Why? Symbols...(apologies) ..the Korean expansion is the key (at the moment) in my opinion....not the other strings to the bow mentioned in the previous post...( as good as those additional avenues are they are not yet the main game in a commercialisation market sense, so the fact that weebit and more so LETI are about to demonstrate nueromorphic capacity is signalling to industry we are at the front here...we are focused on and delivering to the objectives.....we have this revolutionary product....catch us if you can /in fact I would expect that they exceed these objectives but that remains to be seen)
Will there be significant SP appreciation aligned to this demonstration re ...these other strings.....not in my opinion. It is the case with other spiking neural network co's and AI development that significant SP appreciation does not follow announcements or developments because they do not meet a market demand or expectation as yet....because they are new unproven technological advances. Indeed, some companies already trialing working models have experienced significant set backs in their implementation and operational capacity with fatalities occurring....so, I hope you see my view here....and it is only at this stage.
Attracting exponential revenue increases = a fully functional chip that meets all operational design parameters required by...and incorporated into the circuitry of a large tier 2 tech company product = ready to challenge for top position in the market place.
This process is occurring now ...the tier 2 company has requested design specification in reram and weebit work toward meeting their requested design parameters....collaboration is the key word here...chip is tested, exceeds requirements, multi year multi revenue supply deal is struck and tier 2 company goes next level tier 1 and ....well ....you know the rest.
Again, this is just one scenario playing out NOW! I think we all know Kitec design is the appointed market representative and IN MY OPINION has acting as intermediary between this tier 2 company and weebit to develop required design spec and capacity.
Hence the latest appointment to the board (though i suspect that was going to happen anyway)....hence the 2 recent additional patent applications and approvals (they may still be pending approval but rights are issued i think..) ....these 2 patent approvals were the result of design parameter requests from this tier 2 organisation / collaboration.....weebit own the changes, not the tier 2 company! = dollars......we will see many more such developments in the next 12 to 18 months....and weebit will become the preeminent player....as i mentioned in the previous post....sweep away all the pretenders.
Do we know who this tier 2 company might be...yes we do....some research indicates they have been knocking on the door for some years, just as others who now dominate were only knocking on the door 4 to 5 years ago. ( my opinion only)
There was a lot of poo pooing here about why have they not seconded themselves to a tier one company and when might a tier 1 company come a calling?? Tier one companies do not come calling - they do not collaborate, they control, acquire and crush ! ...that is the very nature of a tier one company...we all know this.....this is not weebits strategy, never has been....research the BOD....they are exceptional in this field.
flight, there is so much more to elaborate on but your expectation on exponentially increasing revenue flow , in my opinion, is correct and based on the points extrapolated above..
Make no mistake, there will be other deals and developments along the way that will drive the SP / company MC and continual growth....that is who this BOD is....this is what they do.....
Dont be fooled by pips and pops on the SP here....consolidation was completed to align with the corporate view (as I see it above)....it makes perfect sense in that light....they have stake holders who have aligned with this view and assisted in reaching the development milestones to date....it must be correct because look where we are now....you can feel it! The SP will rise on potential market announcement and sell on the news....normal stuff really....if it retraces....increase your position. thats what i do with what little hard earned i have.
Please understand this is all JUST MY OPINION - i make no other claim except the intention to research until my eyes sting and my noggin stops processing....something weebit will address in the future im sure.
WBT Price at posting:
51.0¢ Sentiment: Buy Disclosure: Held
(20min delay)