“Gain a modest reputation for being unreliable and you will never be asked to do a thing,” said Paul Theroux, a tact the ASX has heartily endorsed with its oversight (or lack thereof) of the wholly unreliable Audio Pixels Holdings.
It was only February 2013, when professional poker player and serial corporate entrepreneur Fred Bart declared that planning for Audio Pixels’ fabrication of revolutionary wafer-thin speakers was “well advanced”.
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Michael Roddan is a Walkley Award-winning national correspondent based in Sydney. He is a former business and economics reporter for The Australian. Connect with Michael on Twitter. Email Michael at m.roddan@afr.com