Ann: Weebit Nano resumes trading & 'Meet the CEO' details, page-59

There were some really nice easter eggs Coby eluded to.

First re e Memory valuation to sales multiple of 30> which is directly comparable to WBT IP business model. Coby said multiples are high but was at pains to point out their "simple memory". WBT memory will be considered far from simple but this does give a minimum baseline for valuation purposes.

Second the Product Development Kit, which the Tier1 fabs rarely hand out at this stage of a business relationship. WBT, it can be deducted then, is not only in demand re urgency but highly trusted by a top 10 fab and possibly multiple fabs. This is a very big deal not only for holders but to the wider Semiconductor Industry.

Thirdly the discrete without selector customers are coming to them with a powerful enough request/use case that the BOD has shifted this portion of discrete, which he valued at $3Billion, to a short term time frame. This is new information. He also said that this will not be IP. WBT will be packaging these themselves. This is new information. This is BIG IMO. Just as the BOD went after the "low hanging fruit " with embedded for near term revenue they now see this discrete without selector as the same easy target in discrete. But to confirm a new business model for easy discrete actually begs the question about their intentions with discrete with selector. Maybe we are seeing the real intentions as to were the BOD want to take WBT. Got to listen again. Happy for others to share their thoughts. If the case though this puts a new narrative on revenue and valuation. We would see higher multiples on both.