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Ethernity has announced PON OLT capabilities for our already-versatile UEP2025 edge platform, making it easier for operators to deploy fiber-based access networks for residential and business services. https://bit.ly/3V9FWxW
https://www.linkedin.com/posts/david-levi-5077721_ethernity-has-announced-pon-olt-capabilities-activity-7198682825611440128-hzJL?utm_source=share&utm_medium=member_desktop
Hopefully this leads to contracts and revenue ๐๐๐๐ป
If it doesnโt lead to contracts and revenue, the management should do the decent thing and wind the company up.
They have taken it from 60p to 0.75p and raised ยฃ40 million on the way, the latest fundraising isnโt exactly clear and simple to understand - why?
In the absence of announcing a contract, the management team could show some confidence and buy shares using their own money, that would be a good start.
Maybe a business update with some real information would be good too - how much revenue do they make from existing contracts? Who are existing customers?
Hull, an "already versatile" platform which has sold absolutely nothing since launch, trials etc. Just look back through RNSs and announcements - the UEP2025 was built on other platform technology which again sold nothing, which where built on other platforms which sold nothing - all the while munching r&d cash.
As said before ENET due to its failure on other contracts / lack of financial stability / flakiness of its CEO and board needs to be 10-20% ahead of the competition to adjust for risk.
Lets hope a chink of light from network X, the problem then comes in delivery / execution from a company where every post IPO contract has been canned by customers.
@redhammy, i assume you are not invested here? why would you want them to wind the company up? you're asking them to shaft every loyal investor here, and we all lose. i really don't get the people on this board with negative comments like that, i get enet havent delivered on a single promise, but at the end of the day if you think it's all over, sell your shares now, move on and don't waste time on this board. those who have been shafted like me but believe they can turn it around will still wait and see but not constantly **** the company off; it achieves nothing. i get the frustration from many on this board, but winding the company up is the last thing we want.
Ask well said.
I did a similar post yesterday but was not as well out.
I just called em freaks ๐คช๐คช
Negative or realistic?
Wind the company up and at least get some cash back right now.
Green boxes, canna leave enet alone. ๐๐๐
SKID
The LinkedIn in post came from your favourite person David Levi.
It is to be hoped that this latest UEP2025 is the version to create the uplift on ENET sales and contracts. Network X, is the first conference where they will be
Network X will be the first conference where Ilan and Julie, in particular, will be able to talk in terms of " we have got ...... "
Lets hope for success from the conference.
PS
Sorry for the break in post. I must have pressed a wrong button at the wrong time.
When is NetworkX isnโt it in October?
NetworkX. Driving telco transformation in North America
May 21 | Pre-Conference Workshops
May 22-23 | Main Conference & Exhibition
Irving Convention Center at Las Colinas, Dallas, Texas
Hi Ask. Yes, Iโm invested here. Itโs not a requirement to hold shares to post on a free and anonymous bulletin board though!
I believe there will be a decent spike at some point soon, and 2p should be achievable. That would give me an excellent return. History shows that this is a fairly regular occurrence, but the downside is how far it slips beforehand.
Good luck to all, especially long term holders.
Cheers Hull.
You must remember they have tried to sell UEP2025 to the "low hanging fruit" opportunities for for 12-18 months, with RNSs expecting customers to pre order for the rush for volume manufacturing over a year ago. I think it was this product DL described as a "no brainer" for customers.
Any new leads will take 12-24 months to incubate in orders, 18 -36 months for volume - the hope is the leads from 12-24 months ago are now getting somewhere with a more professional pipeline / management sales approach from Ilan and face to face meetings behind the scenes.
Everyone here massively overestimates the role of a non exec here.
SKID, thanks
The new BOD appointments have to be one of the reasons for optimism with ENET. The level if respect for Ilan and Julie in the big world have to be feature for improved credibility of the company. Julie Kunstler an expert analyst in her own right has to be a major catch, even in a non exec role. She is a major contact source with PON expertise and heralds respect.
It will be interesting to see how things pan out both in H2 2024 and 2025. Obviously further upbeat contract information needs to be forthcoming and the sooner the better.
David Levi at NetworX Americas
https://tmt.knect365.com/light-reading-network-x-americas/speakers/david-levi/
An update for UEP2025
https://telecomdrive.com/programmable-edge-ethernity-updates-its-uep2025-platform/