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when do you plan on selling your shares if you dont mind me asking? thank you again.
IB Interactive Broker, Wow 411,000 today! Heavy Accumulation. About $1.6 million bot.
Cheers
I dont have access to level 2 unfortunately. What do you use? thank you for the reply too!
Big buying coming in now,I SuspectFund 10,000Bid $3.90 ask 3.95 this quiet stock is being discovered.
Looks like a fund is buying, most individuals do not put in $40,000 orders. And that is just what is showing, it could be an iceberg order.
Cant decide if this is too early to sell 25% on my shares for trader shares. The chart shows a good chance of seeing another green day tomorrow. Hopefully no end of day selling by day traders.
NTIP Now $3.95,reminds me of PTSC,my first 20 bagger. On its 27 bagger run.
Cory was very familiar with that PTSC takeoff 10 years ago, but said it was a 1 time event for NTSC, one patent. NTIP has a stable of patents, lots of steady recurring revenue and 2 big cases in progress right now.
$8 could happen fast and if just one of those cases is a win, maybe $12. NTIP record is winning most of their cases.
NTIP does not have to 20 bag to be a great investment, even a 5 bagger would make serious money, as I have quite a bit more of NTIO than had of PTSC.
Cheers
ok, I have thought that recently...whatever, who cares.
Important is that the float is less than 12 millions of shares
this will get to 8 fast IMO...and then we will see...
2014 PR on Buybacks:
Network-1 Technologies, Inc. (NYSE: NTIP) announced today that its Board of Directors has authorized an increase to its previously announced share repurchase program pursuant to Rule 10(b)-18 of the Securities and Exchange Act, as amended, permitting the Company to repurchase up to an additional $2,000,000 in shares of its common stock over the next twelve months (for a total of up to $14,000,000 since inception of the program in August 2011). The Company previously announced four increases to its share repurchase program (which was initially established at $2,000,000). To date, the Company has repurchased 6,654,068 shares under its program at an average price of $1.64 per share or an aggregate cost of approximately $10,904,000 (exclusive of commissions).
The common stock may be repurchased from time to time in open market transactions or privately negotiated transactions in the Company's discretion. The timing and amount of shares repurchased will be determined by the Company's management based on its evaluation of market conditions and other factors. The share repurchase program may be increased, suspended or discontinued at any time.
"We are pleased to announce another increase to our repurchase program to benefit shareholders at a time when we believe our stock is undervalued," said Corey M. Horowitz, Chairman and CEO of Network-1. "This, our fourth increase of our share repurchase program, reflects our confidence in the long-term potential for Network-1 and our commitment to increasing shareholder value," he added.
Morningstar shows 7 million reduction in last 5 years, that is as far back as Morningstar goes. He said the company had bot back the shares. But had stopped and gone to dividends as their tax credits ran out they are now paying taxes.
31,28,28,27,24
http://financials.morningstar.com/income-statement/is.html?t=NTIP®ion=USA&culture=en_US
Clarify, not sure what you are saying.
that sounds like bullshit, geodan.. O/S number is 23 millions
and 52.15 Shares are Held by All Insider and 5% Owners.
12 millions of shares is complete float...there would be no single share to buy left...and we trade like 200K a day
Unless he ment they have bought these shares for themselves...possibly he talks insiders own 12 million of shares.. but definitely not a buyback
but this guy for example is selling like crazy http://biz.yahoo.com/t/70/9181.html
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
Now, I have guaranteed annual dividend of 840 dollars per year..and possibility of 10 bagger in next few years.
I like it, geodan. Their concept is fantastic. All world is heading to Industry 4.0 mode...there will be more and more IT patents used more and more often by more and more users...
We will see. This company would be a life changer to patent owners who sell to Network-1...and to shareholders too. It is hard to imagine where this stock can be in 5 years from now..even sky is not a limit if Network -1 will keep on pace.
many good points KMX, thanks for post. I have some patents and the idea of approaching them hit me yesterday.
Cheers
Basically - more money they make, more settlements they do with big companies, then more various inventors will feel confident to sell them rights to their patents. And then far more huge stream of revenues and earnings they will generate.
This is fantastic business model !!! And it starts to pay off !!!
Guys, if the management or board of NTIP will stay focused and determined, and if inventors will start to queue infront of their doors to cash their valuable patents, then this could become one day 100 dollars stock...it has its potential. Just check the pace of EPS growth quarter by quarter...
Last quarter it was over 10 millions dollars on 24 millions O/S ! Only for one quarter!!! that is getting insane!
Not only that book value would sky rocket soon. I believe declared dividend would rise too sooner or later.
I mean, Network-1 Technologies can become Berkshire Hathaway of intellectual property assets. Not guaranteed but quite likely.. And based on current rise of daily volume, it seems I am not the only one who is starting to see the opportunities ahead...
with current globalization the ownership of new and new intellectual property assets and slow integration of China to international intelectual property laws shoul make this company a huge giant comparable with Google in size...
for more check the website http://www.network-1.com/about
At Network-1, we are focused on the development, licensing and protection of our intellectual property assets. We work with individual inventors and corporate and academic patent owners to fully develop and license their intellectual property assets in order to maximize the value of the underlying inventions.
Generating Robust Licensing Revenues
Parties that work with Network-1 generally retain a stake in our company and the royalties generated by our efforts to develop and monetize their intellectual property. This enables them to fully develop and protect their technologies without the considerable expense and effort required to realize the fruits of their intellectual labor. Our goal generally is to maximize the value of our portfolio for the benefit of our shareholders and partners.
Our Portfolio
Network-1 presently owns twenty-eight (28) patents including:
The Remote Power Patent covering the delivery of power over Ethernet (PoE) cables for the purpose of remotely powering network devices, such as wireless access ports, IP phones, and network based cameras;
The Mirror Worlds patent portfolio (the "Mirror Worlds Patent Portfolio") relating to foundational technologies that enable unified search and indexing, displaying and archiving of documents in a computer system;
The Cox patent portfolio relating to enabling technology for identifying media content on the Internet and taking further action to be performed based on such identification; and
Patents covering systems and methods for the transmission of audio, video and data over computer and telephony networks in order to achieve a high quality of service (QoS) (the "QoS Patents").
Our Mission
The Company's strategy is to focus on working with third parties to develop high-quality intellectual property assets that can generate significant licensing opportunities, such as the Remote Power Patent, which has generated licensing revenue in excess of $90,000,000 from May 2007 through June 30, 2016.
source : http://www.network-1.com/about
Network-1 Technologies Gets 4thPatentInWeeks!
MIDNIGHT TRADER 11:36 AM ET 1/10/2017
Symbol Last Price Change
NTIP 3.7up +0.05 (+1.37%)
QUOTES AS OF 04:02:01 PM ET 01/10/2017
02:36 PM EST, 01/10/2017 (MT Newswires) -- Network-1 Technologies(NTIP) , a developer of intellectual property, said Tuesday it received a patent related to the content identification and performing actions following therefrom. Shares climbed 1.4% intraday.
The U.S. Patent and Trademark Office issued the patent no. 9,544,663, or system for taking action with respect to a media work, according to a company statement.
The newly issued patent arises from an application contained in a portfolio acquired by Network-1(NTIP) from Professor Ingemar Cox in 2013. The portfolio includes patents relating to enabling technology for identifying media content, such as music and videos, and then taking further actions.
Network-1 (NTIP) has received four new patents in the portfolio since December, it said in the statement.
Price: 3.65, Change: , Percent Change: +0.00
Look at that heavy volume. Now that's accumulation.
3.70 Ask just fell, 3.75 Ask now What a steady rally/accumulation this has been, I am now up over $1 a share on it
I am slowly getting filled...sitting at 3.70 bid now.. they have 0.50 eps per last quarter... this stock can go to 15 or higher.. no debt.. and dividend on the way
I am slowly getting filled...sitting at 3.70 bid now.. they have 0.50 eps per last quarter... this stock can go to 15 or higher.. no debt.. and dividend on the way
Before could post that,$3.70 breakthru, that was fast
only1600 left @3.65 AND 40,000Bid@3.60 StartOfPTSC HyperRally?
NTIP is just like PTSC in 2006, it took me 10 years to find the carbon copy of PTSC. Both in exact same business at the same stage.
That stage is an explosion in sales, profits and cash.
I bot PTSC for .08 and sold last of it for $2.20 2 months later, a 27 bagger, check the chart and you will see it.
NTIP today feels like PTSC did when it accelerated.
Cheers
2.65 New 16 year high for NTIP, plus it is still hyper cheap.. In fact on stock screen I have, it ranked #1 out of 20,000 stocks in NorthAmerica and Australia last nite.
Cheers
Affirmative.. $NTIP Avg Vol (3 month) 106.1k
Avg Vol (10 day) 161.34k
https://finance.yahoo.com/quote/NTIP/key-statistics?p=NTIP
09:45 AM EST, 01/05/2017 (MT Newswires) -- Network-1 Technologies(NTIP) said on Thursday it obtained two new patents from the US Patent Office relating to identification and further uses of media content. The shares rose more than 6% to a record high.
The newly issued patents are a result of a patent application contained in the patent portfolio acquired by Network-1(NTIP) from Professor Ingemar Cox in 2013, the company said.
The portfolio includes patents relating to enabling technology for identifying media content, such as music and videos, and taking further actions to be performed based on such identification including the insertion of advertising and the facilitation of the purchase of goods and services relating to the media content, it said.
Price: 3.48, Change: +0.18, Percent Change: +5.30
NEW 16 Year High today and its still dirt cheap and at $5 a share it will still be dirt cheap.
Beautiful day in the neighborhood. :)
NTIP now 3.50 New High at 3.55 earlier
StockTA loves it now, will super loove it when todays camdle is added http://www.stockta.com/cgi-bin/analysis.pl?symb=NTIP&cobrand=&mode=stock
Its all rational, they have almost as much cash as stock value, and are making huge profits. Told a hedge fund I know about it, they were interested and maybe part of the buying pressure.
NTIP starting 2017 with a bang.
Cheers
wow, That is hard to figure outside of maybe a news leak? What is your take?
Thing spiked to 3.70 AH for a moment.
Wow StockTA.com Has NTIP on super buy
http://www.stockta.com/cgi-bin/analysis.pl?symb=NTIP&cobrand=&mode=stock
Overall ............. Short ........ Intermediate ......... Long
Very Bullish (0.50) Bullish (0.40) Very Bullish (0.51) Very Bullish (0.59)
Read more at http://www.stockta.com/cgi-bin/analysis.pl?symb=NTIP&cobrand=&mode=stock#UPZckibSIV5507VB.99
That is one of the highest ratings have ever seen. FCHS has similar and they are two of my bigger positions, so have been blessed in 2016.
yep, we are are up 25%+ in last two months on NTIP, 10 more months like this and we will be $10.30. That would be fun.
Happy New Year.
$NTIP 3.40 +0.15 (+4.62%)..HAPPY NEW YEAR ALL
Fantastic News, Thanks 1center
So we have another patent now to make money from
Network-1 Gets New Patent from U.S. Patent Office for Additional Claims in Cox Portfolio
MIDNIGHT TRADER 5:39 AM ET 12/28/2016
Network-1 Technologies(NTIP) , a company engaged in the development, licensing and protection of intellectual property, received a new patent from the U.S. Patent and Trademark Office for additional claims in Professor Ingemar Cox's portfolio.
The patent is entitled "Methods for Linking an Electronic Media Work to Perform an Action".
The claims in the newly issued patent are generally directed towards methods of content identification and performing actions following therefrom.
The newly issued patent arises from a patent application contained in the patent portfolio acquired by Network-1(NTIP) from Professor Ingemar Cox in 2013.
The portfolio includes patents relating to enabling technology for identifying media content, such as music and videos, and taking further actions to be performed based on such identification including, among others, the insertion of advertising and the facilitation of the purchase of goods and services relating to the media content.
Since the acquisition of the portfolio, Network-1(NTIP) has filed 18 additional patent applications, eight 8 of which have been issued bringing the total portfolio of granted patents to thirteen 13.
$NTIP 3.20 Network-1 Receives New Patent from U.S. Patent Office for Additional Claims in Cox Portfolio
8:30 AM ET 12/28/16 | Marketwired
NEW YORK, NY--(Marketwired - December 28, 2016) - Network-1 Technologies, Inc. (NYSE MKT: NTIP), a company engaged in the development, licensing and protection of intellectual property, announced today that the U.S. Patent and Trademark Office issued U.S. Patent No. 9,529,870 ("Methods for Linking an Electronic Media Work to Perform an Action") to Network-1. The claims in the newly issued patent are generally directed towards methods of content identification and performing actions following therefrom.
The newly issued patent arises from a patent application contained in the patent portfolio acquired by Network-1 from Professor Ingemar Cox in 2013 (the "Portfolio"). The Portfolio includes patents relating to enabling technology for identifying media content, such as music and videos, and taking further actions to be performed based on such identification including, among others, the insertion of advertising and the facilitation of the purchase of goods and services relating to the media content. Since the acquisition of the Portfolio, Network-1 has filed eighteen (18) additional patent applications, eight (8) of which have been issued bringing the total portfolio of granted patents to thirteen (13). Ten (10) patent applications relating to the original specification are still pending and Network-1 anticipates further issuances of additional claims for this Portfolio.
Dr. Cox is currently a Professor at the University of Copenhagen and a Professor at University College London, where he is Head of its Media Futures Group. Dr. Cox was formerly a member of the Technical Staff at AT&T Bell Labs and a Fellow at NEC Research Institute. In connection with the acquisition of the Portfolio, Dr. Cox provides consulting services to Network-1 with respect to the patents and the related pending and future patent applications and assists in Network-1's efforts to develop the Portfolio.
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-nine (29) 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 $100,000,000 from May 2007 through September 30, 2016. As a result of the acquisition of its Mirror Worlds Patent Portfolio in May 2013, Network-1 achieved licensing and other revenue of $47,150,000 through September 30, 2016 with respect to its Mirror Worlds Patent Portfolio.
NTIP's last 4 Qs, SuperProfitGrowth
Net Income Applicable To Common Shares 10,832 8,230 3,820 2,390
That is 2 million to 4 to 8 to 11 million in last 4Qs amazing. 450% profit growth in 1 year.
https://ca.finance.yahoo.com/q/is?s=NTIP
Its in the last Q report, for a company like NTIP that is making huge profits, the cash reported by Yahoo can be much less than teh real cash revealed in last Q. $57,759,000 to be precise.
Yahoo says
Total Cash (mrq) 36.47M, because they have not updated yet, on prior Q
I look at last Q if want to know the real cash figure. So in a way its a time travel machine to future, when current figures are not updated (the norm). legal insider info
Cash has increased $37 million in 9 months!! That is $4 million a month, amazing.
Cheers
http://ih.advfn.com/p.php?pid=nmona&article=72903509
NETWORK-1 TECHNOLOGIES, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(UNAUDITED)
ASSETS:
September 30,
2016
December 31,
2015
CURRENT ASSETS:
Cash and cash equivalents
$
57,759,000
$
20,608,000
I see no mention of the $58mln cash holdings
Even after 100k+ shares sold by one insider, this stock is still going up.
Thanks Macnai,He left off $58,000,000Cash,Link
But besides that a good article.
I looked there could not find, do you have a link?
Seekingalpha..comment by Bret Kenwell..10 Dec
Have you ever heard of Network-1 Technologies (NYSEMKT:NTIP)? Many are not likely familiar with the $77 million market cap company.
It should be known that investing in or trading sub-$100 million market cap companies is generally a risky proposition. But should investors be looking at Network-1 as a possible longer term investment opportunity?
The stock has actually been on quite the little tear this year, up over 100%. Still, the stock price is just a few bucks, currently trading around $3.20 per share, down about 3% on the day. But given its ~25% rally since mid-November, perhaps the pullback is justified.
In any regard, the company just gave investors one more reason to buy into its story: management is instituting a semiannual 5-cent-per-share dividend. The annual yield works out to a little over 3% and the company expects that dividend to be paid out "through March 2020."
A closer look at the company's financials shows other positives, like positive net income for at least four straight years, fiscal 2015 revenue that doubled its 2013 results and EPS growth of 85% and 30% in 2014 and 2015, respectively.
The stock trades at just 3 times its trailing twelve months of earnings and 2016 is setting up to be a big year, largely thanks to licensing revenue from companies like Apple (NASDAQ:AAPL) and Dell.
Through three quarters, the company has earned about $60 million in revenues, compared to just $10.4 million in the same period last year. For the first nine months of the year, the company has earned 98 cents per share.
However, without any analyst estimates, conference call transcripts or Seeking Alpha analysis in quite some time, it's hard to pin down where exactly Network-1 is headed over the next 12 months and beyond. With that said, a 3% yielder with growing earnings, seemingly dependable revenue and zero debt, is worth mentioning as a speculative stock to research.
It was nice to see support step up...
And even better the divy.
I would have thought their should have been
More buys on the divy announcement.
$ntip
From ihub trades
http://ih.advfn.com/stock-market/AMEX/network-1-technologies-inc-NTIP/trades
113k buy side / 142k sell side 55k vol?
don't know if vol? We're buys or sells
Strange close, but news so good on NTIP very positive about its future.
Yes,About 3% divvy And $3.42BreakOutGainsSteam
11:04 AM EST, 12/09/2016 (MT Newswires) -- Network-1 Technologies(NTIP) rose 4% in Friday's mid-morning trade after the company said its board of directors has approved the initiation of a dividend policy as part of Network-1's(NTIP) ongoing commitment to increasing shareholder value and return on investment.
The newly-adopted dividend policy provides for the payment of a regular semi-annual dividend of $0.05 per common share ($0.10 per common share annually) commencing in 2017. Network-1(NTIP) anticipates paying the semi-annual dividends in March and September of each year. It is anticipated that the semi-annual regular dividend will continue to be paid through March 2020 (the expiration of Network-1's(NTIP) Remote Power Patent) provided that Network-1(NTIP) continues to receive royalties from licensees of its Remote Power patent.
Price: 3.40, Change: +0.10, Percent Change: +3.03
We have dividends!
http://www.streetinsider.com/dr/news.php?id=12328368
It's under accumulation and only moving up slowly. I love that. Would be insane to see 4 by year end.
Pretty Chart, just being discovered now, hence volume ticking up. So 15 year new high (no overhead resistance) and $58,000,000 cash no debt, what a setup
Net Income last 4 Qs 10,832 8,230 3,820 2,390
And last 4Qs soaring profits! That is $millions above, oldest on right.
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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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