Hey TechThe fact that Anil sold 10 million shares (allegedly) on New Years Eve, his official last day as our Chief Engineer of Chip Design/ Co-Founder of Brainchip, then another 5 million in early February (from memory).
Honesty, who cares.. good on Anil I say, he deserves to take some money off the table, without him and Peter and all their years and years of long hours and dedication to their respective crafts, well, Brainchip simply wouldn't be !!
His position remains in the Top 6 holders of Brainchip stock with over 70 million shares approximately, he's still passionate about Brainchip and always available to help in anyway, just like Peter, so the scare tactics that some people are trying to elevate are absolutely baseless.
If anymore top staff move on over the course of the next 12 months, well, we would have to seriously consider that we have a major issue within the management and direction of our company...I'll be quietly monitoring the situation as the months unfold.
Quietly observing and patiently waiting on big news to drop.
Tech.
I agree, Anil has the right to do whatever he wants. I’m not bothered by Anil’s action.
However, it does seem as though shorters have had the upper hand. SP will drop days before a negative announcement. Shorts will also increase. I don’t believe that Brn are as tightly sealed as what we are being told. Someone is leaking information but only to those that are privy.
Why have shorts increased now if we are on the verge of a major breakthrough?
Maybe we should have gone for an Aussie CEO, after all we are an Aussie company.
The lack of real progress is very disappointing.
Sorry, still fuming. Need to get it out of the system.