Member Info for fingerintheair

My thoughts keep circling back to Mahfuz Choudhury - he's no fool, What does he know?, WHO does he know? (especially in the ASIC/tech sector), What is his up to date % holding in ENET?, Could he have the wherewithal to transform Ethernity from being a seven stone weakling to becoming a muscle bound hulk in the field? ........ answers on a postcard please - I'm all ears.

Bear in mind that the full text of the ASIC discussions scenario - as laid out in the recent business update RNS from David Levi also states that the NRE including ASIC design cost of $15m - $17m would need to be funded by prospective customers and accompanied by minimum purchase commitments for the finished product.

IE A massive leap of faith for a potential customer, who will obviously also be talking to other vendors - Tricky's posted link at 16:24 shows some of the players in the field.

Confucious say ..... man who has crystal ball - see himself coming :-))

Random thought > > ENET share price on 31st December - .925p and saddled with 1.6 million in unpayable debt (at that time).

Surely no one can argue that Ethernity is in a WORSE position now, than it was back then!

And as for the share price, this was widely predicted to be an easy 10 bagger this year .... I suppose it has, sadly a MINUS 10 bagger.

5th December 2023 - 1.4p ...... 5th December 2024 - 0.125.

One thing that Has gone up by 400% - is the number of shares .....

..... Tomorrow is a new day, I hope for the benefit of the established shareholders that my previous post ages badly :-))

Perhaps M Chowhurry is averaging down!, 20% underwater atm, Yesterday's flurry and today's slump has shown a few things - 1) Newtech laughing all the way to the bank and emboldened to scoop up more at 0.1p max.

2) David Levi got a nifty placing away at, what is for him a dream price atm. 3) Dilution into infinity - not a problem, whatever the number of new shares that are created .... someone will buy. All this without Enet needing to gain a single order/contract ...... colour me bewildered!

It would be beautifully ironic if Tarana are buying in. Something is definitely afoot that will blindside most of us theorists imo. Got my fingers crossed for Enet shareholders ..... especially the long termers.

Perhaps 666,666 would be more appropriate if it was a message from The Universe.

Don't lose sight of the Aerospace contract , which imo was a notable win ..... whats to say that other orders aren't about to break ? DL and his team have everything to play for - its irrational to assume they are twiddling their thumbs right now.

Companies on the AIM can always get a placement away ..... IF they have a good story to tell and if the Board of Directors are trustworthy. Even death spiral lenders have their limits. IF repeat IF .... ENET actually needs more funding everything rests on a meaty announcement from David Levi

Silver - your rationale was spot on, my finger was hovering over the buy button at that time too. David Levi's next rns will be pivotal ..... the radio silence and inexorable cash burn must be excruciating for the shareholders atm - many of whom are 90% plus underwater. I clearly recognise that negative posts will be anathema to you and others, and clearly mockery and attack for it's own sake is inappropriate . GLA

Hmm - just noticed the 5m sale, maybe NTC are trickling them out. Logically NTC are the only parties outside of the boardroom that could be privy to the state of play at ENET, yes the next disclosure will be telling .... my eyes are on NTC.

Also any RNS from ENET will have to be meaty - David Levi is a busted flush on any "jam tomorrow" announcements and despite his arrogance he will be fully aware of that.

I am curious as to why NewTech are not dumping shares currently.

A rather tasty 25 / 30% instant profit - with the option to get more at 0.1pence for another dabble if they so desire.

Surely it's TARANA that are in the pond, gorging on Government money - Enet

are further down the food chain.

Where are Tarana's ORDERS to Enet ? ...... why is David Levi not announcing increasing royalties from Tarana ?

Obviously the "Illuminati" are building a stake - which by definition must remain a secret.

It feels like an eerie silence has descended over this share. Few trades, Market Makers not stimulating any movement, Newtech not showing their hand and nothing from ENET atm.

My gut tells me that something dramatic is in the wind.

Especially with Julie K on the team - with her vast experience in Investor Relations.

It's rather ironic to have radio silence from a 'leader' in the communications field