BRN Discussion Ongoing

Me n the 4C

tommyinnit-nope.gif
 
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HopalongPetrovski

I'm Spartacus!
I'll have to open an Onlyfans account too.
Do you have a referral code?
If a down night on Wall St and they decide to give it a good push down, maybe a good buying op. 🤣
Already raided the bloody couch!!!
Much of a market on Onlyfans for wrinkled ball sacks?
Asking for a friend...........🤣
 
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The only part of the 4C that gives us s/holders some hope I beleive, is the following significant statement made in the report,.... that being:

" We are seeing the greatest amount of sales activity and engagement in the Company’s history. "

IMO..... If these sales activities and engagements doesn't show or reflect an upward trend in the next 4C .... then Sean H should have some concerns and upset s/holders that he will need to deal with at the next AGM !!!
Absolutely. I don’t understand how you can say you’re seeing the greatest amount of sales activity when the sales are non existent
 
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wilzy123

Founding Member
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Mugen74

Regular
Absolutely. I don’t understand how you can say you’re seeing the greatest amount of sales activity when the sales are non existent
I guess it depends where exactly in the sales pipeline this activity is taking place?Obviously its not yet done deals but that doesnt mean no progress is being made in the background.
 
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SERA2g

Founding Member
The $3.4m accounts receivables in the half yearlys had terms of under 90 days which should mean receipts collected for this quarter.
If all we can do is watch the financials we must be able to also trust the financials and this if I’m being honest has me concerned


Below is straight out of the half yearly report.

Trade and other receivables is $3.5M. The note confirms the breakdown.

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I understood the Megachips licensing fee to be an accrual. If it's included in the above $2.5M debtors then I'd consider it to have been invoiced and so given it hasn't been received in the September cash flow, should show up in December.
 
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Bravo

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

Oat latte lover
WE STILL GOT A CHANCE.
SOMEONE PLEASE WIN THIS TONIGHT AND SAVE US TOMORROW
images - 2022-10-27T174316.591.jpeg
 
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wilzy123

Founding Member
Sales activity = $$$$ anything outside of that you can file under “engagement”.
If you say so...............................................................................................................................................................................................................................

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What other misleading statements would you like to make?​

 
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Below is straight out of the half yearly report.

Trade and other receivables is $3.5M. The note confirms the breakdown.

View attachment 20310



View attachment 20309

I understood the Megachips licensing fee to be an accrual. If it's included in the above $2.5M debtors then I'd consider it to have been invoiced and so given it hasn't been received in the September cash flow, should show up in December.
Megachips reports annually 31 March and half yearly on 30 September. Some big public companies always hold onto their cash prior to year end and half year no matter what.

"He who has the Cash also makes the Rules"
 
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Mugen74

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If they have "recognised" the income then regulations require that the company has a reasonable expectation of collecting the amount recognised - its just a matter of when. I did warn 3 months or so ago that shareholders should acquaint themselves with the difference between revenue recognised and cash collected.

That said, I was in the software business for a large part of my working life and have seen all manner of licensing conditions, including some that were, for want of a better term, vapourware. One of the difficulties with having a "pull through" licensing model (i.e. one where the immediate customer is not necessarilly the one making saleable products from the technology) is that you are reliant on your immediate client (eg. Megachips) signing up their clients to conditions that are favourable to you. It is doubly difficult when the technology being licensed is brand new and unproven in the general marketplace.................. :cautious:

There is no doubt that BRN's IP has been de-risked by being incorporated in some astonishingly good projects (eg, NASA, Mercedes and Prophesee) but it is clearly going to take more time for that to trickle down to incorporation in large scale deployments (i.e. very profitable and cash flow positive). If you are a believer then you are going to have to exercise patience, no matter how difficult that may be.

FWIW and DYOR
T
Me 'n the 4C


First this....

View attachment 20313

Then this....
Me 'n the 4C


First this....

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Then this....


View attachment 20314

Followed by this...

View attachment 20315

PS: please drink wresponsibly.
As long as it is a Henske you will get through this
 
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AusEire

Founding Member. It's ok to say No to Dot Joining
If a down night on Wall St and they decide to give it a good push down, maybe a good buying op. 🤣
Already raided the bloody couch!!!
Much of a market on Onlyfans for wrinkled ball sacks?
Asking for a friend...........🤣
Ask @BaconLover he's the resident OnlyFans expert here! 😂😂
 
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ItsKane

Regular
I've almost bought all the way down to my first purchase 👀 and I'll stubbornly carry on
 
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Pmel

Regular
It is really getting very hard to hold on to. It is been almost a year with no revenue related announcement and not much in the 4c either. So have to wait another 3 months as compnay said watch financials and they may not even make any income related announcement. Dont know what do do hold or sell.

On another note , has WBT made any revenue yet?.
 
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Adam

Regular
Well done . I have had them on my watch list since you mentioned them a couple of months ago . 20% increase just today bodes well for BRN when it pulls its head out of the sand .
She's just like a penguin in bondage, boy...
 
Below is straight out of the half yearly report.

Trade and other receivables is $3.5M. The note confirms the breakdown.

View attachment 20310



View attachment 20309

I understood the Megachips licensing fee to be an accrual. If it's included in the above $2.5M debtors then I'd consider it to have been invoiced and so given it hasn't been received in the September cash flow, should show up in December.
Hi @SERA2g and all,

I am disappointed because I expected the debtors at least so knowing as I do payment terms are not write in law I should have sort confirmation. A lesson for the future.

Leaving my failure to enquire earlier to one side just for the moment lumpy is what we were told to expect so it is what it is.

I have pitched some questions drawn from mine and others concerns and will hopefully have a reply. Once I do I will post some facts.

Until then I leave this thought. Over the last several weeks we have had here a number of leads of the type of Blu Wireless exposed. The Ford Siemens and Sony dots today being the most recent speculations. These dots are appearing much more often and even Techs Ai company yesterday and their patent came out of nowhere.

The point being what we are seeing does appear to fit with the narrative in the 4C regarding sales activity.

Anyway will post again once I have some facts to pass on.

My opinion only DYOR
FF

AKIDA BALLISTA
 
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Dang Son

Regular
Hi
Based on the Adam's report there will be a motion for an Asic Inquiry put before parliament at 11am Thur.(today)
In this video description (posted last night) there is a list of senators that may need a nudge to vote yes for an Asic Inquiry.

Hi
This Motion to investigate ASIC performance records put forwards by Senator Bragg has been PASSED
 
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HopalongPetrovski

I'm Spartacus!
People have been doing this forever.............🤣

 
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