That story would coincide with the 200% increase and case update in EDIS ITC. Seems someone took a position in INVT based on the Cal Tech news before it broke? Speculation, confusion, advanced knowledge? Apple is appealing but it will be settled. The question now is Cal Tech is a world renowned institution, Inventergy is considered a “patent troll” (media’s words not mine). Does that change things in the eyes of the court or jury? Lastly it appears retail holds upwards of 40-50% (maybe more) of Inventergy common stock, I don’t think Mr. Beyers’ and what ever is left of his board will EVER get the votes needed to affect a reverse split. Even with looming dilution from the last round of capital raise. My point, should a verdict rule in Inventergy’s favor, retail will have a seat out the table and can’t be ignored. I believe Mr. Beyer’s knows this and this is one of the reasons Inventergy stopped providing updates. Failed vote on last R/S, and now retail holds upwards of 25% more shares. IMO.
