Member Info for Malpenn

Knowledge of the agreement and key points from RNS... not all doom !!

https://thatstocksguy.substack.com/p/premier-african-minerals-apollo-1

It is well know that Stark are short of funds as a business, hopefully their selling has finished now.

I am hoping that Goddard are in a better financial position and do not have an urgent requirement to sell to raise immediately funds.

Yes, they are back but I wouldnt say indefinitely.. They can choose to keep their 24.99% holding but ENET have a route out of this mess.

Within this agreement ENET becomes debt free and with a technology offering which is extremely relevant to the massive wave of connectivity needs of AI.

A few contract wins and updates, we should see positive movements in the share price and in the short term they would have completed their selling and ENET V2 can progress but the directors better of learnt from their mistakes.

So much product development in the past, they need to translate into sales to bring in revenue.

Last T1 US military aerospace contact was certainly encouraging and hopefully a developing customer for ENET

Https://youtu.be/5oHcE6sksWE?si=gsXPHCqFm06tiaVd

10-Nov-23 16:27:21 1.696 4,875,000 Unknown* 82.68k O

10-Nov-23 16:27:21 1.696 4,875,000 Unknown* 82.68k O

Giving the closing price on Friday, these are well above the Ask but the trade timestamp is identical..

And the MM's will take my entire holding in one go !!!

Found this on ADVFN from purchaseatthetop

Very interesting read.. Tarana will be our escape route.

https://www.lightreading.com/fixed-wireless-access/despite-anti-fwa-ads-cox-tests-tarana-s-fixed-wireless-gear

Another company pushing the boundaries of FWA is Milpitas, California-based Tarana Wireless, which has been gaining traction with its G1 distributed massive MIMO systems that are underpinned by three custom chipsets, one of which comes from Ethernity networks, which is supplying Tarana with its ENET Flow Processor FPGA systems-on-chip.

Its end-to-end system, the company claims, enables non line-of-sight connectivity (or “sees around corners and rejects interference” in the company’s own words) using its “unique” signal processing techniques.

The 12-year-old company, which raised $50 million in May this year to take its total funding to more than $200 million, has the advantage of boasting former Nokia executive Basil Alwan, one of the most respected technology leaders in the telecoms industry, as its Executive Chairman and CEO. That will help Tarana to build on its existing customer base of wireless ISPs such as US rural service provider Wisper Internet and MTN in South Africa and engage in conversations with the likes of BT, which is exploring the potential of using Tarana’s technology to supplement its 5G and fibre broadband rollouts with an affordable broadband connectivity solution.

Https://www.usbroadbandsummit.com/usbroadbandsummitcom/schedule

Speaker:

Carl Guardino

Tarana Wireless

VP of Government Affairs & Policy

Carl serves as the VP of Government Affairs & Policy. After three decades in CEO and senior officer roles, including 24 years as CEO of the Silicon Valley Leadership Group, Carl came to Tarana after leading global government affairs for Bloom Energy. Carl also serves as Vice Chair of the CA Transportation Commission, which annually programs and allocates nearly $10 billion in transportation improvements throughout the state. Through his past leadership roles, Carl has led and co-led 19 statewide, regional, and countywide ballot initiatives, winning 18 out of 19 campaigns. Carl graduated from San Jose State University, where he is a Distinguished Alumnus. Outside of work, Carl is a runner, cyclist, and triathlete, having completed 19 marathons and three IRONMANs. Carl and his wife, Leslee, have three children.

The customers legal teams in most sectors are going to be extremely sensitive to placing orders for technology if there is any risk that no support would be possible if ENET didn't survive.

Then you take this is a US military aerospace customer, they will be using ENET as part of their solution, so to integrate a product which could be non-supported would never happen...

Does anyone really think that a Tier 1 US Military customer is going to be buying any products or services from ENET unless they were given cast iron guarantees of their survival.

The contact and court extension were major endorsements of ENET, the market however is ignoring these facts and still playing on fear.

Any additional contacts will put this matter beyond doubt.

When looking at companies who have some temporary financial difficulties it's important to look at their products and look at the future consumption of their products to see if there is sustained revenue.. Taking aside the recent T1 aerospace customer in the US and the technology being.

G1:

https://ethernitynet.com/press/ethernity-networks-powers-tarana-product/

Tarana:

https://www.taranawireless.com/case-study-nextlink-connects-the-underconnected-with-ngfwa/

Https://gb.wallmine.com/lse/enet/officer/1911500/david-levi

Last company, Broadlight was acquired by Broadcom for $230 Million.. we have an established business leader as well as technical genius leading ENET.

I am thinking that Broadcom are very aware of ENET...

Levi's last company was purchased by Broadcom.. Massive networking and connectivity giant. Broadcom are purchasing VMware and already Brocade..

Link the topics AI, connectivity, 5G, edge to DC, IoT....Enet !!!

The future is extremely bring for ENET.. The artificial intelligence wave is growing and growing. If you break down AI-specific hardware you will be looking at GPU's, TPU's and for ENET:

FPGAs: integrated circuits customised for specific applications and ASIC's: Integrated circuits customised for specific applications and of course 5G connectivity where normal coverage is not possible...

This company is gaining orders when their existence was in doubt, that is a massive show of support and will only gain more contracts in a short period of time

Just checked and true..

They will also take all my holding in one go.. going up !!

So the market for VAST had been down since 15:10 and yet a 45 Million buy was pushed through at 16:28 🤔

Exchange fault... Last trade for lots of companies was around 15:10.

All requests are going to NT Buy or Sell

It should be can't buy or sell anything including 1 share as there is an exchange fault !!

It's a problem across multiple companies. Can't buy AVCT either and the last transaction was similarly timed 15:10...