BRN Discussion Ongoing

[supersonic001]

Love this part particularly - NEW Frontier ….

 

[jk6199]

I'm still going to have a drink with management one day.

Unfortunately I can't afford to shout them a drink at these prices, they will have to buy me one.

Least I won't get drunk now!

 

[Xray1]

I assume brainchip will not sign a binding MOU with anyone. To me binding means you have to give some sort of exclusivity, which I assume brainchip will not try to give to anyone.
Dyor

In my humble opinion wouldn't a " Binding " MOU go totally against the intent of having an NDA / NDA's in play ??!!

 

[Shadow59]

I'm still going to have a drink with management one day.

Unfortunately I can't afford to shout them a drink at these prices, they will have to buy me one.

Least I won't get drunk now!

I think that no matter how much you drank, wouldn't matter. The share price is so sobering.

 

[Iseki]

Love this part particularly - NEW Frontier ….

View attachment 46430

except we aren't in orbit are we. we're crashing to earth. we need to hear from PvdM now. We have akida 2. I suggest we stop further development until we get a client with a binding contract and/or investor. Recall the founders immediately. Get rid of the salesforce that came from ARM ( why would a sales person from a chip designer be able to sell MCU's to a sensor maker?) Obviously mistakes have been made, and the BoD need to rectify these. or get out of the way.

 

[Damo4]

Get rid of the salesforce that came from ARM ( why would a sales person from a chip designer be able to sell MCU's to a sensor maker?)

Why would an IP salesman be able to sell IP you say?

 

[Bravo]

I'm not saying anything.

 

[rgupta]

Why would binding mean exclusive?

What will be binding then ?

 

[Mccabe84]

except we aren't in orbit are we. we're crashing to earth. we need to hear from PvdM now. We have akida 2. I suggest we stop further development until we get a client with a binding contract and/or investor. Recall the founders immediately. Get rid of the salesforce that came from ARM ( why would a sales person from a chip designer be able to sell MCU's to a sensor maker?) Obviously mistakes have been made, and the BoD need to rectify these. or get out of the way.

I don’t agree with a lot of this but I would like to hear from management about how things are progressing for the company… an update would be nice..

 

[Schnitzel lover]

I'm not saying anything.

View attachment 46432

View attachment 46435

Can you tell the shorters if they don't self learn soon, they're going to get their heads proverbially ripped off.

 

[Iseki]

What will be binding then ?

Just any signed contract where dollars are paid in consideration for something (eg chips or royalty on IP etc)
Just a purchase order will do: Please provide me with 100,000 akida 1500 chips @ $50 each.

 

[GStocks123]

Out of curiosity. How many Quarters of funding do we’ve left before reaching VA?

 

[Schnitzel lover]

MOU's are non-binding is what I thought was a common understanding.

What I also thought was a common understanding is that any ASX company securing an MOU with a POTENTIAL customer or partner, is announced to the ASX market.

It is still a big deal despite the fact by its very nature is non-binding..

 

[Humble Genius]

I think everyone missed the big picture with our godfather

 

[Schnitzel lover]

Out of curiosity. How many Quarters of funding do we’ve left before reaching VA?

They have at least another 4-5 qtrs. Sean said post-2022 AGM that all options are open for 'further funding' They have 22mill roughly and another 2-3mill to draw down from the LDA deal in 2023.

 

[AI_Inquirer]

MOU's are non-binding is what I thought was a common understanding.

What I also thought was a common understanding is that any ASX company securing an MOU with a POTENTIAL customer or partner, is announced to the ASX market.

It is still a big deal despite the fact by its very nature is non-binding..

Glad they are expanding their presence in the space sector and showcasing Akida's power efficiency. However, EDGX is a microscopic company, making this partnership seem somewhat inconsequential. The ASX might interpret an announcement of the MOU as thinly disguised marketing, which is a no-no. Sharing the news on their social media and website is more appropriate.

 

[JoMo68]

How is it BRN hasn't been able to attract some big US investors to buy shares given they are now equivalent to a lousy dime in USD? It surprises me that some of our partners aren't buying up BRN shares. They more than most would know what Akida is worth.

I wouldn't be surprised if this share price pressure is precisely because of large investors - we know they are accumulating behind the scenes...

 

[Cardpro]

MOU's are non-binding is what I thought was a common understanding.

What I also thought was a common understanding is that any ASX company securing an MOU with a POTENTIAL customer or partner, is announced to the ASX market.

It is still a big deal despite the fact by its very nature is non-binding..

MOU with tiny company worth nothing on paper, at least in the short term...

 

[Vladsblood]

Can you tell the shorters if they don't self learn soon, they're going to get their heads proverbially ripped off.

NO ...I want to see them in a sea of their blood...DROWNING as we rocket upwards!!! PVDM likes space projects so lets get back on the launch pad and prepare for blastoff!! $$$$$ Vlad.

 

[DK6161]

If this is still going to shit in the next few weeks, I am seriously thinking of selling my other stocks to secure some more BRN at extremely low price. I think 10 cents or maybe 7.5 would be a good incentive to go all or nothing. Hmmmm