Ann: Validation of the SPL of the Gen-II MEMS transducer, page-211

Do we not think EM have been plowing money into development on the China side?

I'm not across the customer FAB relationship in terms of cost but I'm picking they don't work for free. If AKP are dropping 500k / month how much are EM funding on that side?

I also think they all thought this was going to happen faster so the cash burn will have been alot more than planned.

I think EM's money will appear with the Sophs & staff when they are in the money which would likely coincide with the demos and independent verified specs.

Question is will they announce funding, demo + a first customer ar the same time?

i think the SP bounce will be somewhat capped at the raise $ +/- some retail exuberance.

Time will tell but lets hope the information keeps rolling.