TAKE A SECOND TO READ THIS, TRIED TO MAKE AS BRIEF AS POSSIBLE... DONT BE LAZY,READ THE WHOLE POST, ESPECIALLY THE LAST PART!
ENIP OWNS PATENT ON SMART METERS IN USE BY HUGE ENERGY COMPANIES...
ENIP CURRENTLY HAS LAWSUITS AGAINST 6 MAJOR PLAYERS IN THE ENERGY SECTOR BECAUSE OF THEIR INFRINGEMENT ON ENIP's SMART METER PATENT...
SETTLEMENT #1>>>ENIP WON AN UNDISCLOSED SETTLEMENT AGAINST NASDAQ COMPANY "ITRON" (NASDAQ:ITRI)
Endeavor IP, Inc.'s Wholly-Owned Subsidiary, Endeavor MeshTech, Inc. Enters Into License And Settlement Agreement With Itron, Inc.
NEW YORK, Aug. 4, 2014 /PRNewswire via COMTEX/ -- Endeavor IP, Inc. (OTC:BB: ENIP) ("Endeavor"), an intellectual property services and patent licensing company, announced today that its wholly-owned subsidiary Endeavor MeshTech, Inc. has entered into a license and settlement agreement with Itron, Inc.
SETTLEMENT #2>>>ENIP ALSO WON AN UNDISCLOSED SETTLEMENT WITH CON EDISON(NYSE:ED) EARLIER THIS YEAR!
SETTLEMENT #3>>> ENIP JUST WON AN UNDISCLOSED SETTLEMENT AGAINST "SENSUS USA" http://sensus.com/en/web/usca/about/history "...The company has one of the largest installed Advanced Metering Infrastructure (AMI) bases in the world."
~~~> ENIP HAS WON 3 OUT OF THE 6 MAJOR LAWSUITS SO FAR, 100% WIN RATIO!
"Our wholly-owned subsidiary, Endeavor MeshTech, Inc. (“Endeavor MeshTech”) filed patent infringement lawsuits against two defendants in the United States District Court for the District of Delaware. The two defendants are Itron, Inc. and Elster Solutions, LLC, Case Nos. 1:13-cv-01343-and 1:13-cv-01344, respectively. Endeavor MeshTech, Inc. is asserting claims of patent infringement related to U.S. Patent No. 7,379,981 (the ‘981 patent), entitled “Wireless Communication Enabled Meter and Network.” The lawsuits allege that the defendants have infringed, and continue to infringe, the claims of the ’981 patent."
"ELSTER SOLUTIONS" http://www.elster.com/en/index About us Elster is a world leader in measuring and improving the flow of natural gas, electricity and water in more than 130 countries. With one of the most extensive installed revenue measurement bases in the world and more than 200 million metering modules deployed over the course of the last 10 years alone, Elster is enabling the vital connections between technology and Earth’s energy and resources for our global community.
READ THAT AGAIN >>> "200 MILLION METERING MODULES"
ENIP HAS WON EVERY LAWSUIT SO FAR ON THE SMART METER PATENT. EVEN IF THEY GET JUST .10 FOR EACH ONE THAT ELSTER INFRINGED ON OR .10 FOR EACH USE OF THE LICENSE FOR FUTURE METERS, THAT IS $20 MILLION. THAT IS 20X CURRENT MARKET CAP. WHAT IF THEY GET .50 CENTS OR $1 PER METER? GAMECHANGER. AND THAT IS JUST 1 OF THE 6 COMPANIES!
BEST PART IS NO DILUTION. O/S HAS ONLY INCREASED ROUGHLY 2% OVER THE LAST 9 MONTHS. Sep.30.13' = 42.80M Feb.12.14' = 43.97M Mar.14.14' = 44.07M JULY. 2014 = 44.08M AUG. 2014 = CALL T/A... O/S STILL 44.08M !
REMEMBER>>>ON TOP OF THE SETTLEMENTS, ENIP ALSO GETS FUTURE LICENSING REVENUES ON THE PATENT.HUNDREDS OF MILLIONS OF METERS IN USE BY THESE COMPANIES = POSSIBLY TENS OF MILLIONS IN FUTURE REVENUE.
IF ENIP RECEIVES JUST .10 FOR EACH ONE EVENTUALLY, THROUGH SETTLEMENTS AND LICENSING, THAT IS $60 MILLION. 30x CURRENT VALUATION. WHAT IF ENIP RECEIVES .25 OR .50 OR EVEN $1 FOR EACH ONE? NAME A OTC STOCK WITH MORE POSSIBLE UPSIDE THEN ENIP. THERE IS NOT ONE.