Ann: Response to ASX Query Letter, page-58

@hanshenlo99 Do XMEMS publish any verified data on their specs. (I haven't looked) The video was "nice" but told me nothing. This is not a criticism of your posts. I agree you can disagree with alternate opinions but it not necessary to denigrate Fred in your posts. He is one company leader who has continually delved into his own pocket to keep share dilution to a minimum whilst keeping the "dream" alive, at least for the moment. I am the first to agree company updates and web site development is suboptimal and he runs the company like his own personal fiefdom but that has been the case since day dot. Do I like it, no will it change, no.
May I ask as others have, if you have the sentiment you do towards AKP why on earth do you hold the stock?
From my recollection the hook up with EM several years ago was a pragmatic business decision. It may not have been first choice in fact it may have been the only choice to attempt progression towards commercialisation of the chip. Tower wasn't accomodating with providing capacity not sure TSMC was ever in the frame and with the complete global shortage during the COVID pandemic of available chip manufacturing capacity which is only beginning to free up now AKP would be years behind in whatever progress has been made.
I agree the length of time AKP is taking to bring a product to market can very well allow alternate or competing technologies to pull ahead and make Audiopixels redundant but I suppose that's the chance we all take. Competition in the tech space is not going away.
It has been stated many times by AKP Mgt there is to date no comparable tech to Audiopixels DSR technology especially the apparent ability to zone sounds to different areas of a room or indeed different audiences, coupled with the almost flat frequency response across the whole spectrum it to me is still potentially groundbreaking tech if they can ever get it to work which is of course the 64 million dollar question. Is there competing technology with these attributes? I don't know
I also place a lot of faith in Yuval. He has spent a large percentage of his professional working life beavering away in his man cave more than likely shunning numerous offers from tech companies eager to employ his talents. If he is unable to see the light at the end of a very long tunnel I think he would have pulled the pin ages ago and ridden off into the sunset
Unfortunately in the short term weeks/months there is unlikely to be any good news to put a rocket under the share price so two choices exist, hang on or bail.