BRN Discussion Ongoing

[Buckwheat Betty]

Watching it go down down down. I am riding the wave all the way down.don’t know a thing about charting, but all the partnerships and announcements mean nothing without revenue. Still in, because I sold enough shares taking my capital that I placed in during the days of $1 plus.

Was thinking about buying some more, but chucked the money on another stock.

Hope there is a positive announcement or revenue soon.

 

[Iseki]

Once again you have information not available to me if it is a paid subscription service let me know as I will join up so I can have a go at Commsec for breach of the agreement I have with them to provide me with accurate information regarding my holdings. Or admit you have no idea. I will congratulate you on learning that truth brings forgiveness.

Ever so grateful for your assistance.
Kind Regards
FF

Sorry, FF. I don't have, and never have had, any idea.

 

[Bravo]

Here's a must read article IMO from 30 June 2023, which talks about reaching a tipping point where neuromorphic computing concepts may change computing for good. The article contains statements from Marcus Kennedy (GM for Gaming at Intel).

Check out what he had to say just a few months ago below!

So, on the one hand we have Intel admitting they haven't cracked the nut and then we have us on the other hand knowing that WE are the mother of all nut-crackers!

We're on the brink of the biggest changes to computing's DNA and it's not just quantum that's coming

We're not at the tipping point yet, however. The hardware is still nascent and "the thing that we haven't cracked yet is the software."

www.pcgamer.com

 

[HopalongPetrovski]

Same here

Hopefully shorter's will soon be feeling some wrath when this worm turns.

 

[AusEire]

Sorry, FF. I don't have, and never have had, any idea.

That much is clear at least

 

[Fullmoonfever]

From what appears to be a Feb 23 article.

Like to think bodes well for the partnership opps.

VVDN Technologies to invest $100 million to expand its manufacturing facilities

VVDN Technologies has announced its plans of investing $100 million in the next five years, with the aim of expanding its manufacturing facilities to meet growing global demand for electronics. As part of its expansion, the Gurugram-headquartered contractual electronics manufacturer has set-up a...

varindia.com

VVDN Technologies to invest $100 million to expand its manufacturing facilities​

VVDN Technologies has announced its plans of investing $100 million in the next five years, with the aim of expanding its manufacturing facilities to meet growing global demand for electronics. As part of its expansion, the Gurugram-headquartered contractual electronics manufacturer has set-up a new manufacturing facility in Pollachi near Coimbatore, Tamil Nadu, and also opened a new antenna manufacturing facility in Manesar near Gurugram, Haryana.

In a statement, Puneet Agarwal, chief executive of VVDN Technologies said that the company also plans to add fabrication or manufacturing of printed circuit boards (PCBs) to its abilities within the next one or two years, in order to have a full-stack manufacturing facility. According to the press statement, the set of manufacturing facilities that the company has, enables it to add up to 50% of local value in the overall bill of materials (BoM) of a product.

The company presently has testing, mechanical processes, circuit assembly and engineering facilities, which are spread across its six manufacturing facilities in Manesar, and the one facility in Pollachi.

In October last year, VVDN also signed a memorandum of understanding (MoU) with US chipmaker Intel, for building devices with Intel’s 5G and connectivity chip designs. This, according to Agarwal, is part of an expected uptick in demand for device manufacturing, which the company said will also lead to higher export value of its devices.

 

[Pom down under]

ie if there are NDA's then BRN should ask to be released from them.

BRN are the the ones with the NDA’s in place, I’ve always said that and have always believed that.

 

[Schnitzel lover]

Iseki,
1. I appreciate that you have concerns, and in particular about the decline in our share price over time. I have a substantial holding in BRN and I am also concerned about the decline ... but not worried.

2. A lot of shareholders are of the mistaken belief that the company management is responsible for the share price movement up or down. To quote our management - "The share price will do what the share price does." The management's job is NOT to try to manipulate share price up or down. I believe that this would be illegal.

3. I think you may not be fully appreciate the importance of NDAs. Without them we would not have relationships with a lot of major companies that we work with. In part, this is the reason that many contracts are deliberately written to include clauses in which certain conditions have to be met first. After all; in the developmental stage future revenues are unpredictable, and we must support and nurture these relationships in order for them to blossom.

We all hope that the share price will turn around soon. I am looking forward to seeing each new 4C which may herald the return to better share prices. Another 4 or 5 weeks to wait for the next one. lol
Cheers, Deena

Hi Deena,

I am wondering what your thoughts are re: the adoption of Gen 2 Akida..

Are you expecting any new IP licensees this year?

What’s your view on performance of management? And how do you measure that?

If positive, would you be expecting early adopting partners like Valeo, Socionext, Ford, Vorago, Renesas to be producing revenue with Gen 2 by the next AGM?

I’m asking because as we stand, it is difficult to quantify for most retail shareholders based on revenue and number of Licencees of Akida, whether the last 12-18 months performance by management could be considered a success or not..

And based on voting at the last two AGMs, it seems shareholders are growing impatient with our Founder and not unanimously accepting of the remuneration report last year.. There seems to be negative consequences of keeping the status quo if so by the next AGM..

So I’m wondering what gives you confidence that I and others have been unable to sustain? Because the only thing I can really come up with is that you know more than most retail shareholders..

The caveat on that if it were true, having known some people on boards of companies myself, I’m of the opinion that “knowing more” rarely translates to successful outcomes with investing..

Therefore I’m curious as to your research and potential connections giving you more conviction, or have you fallen ill of believing a narrative that to others seems to have too many contrarian red flags to become an eventual success..

I’m just an anonymous poster with an opinion on a chat forum…

 

[Proga]

May not need any IP deal at all if we actually are supplying that gratis or gratis initially with maybe a milestone trigger that when "X" units sold then VVDN agree to purchase a licence from us or Renesas or whoever to continue the product if uptake is solid.

The other side to look at is that the tapeout Renesas did earlier this year was for a 3rd party and maybe, just maybe, it was for VVDN as as such you could be right re the revenue / royalties would flow through them to us.

Another thought is, they have agreed to take the product to market (finally), they may have arranged to pay the licence when it does.

 

[rgupta]

I assume no Ip is required here as it may be a profit sharing formula product.
Dyor

If the chip used in product is akida 1000 or 1500 and vvdn is not modifying anything the product can be made by just buying chips from brn or with a profit (revenue) sharing formula
Dyor

 

[Labsy]

Good luck to you too Skutza.
Never an easy or lightly taken decision I'm sure.
And a call we have all had to make at some time in our investing career.
In the light of known knowns and in the hope of unknown knowns and this ridiculous undervaluation of the share price I am still working sums and financial alchemy to see what other potential gems I can juggle or part with entire, in order too boost my holding further.
They say "don't fall in love with a stock"..................too late I cry.
When we eventually rise from these depths and breathe again the fresh green air, we happy few will drink a toast to those we lost along the way.
Bring It, BrainChip!
GLTAH

Here here HP... 🫵

 

[Fastback6666]

WARNING - Do not look at the sell side!

Highly Manipulated Market! - where did the tens of millions of sellers go once the market closed!

It’s all to scare and force you to sell!

 

[rgupta]

I had no intention of posting today, even though the thesis I put regarding Nvidia being at risk is now playing out, but you have piqued my curiosity.

What is the source of your information that I have sold out and moved on?

I noticed that Tech said the same thing the other day and I thought it was in jest but apparently not so.

Can you provide a link so I can keep up to date with my share trades as it appears I am a trader and I have a developing short term memory problem and Commsec is clearly an unreliable record of my share holdings?

Kind regards
FF.

Thanks a lot FF that is what we were expecting as well
Thanks again for taking time to clear us through even though that was not obligatory for you.

 

[Fastback6666]

Topped up at 20c. Panic is the best time to buy. Saved some $ for further falls that may happen.

Correct.

 

[BaconLover]

Foolhardiness mostly. That, and the gifs.
I'm glad some of us got out in time - FF, uiux, zeebot and others. What fun we had over the years!
But I'm more the bunny in the headlights now, with the odd recollection of inexplicable voting at the AGM's.
Personally I hope Anil takes over. I've pretty much given up on Sean, RobT, and the 100 employees. Move it all to India and start again.
I always loved the idea of what we made, but never thought we had a clue financially.

BRN to the moon! Akida Ballista!

 

[rgupta]

Suddenly the shorts started closing.

 

[Humble Genius]

Suddenly the shorts started closing.

Curious, what was the % shorts about a week ago?

 

[rgupta]

7.4%

 

[BaconLover]

Last time the shorts dropped back this much and this severely, was back in late December 22 (mind you that's when a lot of us were expecting imminent revenue).

The SP just after went form about 0.66 to about 0.82, so about 20% up

Then it was steady decline in the SP, and a steady rise in the shorts again.

Interesting to see how the next 3 to 4 weeks go, for the short levels in particular. 5 weeks until the 4C, pretty sure its going to be donuts again but hopefully we can get a surprise or two before then

I know exactly which pump you are talking about, and guess what happened right at the top of that SP rise?

LDA stepped in

May be just a coincidence.

 

[HopalongPetrovski]

Suddenly the shorts started closing.

Hopefully they've reached the end of their tether.