Hi FMF, Wil, Q
The fact that hey are demonstrating to potential suitors in Mobile Ph industry and defence would suggest that they are confident that they have most bases covered and these demos may be to finalise individual company requirements,
I like the part feedback ," quote" from these groups will inform WBT’s commercialisation strategy and is expected to lead to licencing agreements and / or development partnerships in key target markets, including financial services, defence, health and security access.
Remember Stephen Mason making a comment about technology having to catch up re the 9000 id points, to me I cant see them demonstrating the product if the were not extremely confidant that most issues have been ironed out, also remember SM saying 100,000 captures and 3 mil test not one error, and failed to find Achilles heal. I know its old stuff weve talked about.
If they were to go in with a unit that cannot outperform and is superior to all others they would loose a lot of credibility, with additional statements being superior to all others gives us SH a level of comfort.
Re Wiseowl there forecast has it usual arse protection paragraph , bit like the weather forecast ," fine with chance of rain" even the .9c is lowball IMO but thats typical of these types of reports, bet each way no liability. Again if there have arranged demos all would seem fine, we have the hard part of waiting, If its as good as we believe it is the leading mobile groups will be all over NXR to do a deal, then comes defence , health and everything else we have discussed over the last few months.
from Q & A
WBT is arranging demonstration of its multi-biometric system in North America and Asia in late April and May 2015 to leading mobile device manufacturers and defence industry groups. Feedback from these groups will inform WBT’s commercialisation strategy and is expected to lead to licencing agreements and / or development partnerships in key target markets, including financial services, defence, health and security access.
Wise-Owl Research, page-9
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