Ethernity Networks Share Discussion Threads

[purchaseatthetop] 17/8/2024 11:40

Realdealy. You can check the audit trail on telegram if you want. It is all independently verified. Up to you.

[realdealy] 17/8/2024 11:24

Lots and lots of bean counting talk, but very very little about how enet will create value for shareholders.

Bulls petrified of it. Far more easy to do internet searches and track tarana sales ( supposed I should say)

[purchaseatthetop] 17/8/2024 11:17

I agree with one part of that post.

There will be minimum cash balance requirements imposed by the TSP Court in Lodt to protect the TSP creditors that are currently $800k.
Certainly Ethernity would not be allowed to run down the cash and leave the creditors becalmed.

New Tech have not recouped anything. They need to sell their shares to do that. Why are they not selling? I thought they were “death spiral”. They could sell down knowing they can convert again at any lower price. Money for old rope. But they are not selling. And if they hold millions of shares and Ethernity goes into administration then they are potless.

All the rest is irrelevant. I track Tarana sales as you know, and I post screen shots of the stock levels at the major US sellers so we can see base units sold and deliveries of new supplies. It is fascinating.

In the last seven days CTIconnect has taken delivery of 50 base units while WAVonline has sold another 60. At an average of $230 a pop that is $26k revenue from just those two. Of eight sellers. In one of 23 countries.

I remain convinced that the only reason that Ethernity was ever sllowed to leave TSP was because Tarana sales were already happening. New Tech would not have got involved unless that was the case.

We can see from VRS that frankly you have not got a clue. Thanks in advance.

[pwhite73] 17/8/2024 10:14

patt - "Has anybody noticed that our supposed death spiral lender New Tech seems to have taken a long summer holiday and forgotten to do the death spiral bit."

There is a financial reason why they have not exercised any warrants since 12/07/2024. So long as the share price is at 0.59p or below over the previous 20 days New Tech are guaranteed 0.40p or lower on any conversion. Therefore they have a financial incentive to sit on their hands and wait for any positive news or even a rising share price on zero news so long as the 0.40p or lower is within the 20 day window range.

patt - "They don’t seem remotely worried about administration or suchlike that would kill their loan. They seem to be holding for some kind of news."

New Tech have already recuperated £395k of the loan on 12/07/2024 so there is only £405k left. They are not worried about administration because that is not going to happen. The Settlement manager is still overseeing the TSP/CVA until such times as the secured creditors have been paid in full. ENET has a pool of money set aside for the secured creditors that it cannot spend on anything else.

ENET cannot go into administration again. The next stage would be liquidation if they are found to be in breach of the Lod Court approved terms and conditions of TSP/CVA. This would have extremely serious consequences for the directors which could include imprisonment.

Under liquidation the secured creditors (ex-employees) would be first in line then unsecured creditors which would include New Tech.

Please do not try and lull investors into a false sense of security on the premise New Tech are not exercising their warrants because they have confidence in the long term prospects of the company the more so as the 'Structured Investment Deed' announced on 17/05/2024 expires in five months.

Thank you in advance for your cooperation.

[bantamboy] 17/8/2024 08:18

No one is interested in doing Business with Liarvi & co
If they was interested parties would ENET be using Bucket shop pay day lenders to keep the lights on??
Answer's on a postcard

[realdealy] 17/8/2024 07:19

A poster spoke of competitors with huge pockets devoted to r&d, sales and service. Established players in an already booming market, in which our small company is struggling hard to gain any traction at all.

Could enets IP win the day?

Are the big boys interested in STRATEGIC INITIATIVES?


ARE THE BIG BOYS INTERESTED IN OUR LINK BONDING SOLUTION?

Answers on a postcard.

[realdealy] 16/8/2024 12:49

Well so far my cat 😺 looks like it just jumped on a 25,000 volt cable after seeing the enet graph over 5 years.

[purchaseatthetop] 16/8/2024 11:38

No. Your best friend is your cat. Always.

[realdealy] 16/8/2024 11:22

I don't think anyone really knows.

Your best friend is your instinct, and usually pays off.

[purchaseatthetop] 16/8/2024 11:00

Has anybody noticed that our supposed death spiral lender New Tech seems to have taken a long summer holiday and forgotten to do the death spiral bit. They are simply selling almost zero. They don’t seem remotely worried about administration or suchlike that would kill their loan. They seem to be holding for some kind of news.

[realdealy] 16/8/2024 10:40

How much lubeation will that need?

[purchaseatthetop] 16/8/2024 09:52

Nextlink are one of Taranas biggest customers


They have just raised $100m for growth


“We are excited to continue our commitment to rural communities across the US,” said Nextlink Internet CEO Bill Baker. “We are grateful for our partners Cable One and CanAm coming alongside us to realize the vision of bringing broadband to areas that have gone without adequate service for far too long. We are already in permitting discussions with many of the communities we seek to serve and expect to have field crews actively working on building these fiber networks in the coming weeks. Additionally, this capital raise serves to further strengthen our balance sheet as Nextlink looks to participate in the upcoming BEAD program.”

As I posted earlier. The wall of money is coming to propel Tarana and our broadband access solutions into this market.

[realdealy] 16/8/2024 09:03

They're up for an award .. are the big boys interested in that advantage?

[bantamboy] 16/8/2024 08:00

Everything what Enet do is pure Rubbish & just keeping the plates spinning to keep the BOD's massive salaries rolling in.
It's been doing it for 2 Decades!!
Nothing will change here.. just more Dilution & jackanory stories told by Liarvi 🤣🤣

[dplewis1] 16/8/2024 06:58

I'm old enough to remember another failed bull called 504 who used to bleat on about the "hot markets" Ethernity were involved in .. PON and FTTH have been going for years and guess what, Ethernity still never sell anything. How many more events can they attend with the same result? There aren't even any sales people left to follow up on DL exchanging business cards

[purchaseatthetop] 16/8/2024 06:41

The wall of BEAD funding totalling $42.5b is now finally arriving.



This is about half of the $80b that is being granted over the next seven years. Ontop of that the rules enabling more use of FWA will be announced in the next couple of weeks.



This should mean ever greater Tarana sales, which is good for us, and the other broadband access solutions will be really relevant. We saw that with the recent $200k remote PON contract. I think many more coming from that direction.

We got screwed because the 5G market died in its feet. But we are still here and the pivoted tech is now going into a really active and real demand.

[bantamboy] 15/8/2024 17:21

Lets be serious for a minute 😉
If Enet did have regular income from Tarana, would they really have gone to loan sharks for the worse possible deal I've ever heard of.& Give away 25% of the company for peanuts??
If we do have regular income from Tarana, then there's Obviously some underhanded scam going down between the BOD & the Loan sharks.. Agreed??
Because if everything is going to plan then David Liarvi would of being able to negotiate a good deal on Enets terms without giving away a Quarter of the company.. Agreed??
So which one is it chaps??
You can't have it both ways!!!
Something is very Wrong here!!
Levi is either a Liar or he's the worse deal Maker in the world!..
Which doesn't Bode well going forward does it.

[realdealy] 15/8/2024 17:06

STRATEGIC INITIATIVES.

WHAT
WHY
WHEN
HOW
WHO
WHERE.

[snooker40] 15/8/2024 16:20

Interesting chats. Not been around much. Reading my previous you will know where I stand.
Good finds PATT.

[purchaseatthetop] 15/8/2024 14:11

Got a message from my Winncom contact. The DFS (Dynamic Frequency Selection) approval for G1 should be cleared by ConnectedBritain event. They have numbers of units out on trial especially in Scotland getting ready for roll out. Will be nice to have Tarana spreading out over the UK.

[skid35] 15/8/2024 13:59

A ceasefire will have no impact on the share price, macro factors do not drive the share price of companies such as Enet. The major impact of the stupidity on both sides for ENET is fx.

[skid35] 15/8/2024 13:54

PATT. No neither of us said that, you're just making stuff up. What we did say is there might have been a discount for volume which would be standard - we were led to believe of a margin protection clause in the contract should the price of chips increase / decrease, this was outside a standard force majeure clause which covid could have invoked.

[skid35] 15/8/2024 13:49

As well as maths you don't appear to be able to read. I have said what's important is the monthly run rate the tarana order will provide to underpin margin/cash/opex cover.