This explains everything on the announcement on the 8th.
Dr Nissan-Cohen will be increasing his executive time commitment with Weebit, effective immediately, providing additional services as the Company progresses its ReRAM technology to the next stage of productisation. Dr Nissan-Cohen will be applying additional time in assisting Weebit to prepare for its technology transfer to a production fab, and in discussions with potential partners. Dr Nissan-Cohen’s consulting fees, paid through Nicohy Ltd., which is a company wholly owned by Dr NissanCohen, will increase from NIS20,000 to NIS40,000 per month, in line with the increase in his time commitment.
This explains everything on the announcement on the 8th.Dr...
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