BRN Discussion Ongoing

[buena suerte :-)]

Those that don't see the current share price as a bargain, are timid fools in my opinion.

Can they push it down further? Sure.
Are they actually getting the "real" churn they really want? I don't know.

Do they play the game both ways? Of course.

But in all honesty, I don't think they like "us" buying at these prices.

There has been regret in holding BRN all the way down, but is AKIDA a failure?

I think there will be more regret in the near future, not buying, or having the means to buy more at these prices.

Of course, do not buy, what you can't afford to hold, because nobody knows how long this shit storm will last..

But it won't last forever.

Obviously not financial advice, but in the theme of speeches, don't be a coward.

"I think there will be more regret in the near future, not buying, or having the means to buy more at these prices."(DB)

I totally agree DB ...

As this latest pill that we are all digesting is an extremely bitter one ..I have tried to sweeten it a bit by taking full advantage of this huge buying opportunity and topping up with some big parcels (and again next week hopefully!?) For me I am averaging which goes against my normal trading patterns, but I personally think it's the correct decision! (My opinion only!).

Just one............. POWER ANNOUNCEMENT!


Have a great weekend Chippers ...... 35degs here in Perth today...Pool and a few bevs today me thinks....

Cheers

 

[thelittleshort]

The other photo of our new best friends.
View attachment 46513

The following people who liked Nick Destrycker’s post also follow BrainChip directly

Three European Space Agency employees, specialising in on-board data and one from SEFAR, specialising in situational awareness for shipping vessels

 

[buena suerte :-)]

Hey Vlad,

I respect your input too mate, and hope you’re well.

I think having a seasoned board is what will prevent us listing on the Nasdaq. I believe they know full well what happens to premature listings which is why the company has stamped out any whispers of the relisting as soon as they start.

I hope you’re right about accelerated revenue, I’m ready to start seeing it!

Cheers

Too true robsmark...

To enter the arena with the Big Dogs on the Nasdaq would be a disaster at the moment,(chewed up and spat out) until we have proven huge sales and large revenues streaming in we will stay well away!!!! In reality I think it might be 2025/2026 before that bridge is crossed!

Hoping for a better week ahead!

Cheers

 

[buena suerte :-)]

The other photo of our new best friends.
View attachment 46513

Very nice boab....

 

[rgupta]

"I think there will be more regret in the near future, not buying, or having the means to buy more at these prices."(DB)

I totally agree DB ...

As this latest pill that we are all digesting is an extremely bitter one ..I have tried to sweeten it a bit by taking full advantage of this huge buying opportunity and topping up with some big parcels (and again next week hopefully!?) For me I am averaging which goes against my normal trading patterns, but I personally think it's the correct decision! (My opinion only!).

Just one............. POWER ANNOUNCEMENT!


Have a great weekend Chippers ...... 35degs here in Perth today...Pool and a few bevs today me thinks....

Cheers

I believe in Buffet's famous quote "when everyone is fearful be greedy"
So if you believe in company then it may be a good time to become greedy.
Dyor

 

[rgupta]

I believe in Buffet's famous quote "when everyone is fearful be greedy"
So if you believe in company then it may be a good time to become greedy.
Dyor

I may be wrong when I start buying at $1 but I will not be wrong if I buy the same stock @15 cents.
If I am wrong at both the times that means I am not worth investing !!

 

[buena suerte :-)]

I believe in Buffet's famous quote "when everyone is fearful be greedy"
So if you believe in company then it may be a good time to become greedy.
Dyor

"So if you believe in company" (rgupta)

I really do believe in BRN!! ......as I said in a previous post my blood type is BRN positive

Cheers

 

[Meatloaf]

Hello All
I was hoping someone could shine a light on a query I have.
First of all, I’m not bothered about the SP falling, I know that there’s a lot of manipulation going on atm. I have been accumulating in small parcels as the price has dropped. To me it’s a golden opportunity.
However, on crapper, a lot of down ramping is going on and in reference to Brn having funding only for a few more quarters and then will require a CR. I know that revenue might come into play but it probably won’t be enough to cover overheads.
With the SP currently at 15 cents and quarterly results due soon, it is quite possible that revenue would not have increased by much unless contracts are signed. The fact that no announcements have been made probably indicates no new contracts.
A quarterly report indicating no increase revenue will impact on the SP further and possibly driving the SP down to single digits.
So my question is:
How financially stable are Brn atm?
If Brn do require a CR it would mean more diluting of shares?

I know that in the long run Brn will achieve its revenue goals but shorters will take full advantage and this could put Brn in a very vulnerable state.

Keen to hear your thoughts. These are genuine questions which I’m hoping someone can give me genuine answers.

 

[Rskiff]

"So if you believe in company" (rgupta)

I really do believe in BRN!! ......as I said in a previous post my blood type is BRN positive

Cheers

Some here have blood transfusions and change to Oh negative

 

[rgupta]

Hello All
I was hoping someone could shine a light on a query I have.
First of all, I’m not bothered about the SP falling, I know that there’s a lot of manipulation going on atm. I have been accumulating in small parcels as the price has dropped. To me it’s a golden opportunity.
However, on crapper, a lot of down ramping is going on and in reference to Brn having funding only for a few more quarters and then will require a CR. I know that revenue might come into play but it probably won’t be enough to cover overheads.
With the SP currently at 15 cents and quarterly results due soon, it is quite possible that revenue would not have increased by much unless contracts are signed. The fact that no announcements have been made probably indicates no new contracts.
A quarterly report indicating no increase revenue will impact on the SP further and possibly driving the SP down to single digits.
So my question is:
How financially stable are Brn atm?
If Brn do require a CR it would mean more diluting of shares?

I know that in the long run Brn will achieve its revenue goals but shorters will take full advantage and this could put Brn in a very vulnerable state.

Keen to hear your thoughts. These are genuine questions which I’m hoping someone can give me genuine answers.

I may not be the right person to answer your question, but looks like brainchip have funding for 4-6 quarters. Then by Dec 23 renasas will launch their chip with akida inside. There is high possibility megachips will also start giving some royalties with in 4-6 quarters. 1 year can be a good time for BRN to sign new contracts with akida 2.
So on the whole if the revenue is not getting through in next 4 quarters that will mean we overestimate our investments. But if renue of 2 million to 5 million start flowing through per quarter the sp will improve and even if we need a capital raise dilution will be minimum. On the other hand if revenue of 5-10 million start coming per quarter by then that will mean we may not need a capital raise at all.
End of the day no investment comes without a risk but investing at lower prices reduces those risks.
Dyor

 

[Meatloaf]

I may not be the right person to answer your question, but looks like brainchip have funding for 4-6 quarters. Then by Dec 23 renasas will launch their chip with akida inside. There is high possibility megachips will also start giving some royalties with in 4-6 quarters. 1 year can be a good time for BRN to sign new contracts with akida 2.
So on the whole if the revenue is not getting through in next 4 quarters that will mean we overestimate our investments. But if renue of 2 million to 5 million start flowing through per quarter the sp will improve and even if we need a capital raise dilution will be minimum. On the other hand if revenue of 5-10 million start coming per quarter by then that will mean we may not need a capital raise at all.
End of the day no investment comes without a risk but investing at lower prices reduces those risks.
Dyor

Thanks mate.
There’s a lot of scaremongering going on over there, I know that is all part of the tactic but it got me thinking.
I hope what you stated is correct, it puts my mind at ease.

 

[Boab]

At the 30th June 2023 we had 5 quarters

 

[Townyj]

At the 30th June 2023 we had 5 months
View attachment 46523

5 Quarters...

 

[Meatloaf]

At the 30th June 2023 we had 5 months
View attachment 46523

Your saying 5 months but it states 5 quarters

 

[Meatloaf]

5 Quarters...

Looks like we were typing at the same time

 

[Boab]

5 Quarters...

OOPs my bad now edited

 

[Townyj]

OOPs my bad

Did you just come from the HC dark side... lol kidding.. joshing ya

 

[HopalongPetrovski]

Hey Vlad,

I respect your input too mate, and hope you’re well.

I think having a seasoned board is what will prevent us listing on the Nasdaq. I believe they know full well what happens to premature listings which is why the company has stamped out any whispers of the relisting as soon as they start.

I hope you’re right about accelerated revenue, I’m ready to start seeing it!

Cheers

Whilst I see a Nasdaq listing/ dual listing as inevitable given the success we all ultimately expect, I too hope it’s not undertaken prematurely.

Being thrust into the ASX200 on the back of the over enthusiastic MB announcement without adequate and ongoing revenue or follow up news of similar market perceived import has left us open to unprecedented short attack and share price manipulation.

It’s a ride I could have done without, and though it has taught me some refinement in my trading/investing strategies its an experience I’m not keen to repeat.

I’d like to see us progress as fast as possible whilst continuing building a team that can sustain the momentum without getting burned out in the process.

So let’s build our way back into the 200 and learn the fundamental lessons of survival there before we launch ourselves into where the big boys play.

 

[Guzzi62]

Yes we need to up-list in the US asap, agreed.

The institutions are not allowed to trade OTC stocks in the US so very little is going on there.

From Investopedia:

While many financial institutions are prohibited from trading penny stocks, loosely regulated hedge funds have no such restrictions. That said, most hedge funds won't trade penny stocks on the long side: They far prefer short-selling penny stocks that look to have peaked after being heavily promoted. Penny stocks, although they often do indeed trade for mere pennies, can still be exceedingly dangerous to short because of the risk of a short squeeze. So while the risk-reward payoff for shorting a penny stock is too skewed (i.e., offering a limited reward if the short strategy works and unlimited risk if it doesn't) to be worthwhile for an average investor, the strategy may entice a deep-pocketed hedge fund.

Who Actually Trades or Invests in Penny Stocks?

Although penny stocks are highly speculative, millions of people trade them daily.

www.investopedia.com

My post was written in great haste.

Obviously no way to up-list as a 10 cent stock on the US OTC, we need some IP deals and preferable from one or two of the really big players, Alkida2.0 could be the ticket.

A reverse-split can be necessary with the very high amount of outstanding shares but it would best to avoid it if possible as explained in the link below.

My average on my shares are 0.7 Aus$ so I am deep deep in the red but pointless selling now and I believe in what we got here.

I also believe in the management, Sean's 5 year plan and partners are steadily building up which indicates great interest in the Alkida products capabilities.
Apart from the 2 inventors of the chip, I am mostly impressed by Duy-Loan Le, the lady is super smart and have done her own chip designs before, she knows exactly how Alkida works. Do you think she would join BrainChip if she wasn't impressed? No off-course not, she can pick and choose whom she want to join.

Doubt anything will happen this year, next year we should see some increasing sales but I think 2-3 years out is where things will really take off.
I am retired so can't really buy more shares but I am trying to find funds so I can add just a bit more while they are dirt cheap.

All IMHO

Reverse Stock Split: What It Is, How It Works, and Examples

A reverse stock split consolidates the number of existing shares of corporate stock into fewer—and proportionally more valuable—shares.

www.investopedia.com

Thanks for some really good posts from some very smart people.
No thanks to the posters that just complain all the time, if you are not happy, I suggest you sell and move on.

 

[Kachoo]

Looks like we were typing at the same time

And keep in mind if some revenue starts trickling in a few million a quarter in q4 onto next q1 it will probably be lumpy and grow.

The lack of revenue in q1 q2 was a result of customers shelving putting off Akida 1000 work for 2.0.

It's highly probable that the early access 2.0 people were also engaged previously so they would have needed limited help. So things now have picked up and I would bet that we will see an increase in Engineering revenue going forth plus some possible royalty in q4 that is a big if in my m i nd it could go in q1

So if we have about a 5million burn rate and we average 2 million a quarter then its like 3 million q off the books makes out balance good for 6 or 7 quarters plus we should grow more revenue over that 2ish year time line. So its not as dire as they make it out to be. The HC has an adgenda t o strip as many cheap shares as possible its really crazy atm we will see what happen this is my opinion bimut clearly its not as dire as its made out to be. Oh and we have VVDN boxes comm ijng up for sale in q1 so that should add t o the kitty as things move forth also.

We could start seeing revenue from Scala 3 if they are using Akida the research shows an extreamly optimistic view here the order was do over 1 billion euros worth of units. Even if we got 1 percent of that revenue it be 15 million right there. S ok it's quite possible that we will not see any more CR other then the 3 million they are still obliged to raise buy the end of the year. All this is my opinion.