Ethernity Networks Share Discussion Threads

[pwhite73] 23/5/2025 13:30

mtgup - Yes, it does mean more cash for the company as has every other placing since the IPO at 150p in July 2017. The problem is more cash for the company has always led to less cash for its retail shareholders. Every new retail investor says this time around its different. The company told you the last placing would be used for the creditor settlement. Where is the RNS?

[realdealy] 23/5/2025 13:19

I hope so.

Been said so many times now , few believe it.

[mindthegapup] 23/5/2025 13:16

Even if that were to be the case, you do realise this would mean even more cash for the company???

Even someone with half a brain here can see this company is on the verge of a decent turnaround around whether that be with 5Bn or 8Bn shares, it's massively massively undervalued now

:)))

[pwhite73] 23/5/2025 13:13

The churn is meaningless. The problem here is the warrants. That's what's holding back the share price. Furthermore once warrants are exercised the company has to announce this for exercised warrants are an increase in the number of shares in issue. But as usual there is radio silence from the company until they want more money.

[m_night10] 23/5/2025 10:41

1-2 months ago the company was bringing in the revenues but needed a capital injection to clear the $400k debt and a little on top.

Many were doubtful this would be the case.

Therefore the $1.1m injection has meant the company is now operating debt free and with sufficient cash to bring in more business.

This has been demonstrated nicely via the tier 1 aerospace contract extension

[m_night10] 23/5/2025 10:23

9 bil shares churned since the raise.

Thats 3x the raise essentially.

Overhang about to shift and if then timed with any decent news this will absolutely fly

[snooker40] 23/5/2025 08:57

Good call ... see what you are saying

[pwhite73] 23/5/2025 08:13

I was merely using Nividia as an example of the kind of contract RNS they would need to announce to prevent the scenarios 2 and 3 I laid out. Unnamed US Tier 1 aerospace companies or unnamed OEMS or unnamed anything will not do the trick for there are just far too many warrants. Any news that cannot be independently verified will be short lived as the warrants will destroy any rise in the share. price.

[snooker40] 23/5/2025 07:53

Don't see Nvidia being one of the OEMs that David Levi has posted about. He is silent and has been for a while. Hopefully this silence is well spent for a contract. A deal should have been struck by now in my opinion. The 5 year plan, on the website, needs the first OEM contract to start the ball rolling positively.

[bbmsionlypostafter mk2] 23/5/2025 07:41

We VRS followers will be eternally grateful for PW's guidance, advice & wise council.
Since his arrival over there & assumption of the unelected position of VRS Guide in Chief he has shepherded us, with the consummate expertise & vast store of knowledge he has regularly displayed on these ADVFN threads through the share price drop of over 99%, maintaining a bullish stance every step of the way.

You're lucky to have him.

[pwhite73] 23/5/2025 07:23

simonsmithIV - "We’re already 3 weeks into that, so not long now."

With a 12% fall yesterday there are no more conversions to come for now. This is because the bid at 0.021p is below the warrant exercise price of 0.022p. So any warrant holder who exercises now immediately loses money. Furthermore the share price nominal value is NIS0.001 which is also equivalent to 0.021p. The company cannot issue new shares below the nominal value. There are only two routes out for the company.

1. A stonking RNS of a tie up with Nvidia to lift the bid above 0.021p

2. A recapitalisation of the nominal value downwards so further shares can be issued.

Given the restrictions on their ability to raise finance I suspect this is why shareholders have heard nothing of the creditor settlement three weeks after the RNS. The company does not have the financial resources at the moment to hand over $400k to the creditors. There is one other alternative:-

3. File for administration.

The issuance of 3.6 billion shares in the 01/05/2025 placing and the attached warrants of another 3.6 billion shares totalling 7.2 billion shares may have been the last throw of the dice.

[snooker40] 23/5/2025 02:14

He is right to mention them and the warrants

[simonsmithiv] 22/5/2025 21:05

PWhite will haunt this board forever, you have to wonder why. But his Tourette like reiterating of 3.6bln shares ignores the fact that it’s trading 2-300mln a day, so 3.6bln will only take a few weeks to churn through. We’re already 3 weeks into that, so not long now.

[chester9] 22/5/2025 19:06

Nope....Read the years of hope and failure in this threadDilution to infinity, while drawing healthy salaries.dead duck better.

[dexdringle] 22/5/2025 17:52

Is this still a '5G Superstock in the making?'

Asking for a friend.....

[realdealy] 22/5/2025 17:23

They will be after more and soon.

They luuuurveeee the lube but not the fun.

[snooker40] 22/5/2025 16:27

David Levi ... in him we trust or don't trust?

[smcl] 22/5/2025 16:22

Some of your points are noted. But here endeth the discussion. Its outside our hands now. We await an RNS.

[pwhite73] 22/5/2025 16:18

smcl - "Pontificating rampers or derampers are both irritating."

Pontificating rampers are not irritating if you are holding a stock. No amount of ramping can be excessive if you are a holder. All deramping is pontificating and excessive if you are a holder. That's the psychologically of the game at this end of the market. ENET are an absolute disgrace. Now they've raised £800k at 0.022p and potentially another £800k with 0.022p warrants there is radio silence from the company.

1st May 2025 was the fund raise. Have they settled with the creditors yet?.

[smcl] 22/5/2025 16:13

PW- I'm not angry when the company. I invest and take my chances- no investment is guaranteed safe! Pontificating rampers or derampers are both irritating. Balanced discussion welcome but no pontificators please!!

[smcl] 22/5/2025 15:59

Get lost - you are desperate to be proven right! little man syndrome.
Bitter twisted for what??

[pwhite73] 22/5/2025 15:57

smcl - "we are all over 21"

When you say over 21 are you including the share price?. If so just watch and learn.

[smcl] 22/5/2025 15:55

Shut up PW- you pontificating dipstick. You post rubbish on other BB's.

We do not need your warnings- we are all over 21 and free to make our own decisions.

Stock market guru - you're NOT- but irritating poster YES!