Ann: Agreement with Towerjazz for Volume Production of MEMS Chip-AKP.AX, page-50

Good questions!

AudioPixels, like other companies, announces developments that are of interest to the markets when these tell us something new. Entering into agreements with manufacturing and marketing / promotional partners being a case in point. What we are not told is why such agreements are superseded by other agreements, only that they have been. Teledyne being a case in point. Similarly we have never been told what the current relationship is with Sony, Yamaha, etc, nor any explanation as to why the relationships with marketing / PR companies and financial sponsors etc have been superseded. I guess this is moot after the fact, but it would be interesting to know why these things did not work out as anticipated. Its undoubtedly a competitive marketplace out there. And one has to conclude that management is making decisions that are undoubtedly in our interests as shareholders.