Intellectual Property/Patents, page-18

Have also thought about this a lot, Baghandler.

At the moment the public face of WBT is clearly focused on China/Korea.

Yet Dadi and Coby have stated several times that any deals with China/Korea will not be exclusive, that WBT are free to sell their technology all over the world, and that there are many other prospective customers they are currently talking to, and have been for some time. I think it was in the most recent interview that Dadi or Coby, can't remember, made an aside along the lines of these discussions not being public, the inference being at least not yet.

I remember, my ears pricked up like, wow that's an interesting thing to say, almost as if it were only a matter of time until something that is currently under wraps is disclosed.

Given the Board's deep ties to Silicon Valley it is inconceivable, to me at least, that they are not talking with interested parties in the US. With all the rhetoric about technology wars, competitive advantage, IP theft etc., it's hard to imagine Silicon Valley letting WBT technology go through to the keeper. That's without taking into consideration the LETI partnership.

From a bargaining perspective, WBT is in an incredibly strong position.

Seems to me the market is exclusively focused on China, incorrectly so, IMO. The bigger picture is much bigger. If WBT drop something publicly about a US customer, this will go bonkers.