Inventergy Global, Inc. (fka INVT)

[jackieadams75]

I disagree. Iphone sales in Germany and China are being curbed. Huawei is a Chinese government owned competitor to Apple. The Lawsuits in the US will have an impact on Apple and to be a world player will need to pay the back royalties and future royalties.

Remember that the lawsuit is "willful patent infrimgement" and carries a triple damage clause. There is no question that INVT and Fortress owns patents that are being used in all Iphones as they are about the core operation of how 3G and 4GLTE work. These license fees were paid to the previous owner when they owned them. I also believe that all of the costs that Fortress is incurring would be considered recoverable court costs to INVT further increasing the settlement.

None of us know the timing of the end of this lawsuit, but I for one believe that INVT will ultimately win.

BTW the Softbank connection someone else mentioned is also a very big part of the dynamics here. Softbank owns Sprint.

I am long INVT.