Member Info for wadogara

Mr. Rios is the former General Manager of Blockchain and Business Solutions in the Accelerated Computing Systems and Graphics Group at Intel Corp, where he spent 25 years. He was instrumental in the Blockscale ASIC project - Intel's dedicated chip for Bitcoin mining - and he brings extensive expertise in ASIC chip design, production and proprietary architecture development to QBT.

Just a week late there SV

Perfect comedic timing, as always 🤡

Like i said..pathetic. Go find some light in your life Sarah and get off these chatrooms. I'll say a prayer for you.

Absolutely. The company haven't said they are delisting, just some twits on here who can count to 4 . Bouncey time

@ Sarah-i-can-count-to-4

What a pathetically vile individual

@Beyondthesea

Beyondcompare. Thank you for your informative posting, keeps reminding me of why i'm invested here. Screaming bargain imo

Absolutely EVERYONE who chances their arm at this crazy game shoud be in in this, at whatever level is comfortable. Nobody knows where this could go..but is it 40-50% downside or 1000% or more upside ? If this does come off then..waow !! Placing over, worth a punt , why not ?

@Bpat

Read Dec.24th RNS. Placing done and intentions to sell some investments to pay off Loan Notes and to pay for further investments :

"Whilst the Company expects certain of its investments to be sold in the short to medium term which would be expected to generate sufficient proceeds to repay the Loan Notes, the precise timing of this may vary and therefore the combination of a placing now, along with the re-profile of the Loan Notes will provide the Company with additional flexibility and enable it to preserve additional cash for investment purposes."

@umelahi

Nailed it !

..and yet there's 1 plonker on here who thinks they won't get funding 😂😂😂😂😂.

Defo not a troll/game-player/parasite/stooge/attention seeker/ dunce..

Already priced in lol 😂😂😂😂..this will continue rising throughout 2025 as all 17+ ai investments go thru the roof 🚀. Easiest hold and buy i've ever had !

Thks for your concern @ Ravenspads

From 24 Dec RNS :

"Whilst the Company expects certain of its investments to be sold in the short to medium term which would be expected to generate sufficient proceeds to repay the Loan Notes, the precise timing of this may vary and therefore the combination of a placing now, along with the re-profile of the Loan Notes will provide the Company with additional flexibility and enable it to preserve additional cash for investment purposes."

So loan note repayment ( not due until Dec.'25 and Dec.'26 🤔😂) well sorted, and plenty left over for even MORE investment , just to add to the 17 we already have. SVV investment up by 35% in just 6 months, and ai is only getting started 🚀🚀🚀

Anyone any idea what the other investments here might be worth ?..ballpark even ?

Anyone think we're a little undervalued here 🤔

..continued

"The Company believes that the ASIC proposals provided to the two Tier-1 wireless backhaul vendors offer significant value for these vendors, both in terms of expedited time to market and significant cost savings compared to existing, off-the-shelf ASICs. While no contract has been signed yet with these vendors nor can there be any guarantee that contracts will be signed, we are making progress in negotiating with one of the two vendors that has indicated an interest to select Ethernity and in funding an extensive part of the NRE required for the ASIC development and the Company is exploring the possibility of additional NRE being funded from another vendor."

Additional vendors have indicated their interest in the Company's proposed ASIC product, including existing customers that use Ethernity's FPGA based solution

From Nov. '24 Business Update RNS :

Recently, the Company has commenced discussions on two new potential opportunities to expand the business with this customer. The first is an opportunity to provide customization services, as an extension of the contract won earlier this year. The second is a significantly larger opportunity with a new division within the same customer group, that is interested in deploying the Company's technology on their platform. This additional opportunity, should a contract be signed based on current discussions, would involve customized development, resulting in substantial NRE to Ethernity and additional license payments.

From Sept Interims RNS

Management believes that there is an addressable market that could enable the Company to achieve significant revenue growth over the coming years and aspire for the Company to reach annual revenues exceeding $35 million in five years.

The Directors believe that Ethernity is strategically positioned to capitalize on a unique transformative business opportunity within the growing FrontHaul/Backhaul mobile industry, driven by the ever-increasing demand for more bandwidth driven by mass migration to cloud based solutions

True

Primed, seller out,contract news due

Within 5 years..aspirations of the board. Cashflow low, yes,but contract news long overdue, and if it comes this will multibag as it's priced to fail. Under £400k mcap..worth a shot imo.

Deepseek even 🙄