BRN Discussion Ongoing

[alwaysgreen]

But by then the SP will be hmmmmm

I understand if you need to sell within the next 6 months that it is a concern but if you can wait, surely the share price will recover and some if multiple licenses are sold?

 

[HopalongPetrovski]

The lack of price sensitve anns to ASX I understand.NDAs yada yada yada.

I was however ,expecting more from our CEO. "The share price will do what the share price will do" from 6mths ago is no longer suffice to adequetly address the current situation-sORry Sean but in this regard-DO BETTER!

Ive been asking myself these questions again:
Is this a Swill Gates v Telsa situation?
Does Mgt know who is shorting?
If Mgt know what are they doing about it?
Why not Call it out?
Or will the ostrich method continue to be exercised,just bury your head in the sand and pretend its not happening.

IMO it would be helpful if the company was to put out a press release publicy calling out the apparent sp manipulation,but thats just me.
Name and shame these entities who are unsupportive of beneficial A.I and the benefits to all,especially if Aus entities.
Maybe Im way off base and it would do more harm than good???
Anyhow rant over
AKIDA BALLISTA

We are all feeling it Mate.
Frankly it sux.
The slow inexorable grind down is soul sapping.
Just the way it's intended to be by those who are running the book at the moment.
Having been through this numerous times already I guess I'm more relaxed about it as I still have unwavering faith in our product, segment, timing and management.
I also have the luxury of a low average, but seeing one's portfolio degraded by thousands day after day is certainly uncomfortable.
I look forward to the coming days when it's decided that its time to reverse thrust, or another MB or similar announcement drops, out of the blue and the squeeze is suddenly on the other foot.
Then, seeing your net worth rocketing upwards, day after day............ I remember it well.
Nothing quite like it.

AKIDA BALLISTA
AKIDA EVERYWHERE
GLTAH

 

[BaconLover]

“The share price will do what the share price will do”

Just a correction;
This statement was not made by Sean but by Vianna at the AGM.

 

[Fullmoonfever]

The thing I always try to convince myself of with shorters is that they are just playing the game like all of us...just on the other side of the coin.

It's the regulators that create and approve the framework that market participants have to use and to me, it's them who should be accountable.

In saying that...and apols if offends (will self mod if does)...reckon shorters got more in common with a great Aussie tourism ad...slightly cleaned up version

 

[Deadpool]

Not directly BRN related but Thailand is building a $12 Billion smart aviation city.
What company is primed and ready to tackle smart city tech infrastructure?

MSN

 

[alwaysgreen]

Arent they promising the same for last year or so. Even in the last 4c they said they are trying to convert the engagements to contracts. But nothing happened.happy to wait but next 6 months could be the same.

You need to have a plan. If you are happy to wait 6 months, then re-assess.

For me, I'll be holding until the end of the year and making a decision on my holdings then.

 

[Mugen74]

Just a correction;
This statement was not made by Sean but by Vianna at the AGM.

Thank you BL I thought Sean said it too I will adjust my post.
Was not really about thet sentence itself so much but the lack of one since. Communication is key -acknowledge shareholders concerns -lead from the Top.
Been rusted on since '15 with a low average so I am lucky in that regard and have no doubt BRN will flourish.
Seems like where almost at bottom but with the artificial manipulation-who knows ,??
What is plain to see however is frustration even for LTHs rising again which can not be good for sentiment.
P.sTony if your reading -I do not envy you your job lol.

 

[Shezza]

Not Sure if this has been posted from 2021:

Akida spiking neural processor could head to FDSOI

Startup BrainChip Inc. has a road-map of larger and smaller SoC exemplars of its Akida spiking neural networking processing architecture and could go to fully-depleted silicon on insulator (FDSOI).

www.eenewseurope.com

BrainChip is starting to deliver its Akida1000 system chip to customers although the company insists that is main business model is intellectual property licensing, similar to ARM’sThe Akida1000 contains 80 neural processors and is implemented in 28nm CMOS (see Brainchip’s Akida is a fast learner) and Brainchip announced the start of volume production in April 2021. This was shortly after Louis DiNardo quietly left the position of CEO in March. Peter van der Made, the founder of Brainchip and previously CTO, has taken up the CEO role.


Anil Mankar, chief development officer, told eeNews Europe: “Chip production volume is just starting now. But you will see a lot of IP licensing going forward.” He added: “We are process agnostic.”

The near-term focus is supplying the Akida IP to 22nm although some customers may go back to 90nm process, Akida executives said.

Rob Telson, vice president of worldwide sales, said BrainChip is drawing up plans for smaller and larger versions of Akida under the names Akida500, Akida1500 and Akida2000. Some of these may well comply to a new generation of the Akida architecture – Akida 2.0 – due to arrive in 2022. It is thought Akida500 could be implemented in 22nm FDSOI manufacturing process, and serve as a demonstrator of the agnostic nature of the Akida architecture.


Mankar emphasizes that the Akida architecture can implement both conventional convolutional neural networks (CNNs) and spiking neural networks (SNNs) that allow for a broader range of data processing models and learnings. The human brain based on spiking signals passed between neurons. “Spikes are spatio-temporal. There’s a lot of information to extract from spikes that we are not yet taking advantage of,” said Mankar.

The scalability of the architecture is also important, he said. “Our IP can from 2 processing nodes to 128,” said Mankar. If a licensee goes to 7nm CMOS then they can go to many nodes, he added.

Ok first Akida ballista gets a month subscription to forum.

MK

Need at least two saucers - tea leaves?

In

This could just as easily be in collaboration with Synsense rather than Brainchip.

I shared a video the other day with Luca Verra where he confirmed they are using Synsense in commercial applications.

Makes a mockery of RT’s somber warning against shorting BRN…

 

[TheFunkMachine]

Few more views likes and shares on the twitter platform.

 

[Rise from the ashes]

MK

In

Not sure how to reply to your post, what are you trying convey ?

 

[Mugen74]

If anyone here thinks my post was about having management control the Share price or ramp on the ASX then you are indeed a fool,its not about the share price its about the MANIPULATION thats been going on for some time. THE ASX and ASIC are a bad joke!Until enough listed companies call this shit out it will continue and retail shs will have to foot the bil!

 

[Food4 thought]

Just because “some legends” have posted “reassuring stuff“ that others find comforting, does not necessarily mean it will come true. Nobody on here is a prophet, and nobody who is respectfully posting about their concerns should be shot down in flames or mocked with memes - it’s childish lowers this forums credibility.

Investors and traders alike, can only act on the information at hand, and right now that information isn’t strong enough to prevent this abysmally poor SP performance. This is why we are being shorted, and this is why shareholders have concerns. It’s justified.

Fact - management are being too coy with announcements. Tony and I have spoke face to face about this, and the company has obvious concerns about ramping, but I believe they are now over correcting. The tape out should have been announced, as should the Intel arrangement. They didn’t need to be marked as price sensitive. Other companies are releasing similar announcements without issue, and the company has an obligation for continual disclosure - not by socials, but by the proper platform.

Fact - there has been less commercial adoption than we all expected. Megachips was over two years ago and Renesas was over a year. Two licences in two years is piss poor. Revenue is too low, and somebody needs to be accountable for this.

Fact - the company isn’t releasing enough information to the shareholders about things that matter. What happened to the EAP? How many are still included in the programme? In fact, is the programme still running? Not everyone has the time to spend all day talking to a bunch of anonymous people on a forum to gain insight, nor should they have to. The company needs to do better here.

The dilution needs to stop and I don’t want to see anymore performance gratuities or options exercised until the shareholders are rewarded with a stronger SP, or a solid update with fact based optimism of a brighter future. It seems all the Brainchip staff doing well whilst the shareholders are getting F in the A. If staff truely are performing, then they’ll be willing to hang around to be rewarded by revenue. This is how most other companies pay bonuses.

Echos of baseless optimism on here are getting old. The company needs to start performing financially - it’s not a not for profit, it’s a public company with marketable product. Shareholders need and deserve a proper update on what is actually going on, so we can make informed decisions. Seans statement in the 4c was a cop out.

I hate to say it but I have to agree with you.
I am here for the long haul but we should not as you say have to spend hours trying to find information.
Soz but I dont do alot of social media because ot waists to much time and i am to busy for it.
Sean should understand the frustrations of the poor shareholders, but in saying that I am sure he has his work cut out for himself,
But i will just hang in there being a good shareholder and just take whats throwen our way.

 

[Mugen74]

Lots, not perfect but who is,whilst I was less than impressed by this 4C statement I believe he is still the man for the job. Not to mention the contacts he brings from his inner circle-as long as PVDM and the BRN team are happy with him then thats good enough fot me.
AKIDA BALLISTA

 

[Food4 thought]

Hi Cassip,

As you say, Tony has confirmed we have got a yellow card and had our hockey stick confiscated.

If we put another foot wrong, the ASX will beat the puck out of us.

I believe that they have already done that.
And the board of directors don’t want to get flogged again

 

[Fullmoonfever]

Confused SH's when BRN occasionally appears to throw us a bone

 

[Diogenese]

Confused SH's when BRN occasionally appears to throw us a bone

View attachment 28420

How would he go on a rorschach test?

 

[Fullmoonfever]

How would he go on a rorschach test?

Had to google that one

Not had to do that test myself haha

 

[Schwale]

Could the fall in the share price be attributed to the capital call notice announced on the 11/1/23?

Below is the quote from the announcement...

"
The Capital Call Notice pricing period will begin upon exercise of the put option on or around 11 January, with an anticipated ending date in late March or early April, subject to adjustments based on the share price performance throughout the pricing period.
The issue price for the capital call shares will be 91.5% of the higher of the average daily VWAP of shares over the pricing period (subject to any applicable adjustments) and the minimum price notified to LDA Capital by the Company.
As of the date of the capital call notice, available funding under the agreement amounts to $27.9M while the company is committed to drawing down a minimum of $15M no later than 31 December 2023."


Maybe my understanding is wrong but say hypothetically the weighted volume average is 60cents over the "pricing period" then LDA will only pay 91.5% of the 60cents...

The question is does having a low share price until the end of March or early April favour LDA capital?

 

[toasty]

I have worked for Silicon Valley based companies in the past so feel qualified to provide an opinion on the current state of affairs.

It is my considered view that US business people do not, in general, understand Australian business, regulations and philospophies. I was the Asia Pacific MD for a SV subsidiary when a fiendly takeover was agreed with another SV company. Our new partner had an office in Australia and decided their leader was to be the one to be appointed to the new merged entity. My parent co agreed to this and told me my services were no longer required and here's 2 weeks pay. There is nothing akin to the Fair Work Act in the US and so they just presumed they could do the same here as they do there. To cut a long story short I took them (the new merged entity) to court and won - 6 months pay including the share options that would vest during that time. Created a precedent that in fact still stands to this day.

My point in telling this story is to demonstrate that things are done differently in the US than they are in Australia. I'm pretty sure that if we had an Australian CEO and Chair there would be quite a different strategy around dealing with the regulators and with retail shareholders.

This is not meant as criticism of Sean and Tony, rather an observation of the different way they think and act to us Aussies.

FWIW.

 

[Moonshot]

There's one thing that can stop the shorting.

Revenue.

I am hoping that Sean and the team can deliver over the next 2 quarters and provide shareholders with a bunch of new sales/license fees.

That will burn the shorters.