Member Info for bidnolid

Yes sounds like plenty of news on the way - I wonder if they've been conservative with the date of the cash flow break even date? They've put it back almost a year.. mind you with all those contracts in the pipe it won't make a cash raise an issue as they'll have investors lining up.

Seems like a couple of contracts delayed, but rest of it sounds good. What does everyone think?

... on no trades.. weird.

So there should be further TR-1's for other major holders that didn't take any placing shares then I assume

Looking a bit more at their website, I am now very much of the opinion that this is purely for comms and PR. Their main page of 'expertise' is very geared toward that, with no mention at all of funding rounds etc:

https://www.theproffice.co.uk/expertise/

Looks like this PR firm also have a Tel Aviv office. David will be very anti-dilution as he always said when he sold his last firm (Broadlight) he regretted having to give so much of the business up when it was in its early years. They have conserved cash very well since the IPO and that was at a valuation much higher than this, but a couple of million quid to bolster the reserves may not be a bad thing - the free float is so small here it wouldn't actually be a disaster to have a few more.

TL yes you're right I hadn't noticed that, apologies. However I'd be very surprised, they are the sort of outfit that look like they mainly help with comms strategies etc. This is from their site and sounds like the sort of thing Ethernity require:

"Our services vary, but typically cover generating media coverage, blog/oped writing and pitching, running messaging workshops, support with marketing materials, social media, website, SEO, publicising reports, building analyst following, advice on conferences, and media training."

Why would a financial pr media firm manage a fundraising?

Ali has reduced to 15%

LOL - now there's an RNS saying L&G went below 5% in September 2018!

Yep - Kentish Town crew.

We can only hope it's been done as they are expecting an uptick in newsflow and general industry focus in the coming months. It's also good they are finally trying to demystify their product range, however I've never seen a financial PR firm that was actually worth the fee. Let's hope this lot actually do some work!

The appointment will ensure Ethernity Networks is supported with its financial communications as it seeks to explain to investors the market opportunity for its ground-breaking network circuit technology.

What would be really good - and I am in no way expecting this to be forthcoming, is a trading update with an 'ahead of expectations' comment. They wouldn't even need to name a contract or where it was coming from, but it would give a massive boost to shareholders.

Maybe it's Tessa.

Unfortunately we seem to have a couple of sellers today, shame we couldn't kick on on into the 50's.

If they could get a another collaboration or announced before the end of the month that would be quite useful.

I do love a discussion about the indefinite article.. here's just about the only joke I know on the subject:

Why did the Belgian keeping mixing up his indefinite articles? Because he was an twerp ...

Puts a spanner in your sub 40p top up though TL!

TL I agree this is a massive improvement from the Fiberhome deal announcement. Maybe it's Brian the new marketing guy making the most of this important collaboration. Let's hope he gets it into plenty of industry publications as well.

Ah the 100k at 47?! Crikey dallo you don't mess about..