Further to the issue of truthful management and timelines. I just pulled the following from the 13 September, 2020 ASX announcement.
“The Akida device was produced at a Taiwan Semiconductor Manufacturing Company (TSMC) foundry and utilizes a standard logic 28nm process. The Multi-Project Wafer (MPW) used by the Company in April 2020 in order to accelerate the delivery of the integrated circuit engineering samples, provided packaged and tested devices for internal validation and testing in August 2020. These devices will support the demands of customers participating in the Company’s Early Access Program (EAP).”
Mercedes are saying if memory serves that they approved the 1,000 k EV project 16 months ago.
Mr. Dinardo said that they had EAP customers waiting for the release of the AKD1000 engineering samples before finally committing. August to now is roughly16 months.
As I said where else do you find such honesty in the corporate world.
My opinion only DYOR FF
AKIDA BALLISTA
BRN Price at posting:
97.0¢ Sentiment: Hold Disclosure: Held
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