Replies to post #20108 on Endeavor IP, Inc. (fka ENIP)

[Huggy Bear]

ENIP had decent revenue from lawsuits last year, 495K according to the 10-K.

But the new CEO took 450K as a bonus. For nothing. And collectively the insiders pay themselves way more than ENIP makes in revenue, and to facilitate this they keep taking convertible debt on.

Which is why ENIP got crushed.

ENIP is an insiders enrichment scheme at the expense of the public.

Strong avoid.