Copy of Letter (email) to Athan and the Board, page-127

So folks, where in the cycle do you think we are presently?

Maybe not the best proposals in the upcoming AGM and I must confess I too voted many of them down weeks ago.

However no matter which way I look at it, XPE are only a few kms into a marathon. It feels to me that folks here are screaming at each other to know if we are going to win when we have only just turned the first few corners and jumped a hurdle or two.

If you're a holder long term or a holder that was supposed to be short term however now find yourself stuck and in negative territory, then all y'all need to do is just calm down, settle in, find a comfortable rhythm and keeping reminding yourself.... one step at a time. One step at a time.

Porting our tech is nearly completed. Mananagment have confirmed this is the hardest part.... who here honestly thinks that telink or lenze intend to only punch out a few thousand ADRC enabled chips?

All great journeys start with but one step, and they rarely ever go according to plan.

Forgetting all the shenanigans regarding the recent resolutions I still have no doubt, no doubt at all that Xped are going to grow into a big fish.

Scripted or not, it's all there in Martins Q and A. Read it again, link it to previous MOUs and announcements. Then step back and try and see that as one tenth of what is yet to come. Where are all these little steps pointing too?

Big picture....IMO, these boys are going for the throat here.
To survive they have to be the best, or nothing.

So when things don't go according to plan with staff or aquisitions then they have to be dropped and moved along immediately.

When markets like this develop there is only ever one winner. Whether it's VHS, Blue ray, Bluetooth, google as a search engine, eBay as an online auction, Alibaba as an online market.... there is only ever one winner that sits waaaaaay way up there, and rest are all minnows in comparison and many peeter out.

This is clearly what XPE are aiming for in the iot....to be the benchmark.

We are in the race early and have the simplest, most capable and most user friendly answer to connecting it all....and it's patented, plus we are working with two huge semi conductor companies, have secured an Intel proffessional with intimate knowledge of what Intel want and I'm sure what is needed to be done to be what intel and many more want. They in discussions with 2 entities that cannot be named.... where do all these dots lead?

For what its worth, I don't imagine there will be much more at the AGM other than a more in depth review along the lines of the recent Q and A. If there was new news, then they would announce it immediately and prior to the AGM.

Things don't always go to plan and timing of news or results can not always be perfect, however I am still comfortable with the team and most importantly the tech and where it's headed.

This is a patience play IMO and the smart/ballsy ones are accumulating as we speak because the real game hasn't even started yet.