Anyone with a history in AKP knows that the info coming out from it is sparse to say the least.
Typically it is as hard to understand exactly what it means as the proverbial Delphic oracle. You have a few significant sounding words coming out, and the words sound meaningful, but there is always a sense that there is way more behind the ambiguities than is being revealed or at least explained. This past couple of years we have all pondered and argued what "half" or "partial structures" and "dissipation layers" and a host of other technical terms have all meant in terms of how serious a problem or solution actually was. It has only been as the larger and more detailed story has gradually emerged that we get the explanations and context between the words that makes sense of them at all. Fred has never been untruthful in what he has said, so far as I can tell, but only someone in the board room or the lab has had enough exposure to the information to to judge where the company was likely to actually end up. That is still the case to a large degree. That is just the way AKP plays it, and for all their talk about security and secrecy I suspect they just can't see how frustrating their lack of clear and comprehensive information disclosure is to technically savvy shareholders.
Contrast that with Weebit Nano (WBT) of which Fred is also a board member and you'll know what I mean.
However, I hang on to two very important facts:
1) Insiders with large amounts of skin in the game have not only kept their money in, they have added substantially more. That spells confidence. 2) SH have been reassured in recent official announcements that the technical problems have now all been solved, and that finished and validated chips are "imminently" (Jan/Feb was mentioned) en route to becoming available for demo.
" ... Breakthrough 3 – Sound (Playing) – The Company demonstrated the acoustic performance of the device using sine waves (at any desired frequency). As every acoustic professional will attest, sine waves are the building blocks required for playing any sound. – Early results are unprecedented - reproducing frequencies below 100Hz! (by comparison the very best conventional speakers of similar sized have a lower limit around 800Hz or 3 octaves above ours). – The Company is currently integrating the new algorithms into the full signal processing suit. Once completed, the device would play any desired sound (i.e music, speech, ultra-sound etc.).
Next Steps
– Delivery balance of development wafers during January / February – Complete testing and algorithm adjustment and introduce / demonstrate music play – Complete last process steps as to allow chip packaging – Engage fabricators in transition to mass production ..."
So. I am just waiting as patiently as possible for the next announcement.
AKP Price at posting:
$21.02 Sentiment: Buy Disclosure: Held
(20min delay)
