InfoSpi, Inc. (OTCQB: ISPI) operates within the energy saving lighting industry through its wholly owned subsidiary NexPhase Lighting, Inc.
The Wow-Power InfoSpi delivers is the value of its initial patent: $17.2 million as valued by Pellegrino and Associates.
The Company has announced that it will continue to reveal details of the value of this patent. This could be a serious value driver in ISPI. It could be a good idea to be ready to move prior to the release of additional information as promised by ISPI in their recent press release. The details ISPI has released to date on the Patent follow.
NexPhase Intellectual Property Valued $17.2M
The preliminary information from an independent appraisal report commissioned prior to its acquisition of NexPhase Lighting, Inc., on the value of the new, patent pending NexPhase intellectual property has been obtained.
In total, the report estimates that the value of the initial patent filed by NexPhase at $17.2 million. It has been noted that this value applies to only a few key market applications of the NexPhase patent, leaving aside other market applications to pursue.
Pellegrino and Associates is a world-class firm that specializes in early stage, intellectual property, as well as software valuations for clients large and small around the world.
This patent in particular is anticipated to be the springboard of NexPhase’s growth. The Company will continue to release summary information on the report’s findings and projections about this patent along with perceptions regarding the report’s interpretation regarding the Company’s planning process and revenue generation potential.
Dror Svorai – President
Phone (305) 932-9795
NexPhase Lighting, Inc.
Safe Harbor Statement: This release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Certain statements set forth in this press release constitute “forward-looking statements.” Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words “estimate,” “project,” “intend,” “forecast,” “anticipate,” “plan,” “planning,” “expect,” “believe,” “will likely,” “should,” “could,” “would,” “may” or words or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company’s actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company’s ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company’s limited operating history, the limited financial resources, domestic or global economic conditions — activities of competitors and the presence of new or additional competition and conditions of equity markets.
ISPI Disclosure: StockGuru entered into an investor relations consulting and market awareness contract in February 2011. We were hired through INS, a third party on behalf of ISPI for six thousand dollars. We have taken no free trading shares. To avoid all potential conflicts of interest, we never sell shares into the open market during an active market awareness or investor relations program. Pentony Enterprises is not a registered investment adviser or a broker/dealer. StockGuru makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person, or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk.