There is enough history in this stock to be able to extrapolate into the future.
There will be another 'nearly there' announcement on Friday 31 August, then similar in December. The cash burn has slowed down so they won't need another cap raising until mid next year.
Everyone here who has said to the effect of 'this will be worth a fortune or nothing' needs to confront the increasing possibility it will be nothing.
I now wonder how advanced the device really was when they announced commencement of the 'integration phase' in November 2016. How were they expecting to integrate the MEMS device with the ASIC chip when they had not yet managed to successfully manufacture a fully working MEMS?
AKP Price at posting:
$16.02 Sentiment: Hold Disclosure: Held