Member Info for skid35

Jimzi, I think / hope you're correct - a big director buy in the next couple of days will help.

Concerns for me are seeming lack of planning on the impact on a slowdown in sales combined with a change in proportion in contract types on cash.

A little like clbs (with he two same reasons / excuses) but unfortunately without their cash balance as a buffer. Problem is q3 always a real poor qtr for software saas deals.

A few weeks is $300k of costs out the door.

Darien, Jim Cramer is unfortunately usually a kiss of death.

Great to see IPO comes of the ridiculous lows it was at with massive cash and listed company valuations.

Https://www.theguardian.com/environment/2025/jul/13/pfas-gut-microbes-forever-chemicals

Mickey. You are probably the most gullible person ever to walk the earth. Can I give you a call as a "Microsoft employee" ?

Nomads on AIM are full of overpaid public school boys who really don't have a clue about anything. If the nomads has signed off all the past RNSS why are they are complete and total bull####?

Asher. Still have a few shares.

Things have changed. In terms of market opportunity they have crossed out about 10-20 markets where they concentrated on where they thought a good chance of winning, and now just scrapping around in the dregs where there is minimal chances of any success.

There isn't anyone positive, even those like yourself as her who have been here for a year or so can see the RNS of a year or two ago.

Burren. Haven't worked it out as a few buys and sell, but lost money here and don't want to see other do the same - including short term traders.

Key point to remember is that with most AIM companies you are effectively buying into a few individuals. DL is not an investable individual, deeply deluded, arrogant and untrustworthy. I expect he comes across this way to potential customers as well.

If the company has anything valuable based on its previous multiple, ever changing, strategies it would have actually sold something material in the years since IPO. The latest strategy reincarnation is after one's that they believed had more chance of success have all failed - this after repeated RNSs that every strategy was about to win big.

Any company, which ENET claims to have evaluated ENET IP, would buy the company outright with earn outs or have control. It wouldn't leave any delivery in the hands of DL with the history of failed contracts.

The facts are in the past RNSs on when they thought they were, and then what actually happened which was sweet ##.

Mickey.

So, no surprise as there has been one RNS in the last year for new contracts for a value of less than $300k, no RNS.

60-70% probability next week of "news", just a complete guess with no basis.

The rest is just rubbish pretending to have some understanding of how a market in such an irrelevant AIM company works.

No I don't agree.

You attract key investors through executing a strategy, something ENET has failed to do and why Miton (after supporting ENET with every cash raise until c 2 years ago) as the only real investor gave up on repeated failure and "next time its different" RNSs.

You attract talent through offering a mix of monetary reward, a stable career etc. A number of PIs a few years ago were in contact with employees who painted a picture of total chaos and incompetence at all levels and functions.

Yes - opportunities are out there and HAVE been for years. You have to ask what has now changed from ENET being the basket case it is, to somehow now having "no brainer" / "instant ROI" offerings.

Halfwit, providing a list of tech conferences is not research and the ones you have listed shows you don't understand the products / services ENET has but doesn't sell. You need to look up what Fintech is.

No ENET is not required to produce quarterly results, it they did I think income would be well be $100k.

Come on Slacker - dont you read the RNSs everythings always lining up for ENET - this one from two years ago where we see the standard lines of "interest from multiple OEMs", but its in every RNS for the last 4/5 years.

"Ethernity has seen growing interest from multiple OEMs for its PON fibre controller devices and PON systems over and above the current signed contracts. As a result, the Company will target sales of licensing fees for its PON fibre controller SoC and sales of its PON fibre controller OLT system in various configurations. Our newly introduced state-of-the-art UEP3808 PON system resulted from the partnership with the Customer, based on the Customer's existing XGS-PON OLT described above. It has already captured the interest of certain OEMs, as they cited our ability to deliver the PON system at the right price so as to allow OEMs to take an off-the-shelf platform to the market, reducing time-to-revenue"

Halfmov,

This really sums it up. A massive list of products which cost tens of $m of shareholder funds to develop that sold a couple of $100k in royalty income last year.

Mickey - the company always explicitly talks about opportunities and states revenue forecasts for the year for this, these "near term" opportunities are probably DL leaving a message on someone's voicemail.

No they are not financially set up, they are back to being skint (yet again). No it is not "a cleaner setup as you'll get on AIM" its the complete opposite.

Still waiting for chief buffoon B-Positives "renewal" of $1m which is now a week late, its almost like he hasnt a clue.

No mention of Sweetbio, little dig at the "bloggers" at the end which will no doubt annoy the bloated egos in the room.

Best to remember the three "Managing Directors" between them manage revenue of an average corner shop. Really is time to stop telling us about the opportunity year after year after year, but actually deliver against it - everyone can strategise till the cows come home. Now deliver incremental (a 100% increase of b***** all is still b****** all) MATERIAL business streams which provide a gross margin to even cover their costs of employment.

Spectral, hope your correct. Last CFO seemed to steady the ship from the complete disaster of the one before last who seemed to have had the same impact on Tekmar when he was CFO there.

Apart from acting as the voice of reason in the room, the initial task of the CFO is to get to grips with probably the worst working capital management I have seen - a cycle of 18-24 months.

Yes, I can see you know your tech stuff. What does the 1 stand for in A1?

Flightman takes over the crown from halfmov, and that is really saying something.

Don't tell me, simplywallst ?

She made such a great impression the share price has done what exactly ?

Lets hope.Angus doesn't say knock it out the park