BRN Discussion Ongoing

[Kachoo]

Best attack on shorts buy and hold if you can. That takes shares out of circulation and not dump then at low prices but everyone has limits to what they hold and can hold. This is not finanacle advice but sellers did come and yes there was profit taking too people see gains they sell. I'll say I did not sell any this time as I'm holding and do feel that we are close to a re evaluation of our product. There is a lot going on I guess humans are not impatient. Have a great weekend all.

 

[SharesForBrekky]

Fingers crossed about Logitech's optimism in this article:

https://www.autoevolution.com/news/tech-giant-has-fantastic-news-about-the-chip-shortage-194551.html

 

[Fastback6666]

Wow that hurts but moving up was nice. My mind set is i dont plan on selling any until we see double figures 10$ plus but my situation and time lone is different then other folk. My hit was bad too but not near yours. My take is we all need to look at the fundamentals and where it's going. If one needs to sell for funds well try to pick the best time.

For the issue of manipulation well if you cannacxumulate do it. The only issue I see is if we get bought out at a price that does not reflect true value that will be the biggest shame.

I wonder if this accumulation of shares is for the listing on the NASDQ. I mean one will need liquidity and the demand for the number of shares will be hire in the USA we all agreed that or price if listed on the NASDQ would be multi dollar already. I figure they would need these share to offer liquidity to buyers the comming back to Australia to get shares off the ASX. I really wonder if there has been an Australian stock then listed on the USA market how it was done?

I do believe that management us trying to do things in the best interest of the company and us share holders. It is frustrating I know. Time will tell.

Let's keep cool heads and investigate this.

Like some asked is there anyone to review the share holder registry ? I'm in Brisbane so I don't know if there is a place here.

If I were Brainchip and were trying to look after investors best interests to generate a large dollar value on the Nasdaq then I would:

1. List on the Nasdaq when the tech sector was fully out of its correction and showing tech sector positivity and strength, we are not there yet. (another year or maybe two...hopefully).

2. I would want BRN to be well into profit territory. I would want to see large percentage revenue growth across around 3 to 4 quarters flowing in from various large sources and for that revenue to be showing massive revenue trajectory with high margins. Potentially even longer time frame to show that bulk revenue from bulk EV’s incorporation etc. Obviously this will need to show that BRN are well well into profit territory.

3. Ideally also want to see that Brainchip is seen with much confirmed commentary to be the known market standard for AI tech across many multiple industries and tertiary education. Best practice scenarios for the world would be the icing on the cake.

If these are met then then we would have a rerating of the company like we have never seen before.

I am very happy to wait for at least conditions 1 and 2 to be met, any sooner and I would be disappointed as that would take away some bulk value from us the investors that we know should be there.

Also any company thinking about buying Brainchip would want to see conditions 1 and 2 met as well ideally before they choose to take a leap, moving earlier to buy would place a lot more risk on their purchase. So I think we have time up our sleeve.

 

[equanimous]

NEW

This is an updated category list promoted on ARM's website.

Question for you all to ponder.

What is a small percentage worth to Brainchip in each of these categories.

With the current energy crisis and Akida able to reduce energy efficiency up to 10x wouldnt think every company is obliged to take the Akida pill!

BrainChip

Ubiquitous, distributed AI.<br/>Close to the sensor.<br/>Inspired by the human brain. <br/>

www.arm.com

 

[Foxdog]

Totally agree that there are shorters trying to protect their position in these stocks, but there is always big games being played with stocks that move around in price a lot and these typically are stocks in the asx300 who are not showing a profit yet. As they are the ones the most positivity and the also the most doubt can be cast on those stocks to move the price around!

In short - there are many “players” (insto’s and others) in the market playing at their own games and all on different time scales. Some are only in for the day, others the week, others a month or others longer. Some of these are big enough to either push the price up or push the price down to suit their whim and we have to deal with this if you are a retail holder, like me we are just minnows in the insto world. Shorters will always be there and their length of stay will all be varying depending on many many elements.

Yesterday some of us knew that if we could break through $1.35/1.36 area in quite a convincing way then we had a chance to move to $1.50 but it was swatted down again.(at this point) I sort of expected it at this point base on us moving up over 50% In the last month but I was also hoping an insto investor may drive the price further but it was too much to ask on Friday. As in the end when a stock runs very hard it is easy to spook the buyers and make them sell and take their profits.

These same players are making their money on the daily and on the move up then turn it and make it on the way back down(shorting).

Obviously some shorters are in longer term and a movement up of 50% does not worry them as much...and as long as the company does not have a confirmed mass revenue changing announcement then they usually know they are fine.

Insto’s know BRN can’t announce much to the market due to NDA’s and they also know solid dollars will not flow through for 6 months or so ....so they know BRN stock can be a bit of a play thing for them in this interim period and we are along for the ride. Though their time is limited as some insto’s are probably also taking long term investing positions at this point readying for the next 3 to 6 months. I am hoping that can keep some forward momentum over the next 3 to 6 months. Yes the tech sector recovery is helping us, but we will always have sell downs on any stock if they run too hard...the spooking is easy for them.

All we can do as retail holders is hold long in your position until the confirmed bulk revenue changing announcements are made, that is when “players” in the market will have to reasses their position of shorting or investing in the growth of Brainchip.

 

[Ahboy]

The irony to shorting is that for the shares that are loaned out, if the long position is to be close one would think the borrower would also need to return the loan shares in order for it to be sold.

 

[Home101]

Hey HALMAN, I'm pretty sure it was 50 million shares,, taken off of the ASX float (purchased or something, no new shares were issued) to make 1.25 million ADRs (40 shares per ADR).
The ADRs still hardly trade and there has never been more than a few thousand traded in a day.
(someone could probably easily find the figures, for how many left in the original tranche?).

The reference to Cathy, is Cathy Woods of Ark Invest.
A Very Big Tech Fund in the US.

https://ark-invest.com/

"We Invest Solely In Disruptive Innovation"
"For investors seeking long-term growth in the public markets"

Do you think we fit the bill of what they're looking for?

But lately, ARK has been in a bit of ruins, a lot of bad investment choices.

 

[thelittleshort]

Info

Intel Labs on LinkedIn: #artificialintelligence #neuromorphic #neuralnetworks

As neuromorphic computing continues to grow, several approaches to its trajectory and development have come up. A panel of experts sat down at the Embedded…

www.linkedin.com

 

[thelittleshort]

@Diogenese

Edge Impulse on LinkedIn: This new on-chip optical processor is capable of detecting similarities in…

This new on-chip optical processor is capable of detecting similarities in datasets up to 1,000 times faster than conventional machine learning algorithms…

www.linkedin.com

 

[Stable Genius]

Hi all,

I was disappointed yesterday.

Especially when reading the constant whining and some of the insults on this Forum.



I choose to maintain a positive healthy frame of mind and I take control of my surroundings to make sure it stays that way.

I’ve recently started ignoring some people as its exhausting reading their negativity.



Obviously I don’t want to be in a room full of confirmation bias either.

Honest, robust discussion about the company is preferred; and we don’t all have to agree on everything to get along.

Different points of view are appreciated. But let’s lose the insults please.



The share price is always going to look like a heart rate ecg; preferably on an incline.

We all know price will go up… and down.

Yesterday hurt all long term holders but it has no consequences on the success of the company.



In my opinion we have hired brilliant, qualified people to manage the company. They are highly skilled in their fields.

We’re all armchair experts; however these people actually have the skill set, experience, ambition and determination necessary to steer our company to success.

We’ve heard them all speak. It would be disrespectful to suggest they’re all not passionate and working hard for the success of this company!

We know the company has the top of class, first to market neuromorphic processor.

We know there is a growing market for the product.

We know we are in the early stages of commercialisation.

I am confident we are de-risked so over the long term the company should become profitable which will make the SP grow.

We already have some massive partners who are going to help grow the company:
Arm, SiFive, Edge Impulse, NVISO, PROPHESEE

We have awesome customers including Mercedes, NASA and VALEO, RENESAS.

If, as we suspect Akida is to be used in Valeo’s Scala III Lidar then all we have to do is wait for it to be released in 2024 and the price will skyrocket. I would not want to be listed on the NASDAQ until then. I want to enter the NASDAQ as a winning company with strong revenue in great demand!

I read somewhere recently there are up to 70 sensors on a new vehicle: that is a massive market potential of which we are in the box seat!

We all should by now understand the importance, both morally, commercially and legally why BRAINCHIP adheres to NDA’s. Success of the company is linked to it. I’m not sure why as shareholders we would want to undermine the company’s strategy which could damage our reputation and impede customer enablement.

In my opinion there are plenty of reasons there to feel secure with your investment.
If you want to feel more confident have a look at Bacon Lover’s Iceberg.
Read all the research UIUX has kindly put forward; it’s awesome.
Review some of FF great posts.

So much work has unselfishly been done by many others on the forum to enable us shareholders to learn about the company. All we have to do is take the time to read it!

I have read their research and logical statements; and I am extremely confident of where we are headed.

Please next week can we discuss and follow the Company, not the fluctuating share price!

Enjoy the weekend good people!

 

[thelittleshort]

Thinkpath Engineering Services on LinkedIn: #thinkpath #artificalintelligence #aichip

🧠 "MIT engineers have created a reconfigurable AI chip that comprises alternating layers of sensing and processing elements that can communicate with each…

www.linkedin.com

The new AI chip design is stackable and reconfigurable, for swapping out and building on existing sensors and neural network processors.

Imagine a more sustainable future, where cellphones, smartwatches, and other wearable devices don’t have to be shelved or discarded for a newer model.

Instead, they could be upgraded with the latest sensors and processors that would snap onto a device’s internal chip — like LEGO bricks incorporated into an existing build.

Such reconfigurable chipware could keep devices up to date while reducing our electronic waste.

The design comprises alternating layers of sensing and processing elements, along with light-emitting diodes (LED) that allow for the chip’s layers to communicate optically. Other modular chip designs employ conventional wiring to relay signals between layers. Such intricate connections are difficult if not impossible to sever and rewire, making such stackable designs not reconfigurable.

The MIT design uses light, rather than physical wires, to transmit information through the chip. The chip can therefore be reconfigured, with layers that can be swapped out or stacked on, for instance to add new sensors or updated processors.

“You can add as many computing layers and sensors as you want, such as for light, pressure, and even smell,” says MIT postdoc Jihoon Kang. “We call this a LEGO-like reconfigurable AI chip because it has unlimited expandability depending on the combination of layers.”

The researchers are eager to apply the design to edge computing devices — self-sufficient sensors and other electronics that work independently from any central or distributed resources such as supercomputers or cloud-based computing.

“As we enter the era of the internet of things based on sensor networks, demand for multifunctioning edge-computing devices will expand dramatically,” says Jeehwan Kim, associate professor of mechanical engineering at MIT.

“Our proposed hardware architecture will provide high versatility of edge computing in the future.”

 

[thelittleshort]

This guy needs to be introduced to Akida

Sign Up | LinkedIn

500 million+ members | Manage your professional identity. Build and engage with your professional network. Access knowledge, insights and opportunities.

www.linkedin.com

Graduation Project: Driver Distraction and Drowsiness Detection

For almost eight months, I and my team have been working on this project which we thought might have a significant impact on everyone's life. Almost no one hasn't faced a situation where they lost someone they love or care about because of a car accident.

Brief Project Description:
There are two submodules in our system:
1. One for distraction detection in which there is a wide-angle camera mounted on the car side that streams frames to the deep learning model that predicts different sorts of distraction (texting, talking to the passenger, ... etc) as a regular classification model.

2. Another one for drowsiness detection in which there is a camera mounted in front of the driver's face that streams the frames to a face detection model then another model detects eyes landmarks. We take these landmarks and calculate Eye Aspect Ratio (EAR) and if it's lower than a certain threshold, it means that the driver is drowsy.

The core logic is that if the driver is distracted or drowsy for 2 continuous seconds, the driver will be alerted. Moreover, if the driver is still drowsy or distracted for another 2 seconds, the car will auto-break.

We managed to deploy our system on Nvidia Jetson Nano 4GB while having 4 FPS. We can get more FPS by using another chip with more computing power such as Jetson AGX Xavier or Jetson Orin. The system costs ~6000 EGP.

 

[thelittleshort]

Forrest Underwood on LinkedIn: #uas #artificialintelligence #technology

“it’s not about a platform…what we really want to be is untethered from a platform and to have the autonomous vehicle go where it’s needed,” Nordlund…

www.linkedin.com

“Our concept around that is that it’s not about a platform and surrounding that platform with a swarm of UAVs. We believe in swarm technology, but what we really want to be is untethered from a platform and to have the autonomous vehicle go where it’s needed,” Nordlund says.

This is a “little bit of a shift” in mindset from previous development, he says.

“So, if there’s an aircraft in a different vicinity that has a need, the unmanned system can respond to that,” he says. “So that interoperability piece becomes really important, the level of autonomy becomes really important, how that hand off happens is really important. So those are a lot of the things that we’re working on both procedurally as well as the technology to enable it.”

 

[Diogenese]

View attachment 12867

Thinkpath Engineering Services on LinkedIn: #thinkpath #artificalintelligence #aichip

🧠 "MIT engineers have created a reconfigurable AI chip that comprises alternating layers of sensing and processing elements that can communicate with each…

www.linkedin.com

The new AI chip design is stackable and reconfigurable, for swapping out and building on existing sensors and neural network processors.

Imagine a more sustainable future, where cellphones, smartwatches, and other wearable devices don’t have to be shelved or discarded for a newer model.

Instead, they could be upgraded with the latest sensors and processors that would snap onto a device’s internal chip — like LEGO bricks incorporated into an existing build.

Such reconfigurable chipware could keep devices up to date while reducing our electronic waste.

The design comprises alternating layers of sensing and processing elements, along with light-emitting diodes (LED) that allow for the chip’s layers to communicate optically. Other modular chip designs employ conventional wiring to relay signals between layers. Such intricate connections are difficult if not impossible to sever and rewire, making such stackable designs not reconfigurable.

The MIT design uses light, rather than physical wires, to transmit information through the chip. The chip can therefore be reconfigured, with layers that can be swapped out or stacked on, for instance to add new sensors or updated processors.

“You can add as many computing layers and sensors as you want, such as for light, pressure, and even smell,” says MIT postdoc Jihoon Kang. “We call this a LEGO-like reconfigurable AI chip because it has unlimited expandability depending on the combination of layers.”

The researchers are eager to apply the design to edge computing devices — self-sufficient sensors and other electronics that work independently from any central or distributed resources such as supercomputers or cloud-based computing.

“As we enter the era of the internet of things based on sensor networks, demand for multifunctioning edge-computing devices will expand dramatically,” says Jeehwan Kim, associate professor of mechanical engineering at MIT.

“Our proposed hardware architecture will provide high versatility of edge computing in the future.”

Hi tls,

By including a few extra Akida nodes than the initial implementation required, the user could probably avoid the need to make a new chip to augment the functionality.

For example, we know that Renesas has licensed 2 nodes (8 NPUs). but if they had 4 nodes, the functionality would be much greater.

 

[Diogenese]

Hang on to your socks!

An AI Just Independently Discovered Alternate Physics​

Fiona MacDonald - 7h ago


https://www.msn.com/en-au/news/tech...sedgntp&cvid=84b67da941db4fa28164c0cb1b949a08

I like this bit:

"The AI mulled over the footage and the question for a few hours and then spat out an answer: This phenomenon would require 4.7 variables to explain it, it said."

Not all that far away from 42.

 

[DingoBorat]

It will also mean the shares will essentially traded 24hrs a day if you put together Australia, Germany and the US.

No more gaps!

 

[DingoBorat]

If I were Brainchip and were trying to look after investors best interests to generate a large dollar value on the Nasdaq then I would:

1. List on the Nasdaq when the tech sector was fully out of its correction and showing tech sector positivity and strength, we are not there yet. (another year or maybe two...hopefully).

2. I would want BRN to be well into profit territory. I would want to see large percentage revenue growth across around 3 to 4 quarters flowing in from various large sources and for that revenue to be showing massive revenue trajectory with high margins. Potentially even longer time frame to show that bulk revenue from bulk EV’s incorporation etc. Obviously this will need to show that BRN are well well into profit territory.

3. Ideally also want to see that Brainchip is seen with much confirmed commentary to be the known market standard for AI tech across many multiple industries and tertiary education. Best practice scenarios for the world would be the icing on the cake.

If these are met then then we would have a rerating of the company like we have never seen before.

I am very happy to wait for at least conditions 1 and 2 to be met, any sooner and I would be disappointed as that would take away some bulk value from us the investors that we know should be there.

Also any company thinking about buying Brainchip would want to see conditions 1 and 2 met as well ideally before they choose to take a leap, moving earlier to buy would place a lot more risk on their purchase. So I think we have time up our sleeve.

Great post Fastback6666!

My guess is, that it's probable that BrainChip, have already laid the ground work, for a NASDAQ listing and are most likely, waiting on all, or a combination, of the 3 points you listed.

People just need a bit more fortitude.

We are shareholders, in an incredibly exciting Company, with a future, that is hard to comprehend..

Stick around!

 

[DingoBorat]

The irony to shorting is that for the shares that are loaned out, if the long position is to be close one would think the borrower would also need to return the loan shares in order for it to be sold.

That's the thing Ahboy

The institutions loaning the shares are long long.

They are accumulating.
Loaning for shorting, is how they get an immediate return on their investment, with the double benefit, of accumulation at lower prices.

As their positions grow, so will the quantity of shares available for shorting.

Shorting will be done at higher and higher levels though, by burning through and using the shorters, as fuel, to get to each new level.
But obviously the Company needs to do its bit too, with continuous improvement and progress.

They are doing that, but people are focused on the "day to day" action..

That's why I believe BrainChip, will one day have a monstrously large market cap.

You look at the Market Cap, of any large Tech Company and it has been largely built on "these games" combined with Market Confidence, in the underlying company.

Tesla had an incredible Market Cap, well before they were ever profitable.

That's why Elon Musk, made so many jokes about them..

It's funny, in that if shorters didn't exist, we would never reach the price levels, that we will.

 

[Bravo]

Hey Brain Fam,

Here's a couple of interesting snippets from an interview with Mercedes-Benz CEO Ola Källenius, in which he talks about working together with Nvidia on the next generation of autonomous automated drive systems which are going to be in the market towards the end of 2024 into 2025. He also talks about teaming up with Bosch on a Level 4 system.

So, this would appear to confirm, by virtue of our partnership with Mercedes, that we will also be teaming up with both Nvdia and Bosch. Rob Telson mentioned in a podcast that he could envisage Nvidia more as a partner in the future and "by George" he was right!

B


Extract 1

Extract 2

How Mercedes-Benz CEO Ola Källenius is refocusing for an electric future

An electric G-Wagon is coming.

www.theverge.com

 

[HopalongPetrovski]

Hi all,

I was disappointed yesterday.

Especially when reading the constant whining and some of the insults on this Forum.



I choose to maintain a positive healthy frame of mind and I take control of my surroundings to make sure it stays that way.

I’ve recently started ignoring some people as its exhausting reading their negativity.



Obviously I don’t want to be in a room full of confirmation bias either.

Honest, robust discussion about the company is preferred; and we don’t all have to agree on everything to get along.

Different points of view are appreciated. But let’s lose the insults please.



The share price is always going to look like a heart rate ecg; preferably on an incline.

We all know price will go up… and down.

Yesterday hurt all long term holders but it has no consequences on the success of the company.



In my opinion we have hired brilliant, qualified people to manage the company. They are highly skilled in their fields.

We’re all armchair experts; however these people actually have the skill set, experience, ambition and determination necessary to steer our company to success.

View attachment 12864
View attachment 12865

We’ve heard them all speak. It would be disrespectful to suggest they’re all not passionate and working hard for the success of this company!

We know the company has the top of class, first to market neuromorphic processor.

We know there is a growing market for the product.

We know we are in the early stages of commercialisation.

I am confident we are de-risked so over the long term the company should become profitable which will make the SP grow.

We already have some massive partners who are going to help grow the company:
Arm, SiFive, Edge Impulse, NVISO, PROPHESEE

We have awesome customers including Mercedes, NASA and VALEO, RENESAS.

If, as we suspect Akida is to be used in Valeo’s Scala III Lidar then all we have to do is wait for it to be released in 2024 and the price will skyrocket. I would not want to be listed on the NASDAQ until then. I want to enter the NASDAQ as a winning company with strong revenue in great demand!

I read somewhere recently there are up to 70 sensors on a new vehicle: that is a massive market potential of which we are in the box seat!

We all should by now understand the importance, both morally, commercially and legally why BRAINCHIP adheres to NDA’s. Success of the company is linked to it. I’m not sure why as shareholders we would want to undermine the company’s strategy which could damage our reputation and impede customer enablement.

In my opinion there are plenty of reasons there to feel secure with your investment.
If you want to feel more confident have a look at Bacon Lover’s Iceberg.
Read all the research UIUX has kindly put forward; it’s awesome.
Review some of FF great posts.

So much work has unselfishly been done by many others on the forum to enable us shareholders to learn about the company. All we have to do is take the time to read it!

I have read their research and logical statements; and I am extremely confident of where we are headed.

Please next week can we discuss and follow the Company, not the fluctuating share price!

Enjoy the weekend good people!

Hi SG.
As a general response I agree with just about everything you say here, but, our share price is one of the pulses of our business.
It is only natural that when it tanks steeply and perhaps unexpectedly, it will draw the attention of holders.
Some reaction is to be expected, and the inquiring and hypotheticating nature of many of the thousand eyes will, for those with that added dash of paranoia, invariably lead to some hysteria or overreaction.
It is perhaps the accompanying Yang to our Yin.
This is a general discussion of all things Brainchip and provides a general overview.
Dependant on what is occurring at any particular given point in time, the discussion here will reflect that detected activity.
I'm personally not that interested in the myriad possible and potential dot joining which is presented here, but understand many are, and so do not begrudge the posting. It is easy to skip over content I deem irrelevant, after a brief perusal, and I don't see the need to berate or admonish anyone for having posted it. Think a bit more tolerance and somewhat more of a "live and let live" attitude would be helpful here.
I understand strong emotions can be triggered when money is at stake, but think most of us are adults and would expect civil and cordial communication between us, as the norm.
I'm seeing more and more proposed censorship of what should and shouldn't be posted here from persons with particular agendas or predilections which I think would have a stifling effect and reduce the appeal currently found here.
Some seem very quick to assume malice or intentional negativity from opposing viewpoints and whilst I don't want to see a repeat performance of the hot crapper experience here, think it can be left to Zeeb0t to see off any interlopers.
By all means draw his attention to any concerns you may have. He is very effective at dealing with unwanted pests.
But maybe, leave the pitchforks, torches and rope behind.
It's not needed here.
GLTAH