Ann: Appendix 4C - quarterly, page-52

I like your enthusiasm and optimism Spozzie, but I also think we shouldn’t get ahead of ourselves.

Even when the chip is absolutely ready to be transferred to a fab for mass production, there remains the issue of fab capacity.

Currently, most fabs are producing flat out for their current contracts. It costs billions to construct a new fab or even to retool a fab to produce an item that differs substantially from whatever has gone before.

Clearly, production of AKP’s speaker is a very different operation from the usual run of chips. It is complex and many critical steps with fine tolerances are involved.

It perhaps should be pondered as to how long it may take to ramp up production and start to generate revenue and eventually profits.

I have been a shareholder in AKP for several years and I do believe they can achieve great success. It will however take some time.

All IMO