I'm starting to get very excited about WBT, it's all coming...

I'm starting to get very excited about WBT, it's all coming together. I've been watching them since they listed (bought a small parcel when they listed so they didn't ever fall off the radar) and bought a large number of shares in the first half of 2020, along with a bunch of options which I have finished exercising now. Needless to say I have now fully loaded my WBT truck. The riskiest period of commercialising is now behind us IMO, with only a small amount of risk remaining as we sign our first end user.

Just to put some numbers to all the excitement. Assuming WBT achieves mass adoption (which I believe is now a very realistic possibility and no longer a risky pipe dream), if/when we do deals they will be with everyone from small sensor suppliers that nobody has ever heard of to the likes of Apple. If we got just US$1 in royalties from every iPhone sold, that would be about US$200m revenue every year in our pocket FROM A SINGLE DEVICE. Then look at all the other devices around (other smartphones, fitness trackers, computers, the billions of sensors out there, microwaves.... the list goes on). The potential is actually mind-boggling when you think of it like that.
Like everyone else I'm just speculating on how the pricing would work, but we do know that the memory market is hundreds of billions in sales every year. I remember in a presentation that royalties are generally 1-2%, so we're still talking billions in revenue with very little operating expenses.

I look forward to enjoying an early retirement thanks to the wonderful team at WBT.