I do not think it is too far of a stretch to regard the completion of a credit raise as being a proxy for there having been a successful demo to the prospective investors.
I would have been most interested to see the supposed video of "a chip" playing, but given that it is from July, before we had the proper chips that could play on a stand-alone basis, I think it would merely confirm the existence of such a chip, and presumably a Gen-1 chip that would be destined for the headphone market.
I am sure however that there will be a number of posters on here that will be puzzled speechless that it even exists.
Details are undoubtedly going to start to follow from here. If the CR buy price is $14 (too cheap!!) then the info to be disclosed shortly will soon rectify that I'm sure. I still have the Champagne on ice.
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