AKP 0.00% $6.20 audio pixels holdings limited

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-164

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    From their website, the content on that page is actually a pretty good read:

    "8. Finance and Capital

    The company requires additional capital to execute and support its plans. The company’s ability to secure capital in a timely manner depends among other factors on its development status, investor interest, as well as the financial state of capital markets. The Directors have determined that the best result for a capital raise at this stage of the company, is obtainable after the company has the ability to properly demonstrate its technologies to potential investors. In the interim the Company has been funding its operations utilizing unsecured loans from related parties. The directors continue to monitor in real time the status of achieving the demonstration milestone and may choose to take further unsecured loans if the capital raise might be additionally delayed."

    https://audiopixels.com.au/index.cfm/corporate/material-business-risks/
 
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