Wow.
Our founder’s integrity has been discussed and I’m confident with who they are and have faith in their decision making. They would have hired Sean based on character first therefore I trust he’s the right man for the job and surprised at the personal attack on him.
I’m also confident they did their due diligence in checking Sean’s work experience, achievements and philosophy on how he would run the company. I have never run a billion dollar company but I’m guessing it’s not as easy as it looks.
He has hired some excellent staff to assist him; Nandan Nayampally, Chris Stevens and of course Duy-Loan Le who is highly respected, an amazing skill set and high quality character. I’m sure they wouldn’t have come across to Brainchip if they didn’t have confidence in the companies trajectory.
Joining Intels IFS is a massive achievement.
Si-Five, VVDN and Prophesee have taken us on; solid foundations to build a company on.
Sean‘s podcast with the Fortune 500 company Accenture also shows we are heading in the right direction In a predicted massively growing industry. Right place right time!
An example of having to wait for your return on investment:
I live in an area where there is massive almond orchards.
It’s three years from planting to getting your first almonds, seven years until you get a full crop. You still have to do all the work, watering, pest control, fertilising and battle Mother Nature, etc. Then when you get a crop you have to have a buyer and of course the market changes over time. After 15 years the tree has reached it’s plateau and then starts to decline until 25-30 years when you pull them out, replant them and start the cycle again.
My prime concern is income however it is not a concern at the moment. I trust there is revenue in the pipeline!
I am confident at the very least MB will start making cars with Brainchip included within the next 12 months in which case income will start coming in.
It’s my opinion (although not confirmed) Valeo have us in the Scala 3 Lidar in which case income will start coming in via MB, BMW and STELLANTIS.
RENESAS is currently making a product with Brainchip included: more income inbound.
So in my opinion that‘s 3 definite sources of income on there way. When that comes in the SP will rise with it; simples!
The SP got to $2.34 on the MB information, what will it do when the three revenue streams actually start coming in!
Then there is many others who are strong possibles, e.g. Prophesee, VVDN etc. This is a revolutionary technology which takes time to implement.
There is also design cycles and certification issues to deal with. However once implemented the revenue stream can last for a long time; that’s what I’m interested in. It’s all been discussed over and over, including the NDA issue, not sure why we keep going over the same ground.
Russia and China are way bigger concerns to me than anything Brainchip is or isn’t doing.
I still have faith in the professionalism of the Management Team who are exceptionally qualified in their industry so at this stage I’ll stand back and let the experts do their job as they see fit!
I have done my research and am very confident in my investment decision. The future looks great to me.