By it's own admission, AKP's IP is outdated. They gave it a...

By it's own admission, AKP's IP is outdated. They gave it a value of zero in their balance sheet.

There are literally hundreds of companies around the world registering patents on MEMs audio technology. IP that is more advanced than AKP's. This includes EM. Do you think Fred can block anyone else developing their own similar tech ?

Company statement -
Nonetheless financial and human constraints limit our ability to:
a Legally protect every aspect of the technology
b Limit the jurisdictions in which we are able file and maintain patent protection

The company also put in place routine procedures to investigate and react if needed to possible infringement or unauthorized replication of its technologies.
Given ourlimited ability to control or monitor third parties Management maintains reasonable caution when divulging certain critical aspects and knowhow of our technology.

In other words "limited ability to protect or control".

They don't seem to have reacted to EM's developments, or anyone elses. They might have a confidentiality clause in their agreement with EM, but I doubt they have a non-competition claus

And what supply chains ? If AKP engaged any suppliers right now they would be trading while insolvent.