I have slept on my response to give a little time for the emotions settle so that it could be put forward in a sensible and measured structure. Here goes ……
FARK ME . FAAAAARRRK ME SEAN!
Nah seriously now .
I am normally a very patient investor. However my patience is now tested. This wait for this revolutionary technology is unfortunately being delayed due to factors more important than the technology itself.
When man first discovered fire, I’m sure there were many other factors on his mind (like everything wants to kill and eat me). Did he put off selling his fire to the world.
The wheel was adopted pretty quickly. The metal axe and sword. The steam engine. The car. The telephone. The list goes on. Progress. If it is important enough, critical enough to progress in an efficient and proficient way….,,.it will sell.
Has Akida been sold. We have been shown very little “cash receipts” to date for such a revolutionary product. Let’s remember “ BrainChip is the worldwide leader in edge AI on-chip processing and learning. The company’s first- to-market neuromorphic processor, AkidaTM, is worlds first Neuromorphic Chip”
Now. The 1000 eyes have put together I mighty list of possible customers and products that could contain Akida. Why, I myself have contributed occasionally with my own beliefs. Most recently I stated I most certainly believe TDK i3 micro sensor has Akida technology. It is a low power sensor with edge AI. Producted Launched! On the market and selling now. TDK did not put off development and sale of this product because of COVID, war or any economic crisis in the east or west. It saw a need for the product and it is now out there. It’s called progress. Who else has this edge AI technology if Brainchip hasn’t sold it. It’s meant to be 3 years ahead of the competitors yet here is a product in the market. And Akida is not. This is one example. There are many more where we are told there is an alternative AI in the product. But wait. The product is just that. It’s a product with similar technology being sold. There is a need for it and it’s out there now !
We are being told there are extended valuations, budget decreases and delayed introduction of new technology. Someone should tell Brainchips competitors that. Because I see many products out there with AI and a lot are operating on the edge. Don’t start me on Mercedes’ We are being told that models are being released with the new MBUX with all the smarts and edge AI but it’s not Akida yet. It might be in models released in later years! WTF!
I’m disappointed to even post this as I know I will be ridiculed and said I am a downramper etc. some will defend the company and say “there are sales. We just haven’t seen them yet! There are things called NDA’s….. give them time. It’s outside their control. We were told it’s lumpy, we’re getting lumps“.
It’s now crunch time. There are no lumps. Just a crumb. The company has to deliver this current quarter or I am afraid they may never. If you have the worlds first of anything, you must be able to sell it. Why, because people are still actually selling ice to the Eskimo’s. No shit!
I leave it that. No more from me till January 23.
Edit: the company should put a freeze on bonus/share payments until it can sell more than it spends. Even advancement of technology bonuses! What’s the point if it can’t be sold
I was contemplating exactly what you wrote and beat me to the keyboard. I am positive on BRN and haven't sold a single share over the years, but this is the one thing that is giving me some concern. If these other products are on the market or launching as we speak, then who's technology are they using. If its not ours, then is there something more superior out there or at a better pricepoint. The new mbux is touted to have AI in it, and everything that the mbux can do is what we thought akida was perfectly suited to. Yet its someone else's technology and as time goes on their technology will improve, just like how our tech does!
Or, i could be totally wrong and the comment,
"
, could infact lead to many income receipts over the next period?
What I would like to see the company do is to give us an update of the status of the many NDA's they have?
I know they can't divulge specific information, but surely the can provide discreet numbers on the number of current NDA's, converted and dead. They can provide, timing such as inception of the NDA, and percentage completion or conversion to a full licence, and potentially what type of revenue streams that NDA would eventuate into.
Nothing sensitive, but a bit more info than word like dozens or upwards of "X" NDA's, would be good.
