4DS vs Weebit, page-2

	Column 1	Column 2	Column 3
0		4DS	WBT
1	Product Type (in future)	Storage class memory mainly targeting to cloud based market	IOT - mainly targeting to mobile and other IOTs
2	Intention	after validating it's research, the management intends to sell the business	after validating it's research, the management intends to produce the ReRAM
3	IP/Patents	17 patents already validated by US	~7 patents validated so far
4	Timeline	May 17 -> possibly validate speed and data retention (if that happens, the product will be considered as validated) June/July 17 -> Possibly renew of Joint Development Agreement with subsidiary of WD; if that happens, WD will be most potential acquirer (TMT/Shaw and Partners due diligence report shows {obtain research paper from 4DS website} possible market value of the shares would be around 12c per share immediately after validation of the research) Per morningstar - it is undervalued -> they have valued at 3c per share now	May 17 - Sept 17 -> nothing apparently seems happening Sept 17 onwards -> year end result and possibly some announcement re scaling down to 40 nm Geometries (this was achieved by 4DS on Oct 16) and  cycling endurance (this was achieved by 4DS on Feb 17) 1st qtr 18 -> possibly all four testing to validate the research and if everything is according to plan, licensing may start by 2nd or 3rd qtr 2018. -> no independent verifiable report is available for the valuation; per morning star- it is undervalued at the moment ->they have valued at 4c per share now