BRN Discussion Ongoing

[Foxdog]

Maybe I'm way off the Mark here, but I get the feeling that BRN'S AKIDA was not needed. However it feels like all the companies that come across AKIDA are understanding what it can help them achieve so now they're going back to the drawing board and redesigning what they do now they can push their limits much further, thus it's taking time to get this company some revenue. I see it as PDVM has actually reinvented the wheel and so now people are working on products that can utilise the new 'wheel'. PDVM is so far ahead he has had to pull the handbrake and wait for Clients to jump on his ever moving bus. In my youth I taught English and Golf in Japan. Good gig in those days. An ex-sony head (Osaka office) was a student. We would discuss tech and he didn't tell me what, but they had years of tech sitting there waiting to be released, at the right time. I feel Brainchip are at this stage, maybe AKIDA 2000 is waiting in the wings for others to catch up?

I don't want to be waiting for years here. We need to see contracts signed and actual revenue - soon. At least enough to pay company expenses and be a 'going concern'.

 

[buena suerte :-)]

Hey @TechGirl, good find!
It's not password protected for me, maybe they just unlocked it?

Yep same with me GR Nice find TG and now date has changed to 10th Jan!

 

[Bravo]

Do you guys mind starting a GPT-3 thread for this stuff?

I fully understand it's just for a bit of a laugh, and I wish I didn't hate it, but I really hate seeing it.
Not trying to start anything, it's not a dig, I just think that program will generate a random story and then focus on making it believable.

Edit: obviously if I'm outspoken then that's ok, please continue, I just feel like a few of us don't really love seeing it.

OK then.

PS: You'll be happy to know that I think I may have broken it, so now no-one can use it, which is a bit embarrassing for me when I was trying to tee up an appointment between Rob Telson and OpenAI and Microsoft.

 

[TechGirl]

Hey @TechGirl, good find!
It's not password protected for me, maybe they just unlocked it?

Thanks GR

 

[wilzy123]

his performance has been questionable

What on (or off) earth are you basing this on?

 

[robsmark]

What on (or off) earth are you basing this on?

Deliverables.

 

[BaconLover]

Hey FF,

All valid points, but the fact is that at this stage it’s just words and assumptions from all parties - inclusive of Brainchip.

At the last AGM Sean quoted that he will be judged by his performance by the next AGM, and the reality is that his performance has been questionable. We haven’t seen a single new customer since MegaChips which was likely signed prior to his engagement.

This is what we know, as this is what has, or hasn’t as the case is, been announced to the market via the ASX. Forgive my bleak view, but again, this is the actual state of affairs.

I’ll be watching the financials with great interest and eagerness, as our CEO advised. This next quarterly need to show significantly increased revenue or again it just proves that talk is cheap.

I wouldn't go to the lengths of questionable performance.

We have made partnerships with a few giants over the last few months, and I believe a few more surface soon.

It's not as lucrative as an IP/material contract for share holders, but from company perspective, they're ticking boxes.
I also believe the likes of Renesas are close to blooming, obviously not in our control so just need to sit tight a bit longer than expected.

 

[Mccabe84]

Hey FF,

All valid points, but the fact is that at this stage it’s just words and assumptions from all parties - inclusive of Brainchip.

At the last AGM Sean quoted that he will be judged by his performance by the next AGM, and the reality is that his performance has been questionable. We haven’t seen a single new customer since MegaChips which was likely signed prior to his engagement.

This is what we know, as this is what has, or hasn’t as the case is, been announced to the market via the ASX. Forgive my bleak view, but again, this is the actual state of affairs.

I’ll be watching the financials with great interest and eagerness, as our CEO advised. This next quarterly need to show significantly increased revenue or again it just proves that talk is cheap.

When is the next AGM?

 

[wilzy123]

Deliverables.

Wow... ok.

 

[David holland]

What on (or off) earth are you basing this on?

I think our market cap should be higher he said ,and also at the nxt Agm things will look a lot different financially

 

[robsmark]

Deliverables.

I wouldn't go to the lengths of questionable performance.

We have made partnerships with a few giants over the last few months, and I believe a few more surface soon.

It's not as lucrative as an IP/material contract for share holders, but from company perspective, they're ticking boxes.
I also believe the likes of Renesas are close to blooming, obviously not in our control so just need to sit tight a bit longer than expected.

Two years+ years into commercialisation and two commercial contracts, the most recent being over a year ago.

From 26 (EAP? - I wouldn’t know as they’ve not being mentioned for that long) you’d expect at least a couple more contracts? I dont think that’s unreasonable.

Partnerships mean nothing until they yield revenue.

 

[BaconLover]

When is the next AGM?

Usually in May from what I understand. They only disclose the exact date a few weeks before.

 

[robsmark]

Wow... ok.

Wow? Partnerships aside, what have we accomplished? Dropping revenue, blackout silence, and a massive short interest?

 

[BaconLover]

Two years+ years into commercialisation and two commercial contracts, the most recent being over a year ago.

From 26 (EAP? - I wouldn’t know as they’ve not being mentioned for that long) you’d expect at least a couple more contracts? I dont think that’s unreasonable.

Partnerships mean nothing until they yield revenue.

Always tricky especially in this market. Every company is firing staff and cutting costs.
Won't be easy to get the dotted line signed so quick.

On contrary, BRN is hiring staff.
We have until May to see the performance and then can ask questions to Sean directly at the AGM. Pretty sure they'll be expecting it too.

 

[Izzzzzzzzzzy]

Two years+ years into commercialisation and two commercial contracts, the most recent being over a year ago.

From 26 (EAP? - I wouldn’t know as they’ve not being mentioned for that long) you’d expect at least a couple more contracts? I dont think that’s unreasonable.

Partnerships mean nothing until they yield revenue.

I want at bare minimum this year revenue either through previous deals such as royalties that is substantial or one through a new deal or an actual product being released with Akida in it that is at scale. This can happen anytime this year and I will be happy

 

[Mccabe84]

Usually in May from what I understand. They only disclose the exact date a few weeks before.

Thanks

 

[robsmark]

Always tricky especially in this market. Every company is firing staff and cutting costs.
Won't be easy to get the dotted line signed so quick.

On contrary, BRN is hiring staff.
We have until May to see the performance and then can ask questions to Sean directly at the AGM. Pretty sure they'll be expecting it too.

I see the potential here otherwise I’d have sold, but many (tech) companies have done very well despite poor global economics.

I’m just saying I and other expected more, and if we don’t want to crash and burn, we need to start seeing some revenue. We aren’t government funded R&D, we’re a publicly funded company and the expectation at this stage is commercial interest, revenue, and a ROI.

This is they the SP is dropping and this is why shorts are raising.

Show me some contracts!

 

[robsmark]

I’m sick of hearing my own voice at this stage, and can see I’m ruffling feathers so I think I need to stop posting for a while.

I’ll be the first to congratulate the team if something positive is announced.

Cheers,
Mark

 

[HopalongPetrovski]

Hang in there Compadres.
We've been through worse than this and we'll all sleep in comfy beds tonight with full belly's and no-one actually shooting at us.
Tomorrows another day on the markets and at some point it will be in the interest of the interests in charge to have our share price going up.
None of us can make this market do what we want.
We are just along for the ride.

 

[wilzy123]

I’m sick of hearing my own voice at this stage, and can see I’m ruffling feathers so I think I need to stop posting for a while.

I’ll be the first to congratulate the team if something positive is announced.

Cheers,
Mark

Our time will come mate. Look after yourself.