BRN Discussion Ongoing

[DollazAndSense]

Renesas is the number three supplier of MCU’s to the automotive sector and well ahead of Bosch which everyone has likely heard of.

However it seems clear that we need a motion at the AGM requiring Brainchip to cancel any IP licences not sold directly by Brainchip.

Apparently there is something wrong with those being sold by MegaChips on Brainchips behalf.

We only want customers buying their IP licences direct from Brainchip so the sales have to be announced on the ASX.

We don’t care about the money we just want the feel good factor.

I think we only need five hundred shareholders to request such a motion.

It’s just not good enough that Brainchip is allowing customers who want confidentiality to sign up via MegaChips.

We want Brainchip to double their sales and engineering staff, even triple them if necessary to make this happen.

The idea of keeping staff numbers low minimising overheads so that profit on IP sales and royalties can run to as high as 97% is a ludicrous idea.

All this sort of business plan will lead to is the payment of dividends early in the commercialisation process and who wants that.

My translation of the consequences of certain opinions only DYOR
FF

AKIDA BALLISTA

If I was in Brainchip's shoes, I believe I would want the bulk of the customers signing licences with us through an intermediary such as Megachips. In doing so it eliminates the need to be transparent with the ASX about contract details about the financial specifics of said deal.

If someone has ever been involved in part of a multimillion dollar business deal, they would likely know it is unwise to let other customers / suppliers know the inner workings of a deal as it can work against you in future negotiations with other parties. The revenue however would speak for itself in the quarterlies.

Car dealers would be operating under very slim margins if they had to sell each car model at the absolute BEST price they have ever negotiated with a customer. In the real world - you earn more on some deals, you earn less on others.

The downside of this behind closed doors approach of course, is that we don't get the bragging rights and the skyrocketing SP based on a potential household name signing the dotted line in an official announcement. Instead, we would get appropriate SP re-rates based on revenue increases each quarter. The vibe I get from Tony Dawe's replies that some posters who have generously shared on this forum, is that he would personally like to see an IP licence announced officially as soon as possible. Maybe the company's executives share his view, maybe they don't. I don't care which way they play it to be honest, both seem favorable to me.

 

[DingoBorat]

If a person is inclined to panic when the share price of a company they are invested in falls, I believe that it is better for them to review the fundamentals of the company than to fall into the trap of automatically defaulting to a stance whereby they lay blame on the management of the said company. It seems to me to be counter productive to unnecessarily criticize the management of a company in which one holds shares in assuming that one wants to make a profit from their investment. This is my humble opinion. This post is not directed at anyone.

Well said Slade

This Company is busting it's balls to be successful, so we can all go along for the ride.

Everybody, wants to see the results now, but that's just not how it works.

I'm at the stage now, where the share price is immaterial.

Would it be nicer to see the share price at 60 cents, 70 cents, 80 cents, 90 cents or a dollar or more again?

Of course!

Roll out the green babies!


Would I be selling any shares at any of those prices or above, unless I absolutely had to?

Hell no!

That's why the share price means little to me at the moment and it's just a case of how many will I have, before this thing really gets going..
Because when it does those selling points and higher, will be silly.

If BrainChip and AKIDA, live up to their "promise" what kind of Company will we be in a few years time?..

One that you would want to "sell out" of??

Of course it's a possibility, that it will never happen and all the unmistakable traction we are seeing, will all be for nought.

We live in a society, where everybody wants everything on demand, instant gratification..

Rome wasn't built in a day and all that jazz..
[Insert inspirational quote of your choice here]

 

[Mccabe84]

I hear all the new charging stations for cars and scooters in high buildings is a another big issue to deal with

Yes they are, a simple batterie packs for charging you mobile phones are starting house fires. Once the crack the thermal run away starts.

 

[equanimous]

Don't worry their are PG version.
I have one. in support of our FireFighter .
View attachment 32097
Learning 🏖

courtesy of AI midjourney

 

[manny100]

Renesas is the number three supplier of MCU’s to the automotive sector and well ahead of Bosch which everyone has likely heard of.

However it seems clear that we need a motion at the AGM requiring Brainchip to cancel any IP licences not sold directly by Brainchip.

Apparently there is something wrong with those being sold by MegaChips on Brainchips behalf.

We only want customers buying their IP licences direct from Brainchip so the sales have to be announced on the ASX.

We don’t care about the money we just want the feel good factor.

I think we only need five hundred shareholders to request such a motion.

It’s just not good enough that Brainchip is allowing customers who want confidentiality to sign up via MegaChips.

We want Brainchip to double their sales and engineering staff, even triple them if necessary to make this happen.

The idea of keeping staff numbers low minimising overheads so that profit on IP sales and royalties can run to as high as 97% is a ludicrous idea.

All this sort of business plan will lead to is the payment of dividends early in the commercialisation process and who wants that.

My translation of the consequences of certain opinions only DYOR
FF

AKIDA BALLISTA

I agree, we do not want others having the ability to in effect sub licence. We lose control of Brand security. We do not want to risk Brand damage.
Having said that maybe it was the only way Mega chips would sign up???

 

[thelittleshort]

We would do anything to help people in any emergency situation and people should never hesitate to call 000

Well the dispatcher was quite dismissive just now when I called about the current share price emergency lol

 

[Mccabe84]

Don't worry their are PG version.
I have one. in support of our FireFighter .
View attachment 32097
Learning 🏖

Haha you might have to come to my work as a couple of guys on my shift are in that. Is someone with a husky

 

[Deleted member 118]

Would be great to see some broker data. If anyone has access to see if retail are selling and if instos are buying. I think Dolci use to post over on the other site. Can anyone assist?

Dolci the biggest fraud ever.

 

[DingoBorat]

Renesas is the number three supplier of MCU’s to the automotive sector and well ahead of Bosch which everyone has likely heard of.

However it seems clear that we need a motion at the AGM requiring Brainchip to cancel any IP licences not sold directly by Brainchip.

Apparently there is something wrong with those being sold by MegaChips on Brainchips behalf.

We only want customers buying their IP licences direct from Brainchip so the sales have to be announced on the ASX.

We don’t care about the money we just want the feel good factor.

I think we only need five hundred shareholders to request such a motion.

It’s just not good enough that Brainchip is allowing customers who want confidentiality to sign up via MegaChips.

We want Brainchip to double their sales and engineering staff, even triple them if necessary to make this happen.

The idea of keeping staff numbers low minimising overheads so that profit on IP sales and royalties can run to as high as 97% is a ludicrous idea.

All this sort of business plan will lead to is the payment of dividends early in the commercialisation process and who wants that.

My translation of the consequences of certain opinions only DYOR
FF

AKIDA BALLISTA

Yes!

I'll sign for the motion FactFinder!

With over 40000 shareholders, 500 should be a cinch

 

[thelittleshort]

Interest

Plumerai also vocal on LinkedIn just now about the M85 and tagging in Renesas and Arm execs

Plumerai on LinkedIn: World’s fastest MCU: Renesas runs Plumerai People Detection on Arm…

Plumerai People Detection has now been optimized for the world’s fastest MCU! The Plumerai People Detection runs with an incredible 13 fps on the Renesas…

www.linkedin.com

 

[Bravo]

It's quite amasing to think that we're going to be involved in these upcoming events. History in the making.

NASA planning to spend up to $1 billion on space station deorbit module

NASA is projecting spending nearly $1 billion on a tug to deorbit the International Space Station at the end of the decade to provide redundancy for safely disposing of the station.

spacenews.com

 

[cassip]

Hi to all,

will be good to hear some news from Nürnberg (embedded world). SP in Germany is 0,2854 EUR at Tradegate, - 8,17% atm.

Regards to all
Cassip

 

[Deleted member 118]

4,371,903 new Shorts on the ASX for Monday 13th March.

Wonder how many taken today and dropped in the Market? See tomorrow I guess.

As can be seen by the following data from the ASX it would seem that the SHORT Positions have not been reduced lately even with a significant drop in the Share price.

Friday - 10th March 2023 ASX Market report of Outstanding Borrowed Positions.

BRN

BRAINCHIP HOLDINGS LTD

FPO

Gross outstanding Borrowed

132,261,631

Net outstanding Borrowed

98,526,567

Net outstanding Borrowed as a % of MC

5.58%

Yak52

The shorters at this rate will be the major share holder shortly at this rate.

 

[Deleted member 118]

And you know who else uses Arm architecture? Apple does to power every Apple computing product, unless the article below is incorrect.

And thanks to Renesas we know Akida can now seamlessly integrate with the Arm Cortex-M85 processor available as part of Armv8.1M architecture. So why wouldn't Apple want to get in on this action?

Anyway someone from Apple is probably going to be very interested in Renesas who is to present the first live demonstrations of artificial intelligence (AI) and machine learning (ML) implementations (in other words AKIDA inside) on an MCU based on the Arm Cortex-M85 processor at the embedded world 2023 Exhibition and Conference in Nuremburg, Germany from March 14-16.

This is a snippet from the announcement.
View attachment 32076

View attachment 32077

Arm's new chip architecture will power future devices, possibly including Apple's | AppleInsider

Chip designer Arm Ltd. has announced its new v9 architecture, a design that could eventually appear in the Apple Silicon powering future iPhones, iPads, and Macs.

appleinsider.com

Off all companies I think will ever use Brn technology, I think apple would be the bottom of my list

 

[Schwale]

Will be an easy insurance process.
View attachment 32092

Tesla car battery 'spontaneously' catches fire on California freeway, requiring 6,000 gallons of water to put it out

No injuries were reported. Tesla CEO Elon Musk has previously stated only 0.01% of Teslas have ever caught fire.

www.nbcnews.com

Learning 🏖
PS. Hope the occupants are safe.

These vehicle should be taken off the road and deemed defective and unsafe.

 

[Schwale]

The shorters at this rate will be the major share holder shortly at this rate.

Incorrect! Shorters do not own the underlying assets. They are borrowed shares and hence must be returned at some point.

 

[skutza]

Yes Lithium batteries are not safe Still a good one on asx is ATC making salt based batteries I have a small amount invested in these guys because like Brainchip they are the future too! Vlad

Well although we shouldn't cross promote, every now and then is ok right? PPk are doing sulphur batteries. LIS energy is at Deakin near my house. I'm heavily invested there, they are currently worth less than their book value. Certainly worth a look, down from $21!!!!

 

[Deleted member 118]

Incorrect! Shorters do not own the underlying assets. They are borrowed shares and hence must be returned at some point.

I know, just stating at this rate they will owe a total of maybe over 150 millions shares which they are only borrowing and owing 150 million share would probably make ‘‘em the top holders

 

[Deleted member 118]

Who owns the 150 mill?

Not sure but someone posted the top holders and I remember seeing that close to that number

 

[DingoBorat]

I know, just stating at this rate they will owe a total of maybe over 150 millions shares which they are only borrowing and owing 150 million share would probably make ‘‘em the top holders

This might be helpful to them ..

Doubling Down, or How to Make the Worst of a Bad Situation

The Sixth Circuit recently affirmed a business man's conviction on seventeen felony tax counts, including a tax obstruction count.

www.postschell.com

Doubling Down, or How to Make the Worst of a Bad Situation​

"the wisdom of doubling down will largely depend on the wisdom of your position: If you double down on a dumb strategy, you will simply dig a deeper hole for yourself"