BRN Discussion Ongoing

[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?

 

[Deleted member 118]

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

Still holding, but come on $100k was a shot in the arm to most if not all of us.

 

[Deadpool]

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.

Onya Labsy

 

[Straw]

I'll be standing on the headland chuckling quietly as they thrash/trash around impotently. Hopefully they tire themselves out sooner than later and sink to the bottom to get eaten by slimy hagfish.... the perfect place for them where they can discuss what happened to their respective backbones.

 

[FJ-215]

Hmmmmm.........go

Or not.......

Can't link any videos from these heath care professionals

 

[Cardpro]

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.

Company does not have any new license deals and that's after aggressively expanding the sales team & hiring "seasoned AI semiconductor sales executive"...

They should get their shit together and focus on ⁶ executing material deals, all these EAPs & NDAs are not good enough, even much more smaller companies have those and we need to remember that being best doesn't mean we will succeed... if a big company with somewhat comparable technology can easily fk us up...

I know people will say but we have Renesas & MegaChips deals... yes we do but we 'only' have those two and they were executed a while ago... wtf is happening with Valeo, Ford, Nasa, Vorago Tech, and other EAPs hiding behind 'NDAs'?

100k in revenue is a disgrace, even sales team alone will cost us much more than that not to mention cost of hiring engineers /support engineers...

Ah well, I guess it won't change anything fundamentally other than the fact that there were no additional cash inflows

Very sad and disappointing

 

[Straw]

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.

This needs to be read again.

 

[DingoBorat]

People directing angst at the Company, have rocks in their heads in my opinion.

If you want to direct your anger at someone, over a slower than expected commercialisation uptake, high petrol prices, high food prices, "high" interest rates etc etc..

There's only one man to blame..

If you don't know his name, I'm not sure what to say about that ..

BrainChip will be hugely successful and will have visible use cases, everywhere in the World around us, or there will be Armageddon.

I don't see another option.

The BrainChip team, are still working their hearts out, so all shareholders can benefit immensely in the future.

If you're upset about the meatless broth, that was served up in the 4C..

Maybe consider a Bex and a good lay down..

I was cursing someone's name today and they are definitely mortal..

 

[overpup]

Still holding, but come on $100k was a shot in the arm to most if not all of us.

Yeah I must admit it was a bit of an anti-climax, after getting my hopes up!

 

[ndefries]

We were told income will be lumpy. Half year had good numbers and included licenses that we will bill for in future. This is just cash received in the quarter. I rather look at broader opportunity than three month of cash receipts

 

[Straw]

Company does not have any new license deals and that's after aggressively expanding the sales team & hiring "seasoned AI semiconductor sales executive"...

They should get their shit together and focus on ⁶ executing material deals, all these EAPs & NDAs are not good enough, even much more smaller companies have those and we need to remember that being best doesn't mean we will succeed... if a big company with somewhat comparable technology can easily fk us up...

I know people will say but we have Renesas & MegaChips deals... yes we do but we 'only' have those two and they were executed a while ago... wtf is happening with Valeo, Ford, Nasa, Vorago Tech, and other EAPs hiding behind 'NDAs'?

100k in revenue is a disgrace, even sales team alone will cost us much more than that not to mention cost of hiring engineers /support engineers...

Ah well, I guess it won't change anything fundamentally other than the fact that there were no additional cash inflows

Very sad and disappointing

Its a wonder you're still holding then...clearly you must see a positive future. The company stated it would be "lumpy" so you only have your own expecation to be annoyed with.

 

[TheDrooben]

Revenue from IP was always going to be slower than direct sales but it will be greater in the long term......the company flagged this strategy earlier. It's all about ubiquitous drip feeding which will be greater than the odd blood donation.........happy Halloween

 

[Boab]

 

[Fact Finder]

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.....

You had me till you compare fruit juice with scotch.

Scotch is proven in a University study to reduce back pain when taken as directed which is often.

What has fruit juice ever done to reduce back pain.

I call for all Scotch lovers even those without back pain to continue the ongoing research as there can never be too much data.

My opinion only DYOR
FF

AKIDA BALLISTA

 

[wilzy123]

Company does not have any new license deals and that's after aggressively expanding the sales team & hiring "seasoned AI semiconductor sales executive"...

They should get their shit together and focus on ⁶ executing material deals, all these EAPs & NDAs are not good enough, even much more smaller companies have those and we need to remember that being best doesn't mean we will succeed... if a big company with somewhat comparable technology can easily fk us up...

I know people will say but we have Renesas & MegaChips deals... yes we do but we 'only' have those two and they were executed a while ago... wtf is happening with Valeo, Ford, Nasa, Vorago Tech, and other EAPs hiding behind 'NDAs'?

100k in revenue is a disgrace, even sales team alone will cost us much more than that not to mention cost of hiring engineers /support engineers...

Ah well, I guess it won't change anything fundamentally other than the fact that there were no additional cash inflows

Very sad and disappointing

 

[Mugen74]

People directing angst at the Company, have rocks in their heads in my opinion.

If you want to direct your anger at someone, over a slower than expected commercialisation uptake, high petrol prices, high food prices, "high" interest rates etc etc..

There's only one man to blame..

If you don't know his name, I'm not sure what to say about that ..

BrainChip will be hugely successful and will have visable use cases, everywhere in the World around us, or there will be Armageddon.

I don't see another option.

The BrainChip team, our still working there hearts out, so all shareholders can benefit immensely in the future.

If you're upset about the lump less broth, that was served up in the 4C..

Maybe consider a Bex and a good lay down..

I was cursing someone's name today and they are definitely mortal..

I think theres at least 2 to blame at a bare minimum!(Lets Go Brandon)aggh politics
OT heres some existential music full of hope to soothe any souls in need.
Lifes full of hiccups,just enjoy the ride all roads lead to paradise eventually

 

[Straw]

You had me till you compare fruit juice with scotch.

Scotch is proven in a University study to reduce back pain when taken as directed which is often.

What has fruit juice ever done to reduce back pain.

I call for all Scotch lovers even those without back pain to continue the ongoing research as there can never be too much data.

My opinion only DYOR
FF

AKIDA BALLISTA

Im sure I can come up with some spin off projects. The more R&D the better.
Im sure @Slade would agree.

 

[cassip]

Just for a correct understanding:
4C reports only customer receipts, that means, how much of the previous sale was received in cash, is this right?
It does not show any sort of revenue at all.

Corresponding to the half year report of June 30, revenue was 4.831.081 USD of which 1.553.000 now (see "customer receipts") have been paid so far.

Net loss the half-year endet June was about 8.255.802 USD (for the period). Cash at end of quarter (30.9.) was 24.641.000 USD.

As it says in the headline, a 4C is a quarterly cash flow report. That differs from the usual "Quartalsberichte". There is no statement made about EBIT here or revenue/Umsatz.

Regards
cassip

 

[skutza]

So why did BrN wait until after the asx closed to put out the 4C announcement? As that was probably the worse timing ever if you ask me unless we get a trading halt before opening tomorrow, otherwise I think that’s a dreadful decision by the management and someone should be held accountable

I agree with this sentiment. Although its not something I'm too concerned with, overall the feeling that hiding a 4c (by any company) at the end of the day is just suicidal. Lunch time when the markets are at their quietest. Why after market so all the shorters and funds can get together and work on an overall plan to root retail in the arse over and over. All companies seem to do it, I just don't understand the mentality. Anyway, I can't sell because my buy is too low and I'd hate to sell some make 5-10% but would end up not buying as many back. I'd probably be better off to do so, but I'm too busy to watch the best time to buy and sell. I bought a large amount of Resmed (ASX RMD) early 2003. That has shown me how investing makes wealth not trying to second guess the market. Good luck all with whatever you decide.