BRN Discussion Ongoing

[Quiltman]

I agree Yak52. My concern is that this is something more insidious than just the usual shorting shenanigans. My theory is that this could be part of a takeover strategy. PVDM can block a takeover, so remove him from the board, see if he gets the sh*ts from that and sells his shares, making it easier to mount a takeover bid. At the same time short the stock to get stock cheap and unsettle retail, making them think following the AGM that things are not going according to plan in the company. As the stock is reversing and doubts are rising, make your bid. I mean really, what other explanation is there (although I'm all ears). To my mind there was nothing said at the AGM that should have caused this kind of SP reaction. I open the floor to others . . .

If ( & I believe it is ) BrainChip is truly delivering a transformative technology that will massively disrupt the current market ... then I would expect chaos around the current market cap. We won't amble glibly towards greatness. All sorts of individuals and organisations will be trying to get a slice of the pie, using every trick in the playbook ... it should be chaotic ... and that's what I'm seeing. It's almost the current SP action proves the thesis ... so I embrace the chaos, avoid trading, and watch with undue smugness as it all unfolds.

 

[Xray1]

FF .... I am very greatful, that you took the initiative and did not disclose your presence to other attendee's as I feel quite certain that you would have taken part centre stage and drawn some interest away from the AGM and it's presenters....

By the way, did you also notice who else was there all the way from Florida USA to be present at the AGM ??? !!

 

[Mugen74]

The BOD would have one hell of an angry mob on their hands if they recommeded an opportunist takeover bid lowball offer just to cash in so to speak IMHO

 

[Deena]

The additional non executive directors imo is a great endorsement of bigger and better times ahead.

I note that what also surprised me at the AGM was that Peter mentioned another 50 Patents to lodge to protect our IP.

The new patent applications have been announced previously as part of 100 new international patents to protect Brainchip IP worldwide. We are a global company after all!

 

[Fact Finder]

I suppose it is not unreasonable to say that some accord me credibility.

I cannot say what, how or why I know but all of the theory even my original thoughts at the AGM when I was told what the voting numbers against Peter were, we’re wide of the mark.

No one has come anywhere near what this vote was about but it was a one off.

Not nice but it has all been resolved.

The Board is 100% behind Peter van der Made full stop.

There is no takeover game in play relating to this vote.

If the votes were designed to kick BRN off its perch look to the votes caste on all the other motions.

The party or parties behind those votes could have voted to cause a spill of the entire Board as they were on a second strike.

They did not.

They could have caused concerns about the companies leader and new Board members they did not.

I cannot say anymore.

My opinion only DYOR
FF

AKIDA BALLISTA

 

[Dugnal]

I attended the AGM yesterday and after 24 hours of reflection, I feel very positive about our leadership team and BRN's direction. I thank them all for their work and professionalism. My hope is that one day Brainchip is a known household name like Intel or Apple etc. I also want to thank the 1000 eyes here, for their invaluable contribution, particularly FF.

 

[lynv]

So are we still looking at 10x Microsoft
Given the share price will do what the share price does???

Yes. But that's not financial advice ... just my fifty years in the computing and IT business shooting my mouth off!

 

[Yak52]

MAJOR SHORTING ATTACK ON BRN as of Monday 23rd May 2022

3.5 Mil NEW Shorts on Monday
6.5 Mil NEW Shorts on Tuesday

View attachment 7660

Last weeks "moderate" Shorts added.
View attachment 7661

LAST FRIDAYS shorting positions ASX - same as on mon 23rd no change.
View attachment 7663

Will be interesting to see if TODAY more NEW Shorts are added to the list.

Possibly considering yesterdays attempt to remove PVDM all of this should be considered a "Hostile" Attack ??? What else could it be?

Any ideas peoples? Open to suggestions.

Yak52

A Look through the ORDER BOOK on the SELL side shows major stacking of FALSE SELL ORDERS.

2.3 Mil of large orders from $1.25 up

Multiples of 100,000 orders at most levels including 200k orders also from 1.25 up
Multiples of exact 10k,20k,30k,50k orders at each and every level from 1.25 up.

In all probably around 3-4 mil of False orders placed in the SELL side.

18 mil traded so far today . High yesterday of 1.33 now at 1.09

Yak52

 

[Mugen74]

A Look through the ORDER BOOK on the SELL side shows major stacking of FALSE SELL ORDERS.

2.3 Mil of large orders from $1.25 up

Multiples of 100,000 orders at most levels including 200k orders also from 1.25 up
Multiples of exact 10k,20k,30k,50k orders at each and every level from 1.25 up.

In all probably around 3-4 mil of False orders placed in the SELL side.

18 mil traded so far today . High yesterday of 1.33 now at 1.09

Yak52

So just the usual opportunistic predatory behaviour.Instos accumulating at retails expense.

 

[GazDix]

Some reflections about the AGM after thinking about it after a night's sleep.

The answer to the question about why Japanese companies were first to jump at signing us on (great question if it was someone here by the way), was interesting. Sean did say that they were a forward thinking culture, but also mentioned that we are all over and was very certain that at next year's AGM there will be a more representation from all around the world. The confidence he exposed at saying this felt like he had no doubt about it at all. This made me feel very excited.

The emphasis and repetitive use of the word 'aggressive' approach to patents was interesting. I projected an image that we have a team that are constantly filing patents and are calling up the patents office everyday.

Sean also said that the 'entire semiconductor industry knows about us'. What potential partnerships does that create?

When I saw Sean's interview for the morning program show for the first time he was quite polite and timid. After this meeting, I felt he really took charge and spoke in a very authoritative way which I like. It shows he can blend and adapt to situations well which is important for any CEO.

Viana also using the example of his experience with Bluetooth and the beta/VHS battles and how the best tech doesn't always win really gave me confidence as well. He acknowledged the challenges ahead honestly but made me feel like they know how to navigate these challenges.

Anyway, this year's AGM and last years' was like night and day. I feel so lucky to be invested in this company that is progressing so quickly and is confident in its ability to execute.

 

[Yak52]

MANIPULATION

IRON GRIP by the same organization as yesterdays manipulated dump using their buying/selling power via the BoTs to control the SP today.
They had knowledge of the ASX release just before (performance rights/shares to CEO & Board) before the Market and did that hard dump from $1.17 down to $1.13 and are now forcing the SP down more.

THEY .....have vacuumed up 12 Million shares so far today.


Yak52

FOR THOSE WHO DOUBTED PVDM HAD NOT KEPT HIS SHARES.

THIS SHOWS THAT PVDM HAS KEPT ALL HIS SHARES SINCE LAST YEARS TOP 20 LIST


Yak52

 

[Beebo]

Stay tuned…. View attachment 7662

Hope to see him on CNBC soon! Go tell the world…we’ll see you at the EDGE of the rainbow.

 

[AARONASX]

I suppose it is not unreasonable to say that some accord me credibility.

I cannot say what, how or why I know but all of the theory even my original thoughts at the AGM when I was told what the voting numbers against Peter were, we’re wide of the mark.

No one has come anywhere near what this vote was about but it was a one off.

Not nice but it has all been resolved.

The Board is 100% behind Peter van der Made full stop.

There is no takeover game in play relating to this vote.

If the votes were designed to kick BRN off its perch look to the votes caste on all the other motions.

The party or parties behind those votes could have voted to cause a spill of the entire Board as they were on a second strike.

They did not.

They could have caused concerns about the companies leader and new Board members they did not.

I cannot say anymore.

My opinion only DYOR
FF

AKIDA BALLISTA

Thanks FF, I am assuming "whom"...as that wouldn't be difficult! If it was one person that is..

Seem like a childish statement wanted to be made, at least we can all move forward now.

 

[Dhm]

A question about our contribution to the efficiencies of the Mercedes IQXX. I understand that Akida makes the 'Hey Mercedes' voice and human identification work at x times more efficiently than the current industry standard, but, besides that, I am interested in the safety measures that Akida may bring to the package.

Will Brainchip be controling the emergency stop function, and the increased surveillance for enhanced cabin safety, or is that handled specifically by Luminar's lidar package? Can we more efficiently interpret the feed and act faster from the edge than Luminar?

Or have I been asleep when this may have been previously discussed by the brains trust here.

 

[Fact Finder]

all the talk of birds I have to show you the bird which came into my garden today.

View attachment 7654

This is not the little birdie I mentioned but one clever bird none the less.

Prior to attending the AGM I stopped at City Extra for a coffee and raisin toast. Midway it landed and begged for toast. So I gave it some which it ate but it would not leave and tried to take toast directly from the plate.

So I covered the toast with my napkin. It would not cease and desist so not having a gun or taser I thought I will give it a raisin. So I plucked a raisin from the toast and gave it to the bird. It looked at the raisin, it looked at me, looked at the raisin for a moment picked it up and put it back on the plate.

Then looked me in the eye no doubt saying I want toast.

Needless to say it won’t this battle of wills.

This the raisin:

Little birdies are very clever.

FF

AKIDA BALLISTA

 

[Xray1]

I suppose it is not unreasonable to say that some accord me credibility.

I cannot say what, how or why I know but all of the theory even my original thoughts at the AGM when I was told what the voting numbers against Peter were, we’re wide of the mark.

No one has come anywhere near what this vote was about but it was a one off.

Not nice but it has all been resolved.

The Board is 100% behind Peter van der Made full stop.

There is no takeover game in play relating to this vote.

If the votes were designed to kick BRN off its perch look to the votes caste on all the other motions.

The party or parties behind those votes could have voted to cause a spill of the entire Board as they were on a second strike.

They did not.

They could have caused concerns about the companies leader and new Board members they did not.

I cannot say anymore.

My opinion only DYOR
FF

AKIDA BALLISTA

I think that you and I both have a good idea & know who it was that voted that way ........ a certain individual !!!!

 

[Quercuskid]

Where the hell do you live at? Rain forrest or something… by the way the bird looks like a SHORTER!

Yes 3 acres of rainforest in kuranda, I fear the cassowary does look a little bear like!

 

[Murphy]

Haha Bravo you are to funny

I'm with ya Girl

Girl Power.......Girl Power........Girl Power..........Girl's Rule & Boy's Drule

 

[Foxdog]

So just the usual opportunistic predatory behaviour.Instos accumulating at retails expense

But why are retail selling?

 

[Jefwilto]

I suppose it is not unreasonable to say that some accord me credibility.

I cannot say what, how or why I know but all of the theory even my original thoughts at the AGM when I was told what the voting numbers against Peter were, we’re wide of the mark.

No one has come anywhere near what this vote was about but it was a one off.

Not nice but it has all been resolved.

The Board is 100% behind Peter van der Made full stop.

There is no takeover game in play relating to this vote.

If the votes were designed to kick BRN off its perch look to the votes caste on all the other motions.

The party or parties behind those votes could have voted to cause a spill of the entire Board as they were on a second strike.

They did not.

They could have caused concerns about the companies leader and new Board members they did not.

I cannot say anymore.

My opinion only DYOR
FF

AKIDA BALLISTA

Thanks FF ive given it a bit of thought,and going by the amount of votes,caste,against Peter,Im guessing it was an internal dispute,and they were showing their displeasure in this vote,I,m glad its now been resolved