Ann: Q2FY20 Activities Update and Appendix 4C, page-93

Dadi certainly has the means, and he did take up am allocation at last CR, which is comforting. No doubt he could have taken up more, but maybe he thought it was not necessary given the partners WBT were in the process of lining up. Time will tell.

Either way, push come to shove, I can’t see Dadi or Atiq signing up to a company that will ultimately go into liquidation because they could not raise funds to keep the company alive. They both have friends in the right places, and a reputation on the line.

One thing is for sure though, WBT appear to be miles ahead of their competitors, and are building a very strategic moat around the company as a whole.

Of late, WBT announcements simply address how they continually reduce the barriers of entry for end customers to adopt their ReRAM technology. If you know of other companies achieving the same milestones I’d more more than happy to hear your take on their approaches and how they contrast with WBT.

Regardless of current market conditions, the world has an appetite for increased computing power due to automation and AI. It’s an unavoidable fact that this is the one industry that will continue to push through, even in the grips of world economic recession. Sure WBT are not quite there yet, but it’s certainly on their horizon, hence their work with Leti and neuromorphic displays. It’s this work that says to me that WBT are at the forefront of modern computing and they have a lifecycle of at least 30 to 40 years, which suits me just fine.