Ann: Update - Consolidation/Split - WBT, page-31

I strongly believe our board of directors are a smart and intelligent bunch of people. Weebit will succeed imo.

Weebit's consolidation has possibly opened so much doors and opportunities now for some serious investors.

As Coby Hanoch said, They wanted to reduce the number of shares out there on offer and increase the share price.

Go weebit. This is a smart move and it's all psychological as well.

If I said to you. I am going to give you $100,000 worth of shares and good luck with your investment, however you had to choose to either accept;

Stock ABC that was worth 5 cents each OR

Stock XYZ that was worth 70 cents each.

Even though they are worth exactly the same in value. I believe most people would choose stock XYZ as it would seem more solid and robust.

This is the same scenario with weebit. 

Our money invested is exactly the same and hopefully will be worth so much more $$$