Ethernity Networks Share Discussion Threads

[realdealy] 04/9/2024 13:43

Well done tarana financials.

[snooker40] 04/9/2024 07:39

Superb PATT

[purchaseatthetop] 04/9/2024 07:13

Lots of hidden posters. Great stuff. Glad they are interested!

Meanwhile, in the real world, very interesting illustrations of why we should have huge expectations for superb Tarana data when they have no choice but to tell us in the interims due by 30/9/24.

When we were generating on average $200k a month in the 18 months to 31/12/23 from Tarana it was only 3Ghz and 5Ghz base units and before the late 23 launch of the 6Ghz base unit that opened up a whole new market of dense urban and city deployments (such as 180 towers covering the entire City of Cleveland). Also, we recently signed the first JV with a major mobile network operator USCellular to solve their capacity problem starting in West Plains where they simply could not sell any more FWA products.

Seems it is going well


Michael Irizarry, Ph.D. • 3rd+
Executive Vice President and Chief Technolo...
1w •
+ Follow
As we continue to grow and enhance our Fixed Wireless product, it was great to join Basil Alwan to talk about our collaboration with Tarana Wireless, Inc. and how we are bringing high-speed broadband to more people. Together, we are providing an exceptional Home Internet experience for customers in West Plains, Mo., that you can read more about it in this Fierce Wireless article.

Basil Alwan
4d...
CEO Tarana Wireless, Entropy Fighter
Thanks Michael Irizarry, Ph.D., catching up a bit late in the week but wanted to offer my congrats on the launch. I have seen some of the early links and they are indeed impressive!
Innovation is going to be essential to ensure everyone has great Internet - product innovation like #ngfwa and service innovation like this new US Cellular service...it's early innings but game on!

USCellular now signing people up to….USCellular Tarana Outdoor Solution Pro!


Having started as rural 3Ghz internet, Tarana moved into dense urban and cities with 6Ghz late 2023, doubled their power with G1*2 in early 2023 and now are expanding mobile networks capacity instead of competing with them and G2 is coming in just over a year.

[bantamboy] 04/9/2024 05:49

One thing is for sure. Not many people Believe a single word that Liarvi says anymore...
But his scam just keeps rolling on & on & on, with no new contracts or customers in site 😕.
He should be funding Enet out of his own pocket & not Raping shareholders..

[purchaseatthetop] 03/9/2024 15:12

Staff numbers have not changed since 1/24. Sales and marketing slightly higher. My view…cash burn sbout $360k a month. Interims will tell us.

[pwhite73] 03/9/2024 14:43

Thank you but I was right. The $300k or $360K for that matter related to a period on or prior to 31/12/2023.

We are now in September 2024 nine months later. You have no idea what the cash burn is until they release the interims on or before 30/09/2024.

[purchaseatthetop] 03/9/2024 14:08

5/12/23 RNS

“a reduction in monthly operating expenses from US$660k in June 2023 to US$300k in December 2023.”

Since then they rose slightly to $360k with Ilan Tevet snd restarting sales and marketing. Glad to help.

[pwhite73] 03/9/2024 14:00

Read the presentation. What is the current monthly expenses? The $360k had to be for a period prior or up to 31/12/2023.

You have no idea what the monthly expenses are today.

[purchaseatthetop] 03/9/2024 13:49

What the hell are you gibbering on about PWhite. They cut costs by about 55%. Q

[pwhite73] 03/9/2024 13:34

patt - "The $360k comes from the Feb 24 presentation"

This isn't right. ENET year end was 31/12/2023. So at the time of the presentation in February 2024 what were they giving guidelines for?

The presentation states they were giving guidelines for 2023 revenue. Then go onto to compare monthly expenses to June 2023. Surely the guidelines should be for 2024 revenue? The Finals for year end 31/12/2023 came out on 19/04/2024.

Is the $360k monthly expenses for February 2024? In which case it would fall under guidelines for 2024 not 2023.


"2023 REVENUE Guidelines - • Monthly expenses : $360k compared to $660k monthly expenses in June 2023."

[purchaseatthetop] 03/9/2024 12:25

Pwhite. The $360k comes from the Feb 24 presentation

“Monthly expenses : $360k compared to $660k monthly expenses in June 2023.”


Page 13

It makes sense with the staff numbers per LinkedIn that have stabilised at 33 having been 60 before the cuts.

[skid35] 03/9/2024 12:17

Dishwater. Got to ask about your PATT gimp mask - shiny plastic or leather with zips?

[skid35] 03/9/2024 12:15

Pwhite. PATT always states facts which are not quite true, and doesn't have the intelligence to understand them. Rns states run rate expenses down to $300k at dec 23, so possibly have fallen further and with an amount of prepaid expenses at year end. They will have some run rate income but $300k income current year was cash last year. I doubt if there is an escrow on the TSP, but as it is virtually repaid not a real factor. Essentially down to pennies with DL not taking a salary, needing the $400 urgently on which their cash planning will have been predicated. I can't see where working capital comes from for the weigh if business is.

[realdealy] 03/9/2024 11:32

£18 da million da dollars of revenue by now .... Supposedly those were the forecasts.

Sadly this company has fallen way way way short of every forecast they put out.

That is the reason for the share price decline.

You stupid?

Do you think this share price if profitable and after 20 years of operation.

NO NO NO. THE FINANCING STINKS.

[washingmachine] 03/9/2024 11:29

Ask the guru DP about his longs ??
Now that will make you take note
Him and Skid mark are in OPTI
Funny that isn’t it
Both a pair of charlatans

[realdealy] 03/9/2024 11:22

The bull so snappy he could out snap a snapping turtle.

[realdealy] 03/9/2024 11:20

Well into H2 the supposed busy period but absolutely no sign of orders.

[realdealy] 03/9/2024 11:18

But the continual share price decline backs UP the view.