Member Info for LearningG

I agree while China wrongfully think they own Taiwan this deal suggests Weichai is being confirmed as not happening?

11 January 2024

ETHERNITY NETWORKS LTD

("Ethernity" or the "Company")

Holding(s) in Company

Ethernity Networks Ltd (AIM: ENET.L; OTCMKTS: ENETF), a leading supplier of networking processing semiconductor technology for virtualised networking appliances, received notification today from 5G Innovation Leaders Fund, LLC (the "Investor") that the Investor's voting rights over the Company's ordinary shares at today's date are between 8% and 9% of the Company's total issued share capital.

this represents 32m as at the 11th but they have been selling down since.

Card are one of the most efficient when it comes to wage controls. Minimum wage damages their less busy rivals more which in the longer term benefits card. They know the costs and it will all be budgeted out with a plan.

Loan must be the cheapest way to get launch away but it’s all very contrived. Just received my Microsalt from Amazon, I will give it a go and feedback. They better get Microsalt away this time or the begging bowl will be coming again.

Thank you for that video link. Its interesting to see its in their news and Seb is very clear who was at fault.

12/01/2024

5.6% David Levi 20,949,065

1.5% Cipio Partners Fund VI S.C.S 5,722,000

1.5% Shavit Baruch 5,760,438

0.7% Pix Epsilon Pte. Ltd. 2,476,000

8.5% 5G Innovation Leaders Fund, LLC Min holding FC 32,021,293

Total Shares 376,721,091

they had 45,500,000 so still 13.5m cleared 32m to go.

HTTps://www.msn.com/en-gb/news/newslondon/google-starts-blocking-cookies-that-track-your-data-across-sites/ar-AA1mw3rg

i think the opportunity is sinking in

All is good of course the board are worth it. Sneak this one out so we don’t have to comm until late January.

Great year SP 6p but MCap will be 100m. Merry overpaid Xmas from this years recipient of all talk award.

HTTp://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20231221:nRSU5107Xa&default-theme=true

Update Microsalt date now January at earliest. Hardly surprising

Given Bergen has cleared a huge amount more than this in last few weeks and has continued to do so this week I suspect this will get away. There is an appetite for the shares. Decent order news will produce a rapid return for the investors.

This should allow TSP to be cleared, courts will have agreed this figure as going concern being satisfactory. Now Revenue 24 needs to be at least $8m to deliver profitability and an EPS that we could forecast a meaningful PE off for 2022, 2025 and onwards.

Many sales and inventory questions to be answered but safety for now seems assured. I think 1.02 (8.01 this am) may be the new low.

I doubt new holders will see under 1p but they may not plan to hold on too long if news can get SP up.

If SP hits 1.5p that's a nice safe 50% and exit.

Next news will be exit TSP and the Wireless news from states.

If Bergen are behind the sales yesterday which fits the pattern then the SP will continue to drop without news. Looks like they did not presell. 61.5m will take longer to clear as raise is authorised and in the background.

Money collected over December should allow Ethernity a time runway in quarter 1. This allows Bergen to go. SP to stabilise and news to be released with raise.

Step by step David L is getting there.

If SP drops to 0.5 while Bergen clear then they too have exited at an average price far better than they expected, remember they expected nothing except a creditors battle not long ago.

Ethernity will watch the next few days trades closely. Then exit the TSP with an agreed plan to raise in new year, the courts will have to be convinced all is in place but should be deliverable.

Company then with cash but what price raise depends on the order news. Next step then Bergen to clear with mm's trying to suck more out of PI's.

The Tarana order for H1 24 will be used for raise. With markets usually in a good mood around Christmas strike while hot?

Key Shareholders

Significant shareholders as of 05 December 2023

Shareholders Shares %Holding

David Levi 13,449,065 5.66%

Cipio Partners Fund VI S.C.S 5,722,000 2.41%

Shavit Baruch 5,760,438 2.42%

Pix Epsilon Pte. Ltd. 2,476,000 1.04%

5G Innovation Leaders Fund, LLC 43,600,000 18.34%

Is that it for today?

Surely some meat on the bones. the holdings should be updated once Bergen officially get their shares

We are waiting for an answer we know lol

Tomorrow opens the permission to open Pandora's box on SP. The positive is that David L and others do not want massive further dilution of their holdings. That said their holdings are no where near what they paid for them and effectively it is a reset for the company and their holdings. Future looks to be nearly safe but EPS will be impacted by what ever raise is completed and when. Tomorrow will be a rubber stamp exercise, when will news come?

Passive Optical Network (PON)

A passive optical network (PON) is a fiber-optic network utilizing a point-to-multipoint topology and optical splitters to deliver data from a single transmission point to multiple user endpoints. Passive, in this context, refers to the unpowered condition of the fiber and splitting/combining components.

In contrast to an active optical network, electrical power is only required at the send and receive points, making a PON inherently efficient from an operation cost standpoint. Passive optical networks are used to simultaneously transmit signals in both the upstream and downstream directions to and from the user endpoints.

Who said revenues unknown

From RNS

Subject to completion of the FY2023 audit, the Company anticipates that its headline results for 2023 will be:

· revenue of between US$3.6m and US$3.8m (2022: US$2.97m);

· underlying gross profit of between US$2.4m and US$2.6m (2022: US$1.59m) representing an underlying gross margin of 67%-68% (2022: 54%);

· EBITDA loss of not more than US$3.8m (2022: EBITDA loss of US$6.4m); and

· a reduction in monthly operating expenses from US$660k in June 2023 to US$300k in December 2023.