BRN Discussion Ongoing

[Fullmoonfever]

Hi Fmf,

There are a couple of passages from the article which are intriguing.

This sentence is not attributed to Luca verre, and it does not quite align with his recent reply to @chapman89 which suggested that the relationship between Prophesee and Brainchip was quite preliminary ...

"BrainChip, a neuromorphic computing IP vendor, also partnered with Prophesee to deliver event-based vision systems with integrated low-power technology coupled with high AI performance."

... which almost reads as if there were a commercial product, or at least an engineering test product.

I doubt that there is an SoC with Akida and the Prophesee DVS, but separate chips could have been connected for testing. I would guess that an SoC would perform better than two separate chips.

Then the following paragraph is not shy about mentioning Loihi and Loihi2 in relation to research and development, but is coy about naming the "other neuromorphic chips ... emerging, allowing quick learning and training ... even with a small dataset".

Ongoing research is looking at ways to use neuromorphic neural networks to integrate chips and event cameras for autonomous cars. Since many of these applications use the Loihi chip, newer generations, such as Loihi 2, should speed development. Other neuromorphic chips are also emerging, allowing quick learning and training of the algorithm even with a small dataset. Specialised SNN algorithms operating on neuromorphic chips can further help edge processing and general computing in event vision.

Clearly Akida fits the description of the nameless chip.

Hi D

Agree not attributed to Verre hence me saying was a brief mention and article a general discussion with him.

Also agree re response @chapman89 got and posted hence saying I saw it was a "tech demonstrator" I believe was the term used.

(Edit) I thought I read somewhere (Ann) Prophesee had been ported to Akida or am I thinking of something else?

Also agree with your intrigue.

Posted it to allow others to come to their own conclusions or assessment as you have.

Thought was an interesting article overall and definitely somewhere we could fit as you say.

 

[Fullmoonfever]

Hi Fmf,

There are a couple of passages from the article which are intriguing.

This sentence is not attributed to Luca verre, and it does not quite align with his recent reply to @chapman89 which suggested that the relationship between Prophesee and Brainchip was quite preliminary ...

"BrainChip, a neuromorphic computing IP vendor, also partnered with Prophesee to deliver event-based vision systems with integrated low-power technology coupled with high AI performance."

... which almost reads as if there were a commercial product, or at least an engineering test product.

I doubt that there is an SoC with Akida and the Prophesee DVS, but separate chips could have been connected for testing. I would guess that an SoC would perform better than two separate chips.

Then the following paragraph is not shy about mentioning Loihi and Loihi2 in relation to research and development, but is coy about naming the "other neuromorphic chips ... emerging, allowing quick learning and training ... even with a small dataset".

Ongoing research is looking at ways to use neuromorphic neural networks to integrate chips and event cameras for autonomous cars. Since many of these applications use the Loihi chip, newer generations, such as Loihi 2, should speed development. Other neuromorphic chips are also emerging, allowing quick learning and training of the algorithm even with a small dataset. Specialised SNN algorithms operating on neuromorphic chips can further help edge processing and general computing in event vision.

Clearly Akida fits the description of the nameless chip.

Had to go check.

From our Ann at the time.

Verre's statement at the time also seems pretty definitive

“We’ve successfully ported the data from Prophesee’s neuromorphic-based camera sensor to process inference on Akida with impressive performance,” said Anil Mankar, Co-Founder and CDO of BrainChip. “This combination of intelligent vision sensors with Akida’s ability to process data with unparalleled efficiency, precision and economy of energy at the point of acquisition truly advances state-of-the-art AI enablement and offers manufacturers a ready-to-implement solution.”

“By combining our Metavision solution with Akida-based IP, we are better able to deliver a complete high-performance and ultra-low power solution to OEMs looking to leverage edge-based visual technologies as part of their product offerings, said Luca Verre, CEO and co-founder of Prophesee.”

 

[Beebo]

Somebody knew something, just so happens 1,869,097 shares shorted the day before the BIG BANG.

View attachment 29660

Yes. LDA, or any other capital raise institution, is poison! Simple as that.

 

[charles2]

Mr. Dawe responds

Insiders/Directors rights to purchase/sell Brainchip shares

To clarify misperceptions I initiated the following correspondence:




Dear Brainchip Management/Investor Relations

I am a US national who owns xxxk shares of BRCHF.

I participate in the TSX forum to discuss Brainchip and have been taking grief for my suggestion that Brainchip insiders could show support for the company by purchasing some shares in the open market and filing the necessary documents .....ie what I would call legal insider trading. This would indicate optimism in the future of the company, likely be a good investment and put short sellers on notice that further pillaging the company could be risky financially.

Now I am not sure if the ASX is a peculiar beast but I am an investor in listed companies in North America where insiders are buying because they feel the companies' prospects are undervalued/underappreciated and that the likelihood is that the share price will go up.

Of course all insiders have information that the investing public does not have. But my understanding of legal insider trading is that they the insiders when buying do not have information that is likely to alter the share price greatly in the near future....ie a buyout, significant partnership/investment or on the flip side an imminent bankruptcy or significant loss of revenue from a contract cancellation.

If my above perspective is not correct please inform me how any insider could ever buy shares in the company, or sell them for that matter.

Thanks in advance for your response. I plan to share your insights with the TSX site as I feel it would be most clarifying.

Sincerely

Charles2







RESPONSE FROM MR. DAWE:






Hi Charles,



Thank you for your email.



BrainChip executives and directors are able to purchase shares in the Company, subject to the conditions imposed by our Securities Trading Policy, which is posted on our website.



In short, directors and employees can purchase shares in the company during certain specified trading periods and with proper approval.



The question of whether they do, or do not, is a personal choice, and is determined by their own personal financial circumstances.



As a shareholder in BrainChip myself, I would like to see the share price go up rather than down, but I think we both understand that what the market really wants to see is the Company deliver commercial agreements that generate sales revenues.



That is the major catalyst for improved market sentiment.



Regards




Tony Dawe

 

[Deleted member 118]

Man, it was a real trial getting my SMSF set up..

From having my application audited by the ATO, to banking system short comings..

I would have loaded up whatever I could, no matter the price at this stage..

I'm definitely not thrifty, when it comes to share purchases.

I just gotta have them.

The man with the most tickets, when the music starts playing, wins!

And when it does start playing, no one will be able to stop it...

Congrats with the timing even so it might be more luck than anything

 

[Foxdog]

but I think we both understand that what the market really wants to see is the Company deliver commercial agreements that generate sales revenues.

Absolutely Tony, sales revenues will turn the SP decline on its head - very quickly. I think it's time for the company to explain clearly why commercial agreements haven't been made as quickly as expected. Is it the tech, testing delays, product development issues, competition? Is there a revenue runway building that requires time to mature and we just have to wait patiently for results. Shareholders need some company disclosure to keep the faith, particularly when shorters are decimating our investment.

 

[Sirod69]

Sorry, but it had to be now, the day isn't over for us in Germany yet and I'm still looking at this horrible RED!
Maybe I'll bring a smile to your face too
Others of you will say boooooring
I also lost playing cards today *laughs

Doesn't matter!

 

[Dallas]

NaNose Medical on LinkedIn: #horizoneurope #lungcancer #screening #earlydetection #diagnose

Proud to announce that NaNose Medical is taking part of the LUCIA EU Project! This consortium brings together 22 partners from 9 countries under the…

www.linkedin.com

 

[alwaysgreen]

Mr. Dawe responds

Insiders/Directors rights to purchase/sell Brainchip shares

To clarify misperceptions I initiated the following correspondence:




Dear Brainchip Management/Investor Relations

I am a US national who owns xxxk shares of BRCHF.

I participate in the TSX forum to discuss Brainchip and have been taking grief for my suggestion that Brainchip insiders could show support for the company by purchasing some shares in the open market and filing the necessary documents .....ie what I would call legal insider trading. This would indicate optimism in the future of the company, likely be a good investment and put short sellers on notice that further pillaging the company could be risky financially.

Now I am not sure if the ASX is a peculiar beast but I am an investor in listed companies in North America where insiders are buying because they feel the companies' prospects are undervalued/underappreciated and that the likelihood is that the share price will go up.

Of course all insiders have information that the investing public does not have. But my understanding of legal insider trading is that they the insiders when buying do not have information that is likely to alter the share price greatly in the near future....ie a buyout, significant partnership/investment or on the flip side an imminent bankruptcy or significant loss of revenue from a contract cancellation.

If my above perspective is not correct please inform me how any insider could ever buy shares in the company, or sell them for that matter.

Thanks in advance for your response. I plan to share your insights with the TSX site as I feel it would be most clarifying.

Sincerely

Charles2







RESPONSE FROM MR. DAWE:






Hi Charles,



Thank you for your email.



BrainChip executives and directors are able to purchase shares in the Company, subject to the conditions imposed by our Securities Trading Policy, which is posted on our website.



In short, directors and employees can purchase shares in the company during certain specified trading periods and with proper approval.



The question of whether they do, or do not, is a personal choice, and is determined by their own personal financial circumstances.



As a shareholder in BrainChip myself, I would like to see the share price go up rather than down, but I think we both understand that what the market really wants to see is the Company deliver commercial agreements that generate sales revenues.



That is the major catalyst for improved market sentiment.



Regards




Tony Dawe

Exactly what I've been banging on about. Straight from TDs mouth.

"what the market really wants to see is the Company deliver commercial agreements that generate sales revenues".

TD if you are reading this, can we get some sort of explanation as to why we can't deliver?

 

[Foxdog]

Exactly what I've been banging on about. Straight from TDs mouth.

"what the market really wants to see is the Company deliver commercial agreements that generate sales revenues".

TD if you are reading this, can we get some sort of explanation as to why we can't deliver?

Or a timeline of when current engagements are expected to deliver?

 

[Cyw]

Or a timeline of when current engagements are expected to deliver?

We were told to look at the financials in the second half of 2022. We did and nothing happened. With all the new sales people employed, there has got to be a target of some sort. So what is the new timeline?

 

[charles2]

Or a timeline of when current engagements are expected to deliver?

At the risk of over interpreting (apologies to Mr Dawe if so) to offer this in response indicates to me that management malcontent over the share price has moved to or is near the top of the "to do" list.

After all they and their employees are shareholders and recruiting with a dismal share performance could make their ubiquitous pitch suspect.

Plus for further insult they are raising money with weakened shares.

My suggestion to management: Remove your tenured Ivory Tower hats and show some marketing grit.

 

[Foxdog]

We were told to look at the financials in the second half of 2022. We did and nothing happened. With all the new sales people employed, there has got to be a target of some sort. So what is the new timeline?

Some targets are waiting for AKIDA1500 so if it tapes out successfully and performs to expectations then signed agreements should follow - timeline here, who knows? Release of AKIDA2000 (with transformers?) May be another thing some are waiting for before signing up. Current AKIDA must be close to signed deals (Nanose, Merc etc). I think this is the timeline we need an update on as it is overdue. All the company needs (initially) is revenue to cover operating expenses and the SP will recover accordingly.

 

[cassip]

Dear Chippers (@Esq.111 : i like this term and use it here because of this) who claim revenue,

we were given that explanation why there are delays. And you can stand on your head, it will not change the circumstances. It is really fact one is more than tempted to neglect it or to put it aside, but the uncertainty is immanent.

I read the history of Brainchip and sometimes, as I do not know people in person, I have my doubts about the outcome. But what there is to read, reads authentic.

Of course, who to trust in this times?

Everybody has the right to choose. Sell or support.

Support seems more strong at this time. And important, I guess.

This is why I appreciate this forum that much. It has the power to support.

 

[Sirod69]

We were told to look at the financials in the second half of 2022. We did and nothing happened. With all the new sales people employed, there has got to be a target of some sort. So what is the new timeline?

Gentlemen, I really understand all the frustration.
But..
This is about a small chip, let's say tiny tiny. This chip is built into things that, let's say, from Bosch (household appliances), Samsung (smartphones), Mercedes (cars) etc... surveillance cameras, drones, whatever. Now I am e.g. BMW and say I want to install this chip, but I buy it from a customer of BRN who also have to insert it into my product with hardware and software engineers.
Now, however, the market reacts to all sorts of unexpected situations around the world and something falters. Then I, meaning BMW, don't want to tell anyone how I make my product, because I'm using it for advertising and I want to have an advantage over other products. So now we come to the secret agreements.

We still don't know where we are and the BRN team certainly won't tell us either.

And how should they tell us a point in time. They can't. Anyone who understands what I mean knows that this takes time. I have no idea if that came across to you the way I meant it.

 

[cosors]

I walk and ball my head off like others went golfing today.
From 02:30

How good that tomorrow is the day of fools in my city and this continues with full force until next week.

 

[The Pope]

Not from what I have been told...I personally think that the whole situation with LDA Capital is extremely messy, and at some stage I do
hope that the CEO will explain why the Board called it so early into 2023.

I have seen a (sort of) explanation as to how this LDA put option is supposed to play out, but the floor price set by Brainchip has me thinking,

Today is the first time I have noticed the ASX send a company a please explain notice, because the share price has dropped. I personally find their behavior totally absurd.

May I also say that I think that having Peter put himself out there on Linkedin was great! asking followers to comment on what they would like him to comment on, such a brave move, and going by the two or so comments suggests to me at least, many are too afraid to ask him anything because of fear of possibly being laughed at or realizing they are exposing themselves to someone who has an IQ way above the average shareholder, me included, and fear being embarrassed.

I can assure you, 100%, our founder will never judge you.

The upcoming podcast is yet another positive move by the company, we all want to hear from Peter and Anil (in my opinion) and I'd be very happy to have both our "top guns" make themselves available for half-yearly "fire side chats" throughout the year/s.

All staff are important, they all contribute and continue to contribute daily, but having our two key guys talking about our company in an honest relaxed manner is extremely uplifting for all shareholders, so every 6 months lets make it happen Brainchip, you're all appreciated.

Love Brainchip x

Tech

I know others have mentioned this before with some of your previous posts but your wording in some sections of this latest posts may suggest some possible insider info not privy to a retail shareholder etc.

 

[Sirod69]

Davide Migliore(He/Him) • 1.Expert in Neuromorphic Vision | Sales Director and Technical Business Developer at Prophesee
4 Std.

"Where can I find examples and demos that illustrate event-based sensors and their applications?"

If you want to explore the latest research and developments in event-based vision, you should check out

https://lnkd.in/eWHRxVHK

This website contains links to events, papers, algorithms and applications, and other resources that cover various topics and aspects of event-based vision.
(Don’t miss the opportunity to attend our next workshop on event-based vision which will be held during #CVPR23 - https://lnkd.in/gtfwtMnr)

And, as I wrote in my previous posts, you should also visit:

https://docs.prophesee.ai

where you will find extensive documentation and support for Metavision Intelligence, a comprehensive software framework for event-based vision developed by my team.
With Metavision Intelligence, you can access more than 20 Jupyter notebooks, reference data, extensive guidelines, and a powerful API to get a head start on your product development with an event-based vision.

You can also use Metavision Studio, a simple and intuitive visualization application that allows you to control our event-based cameras with a few clicks.

Note: If you plan to attend #mwc2023 don't forget to visit our suite! More information here: https://lnkd.in/eScauEMd

#eventbased #computervision #machinelearning

 

[Esq.111]

Morning Chippers,

General market wrap...

Indexes.

DOW, +0.11%
NAS, +0.92%
SOX, +0.37%
VIX, -3.60%

Shares.

US, BRCHF, -10.38% on volume of 217, 480 units, volume up 589% on 65 day average.

GER, Tradegate, -11.26% on volumeof 1,896,327 units, roughly €653,000.

See what today brings....

Regards,
Esq.

 

[Steve10]

Not from what I have been told...I personally think that the whole situation with LDA Capital is extremely messy, and at some stage I do
hope that the CEO will explain why the Board called it so early into 2023.

I have seen a (sort of) explanation as to how this LDA put option is supposed to play out, but the floor price set by Brainchip has me thinking,

Today is the first time I have noticed the ASX send a company a please explain notice, because the share price has dropped. I personally find their behavior totally absurd.

May I also say that I think that having Peter put himself out there on Linkedin was great! asking followers to comment on what they would like him to comment on, such a brave move, and going by the two or so comments suggests to me at least, many are too afraid to ask him anything because of fear of possibly being laughed at or realizing they are exposing themselves to someone who has an IQ way above the average shareholder, me included, and fear being embarrassed.

I can assure you, 100%, our founder will never judge you.

The upcoming podcast is yet another positive move by the company, we all want to hear from Peter and Anil (in my opinion) and I'd be very happy to have both our "top guns" make themselves available for half-yearly "fire side chats" throughout the year/s.

All staff are important, they all contribute and continue to contribute daily, but having our two key guys talking about our company in an honest relaxed manner is extremely uplifting for all shareholders, so every 6 months lets make it happen Brainchip, you're all appreciated.

Love Brainchip x

Tech

SP was 73.5c on 9/1/2023 the day prior to LDA being issued 30M shares. On day of issue the SP went down 7.48% to 68c & volume increased by about 10M. Overall market was flattish on day of issue of shares.

SP had run up to 88c intraday on 5/1/2022 filling the big down gap between 78-85c that was acting as resistance. Was having a little breather & appeared was going to break above 100sma & 200sma but failed possibly due to LDA selling on market.

They were holding about 10M shares prior to being issued 30M = 40M & had 26M end of January so they must have sold 14M shares from 10/1/2023 until 31/1/2023 & SP was 63c by end of January.

Needed to let SP run a few more weeks to get over 200sma & then the shares should have been issued to LDA. Possibly would have got $1 per share in leau of 51-73.5c & less dilution.