$10 million cap - higher after acquisition consideration shares
$500k cash
Weebit has multiple advantages over any other emerging memory technology.
The major advantage is due to it being based on silicon, already ubiquitous in the semiconductor industry, meaning it will be far cheaper and simpler to manufacture, with no retooling costs etc.
It's patented nano-porous structure also endows the device with unique capabilities.
The technologies recently acquired by SOR and FRY use exotic, expensive metals, and do not incorporate nano-poring.
Invented by James Tour, one of the leading scientists and chemists of the last several decades.
3. Electronic devices containing conductive silicon oxides as a switching element and methods for production and use http://www.google.com/patents/US8592791
