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CEO ROBERT ANDREW BERMAN, CopyTele Inc. Insider Buys $15K of Shares on January 21-22 2014

ROBERT ANDREW BERMAN, CEO of CopyTele Inc., bought 70,000 shares of Copytele Inc. (Stock Symbol: COPY) at $0.21-0.22 per share for a total amount of $15 thousand on January 21st-22nd, 2014.

CopyTele Inc. is situated in Melville, New York.

On November 19th 2013, CopyTele, Inc., a company specializing in patent monetization and patent assertion, announced that it has acquired 2 patent portfolios in the rapidly expanding area of Unified Communications.

On November 12th 2013, CopyTele, Inc. announced that it has completed a private placement of a $3,500,000, 6% convertible debenture to a single institutional investor.

According to Capital IQ, CopyTele has a market cap of $61 million, an enterprise value of $44 million, and trailing 12 month revenues of $400,000.

CopyTele, Inc. develops and acquires patented technologies for the purposes of patent monetization and patent assertion. The company has nine patent portfolios in the areas of Key Based Web Conferencing Encryption, Encrypted Cellular Communications, E-Paper Electrophoretic Display, Nano Field Emission Display, Micro Electro Mechanical Systems Display, Loyalty Conversion Systems, J-Channel Window Frame Construction, VPN Multicast Communications, and Internet Telephonic Gateway. CopyTele, Inc. was founded in 1982 and is headquartered in Melville, New York.

Robert Andrew Berman’s most recent annual compensation from Copytele is a salary of $340,000. Mr. Berman is 50 years old.

According to the biography, Robert Berman has experience in a broad variety of areas including finance, acquisitions, marketing, and the development, licensing, and monetization of intellectual property. He was recently the CEO of IP Dispute Resolution Corporation, a consulting company focused on patent monetization. Prior to IPDR, Mr. Berman was the Chief Operating Officer and General Counsel of Acacia Research Corporation. Mr. Berman has been quoted in numerous articles on patent monetization and is a frequent speaker on patent licensing and enforcement including programs at Harvard Law School, and UCLA’s Anderson School of Business. Mr. Berman received a B.S. from the University of Pennsylvania’s Wharton School, and a J. D. from Northwestern Law School.

All stories in DailyStocks.com are for informational purposes only. This is NOT a stock recommendation. This DailyStocks.com story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at DailyStocks.com .

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All stories in DailyStocks.com are for informational purposes only. This is NOT a stock recommendation. This DailyStocks.com story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at DailyStocks.com . About Dailystocks.com: DailyStocks.com is the place where you can find stories about stocks with insider buying, where you can educate yourself about stock market investing, and where you can perform the stock search engine analysis – you enter a stock symbol, and you get a resulting page of stock ticker indexed links so that you do not have to type the stock symbol each time.