BRN Discussion Ongoing

[Labsy]

Guys, I don't see what all the fuss is about. Have a look a Tesla, nvdia, Microsoft, Intel... all stocks have been bombed by Ukraine war...
I've been accumulating steadily from. 1.78 all the way down.. count your lucky blessings they are so cheap. If I had more cash I'd buy some Tesla too!

 

[Slade]

I understand how someone who I guess is much like me, fairly average in life, buys shares in a company and after a fall in the share price starts thinking that they are some kind of expert, that they know what the company should be doing and that they are owed that by the very fact that they purchased a small percentage of the shares on offer. Then there are those that prefer to let the company get on with it and will wait until the AGM to gain clarity. It seems to me that some shareholders are tormenting themselves with self doubt. I guess we have all been there at different stages of our lives, however it can become a serious problem if it leads to poor behavior and bad decisions. I admire people who can keep their fear in check and in confusing times who can draw on logic, common sense and a bit of courage to keep things real and make decisions that are good for them. I guess this comes with experience. I’m not there yet, but personally with BrainChip I am in a comfortable place. It’s a long hold for me. No guarantees, but that’s life. I’m happy with management and the progress that’s been made. I had no idea a war was going to break out. Not sure why I felt the need to write this post. Guess it makes me feel good, like my opinions are important lol. It does feel like a bit of self-assuring exercise. A few years ago I would just said to those having doubts “grow a set of balls“. That last sentence is not exactly true, I’m still quite capable of coming out with comments like that. Seems the coffee and blueberry muffin that I am having at the moment has brought out a reflective me. Think I will have another coffee. Love yous all.

 

[Yak52]

Just placed a buy at 90.5c ........ I will play with sharks, they don't scare me when there is huge profits on the radar.
Does not mean i have to like the manipulation, even if it leads to a better retirement ahead.

ok so newpunta ...............whats wrong with buying at the current SP of 96c ??? Not a good value for the BRN stock?

Why must it always be at a much lower (out of strike) SP that anyone wants to purchase more for a top up or what ever?

By putting in a LOWER buy price hoping to get CHEAPER shares you are feeding the system and helping to push the price down. understand?

BUY @ current strike price or higher to SUPPORT the SP and maybe this shit will stop going down for a change.

Out of interest I never ever buy below the Strike price it is counterproductive. But it is just so the Australian way wanting it "Cheaper". lol.

The problem is Retail are exhausted on the buy side and only want "cheaper" shares in some misguided attempt which just DEVALUES all their current holdings of BRN.

The advantage that "Insto's" have taken during these Market wobbles by driving the SP down to get as many Retail to exit as possible has worked very well. Inst's have "TIME" on their side which they employ to good effect. Retail get nervous as both "Time" draws out & SP drops down which allows Insto's to accumulate & trade.

Out of interest when shorters (insto's) finish taking their profits they will then turn around and buy back up running the SP back up again for profit.
Question is how long will they accumulate before doing this ?

Yak52

 

[newpunta]

Guys, I don't see what all the fuss is about. Have a look a Tesla, nvdia, Microsoft, Intel... all stocks have been bombed by Ukraine war...
I've been accumulating steadily from. 1.78 all the way down.. count your lucky blessings they are so cheap. If I had more cash I'd buy some Tesla too!

That's the Point...... as you said
BRN was already cheap and sliding ............ the others were clearly over priced and sliding

 

[BaconLover]

You guys need to invest in crypto.

A 40% to 50% swing either way will make your 5% red day on ASX feel like vegemite on toast. Yum yum.

I don't understand the logic of complaining about red day when someone is buying. Just doesn't make sense.

Anyways, I am glad we can still celebrate the 1-sh dollar party rather than half a dollar party in Melbourne.

Have a great day all. See some of you in the evening.

 

[Fact Finder]

Why couldn't Rob give us half the truth by saying we have recently signed signicant NDA's with significant companies?

Because if they said that the ASX would be entitled to demand full particulars which would include the name of the companies because of the word 'significant'. If a Brainchip states that the NDA is with a significant company how do I as a shareholder value the size and importance of that company. The use of the word 'significant' implies everything and can lead to a false market which can only be addressed by the name of the company or companies so that shareholders can assess if they are significant.

If you have NDA's you cannot seek to describe the companies they are with to infer anything about the company concerned without running this risk of enlivening the ASX's power to force disclosure.

This is what the GetSwift ASIC prosecution was all about AND it has made transparently clear that the ASX is all powerful in this area.

My opinion only DYOR
FF

AKIDA BALLISTA

 

[davidfitz]

Like many today I am not happy with the share price but things could be worse. The following article makes me feel sort of better and puts things into perspective.

China’s filthy rich lose $72 billion in a day​

https://www.news.com.au/finance/markets/world-markets/chinas-filthy-rich-lose-72-billion-in-a-day/news-story/650315915e01ed9ec7109c9b44269a7a

 

[JB49]

Funny how the ASX has recovered off its daily low by nearly 50% yet BRN keep going down after the Market turned back up.

Funny how the ASX was up 1% or 95points yesterday yet BRN went down another what 6% ??

Connecting the down turn of BRN to the current world or ASX Market is a false truth. Good stocks are performing well in these current conditions.

Short positions covered reduced on Thursday last week by 4 Million shares. Thats 4 Million shorts closed out. Fridays and Mondays data is yet to be released ............but I would assume more shorts are being closed out. Especially today being down 5%.
They should be as we have had a (almost) daily drop of 5-8% for nearly 5 weeks now.
Only way to counter a short campaign is to have ASX News released. fact. Not happening . yet.

I tend to agree. And they are yet to confirm if any of the EAP agreements have led to any material contracts. As more time passes, people become more apprehensive as to whether any of these companies are genuinely looking to adopt the product and as a result the shareprice will just keep falling.

I understand they have NDA's in place and cannot comment on a specific company. But in their interviews, wouldn't they at least be able to say for example that 6/20 of our EAP agreements have led to proper contracts, rather than say I can't comment. Or would this be against ASX rules?

I notice that other companies come out and specifically state what products they are using. For example Renases came out and announced that Honda are using one of their chips for its Sensing system. If they make something like this public, then why can't Brainchip?

Surely they would at least have one agreement in place where there is no NDA. If you come out and announce that, it would provide further validation to the product. Announcing an agreement with someone would be a far better form of advertising than these podcasts they keep doing trying to pitch the product.

It's still early days, but hopefully they announce something soon!

 

[newpunta]

ok so newpunta ...............whats wrong with buying at the current SP of 96c ??? Not a good value for the BRN stock?

Why must it always be at a much lower (out of strike) SP that anyone wants to purchase more for a top up or what ever?

By putting in a LOWER buy price hoping to get CHEAPER shares you are feeding the system and helping to push the price down. understand?

BUY @ current strike price or higher to SUPPORT the SP and maybe this shit will stop going down for a change.

Out of interest I never ever buy below the Strike price it is counterproductive. But it is just so the Australian way wanting it "Cheaper". lol.

The problem is Retail are exhausted on the buy side and only want "cheaper" shares in some misguided attempt which just DEVALUES all their current holdings of BRN.

The advantage that "Insto's" have taken during these Market wobbles by driving the SP down to get as many Retail to exit as possible has worked very well. Inst's have "TIME" on their side which they employ to good effect. Retail get nervous as both "Time" draws out & SP drops down which allows Insto's to accumulate & trade.

Out of interest when shorters (insto's) finish taking their profits they will then turn around and buy back up running the SP back up again for profit.
Question is how long will they accumulate before doing this ?

Yak52

Ok Yak ........ I am no pro in this arena,
I don't quite understand what you are saying re bolstering the buy side will be detrimental to the sell side ?
I thought the greater the buyer numbers when compared to selling numbers .......... should raise the share price.
Have I got that wrong ?

As to why so much below the strike price ........... is simply 2 things.
1.As you alluded to, i cannot resist a bargain ......... sometimes I buy things online even if i don't need them, ON THE CHANCE maybe I will one day.
2. I like the challenge of catching a falling knife, and get in early in the que in case that is where the knife lands.

Mate ......I do not usually have much to say on this and the other forum ...... I am still learning this stuff ...... and applaud posters like yourself, and others
that can add real substance to the discussions here.
Today I am trying to make this a subject of conversation ........ cos it might have a BETTER chance of being heard as with anyone else that has something to add
by our distinguished management.
Not saying it will succeed........... but if you never never try ....... you will never never Know.
My all time Favourite song is the Chuck Berry number "You Never Can Tell" .......... made famous by the classic movie "Pulp Fiction"
I will not try smiley faces again after the last attempt ..... but consider it to be here

 

[Frank Zappa]

This is an excellent post and the only way to look at the present situation.

Someone posted today the oft used term "treated like mushrooms and fed on bs."

As it so happens my grandfather was a commercial mushroom grower decades ago and his mushrooms were cared for lovingly. Temperature was kept as it should be and constantly monitored. Water and nutrients were applied in scientific quantities. The beds they were grown on were sterilised before laying down. My grandmother said "Pop looks after his mushrooms better than he ever has me." When he had finished picking his mushroom compost was on sold by him to commercial gardeners because it was a fabulous weed free growing medium.

The reality of this oft used phrase is not based in fact just like most of the negative comments thrown out here today.

Bringing the phrase up to date where Brainchip is concerned it would be "loved like mushrooms and fed on sterile information" because it is not in shareholders interests for Brainchip to release sensitive information that would upset customers and breach non disclosure agreements and US and Australian security laws to address a declining share price as a result of World events over which they have no control.

In fact anyone who is prepared to take a breath and think back to January, 2022 will recall that under the guidance of Ken Scarince the Board and Management of this company you are criticising had the foresight to fully draw down the LDA Capital requirements at record share pricing so that no further draw down is required until 2023. They did not know what Putin was going to do but they had the foresight to weigh all the headwinds that can occur and acted at the absolutely right time in the interests of Brainchip and of course you its shareholders.

At Brainchip itself there are personnel who have been accredited by the US Defence Department to be engaged in sensitive military discussions and projects and those personnel are not permitted to tell others in Brainchip who are not part of the accredited group sensitive information and as far as I am concerned I have not heard about Ken Scarince crying in the corner because he does not know what they know.

Those whose sole criticism is that Brainchip has not stepped in and prevented the current share price retreat need to produce evidence of what other technology companies have done to prevent the decline in their price which Brainchip could have done.

I trust you will appreciate that making a price sensitive announcement will not count as a tactic that Brainchip could employ as such announcements are made on timing controlled by the ASX.

My opinion only DYOR
FF

AKIDA BALLISTA

As usual , you are 110% correct.You are a great comfort when I get grumpy . As far as mushrooms are concerned, I had restaurants over 49 years and after a short period of time I realised that washing the mushrooms was not necessary.There was never anything other than the mushrooms in each box and washing them only shortened their shelf life . Still grumpy , but still holding but stronger thanks to you

 

[Deleted member 118]

5 minute read for you @Fact Finder

https://www.rand.org/content/dam/rand/pubs/research_reports/RRA300/RRA341-2/RAND_RRA341-2.pdf

 

[newpunta]

wow ......... just worked it out

 

[Frank Zappa]

You guys need to invest in crypto.

A 40% to 50% swing either way will make your 5% red day on ASX feel like vegemite on toast. Yum yum.

I don't understand the logic of complaining about red day when someone is buying. Just doesn't make sense.

Anyways, I am glad we can still celebrate the 1-sh dollar party rather than half a dollar party in Melbourne.

Have a great day all. See some of you in the evening.

Looks like you are having a hernia

 

[Fact Finder]

Intellisense Systems Develops Technologies for Military & Aerospace, Defense, Environmental Monitoring

Intellisense Systems, Inc. designs advanced sensing technology that support a full data continuum. Learn more about our end-to-end process.

www.intellisenseinc.com

Have a look at the above company then go to the thread opened by @uiux and what he has discovered involving NASA, Brainchip and Intellisense Inc.

My opinion only DYOR
FF

AKIDA BALLISTA

 

[Boab]

A bit of silliness to lighten up the mood.

 

[Realinfo]

Of course games are being played. However Ukraine is the game players fourth Ace that they did not expect or predict but HAVING BEEN DEALT allows those who spread fear to actually have something real to attach to their domesday predictions.

Why would the short interest have gone up when it did? The shorts know thanks to Ukraine even a positive announcement until income starts to flow will not be terrible news for them.

The market is full of manipulators and people who make predictions based solely on self interest.

If you do not know this then you need to get in and do your research so you understand what the market does to uninformed retail investors.

The only way to win as a retail investor is to chose wisely and stay the course and constantly read the factual information about your investment not the commentary and advice.

The old saying that if they really knew the outcome why would they tell anyone strictly applies. Anyone giving advice should be dismissed including myself as we are all biased.

My opinion only DYOR
FF

AKIDA BALLISTA

I’m not sure I agree with your comment Fact…“the shorts know thanks to Ukraine, even a positive announcement until income starts to flow will not be terrible news for them”.

Certainly Putin’s invasion of Ukraine is not helping, but for mine the paucity of news about sales, deals, agreements…call them what you will, is the major contributor to the falling stock price. Like most here, I enjoy reading what the 1000 eyes come up with, but there is no substitute for news that something is happening with a leading organisation.

Just look at what happened to the stock price, from what was no more than a press release from Mercedes. This clever PR tease revealed little, but no doubt sent their competitors into a spin, causing them to scramble madly to discover more. It also very nicely skirted around the price sensitive announcement requirements of the ASX. Our CEO should be trying to get other organisations to follow suit…send out press releases that provide maximum tease for their rivals, but minimal information about what their doing.

Can we imagine what would happen to our stock price, if there was a similar press release from say Siemens, then a couple of weeks later from say Sony, followed shortly from say Lockheed Martin…and on and on and on as Billy J said?

Have no doubt TSE’ers, we are going to get to this point…but in the meantime in between time, I’m distracting myself from a growing frustration with my own impatience, by continuing to increase my holding by trading.

 

[Fact Finder]

5 minute read for you @Fact Finder

https://www.rand.org/content/dam/rand/pubs/research_reports/RRA300/RRA341-2/RAND_RRA341-2.pdf

"Neuromorphic Computing Neuromorphic computing aims to create computer hardware that works “like the brain,” or, in many cases, to train or evaluate deep neural networks efficiently. This is often essentially a marketing term. However, a major objective of most of these devices is to operate in a more energy-efficient way than equivalent central processing units and graphics processing units (GPUs). Neuromorphic components might eventually be used by the Air Force for training and executing neural networks, or they could be integrated into sensor platforms as a way of conserving bandwidth. Presently, however, these technologies are too diverse to make any general assessment about their maturity for these purposes."

"This report documents work originally shared with the DAF on October 3, 2018. The draft report, issued on September 26, 2018, was reviewed by formal peer reviewers and U.S. Air Force subject-matter experts."

Hi Rockett
This report dates itself 2021 however it is clear it took from October, 2018 until it was released hence we have no knowledge in the report of Spiking Neural Network Technologies and made clear by the above extracted paragraph.

Clearly the US Airforce has made a quantum leap or should I say and AKIDA leap since 2018 given what we know about !SL research grant and the discoveries by @uiux.

Interesting report particularly as to the state of and age of the computers the US Airforce had in 2018 and the recognition that they needed to pull their socks up very quickly.

It does highlight what I have said a number of times about the military and governments that once you get taken up because it takes so long for them to go through the processes involved in bringing on new technology you have a long customer life simply because their rate of adoption is so slow. Once AKIDA and Brainchip are through the front door at NASA and DARPA they will be right there for at least 20 years in my opinion.

My opinion only DYOR
FF

AKIDA BALLISTA

 

[Fact Finder]

I’m not sure I agree with your comment Fact…“the shorts know thanks to Ukraine, even a positive announcement until income starts to flow will not be terrible news for them”.

Certainly Putin’s invasion of Ukraine is not helping, but for mine the paucity of news about sales, deals, agreements…call them what you will, is the major contributor to the falling stock price. Like most here, I enjoy reading what the 1000 eyes come up with, but there is no substitute for news that something is happening with a leading organisation.

Just look at what happened to the stock price, from what was no more than a press release from Mercedes. This clever PR tease revealed little, but no doubt sent their competitors into a spin, causing them to scramble madly to discover more. It also very nicely skirted around the price sensitive announcement requirements of the ASX. Our CEO should be trying to get other organisations to follow suit…send out press releases that provide maximum tease for their rivals, but minimal information about what their doing.

Can we imagine what would happen to our stock price, if there was a similar press release from say Siemens, then a couple of weeks later from say Sony, followed shortly from say Lockheed Martin…and on and on and on as Billy J said?

Have no doubt TSE’ers, we are going to get to this point…but in the meantime in between time, I’m distracting myself from a growing frustration with my own impatience, by continuing to increase my holding by trading.

The thing you asked for is what the CEO Sean Hehir said he was trying to do in getting a couple more companies to allow Brainchip to display their logos.

But in the present environment, I think have proved my point the news flow needs to be continuous. If I was a shorter I would be comforted by the fact that it is very rare that any ASX listed company releases announcement after announcement in the fashion you have described so at best we will get a couple but then what? Ukraine remains centre stage with oil prices increasing and US inflation figures and supply chain issues.

At the end of the day none of it matters really because Brainchip has something no one else has the commercial product in the market and plenty of capital to run until this all gets sorted. Any researcher at the moment at the stage where Brainchip was more than 3 years ago would be having a terrible time given world sentiment trying to raise capital and progress their research.

Note I am not referencing the big players but the left field players who are trying to catch up or launch the next big thing in this space which is allowing Brainchip's commercialisation lead to only increase.

I do have a small confession because I hold my BRN in my SMSF and have minimum draw down requirements the proceeds of the sale of 75,000 shares at $1.41 to buy my watch etc; was left sitting in the account until after 30.6.22 but I have just handed it back to take up 110,000 BRN shares at 94.5 cents. I can resist everything but temptation. LOL

My opinion only DYOR
FF

AKIDA BALLISTA

 

[Fullmoonfever]

Some positive stats but also highlighting the lag / process of POC / Pilots first.

AI/ML Adoption Accelerates in Public & Private Sectors, Survey Finds​

by Summer MyattMarch 7, 2022, 11:37 am

As artificial intelligence and machine learning expand their footprints in the public and private sectors, organizations are increasingly finding that the technology is a top priority for success.
A recent survey conducted by cloud computing company Rackspace Technology found that 62 percent of respondents identified AI/ML as a high priority for their organization and up to 72 percent said AI/ML is currently a part of their business or information technology strategy.
The 2022 Annual AI/ML Research Report, which polled 1,870 IT professionals across a range of industries and sectors, also reported that organizations are accelerating their adoption of AI/ML. Sixty-eight percent of survey participants categorized their company’s AI/ML adoption in concept phase or the optimization phase.
Thirty-two percent said their organization is moving from a proof of concept or pilot to an actual AI/ML solution in production. Rackspace noted that this figure is up 15 percent from last year’s survey findings, representing an increase in the number of companies working to operationalize AI/ML.
The survey also reported that though AI/ML is seeing budget increases and positively impacting organizations, a lack of knowledge and comprehension of the technology persists among leadership and other departments within their organizations.

To learn more about the applications of AI/ML across government and industry, join ExecutiveBiz Events for the platform’s in-person Applying AI to Data for Cyber Hygiene and National Security Forum on March 10. A diverse roster of AI experts will convene to discuss how organizations can leverage AI/ML for cybersecurity threat detection and incident response while informing a zero trust architecture.

 

[matt]

I’m not sure I agree with your comment Fact…“the shorts know thanks to Ukraine, even a positive announcement until income starts to flow will not be terrible news for them”.

Certainly Putin’s invasion of Ukraine is not helping, but for mine the paucity of news about sales, deals, agreements…call them what you will, is the major contributor to the falling stock price. Like most here, I enjoy reading what the 1000 eyes come up with, but there is no substitute for news that something is happening with a leading organisation.

Just look at what happened to the stock price, from what was no more than a press release from Mercedes. This clever PR tease revealed little, but no doubt sent their competitors into a spin, causing them to scramble madly to discover more. It also very nicely skirted around the price sensitive announcement requirements of the ASX. Our CEO should be trying to get other organisations to follow suit…send out press releases that provide maximum tease for their rivals, but minimal information about what their doing.

Can we imagine what would happen to our stock price, if there was a similar press release from say Siemens, then a couple of weeks later from say Sony, followed shortly from say Lockheed Martin…and on and on and on as Billy J said?

Have no doubt TSE’ers, we are going to get to this point…but in the meantime in between time, I’m distracting myself from a growing frustration with my own impatience, by continuing to increase my holding by trading.

Agree mate, coming up on 4 months without any meaningful news.