Someone is buying, page-69

Hi Jace,

All good points, but...

You say the company does not have a product or revenues, but that statement is not entirely correct. If you mean, as some have cynically suggested over the years, that the company is a scam and there is no substance to it, then that is clearly incorrect. The most you can say from the available information (which is provided for the scrutiny of the ASX and all investors), is that we do not have a SALEABLE product YET. That clearly explains why the company is not YET generating revenue.

We do have a complete MEMS device that works as designed and as expected. This is confirmed by the fact that it has a publicly identified fabricator (TowerJAZZ) and has passed functionality tests with excellent results. This is a fact. This is corroborated by the fact that it has been made available to Bar Ilan Uni.

We have every reason to believe that we do have a completed ASIC, again confirmed by the fact that it has a publicly identified fabricator (ICSense) that features it on its website. This is also a fact.

To deny these facts one would have to subscribe to some kind of conspiracy theory that makes little sense.

We do not yet have these interconnected into a final market-ready package, but we do know that this is technically not only feasible but relatively straightforward to those in that industry. Its a serious task, but one that is routinely achieved in practice. Its not some kind of remote possibility. Its just a matter of getting it through the hoops in a commercial manufacturing time frame.

We also have a statement that this is expected to be completed within the next couple of weeks, So, barring delays, and these are of course possible, we do know that within a matter of a few short weeks we will have a product.

This is a source for optimism and confidence despite the fact that most of us who have held for several years are so used to progress always taking longer than we would have wished that we can easily become cynical and anxious! The day has been a long time coming, but it is almost here.

So, bots be damned, I intend to hang on to my holding to the end! And the end is nigh!