Member Info for dallo

For the Subscription Deed to work in Ethernity's favour we need an increasing share price....the higher the SP the less shares issued to this anonymous investor .
A static SP could see the investor aquire a significant shareholding over time.
Obviously if the SP stays static or drops there may not be much value in having a large share of
a failing company so there are risks for the new investor.

Bid
No volume buying unless we see some big contracts.
Patience required and a proof of concept transaction announcement will spark a huge rerating.
Next few months are critical.

The joint offering is an open source concept based on VPP for 5G user plane functions.
Something Tracy will no doubt have much more technical knowledge on than me

Remember TietoEVRY and Ethernity signed the the agreement on the 13 February 2020 to jointly offer open plane 5G functionality on VPP platforms
I wonder this collaboration is going?

I wonder whether the relationship with the Finnish giant TietoEVRY will help drive business with the likes of fellow Nordic 5G powerhouses such as Ericsson and Nokia .
TietoEVRY is Nasdaq quoted and has a market cap of $3billion and has formed a cooperation agreement with Ethernity .
Ericsson and Nokia are 2 of its big clients.
Just musing!

BT has agreed a deal with Nokia to provide the 5G Infrastructure for its UK radio services and networks.
3 had agreed a similar deal with Ericsson for its UK 5G Infrastructure .
Nokia and Ericsson are taking over the banned Huawei 's role in developing the UK 's 5G rollout.
Any morsels in these transactions for Ethernity..now that would set the SP on fire.

The Huawei Mate 20x5G is out now and will probably dominate the early 5G market in China.

3 has turned on its 5G network in Ireland today with promised speeds of 1Gbs using the Ericsson infrastructure in advance of the iPhone 12 launch next month. Other 5G phones from Samsung and others are expected shortly.
The market expects take up of 5G tech to reach 50% within 2 years.
Other Telcos such as Vodafone and Virgin to ramp up quickly as well.
Whats keeping the UK?
Surely China is well on the way now too.

Tracy
That would do it for me...China Mobile aligning with vendor X who is using ACENIC 100..bingo.
We would know then that the product is commercial and we are off to the races.
A statement from the company that this has happening is exactly what the Market and investors wants to hear albeit with revenues to follow down the road.
The share price would rocket on such a validation imho

Bid
Fully agreed......we need a transformative announcement of a multi-million dollar/pound
transaction from the Chinese or our Finnish partners or maybe from the US .
Shareholders have been hit with 2 fund risers almost back to back so let's see some REAL
BUSINESS in the next few months.
That is the only thing the Market is interested in .....nothing more nothing less.

Levi stated that the Subscription issue will be used to fund the 3 deals announced in the past months plus deals in the pipeline.
The deals in the pipeline is a definitive statement suggesting they are in negotiation .
I would rather buy more shares even at higher prices once we get get positive news on the pipeline.

This strategy to control the SP at trigger points has been used in other companies where Share Subscription Deeds are in place.
If the deal flow comes at the levels we expect it will a forlorn strategy.
If this is a "friendly "new investor then an appreciating share price will be very welcome and rewarding for him/her.

Clerarly this is a special company set up to do the the transaction in Ethernity and confirms in my opinion that it is a single investor who wishes to keep his/her identity secret .
The company obviously knows who it is as it has to comply with International Money Laundering Legislation particularly the US FATCA regulations .

I don't mind dilution either if it means success...10% of something is worth more than 100% of nothing.
However the sweetheart deal being handed out in the Subscription Deed is only digestible by me and other long term investors if we make a good return on our investment.
However good to see SP holding up well as I was concerned it would fall back on more dilutive fund raising.
We are still in the game!

Fairview
I have consistently expressed my concerns on the petty cash the company in the context of its 5G ambitions and calculated that it enough cash to get to the 31 December..I was correct as the new Subscription agreement testifies to
I hate Share Subscription agreements as you don't know the ancillary clauses and get out arrangements and possible amendments possible along the way.
The only way Ethernity can best maximise the Agreement is to get the share price much higher through successful business deals.
Otherwise this agreement will be pretty one sided.

I was 11,000 shares shy of the 3% yesterday but this deal is dilutive.
I thought the market would hate this subscription
deal as they are usually for the desperate but maybe it has reassured the market that it has enough cash to get to profitability.
The new investor is likely an American Jewish person given the billions invested in Israeli techology companies by the US Jewish investment community.

Looks like US individual investor putting cash in via Delaware company.

Bid
Looks like SP will drop first thing

Sold at 17p and bought back at 17.05p
Strange
Must be expecting some news.
I thought the MMS would have stretched the spread by more than .05p for the rollover.
Who knows.

250,000 rolled over yesterday at 17.05p.
This little baby is keeping the lid on the SP but what is the punter waiting for?
Has he got wind of something?
We shall see