Ann: Quarterly Activities and Cashflow Report-NXR.AX, page-9

As I suspected the technology is in a much earlier stage than the company alluded to in all those announcements last year. So much refining going on to start testing all over again tells it all.

Obviously at 16 cents this was grossly overvalued and all the insiders sold out. There were big sell orders back then.

Doesn't mean WBT doesn't have a future but this is still early stage.

Commercialization in 6-9 months was never going to happen and was a lie. The tech is too incomplete. Lots of retailers got sucked in by these bullish remarks

Could be a bright future but maybe they need a big partner. Other early stage biometric companies that had potential have raised many millions to commercialise their tech. WBT has been running on a shoestring and needs plenty of cash, imo