Ethernity Networks Share Discussion Threads

[bbmsionlypostafter mk2] 09/5/2024 08:45

Ork,

Could you give us a list of PATT's many aliases?

TIA

[orkneyarab] 09/5/2024 07:34

Even PATT has given up, and is now consoling himself and his many aliases by trolling multiple boards. Links and pretend inside information hasn't stopped the slide from 60p. You can be sure he'll try and claim credit when it rises though.

[purchaseatthetop] 09/5/2024 07:19

Certainly coming up to six months since the last new contract RNS! Not a good look.

[daddy warbucks] 09/5/2024 07:13

And 7 months 22 days left to go!;0)

[realdealy] 09/5/2024 07:00

Almost half the year gone.

[purchaseatthetop] 09/5/2024 05:44

Personally I hope the recent blog gives us a steer on the upcoming contract…


“The future of broadband is bright thanks to Remote OLTs with programmable routing capabilities. These devices empower ISPs to deliver high-quality, flexible broadband that’s ready for future demands. As ISPs increasingly adopt new fiber-optic technologies and leverage existing infrastructure through incumbent overlay networks, programmable Remote OLTs will become the new standard.”



Certainly one of the very interesting solutions Julie Kunstler messaged me about.

[realdealy] 09/5/2024 03:14

Share price indicative of investors being lubed up for a placing at a discount.

[halland75] 08/5/2024 15:29

Just saying....

purchaseatthetop7 May '24 - 09:42 - 35563 of 35571
0 1 1
I think we have already been shafted. Not just the small shareholders…..


🤣🤣🤣

[purchaseatthetop] 08/5/2024 14:09

Hi Zico!

Are you annoyed I posted some facts about CSFS?

purchaseatthetop8 May '24 - 11:40 - 2203 of 2206 Edit
0 2 1
The accounts are opaque. The entire three year compensation for the revenue generators was expensed in 2022. Of course there was a profit this year because they had taken the people costs into last year! And the £2m loan note remains unpaid so the real cash is very low.
This is a brilliantly organised pump.


2022 accounts…“In the second half of the year, the Company reached an agreement with Robert O'Brien, the General Manager APAC and Middle East, and the Asia team to vary the terms of their incentivisation agreement, as a result of performance being ahead of expectations. As a result of the agreed settlement, the Group recognised an accelerated charge for the year ended 31 December 2022 such that the full value of the total charge estimated upon initial recognition of £6.1m has been cumulatively expensed (£4.3m for the year ended 31 December 2022 and £1.8m for the year ended 31 December 2021). Accordingly, there is no further share-based compensation to be recognised in future periods in respect of Mr. O'Brien and the Asia team.”

4/8/22 RNS
The Company announced in September 2021 that it had opened an office in Dubai led by Robert O'Brien. In March 2022, Cornerstone announced that Mr O'Brien had taken on the role of interim COO.

On joining Cornerstone Mr O'Brien was entitled to receive share-based incentivisation based on a multiple of revenue generation and contribution to profit. As a result of his performance ahead of expectations and the widening leadership role that he had taken on following the departure of Julian Wheatland, the previous CEO, the Board has agreed with Mr O'Brien to vary the terms of the original incentivisation arrangements. Under the new arrangements Mr O'Brien will now be entitled to £2,940,000, paid over the next three years, to be satisfied by:

1. the issue of new ordinary shares in the capital of Cornerstone ("CSFS Shares") equivalent to 9.9% of the enlarged issued share capital of Cornerstone (following the allotment and issue of shares pursuant to the Placing at a price of 10p per share (the maximum percentage holding allowed for a regulated payment services company without the prior consent of the FCA). The number of shares will only be able to be calculated after the closing of the Fundraising;

2. the issue of CSFS Shares also calculated on the basis of 10p per CSFS Share to satisfy the balance (being the sum calculated by deducting from £940,000 the value of the CSFS Shares issued in 1 above) (such shares to be issued following receipt from the FCA of permission for Mr O'Brien to increase his holding to more than 9.9% of the issued share capital of the Company); and

3. the issue of a loan note to Mr O'Brien with a value of £2 million and carrying a coupon of 6%, repayable by the Company on 31 July 2025


By the way, do you think it is right that the COO Robert O’Bien is the same man who scammed £8m from UK pensioners in 2012 and escaped to Dubai?

[dplewis1] 08/5/2024 13:18

He's not been up trolling since 5am to compensate for his bitterness, he's performing a public service to prevent people from making terrible investment decisions.. do keep up!

[purchaseatthetop] 08/5/2024 13:05

Filtered morons. So many of them. Amazing.

[orkneyarab] 08/5/2024 13:02

PATT has found even more boards to troll, while the one he backed from 60p has performed worse than any of them. Which Tuesday was the contract being announced?

[halland75] 08/5/2024 12:45

Just saying....

purchaseatthetop7 May '24 - 09:42 - 35563 of 35571
0 1 1
I think we have already been shafted. Not just the small shareholders…..


🤣🤣🤣

[purchaseatthetop] 08/5/2024 11:41

Marky. We were in China with the OEM but that all went Pete Tong with th owing us $1.1m

[marky60] 08/5/2024 10:58

Is ENET now out of China?Fibrehome and all that

[realdealy] 08/5/2024 10:38

Bulls disappeared.

[halland75] 08/5/2024 10:20

Down 8.57%.

Rampers are quiet for good reason.
I would be too if I said weeks ago this dog would be 4p.

Priceless 😆😆😆

[realdealy] 08/5/2024 09:44

Super stock?

Superdud in the making.

Rename thread.

[realdealy] 08/5/2024 09:43

DOWN.

COME ON ENET.