Share price movement of Brainchip, discussion, The Good The good and the good only.

[DerAktienDude]

Why are you still holding then

Because I’m in the negative by now. We were told that there will be a lot of ip licensing going forward, revenue will outgrow expenses, more early access partners will be revealed and we’re supposed to watch the financials by the end of 2022 latest at the agm 2023.
Out of all these statements nothing eventuated.
When they started to announce some
Of these claims I was doing my bachelors degree. I’ve finished my masters and work full time by now and still none of these claims came to fruition. That’s the actual timeline of things happening at BRN.

 

[DerAktienDude]

I have to step in here.

No funding left - This is incorrect. We currently have 8 quarters of operating money in the bank.

Two years behind our targets and development cycles - Please explain this comment.

1. Might be the language barrier. We have cash reserves but no more funding opportunities except for cap raises.

2. Before significant revenue hits we have to wait at least one more year according to Sean Hehir meaning that we’re approximately two years behind our timeline for revenue coming in

 

[Mccabe84]

Because I’m in the negative by now. We were told that there will be a lot of ip licensing going forward, revenue will outgrow expenses, more early access partners will be revealed and we’re supposed to watch the financials by the end of 2022 latest at the agm 2023.
Out of all these statements nothing eventuated.
When they started to announce some
Of these claims I was doing my bachelors degree. I’ve finished my masters and work full time by now and still none of these claims came to fruition. That’s the actual timeline of things happening at BRN.

Sounds like you could have sold but choose not to..

 

[robsmark]

1. Might be the language barrier. We have cash reserves but no more funding opportunities except for cap raises.

2. Before significant revenue hits we have to wait at least one more year according to Sean Hehir meaning that we’re approximately two years behind our timeline for revenue coming in

We have one more through LDA I believe. Then let’s see what happens with revenue over that period.

Sean is likely not privvy to the progress made by Renesas and Megachips. I suspect they are required to disclose their financial sales figures in order for Brainchip to invoice for IP. As and when is anyone’s guess.

 

[Kachoo]

They'll have to pry them out my dead hands

Yeah no doubt these prices are

We have one more through LDA I believe. Then let’s see what happens with revenue over that period.

Sean is likely not privvy to the progress made by Renesas and Megachips. I suspect they are required to disclose their financial sales figures in order for Brainchip to invoice for IP. As and when is anyone’s guess.

Like Robmark stated we have about 8 quarters of funding 29 million this includes this quarter.

1. Then we have Renesas taping out Akida for a customer that will be revenue.

2. We have Megachips offering Akida on there US website.

3. Quite a lot of other activity going on with Valeo Merc, Arm, and much more I can't remember of the top of my head.

This will Likely result in revenue over the next year which will add additional funding to the 8 quarters so I feel BRN is in a good financial position.

There is sure a lot of miss information on these boards lately on funding and other issues that clearly is just trying to manipulate a person to their agenda.

Let's come back and have a chat inn5 to 6 months and see how BRN is doing.

Not directed at you Rob.

 

[SebThatGermanChap]

Anyone else getting a weird shade of red?

 

[Damo4]

Anyone else getting a weird shade of red?

View attachment 38944

Yeah it's glitched out on Commsec too

 

[robsmark]

Very average. There was no reason to drop today. Clearly we will not turn this ship around without revenue and contracts.

 

[Kachoo]

Very average. There was no reason to drop today. Clearly we will not turn this ship around without revenue and contracts.

The Gap needed to be filled lol

 

[robsmark]

What about the gap at $2? Whets that going to get filled?

 

[Wags]

What about the gap at $2? Whets that going to get filled?

anyday now hopefully bud, anyday, haha.
all this talk of no $$ this qtr, but I still blindly believe surprise payments from mega chips or renansas
anyhoo, this qtr or 2024 2025, sure as shit, with the patents and partnerships, it'll happen.

 

[Kachoo]

What about the gap at $2? Whets that going to get filled?

Well based on my research I think it less then 5 months away! Ha ha

Seems like a lot Nueromorphic products and leads point to a release end of 2023 start of 2024. The cycle of products should be out soon.

Megachips is selling Akida on there distributor.

Renesas will soon be marketing their chip.

Add the possibility of Valeo and Merc for year end and you have some exciting things going on.

 

[Kachoo]

anyday now hopefully bud, anyday, haha.
all this talk of no $$ this qtr, but I still blindly believe surprise payments from mega chips or renansas
anyhoo, this qtr or 2024 2025, sure as shit, with the patents and partnerships, it'll happen.

I'm not sure on revenue this quarter. But I do believe the price of the stock has bottomed. There are too many hawks circling to jump in below 30 cents IMO so I do not think it will drop on the quarterly. IMO.

 

[Zedjack33]

I'm not sure on revenue this quarter. But I do believe the price of the stock has bottomed. There are too many hawks circling to jump in below 30 cents IMO so I do not think it will drop on the quarterly. IMO.

Agreed. No revenue we will drop, but my bet is the last drop.

So for me, I’ve got coin ready for next quarter.

 

[Kachoo]

Agreed. No revenue we will drop, but my bet is the last drop.

So for me, I’ve got coin ready for next quarter.

I think you miss understood I don't think we will drop. You and many many are waiting on the sideline expecting the drop. This is why it's not going t o happen. The market hurts more then it gives to. This is my opinion.

I'm not trying to sway your trading plans just stating my general opinion.

Best of luck Mate!

 

[Esq.111]

Good Afternoon Chippers,

Tunes.....

Pressently listening to ... not to shabby.

Enjoy.



Regards,
Esq.

 

[gilti]

30 trades this morning of "marketable parcels" ie over $500 out of 116.
75% of all trades today have been bots dicking about with our company.
this is bollocks and should be illegal.

 

[gilti]

now 109 of 546 trades are more than $500
thats 20% so 80% of trades are now manipulation
its getting worse

 

[Damo4]

4 trades within a second, all for 1 unit each is wild

 

[Frangipani]

4 trades within a second, all for 1 unit each is wild

View attachment 41780

While I don’t want to imply there is no manipulation going on (oh, there absolutely is!), how does it make sense manipulation-wise if those single digit transactions are not moving the share price?

I would have expected a one unit transaction to move the share price from let’s say 0.375 to 0.37 or lower, possibly triggering stop losses which in turn will make it easier to drive the sp even lower with another single digit transaction. So what sense does it make to program the bots to machine-gun-fire-bid for an unchanging share price instead of incrementally lowering it? (Or boosting it - obviously this would work in both directions.)

Same thing here - the one unit transaction did not move the share price one bit.

I just can’t get my head around this. Or am I missing something?