BRN Discussion Ongoing

[HopalongPetrovski]

My opinion for what it is worth...

The BOD needs to convince us, the shareholders, that domiciling in the US is the right move.

If they fail to do so, we will NOT approve.

Does the BOD really believe we’ll trust them based on empty promises alone, ahead of the approval timeframe?

Once bitten, twice shy.

I think we need more than vague assurances.

I strongly suspect the BOD has something up their sleeve. Why else would they be recommending such a manoeuvre?

No one would attempt a move like this without some level of confidence in future deals or strategic advantages, as doing otherwise would be sheer recklessness IMO.

Yeah. Let's hope so and that they will be at liberty to lay it out for us.
Problem is, if the board recommends this course of action as the way forward, and it gets voted down by retail holders, where does that leave us? These are the people we have in place to both steer and run the company.
If we voted this down, it is in effect a huge vote of no confidence in them, either leaving them disheartened and probably just going through the motions or requiring a board spill and replacement, probably including Sean which would effectively leave us rudderless for some period and potentially crashing the Company for good.
Not trying to be Captain Doom here but the idea of starting again with a replacement leadership team gives me the willies.

 

[DK6161]

You are being an ass DK161

Calling a spade a spade mate. If you say you have been invested since 2015, it falsely implies that you are fully committed to the company and will never sell.
That was obviously not the case for jla.
People get cranky when they get exposed for who they really are (i.e. day traders).

 

[DK6161]

My opinion for what it is worth...

The BOD needs to convince us, the shareholders, that domiciling in the US is the right move.

If they fail to do so, we will NOT approve.

Does the BOD really believe we’ll trust them based on empty promises alone, ahead of the approval timeframe?

Once bitten, twice shy.

I think we need more than vague assurances.

I strongly suspect the BOD has something up their sleeve. Why else would they be recommending such a manoeuvre?

No one would attempt a move like this without some level of confidence in future deals or strategic advantages, as doing otherwise would be sheer recklessness IMO.

The only way it will convince us to vote yes is to reveal a substantive contract with a top tier company / organisation.
That, and a commitment that shareholders will be guided through the whole process of redomiciling to the US. At the moment investors relations is a joke!

 

[Guzzi62]

Yeah. Let's hope so and that they will be at liberty to lay it out for us.
Problem is, if the board recommends this course of action as the way forward, and it gets voted down by retail holders, where does that leave us? These are the people we have in place to both steer and run the company.
If we voted this down, it is in effect a huge vote of no confidence in them, either leaving them disheartened and probably just going through the motions or requiring a board spill and replacement, probably including Sean which would effectively leave us rudderless for some period and potentially crashing the Company for good.
Not trying to be Captain Doom here but the idea of starting again with a replacement leadership team gives me the willies.

That would be an absolute disaster if the whole board left.

The coming AGM will be extremely important and interesting for everyone involved in any capacity.

They will have to convince shareholders on that meeting on the re-location, but considering what they said on the last one, they will have a hard time, because so far, empty promises!!

A couple of good IP deals before the meeting will go a long way to soften shareholders up a bit.

But despite all the negativity, I really hope a lot is going on behind the scenes, positive things.

 

[Labsy]

Even the staunchest cult-affiliate would be starting to worry now...
I must concede my faith has dwindled away over the last few years.
It feels like we are failing. I hope I am wrong though or my wife will kill me lol.

Did someone say "Staunch cult-affiliate"?
At your service....
Nah, just an opportunity....

 

[Beebo]

Im almost certain we are Nasdaq bound.
The Nasdaq is a three tiered exchange: Nasdaq Capital, Nasdaq Global, and Nasdaq Global Elitr.
We land on Nasdaq Capital exchange with the least stringent requirements.
BRN NEEDS TO BE IN THE US for all the exciting news to come.

Let’s GO!
#ditchASXnow

 

[FiveBucks]

Yeah. Let's hope so and that they will be at liberty to lay it out for us.
Problem is, if the board recommends this course of action as the way forward, and it gets voted down by retail holders, where does that leave us? These are the people we have in place to both steer and run the company.
If we voted this down, it is in effect a huge vote of no confidence in them, either leaving them disheartened and probably just going through the motions or requiring a board spill and replacement, probably including Sean which would effectively leave us rudderless for some period and potentially crashing the Company for good.
Not trying to be Captain Doom here but the idea of starting again with a replacement leadership team gives me the willies.

For me, the issue is that the domiciling announcement came off the back of another terrible report with very little positive commentary from the company.

If they had come out in the report and stated that prior to domiciling, we are anticipating on closing between 5-10 IP deals, or something to that effect, I'm sure that we would all be less concerned.

Right now, we are all shit scared that no more deals will be done prior to the us listing and we are all staring down the barrel of consolidation.

 

[DingoBorat]

I'm going to throw a few potentially crazy, not well thought out ideas, here..


The MegaChips IP Licence, affords "protection" and anonymity, from companies both using our IP directly through them and buying licences from them (which we know from at least one or two secured that way, through a quarterly report).

Hence Sean's now infamous..
"Watch the Financials"
Which to be fair, was before Russia invaded the Ukraine and the Worldwide economic downturn, which ensued.


Why can't a full licence be sold, or "arranged" with a similar "Umbrella" Company as MegaChips, in the US?
This would afford the same protections, of not having to report sensitive dealings, with the ASX, wouldn't it?..


Also, what about forming a fully owned subsidiary, in the US, for the same purpose?
I'm not sure of the ins and outs of that, but I know there would obviously be additional running costs involved (but it could be basically a skeleton company?)
This could also take advantage of any US based incentive schemes.


Thirdly and probably what may be my least popular idea..
What about just delisting from the ASX and running privately, until such time as the Company was "strong enough" to list on the NASDAQ?

A share trading platform can still be setup (we could get @zeeb0t to do it ) and this would eliminate shorters and ASX trading algorithms altogether.
Any additional cash needed, would also have to be raised privately.

As long as there was still a "market" for the shares, they would still have increasing/decreasing value, as assigned by supply and demand, dictated by the Company's progress and performance.

Shorting and manipulation of the stock of private companies is still possible, but not as easy or fluid, as cesspits like the ASX.
Also, very large valuations, can also be propelled by shorters and having the stock less available to trade, could deter investment.


Just ideas okay

 

[Beebo]

I'm going to throw a few potentially crazy, not well thought out ideas, here..


The MegaChips IP Licence, affords "protection" and anonymity, from companies both using our IP directly through them and buying licences from them (which we know from at least one or two secured that way, through a quarterly report).

Hence Sean's now infamous..
"Watch the Financials"
Which to be fair, was before Russia invaded the Ukraine and the Worldwide economic downturn, which ensued.


Why can't a full licence be sold, or "arranged" with a similar "Umbrella" Company as MegaChips, in the US?
This would afford the same protections, of not having to report sensitive dealings, with the ASX, wouldn't it?..


Also, what about forming a fully owned subsidiary, in the US, for the same purpose?
I'm not sure of the ins and outs of that, but I know there would obviously be additional running costs involved (but it could be basically a skeleton company?)
This could also take advantage of any US based incentive schemes.


Thirdly and probably what may be my least popular idea..
What about just delisting from the ASX and running privately, until such time as the Company was "strong enough" to list on the NASDAQ?

A share trading platform can still be setup (we could get @zeeb0t to do it ) and this would eliminate shorters and ASX trading algorithms altogether.
Any additional cash needed, would also have to be raised privately.

As long as there was still a "market" for the shares, they would still have increasing/decreasing value, as assigned by supply and demand, dictated by the Company's progress and performance.

Shorting and manipulation of the stock of private companies is still possible, but not as easy or fluid, as cesspits like the ASX.
Also, very large valuations, can also be propelled by shorters and having the stock less available to trade, could deter investment.


Just ideas okay

Dingo! Going private means you get bought out at today’s price I know you wouldn’t want that.

 

[DingoBorat]

Dingo! Going private means you get bought out at today’s price I know you wouldn’t want that.

Bought out by who exactly?
The Company is still worth 425 million AUD at yesterday's close.

Going private doesn't mean the Company gets bought out, as far as I know.

I've had a company go private before (9SP) and was not bought out.
I don't have a clue what they're doing now, but haven't checked to be honest.
There was a huge consolidation and refunding there, from memory though..

 

[Beebo]

Bought out by who exactly?
The Company is still worth 425 million AUD at yesterday's close.

Going private doesn't mean the Company gets bought out, as far as I know.

I've had a company go private before (9SP) and was not bought out.
I don't have a clue what they're doing now, but haven't checked to be honest.
There was a huge consolidation and refunding there, from memory though..

It means an entity has to purchase ALL outstanding shares. You get paid for the shares you own now, and you are out of the game.

 

[DingoBorat]

It means an entity has to purchase ALL outstanding shares. You get paid for the shares you own now, and you are out of the game.

No, that's not what it means.

Google Search

"If a company's stock is delisted from an exchange, shareholders still own their shares in the company, but the stock may trade over-the-counter, which could lead to decreased liquidity and less transparency for investors

Google about it..

 

[DingoBorat]

No, that's not what it means.

Google Search

"If a company's stock is delisted from an exchange, shareholders still own their shares in the company, but the stock may trade over-the-counter, which could lead to decreased liquidity and less transparency for investors

Google about it..

It can happen as you state, but it doesn't "have" to be done that way, is my understanding..

 

[DingoBorat]

It means an entity has to purchase ALL outstanding shares. You get paid for the shares you own now, and you are out of the game.

If the Company "has" to purchase all shares, then how do I still have shares, albeit heavily consolidated, in 9Spokes, formerly 9SP on the ASX?..

 

[CHIPS]

Bought out by who exactly?
The Company is still worth 425 million AUD at yesterday's close.

Going private doesn't mean the Company gets bought out, as far as I know.

I've had a company go private before (9SP) and was not bought out.
I don't have a clue what they're doing now, but haven't checked to be honest.
There was a huge consolidation and refunding there, from memory though..

I sure hope not because I am now dark red, -39% after the last days' disaster.
Do not forget others who bought much later than you when making crazy plans.

 

[Beebo]

If the Company "has" to purchase all shares, then how do I still have shares, albeit heavily consolidated, in 9Spokes, formerly 9SP on the ASX?..

Dingo. Let’s not dwell on this too long. I was originally replying to your comment “going private”.

I’m a yankee and want the best for my BRN shares, and just know listing in the US is a great path forward!

 

[DingoBorat]

Dingo. Let’s not dwell on this too long. I was originally replying to your comment “going private”.

I’m a yankee and want the best for my BRN shares, and just know listing in the US is a great path forward!

It's a great path forward if the Company is performing strongly and is profitable.

It is not a great path forward, if there has to be massive consolidation and no guarantees of performing, once listing.

There will also likely be a sizable dilution on listing, added to the fact of the price being manipulated, to a less favourable conversion ratio, for existing holders, pre-consolidation.

 

[Frangipani]

An IT association based in the Ukrainian city of Chernivtsi organised the AI Hills Conference that took place there on Saturday and brought together over 200 participants interested in AI.

Since one of the invited speakers happened to be a gentleman presenting on neuromorphic chips, I decided to have a closer look at the uploaded conference pictures and video, since we’ve known for over a year that Ukraine-based Data Science UA has been playing around with Akida. And bingo - the speaker did indeed represent Data Science UA!



View attachment 76893



View attachment 76894

AI Hills Conference . Chernivtsi IT Cluster

AI Hills Conference

www.it-cluster.cv.ua

View attachment 76889

03 – Google Drive

View attachment 76890

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According to my Google Lens translation, Ilya Babichev started out talking about the advantages and disadvantages of neuromorphic chips in general - the disadvantages being that precision-wise, they have yet to prove themselves more accurate than the “classic” (= von Neumann) architecture, that the software for NC has not yet caught up with the hardware and that well-defined performance benchmarks were still missing.

After introducing AKD1000, he listed at least three different use cases, namely drone detection (obviously a very important real life use case in 2025 Ukraine!), keyword detection and recognition of surface types, such as identifying areas of soil suitable for planting crops with the help of a quadcopter, in areas where forest fires and deforestation have resulted in land that can be repurposed for agriculture.

AI helps reforestation with quadcopters and Akida chips | Aleksandra Boguslavskaya posted on the topic | LinkedIn

Reforestation with AI🌲🤖 As environmental concerns rise, forest fires and deforestation continue to threaten our green cover. Some studies show a global rise in wildfires, with the UN Environment Programme predicting an increase of up to 14% by 2030, 30% by 2050, and 50% by the end of the...

www.linkedin.com

 

[GeorgHbg]

I have found this article from the Telekom Germany an there new KI Smartphone. I´m not sure if this could have Akida inside.

Partnername are: brain.ai and Qualcomm. Maybe the smart guy can take a look an see, if there is a possibility.

KI-Phone: Telekom will Smartphones von Apps befreien

Beim MWC zeigt die Telekom ein visionäres Telefonkonzept. Ein KI-Assistent übernimmt alle Aufgaben und kümmert sich um die Details.

www.telekom.com

We Build Computers That Think | Brain Technologies, Inc.

Brain organizes the world's software and make it natural to use.

brain.ai

sorry if posted already.

Greetings from Germany.


Deutsche Telekom is launching its own smartphone on the market, where users no longer need to access apps thanks to a voice assistant equipped with artificial intelligence (AI). “It's an app-free experience,” says Deutsche Telekom Chief Technology Officer Claudia Nemat about the ‘AI Phone’, which is a further development of the Group's own T-Phone and is to be presented today at the MWC mobile communications trade fair in Barcelona.

Nemat presented the idea a year ago as a “design concept”. The device is now largely finished - after final technical work, it is set to go on sale in the second half of the year.

With the AI phone, the user touches the display and can then speak to the AI assistant, which uses the AI search engine Perplexity. “Based on the user's voice commands, the AI assistant can start calls, write emails, make calendar entries, order a cab or provide information on the display about good restaurants nearby or make suggestions for suitable gifts,” says Nemat. The AI assistant can also display directions or translate photographed documents. Podcasts could also be easily created.

 

[Frangipani]

#brainchip #engineering #technology #ai #artificialintelliegnce | Wevolver

The rapid rise of IoT adoption has led to a surge in cyber threats, with over 112 million IoT devices attacked in 2022 and a 400% increase in IoT malware within a year. Traditional AI security solutions struggle in edge environments due to high power and resource demands. Neuromorphic AI...

www.linkedin.com

Article commissioned by BrainChip and published on Wevolver today:

Smarter Security at the Edge: Reducing SWaP Demands with Neuromorphic AI

Discover how BrainChip’s Akida 1000, powered by neuromorphic AI, delivers real-time anomaly detection, ultra-low power consumption, and localized processing to protect critical industries.

www.wevolver.com