ipernica is an Australian based public company (ASX code �IPR�) with extensive global activities focussed on generating revenue from intellectual property (IP) rights. IP rights, such as patents, trade marks and copyright, protect inventors and IP owners by preventing others from using their ideas, creations and inventions without their consent. ipernica has extensive IP expertise in the creation and exploitation of IP rights, and can assist you to create and unlock the value in your IP. We also generate revenue from investing in and commercialising our own IP portfolio.
Not much interest here is there Nioka.
Seems to be that way with most of the stocks i look at. Maybe I should just go along with the herd, investing in the 'hottest' stock of the moment...
IF i had $17million i would buy the company and take the cash
Nice little bounce for IPR today. Up 16.88% today. Showing me a nice return of over 18% and I have only held for 2 days. Still underpriced with it's cash on hand far exceeding it's market cap.
Nice little bounce for IPR today. Up 16.88% today. Showing me a nice return of over 18% and I have only held for 2 days. Still underpriced with it's cash on hand far exceeding it's market cap.
Ipernica (IPR) 8.2c
AS far as he's aware, not a drop of Scottish blood courses through Criterion's arteries, but he still gets excited about the prospect of getting something for nothing. Which brings us to Ipernica, the patent guns for hire who protect defenceless small companies and universities against IP breaches by mean multinats.
Ipernica has already chalked up wins against the likes of Cisco, Alcatel Lucent and Nortel over data transfer technology called StatMux, developed by Curtin University. Ericsson and Nokia are currently in Ipernica's sights over similar alleged IP breaches.
Ironically, Ipernica has had its own wee spat with partner Curtin Uni as to how to divvy up the spoils. On Tuesday, Ipernica announced the birdies in their nests now agreed, with Ipernica's share of the damages payments remaining unchanged. So the scoreboard reads lawyers one, academics nil.
Ipernica made a net $4.4 million on revenue of $21 million in 2006-07. Early in June, management pointed to 2007-08 (year to June) revenues of $45million, with "another substantial net profit forecast."
The "something for nothing" angle is that while Ipernica's market cap stands at a marked-down $21 million, the company holds $36 million cash, no debt and $11.5 million of tax losses.
According to one investor, Ipernica is cheap because directors haven't come good with an expected capital return. "Also, I suspect it was the victim of some tax-loss selling at the end of what has been a tough financial year for most investors," he says.
Indeed. Criterion also suspects investors steer clear of the stock because it's a small-cap play with a complicated story.
Still, we ascribe a speculative buy. Given the extensive work on the slate of Ipernica's patent posse, it will be lawyers at 10 paces for years to come.
Can i ask what price you actually picked them up for Nioka?
Have to admit it did and still does seem like a no brainer
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