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Why would he sell at this price. Likely he could have found other financial ways to pay.I can’t say I have seen Sean sell his shares to pay his taxes as yet?
I would be very careful before going down a second strike course of action . Looking at the graph of TAH share price after successfully striking out at their directors has not led to a $ 1.00 share price hot tub gathering.Tech, as you have stated:
" still not expecting any cash receipts/revenue in this closing quarter or next, sorry, but that's my opinion....it's hard to swallow, but that's just how I see things....give it to me if I'm wrong !"
I am also of the opinion, that if there are also no new IP agreements nor increased / meaningful revenue levels entered into by the time the AGM is held, then who know's what the Co's position and outcome will be, given that a "Strike 2" action might / may still be pending.
What's the penalty for insider non-trading?Why would he sell at this price. Likely he could have found other financial ways to pay.
I'm surprised how many people are shocked he has not sold.
He was given 2 million part of his package at 20 cents so say half is tax then he needs to come up with 200 k
He is not a stupid man he I will say that. So say the SP at the AGM is 60 cents will that be a win for him absolutely. And he is genuinely in the belief the SP is bellow real value. I don't want to argue about SP that's dictated by the market be it this or that.
But last year he got shares at 80 cents paid tax selling it would have cost him 800 k to keep all. If you go with the theory at that time the sp may have still been high then no kidding he sold his tax portion.
Today he gets them at 20 cents 4 times cheaper so if say the value of the company IP is somewhere between 20 and 80 lets say 50 cents what would you do finance the tax and keep the shares.
Sean is putting his money in the game I'm surprised many don't see this while your all looking at the flaws and looking to hang a person he quietly put skinning the game. Yes that's putting skin in the game.
My opinion and personal view is do as smart money not as what agenda driven unknown posters vent when mad or are trying to block validated clear news that is interested.
Forget the old past look to the future.
Sean did buy yes at a discount part of his payment but likely he put quite a bit of his money now in the form of tax to me that's confidence that SP is below what the guy that knows all that is happening at BRN.
Getting to keep his shares lol!What's the penalty for insider non-trading?
Not entirely sure myself that it will be a profit split as such.I wonder for how much it will be sold for and how those sale funds will be finally distributed between BRN & VVDN.
VVDN already provide an Edge Box with Nvidia so they will have unique knowledge and experience of EBs in use. They will know what input ports are required as well as the types of models to identify different inputs.Not entirely sure myself that it will be a profit split as such.
The original Ann was that we "engaged" VVDN, "a premier electronics engineering and manufacturing company, to deliver the industry’s first Edge box based on neuromorphic technology."
Implies to me still that we possibly paid for the service and manufacturing and will go to market.
In the latest Ann, VVDN said it "is excited to offer OEMs its experience and expertise in bringing the advanced, transformative technology integrations that meet market needs and eventually help them with faster time to market."
They are offering the OEM their experience and expertise.
Maybe, if VVDN are selling it through their channel to mkt they may get a %. Will be interesting to see how it comes out in the wash though so to speak.
No doubt, as they state that sort of experience in their offering and make sense to engage them.VVDN already provide an Edge Box with Nvidia so they will have unique knowledge and experience of EBs in use. They will know what input ports are required as well as the types of models to identify different inputs.
The first announcement said both would sell it.No doubt, as they state that sort of experience in their offering and make sense to engage them.
Just not sure how BRN are going to structure up the path to mkt yet.
Themselves, with VVDN as well or other resellers that's all.
Cool thanks.The first announcement said both would sell it.
Commercial-in-ConfidenceCool thanks.
So wonder what model they will work under then as @Xray1 pointed out originally.
Reseller, distributor, margin, split etc.
"Or is it another way of getting Brainchip's brand out there in the marketplace?"Does anybody know of Brainchip's expectations with such a box,
Or is it another way of getting Brainchip's brand out there in the marketplace?
Does anybody know of Brainchip's expectations with such a box,
Or is it another way of getting Brainchip's brand out there in the marketplace?
Cool thanks.
So wonder what model they will work under then as @Xray1 pointed out originally.
Reseller, distributor, margin, split etc.