ann on monday, page-132

Some great technical analysis guys cheers.
Yes it was me who has emailed management regarding Power Skills.
No I have not yet received a response, which is unusual.
I believe this issue is critical to WGL going forward, and maybe more so than we can imagine.
After thinking about the lack of information from the Company, combined with the delays/disappearance of Power Skills and previous announcements/results/statements from management, I believe we are about to receive some extremely positive news re micro chip.

If you think about the lack of information recently and the fact that WGL will be the first, if not one of the first, globally to utilise such technology, combined with the outstanding published results/forecasts/potential....then it seems highly plausible, as many are saying, that big telcos WILL be sniffing around no question!

Who WOULDN'T want to be first to market with this tech to hold a SIGNIFICANT advantage over ALL of their competition???

From the Power Skills Agreement Announcement 29/02:

- Agreement to Facilitate Entry into Multibillion Microchip Sector and Expand Enterprise Opportunity Across the IOT, Manufacturing and Telco Sectors

- Progressing to hardware implementation extends the capabilities of Wangle from the consumer grade network optimisation to the enterprise sector, opening up significant opportunities, particularly within the equipment manufacturing and IoT market.

- The Wangle technology has the potential to improve the functionality of all devices connected to the Internet, enhancing the likes of 3D printers, TV set top boxes, USBs and gaming consoles.

- By the end of this year, it is expected that over 153.6 million CPEs (customer premise equipment/broadband devices) will be shipped globally (Source: API Research), providing Wangle with a significant opportunity to market its microchip to manufacturers of CPEs.

Jason Gitmans, CEO, Wangle Technologies Limited commented:
“The expansion of the Wangle technology to a hardware device represents a significant next step for the technology and presents many opportunities. A hardware chip provides a significantly higher capacity for web optimisation on a much larger scale, which will facilitate our entry into the enterprise space across numerous industries including manufacturing, telecoms and IoT. These sectors are worth billions of dollars combined and are each in need of new innovative solutions and technology to help alleviate the increasing pressure on networks.”

Stay tuned in the next few days IMO.