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Official Community Payment Notice 

WEBAN hereby confirms that, following the successful conclusion of the operational and transactional process related to the gold shipment, the distribution of funds to all eligible community members holding authorized WEBAN Coins will formally commence on March 13, 2026. This payment process will be conducted in a structured, orderly, and fully documented manner.

Payment Process Overview

  1. Official Communication
    Beginning on or before March 7, 2026, WEBAN will send an official email to each verified holder of authorized WEBAN Coins.
    This communication will contain a secure link to the official data update and payment verification form.

  2. Data Confirmation Requirement
    Each holder will be required to complete the form, providing:

    • Updated personal identification details

    • Verified banking information

    • Confirmation of wallet ownership and balance

    This step is mandatory to ensure compliance, accuracy, and proper execution of payments.

  3. Payment Valuation
    All authorized WEBAN Coins will be redeemed at a fixed price of USD 7.00 per WEBAN Coin, based on the verified balance held in each user’s wallet at the time of validation.

  4. Balance Verification and Confirmation
    WEBAN’s internal system will verify each wallet balance against the official registry.
    Upon verification, the holder will receive a confirmation email specifying:

    • The validated balance

    • The total payout amount

    • The scheduled payment date

  5. Disbursement Execution
    Payments will be executed by WEBAN’s authorized PayMaster, who will issue the corresponding bank transfers.

    All approved payments will be processed and released no later than March 15, 2026.


Important Notice

If you are a holder of authorized WEBAN Coins and have not received an official communication from WEBAN by March 10, 2026, please contact us immediately at: hello@weban.tech


Final Statement

All WEBAN Coins will be redeemed and liquidated under this process. WEBAN extends its sincere appreciation to its community of individual and institutional participants for their patience, resilience, and trust throughout this long and complex journey. We are pleased to confirm that this process is now entering its final and successful stage.

To ensure centralized, accurate, and transparent communication, and to avoid redundancy, speculation, or misinformation, WEBAN has implemented this official public operational reporting format, published through its official website.

This timeline provides a structured, factual, and chronological summary of the operational progress related to the 500-kilogram gold cargo, detailing the material events, regulatory interactions, and procedural milestones associated with the transaction. All parties involved remain committed to concluding the operation successfully, while acknowledging the extraordinary duration and complexity that external factors have imposed on the process.

 

Background and Context

The shipment of 500 kilograms of gold has experienced significant and prolonged delays as a result of systemic irregularities, inconsistent requirements, and corrupt practices within governmental entities across multiple jurisdictions, including countries of origin, transit, and destination.

From the outset, WEBAN has maintained a strict zero-tolerance policy toward illicit activity. At no point during this process did WEBAN engage in, facilitate, or consent to any unlawful, unethical, or non-compliant actions, despite repeated pressure from various officials, intermediaries, and facilitators operating within these jurisdictions.

As a direct consequence of this stance, and in order to protect the integrity of the cargo and the interests of all stakeholders, WEBAN formally reported material inconsistencies, procedural abuses, and irregular demands to the relevant local authorities and oversight bodies in each affected country. While these actions were necessary to ensure legal protection and long-term compliance, they also triggered extended administrative reviews, legal disputes, custody reassignments, and storage mandates.

These developments resulted in months—and in some cases years—of delays, during which the gold shipment remained under government-controlled custody or bonded storage. Throughout this entire period, WEBAN has continuously and diligently borne all associated costs, including but not limited to:

  • Government-mandated custody and secure storage fees

  • Re-certification and re-documentation expenses

  • Compliance-related administrative charges

  • On-site operational and legal support costs

All such expenses have been paid month after month, without interruption, to preserve the shipment, maintain regulatory compliance, and safeguard stakeholder interests.

 

Historical Operational Complexity

It is important to note that the current status of the shipment is the result of a cumulative series of evolving regulatory demands, rather than a single event or failure. Since late 2021, the cargo has been subject to:

  • Multiple changes in documentation regimes

  • Repeated re-certification requirements imposed retroactively

  • Unilateral changes in transit and customs protocols

  • Additional certifications related to conflict-mineral prevention frameworks

  • Forced route modifications due to geopolitical and regional restrictions

Each requirement was imposed by authorized governmental or intergovernmental bodies, often after prior approvals had already been granted, obligating WEBAN to comply in full in order to maintain the legality and traceability of the shipment.

 

Commitment to Transparency and Compliance

This public operational timeline is provided in the interest of full transparency, allowing stakeholders to clearly understand:

  • Why the operation extended far beyond initial projections

  • How external governmental actions materially affected timelines

  • The consistent compliance posture adopted by WEBAN

  • The financial and operational burden sustained by WEBAN throughout the process

Despite the exceptional challenges encountered, WEBAN remains fully committed to:

  • Completing the shipment and final sale in a lawful manner

  • Ensuring proper refinement and commercialization of the gold

  • Honoring all financial obligations arising from the transaction

The updates that follow should be read within this broader context, reflecting a complex, multi-jurisdictional operationconducted under strict compliance standards in environments where institutional inefficiencies and corruption significantly disrupted normal timelines.

Investor Records and Payment Continuity Notice

WEBAN maintains a comprehensive and secure registry of all community members with active investments, encompassing both individual and institutional investors.

The company remains fully focused and operationally committed to the successful completion of the shipment and related transaction, with the sole objective of ensuring that all investors, regardless of investment size, receive the return of their invested capital together with the corresponding performance generated by the operation.

Upon completion of the shipment, refinement, and final sale process, WEBAN will contact each investor directly using the email address registered in our official database. This communication will provide the necessary instructions and validation steps required to proceed with the corresponding payments in an orderly, compliant, and transparent manner.

Investors are kindly reminded to ensure that their registered contact information remains accurate and up to date to facilitate timely communication once this phase begins.

WEBAN appreciates the continued patience and confidence of its community and reiterates its commitment to concluding this process responsibly and in full compliance with applicable regulations.

Timeline of Events & Latest Updates

Friday, February 20, 2026

WEBAN’s In-Situ Operations Team provided a further operational update following confirmation received from JP Morgan Chase Bank, Manila.

The bank formally confirmed that the Sales Tax Waiver has been officially registered and recorded within its internal compliance system. This development represents a significant procedural milestone, as it satisfies the banking-level validation required prior to executing the final gold transaction.

Effective Monday, February 23, 2026, WEBAN’s In-Situ Operations Team, together with the Customs Officer in charge of the shipment and the Supplier, will resume formal negotiations with the buyer in order to finalize the transaction and enable the buyer to initiate the USD wire transfer to WEBAN’s designated account at JP Morgan Chase Bank, Manila.

Additionally, beginning Monday, WEBAN’s operational representatives and the Supplier will coordinate directly with the bonded customs warehouse at Manila International Airport to:

 

  • Conduct a formal inspection of the 500-kilogram gold cargo

  • Request the updated custody and storage account statement

  • Obtain official payment instructions required to settle all outstanding bonded storage obligations

 

Upon completion of the two activities described above—namely (i) finalization of the gold sale transaction and (ii) settlement of bonded custody obligations—the remaining procedural step will be the issuance of the official Release Order for the gold cargo.

Following receipt of the Release Order, WEBAN will proceed with the chartering of an Ultra Long Range private aircraftto transport the cargo, accompanied by the Supplier and WEBAN’s operational representative, directly from Manila to Barcelona.

The next official operational update will be issued on Friday, February 27, 2026.

Thank you for your continued attention and confidence.

Tuesday, February 10, 2026

On Tuesday, February 10, 2026, WEBAN’s In-Situ Operations Team confirmed during a scheduled coordination call that the government official responsible for processing the Sales Tax Waiver has formally approved WEBAN’s application.

The approving authority indicated that the official confirmation of this approval will be transmitted directly to the relationship manager of WEBAN’s designated account held with JP Morgan Chase Bank, Manila, which has been identified as the receiving account for the USD proceeds derived from the sale of the gold shipment.

According to the information provided, the approval notice is scheduled to be formally communicated to the bank on or after February 20, 2026. Consequently, the execution of the sale of the gold cargo will proceed in alignment with this timeline.

WEBAN will issue the next official operational update on February 20, 2026, once confirmation of the bank notification and subsequent steps has been received.

Thank you for your attention.

Tuesday, February 3, 2026

On this date, WEBAN’s In-Situ Operations Team received confirmation that the government official currently responsible for managing the file related to the issuance of the Sales Tax Waiver is in the final stage of concluding the review process.

As part of the final verification steps, the authority requested confirmation of the banking references associated with WEBAN’s designated account held with JP Morgan Chase Bank, Manila, which has been identified as the receiving account for the USD proceeds derived from the sale of the entire gold shipment.

Additionally, the authority formally requested that the Supplier, as the registered importer of the gold cargo, appear before the Department of Finance to complete and submit a “Val/Car Declaration Form” issued by the Bureau of Customs, corresponding to the declaration of valuable cargo imports.

These actions indicate that the Sales Tax Waiver process is approaching completion, following a procedure that has proven to be both lengthy and administratively demanding.

WEBAN will issue the next official update on next Tuesday, or earlier should confirmation be received that the Sales Tax Waiver has been formally issued and delivered to the Supplier.

Wednesday, January 28, 2026

During the coordination meeting held on Wednesday, January 28, 2026, WEBAN’s In-Situ Operations Team provided a detailed status update regarding the pending issuance of the Sales Tax Waiver by the Bureau of Internal Revenue in the Philippines.

The authorities reiterated that the waiver approval process is subject to strict internal protocols governing tax exemptions related to high-value gold transactions. Given the sensitive nature of such exemptions, the process cannot be expedited nor influenced by external parties.

WEBAN confirmed that once the Sales Tax Waiver is formally issued, the operational timeline to complete all custody payments, secure transportation, and deliver the gold cargo to the Barcelona refinery is estimated at approximately seven (7) business days.

WEBAN respectfully requested continued patience and understanding from all stakeholders, reaffirming that this final administrative step remains the only outstanding requirement to conclude the operation and initiate the corresponding disbursements.

The next official update will be issued on Tuesday of the following week.

Friday, January 23, 2026

On Friday, January 23, 2026, WEBAN received confirmation from its In-Situ Operations Team following direct communications with the relevant Philippine authorities.

While the Sales Tax Waiver had not yet been released, officials confirmed that no additional documentation is required from the Supplier, who remains the legally registered owner of the gold cargo.

Both WEBAN’s operational personnel and the Customs Officer in charge of the shipment expressed a high degree of confidence that the waiver would be issued within the coming days, as the administrative review had reached its final stage.

A follow-up coordination call was scheduled for January 28, 2026.

Tuesday, January 20, 2026

As of Tuesday, January 20, 2026, WEBAN’s In-Situ Operations Team confirmed that the Sales Tax Waiver remained pending.

During direct engagement with the Bureau of Internal Revenue, officials advised that an updated Export Declaration was required to complete the review file related to the gold shipment.

The Customs Officer in charge of the shipment formally requested the updated Export Declaration from East African Community Customs, which was issued the same day. WEBAN confirmed that the document was prepared for immediate submission to the responsible authority.

A follow-up coordination meeting was scheduled for Friday to monitor progress.

Tuesday, January 13, 2026

On Tuesday, January 13, 2026, WEBAN’s In-Situ Operations Team reported continued in-person follow-up with the Bureau of Internal Revenue – Tax Exemption Division, in coordination with the Customs Officer overseeing the gold shipment.

Although the Sales Tax Waiver had not yet been issued, authorities indicated that approval was expected within the following week.

WEBAN reiterated that the buyer has fully allocated funds and remains prepared to complete the transaction via bank wire transfer immediately upon issuance of the waiver.

In parallel, WEBAN confirmed that custody and storage fees associated with the 500 kilograms of gold bars were scheduled to be fully settled by the end of the following week.

Monday, January 6, 2026

On Monday, January 6, 2026, WEBAN communicated the passing of a key member of its Operations Team, who had been directly involved in managing the logistics and regulatory coordination for the transfer of the 500 kilograms of gold.

Despite this loss, WEBAN confirmed full operational continuity. Government offices in Manila resumed normal activities on January 5 following the holiday period.

At this stage, the Sales Tax Waiver remained the sole outstanding administrative requirement to proceed with final custody payments, release of the gold cargo currently held in Manila, and receipt of funds into WEBAN’s designated account at JP Morgan Chase Bank, Manila.

Once released, WEBAN confirmed that the next operational steps would include settlement of all customs storage obligations and the chartering of an Ultra Long Range private aircraft to transport the cargo directly from Manila to Barcelona, accompanied by the Supplier.

Monday, December 29, 2025

As of Monday, December 29, 2025, WEBAN’s In-Situ Operations Team confirmed that the operation was exclusively awaiting issuance of the Sales Tax Waiver in order to proceed with the final execution of the gold transaction.

The delay was attributed primarily to extended year-end public holidays in the Philippines, during which government agencies were operating under limited capacity.

WEBAN confirmed that the operational plan remained unchanged: final administrative clearance targeted for early January, followed by shipment coordination during the third week of January.

Tuesday, December 23, 2025

On Tuesday, December 23, 2025, WEBAN formally acknowledged the operational strain generated by the prolonged delay.

At that time, WEBAN continued to maintain full custody and oversight of the 500 kilograms of gold bars physically held in Manila, with an estimated market value exceeding USD 70 million.

Operational expenditures in Manila continued to average approximately USD 3,000 per day, reflecting WEBAN’s ongoing commitment to compliance, custody, and security.

Tuesday, December 16, 2025

On Tuesday, December 16, 2025, WEBAN’s In-Situ Operations Team reported positive progress in preparations related to the final commercialization phase of the gold cargo.

In parallel, formal administrative steps were initiated to obtain the Sales Certificate Waiver required to execute the transaction involving the gold held in Manila.

Extended Operational Period – July 2022 to November 2025

Between mid-2022 and late 2025, the gold cargo remained in Manila under an exceptionally delicate and complex operational period characterized by multi-jurisdictional legal, regulatory, and fiscal challenges.

During this period, WEBAN faced:

  • Recurrent re-certification and validation requirements

  • Unjustified or retroactive tax and fee demands by governmental entities

  • Extended bonded custody and storage mandates

  • Prolonged legal and administrative proceedings

Throughout this entire timeframe, WEBAN’s In-Situ Operations Team never abandoned nor left the shipment unattended, ensuring continuous protection of:

  • The WEBAN community

  • Individual investors

  • Institutional investors

  • WEBAN’s own corporate interests

To sustain the operation, WEBAN raised and deployed multi-million-dollar funding to cover legal proceedings, custody and storage costs, penalties, delays, compliance expenses, and logistical adaptations.

In 2025, following resolution of the principal legal and administrative constraints, WEBAN successfully resumed the final operational phase of the shipment, leading to the current stage of completion.

June 30, 2022

On June 30, 2022, following completion of the ICGLR re-certification process in Africa, the gold shipment was formally transferred and routed to Manila, Philippines, where it entered bonded custody and secure storage under the supervision of the relevant authorities.

From that date forward, the gold cargo has remained physically located in Manila, subject to evolving regulatory, legal, and fiscal processes required to authorize its onward transport to the final destination in Spain.

May 23, 2022

Authorities required full ICGLR certification confirming that the gold originated from clean and non-conflict sources. WEBAN proceeded with relocation and certification procedures in accordance with international requirements.

May 11, 2022

Following additional certifications and payments by WEBAN, authorization was granted to move the gold cargo under revised routing and custody protocols.

April 10, 2022

Additional certification requirements were imposed related to the origin of one of the gold shipments.

March 19, 2022

Government authorities required consolidation of multiple WEBAN gold shipments under a revised transport regime, necessitating further documentation and re-certification.

February 17, 2022

WEBAN was instructed to relocate the gold shipment to a certified secure warehouse pending re-certification and payment of additional custodial fees.

January 21, 2022

The shipment remained subject to unexpected documentation requirements imposed by governmental authorities. WEBAN’s team remained on site addressing the requirements.

December 15, 2021

The gold associated with the WEBAN Money Table became subject to unexpected documentation requirements imposed by governmental authorities, initiating the first delay in the shipment.