To follow on from my prior comment. Below is Millers email to Realtek on the 1st Aug 2024. By his own words he admits that the commercial agreement is not executed and that the chip was not completed until May 2024.
In light of this admission, his statements during the Investor Briefings in April 2023, Sept 2023, Nov 2023, Automic Conference Dec 2023 and Feb 2024 as well as associated ASX announcements bring into serious question Miller's honesty and properly informing the market as to what was really going on at NUH. He continually made statements about being able to enter into OEM deals and during the Sept/Nov/Dec briefings about launching the Gen4 at the 2024 CES. He never once qualified these statements as being contingent upon a supply agreement and the chip being completed in time.
The Automic Investor Briefing is a essentially an execise is spinning outrageous BS, he never could do any of what he claimed. Without a completed chip and a signed supply agreement a launch was impossible. Moreover if you watch the Automic Briefing at the 19min 35 sec stage while holding the alleged Gen 4 product Miller makes the extraordinary statement that .."..they are coming off (production line)...as we speak.." as he is talking about launchng at the CES.
How are they coming off the production line if the chip is not complete and there is no supply agreement???
Is it any surprise Realtek pulled the plug on this shyster and Miller resorted to trying to sell the company only 2 months after the Feb 2024 briefing after telling investors what a great future NUH has. All lies. Reality had finally caught up with him.
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