All great questions Mr. Avidfisher. I have many theories but in the end I’m quite puzzled myself. We know Mr. Kanning is a very large INVT shareholder and we know he has continued to add to his position. I think his June ownership filing he owns over 5 million shares (26.5%). Assuming he’s not just looking to throw his money away, then I think it’s fair to assume that based on his INVT purchases, Mr. Kanning feels pretty strong about the future of IMVT. At least that’s my take.
Circling back to Silicon Turbine, I really don’t know much about them other then what I’ve read online and that Mr. Beyers cofounded the company. As you said, it certainly is intriguing that the largest INVT shareholder is now CEO of Inventergy founders other company. Mr. Kanning seems to be a tech industry veteran so I wouldn’t think he’d take a leadership role at a company without feeling very confident about the prospects. So in the end a guy who owns 26.5% of INVT shares is also the CEO of the founders other company. Is it fair to assume through Silicon Turbine, Mr. Kanning has regular and direct contact with Mr. Beyers, so does mean Mr. Kanning is also privy to what’s going on at Inventergy, I can’t say for sure, but it wouldn’t seem unlikely. Then add Mr. Kanning’s big INVT purchases and that indicates possibly good things to come for INVT shareholders. But in the end who knows and it’s all certainly intriguing.
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