BRN Discussion Ongoing

7für7

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450,000 units?

Wasn't each unit $10?

So that's only $4,500,000 by 2028.

Is that right?





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I’m sure we will get a separate announcement like predicted from a lot of users… because this time it’s different… with a big player as investor… sarcasm off
 
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AARONASX

Holding onto what I've got
450,000 units?

Wasn't each unit $10?

So that's only $4,500,000 by 2028.

Is that right?





View attachment 92870
SO maybe now 2028?!...the way this is going the next AGM is going to go off tap!

riot GIF
 
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SO maybe now 2028?!...the way this is going the next AGM is going to go off tap!

riot GIF
So what a waste of waiting 2 days they should off just released the cap raise news straight away not try and cover it up with a presentation, maybe there is more to follow like Sean

1762729718889.gif
 
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TheDrooben

Pretty Pretty Pretty Pretty Good
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what an absolute shit show this company is
 
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7für7

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DK6161

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DK6161

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Seriously bahahahhah
 

Bravo

If ARM was an arm, BRN would be its biceps💪!

Volume orders are under $10.

So an average cost of, say $20 per unit, gives us 9,000,000, which may have been what Sean's bonus payment was based on.
 
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7für7

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Without a new licence agreement in the next few months, I wouldn’t want to watch us now… and I’m sure shorter can’t wait for tomorrow… it’s such a joke…
 
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Volume orders are under $10.

So an average cost of, say $20 per unit, gives us 9,000,000, which may have been what Sean's bonus payment was based on.
So it looks like it Sean and the Shorters that have come out on top. Could be a good name for a new band 😂
 
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manny100

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I think its the 1st time ever we have been given actual estimates of numbers. Not quite panic time yet as the 450k sales estimates would be based on information provided at this time by clients. The clients probably have no idea how or when or if AKIDA driven defense and health will take off.
BRN can only release estimates that can be backed up.
Its a new product and it likely clients will not even know whether they will need more later. Its early days still.
Other clients may come on board.
Its a start that we can build on.
 
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Earlyrelease

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The whole report is about money for commercialisation of Akida 2.0. We are taping out and make Akida 1500. So we have paid that with our cash on hand and now the raise is for the next new product?
 
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Bravo

If ARM was an arm, BRN would be its biceps💪!
So it looks like it Sean and the Shorters that have come out on top. Could be a good name for a new band 😂

I've got a good title for an upcoming movie, considering the way things are looking right now...

"Hehir one minute.. gone the next."
 
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The whole report is about money for commercialisation of Akida 2.0. We are taping out and make Akida 1500. So we have paid that with our cash on hand and now the raise is for the next new product?
Yes they probably need demo chips off the 2.0 so give it a few months after these are produced we should get another ca raise but this time for the 3.0
 
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Gazzafish

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I’d assume that the investor presentation was created several months back when Sean was meeting with potential investors in Sydney?? A lot may have changed since then???? DYOR
 
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7für7

Top 20
Oh… the market opend already… 🙂 what a relief… nice to see us back in red again… long time no see

I can smell already the fear of the shorter and our GameStop moment… it’s almost there!
 
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JDelekto

Regular
I think its the 1st time ever we have been given actual estimates of numbers. Not quite panic time yet as the 450k sales estimates would be based on information provided at this time by clients. The clients probably have no idea how or when or if AKIDA driven defense and health will take off.
BRN can only release estimates that can be backed up.
Its a new product and it likely clients will not even know whether they will need more later. Its early days still.
Other clients may come on board.
Its a start that we can build on.
While these numbers can be a guide for chip sales based on volume, we don't know where they will land. We don't have a complete breakdown of the price point by exact volume, nor the volume existing customers are slated to purchase. We know the worst-case (someone buying up the whole lot) and best-case profit (all items being sold individually), but not what the actual totals will be.

It is also important to note that the chips do not preclude any IP sales if and when those are made. There is also the income they have been reporting through engineering support when assisting customers in creating models for their platform.

Fortunately, we are not looking at just a single revenue stream.
 
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While these numbers can be a guide for chip sales based on volume, we don't know where they will land. We don't have a complete breakdown of the price point by exact volume, nor the volume existing customers are slated to purchase. We know the worst-case (someone buying up the whole lot) and best-case profit (all items being sold individually), but not what the actual totals will be.

It is also important to note that the chips do not preclude any IP sales if and when those are made. There is also the income they have been reporting through engineering support when assisting customers in creating models for their platform.

Fortunately, we are not looking at just a single revenue stream.
1 maybe 2 years ago our shareholders would have been shouting from the roofs regarding this, but unfortunately many have lost there patience and especially with the company and Sean. But I guess it a start and can only get better sooner than later.
 
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