Ok so that's why he went into the recap of all the things that...

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Bren19

144 Posts.

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08/05/24

20:37

Post #: 73733978
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Originally posted by nooks: ↑

Hi All,
I didn't think this would raise such a stir. Given it did, I thought I'd better wait for Coby to get to work today before replying further. I had no agenda other thanto share what Coby asked me to. Feel free to fact check that. I am well awarethat it would be a serious issue to claim otherwise. For those that have beenfollowing this forum for a long time, you'll know I've been in this company since the RAD days.I've only ever been long and yes, I started the thread on shorting (and still remain whatsome used to refer to as a spartan). I first met Coby face to face at thebeginning of 2020 and he's always demonstrated absolute integrity, even whenI've disagreed with him (Eg. I was against the capital raising in June 2020which enabled me to get so many 45c options which in hindsight were a gift).
My questions related to avideo with MarketOpen Australia that I saw on LinkedIn. When I emailedCoby, I had no intention of putting our private (but non-inside information)correspondence on a public forum, but he knows I'm a part of this communityfrom past discussions and since he asked me to share it and it seemed he’sgetting a lot of the same questions, I thought I’d do him the favour. I notethat I just copied and pasted an unedited extract from his email that wasrelevant to the comment about sharing. For some reason, some spaces wentmissing (there were spaces between words in his original email). The extractwas otherwise word for word.
For the record, thequestions that his answers related to were:
Why do you think therehas not been an agreement already (outside the issue with IP for Skywater whichyou’ve previously advised the market of)?
Is there anything aboutWeebit ReRam which is putting people off?

I've often questioned whyI continue to hold after seeing this fall from $9. Simple answer remains isthat Coby and the Board are not in this game for peanuts. Their reputations areworth more than their considerable shareholdings (at least 3 of them are in thetop 30 shareholders). I'm willing to go along for the ride.

FWIW, Coby's comment on that last sentence "The end of your previous email is the key point: People like Dadi, Yoav and Atiq don’t put their reputation at risk if they don’t really believe in the company. We all truly believe in the future of Weebit."

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Ok so that's why he went into the recap of all the things that went wrong and are not going well....

I don't know really what to say knowing the question does help a lot but why Coby would want you to share a run down of all the reasons why WBT has failed to get agreements and why other companies are put off is beyond me, because to be perfectly honest his response was pretty terrible and without the context of the question you asked its not a good look at all.

This is basic stuff when you post a list of things that have gone wrong / are going wrong, you post along side it how you have remedied those problems or why they are no longer an issue, or at the least what actions have been taken to make things smoother.
WBT Price at posting: $2.93 Sentiment: Hold Disclosure: Held
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