I must be a mushroom, cos I'm a fun guy!
![Rolling on the floor laughing :rofl: 🤣](https://cdn.jsdelivr.net/joypixels/assets/6.6/png/unicode/64/1f923.png)
If you don't have dreams, you can't have dreams come true!
I must be a mushroom, cos I'm a fun guy!
“it may turn out to be: a who would know kind of scenario, because staffing levels have grown so dramatically in recent times, and we won't really know who has achieved what”As soon as the Restricted Stock Units vest, you have a tax liability in the US. So far Sean has been granted 6 million RSU's over 3 years (this was part of his initial salary package), so they vest at a rate of 2 mill per year This is as well as his liability for Fed income tax to the IR Dept, and then because he is most likely domiciled in Calif, most likely close by to Laguna Hills, he will also be liable to a chunk of State taxation as well. Calif State taxes are high, which is why many people are leaving Calif for lower taxing States in the US. The US taxation system is vastly different to the regime we have here.
So I have no problem whatsoever with Sean reducing his considerable tax liability, I am much more interested in his performance as our CEO and in his capacity as an Exec Director. It is way too early IMO to really assess how good, or otherwise his performance has been to this point in time. Having said that, the partnerships made this year are truly impressive, and speak to a good probability (some here would justifiably say high probability) of excellent outcomes, in terms of earnings growth. However some of the recent achievements would have to be, also attributed to the work of Rob Telson and Lou Di Nardo, as well as others along the way.
So we may/will get a better subjective fix on Seans performance moving forward, although with all the NDA's and the clandestine nature of the tech industry, it may turn out to be: a who would know kind of scenario, because staffing levels have grown so dramatically in recent times, and we won't really know who has achieved what - unless of course BRN decide to give SHers more information. For me the acid test will be the AGM next year, as I have said before I remain strong in my confidence in the Akida technology, and important outcomes look, on the surface of things, to be coming together. At the end of the day Sean is the CEO, he is not just a salesman.
Well said @Fact Finder ! I'm just shocked that people are still negative not necessarily about BRN but the SP and looking at places to lay blame.As @Diogenese said today off the back of good news which the Facts support the adjective sensational news might well be used the price of Brainchip shares retreats.
There is clearly an epidemic of the psychological condition “Fear of Success” spreading across retail investors otherwise how else can this be explained when:
ARM partnered with Brainchip
Edge Impulse partnered with Brainchip
SiFive partnered with Brainchip
Mercedes Benz trusting Brainchip AKIDA technology
VALEO trusting AKIDA technology
NASA trusting AKIDA technology
Nviso has partnered with Brainchip
Prophesee partnered with Brainchip
ISL and US Airforce Research implementing AKIDA
MegaChips having licensed AKIDA IP and advancing its market adoption
RENESAS taping out a 22nm chip with AKIDA IP and bringing it to market across a broad range of use cases in six to nine months
A long in hand cash runway of at least 2 years
Stellar people joining the Board and senior management.
Additional hiring of sales and engineering staff continuing at pace.
Existing engineering staff winning awards.
Yet barely more than half of one percent of shares on issue can drag down the share price.
The reality is market conditions are allowing manipulators and criminals to play their disgusting games without fear of non existent regulators saying boo.
Eventually the dam wall will burst and the manipulators will all be washed away.
Now more than ever it is critical to DYOR and have a solid plan.
My opinion only DYOR
FF
AKIDA BALLISTA
I'm retail and I don't need or want sugar hits.
It takes as long as it takes.
I'm not saying I wouldn't be more comfortable and happier to see the share price higher, but given the following sentiment, I am using the current conditions to my advantage.
If I did not have faith in the product, the management team, or thought the company was in trouble financially or strategically I would pull or reduce my exposure.
I continue to hold and add to my position as finances and my individual circumstances permit.
I have ridden through and sacrificed much to attain my current holdings and am damned if I'll be shaken by this vulgar and obvious manipulation.
Owning my share of this company will enable me a future I could otherwise only dream about.
It already has, but I expect many more multiples beyond this over the coming years.
I'm not letting this unicorn fly away without me.
AKIDA BALLISTA
AKIDA EVERYWHERE
GLTAH.
Why won't SEAN OR BRN MANAGEMENT give us a update isn't been nearly a year.
California - Pacific daylight TimeJust checked the BRN website for the Sally Ward-Foxton podcast which was supposed to be out 3pm PDT which I assume is Perth Day Time.
No show as yet.
I plan to retire about the same time so perhaps we can catch up and talk about all the things we are going to be doing with our monstrous wealth.Isn't it amazing that every time the share price drops a call for announcements reverberates throughout this forum. It's not like asking the same questions over and over again and expecting different answers because that would be the definition of insanity, oh wait!?
So the only guidance we have are the press releases and the financials. I've accepted these conditions of being a BRN shareholder and while I too would like the odd announcement, I see absolutely no sense in harping on endlessly about announcements when doing so changes nothing.
I retire at the end of 2025 by which time I expect BRN to be at least $10 per share, that is what I'm focused on.
Everything else until then is just noise, he said - she said dribble. Unfortunately the actual receipts, the hard facts, the amazing research done in this forum would also be drowned out if not for contributors such as FF, Dio and a few others. It's not their job to constantly remind some here that BRN has been making huge gains and cementing our future as shareholders, tbh it's getting tiresome.
It's not hard to work out who in this forum will be holding when BRN is micrsoft x 10 should that happen. My only wish is that the rest of us collectively hold our nerves through the highs and lows and not let emotions rob us of this once in a lifetime opportunity.
Great Idea, I'm in. Anywhere, anytime, many timesI plan to retire about the same time so perhaps we can catch up and talk about all the things we are going to be doing with our monstrous wealth.
Cheers to you Victor.
Should be about 7am tomorrow for us Sandgropers? If all goes to plan.California - Pacific daylight Time
Was checking in on NASA again and as we know Numem have been selected for Ph I contract negotiation for this year and will be looking to use Akida in the project.NASA firm list for contract negotiations posted couple days ago.
Confirms Ph I for Intellisense ADORBL and Numem which we had good idea were goers.
ADORBL not mention Akida specifically but is neuromorphic COTS which I think is safe bet as given they did mention working with Akida in NECR and Numem do mention us as we know.
Intellisense already previously confirmed Ph II on NECR.
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