RE: Last sentence of each quote 😁😜27 Apr 2024 16:26
With the clear need for so many industries to adapt to PON or risk hitting the inevitable brick wall in terms of not being able to function due to not having enough bandwidth, low latency capability, etc and the need for companies to reduce carbon footprint this is gonna be a massive, massive growth sector. Universities, businesses, civilians the scope that this tech provides for is wider than ya can fathom. As we progress so will PON. With pon 100 being talked about. All these established businesses need to adapt. Many of these companies will be seeking info about how all this can be achieved and it's up to Tevet and Julie to tell them how and provide the solutions.
Also Ethernity is offering to its customers a path to significantly reduce their costs by converting the FPGA into a significantly lower cost and higher performance eASIC. Customers typically start with an FPGA and when annual volumes get to 10,000 units, converting to eASIC becomes a viable financial alternative. By opting for this alternative, the Company estimates that the OEM company will be able to reduce its product cost by up to 50%, allowing the vendor to be more competitive and take more market share. At the same time, the higher production volumes enable Ethernity to enjoy higher gross margins for the complete product.
If Tevet n Julie don't get this company past a 15 million market cap within next 12mths I'd say they didn't do a good job.
Should be a walk in the park for them Christ sake 15mil mcap is only 5p a share.