yes, boca, that is a point often made, but the reasons are generally not researched or understood.
There remain strict resrictions on sending Yuan out of China. Not by EM but by the Chinese Government itself. The backlog is enormous (just consider how many foreighn companies operate out of China!) and the queue is slow. I am aware that companies such as AMP and others are waiting months and months to repatriate funds to Australia-and the same for many other countries. The order of payments are prioritised in Beijing. EM's payment is clearly not a priority for Beijings mandarins.....
Nevertheless, EM is legally obligated to pay under their placement agreement. The very last people they would want to antagonise, or to create financial difficulties for, is AKP. If AKP falters, so do they,having spent some $30 million on making fab machinery SPECIFICALLY for the AKP chip-. In short, they cannot afford to lose out or fail if AKP has problems. Hence Fred recently raised funds (in a day) a few weeks ago to obviate any financial concerns for AKP.
A further note as to EM's commitment--they have filed many patents for production of the AKP chip. (NOTE: none regarding the operation of the chip-those are all held by AKP).
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