Member Info for LearningG

Date Time Trade Prc Volume Buy/Sell Bid Ask Value

30-Oct-24 10:36:22 0.1636 828,888 Sell* 0.16 0.18 1,356 O

30-Oct-24 10:28:45 0.1666 2,806,747 Sell* 0.16 0.18 4,676 O

30-Oct-24 09:17:15 0.178 2,806,747 Buy* 0.165 0.18 4,996 O

30-Oct-24 09:15:21 0.1754 828,888 Buy* 0.165 0.18 1,454 O

Because I got sucked in and lost a good chunk of money.

I feel obliged to make sure other people have the information. I post facts not the hope and pump. I keep on learning but this one was a very sore lesson. I do not hold but believe they could have a decent business if they can sort the debt out without simply diluting all share holders massively. To do that they need $10m revenue.

Thats why

Of course you are, now what do you know about Ethernity?

If its not much, then beware, it is a pump and dump share only at present read down a few posts and you will see it has promised much but only delivered a tiny fraction of that and is massively diluted, with potentially more coming.

First post really!

Maybe someone else was using Silverlights LSE access today. Hmmmmm

Hull I agree

But throughout "second half" is now down to last 2 months of Q4. They have been asked to confirm they are still working on the contracts, to date they have not changed their position which is fine, if contract lost however this would have been a notifiable material change and as such they would be in breach of AIM rules.

No excuse on holdings, currently New Tech are not shown on the holdings page.

hTTps://ethernitynet.com/investors/#Shareholder_Analysis

Its just poor

New Tech have a much reduced enthusiastic PI base. Good to see they have employed some new pumpers.

When you need to shift 220m shares you guys will have to work very hard.

Whats your revenue forecast?

What do you know about the aerospace contracts?

Has Tarana left ENET ? Or will H2 orders arrive as promised by BOD.

What do ENET spend $300k every month on?

What are the terms of their debt repayments?

PUMP away

To all new PUMP and DUMPERS, probably the originals. Read down a few posts and you will find some burnt LTHs that will ask you to clarify where the $10m Revenue is coming from. Posting for first time on here after opening account 2 days ago.

$10M is breakeven as cost base is too high

Here's the RAMP avoid this share at all costs until the company actually has revenue circa $10m.

If not they are going to go bust or dilute everyone yet again.

5,000,000 sell to start the day says it all with out news. SP to sell now £0.00151, New Tech need news but where is $10m news coming from?

TR1 is most likely next RNS.

Disclosure of interests

73.2.

Each Shareholder shall comply with the requirements of DTR 5 (Disclosure and Transparency rules) and shall notify the Company where its voting rights exceed, reach or fall below the thresholds of 3%, 4%, 5%, 6%, 7%, 8% 9%, 10% and each 1% threshold thereafter up to 100%.

New Tech must tell ENET and well they should tell us? May be hide it on Reevoween.

Maybe New Tech with 25% and a secret mystery fund have spotted incredible value and its all about to be taken out.

How exciting. Pumpty Pump.

i am off to buy a fortune on US markets before they close. Pumpty Pump.

No TR1 they must have sold them all. Pumpty Pump.

I am going to have to cancel my short. I'll have to buy at 4p. (no shorts)

I have heard Rachel Reeves has 50B she wants to invest and turn into 5m someone has told her about ENET. (roll on 30th)

Elon must needs as part of Star link keeping up with Tarana. Pumpty Pump.

or

I can say such rubbish because I lost a chunk on misleading PUMPs myself. 5,000,000 is being used to lure the innocent in so new tech can clear. Stay sensible all, and only lose want you can afford to.

Wait for news (no Pump). 2 months and 6 days left to promised orders in H2 by BOD.

The Warrants linked to the 800k raise have an 8 month expiry date. As is usual with Enet that date is not 100% clear.

Announced in RNS on 17/5/24 then 8 months would be 17/1/25.

In the update on the 15/7/24 "The Exercise Price of the new Ordinary Shares issued to New Tech pursuant to the first

Warrant exercise notice, details of which were announced on 12 July 2024, was calculated based on this formula."

If however it goes live from first execution then the first shares went live on the 12/7/24 which would give to 12/3/25.

For those thinking New Tech will not sell, history tells us they will, now where's the TR1?

Great point by bunlop on ADFN post 40840. They raise that as the shares nominal value is 0.001 then more shares can only be issued at that price and as such avoid infinite dilution. Still awful but not infinite.

Communication from ENET is always slow so expect TR1 when they fancy next week, perhaps they could clarify the 8 month period for the warrants to?

Pre Selling was used previously as a predicted line, on one of the many raises, it always proved false.

When the TR1 comes on Friday or Monday it will say between 21% and 22%, they will have cleared some of the 3.4% they held.

195,000,000m shares valued at £0.001 a share are being released ono the market on Friday.

DO NOT buy without contract news, revenue required $10m, anything less company still losing money. The SP is dropping for a reason this week.

I think the phrase is to infinity and beyond. Is that the next VWAP conversion? Just to get things back to Ethernity.

Lets keep politics out, the company is what we are here to talk about.

They are utterly useless at advanced planning for Investor updates so just wait for RNS I am afraid.

New shares go live on Friday. Its amazing that SP is still at 0.17.

Why manipulation of market to suck in PIs?

Do not get PUMPED wait for any news as i did for many years, still waiting, Revenue needs to be $10m to break even.

Just bear in mind that ENET need to deliver revenue not $1 or $2m but a clear path to $10m

Over simplified model

Revenue $10 million

Gross Margins at 75% = $7.5m (that's generous)

Cost base of $6m

Finance costs of $1.2m (less if they stop doing raises)

PBT = $300k

Tax $200k

Net Profit of $100k

900m shares give EPS 0.011c

0.18p converts to 0.2404c (used 1.28 conversion)

That equates to PE of 16

Fairly valued then at 0.18p with revenue of $10m

Bargain now where's that revenue? That's the scale they need to deliver not $3m. Cost base has been very indulgent.

If you were a company with lots of shares to sell you would work with managers that have got you out off previous holdings to date. The challenge is to liquidate the stock at the highest price to return your capital.

Those managers tactics would be to incentivise their teams to create busy days when PIs get excited by supporting a FOMO news agenda. Achieved by

Work across Telegram, ADFN and LSE plus other boards to create FOMO on other sites

Create specialists with detailed knowledge to make it all sound great, have slightly weaker specialists on the counter argument. Making the former look more knowledgeable.

Create days when the share was high on the leader boards showing its potential by buying the market on quiet days

Be very active on boards and discredit real knowledge.

Be very active around HY and FY results to drive FOMO

Subtly at end of day or during busy session sell though. Then rinse and repeat.

The SP will not drop as it should it will be worked by specialists to keep it high as possible.

Its clever and you would do the same it what ever company you held if you needed to liquidate.

I am not saying any specific company but if it was you what would you do?