Member Info for skid35

LOL, I think you need to read what you sent a link to, I guarantee you just complete and total rubbish - "net revenue is gross revenue after deducting all expenses" ?????

So why did OPTI state gross revenue ? Either its not revenue (some approximate from invoicing, other deductions need to take place - buyback and resale ?) or just a completely amateurish RNS.

No it doesn't - there is no such accounting term as "gross revenue".

What is “gross” revenue ????

Jesus, what are you on ?

Dax - firstly day off. Always find it strange when someone directly post to me, putting my moniker directly in the title and I then reply its "give it a rest mate".

Dax, I'm not so arrogant to think what post here makes a blind bit of difference here - the facts have done so with the current share and will speak for themselves in the future. I don't want to see investors or traders lose hard earned money here, but ENET is simply not a sustainable business, or certainly one which is listed with the most ridiculous board salaries for running a business smaller than the smallest corner shop.

They can truck on with fundraises with a few city boys getting fees and churning their % holdings at the expense of existing holders but this ruse is on its last legs.

As I have said before the BOD lack any integrity and are completely 100% incompetent, they have repeatedly and deliberately misled existing and potential holders, and should be barred from holding any directorship positions. Anyone still looking at, and basing an opinion on, a recent RNS in isolation just needs to go back a few months and see the churn of opportunities which amount to zero.

Steve, unfortunately yes - I think has been since Tarana dumped them as they were not simply a trusted supplier.

An ENET RNS is not worth the paper it is written on, just fantasy stuff which should not be allowed under market rules. And before Mickey pipes up that the broker / nomad wouldnt allow it if it didnt have any underlying justification - as we see time after time on AIM and with ENET RNSs that are 100% false.

Steve,

I have worked with top class tech sales VPs on deal and pipeline management and have seen the way they assess opportunities - the absolute level of detail with deal sheets covering every aspect of an opportunity from a customer perspective and the compelling event, the assessment of competitors, a detailed understanding of every decision makers and their criteria for award, timetables and timelines of events understanding customer approval and award processes etc etc. Even with AAA rated, gartner magic quandrant leaders a software deal of $1m is usually a 6-12 month timeline with a lot ending up with lets stick with the status quo, to embed IP into a customers product is a longer timeframe.

Unfortunately the thin rations ENET gives at every RNS are not even at the opportunity stage and you wouldnt even start the assessment process on the first rung of the ladder, and are soon forgotten.

Steve. This is always the issue.

It is the progress on engagements that ENET RNSd 6 - 18 months ago which are required, the problem is, as always, these were not qualified opportunities with any hope of closing. The opportunities, surprise surprise, have never progressed as they were built on absolutely nothing and then silence. Where's the brilliant Ilan back on proactive talking what happened to the massive NRE opportunity which would give revenue in 24 ?

Now we have new engagements which again are completely unqualified. DL considers an engagement leaving a voice message with a PA, and when there is no response this is then an active opportunity as they haven't bothered to reply to some rambling, incoherent idiot.

Tricky - you're correct, hence why I post here to stop people looking at just the last RNS and "investing" or even "trading" their hard earned cash to pay DL $20k a month, but to go back and look at previous ones and then what they actually achieved and realise DL is just a liar - thats what he does.

Every six months a business update where one set of completely unqualified opportunities based on one strategy get replaced with another set of completely unqualified opportunities on a new business strategy - and no mention of the previous set of completely unqualified opportunities.

Consolidated cash flow statement in the annual report splits out cash from financing from movement in debtors. Some segmental disclosure provides customer concentration stats enabling an understanding of top customer revenue, unfortunately not provided.

Back again above 1150p.

Hopefully will continue to give the shorters in NYSE a kicking.

Piper, no we are not here to see "guy fail", sincerely hope that there is somehow some magic deal in the background so positive posters here break even or make a bit on their hard earned cash. ENET simply has nothing of any value in the market.

DL is a deeply untrustworthy and flawed individual who should be nowhere near any listed company, happy to take $20k a month supported by a terrible board and enabled by brokers and nomads all taking their cut.

You need to take net not gross cash.

First little nibble here as well, hopefully found its bottom.

All signs are ENET are no where a material contract, and even further away from any material revenue. Less than $300k of new contracts in a year plus, and that revenue in tech valuation terms is zero quality.

You need to read every RNS since float to read "OEM interest" with zero results. I sent you the AIM rules in the past, this isnt the case. Patent moving forward really is just fluff, you can licence IP (which does have protection) without a patent (the vast majority is ) - so where are these licences for such world beating IP.

So what is Twib, as someone from the financial services industry, understanding on the tech market at this level - we know in the past from Dallo that he was mislead.

The stage is set for, you guessed it, running out of cash and existing holders taking a bath.

Yeah, the bloke who when questioned didn't understand the very, very basics of a funding deal, and where a private shareholder had to step in to run the AGM as he was so, so, so far.out of his depth. Complete amateur.

Probably best focus on running the business rather than spend a few days at microcap conferences in the US, she's off the ball.

Jimzi.

I think the cash issue is more permanent than that, the issue is the CEO / CFO didn't appear to realise that this might be an issue - this should be a basic stress test on you financial models and major issue.

Agree,.sell.off with the arr growth seems harsh.