BRN Discussion Ongoing

[Kachoo]

Well after a nights sleep I have come to the conclusion that this drop and severity of the drop was because:

1. Some unhappy holders
2. Additional short sellersadding volume
3. Stop losses triggered.
4. More fear during the drop
5. Alittle more push down by shorts

To the point that new buyers Investers found value to buy. The volume can easily be absorbed buy the short buyin on another account an then settling later on the short. In the long run it will be interesting how many shorts covering wad completed. They have a nice runway to buy up now. IMO

I will add that I did feel fear during the drop I felt that 70s would have held but it did not. Then real fear hit me but I just shut it out over the next few months things will iron out and the stock should recover nice. There is too much happening. Yeah sales are important 100 percent but I do se how industries are really buckling up spending and . One has to remember that these companies have debt and likely no approved spending on any project that does not generate revenue. I would have thought innovation would continue but April to October has been painful for many. When they understand the finanacle direction then I think things will return to a more Norman pace.

I do really wonder as I'm not in the industry but what and how the finanacle decision to lock in the contract and pay really works.

Also are many waiting on the better version of Akida 2.0?

Anyway today is a new day keep chugging away at life if your moving forth your alive be happy!

 

[Fact Finder]

Sorry FF but I think point 5 in above list is either incomplete or misleading to generalise it like that.
Akida 1.0 will outperform those in some aspects but can it do everything that GPUs and CPUs do? They are made for different purposes.

For me this is like comparing motor bikes to cars to buses and saying the motor bike outperforms the other two without saying in what aspect. They all have their own strengths.

Happy for you to point to the source for me to learn more if I'm incorrect.

My opinion only.

Hi Milo
As you are emerged you might not know that I am a self confessed technophobe and as such I do not claim any technology expertise so I rely upon the engineer/s in our midst to keep me on track and accurate.

What I do, do, in a haphazard way is remember what is said and 95% of my posts are from memory so you need to do your own research but in making point number 5. I relied upon the following:

1. The Screen shot posted of the Edge Impulse presenter standing in front of the graphic comparing AKIDA technology to GPU's and CPU's and as Brainchip had a much bigger bar by some measure he was suggesting what we have been told by Brainchip;

2. The first thing we were told by Brainchip was at the 2019 AGM presentation by Peter van der Made where he stated that 100 AKD1000 chips could provide all of the computing power necessary to achieve full autonomous driving;

3. The second thing we were told by Brainchip is that AKIDA 1.0 can process all five senses including vision as well as Lidar, Radar and Ultrasonics on chip and can do sensor fusion;

4. The third thing we were told by Anil Mankar is that others (I assume now to be Edge Impulse) were bench marking AKIDA against GPU's and it was coming up favorable to AKIDA; (Just reading your post again to make sure I did not miss anything out and it occurs to me that this statement by Anil Mankar makes your suggestion about cars, buses and motor bikes totally incorrect I think.)

5. The fourth thing we were told is that using the Meta TF platform and the CNN2SNN converter you can keep all your existing compute and run it through Meta TF and the converter and achieve all the benefits of spiking neural network processing;

6. The fifth thing we were told is that AKIDA can do on chip convolution;

7. The sixth thing we have been told at the same 2019 AGM by Peter van der Made is that AKIDA can do maths;

8. The seventh thing we have been told is that AKIDA 1.0 is capable of performing regression analysis for vibration detection; and

9. Finally the ability of AKIDA technology to process multiple video streams with state of the art performance was proven with Studio and Accelerator which both won industry awards both of which were based upon exactly the same but earlier versions of AKIDA technology.

So if I have been misleading I apologize but it was not with any intent as I have simply accepted all of these known facts.

I will leave it to the engineer/s here to take these facts and explain why point 5. is or is not misleading. Perhaps @Diogenese can assist or perhaps you can also as I am assuming you have engineering or data science qualifications though you have not stated so.

My opinion only DYOR
FF

AKIDA BALLISTA

 

[Fact Finder]

Surely increased institutional shareholdings can be a good thing too - in terms of continued vindication of the technology/product and the company itself?

View attachment 20519

In the perfect world I agree but I have as a result of my past careers and my acquired knowledge of how the Investment World works a jaundiced view of increasing institutional shareholding on days like Friday when in my personal opinion the fall experienced was just over the top.

In my cynical world I will always wonder if these increases in Institutional holdings were not as a result of manipulative selling down of the share price to create fear and cause what was a very tightly held stock without a lot of volume to be sold off in panic.

As I say this is just my jaundiced view so I am not celebrating because if I am correct it means some innocent retail investor, perhaps my homeless guy, has once again been handed the raw end of the pineapple.

My opinion only DYOR
FF

AKIDA BALLISTA

 

[Doz]

Interesting when we compare the following two statements , with the first from the June Quarterly report and the second from the latest September report . The yellow highlight is basically word for word , without change . The blue highlight clearly notes on a focus of deepening existing customer relationships and the continuation to invest in the next generation .

However , the September statement clearly indicates a new focus on key sales targets and converting into paid licenses .
Could be a very exciting quarter for all shareholders in my opinion .

 

[stan9614]

Interesting when we compare the following two statements , with the first from the June Quarterly report and the second from the latest September report . The yellow highlight is basically word for word , without change . The blue highlight clearly notes on a focus of deepening existing customer relationships and the continuation to invest in the next generation .
View attachment 20525
However , the September statement clearly indicates a new focus on key sales targets and converting into paid licenses .
Could be a very exciting quarter for all shareholders in my opinion .

View attachment 20526

exactly, i pointed the same thing out in hotcrapper to a regular poster who cried that the ceo promised getting new partners but fail. And it turned out that he couldnt understand basic english in the past 4Cs.

The ceo never really over promised anything in the past quarterly updates. And it was the first time in the past few 4Cs, that Sean mentioned that in the coming quarter, will focus on converting technical evaluation to paid licenses.

 

[Boab]

Interesting when we compare the following two statements , with the first from the June Quarterly report and the second from the latest September report . The yellow highlight is basically word for word , without change . The blue highlight clearly notes on a focus of deepening existing customer relationships and the continuation to invest in the next generation .
View attachment 20525
However , the September statement clearly indicates a new focus on key sales targets and converting into paid licenses .
Could be a very exciting quarter for all shareholders in my opinion .

View attachment 20526

Agree and also with an earlier poster who suggested some customers may be waiting for Akida next gen.

 

[Fact Finder]

“It took Tesla 17 years to turn a profit when it announced that 2020 was the first full year of profitability in the company's history. While the company generates substantial revenue from automotive sales and regulatory credits, it took some time to profit due to production costs and supply chain issues.8 Sept 2022

https://www.forbes.com › 2022/09/08

By The Numbers, How Does Tesla Make Money In 2022?
​

When I read someone state that the next 4C’s will be ‘make or break’ for Brainchip which at the most extreme assessment of its commercialisation phase has only been at it full time since June, 2021 I have to say based on Tesla what a complete load of old rubbish this statement is and completely miss states both the financial situation of the company and the development time lines for adoption of new technology into products.

So I say beware of wolves in sheep clothing.

What angers me as past evidence proves is long term genuine holders who do not panic and sell because in their hearts and minds they know the opportunity Brainchip presents but yet vent and spew negativity without regard to the impact their statements have on the less informed retail investor looking for facts and reassurance about the fundamentals of their investments in difficult times.

I remember a series of posts I had with @MC🐠 over at the other place about the influence he had on others which he initially did not accept. These posts related to dot joining not being negative by the way.

It is now the weekend and we have the second wave of more articulate manipulators spreading negativity that by itself does not withstand logical analysis but woven into backhanded positive statements will eat away at shareholder confidence.

An emerged poster throwing in a little “I think that is being misleading” comment to attempt to diminish a posts importance or at the very least inject doubt. There are lots of ways to ask for more information about a point which would not have this effect.

So remember Tesla but also take comfort from the fact that Brainchip sells IP using a developing ecosystem so does not have all the infrastructure and labour costs that Tesla had to deal with before reaching profitability but reach it, it did after 17 years.

My opinion only so do not believe a word I or anyone else says until you have DYOR
FF

AKIDA BALLISTA

 

[Calsco]

I have checked the TA thread but there are no updates. Just wondering if anyone has any charts or TA that will show us what the bottom is going to be or any outlook?

 

[Bravo]

Some interesting comments two days ago from Ola Källenius, CEO of Mercedes-Benz. Can't wait for Marcus Shaefer's "Neuromorphic Computing" blog, which should elaborate further on some of the points made here.

Mercedes CEO talks 800-volt future, electric G-Wagen

With two new EV architectures due around the middle of the decade—plus some rogue projects like the G-Wagen—Mercedes-Benz will be well-equipped for the paradigm shift.

www.greencarreports.com

 

[HopalongPetrovski]

Chin up folks.
There's always going to be good days and bad days for individuals and their portfolios.
Without them there would not be a viable market.
Certainly there is shorting and other manipulation that occurs and it is run by entities with deep pockets.
For the majority of retail players it is thinly veiled by the limited access provided to us by the "house" and their proxies, who make all the rules, and as such, the number one rule is, that the house always wins.
I have been informed, by others here, that large institutions, with the means and expertise to avail themselves of favourable trading access, also control bots, high frequency trading programs, shorting practices, dummy accounts and skewed in their favour trading terms.
As well they pay for and retain professional full time trading expertise and set up, infiltrate and run social media campaigns designed to influence.
In addition to these facilities they are apparently able to see where retail have their stop loss positions set and so can engineer campaigns using all of the above to trigger retail fear and greed against us.

The "house" is happy to have all this happen as all it wants is trading to occur.
It gets "it's" cut on each transaction, both coming and going and ipso facto, the more transactions that occur, the more it makes.

Of course the "house" will explain that shorting is "an important piece of a liquid and efficient market", but neglect to explain further that,
"It is widely agreed that excessive short sale activity can cause sudden price declines, which can undermine investor confidence, depress the market value of a company's shares and make it more difficult for that company to raise capital, expand and create jobs."

We are very much the minnows in this ocean surrounded by sharks, whales and all sorts of bottom feeding rat analogues.

Fortunately, we can learn, and by being aware of the game and the big players tactics, refuse to be played with, on their terms.

Weigh what you see and learn here, and in your other research, and after sifting it through your own understanding lend its credence to your own plan and strategy.
Each of us have our individual circumstance's and responsibilities to attend and cater to and so should be wise in the allocation of our funds having built in reserves for periods such as this when the market moves against us.

As has been said above, over and over, though our share price fell yesterday by 20% our value was not altered one whit.
Only those that actually brought or sold crystallised any personal, transitory value.

An expectation of what was to be revealed by the 4C, held in the minds of many was not met.
This fact was seized upon and used as part of a campaign to push our share's price further down in the hope of causing a cascade effect.
I think they had reasonable success, but they didn't get any of mine.
I picked up more, because even though the manipulated market currently says we're only worth 67 cents, I believe that same market will, over time, reflect many multiples of that amount.
When? Pantene knows and after global pandemics, shooting wars in the Ukraine, climate instability and economic and political shakiness, who can say what further is in store for our times.
We have a good team executing a good plan with a good product which is needed going forward and are as protected as we can be.
Are we there yet? No, but we are well on our way.
I expect I may sell those few shares I picked up yesterday at .77 when they get to 77.
That's part of my plan.
Be Well and Happy Folks.

 

[Fact Finder]

Some interesting comments two days ago from Ola Källenius, CEO of Mercedes-Benz. Can't wait for Marcus Shaefer's "Neuromorphic Computing" blog, which should elaborate further on some of the points made here.


View attachment 20537


View attachment 20538 View attachment 20539

Mercedes CEO talks 800-volt future, electric G-Wagen

With two new EV architectures due around the middle of the decade—plus some rogue projects like the G-Wagen—Mercedes-Benz will be well-equipped for the paradigm shift.

www.greencarreports.com

Goodness me there is that nasty 2024 year being thrown around again.

That is a whole five 4C’s away.

“We’ll all be ruined said Hanrahan”

What’s that Blind Freddie Brainchip has over $US50 million dollars available to meet a cash burn of around $15 million per annum but is that enough to get us to 2024 that’s over 12 months away?

Why are you putting on your hat? Where are you going? Speak to me? Why did you slam the door?

All I asked was is $US50 million enough to keep the lights on at Brainchip for another 12 months.

My opinion only DYOR
FF

AKIDA BALLISTA

 

[alwaysgreen]

A difficult day replaced by a new one. So I am resetting my attitude as I became too confrontational for which I apologise.

I believe in the big picture and one 4C is like a zero in a scene being monitored by AKIDA it just does not rate a spike and certainly not the one seen yesterday.

There are at least 21 reasons why this is so and I posted them yesterday but for the moment ignore every single one of those points and consider how a few million dollars in the 4C can out weighs this publicly, Edge Impulse advertised FACT about AKIDA 1.0.

AKIDA 1.0 out performs GPUs and CPUs.

In the following Techradar surveys the best cheap GPUs are discussed and they are all priced in the hundreds of dollars.

The best cheap graphics cards of 2024: top GPUs on a budget

Get the best cheap graphics cards for your dollar

www.techradar.com

In the tests conducted by Nviso it was able to run AKIDA at 1,000 fps and privately it stated they had achieved 1,670 fps.

In Gaming I am informed by another poster here that frames per second performance is very important and I have even found an article which explains this:

Does Graphics Card Affect FPS? - PC Guide 101

Hence the answer to the question, "does graphics card affect FPS"? is a resounding yes! The choice of graphics card has a direct impact on the FPS on

pcguide101.com

Now if you have opened the above link and read the article you will have found it includes a chart of the frames per second performance of better GPUs and they are sitting in the low hundreds of fps.

By now you might have started to see the very, very big picture and why one 4C or a dozen 4C’s means absolutely nothing against the FACT that:

1. Rob Telson has secured a partnership with Edge Impulse;

2. Edge Impulse has over 50,000 developers using their platform;

3. Edge Impulse has recently completed the incorporation of Meta TF into its platform;

4. Edge Impulse is encouraging these 50,000 plus developers to use Meta TF;

5. Edge Impulse is publicly stating that AKIDA 1.0 out performs GPUs and CPUs;

6. AKIDA 1.0 costing $25.00 runs at more than tens of hundreds of fps;

7. GPU’s costing $100’s run at less than a couple of hundred fps; and

7. The bonus FACT MEGACHIPS largest customer is Nintendo and Brainchip is a contracted supplier of AKIDA technology to MEGACHIPS.

My opinion only I will take the above FACTS over a sugar hit in a 4C every day of the week.

Remember the Data Scientist PhD student who described AKIDA 1.0 as a BEAST? Well that is exactly what it is.

Now add back the 21 other reasons to ignore a 4C result and if an investor cannot now see the very, very big picture staring them in the face then there is nothing more to say.

My opinion only DYOR
FF

AKIDA BALLISTA

It's all love here mate. Yesterday was just a bloody disappointing day on a journey we all hope ends the same way. Today is a new day.

 

[Izzzzzzzzzzy]

I have checked the TA thread but there are no updates. Just wondering if anyone has any charts or TA that will show us what the bottom is going to be or any outlook?

Charts unfortunately don’t help with this, BRN has been going off the general market down trend and up trends and after this news it went down. Many people lost confidence and sold out. My opinion only, dyor. I guess we can hopefully see something during this quater based on what the ceo said in 4c. However, that will only show on the next 4c unless there are updates in between from the company. Nothing has changed in the company to be honest people just got tired off holding. New technology never seen in the world before trying to commercialise is not easy, sometimes the world is not ready for it, however, I believe with the use cases presented by the the company it is a good time. Talking to clients and educating them takes times. People don’t like change.

I actually want to buy a house next 6 months so I’m thinking of selling all my shares in everything. I just wanted to get people’s opinion on this as I feel like it will be a big mistake LMAO

 

[JK200SX]

Institutions and Mutual Funds have remained unchanged!

View attachment 20424

To all of you that sold yesterday, the mutual funds and institutions ended up buying some of your shares. I wonder why?

In the great mans words, “The stock market is a device for transferring money from the impatient to the patient.”

 

[Izzzzzzzzzzy]

To all of you that sold yesterday, the mutual funds and institutions ended up buying some of your shares. I wonder why?

In the great mans words, “The stock market is a device for transferring money from the impatient to the patient.”


View attachment 20541

How much did the ownership increase by? The % specifically

 

[JK200SX]

How much did the ownership increase by? The % specifically

0.03% or ~520,000 shares. It doesn't seem like much, but their holdings increased on a day that was touted as a negative by some.

 

[TopCat]

Ok, probably a silly question but let me get something straight as I just don’t understand all this sort of stuff that well. If an institution, say a super fund or investment fund etc, buys 1 million shares at $1 each for $1M for argument’s sake and then loans them to a shorter who through manipulation forces the price down to say 50c , who then buys them back to give back to the institution. The institution’s fund is now worth half what it was. How is this good for the institution?

 

[DollazAndSense]

Not sure if it has been posted before. A very interesting interview (March 25th, 2022) with some of the Sony team about working with Prophesee on Event based vision sensors. Good thing Brainchip are partners with Prophesee:

Event-based Vision Sensors that can function like human optic nerves and monitor only changes in subjects will open up vast new possibilities for AI and robots | Feature｜Sony Semiconductor Solutions Group

Introducing special contents of Sony Semiconductor Solutions Group.

www.sony-semicon.com

Some key takeaways -

"The business-related point we struggled the most with was that when we introduced EVS to customers, at first everyone was very interested and curious about this unique type of sensor, but when it came to considering their applications, in many cases they did not know how to proceed, and had difficulties in moving onward to the next step. Under these conditions, we realized that using the evaluation kits and application software provided by Prophesee was very important to carry out promotions as a solution to such issues."
I have no doubt that these are similar challenges Brainchip staff has found. Very keen and curious customers, uncertain on how to proceed with the technology.

"In addition to the industrial machinery and security areas mentioned earlier, the application of EVS is anticipated in a wide variety of areas that include medical devices, consumer equipment, robotics, game peripheral equipment, and sports technology. In addition to our cooperation with Prophesee, we will fully apply all of the strengths of our company in areas from semiconductors to sensing technology, and hope to provide various applications to the market."
So many potential use cases Sony have in mind!

"The source of EVS technology is the simulation of optic nerve signals. The human brain contains roughly 100 billion neurons which respectively connect to each other to form a network. Their connecting areas are known as synapses, and roughly 1 quadrillion synapses operate the brain’s mechanisms using energy that is less than that of a single light bulb. We believe that EVS will become a core presence in the neuromorphic field, which involves systems such as AI that apply electronic circuits patterned after these neurons. Robots and other industrial machines cannot even begin to operate without carrying out sensing by means of sensors which act as their eyes. We believe that EVS will be the sensors to first be used for such purposes.
Of course, robots even up until now have been equipped with cameras for this, but much of the data they obtained was redundant since they also accounted for the work of humans performing subsequent confirmation. If systems such as automated control can be developed, control by humans will become unnecessary, so EVS, which can make even quicker judgements and output only necessary data, is anticipated to take a mainstream role."

 

[Quiltman]

Only 2 weeks ago we had this.
Multiple positions across the globe driving sales.
The business is clearly moving to a sales focus … but these things take time folks.
If it took me 18 months to get a new flavoured mustard to market, imagine how long it takes to get transformative tech like this from concept to market, 3 - 4 years would be the average I suspect. Im sure many of our customers are well progressed on product launch timelines since getting their hands on our tech through the early access program, but we do need to temper expectations.
Have faith, management would only move to sales execution stage with multiple hires if the level of activity dictates it.

 

[TopCat]

Not sure if it has been posted before. A very interesting interview (March 25th, 2022) with some of the Sony team about working with Prophesee on Event based vision sensors. Good thing Brainchip are partners with Prophesee:

Event-based Vision Sensors that can function like human optic nerves and monitor only changes in subjects will open up vast new possibilities for AI and robots | Feature｜Sony Semiconductor Solutions Group

Introducing special contents of Sony Semiconductor Solutions Group.

www.sony-semicon.com

Some key takeaways -

"The business-related point we struggled the most with was that when we introduced EVS to customers, at first everyone was very interested and curious about this unique type of sensor, but when it came to considering their applications, in many cases they did not know how to proceed, and had difficulties in moving onward to the next step. Under these conditions, we realized that using the evaluation kits and application software provided by Prophesee was very important to carry out promotions as a solution to such issues."
I have no doubt that these are similar challenges Brainchip staff has found. Very keen and curious customers, uncertain on how to proceed with the technology.

"In addition to the industrial machinery and security areas mentioned earlier, the application of EVS is anticipated in a wide variety of areas that include medical devices, consumer equipment, robotics, game peripheral equipment, and sports technology. In addition to our cooperation with Prophesee, we will fully apply all of the strengths of our company in areas from semiconductors to sensing technology, and hope to provide various applications to the market."
So many potential use cases Sony have in mind!

"The source of EVS technology is the simulation of optic nerve signals. The human brain contains roughly 100 billion neurons which respectively connect to each other to form a network. Their connecting areas are known as synapses, and roughly 1 quadrillion synapses operate the brain’s mechanisms using energy that is less than that of a single light bulb. We believe that EVS will become a core presence in the neuromorphic field, which involves systems such as AI that apply electronic circuits patterned after these neurons. Robots and other industrial machines cannot even begin to operate without carrying out sensing by means of sensors which act as their eyes. We believe that EVS will be the sensors to first be used for such purposes.
Of course, robots even up until now have been equipped with cameras for this, but much of the data they obtained was redundant since they also accounted for the work of humans performing subsequent confirmation. If systems such as automated control can be developed, control by humans will become unnecessary, so EVS, which can make even quicker judgements and output only necessary data, is anticipated to take a mainstream role."

Sony Group Portal - AI Initiatives - Event-based vision sensor (EVS)

AI eyes born taking hints from the human eye. Event-based vision sensor (EVS)

www.sony.com

Then there was this from the groups CEO

Unleashing AI from the digital world into the real world.​

Sony is uniquely positioned to leverage the AI opportunity. No other company spans across more aspects of the content value chain: Sony Semiconductor Solutions captures the photons, Sony Imaging Products & Solutions develops broadcast & production, Sony Pictures Entertainment creates movies, PlayStation™ Network offers various entertainment content and you can watch them through your Bravia®. If Sony translates this unique width across the content value chain to the interaction value chain, it will become one of the AI giants. If we use the various data we have to train AI models, the deep understanding of semiconductors to build AI accelerators, our content creation and distribution network to create interactive content, and our electronics capabilities to build robots and interactive devices, it will be hard for pure software companies to compete with this ecosystem.
For myself this is very exciting since we will contribute to a key part of these AI systems but also as an end user. I am very much looking forward to the point when Sony brings AI from the digital world of search engines, social networks and e-mail filters of today to the real world in the form of personal assistants, autonomous driving and exciting new games of tomorrow.