Ann: Secondary Trading Exemption, page-10

With the very healthy rise in share price over the last week, I assumed this was a result of the comments around the reason for the $10M capital raising, ie. "The  funds  raised  will  be  utilised  for  the  transition  to  production  of  the  digital  speaker. Any funds raised in excess will be  utilised by the Company as general working  capital.".

To me, this intimated that AKP now have a fully working chip ready to transition to production which would have an effect on the share price.  As others posting to this site are talking about an expectation of a very positive announcement in the not too distant future, does this mean I've read too much into the stated reason for the capital raising.  And if they do have a fully working chip then wouldn't they have made that announcement prior to the one about the capital raising?  I'm confused ... would anyone else like to share their thoughts on this?