Ethernity Networks Share Discussion Threads

[purchaseatthetop] 14/5/2024 17:47

We simply don’t know.

Remember there are bad debts of some $1.6m that may be collected.
Also $440k owed on the two Q4 23/Q1 24 contracts
Plus licence payments on a larger portfolio of offers.
Plus whatever Tarana G1 sales have been so far.

But if none of that has happened then death would be close. But then why would both the court accepted TSP exit or the creditors accepted delayed payment if there was no real path?

[blue square] 14/5/2024 15:52

But the timescale for that scenario
is approaching.

[marky60] 14/5/2024 15:18

"New contracts or bust it seems".No kidding, I didn't know that

[blue square] 14/5/2024 15:12

Expenses for 2024 between
$4 - $4.5 million
as of end of july 2024 outgoings
of $2.25 million plus $0.8 million
creditor payments for total of
$3.05 million.
cash at exit of TSP $2.1 million
They must be close to running out
of money again.
New contracts or bust it seems

[realdealy] 14/5/2024 13:59

DOWN! Again, again and again, ad infinitum, apparently.

[halland75] 14/5/2024 13:41

And to think they all thought those buying of options would get them to 2p lol.
The Convict's poodle (Snooker40) was adamant about that, it is no wonder he is quiet.
Very wise.

Tarzan couldn't save this dog, let alone Tarana.
Administration cometh!.....Again 😆

[hazelst] 14/5/2024 12:57

Down, again.

[purchaseatthetop] 14/5/2024 11:23

Eeza. I think this time they have something commcerially needed by IEMs not what DL thinks that they need. Big difference.

[halland75] 14/5/2024 11:20

purchaseatthetop - 23 Jan 2024 - 05:23:40
I can predict the future:
ENET shares will be 4p plus in the next three weeks.

Make of that what you will.
😆

[purchaseatthetop] 14/5/2024 11:03

Everybody can have as much fun as they like. I saw a message from DL today saying that the pipeline is great, that it will be expanded further by the new event but that he would not say when any RNSs would be released. Make of that what you will.

[antonagis] 14/5/2024 10:54

Did I miss the RNS today, the one promised by PURCHASEATTHETOP a few months back and every week thereafter? I’m guessing he’s very busy doing multiple resuscitations on the mug punters he lured in.

[halland75] 14/5/2024 10:52

The Red Sea baby.
6.25% Down.
❤️

[eeza] 14/5/2024 10:50

May need to reset the options.

Again.

[halland75] 14/5/2024 08:55

How can he talk up this pile of dung, when the leading ramper has written this...

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


Go figure!

[hazelst] 14/5/2024 08:46

You can never trust a charity thief!

[purchaseatthetop] 14/5/2024 07:52

I track unit sales through WAVonlime. One of 8 US distributors in a country which is one of 23 Tarana sell into.

On 14/4/24 they had 103 6Ghz snd 34 5Ghz sales in previous month. I posted all this data with links same time last month.

Closing stocks of base units were 241 6Ghz snd 144 5ghz units

Now the stock levels are 192 6Ghz and 114 5ghz units



So sales in the previous month were 49 6Ghz and 30 5ghz units totalling 79 units. That would be worth about $30k of sales for us.

These figures are mostly likely largely understated because it excluded and 3Ghz machine sales that are direct shift by Tarana plus Tarana were doing a special offer on 5ghz units with 30% off and those were also direct ship.

But it is some decent data

[blue square] 14/5/2024 07:51

Enet seem to have two disadvantages
getting new contracts,
1) Being in financial distress will
be an issue, will a new 'OEM'want to
commit with this uncertainty?
2) being associated with an Israeli
company,this may be an issue?
One thing is for sure they need to
pull something out of the bag sooner
rather than later.

[purchaseatthetop] 14/5/2024 07:36

Yesterday Harmonic released a remote OLT XPON/XGS PON unit for the US market



While we have heard nothing so far since the March update that two OEMs were testing our solution, there is no doubt that demand for remote OLTs is huge and we have a really good solution. I think this is what Kunstler messaged me about.

[realdealy] 14/5/2024 02:26

With brain failure
Anyone who reads it needs an ambulance.

Zero shekel made.