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Ann: Appendix 4C - quarterly, page-89

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Bluemanarc

755 Posts.

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12/05/21

11:39

Post #: 53118137
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Originally posted by Johnspot: ↑

.. Notwithstanding the vendors commitment and diligence, it takes a large number of iterations to get the process correct and stable, during which a large number of MEMS dies must be sacrificed. Until such time that the process is reasonably reliable, the MEMS chips used to develop the packaging process are of the prior generation which are acoustically inferior and undesirable for public demonstration of our technologies. The assessment at the time of this report is that we need one to two additional iterations before being able to authorize the packaging of our newer generation of chips, pushing our demonstration milestone to te latter part of this fiscal quarter. ...

I think the reason people have had enough and are selling is in the words you chose not to underline/highlight in your earlier post. 'Large number' to maybe 1 or 2 iterations, 'at the time of this report'. Yeah right. Trust levels have been worn to the bone and this contradictory language is part of the issue imo. I will be attending the agm in the hole of getting some honest answers

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Not sure if they contradict.

The "one to two additional iterations" is a comment specific to the "new generation of chips"

AKP Price at posting: $21.25 Sentiment: Buy Disclosure: Held
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0 Great analysis

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