4DS 1.19% 8.5¢ 4ds memory limited

Q1 2019 Target, page-340

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    lightbulb Created with Sketch. 31
    rough numbers: $4 million cash available.
    Assume current burn rate of $1m per quarter continues until September and 1mb chip is produced. 
    leaves 4DS with ~$1m left to pay for marketing, admin and board fees. which would last say 6 months? is that enough time to close a deal?

    i think they will try raise at least $2m in the third quarter again.

    This assumes there is no take over or agreement with a NRE payment made before then.

    worst case they keep development going after 1mb chip, to scale down to 28nm or below and try raise $4m plus.

 
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