4DS

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7.7¢ 4ds memory limited

AGM Questions, page-73

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hashtagyolo

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30/11/20

15:02

Post #: 49240282
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Originally posted by Pepper05: ↑

Hello All,
I have got some time before school pick ups so I will give you my interpretation of events.

Firstly Dave doesn't care for our wit and humour or anyone on this forum and takes great offence to people commenting on his private life, ie getting divorced, WHY should he care, I have no bloody idea. But he was in a foul mood and made proceedings uncomfortable. Howard was chipper and informative as per usual. Thanks Howard.
Retention; This won't be released as we expected, it is all to sensitive. They are guarding all metrics for the better of the company.
Wilbert; 4DS are stoked to have Wilbert on board as of next week fully committed to the team. He does bring a lot that Jim and Guido can't apparently in contact and knowledge with his some 30years experience, great appointment they say.
Apparently we ARE at a stage of engineering that is good enough for the sale of this, but the BOD are wanting to take it to where they know they can get it for a better sale. The data coming back is improving month to month and they showed confidence in IMEC's cooking results. DRAM has been bettered, no more was really said.
Sale of 4DS; This was asked in relation to WD and their main interest. David moaned that they are not the main suiters at all and yes we can look at China or in fact anywhere in the world, with many companies from around the world already having unsolicited contact, MANY, Howard stated, you wouldn't believe how many in fact.
Funding; Once again we have been reassured that we are right till 2021.....End Game !! Mention of 1st quarter 2021 for final results(i believe)from current wafers.

So lots of spoken words replacing written. But i did like the way Mr Howard Digby's eyes lite up every time the mention of how advanced this product is. He gleefully mentioned that this is taking memory to a whole new plain. That we are a stand alone product and that WBT have a great product but not what and where we are going. Digby worked on the first IBM platforms after leaving UWA comp sci faculty in WA and that is still basically the same infrastructure we now use, and this is re-writing it for the first time since 1984. A few have tried and have managed certain capabilities but this is totally different and broad in applications beyond you biggest expectations !!4DS is the most advanced SCM system in its current form on EARTH.
Virtually all computers will be using this sort of memory in the near future.........our memory !

Digby said, "All the ducks are lining up and now IT"S ALL ABOUT THE DATA.I hope to add more if I can remember when prompted.

It was a shorter meeting this year, uncomfortable in feeling but awesome on hearing Mr Digby's belief.

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Did they say anything about seeing a situation where Western Digital decides not to enter into acquisition talks?

4DS Price at posting: 12.0¢ Sentiment: None Disclosure: Held
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AGM Questions, page-73

GreenX picks up prospective copper project in Germany

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

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Westgold sets its sights on top five producer status through merger with Karora

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AGM Questions, page-73

Top Stories

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Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

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Collaboration in a green (steel) future the focus for Magnum and Saudi partners

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