AGM 2023 Questions

[buena suerte :-)]

Agm question i guess -

Will we ba able to see the Akida trademark on products just like intels trademark? If the product is being powered by Brainchip Akida technology would i be correct that it will at the very least on the packaging?

Great question MD .... That would be the icing on the cake IMO .... great exposure and will become the 'Norm' in most households/Factories/cars etc ....... Sorry guys but I'm afraid I'm going to have to post it again!!! 'Akida Inside'

 

[DerAktienDude]

It'd be interesting to know if the Akida 2.0 has the same amount of neurons and synapses.
And if so, why they thought that it wasn't necessary to increase the amount of both.

 

[JDelekto]

Morning Chippers,

Another question to put forth..

This issue may have been addressed, if so please disregard.

Concerning our American listed ADR's ( 40:1 ).

Code : BCHPY.

Has the EXTRA cost of purchasing this stock been resolved for American buyers, if not why not as this issue was raised some time ago. Naturally I have forgotten what this extra fee is called.

Non-existent trade in this is somewhat confusing as this was supposed to open us up to a far larger investing audience.

Like I said , this issue may have been resolved.
If one of our American share holders could comment on this issue will help decide if this issue should be put forth to Management , again.

Regards,
Esq.

The BCHPY ADR does not incur any extra fees as the shares are held by a bank here in the US. As the bank holds the stock, the purchaser does not own the underlying shares nor has the same rights as the original stockholder. I can purchase BCHPY from Fidelity here in the US without any extra fees, as they are built into the price of the ADR.

As I prefer to own the actual stock, I purchase BRCHF shares on the OTC markets instead. My only gripe is that each transaction, regardless of how many shares I purchased, is assessed a $50 foreign transaction fee through Fidelity.

Early in 2022, the company announced they were DTC eligible, but that was short-lived. This allowed me to purchase any amount of shares of BRCHF without requiring the foreign transaction fee. I inquired with Fidelity and BrainChip about this, and the last I knew, there was some problem with the paperwork they filed that required correction and resubmission.

My inquiry was about six months ago. This never made it to completion. I don't know why, and I gave up inquiring about it. I'm not sure whose responsibility was to get it done; maybe they had other priorities that came first. Either way, I go long periods between saving and buying shares because that $50 hit is a killer, especially when I could be buying a lot more shares for that money.

 

[JDelekto]

I know I'm late to the party here, but this would be my list of questions:

1. What are the company's main goals and objectives for the upcoming year?
2. Can you discuss any new products, services, or initiatives the company has planned for the upcoming year?
3. How does the company plan to adapt to changes in the market or industry?
4. How does the company plan to address any concerns or feedback from customers or shareholders?
5. How much of a technical lead does the company feel it has over its competition?
6. Will the company provide a lower cost of entry to the Akida development kits for students and hobbyists?
7. Will the company consider sponsoring any user groups to help educate more technology enthusiasts?
8. Will the company ever complete the DTC eligibility process, or is that no longer on the table?

 

[BaconLover]

I know I'm late to the party here, but this would be my list of questions:

1. What are the company's main goals and objectives for the upcoming year?
2. Can you discuss any new products, services, or initiatives the company has planned for the upcoming year?
3. How does the company plan to adapt to changes in the market or industry?
4. How does the company plan to address any concerns or feedback from customers or shareholders?
5. How much of a technical lead does the company feel it has over its competition?
6. Will the company provide a lower cost of entry to the Akida development kits for students and hobbyists?
7. Will the company consider sponsoring any user groups to help educate more technology enthusiasts?
8. Will the company ever complete the DTC eligibility process, or is that no longer on the table?

You're not late to the party.

AGM is 2 months away, I'll send these April last or May first week after compiling all the questions.

PS: I love your 6th question.
A tech person I was speaking to personally did mention he was keen to get the hands on but company wasn't keen. Not a bad idea to involve the techies too from public to make it popular. (Or may be this is where Edge Impulse and University involvement come in handy?)

 

[JDelekto]

You're not late to the party.

AGM is 2 months away, I'll send these April last or May first week after compiling all the questions.

PS: I love your 6th question.
A tech person I was speaking to personally did mention he was keen to get the hands on but company wasn't keen. Not a bad idea to involve the techies too from public to make it popular. (Or may be this is where Edge Impulse and University involvement come in handy?)

I remember at one point in time that there was talk about a USB form factor for Akida. It seemed like it would also have been reasonably priced for hobbyists that want to play around with the technology.

From the student perspective, I would love to be able to take the course online using the materials they provide to the Universities. Some of the higher-end learning platforms such as Udacity provide some pretty in-depth technical courses, but usually for a price.

If they do any voting, I hope that I will get proxy materials this year. I didn't get any last year, and I assumed that as a shareholder I would also be able to vote.

 

[ndefries]

My question is given we publically entered into the Joint Development agreement with Valeo close to 3 years ago is there any circumstances where a progress update or aknowledgement of the likely commercialisation of the partnership is possible.

it isn't hard in my book to make some form of update to acknowledge the progress if there is one.

 

[Deleted member 1270]

TD is just a gatekeeper. His title might say Investor Relations but he is simply a gatekeeper and guard dog for Sean Hehir.

He has no influence over what Sean wants to tell shareholders. I can only deduce that because Sean is American he is conscious of being litigated against if he shares anything with shareholders that might be construed as guidance. Whoops, silly me, there I go giving him an out card!

I for one am disappointed with the way shareholders are treated.

By providing them with a list of questions like you intend to only gives them the opportunity to wash over them at the AGM if they present as too probing or hard to answer. Unfortunately because the flow of information about pretty basic business aspects you are left to think that the only way to get honesty is to put them on the spot at any public meeting to gauge the response without any rehearsal.

It's a shame it has to come to this but I can't see an alternative course of action if you want some genuine honesty about the company that you part own.

 

[BaconLover]

By providing them with a list of questions like you intend to only gives them the opportunity to wash over them at the AGM if they present as too probing or hard to answer. Unfortunately because the flow of information about pretty basic business aspects you are left to think that the only way to get honesty is to put them on the spot at any public meeting to gauge the response without any rehearsal.

Look, I did think long and hard about this.

But I think if they want to ignore questions, they'll do it either way.
By letting them know that retail shareholders exist and this is what we want to hear, I'm hoping they come upfront, with honest answers.

If they don't, I'm pretty sure there'll be some probing follow up questions. We are in commercial stage, Renesas and Megachips took our IP, surely there's a gap if we cannot sign another contract over the last 12 + months.

 

[Deleted member 1270]

Just to clarify Baconlover that I wasn't having a go at you for this endeavour. Admirable but unfortunately I think it might be a predictable outcome.

 

[rgupta]

I get another question that is regarding chat gpt.
Of late chat gpt had overshadowed everything in ai. Even there are calls to ban all further research on ai.
My question is how brainchip is looking at Chat GPT and other large generative models. I surely assume brainchip technology can make improvements.
So there is something brn will be looking at what sort of improvement they want to work through on this technology.

 

[stuart888]

This is an Australian for sure! Just popped up out 10 minutes ago.

The thesis seems familiar to an article I have read. Go Brainchip.

 

[Rise from the ashes]

This is an Australian for sure! Just popped up out 10 minutes ago.

The thesis seems familiar to an article I have read. Go Brainchip.

Might want to post that in main thread also Stuart

 

[rgupta]

I was listening to this podcast with Sukumar technology head in Qualcomm.
He is talking about the edge and learning on the edge etc.
So my question is Qualcomm is talking a similarly language to brn.
Should we keep Qualcomm into competitors list or facilitator list.
Thanks

 

[rgupta]

The TWIML AI Podcast (formerly This Week in Machine Learning & Artificial Intelligence) - Generative AI at the Edge with Vinesh Sukumar - #623

Today we’re joined by Vinesh Sukumar, a senior director and head of AI/ML product management at Qualcomm Technologies. In our conversation with Vinesh, we explore how mobile and automotive devices have different requirements for AI models and how their AI stack helps developers create complex...

podcasts.google.com

Here is the link to podcast

 

[dippY22]

I have a question for management......

Are you currently working with any hearing aid companies?

 

[Deleted member 118]

If you've got any questions to ask on AGM please post it here. Might compile it together here, especially good questions with high votes.

Please keep discussions to the main thread, this is just a temporary thread until AGM.

"Wen Moon? Wen Lambo?" questions don't count

How’s your list of question going @BaconLover and I guess this remain secret until they are presented to the company on the AGM and I’m not having much luck coming up with a question either

 

[rgupta]

Hi Baconlover
I have following questions
1. Qualcomm is promoting a technology similarly to us which can perform on chip processing, low energy, on chip optimisation, a few short learning etc. Moreover they recently sign a deal with prophesse which means they can process their event based camera sensor through their processor.
Should we consider Qualcomm as our biggest competitor or just a facilitator.
2. Company is saying since last few years targets are getting met but revenue wise same is not getting reflected, can the company let us know what type of targets are being projected by company especially to sale and marketing staff. Are those targets are good enough as per the standards of industry.

3. Sean was talking about increasing head count so many new persons are recruited at brainchip during last year. Is that management is satisfied with new recruitment. Are there any headwinds company is experiencing in the recruitment
4. Company revenue is almost drying so in this scenario how the company is planning on cash burns especially when we will need to burn more money in the future. Are we looking ahead something other than LDA for capital raises if we require some.
5. There were a lot of partnerships announced on social media while the same was not disclosed on asx. Even the last two licences sold through megachips is not disclosed on asx. So how share holders can evaluate the company without a proper information through ASX.
e.g Mercedes announced they are planning to use brn IP for their concept car. But the same was not announced on asx. So hypothetically, pure hypothetically, Mercedes does not want to proceed with brn IP how share holders will come to know on same. It is becoming very difficult for share holders to evaluate the company without any asx announcements.
Dyor

 

[Techinvestor17]

For anyone going to the AGM could you please ask if there is still ongoing activity relating to the purchase of the cybersecurity IP acquisition that we made. I’m assuming there was a good reason to buy this and it wasn’t just for the hell of it.