AKP 0.00% $6.20 audio pixels holdings limited

Ann: Validation of the SPL of the Gen-II MEMS transducer, page-212

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  1. 828 Posts.
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    "AKP dropping $500k / month on manufacturing development " LOL you must be tripping. Where did you pull this figure from ?

    AKP has spent sweet fa on manufacturing development.

    Here's a summary of the last 4 cashflow reports -

    Total cash spent $5.6mil

    Spent in Aust $2.1mil - $700k admin/corp; $600k interest; $456 directors fees; $360 wages

    Spent in Israel $3.5mil - $2.3mil wages; $1.2mil admin/corp & paying down trade creditors. (Will be interesting to see the payables balance as at 30 June).

    It's costs $500k per month just to keep the company afloat.

 
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