I don’t understand the level of some people’s emotions and how when the share price is where it is, some lose sight of the fundamentals.
The company’s fundamentals have never ever been stronger than they are now.
Yes we have had “headwinds” and macroeconomic challenges, inflation, it’s all been negative.
But at a time when companies are laying off 1000’s in the tech industry, Brainchip is trying to aggressively hire all over the world, & look at the quality of people they’ve hired…absolute world class standards, these people such as Nandan and Duy-loan and Chris Stevens have come from very successful companies, mind you Nandan came from a trillion dollar company and was in charge of the successful adoption of Hey Alexa. Do you really think these high caliber recruits are joining a sinking ship? They’ve had a look under the hood and are amazed, look at what they’ve all said when they’ve joined us. Go and have a look at Sean’s LinkedIn and what he’s said about Brainchip, I mean this guy is a Silicon Valley board member??? That’s some big claims to make if it wasn’t going to come true.
Off the top of my head, in the last 12 or so months we’ve had Mercedes, ISL, VVDN, ARM, SiFive, Intel, 3 universities join us, Prophesee, Socionext Renasas VVDN Nviso displaying akida in real world applications for the first time, we’ve got Renasas taping out as we speak “mass volume” and all the other achievements that’s happened despite all that’s happened and happening in the world and some are losing their cool right at the last hurdle????
I just know that if the share price was let’s say $2, would those who are becoming impatient still be saying the same things? I bet absolutely not, but see, what’s wrong with that is, NOTHING has fundamentally changed, it’s STRONGER THAN ITS EVER BEEN.
The share price will catch up to where we all know it should be, but even the most successful companies in the world are facing struggles, so why would Brainchip be immune to it all? I just don’t get it.
Yes people are allowed to vent frustration, vent their opinions no matter how negative or positive it is, but god damn don’t forget the actual facts of what’s in front of us.
The tipping point is Renasas taping out mass volume this year, god damn if you all say you know Brainchip will be successful then buy more shares?!?! Or sell and move on honestly.
Stop making up your own timelines to suit your narrative only to be let down. Focus your energy on the facts.
Renesas will finish taping out sometime end of 2023, so I’m personally winding back my expectations of anything before then, so I’m not disappointed, will we get more licensing deals before? Well who knows, time will tell.