Inventergy Global, Inc. (fka INVT)

[TennisStar]

No that is not what Judge McNamara stated in her Notice Of Initial Determination On Violation Of Section 337. Judge McNamara makes it very clear Inventergy failed to prove Apple, HTC and ZTE violated Section 337. She further states Inventergy failed to prove that their domestic industry (DI) products “satisfied the technical prong of the domestic industry requirement.” Judge McNamara stated should her technical prong of DI be reversed, THEN AND ONLY THEN will Inventergy have satisfied economic loss of the economic prong of DI.

The judge is essentially saying that in the event her finding is reversed based on being incorrect, then Inventergy has proved economic loss. That’s it, Inventergy lost their ITC case. What Inventergy’s next step is I have no idea. They still have the civil trial in Circuit Court. Clearly the market has shrugged this off though. Inventergy hasn’t issued any SEC filings in approx 18-24months and their continued silence with the ITC determination is par for course. In my humble opinion.