BRN Discussion Ongoing

[Fact Finder]

Hey Fact Finder, my reading is they don’t have to file as they are nominee holdings and relevant interest is taken by the beneficiaries- see s609(2). Link below.

Nominees and other trustees

(2) A person who would otherwise have a relevant interest in securities as a bare trustee does not have a relevant interest in the securities if a beneficiary under the trust has a relevant interest in the securities because of a presently enforceable and unconditional right of the kind referred to in subsection 608(8).

Note: This subsection will often apply to a person who holds securities as a nominee.

Ref: http://www5.austlii.edu.au/au/legis/cth/num_act/ca2001172/s609.html

Definition of substantial holdings seems to require a relevant interest.

I do not agree. I do not intend to debate this it is an offence to fail to publish once you go above 5%. It is a strict liability offence.

But let us assume for the moment you are correct and it is not an offence and it is as simple as you are stating.

Firstly why would the ASX state that on its face it appeared to be a breach?

Secondly if it is so obviously not an offence why would the ASIC accept the complaint and not simply just write back and say sorry nominee account not covered?

Thirdly why would Macquarie Nominees and others file these notices as a matter of course for their holdings in other companies?

My opinion only DYOR
FF

AKIDA BALLISTA

 

[Fact Finder]

@Diogenese over to you. I think he is trying to say that akida is just like all other companies working on neuromorphic and that Brainchip chip isn’t unique with its on-chip learning capabilities compared to others….I don’t think so! View attachment 17143

I love his second qualification ‘Story teller.’ Says it all really.

Feed forward is a clue or his absence of any knowledge about it together with his lack of understanding that the STDP used by Brainchip incorporates the JAST learning rules which are patent protected and as such the others he references would be using them illegally or on licence from Brainchip.

A story by Gordon Wilson aged 31 years.
Teachers comment: Could do better.

My opinion only DYOR
FF

AKIDA BALLISTA

 

[RobjHunt]

On another matter the Feb raised rates by the predicted .75% however put an unexpected sting in the tail by lifting their predicted upper target range by close to 1%.

As this sunk in the positive movement on the US markets faded away. Luckily we have a public holiday here so the US markets get a second chance at giving a positive signal to the ASX to close out our week.

Puto continues to weigh on the world but I cannot but have sympathy for the 300,000 Russians being called up. Assuming the reports we have had about the age and quality of the weapons and body armour being used by the troops already in Ukraine it is hard to believe Puto’s statement that they have plenty of weapons ready to use. I personally expect these 300,000 reservists to be virtually naked from a military perspective, poorly trained, lacking leadership and will be nothing more than cannon fodder. So many will die needlessly unless Russia comes to its senses and reigns in Puto.

To believe otherwise is to believe that the regular troops sent to Ukraine at the beginning were given all the old out of date equipment and the modern weaponry was held in reserve for the untrained reservists to use.

Anyway the point is this 300,000 will not in my opinion cause a quick resolution of the war and it is more likely to be ongoing into 2023 and continue to weigh heavily on the worlds markets.

The disclosure that the Australian Government has an extra $50 billion in revenue as a result of Puto creating demand for our resources and increasing world prices is as I predicted.

We will likely see that demand continue into 2023 despite Government claims to the contrary so an extra $50 billion plus will also flow over the next 6 months.

Remember Brainchip has no debt and none of the above have changed a single thing about the Brainchip investment thesis.

EXCEPT that intelligent drones are proving essential in modern warfare. Sadly Brainchip has a way to make drones incredible.

My opinion only DYOR
FF

AKIDA BALLISTA

Firstly, FF, may I say from my own opinion that your two posts this morning have been exemplary. To say the least.

Secondly, your sentence;

"EXCEPT that intelligent drones are proving essential in modern warfare. Sadly Brainchip has a way to make drones incredible.", is an unfortunate reality but when used for the greater good to rid the Puto's of our world, will also be exemplary if is able to come to fruition.

Peace Brainers and........

Pantene!

 

[Fact Finder]

I love his second qualification ‘Story teller.’ Says it all really.

Feed forward is a clue or his absence of any knowledge about it together with his lack of understanding that the STDP used by Brainchip incorporates the JAST learning rules which are patent protected and as such the others he references would be using them illegally or on licence from Brainchip.

A story by Gordon Wilson aged 31 years.
Teachers comment: Could do better.

My opinion only DYOR
FF

AKIDA BALLISTA

By the way they are not a listed company and can say whatever they like as they are not regulated unlike Brainchip.

My opinion only DYOR
FF


AKIDA BALLISTA

 

[alwaysgreen]

I'm not sure if anybody bothered to read the Motley Fool's article, stupidly pondering and trying to inform the investing public (or the group of fools, that choose to take advice from fools..) but not only do they have poor English skills for journalists/investment advisors? But their maths sucks too!!

"This saw BrainChip declare an operating loss of US$8.56 million for the six months to 30 June 2022, down 1% year on year. That works out to be a loss per share of 46 US cents, or 66 cents in our currency"

They go on to say..

"So if you want a reason why BrainChip doesn’t fund dividend payments, look no further than those metrics" ???

Actually, 46 US cents loss x 1.72 billion shares, equates to a supposed 6 month operating loss of 791 MILLION US DOLLARS!!
That's more than 3/4 of a BILLION US dollars!!

Are they really that stupid to put that in print??
Or is that deliberately intended, to be a negative smear on the perception of our Company??

The actual loss for the 6 months is 0.0049 cents per share!!

Considering the quality of their previous articles on BrainChip, choosing to use us almost entirely to draw attention to their "investment picks" and usually with a negative slant..

I'm led to believe, that this is not a mistake at all and is an intentionally misleading statement!

Not only are they fools, by their own account, but they appear to have no journalistic or advisory morals either!

I wonder if this sham article, has anything to do with the ever increasing aggregate short position??

Increased tensions, with Putin upping the ante in the Ukraine, may unfortunately, give them some reprieve..

I called him out on twitter. Let's see if we get a response

 

[Xray1]

As it just happens, I intended to buy 1000 shares at market early Tuesday, and the same for my 17 brothers and sisters.
What a coincidence dont you think

Reminds me of the time when FF and us s/holders were able to promote/boost Peter's award win !!!

 

[GStocks123]

Interesting article on Qualcomm’s use of 4 bit quantisation, more so the last paragraph.

The future of model efficiency for edge AI

www.qualcomm.com

 

[RobjHunt]

Soz, just had too.

Did I just say that or just think it?

 

[Okeydokey01]

Soz, just had too.

Did I just say that or just think it?

View attachment 17150

Brilliant, well done!

 

[nannapat]

I keep saying enough is enough but just buy a few more because the price is going down and it's a steal at the moment. Can't help myself. I'm a brainaholic....

Always shopping for discounts . .88 how could one possibly say no, should it flip the correct way , Egypt here I come ….

Nan. xxx

 

[Fact Finder]

Interesting article on Qualcomm’s use of 4 bit quantisation, more so the last paragraph.

The future of model efficiency for edge AI

www.qualcomm.com

Great find @GStocks123

I particularly like this from the preceding paragraph:

"In the future, AIMET Model Zoo will provide more models covering new use cases and architectures while also enabling models with 4-bit weights quantization via further optimizations. AIMET Model Zoo makes it as simple as possible for an AI developer to grab an accurate quantized model for enhanced performance, latency, performance per watt, and more without investing a lot of time."

Am I being to hopeful to ask what company is supplying Ai using 4-bit quantization to Ai developers currenting who find the AIMET Model Zoo at 8 bit quantization useful via further optimizations enabling models with 4 bits are Qualcomm aiming to please.

The only one I can think of is Edge Impulse and its 50,000 developers who are using Edge Impulses Ai platform which we know from Edge Impulses public statement is built on AKIDA from Brainchip Inc.

Then of course there is ARM but none of its partners apart from Brainchip are as a matter of course using 4 bit quantization.

My opinion only DYOR
FF

AKIDA BALLISTA

 

[Fact Finder]

Always shopping for discounts . .88 how could one possibly say no, should it flip the correct way , Egypt here I come ….

Nan. xxx

Yet another case of no meaning yes, yes, yes. So hard to navigate the modern world. Fingers crossed you get your Egypt dream.
Regards
FF

AKIDA BALLISTA

 

[Kachoo]

Reminds me of the time when FF and us s/holders were able to promote/boost Peter's award win !!!

Yes as one well oiled up team we can do wonders. Always stronger in numbers mate!

 

[Murphy]

Yes they speak England goodly

As Manuel from Fawlty Towers would say..... "I learn it from a booook!"

If you don't have dreams, you can't have dreams come true!

 

[miaeffect]

Samsung's Lee to meet SoftBank's Masayoshi Son possibly over Arm deal

Samsung Electronics Vice Chairman Lee Jae-yong said Wednesday that he plans to meet SoftBank founder Masayoshi Son next month as the Japansese tycoon visits Seoul. "Next month, Son is expected to visit Seoul," Lee told reporters at Seoul Gimpo Business Aviation Center Wednesday afternoon as he...

www.koreaherald.com

Samsung and ARM next month. Can Samsung take over ARM?

 

[Fact Finder]

Earlier version of this paper posted back around May or so.

Now reviewed, edited and published in Frontiers few days ago.

Helps to understand why not all "AI" is the same as holders know just as not all Neuromorphic is the same even if the end goal is.

Worth a revisit HERE or read below as I snipped the paper.

The table is here as got edges cut on the scrolling snip.



View attachment 17140


View attachment 17141

As loath as I am to promote anything Russian at this moment at page 11 even these Russian academics recognise that Master Wilson has no idea as they devote the last two paragraphs of their AKIDA summary to one shot and continuous learning on chip. Master Wilson should not tell stories and should go straight to Head Masters office.

My opinion only DYOR
FF

AKIDA BALLISTA

 

[KMuzza]

Samsung's Lee to meet SoftBank's Masayoshi Son possibly over Arm deal

Samsung Electronics Vice Chairman Lee Jae-yong said Wednesday that he plans to meet SoftBank founder Masayoshi Son next month as the Japansese tycoon visits Seoul. "Next month, Son is expected to visit Seoul," Lee told reporters at Seoul Gimpo Business Aviation Center Wednesday afternoon as he...

www.koreaherald.com

Samsung and ARM next month. Can Samsung take over ARM?

Hi Miaeffect- this should be read as history to your article-

SK hynix mulls consortium for Arm acquisition

SK hynix, the world’s second-largest memory chip maker, is considering coinvesting in the acquisition of United Kingdom-based semiconductor design firm Arm by taking part in a consortium, its co-chief executive officer Park Jung-ho told reporters Wednesday. “We are considering coinvesting in...

m.koreaherald.com

Unfortunately the way of the commercial world- and while our BRN share price is being manipulated by other interests - BRN at this price with revolutionary tech and the “defacto standard” - even better than 8BFPt is a takeover target- see top 20list of shareholders- why/ who is behind Citicorp.

AKIDA BALLISTA UBQTS.

 

[Quercuskid]

What’s happening, is there an inquiry into BRN? It doesn’t appear to be trading??

 

[TheUnfairAdvantage]

What’s happening, is there an inquiry into BRN? It doesn’t appear to be trading??

Public holiday

 

[ItsKane]

Public holiday

Thank you!
- Confused kiwi