Inventergy Global, Inc. (NasdaqCM:INVT) is seeking acquisitions. INVT has filed a shelf registration in the amount of $30 million. INVT intends to use net proceeds for the acquisition of and/or the exclusive rights to license patented technologies from third parties and to meet working capital needs.

The amounts and timing of the expenditures will depend on numerous factors, such as the timing and progress of our development efforts and our ability to license our current patented technologies.