AKP (ASX) Ann: Suspension from Official Quotation

Originally posted by BobF: ↑

I think it is no where near as binary now as it has been painted.
If AKP had never produced any devices that worked, and especially worked using DSR, then yes, it would still be just a wild promise of a technical breakthrough that provided huge success out there in some possible future that is being continually deferred. In that case it would be based on a premise (and a promise) that says something like "AKP is going to make a ground breaking, sound making product that will start a new era in audio!"
That could then be evaluated as either being true or false. An entirely binary outcome. 'There will be such a product', vs 'There will never be such a product.'
But that is not the case, because the 'false' option has already been crossed off the list of options.
The GEN-I device (along with several of the earlier prototypes) have all worked well enough to say that such a promise has been at least partly proven and fulfilled. The GEN-I device worked. Yes it had a few limitations and problems, but in general terms it worked. This MEMS has also been demo'd on video for anyone to go and watch.
So one of the binary options has already been falsified - i.e. the one that says: 'There will never be such a product.' Because there already is such a product. As it stands the GEN-I can be used for earphones etc now. But that is not the primary target product.
The GEN-II product is late (and that is an understatement if there ever was one) but as has often been said "better late than never."
It is likely to be a truism to say that we are getting closer and closer to such a device being in the hands of AKP. Yes, almost imminently, that will occur. And there is every reason to expect that the device will live up to the company's expectations and specifications. I would be reasonably confident that at least part of the time taken to get to that point will be a result of the nit-picking insistence that it meets every specified requirement fully.
Then the first part of that binary choice will then also have been verified.
But as things stand now the so called binary score has not gone from 0:0 to 0:1, it has gone from 0.9:0 in favour of AKP. And we can be reasonably confident based on what has already been achieved to say we are >90% of the way to its complete fulfilment.

I have been disappointed that the achievement of that fulfilment has been dragged out further and further over time. I've had the champagne on ice more than once and had to put it back on the shelf. Now I've just started drinking it anyway to cheer myself up after yet another no show and blathering excuse. This is even while the excuses are more than likely entirely correct and unavoidable, and are undoubtedly as much of a disappointment and frustration to AKP as to me. I'll bet there have been a good few bottles of consolation prize champagne drunk in Tel Aviv over the past few years. Yet they keep on trying to get this little beauty over the line. I'm glad about that. I'm also glad that Fred has deep pockets.

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I have to agree with BobF that it isn't binary in the same way that biotech stocks need a positive trial result and regulatory approval to win else they fail. Or a mining prospect needs positive geology results etc. AKP has progressed very far and they have a fall back product if it came to that. But clearly that product is not their goal. Why is that? Because they knew they were close to the goal and were confident (never certain of course) they could get to the goal before Fred's pockets would be empty. From what we are told the problems to get the goal product mass manufactured and to market, are not insurmountable. The risk is not in can they do it, the risk is that it takes too long to resolve the problems, to such an extent that Fred reaches the bottom of his pocket. That risk is not zero, it is plausible that it could happen if it takes too long. Hence I guess some feel it is binary. in that way. I personally don't see that as binary in the traditional sense, I see it as risk only. A risk of total loss, yes, but that is not a flip of the coin scenario, the odds are far better stacked in favour of AKP to win, but it doesn't guarantee they will win. Only once a Gen2 product is demoed, they have won. Game over. Because even if Fred's pocket is just coins then, it doesn't matter - the capital will flow in from others to do the rest.