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Thanks for the insight. I will stick with my gilded view.Ever...

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brick6

588 Posts.

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14/03/24

11:24

Post #: 72880250
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Originally posted by beaches811: ↑

You are definitely in too deep. Management have not been truthful with shareholders as is evidenced by repeated failures to meet any deadlines EVER, consistently gilding the lilly to the extreme. The stock itself is way overvalued for what it now is. It will be limited to a few applications to start and it is questionable as to whether they will ever achieve volume when they cannot produce even a demo unit.

EM are just a packaging company not a FAB, they cannot even get an english version of their site up, https://www.emems.com.cn/en/.

So it is hard to look at things in a positive light as a shareholder. My guess is that the EM will simply screw them over and end up getting a large chunk of the company. They will never pay a cent as they will simply tell the CCP not to approve the payment that way they have no liability.

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Thanks for the insight. I will stick with my gilded view.

Ever thought perhaps you don't have the full picture?

AKP Price at posting: $6.20 Sentiment: Hold Disclosure: Held
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