Yesterday's mandatory settlement conference between $WNFT and Calasse has not yet concluded, but we expect to make an announcement at some point today. Shareholders should not draw any conclusions.

The mandatory settlement conference did not yield an agreement with Calasse, however we anticipate that $WNFT will proceed with a business plan over the next several weeks which will include an acquisition(s). This statement should not be construed as a guarantee for success.

The reason that $WNFT provided 90 days to respond to the complaint against Calasse is that personal service in South Africa would have been a Herculean task and would almost certainly taken more than 90 days to complete. A Waiver of Service was the better option.

1/7 $WNFT Update: On Friday, the Nevada Supreme Court instructed the parties to offer additional argument supporting their position on whether Warwick Calasse has jurisdiction to bring an appeal.

2/7 In an effort to consolidate the process, the court also provided Calasse the opportunity to file (within 60 days) his opening brief in that appeal and for $WNFT to then file its opposition, but the court will rule on the jurisdiction issue before considering the appeal.

3/7 It is $WNFT's position that Calasse does not have jurisdiction, but that even if the court rules that it will consider his appeal, it will not be granted because 1) Calasse did not pay the company for his stock nor did he provide value;

4/7 2) Calasse's previous counsel did not provide supporting evidence that Calasse was entitled to anything, within the period allowed; 3) Calasse participated in a fraud committed by the then company's controlling shareholders; and,

5/7 4) You cannot unring a bell, i.e. the shares have already been cancelled and you cannot uncancel shares. It is $WNFT's position that it will not reward Calasse for his fraudulent stewardship of the company during his short reign as a puppet President.

6/7 This was also the position of the foreseen target acquisition, who is now no longer considering being an OTC traded entity under the current market conditions. Once the Calasse issue has been put to bed, the $WNFT will resume considering target acquisitions.

7/7 Counsel has advised that $WNFT provide no further information or make further comment during the pendency of this appeal.

According to $WNFT's counsel, the Nevada Supreme Court is backed up, further hampered by the fact that two judges have retired and 10 new judges have been appointed to the bench. Case reassignments are rampant.

$WNFT has filed a Form 15 with the SEC in order to halt reporting obligations. The company will now file its disclosures with OTC Markets until such time as the company is ready to be an SEC reporter again. This ends the need to audit the company's books at a cost of $40K/year.

Today $WNFT was moved to the Expert Market tier while the company awaits the processing of its application to report to OTC Markets. This is not expected to take long, but is dependent on OTCM's backlog.

$WNFT has been granted access to OTCIQ and has now uploaded the financial statement for 2024 Q1. We expect to be current soon.

As promised, $WNFT is back to being Pink Current. Although there are no guarantees, we expect that the Calasse situation will be resolved by the NV Supreme Court within the next 60 days, & assuming the ruling is in our favor, followed by a name change & acquisition shortly after

$WNFT is unaware of the reasons behind OTCM's downgrade of the company to Pink Limited, but will inquire tomorrow.

As most of you are aware, $WNFT was downgraded to Pink Limited because of the lack of filing of an Attorney Letter concurrent with the Annual Report. The company regrets the error and expects to be labelled Pink Current within the next few days.

With respect to the appeal in the Calasse case, while we anticipated an imminent ruling a few months ago, it is apparent that the severely backlogged Nevada Supreme Court is still slow. This is as irritating to $WNFT as it is to its shareholders, but is out of our control.

Breaking News: Calasse appeal dismissed in $WNFT ruling!

$WNFT is not concerned about Calasse seeking a hearing with the Nevada Supreme Court because he is not entitled to one, per the rules highlighted below.