Member Info for ExMS

Current Reality

Going Concern status

Still technically going concern — but only with fundraising

Cash runway

Very limited; recent placings provide only short-term working capital

Funding requirement

Critical near term – more capital still needed

Longer-term outlook

Dependent on larger financing or revenue growth

Seems Chat GPT agrees

Merc you continually spout half-truths and BS. You should be ashamed. You continually hide behind new IDs. The sign of a desperate ramper. Scum

You know nothing about me Merc, but we all know about you. You can’t.

Merc what a can’t

Merc are you genuine or genuinely mad?

15 bn shs just issued at 0.004

4.3bn shs issued in Dec at 0.00426

So over 19bn shs issued at these levels and you think there’s none on offer?

Merc

Just because you get shouty and repeaty doesn’t make you right.

Let’s take what the RNS said, slowly so maybe others can understand (I’m assuming you won’t)

The Company believes that, should the Warrants be exercised in full, the net proceeds of the Placing and Warrant exercises, together with anticipated business activity and achievement of the 2026 revenue target of $2 million set out above, will provide the Company with sufficient working capital to take the Company towards the end of 2026"

The company currently has £450k cash and spends

£80k per month on G&A assuming zero budget for R&D and zero for marketing.

1. “The company believes that”. This has been moderated by the NOMAD. The company is no longer allowed to write that “it expects”.

2. “Should the warrants be exercised in full”. That’s a big if and no expectation or guarantee can be put on that since over 99% of all warrants in issue haver never been exercised.

3. “Together with anticapted business activity “ again moderated by the NOMAD from expected to anticipated. Also they are non-specific with “business activities “. They are nevertheless hinting at a 50% increase in gross revenue whilst giving zero guarantees or even an explanation as to how. Why? Because they can’t.

4. Notwithstanding a 50% totally unsupported hint of a 50% increase in revenues and the exercise of 10bn warrants the company themselves declare that this will only get the company “towards the end of 2026”. Almost like saying at least past halfway.

So there you are. Moderated by the NOMAD but you would only know that had you been here a while. And you weren’t long and wrong of course 😁

The “offer” of more cash. By who? What the hell does it matter? It was £200k at a massive discount with a free warrant attached.

So there was a bit more demand from the numpties on here than anticipated and the acting broker went back to ENET with £200k more demand. It’s that simple. And without a thought DL diluted you all gain. Without warning. Because he had to. Because he is desperate.

Oops Merc you sound like Stephen all day welcome back!!

It’s not been an easy time for you I know but you do need to calm down. Life’s too short. It’s just another stock. A terrible stock granted, but just a stock nonetheless.

But you di still need to sharpen up. ENET are absolutely NOT fully-funded for 2026. Simple maths tells you that. And neither does it say it anywhere so please stop

spreading BS.

Panic posting CJ ?🤣🤣🤣🤣🤣🤣

Doing a double-placement before a 7-fig contract?

Yeah that makes sense……..🤣🤣🤣🤣🤣🤣

Lower than it already is? You mean an all-time low and someone wants to make it look lower? Why? Enlighten me

They have burnt £50m since they were listed less than 10 years ago. And yes they have had way more cash than this on numerous occasions. They just spent it all, badly

The NOMAD has to temper any forward-looking statements because of the perilous state that ENET finds itself in

0.006

And keep your warrants.

Risk-free 0.004 call option capped at 0.06. 50% upside.

That’s if you have any warrants.

Welcome to the world of ENET!

Oh Casey. God loves a trier!

25bn shs currently in issue

20bn issued since November

5bn at 0.0065

15bn at 0.004

15bn warrants to be converted and hit the mkt between 0.004 and 0.006

That will make 40bn shs in total. FORTY BILLION!!!

Q. Why buy in the market now when you don’t get a free warrant?

Yay JMJ saves the day! He’s had the nod🤣🤣

It only needs one contract and this thing will multi-bag

🚀 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀

They have not said wages are paid in shares Casey.

Some wages were paid in shares at y he r end of last year yes, because they were running out of money, again. But there is absolutely nothing to say that that remains the case. In fact, since this is a lifestyle company for DL, he and the board will again have their snouts in the trough. Feeding on your money. And he never even says thankyou!