BRN Discussion Ongoing

[Xray1]

If only the Co could stick rigidly to it's own statement / commitment as per this 4C, ... in that:

" The Company will continue to update the market on material events and maintain monthly Podcasts designed to inform all constituents of the Company’s progress and industry trends. "

Let's just see how this the Co performs this quarter on keeping us s/holders informed with full and frank disclosure of all material events in a timely manner in accordance with their fiduciary duty and with their own above mentioned Co statement ..... or will we see yet another " Cone of Silence " scenario this quarterly period.

 

[Deleted member 118]

 

[Sirod69]

Only for Bravo

There is one animal for which my homeland, Sweden, is particularly famous. And you could say that Mercedes-Benz AG also has a very special connection to it: I’m referring to the moose, of course – or rather the so-called ‘moose test’.

I remember all too well the news 25 years ago, reporting how the then-new A-Class rolled during the evasive manoeuvre test conducted by the Swedish magazine “Teknikens Värld”. Looking back, the incident marks nothing less than an historic turning point: #MercedesBenz upgraded all 18,000 vehicles already delivered at no cost to customers and from February 1998, the system became a standard feature in the A-Class. From 1999 onwards, all model series were successively equipped with ESP® as a standard feature and in November 2011, it even became a legal requirement for all new car registrations in Europe!

Today, the brake control system is closely networked with more than 100 vehicle functions. And with our advances in #software, we continue to drive our vision of accident-free driving: in the future, a central software based on the future MB.OS platform will replace the current architecture with its many control units and lines. This will minimise possible sources of error and provide the basis for control systems to respond to sensor signals even faster.

 

[Baron Von Ricta]

I posted this a week or so ago;-
I'm no accountant but if the Revenues from January to End of June was $4,831,081 and the Receipts from Customers for the same period was $1,435,000 then wouldn't the balance of $3,396,000 show as receipts from customers in the September 4C. (That's if the money has been received)

**Revenues are earned when goods are sold or services are provided; at this point, an invoice is issued to the customer for payment, after which the seller receives payment from the customer (the “receipt”). Thus, an additional difference is really just a matter of timing, where the revenue is recorded first, and the receipt is recorded later, when the customer pays.**

So if the reported receipts from customers in this 4C was $118,000 and IF that was part of the 1/2 yearly revenue then there is still 3.278M revenue which has not yet been paid by customers. So if this amount had been received in the last 3 months and this 4C showed receipts as 3.278M then there would not be nearly as much fuss as is happening. So we assume that this outstanding 3.278M will show up in the next 4c.

But the shorters and the impatient will put a negative spin on this and most likely the share price will get hammered. If you still believe then hold tight because things can turn quickly.

My opinion only and not worried.

 

[TECH]

Well, there we/you have it.

A little bit of copy and paste.

As you can see the expenditure going into R&D is outweighing all other outgoings, 2/1 but a little positive that some people may have
overlooked.... $115,000 USD spent on "Product Manufacturing and Operating costs"

Indicating (despite small) something was/is being experimented with ... purely my opinion.

Am I disappointed, of course I am, is the company disappointed with uptake at this point, I am very sure that they would be, despite the comment about "sales activity".... I personally put that statement in the fluff category at this time.

I will be buying more stock, as the pressure southwards is a given in my opinion.

Correct me if I'm wrong here, but it looks like Lou has offloaded close to half his holding, and Anil has lightened off a touch as well.

Still giving the company 2 full years (grace) to deliver, 100% backing us to succeed, but don't like the reasons given by Sean regarding the technology and potential companies budgeted positions, just get out there and deliver.

Roll on 1 January 2025.........NO EXCUSES.

Tech x

 

[Fact Finder]

View attachment 20353


Sally Atkinson of Edge Impulse

Sally Atkinson on LinkedIn: We're happy to be joining our partner BrainChip at their stand at IoT…

We're happy to be joining our partner BrainChip at their stand at IoT World in Austin next week! Please get in touch to schedule time with our teams

www.linkedin.com

Pity sounds like it would have been a great event but after this 4C Edge Impulse will probably pull out.

What did you just call me Blind Freddie that’s disgusting and uncalled for. Why would you say that?

Really? Edge Impulse don’t care about a 4C.
Really. Well what do the care about?

The revolutionary technology, the partnership with ARM and the customer engagements and reactions.

So your saying this 4C has not changed anything? Well you could have been a little bit more polite and certainly less aggressive.

My opinion only DYOR
FF

AKIDA BALLISTA

 

[FJ-215]

Oh well that gives me time to lose 20kg by next 4C.
Cue MF pin heads.

G'day Straw,

Not the 4C we wanted and given the

"We are seeing the greatest amount of sales activity and engagement in the Company’s history.
However, the current global technology market has created economic dynamics that have
extended evaluations, decreased budgets, and delayed introduction of new technology"

I don't think the next one will be much chop either. Speaking of chops, get PF to google keto diets.

10+ kegs lighter by xmas

Ferrets are carnivores, right?

 

[Diogenese]

So I should say fat and under the radar?
Tempting.

How about:
Doth yonder MF pin heads wail,
For sooth ain't truth from greedy fail,
Yet gleely wonder their toothless grin,
For all their crap is in the bin.

I have no idea if any of that makes sense but it sounds good. Shakespearian limerick?

More Jabberwocky than bard.

 

[ForrestofHope]

View attachment 20353


Sally Atkinson of Edge Impulse

Sally Atkinson on LinkedIn: We're happy to be joining our partner BrainChip at their stand at IoT…

We're happy to be joining our partner BrainChip at their stand at IoT World in Austin next week! Please get in touch to schedule time with our teams

www.linkedin.com

Justin from Raytheon likes that Sally Atkinson is going to join their partner Brainchip at IoT World.

He doesn't seem to be put off by the latest 4C.

 

[David holland]

Watch the Financials the Ceo stated, 1 question how can a company not have to explain reports to there shareholders & keep everything a secret , how does shareholders have faith in a company saying nothing, how do we know if it's all bullcrap , Just saying

 

[Mickey]

Two months until the end of the year, 2022, this is meant to be the year of…‘sales explosion’. Hmmm I hope the extra shares I purchased due to this statement was not misleading.
Here’s hoping for some decent announcements in the next two months, otherwise will need to re-evaluate after next 4C.
Anyone concerned LDN has offloaded nearly half his shares? I also expected more institutions in the top 20.

Let’s see what the next two months bring -
hopefully positive announcements via BRN or MB style.

Over and out.

 

[SERA2g]

If only the Co could stick rigidly to it's own statement / commitment as per this 4C, ... in that:

" The Company will continue to update the market on material events and maintain monthly Podcasts designed to inform all constituents of the Company’s progress and industry trends. "

Let's just see how this the Co performs this quarter on keeping us s/holders informed with full and frank disclosure of all material events in a timely manner in accordance with their fiduciary duty and with their own above mentioned Co statement ..... or will we see yet another " Cone of Silence " scenario this quarterly period.

Just for some clarity, can you please clarify exactly what material events have occurred that have not been disclosed to us (and would mean that continuous disclosure obligations have not been met).

Before you do though, I'd just like to note:

1. If a company has licensed our IP then an announcement will be required
2. We have already received announcements for the IP licensing deals with Renasas and Megachips
3. What Renasas and Megachips do with our IP is their business, we won't receive announcements when their customers implement our technology
4. Our licensing partners don't need to disclose any information to us about their customers
5. Our licensing partners do need to inform us of sales volumes etc so that we can invoice for royalties appropriately
6. We have already received an announcement for the commercialisation of the akida boards, raspberry pies etc
7. We will not receive announcements every time a company orders a board to test our technology
8. Companies don't have to license our technology to be able to use it - they can utilise our technology via Renasas and Megachips (which means we may never find out who some of the companies that use our technology are)
9. The 4C contains engineering support fees which indicates that we have been assisting prospective customers and/or our licensing partners with the implementation of akida in products
10. Until a product is commercialised and sold, we will not receive royalties

From where I stand, your 'cone of silence' comment is unfair. We know exactly who has licensed our IP. We know our tech is commercially available. We know our tech is silicon proven.

We also receive monthly podcasts which keep us updated on all things happening in the semiconductor and generally at brainchip.

I'd love to know which material events I'm missing.

 

[Straw]

G'day Straw,

Not the 4C we wanted and given the

"We are seeing the greatest amount of sales activity and engagement in the Company’s history.
However, the current global technology market has created economic dynamics that have
extended evaluations, decreased budgets, and delayed introduction of new technology"

I don't think the next one will be much chop either. Speaking of chops, get PF to google keto diets.

10+ kegs lighter by xmas

Ferrets are carnivores, right?

I'll be eating a small amount of meat with loads of raw veges. So PF may get really hangry which will be handy when the inevitable special people turn up on here. Fortunately they are very easy to identify and will be reported hopefully by all other reasonable posters.
Im very patient when it comes to chops.

 

[TasTroy77]

Only another 14 weeks and 1 day until we get out next quarterly report and I hope it ain’t as bad as this one as it must be the worse since the company joined the asx or Louis the previous CEO mislead us share holders with all his ball shit about 2022. Not surprising he left by mutual understanding

If you're not happy with the company Rocket there is always the option to sell out if you don't have enough research to back up your conviction to invest long term

 

[FJ-215]

I'll be eating a small amount of meat with loads of raw veges. So PF may get really hangry which will be handy when the inevitable special people turn up on here. Fortunately they are very easy to identify and will be reported hopefully by all other reasonable posters.
Im very patient when it comes to chops.

NO!!!!!

I spent a lifetime on the tools and thought that was the reason my body was disintegrating. Turns out it was carbs (sugar). Can do keto as a vegetarian, just need to swear off grains mostly and potatoes.

And fruit juice, may as well be drinking neat scotch!!!

Edit.....

Get PF on the case,

Maybe he/she/they (yawn) can search for Robert Lustig, Ben Bikman, Peter Brukner.

Tried to link............................

The Food Revolution 2016​

You will need to copy/paste etc.....

 

[Labsy]

Interesting words such as "slaughtered" and "pitchfork" coming from these
"emerged" characters. Good try fellas. I'll go out on a limb and predict minimal negative movement, but lots of accumulation. Why? Because fundamentals are better than ever and I love the comment "we are seeing the greatest amount of sales activity and engagement in the company's history"...
I, as a longterm investor who understands the foundations of this company and trajectory will not be swayed, but will indeed accumulate. I suspect a silent majority will do the same... So let's see where we are in 2 weeks time...I know the large instos won't be selling...they'll be gobbling up, hoovering, thrashing about like killer whales attacking schools of fish. Feasting on the little fishies....
Are you little fishies running for your lives? Or should you do as the whales do???
Sell up if you are concerned of this 4c and piss off back to hc. I couldn't care less to be honest.

 

[Wallace]

The 4C isn’t hugely unexpected. Things take tome to build, BRN are still building, be patient. We were told revenue would be lumpy.

Yes it’s frustrating and yes we would all like the SP to be $2.50+ already but nothing has changed with the company, the technology or the opportunities in the future.

Last 4C, the revenue showed $5M and happened to the share price in the days after? The share price has dropped 40cents since then. I think the market has factored in no revenue, which has always been the shorters argument. So no revenue is what was expected from the market and no big deal short term. Expecting decent revenue to pick up from early 2023 and continuing strongly into 2024.

You never know, we might even see a green day tomorrow

 

[FJ-215]

NO!!!!!

I spent a lifetime on the tools and thought that was the reason my body was disintegrating. Turns out it was carbs (sugar). Can do keto as a vegetarian, just need to swear off grains mostly and potatoes.

And fruit juice, may as well be drinking neat scotch!!!

Edit.....

Get PF on the case,

Maybe he/she/they (yawn) can search for Robert Lustig, Ben Bikman, Peter Brukner.

Hmmmmm.........go

Or not.......

Can't link any videos from these heath care professionals

 

[AusEire]

Interesting words such as "slaughtered" and "pitchfork" coming from these
"emerged" characters. Good try fellas. I'll go out on a limb and predict minimal negative movement, but lots of accumulation. Why? Because fundamentals are better than ever and I love the comment "we are seeing the greatest amount of sales activity and engagement in the company's history"...
I, as a longterm investor who understands the foundations of this company and trajectory will not be swayed, but will indeed accumulate. I suspect a silent majority will do the same... So let's see where we are in 2 weeks time...I know the large instos won't be selling...they'll be gobbling up, hoovering, thrashing about like killer whales attacking schools of fish. Feasting on the little fishies....
Are you little fishies running for your lives? Or should you do as the whales do???
Sell up if you are concerned of this 4c and piss off back to hc. I couldn't care less to be honest.

Well said mate

 

[Deena]

Did you notice that Peter Van Der Made has reclaimed his position at the top of the top 20 shareholders?