DingoBorat
Slim
YEAHH THAT’S RIGHT!!!! NO MORE WOOORDS!! WHAT DID THEY DO FOR US EXCEPT OF BUILDING STREETS???
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They have not been the "Romans" to us, as of yet
YEAHH THAT’S RIGHT!!!! NO MORE WOOORDS!! WHAT DID THEY DO FOR US EXCEPT OF BUILDING STREETS???
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To be honest mate i care less about your 500k shares and more about the the billion or so shares held by Australians in Australia andI’m certain you will turn into a liquid ‘Yes’ when you realize folks like me who own over 500K BRCHF cannot vote a single share at AGMs because I’m not an ASX holder…and millions like me don’t care to buy an ASX listed equity.
We NEED better exposure to US investor base. The Australian investor base has been exhausted…pooped…jaded!
Moving to a US exchange is GOOD BUSINESS + way better value for stock holders…and, sure, a little inconvenience to ASX holders.
Chin up!
#Nasdaqbound
You can’t guarantee that, no one can.I’m certain you will turn into a liquid ‘Yes’ when you realize folks like me who own over 500K BRCHF cannot vote a single share at AGMs because I’m not an ASX holder…and millions like me don’t care to buy an ASX listed equity.
We NEED better exposure to US investor base. The Australian investor base has been exhausted…pooped…jaded!
Moving to a US exchange is GOOD BUSINESS + way better value for stock holders…and, sure, a little inconvenience to ASX holders.
Chin up!
#Nasdaqbound
They didn't sell the 40 million shares to LDA at 50 cents a share.I’m still clinging to my “glass half full” scenario. WHAT IF since Jan 1 BRN has received significant royalties from Renases and Megachips. The BoD know this even if we don’t see it yet. Based on this significant revenue they know that the share price will jump up a LOT when it’s revealed in the quarterly report which will be out before the AGM so it will soften the blow. It’s also the reason they sold 40m shares cheap to LDA at 50 cents a share. LDA won’t sell at a loss, they will want profit. The BOD looking at the revenue have thought “wow, we are seriously going to outgrow the ASX so let’s start thinking about moving to USA. No consolidation of shares needed as the share price is predicted to already be high enough…….. well that’s my dream anyway. DYOR.![]()
Why is it that we cannot sell Skida to data centres. Years ago it was stated that we could reduce power by 90%. Surely any data base would be willing to reduce their power costs.I see our mates at Quantum Ventura picked up another cyber SBIR late last year.
Wonder if we will be featured in part of the solution?
Cyber Threat Hunter
Amount: $149,850 Topic: MDA241-003
This Phase I effort investigates Artificial Intelligence (AI) and Machine Learning (ML) solutions to enhance MDA Defense Industrial Base (DIB) Cyber Risk Management (DCRM) Operations. AI/ML solutions detect and help defeat evolving and expanding cyber risks and threats.
This has advantages over traditional rule based systems and role based access control. Current solutions are brittle in the face of emerging threats. AI/ML systems, on the other hand, are able to learn patterns in new threats. In Phase I, Quantum Ventura will adapt existing Technology Readiness Level (TRL) 4+ ideas for AI/ML solutions to detect and recognize cyber threats. AI/ML systems include clustering algorithms, deep learning and transformer-based models.
Work will investigate applying these technologies to detect and thwart cyber threats in MDA DIB. If successful in Phase II, the technology can be optimized and demonstrated outside of a proof of concept. Approved for Public Release | 24-MDA-11906 (16 Sep 24)
Tagged as:
SBIR
Phase I
2024
DOD
MDA
Wow. Thanks dingo but now I’m super confusedThey didn't sell the 40 million shares to LDA at 50 cents a share.
The Company (us) has an obligation through LDA, to raise 20 million AUD before June or July "next" year (the number of shares required to do that, doesn't come into it).
LDA are given this 40 million shares to sell on market and whatever "they" make, they have to pay us the 91.5% or whatever it is (and that then comes off the 20 million AUD obligation).
At least that's "my" basic understanding of how it works.
If they knew there was going to be a great quarterly, they would have timed the LDA deal to happen "then".
Ment to say Akida. My fat fingers.Why is it that we cannot sell Skida to data centres. Years ago it was stated that we could reduce power by 90%. Surely any data base would be willing to reduce their power costs.
AkidaWhy is it that we cannot sell Skida to data centres. Years ago it was stated that we could reduce power by 90%. Surely any data base would be willing to reduce their power costs.
Someone is feeding them info......One thing for sure whenever shorts become active brainchip have a news or two to support them. Like last time when they started their act , Antonio told us sp will do what it has to do. Then we are out of asx 200 and pressure build on holders, shorters close some positions, then again company make a credit raise and more than 2% shorts closed their position in a day. But Sean was telling us new institutions investors will be on board after this CR.
Now they increased their activity since last month and we got that unnecessary news of Anil no more a substantial holder even the same news was given in 2023, there was a lot of pressure on sp and then come out annual report, no one was expecting more than what they told us but accompany that with another on market sell off of 40 million shares and a plan to redomicile to US without any plans, how it will be materialized.
So all these circumstances I can only hope team brainchip is on our side and not the other way around.
Hope sustains life, but think rationally why they cannot find anyone better than LDA all the times?, do we need the same CFO without getting through any better financial deals? Matter of fact we are paying our CFO more than a million dollars in salary with a revenue of less than .4 million, with a work force of less than 70 persons and all the times making mistakes on asx announcements.
I think without a result we may need to change the whole team brainchip.
Dyor
I expect to see at least 1 positive client development before the AGM and or the US listing meeting if it proceeds. Sean has also flagged some Tech news on GEN 2 and TENNs hopefully before the AGM or US listing meeting.Hi Xray, I don’t think that the decision would have already been made by the Top 20. Tech posted recently that the “retail shareholder base currently holds 58.633% verses the Top 20 with 41.367%.”
I believe the BOD will need somewhere between 50%-75% of shareholders to vote “yes” for successful approval, in which case they will be relying on a great deal of us to get behind it.
I guess we have to ask ourselves why the BOD would even bother putting such a risky proposal forward, if the SP is still in the doldrums and if no other licences, cornerstone investors or other such positive news emerges beforehand, because as I’ve said before, that would have to be the most recklessly stupid idea I’ve ever heard of.
I hope that we receive some positive news of a material nature beforehand. If however, the BOD are simply planning on revealing a “detailed roadmap” (refer to Annual Report) of commercialisation goals, to try and sway us to approve, and if there is nothing genuinely material other than just a roadmap, then I will be seriously unimpressed, and that would be a massive understatement.
Not real chuffed about Blaize and KAIST getting together..
KAIST, making some big "claims" about neuromorphic chips, last year..
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KAIST researchers develop world's first 'neuromorphic' AI chip
A research team at KAIST has developed the world’s first AI semiconductor capable of processing a large language model (LLM) with ultra-low power consumption, the Science Ministry said Wednesday.koreajoongangdaily.joins.com
Blaize, just listed on the NASDAQ in January this year and also have no real revenue.
"Blaize Holdings had revenue of $781.00K in the quarter ending September 30, 2024, a decrease of -47.27%. This brings the company's revenue in the last twelve months to $1.97M"
They had a high of $19.25 (not shown on chart) not long after listing and have had a low of $2.80.
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Blaize, Inc. and BurTech Acquisition Corp. announce closing of business combination - Blaize
Press Release from Blaize: Blaize, Inc. and BurTech Acquisition Corp. announce closing of business combinationwww.blaize.com
They claim to have a pipeline of over 400 million dollars in prospective sales.
"The Business Combination marks a major milestone for Blaize as it continues building its transformative new compute solution that unites silicon and software to optimize AI from the edge to the core. Blaize has strong traction with over $400 million in a qualified pipeline of prospective customers it expects to engage in 2025 and a global footprint with Tier 1 supply chain relationships.
Food for thought, on how we "could" be received coming on to the NASDAQ, with no real traction happening, if things are still not moving, due to ASX "throttling"..
Seans failing, sure the company is moving along as we were told it would but Sean Heir is failing as the leader, he dosent give 2 hoots about investors especially aussies. Thats my rant over losing faith and its killing me....Nine weeks remain until the AGM, and the announcement about relocating to the U.S. stock exchange appears to be a calculated attempt to divert shareholders’ attention from the core issue.
The crux of the matter lies in Sean’s five-year plan failing to deliver the anticipated results after more than three years into the plan.
They assert that the relocation will take nine to twelve months, conveniently providing management with another AGM and another year to evade delivering substantial revenue or new IP sales.
Brainchip’s decision to execute LDA following such disheartening announcements further highlights the poor management of our company.
No need to feed them information but your actions can tell everything.Someone is feeding them info......
Hi @Gazzafish,Wow. Thanks dingo but now I’m super confused![]()
Signing the subcontractor agreement would be a good start!!Hi @Gazzafish,
We give LDA the shares to sell on our behalf and they get 8.5% commission for doing so.
In a "normal" CR like our last one, a broker arranges to sell our shares at a set price that is usually at a big discount to the SP.
With LDA, they sell on market, so no discount and with the potential to ride an increasing SP over the next 2 months. For this to work in our favour, we need weeks of positive news flow.