Inventergy Global, Inc. (fka INVT)

[TuesdaySmall]

It’s stale news and not relevant to Inventergy. Theranos also just took an emergency $100m loan from FIG but again not relevant to us. The bottom line, Inventergy is operating out of a shared workspace called Pacific Workplaces. Basically when the company requires meeting space they just reserve and there’s business hour telephone answering and mail drop Etc. It’s basicslly a glorified UPS Store, but a welcome cost savings reduction. Irony though is Apple HQ is approx half mile away. Why do I bring this up? Because the company has made significant moves to reduce burn to almost zero. In my opinion, it’s just a matter of time until there is material news that pegs our fun meter.