I am not a shorter as others confidently claim.I was a prior...

I am not a shorter as others confidently claim.

I was a prior holder.

It is hard to value as there is no recurring revenue. We can refer to current projections of ReRAM market size and likelihoods of Weebit signing up all the IDMs and Fabs to gain said exposure over a long period of time.

I think given the current potential with the low overhead business model they could reap a couple million a year within a few years. This would certainly increase and eventually cover Coby's salary before it covers the continued R&D, integration costs, etc. This is currently pricing in quite significant revenue and uptick.

It is obvious the gaps in knowledge myself and others have had over this timeframe. Many of those who claim to understand the market or valuations should have conceded and sold at the point it peaked around $8-$9. But these are essentially bubble gains. At this point I'd value it around $1-$1.5. Coffee shop revenues are still present but potential low overhead millions are an increasing likelihood. Note it is easier to find overvalued companies than undervalued ones. And the overvaluation can continue for prolonged periods of time. Just that the risk of an overvalued company giving a continued higher return is higher. Since you are then gambling on the market and its confidence. We can see many companies that have been propped up over covid with insane valuations. And we have seen some of these companies already implode. There is more pain to come as the current economic stressors stand on the neck of the stock market and inevitably the overvalued stocks will be hit hardest. It's not a matter of if but when.

If all these over confident holders were so confident, then their daily mood wouldn't be influenced by the current share price. Of course, one should always keep critical of their investments and have an open mind to being wrong. But being confident you're onto the next big thing is truly a hard thing to get right. Some holders joined in early and are already luckier than they could imagine.

If this company can prove to sign up end user customers, get those niche ones we've all heard about from Coby. Then get some more significant deals, primarily with a large scale producer of some kind. Which seemingly would appear to be automotive as is the company's positioning (NOT Tesla as many hope, they don't produce enough). That would be the turning point. It would prove ReRAM as a capable component in mass production in a popular end user product that demands durability. The last onsemi Treo platform could be an avenue for this, but note the revenues won't be huge. This is where a few million $ could come from. We can only see the current size of that platform and onsemis predictions of growth (they aren't going to trash their own projections, obviously). Pitt Street seem to think Onsemi was a bigger deal which Weebit are obviously close to as a broker so I don't know if we'll be anticipating big stuff from DB hitek just yet.

Another big move would be if Intel was signed up. They have a number of fabs capable of these geometries from memory and also have production in Israel. With the Dadi connection you'd hope this would be one in the chamber.