Ann: Appendix 4E & Annual Report, page-183

4DS is targeting SCM: high density/high volume memory: of interest to the largest users and makers of memory in the world (evidenced by collaboration agreement with WD - who have contributed significant dollars/resources since 2014). Once 4DS demonstrates 1MB chip, produced using same high density/high volume equipment with industry compatible process, then game on.

WBT is targeting Embedded: low density/low volume memory: plenty of existing competitors, only limited potential interest by niche players. As WBT's CEO said, "Each customer has their own specific requirements as to how the module fits...... Thiscustomisation requires intensive design work that can take six to nine months". Their prospective customer (on who they have pinned the entire company's fortunes) appears to be a second tier manufacturer of auto sensors in Korea - who is not contributing a dime to this intensive design work that WBT is doing completely on spec. Good luck with that. If they are fortunate to generate a customer order in a year from now, a big chunk of any income would need to be paid away - because (unlike 4DS) WBT does not own its IP.

As JD said, 4DS is robbing banks, not convenience stores

That's why I'm in 4DS and not in WBT.