AKP audio pixels holdings limited

Ann: Half Yearly Report and Accounts, page-3

  1. 416 Posts.
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    So what is your point?
    To refresh AKP is attempting to build something which has never been built before and if successful it will be revolutionary for so many applications as we all can (well maybe most of us can) only imagine how it will transform sound
    Lets look at some rough historical figures from companies now household names but when in the phase comparable to AKP were typically all on the verge of being kaput.
    Amazon circa 10 years from early nineties to early two thousands - 3 billion USA $ accumulated losses
    Uber 10 years USD 31 Billion in cumulative net losses before first profitability in 2023
    Airbnb 10 plus years approx 4-5 Billion USD accumulated losses only becoming sustainably profitable in 2021
    Palantir 10 years plus roughly 6 billion USD in acumulated losses
    The list goes on and on but maybe you get the point
    AKP @ A$90 mill is a pittance if Fred can pull this off, it was always a binary punt/ zero sum game it either gets up - shareholders win big, it ends up in the toilet shareholders lose.what they invested. Simples really! Anyone invested here long term has accepted the reality of yay or nay for quite awhile now not sure why you insist on banging on the negativity drum so incessantly. What sort of vindication does one receive on an anonomous stock forum if your predictions of failure over many years prove correct?
    Fred has given it, and continues to give it, his best shot, many entrepreneurs spend vast some of money and significant parts of their lives striving to realise their idea/dream/vision hats off to Fred I say. Still might get up which will be a fun day
 
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