RE:Conference call.@pacer All good points.
I think it was a solid call that addressed a lot of questiins I had.
A couple of additional points covered:
1) Why Rob said that "the company will look completely different at end of 2023 and did not happen - there were 2 major deals that Fobi was working on that went dead due to the audit and not filing the reports. They will start again on these deals.
2) Bevworks - fair value at 5.2 million but decided to play it safe and not allocate any value to it at this moment.
3) 100+ million wallets issued.
David S. is the industry leader in wallet technology
4) fobi going away - no hapenning:
- major reduction on expenses
- expenses growing in areas where we should expect a return (R&D, consulting using offshore devlopment, etc)
- no debt
- great momentum with solid business pipeline,
- deals with major companies. Businesses coming to Fobi
and more
5) Toshiba deal provides a lot of support to 8112 (positive impact on Fobi)
toshiba a leader in POS and retail with over 50%(??) maeket share.