BRN Discussion Ongoing

[TECH]

Were any of the +securities issued to +key management personnel (KMP) or an +associate?
No.

Does anyone on this site have an issue with that answer ?

Restricted Stock Units, Employee Incentive Plans.

The +securities haven't actually been issued as such, but they are referring to a certain staff member.

Any comments ?

 

[Izzzzzzzzzzy]

This is very disappointing to be honest. I never thought my shares would be worth anywhere near the 80 cents figure again. How could the price not even hold $1 regardless of the bots, downrampers, whatever it maybe…

 

[davidfitz]

This is very disappointing to be honest. I never thought my shares would be worth anywhere near the 80 cents figure again. How could the price not even hold $1 regardless of the bots, downrampers, whatever it maybe…

Agree 100%, looking forward to an announcement more than ever.

 

[Fact Finder]

Approach a major respected fund in the US to buy a stake in Brainchip and promote the sale is this a stupid idea?
Seems a great short term solution to myself to promote confidence in the company and support the share price while we get established over next year or so.
The falling price is causing a loss of confidence it's creates a negative flow on.
No amount of dot joining fixes this.

Firstly are you suggesting they issue extra shares or are you saying that Brainchip encourage this US institution to buy on market?

You seem to have forgotten that Brainchip has engaged a very well credentialed US Investor relations group to raise its profile with US Institutional investors and have undertaken multiple presentations to Institutional investor groups in the US and Germany over the last 12 months.

These presentations have seen German Institutions invest on market in Brainchip.

According to information posted here yesterday Blackrock and Vanguard have also taken positions.

So can you list things that Brainchip have not done.

My opinion only DYOR
FF

AKIDA BALLISTA

 

[Esq.111]

Agree 100%, looking forward to an announcement more than ever.

Morning Davidfitz,

Yep, that sums it up perfectly.

Tree falls over in the Forrest,
No one heard it fall,
Yet , 4,183,000. BRN restricted stock get issued...???...

Note to BRN MANAGEMENT,
When giving out 4183000 shares ( albeit restricted stock ), @ todays price of $0.875 =
$3,660,125.00

Might pay to enlighten the people, who actually paid for their shares in the company, what this payment was for .

Comes across as a slap in the face to shareholders.


Regards,
Esq.

 

[Fact Finder]

Were any of the +securities issued to +key management personnel (KMP) or an +associate?
No.

Does anyone on this site have an issue with that answer ?

Restricted Stock Units, Employee Incentive Plans.

The +securities haven't actually been issued as such, but they are referring to a certain staff member.

Any comments ?

Anil Mankar is not included in the Key Management Personnel by definition. I am assuming the AM stands for Anil Mankar.

The shares are not yet in his hands as it seems he has further boxes to tick and it may also be that they will not vest if he leaves the company before he ticks these boxes.

Given that he has produced two remarkable results with firstly the engineering samples being popped out perfect first time as remarked upon by the former CEO Mr. Dinardo at the time and he has improved the design to increase energy efficiency by 30% in the commercial AKD1000 chip it makes sense when you have an ongoing development plan in place to want to keep him on staff and incentivise him to remain.

I am sure others will disagree but when AKD2000 finally makes it onto his bench I want Anil Mankar still there and involved in the design layout.

My opinion only DYOR
FF

AKIDA BALLISTA

 

[Slade]

Hi guys,

Why are people expecting money in the next 4c??? I didn’t think there were any deals done in this quarter. And it is far too early for royalties from renesas and megachips. Hoping for some more deals signed over the next few months… probably still a few years away from significant revenue

I could be reading it wrong but I believe the graph presented at the last AGM shows royalties coming in at the beginning of 2022.

 

[Fact Finder]

Firstly are you suggesting they issue extra shares or are you saying that Brainchip encourage this US institution to buy on market?

You seem to have forgotten that Brainchip has engaged a very well credentialed US Investor relations group to raise its profile with US Institutional investors and have undertaken multiple presentations to Institutional investor groups in the US and Germany over the last 12 months.

These presentations have seen German Institutions invest on market in Brainchip.

According to information posted here yesterday Blackrock and Vanguard have also taken positions.

So can you list things that Brainchip have not done.

My opinion only DYOR
FF

AKIDA BALLISTA

Declaration of interest.

I do not like the erosion of the share price as holding millions of Brainchip shares accentuates the change in value.

What I hate at times like these is posters who are either prepared not to do research and make ill-informed sweeping statements about what the company should or should not be doing or worse still know all too well that the company has done exactly what they are claiming it has not done and make false statements to attempt to massage the fear of retail investors so that they can take advantage of an even lower entry price.

So as I said yesterday nothing wrong with venting or decrying the present share price but do not fabricate just speak the truth from the heart.

Every single share in my portfolio is down today. The US markets dropped their bundle overnight it was expected. Two of my shares that are down released sensational news in the last couple of days and were heading up and have reversed. Was this the fault of Brainchip's management I personally doubt it.

My opinion only DYOR
FF

AKIDA BALLISTA

 

[nannapat]

Declaration of interest.

I do not like the erosion of the share price as holding millions of Brainchip shares accentuates the change in value.

What I hate at times like these is posters who are either prepared not to do research and make ill-informed sweeping statements about what the company should or should not be doing or worse still know all too well that the company has done exactly what they are claiming it has not done and make false statements to attempt to massage the fear of retail investors so that they can take advantage of an even lower entry price.

So as I said yesterday nothing wrong with venting or decrying the present share price but do not fabricate just speak the truth from the heart.

Every single share in my portfolio is down today. The US markets dropped their bundle overnight it was expected. Two of my shares that are down released sensational news in the last couple of days and were heading up and have reversed. Was this the fault of Brainchip's management I personally doubt it.

My opinion only DYOR
FF

AKIDA BALLISTA

 

[Schwale]

İ guess the only other thing it can do is to place the company into permanent trading halt until they have a meterial announcement to make even in this scenario it will need a good reason such as non compliance...

The share price is certainly a disappointment at this particular point in time but in due course it will sort itself out like Fact Finder said the company is ticking all the boxes and protecting their EAP customer who do not wish to revealed just yet.

Not long to go for the quarterly.. i am guessing but we should see some modest revenue

 

[Foxdog]

I must admit if I wasn't buoyed by information garnered on this forum I'd be getting pretty touchy about the share price decline. I can understand why many retail investors will be panic selling atm as they watch their returns slowly dwindle as we move towards pre Merc announcement levels.

 

[TheDon]

I top up at $1.50. Does the current sp worries me? Not at all. I'm still up by 20% my target sp is 1k and I believe in this company so I will wait for that 1k to come.

My opinion only
Dyor

The Don

 

[Foxdog]

I top up at $1.50. Does the current sp worries me? Not at all. I'm still up by 20% my target sp is 1k and I believe in this company so I will wait for that 1k to come.

My opinion only
Dyor

The Don

$1000 per share?

 

[Xhosa12345]

wouldnt mind just getting back to a dollar first, then we can worry about 1000 bagging....

haha

 

[TheDon]

$1000 per share?

Ok put it this way Akida everywhere the potential of billions and billions of Akida to be made x$ plus Royalties. Do you think that's not enough for the sp to go up to 1k or more?

My opinion only
Door

The Don

 

[Foxdog]

Ok put it this way Akida everywhere the potential of billions and billions of Akida to be made x$ plus Royalties. Do you think that's not enough for the sp to go up to 1k or more?

My opinion only
Door

The Don

M8, I would love to see the SP at 1k (just can't quite wrap my head around it).

 

[Diogenese]

Yes great problem to have but what will be your response if the share price heads back to 50 or 60 cents ?
I would much prefer we don't have to make a decision like that because it starts to raise real doubt.
The company should be looking at options on how they can support the shareholders there are a number of ways of doing this am hoping there are smarter people than myself involved who can work this out.

Hi Chilling,

In the 80's KIPs were introduced, and the top level management set themselves the sole KIP of increasing shareholder value.
This caused an outbreak of thimble-and-pea accounting, outsourcing and "right-sizing" to ensure the management got their incentivizing annual bonus, often while digging the ground out from under the company's foundations.

BrainChip is in an anti-right-sizing phase at the moment, and is concentrating on product development and marketing.

BrainChip is constrained by NDAs and the ASX disclosure rules against puffery.

I don't think the company has any reserves to devote to share price manipulation. Nor does it have the inclination.

 

[miaeffect]

Found some cash under my bed. YEEEAAHAA

So got more BRN now hahaha

 

[Bravo]

Interesting...

 

[Diogenese]

https://thestockexchange.com.au/threads/brn-mercedes.150/post-46040

2022 Mercedes-Benz EQS SUV leaked

Mercedes-Benz's upcoming EQS SUV has been leaked, showcasing the brand's slippery EV styling mated with more upright SUV proportions.

www.carexpert.com.au

LEAKED: This Is The Mercedes EQS SUV Before You're Supposed To See It​

17 HOURS AGOBY MICHAEL BUTLER LEAKED / 12 COMMENTS
Merc's rival to the BMW iX7 and Tesla Model X has been leaked early.

Mercedes-Benz's transformation into an EV company is moving at lightning speed, and its electric lineup already includes impressive offerings such as the EQA SUV, and EQS Sedan, with many others, including the EQG and EQS SUV getting ready for launch. Mercedes-Benz is betting big on electric SUVs, and the EQS SUV is set to be the brand's flagship model. Back in March, we got a glimpse of this premium SUV's interior and last week Mercedes-Benz finally teased the new car before an imminent reveal. The shadowy teaser didn't give a lot away, but fear not, the internet has delivered leaked images of the new flagship.
View attachment 4102
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Leaked before you're supposed to see it (with all that detail) - what a marketing coup for $0.