Goldman Small Cap Research Initiates Coverage of Endeavor IP, Inc.
November 05 2013 - 8:30AM
Marketwired
Goldman Small Cap Research Initiates Coverage of Endeavor IP, Inc.
BALTIMORE, MD--(Marketwired - Nov 5, 2013) - Goldman Small Cap
Research, a stock market research firm focused on the small cap and
micro cap sectors, announced today that it has
recently initiated research coverage of Endeavor IP, Inc.
(OTCQB: ENIP), is engaged in the protection of intellectual
property in the United States. The intellectual property covers
wireless communication technologies and remote access energy
monitoring systems. The Company actively pursues licensing revenues
by providing a license to its intellectual property to those
entities that wish to acquire a right to use the technology. The
intellectual property was acquired from third parties and includes
U.S. issued patents and applications.
The Company owns patents that cover key segments of the wireless
communications and fast-growing smart energy meter monitoring
spaces. Endeavor IP has already entered into four settlement and
license agreements generated by the patent portfolio currently
being enforced by Endeavor IP's wholly-owned subsidiary, Endeavor
Meshtech Inc., which confirms there is meaningful IP value inside
the Company. Endeavor IP has filed multiple patent infringement
lawsuits, including against the well-known Con Edison Solutions.
The Con Edison Solutions suit has been included in the federal
patent pilot program which may lead to an expedited resolution.
In the Goldman Opportunity Research report on the
Company, analyst Rob Goldman outlines his investment thesis.
"With the execution of its patent enforcement program, along
with the potential of additional IP acquisition and licensing
opportunities, we believe that ENIP is a great pure play technology
IP stock that could ultimately provide substantial licensing
revenue. As the model moves forward, we believe ENIP will enjoy
success similar to noted technology IP stocks Vringo and Wi-LAN
which carry market caps in the hundreds of millions."
This press release contains excerpts of our most recently
published research report on Endeavor IP. To view the sponsored
research report, disclosures and disclaimers, or to download the
report in its entirety, please visit
www.goldmanresearch.com.
About Goldman Small Cap Research: Led by former Piper Jaffray
analyst and mutual fund manager Rob Goldman, Goldman Small Cap
Research produces sponsored and non-sponsored small cap and micro
cap stock research reports, articles, daily stock market blogs, and
popular investment newsletters. Goldman Small Cap Research is not
in any way affiliated with Goldman Sachs & Co.
A Goldman Small Cap Research report, update, newsletter, or
article is not intended as an offering, recommendation, or a
solicitation of an offer to buy or sell the securities mentioned or
discussed. Please read all associated full disclosures,
disclaimers, and analyst background on our website before
investing. Neither Goldman Small Cap Research nor its parent is a
registered investment adviser or broker-dealer with FINRA or any
other agency. To download our research, view our disclosures, or
for more information, visit www.goldmanresearch.com.
About Endeavor IP, Inc. (OTCQB: ENIP): Endeavor IP, Inc. is an
intellectual property services and patent licensing company that is
engaged in the acquisition and licensing of intellectual property.
Endeavor is based in Half Moon Bay, CA.
For more information, visit the Company's website:
www.enip.com
Goldman Small Cap Research Rob Goldman Analyst 410-609-7100
rob@goldmanresearch.com