. 6:36 AM ET 11/14/2016
It all depends. I believe it will.
Hey guys, these numbers really look good today..do you think this is a one time event or will things just keep getting better..I'm thinking about buying some because this stock really looks good.
That is a little overboard! 10% maybe, but no where near 2-5 beggars.
Correction it was a 27 bagger I got on PTSC, been ten years, doubled checked the math and see .08 to 2.20 was a 27 bagger
2Good, how about $62 in one month? Seriously PTSC was in almost identical situation in 2010, totally ignored, and when people finally noticed it was for free and making big money in exact same way (patents fees from big boys) PTSC went up 23 times in 1 month. That would put NTIP at $62.
And was in it and made the 23 bags on my last sale.
Almost identical to PTSC before it went up 23 times, my first 20 bagger.
Been 10 years since that happened, been looking for another PTSC since and now have one, NTIP. Bot another $25K today. Mirror image, the both have patents they are getting big money from big boys like HP and Cisco from. The market has totally missed both, but when it noticed PTSC in 2006 it went up 23 times in one month.
NTIP is at exact same stage, their Q today shows it is making 5 times more money per Q than its EV!!, which is small now as they now have about $60 mill cash. NTIP's #s are a tad better than PTSC's were before 23 bagger.
Cheers
JustOut $34MillionRevenueThisQ!! NTIP is nowFree Cash=MktCap!! NTIP 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 $232,000 or 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.
Network-1 reported net income for the nine months ended September 30, 2016 of $22,882,000 or $0.98 per share (basic) and $0.93 per share (diluted) as compared with net income of $1,717,000 or $0.07 per share (basic and diluted) for the nine months ended September 30, 2015.
At September 30, 2016, Network-1 had cash and cash equivalents of $57,759,000 and working capital of $50,179,000. Subsequent to the end of the third quarter, Network-1 entered into settlement and license agreements aggregating $5,000,000, a portion of which will be recorded as revenue for the quarter ended December 31, 2016.
There is now no Enterprise value Cash=Mkt Cap! I just bot $20,000 today at 1.70, an old order was left over. The market has not noticed sales up 500% and cash now equals maret cap, teh company is now for free.
This stock could possibly be $5 by 2018. Really undervalued.
Reminds me of PTSC 26 Bagger
NTIP is very much like my first 20+ Bagger, PTSC. And at same stage where PTSC went from .08 (my buy) to over 2.20 in about 2 months. hence why have bot in. Both had patents they were selling/suing over to the biggest. For PTSC it was Intel and others. NTIP see is getting deals with the biggest too.
Cheers
Thank you! After looking at their balance sheet, I'm surprised that this stock is only at $2.70. I think it's a real possibility that we end the year over $3.
$NTIP....Network-1 Technologies..should add another chunk of cash to its balance sheet in the Q3 coming...
From Q2
...Subsequent to the end of the second quarter, Network-1 ( NTIP ) entered into settlement and license agreements aggregating $32,900,000 that will be recorded as revenue for the quarter ended September 30, 2016...
https://eresearch.fidelity.com/eresearch/evaluate/news/basicNewsStory.jhtml?symbols=NTIP&pageno=&storyid=201608151620PR_NEWS_USPR_____NE69339&provider=PR_NEWS_&product=USPR____&;;
Snapshot/Profile..Shares Outstanding
23,318,000
https://eresearch.fidelity.com/eresearch/evaluate/snapshot.jhtml?symbols=NTIP
Balance Sheet
https://eresearch.fidelity.com/eresearch/evaluate/fundamentals/financials.jhtml?stockspage=financials&symbols=NTIP&period=quarterly
Income Statement
https://finance.yahoo.com/quote/NTIP/financials?p=NTIP
Key Statistics
https://finance.yahoo.com/quote/NTIP/key-statistics?p=NTIP
400k+ volume yesterday and 130k+ today. Someone is accumulating shares. I would guess that we end next week at 2.80+.
I expect their revenue to be between 30 to 34 million in q3.
Hi guys,
Do you guys know what company NTIP settled with during Q3 2016?
Im not entirely sure, but from what I found they have settled with Dell, Alcete, and apple. Is there anything else im missing?
Network-1 Announces Settlement Of Patent Litigation With Polycom, Inc. $NTIP
PR Newswire Network-1 Technologies, Inc.
2 hours ago
????
NEW YORK, Oct. 4, 2016 /PRNewswire/ -- Network-1 Technologies, Inc. (NYSE MKT: NTIP) announced today that it agreed to settle its patent litigation against Polycom, Inc. ("Polycom") pending in the United States District Court for the Eastern District of Texas, Tyler Division, for infringement of Network-1's Remote Power Patent (U.S. Patent No. 6,218,930). Polycom was one of sixteen original defendants named in the litigation.
Under the terms of the settlement, Polycom will license the Remote Power Patent for its full term which expires in March 2020, and pay a license initiation fee of $5,000,000 for past sales of its Power over Ethernet ("PoE") products. In addition, Polycom will pay ongoing royalties based on its sales its PoE products, including those PoE products which comply with the Institute of Electrical and Electronic Engineers ("IEEE") 802.3af and 802.3at Standards. $2,000,000 of the license initiation fee will be paid within 30 days and the balance will be paid in three annual installments of $1,000,000 beginning in October, 2017. Payments due in October 2018 and October 2019 need not be paid if all asserted claims of the Remote Power Patent have been found invalid.
In September 2011, the Company initiated patent litigation against sixteen data networking equipment manufacturers in the United States District Court for the Eastern District of Texas, Tyler Division, for infringement of its Remote Power Patent. Network-1 previously reached settlement and license agreements with eleven of the original defendants. The remaining four defendants in the lawsuit are Avaya Inc., AXIS Communications Inc., Hewlett-Packard Company, and Juniper Networks, Inc. Network-1 seeks monetary damages based upon reasonable royalties.
The Remote Power Patent relates to, among other things, delivering power over Ethernet cables to remotely power network connected devices including, among others, wireless access points, VoIP telephones and network cameras. In June 2003, the IEEE approved the 802.3af PoE Standard. The IEEE also approved the 802.3at Power over Ethernet Plus (PoE Plus) Standard, which increased the maximum power delivered to network devices to 40-60 watts from the current 15 watts under the 802.3af Standard.
Network-1 currently has twenty-five license agreements with respect to its Remote Power Patent, which include, among others, license agreements with Cisco Systems, Inc., Extreme Networks, Inc., Netgear Inc., Dell, Inc., Alcatel-Lucent USA, Sony Corporation, Shoretel Inc., Microsemi Corporation, Motorola Solutions, Inc., NEC Corporation, Samsung Electronics Co., Ltd., and several other data networking vendors.
ABOUT NETWORK-1 TECHNOLOGIES, INC.
Network-1 Technologies, Inc. is engaged in the development, licensing and protection of its intellectual property and proprietary technologies. Network-1 works with inventors and patent owners to assist in the development and monetization of their patented technologies. Network-1 currently owns twenty-eight (28) patents covering various telecommunications and data networking technologies as well as technologies relating to document stream operating systems and the identification of media content. Network-1's current strategy includes continuing to pursue licensing opportunities for its Remote Power Patent and its efforts to monetize two patent portfolios (the Cox and Mirror Worlds patent portfolios) acquired by Network-1 in 2013. Network-1's acquisition strategy is to focus on acquiring high quality patents which management believes have the potential to generate significant licensing opportunities as Network-1 has achieved with respect to its Remote Power Patent. Network-1's Remote Power Patent has generated licensing revenue in excess of $90 million from May 2007 through June 30, 2016.
http://finance.yahoo.com/news/network-1-announces-settlement-patent-204800829.html
Higher volume than daily average volume. Looks like another settlement coming soon.
Patent monetizer with $3MM in qtly revs and $10MM for 9 mos. $20MM in assets ($18MM cash) and almost debt free!!!
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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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