AKP 0.00% $6.20 audio pixels holdings limited

Ann: Appendix 4C - quarterly, page-52

  1. 2,537 Posts.
    lightbulb Created with Sketch. 2550
    Yes, a real social experiment! Non holders with no declared position always seem to creep out of the woodwork to gloat hoping to pick up a few crumbs cheap.

    Some people are happy to add up all the evidence they can find and find it convincing, and then when things take longer than expected they take the reasons given to them on close scrutiny and exercise a bit of faith based on the credibility of the people involved as if they were decent blokes.

    Others, if they don't get exactly what they want and when they want it, presume it is because everyone else is fundamentally crooked and is trying to swindle them.

    Chances are there are way, way more decent sincere people out there than there are scumbags. And that is especially so amongst people actually committing their efforts to make something tangible.

    Lets look at your comments to see which way they lean:

    "... What will it seriously take for some of you to question your own beliefs around this stock?..."
    I would be very surprised if anyone investing in AKP does not have weekly worries about what they expect. But each time they review the announcements made and the rationale behind them. If nothing else there is a consistent and coherent story emerging about AP: They got very close to having a finished product but COVID got in the way. Anybody who knows anything about the tech development program will understand the reasonableness of the problems encountered and the clear inevitability of AP's immediate situation.

    "... How much proof do some of you need to confirm that this is not going to make it?..."
    Show me some of that proof that AP is not going to have a chip just as soon as they can get it packaged. Proof that is evidence based please. Not suspicion or conjecture or conspiracy thinking. Post details to back up your assertions. Show us some proof you know enough to even make that kind of assertion.

    "... The stench at this company is getting stronger by the day. The management will keep finding an excuse quarter after quarter whilst blowing millions of dollars each quarter and on what? ..."
    Your nose is at fault I suspect. Are there no reasonable conditions you can see that would cause the delays and the spending of millions of dollars on necessary R&D to perfect a revolutionary technology? You clearly have no idea what has been going on with the developments that got us to this point.

    "... The main issue at this end of the market is that you have zero institutional ownership to keep management accountable and honest. This is going a lot lower. ..."

    You think that only instos on the board are going to prevent the majority shareholders throwing their own money down a hole? Is having a MAJOR amount of your own skin in the game not a serious incentive to get it finished right?

    If you don't like the company don't buy its shares. Simple as.



 
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