Ann: Trading Halt, page-52

i listened in to another zoom presentation yesterday which i assume is similar to what youll be listening to today. to be honest it really isnt that much different to the interview that got posted yesterday in this thread, nothing new really. the q's that got covered in that meeting to help you out were:
- Any update on SK Parter? The SK partner is going slower (although very much still there) due to XTX and Sien who are moving quicker and appear to be more aggressive in their approach with WBT. This is partly due to China / US trade war at the moment which is basically pushing china along quicker, so long story short the trade war with trump is helping us out
- Any more cap raises expected? This appears (fingers crossed) to be the last cap raise required due to part of this money being used to transfer into fabs and commence fabricating, at which point an NRE payment may commence or revenues of other sorts
- Competitor updates? Competitors are doing well (crossbar is private so hard to know there status) although appears we are moving quickest
- How does weebit get a BOD like this? Dadi basically said in a long story short that our tech is pretty special and they obviously see something happening which is why they've been able to get Atig and Yoav. Fun fact: Yoav was actually the adviser to Richard Chang (Sien) back in the day and they are close, so it would appear that Yoav is a key man in terms of relationships especially in china
- First deal/fab transfer - Similar time line although probably pushed back a few months due to C19, so Q1 next calendar year sounds like when most things are estimated to happen - obviously that is a timeline and if a 2nd outbreak of C19 happens that would not help but who knows

Few other questions were asked but tbh its nothing that we haven't discussed on here or is already available in announcements

Overall nothing too exciting although it does appear hopefully to be final raise (touch wood) and Dadi does seem quite confident