buena suerte :-)
BOB Bank of Brainchip
Wise words Sensei Petrovski
Patience is a skill learned over time one choosing to emphasize thinking over feeling
Wise words Sensei Petrovski
Patience is a skill learned over time one choosing to emphasize thinking over feeling
Agree with you but what confuses me is that if large corporations like Mercedes or Valeo plan to have products with Akida in the market in just 1-2 years do they not have to come to commercial terms with BRN. Imagine if BRN at the 11th hour (without a proper commercial agreement) said we want way more than they are willing to pay for example ( not saying that is likely) that would cause significant issues to multi-million dollar investments etc.Yep time to market can be huge. Merc's planned release of full electric sedan is mid 2025 I think - this might be the first full production car with AKIDA inside (a few chips for Hey Mercedes or up to 70 for all systems). That's a 4 to 5 year process from inception to delivery. Depending on the deal BRN has with Merc we might not see revenue until cars are actually sold - 3rd quarter 2025? So over 2 years from now just for the Merc deal. Others might be faster but some will no doubt be slower.
So this is not a fast process unless someone can just fit an AKIDA chip into their existing product to make it better.
It's about 12 weeks to the AGM and hopefully Sean will be there in person with a fully assembled management team. Attendance will give shareholders the best opportunity to ask questions and hopefully get a better understanding of the commercialization process and progress. It's not too long to wait.
As for Sean's tenure, I think around the 5 year mark (2027ish) would be an appropriate time to judge his overall performance. Hopefully he is still with the company at that point as that would suggest that there is no better place for him to be.
My thoughts only if course but I think this is a realistic timeline.
Exactly! Everyone has a different circumstance. I unfortunately HAVE to sell some of my shares very shortly due to my circumstances! I’ve been putting it of for a long time already. Waiting to follow the financials, as the company stated, hoping for the sp to rise again, so I could sell a smaller percenrage of my shares to get me out of trouble. But, I will have to do so soon, I’ll still hold some for the longer term, but no where near as many unfortunately. Anyway, those who can afford to hold forever, let me know when fore ends, so I can sell them the week before and spend all the proceeds. Everyone is different, no one’s answer is correct for all.Here's hoping!
I understand things take time. I have run businesses for 20 years and lawyers are always the biggest roadblock. I have encountered a number of them and I usually encounter the most anal ones on the smallest deals!
I don't think it is unreasonable for shareholders to raise the fact that, as Sean has stated in both previous 4C's, converting paid licenses is his goal and we have not signed any since Megachips in November 2021. Like others have said though, no point complaining. If you are not happy with progress, sell and move on. I have a timeline and if I don't see another license or two by mid year, I am selling. Everyone is on a different timeline and has different levels of anxiety and investment and it is a free world. People's concerns/opinions etc should be respected.
Presenting this info public would make futer negotiations more difficult on IP deals you don't show your cards.Agree with you but what confuses me is that if large corporations like Mercedes or Valeo plan to have products with Akida in the market in just 1-2 years do they not have to come to commercial terms with BRN. Imagine if BRN at the 11th hour (without a proper commercial agreement) said we want way more than they are willing to pay for example ( not saying that is likely) that would cause significant issues to multi-million dollar investments etc.
The anwer to this is yes they should and would if they are planning to have Akida. The question then is what are the terms that creatively avoids having to inform the market. Such an agreement you would think a company with little revenue would be very material to their future.
That then sends me down a black hole of NDAs which i am now stuck in - HELP!
You're a disrespectful human.
yes but....... is there a way to say that a commercial agreement has been signed without showing information that will hurt either business and future negotiations. I think mankind has solved greater challenges than that!Presenting this info public would make futer negotiations more difficult on IP deals you don't show your cards.
It sucks when timing goes against you.Exactly! Everyone has a different circumstance. I unfortunately HAVE to sell some of my shares very shortly due to my circumstances! I’ve been putting it of for a long time already. Waiting to follow the financials, as the company stated, hoping for the sp to rise again, so I could sell a smaller percenrage of my shares to get me out of trouble. But, I will have to do so soon, I’ll still hold some for the longer term, but no where near as many unfortunately. Anyway, those who can afford to hold forever, let me know when fore ends, so I can sell them the week before and spend all the proceeds. Everyone is different, no one’s answer is correct for all.
SORRYExactly! Everyone has a different circumstance. I unfortunately HAVE to sell some of my shares very shortly due to my circumstances! I’ve been putting it of for a long time already. Waiting to follow the financials, as the company stated, hoping for the sp to rise again, so I could sell a smaller percenrage of my shares to get me out of trouble. But, I will have to do so soon, I’ll still hold some for the longer term, but no where near as many unfortunately. Anyway, those who can afford to hold forever, let me know when fore ends, so I can sell them the week before and spend all the proceeds. Everyone is different, no one’s answer is correct for all.
Great read ... Thanks BVRInteresting article on the Art of Holding.
Harriman House
UK's leading independent publisher of Finance, Trading and Investment bookswww.harriman-house.com
Remember the announcement about secure comms using BRN spiking neural networks???? I wonder..........
So you would sell before renesas brings out a MCU containing akida IP, worlds first commercial neuromorphic MCU’s using SNN? lol surely you’ve got to be joking.Here's hoping!
I understand things take time. I have run businesses for 20 years and lawyers are always the biggest roadblock. I have encountered a number of them and I usually encounter the most anal ones on the smallest deals!
I don't think it is unreasonable for shareholders to raise the fact that, as Sean has stated in both previous 4C's, converting paid licenses is his goal and we have not signed any since Megachips in November 2021. Like others have said though, no point complaining. If you are not happy with progress, sell and move on. I have a timeline and if I don't see another license or two by mid year, I am selling. Everyone is on a different timeline and has different levels of anxiety and investment and it is a free world. People's concerns/opinions etc should be respected.
Thanks for the kindness. It’s not a health problem, so, only finances, not the end of the world and i am not looking for sympathy, just pointing out circumstances.I have been in long enough to make good profits already, so I can’t complain, just sucks that I’m not selling at $2.30 and sellers a sheet load less to achieve my needs. Thanks.SORRY
I can understand you very well, but there is always a risk in buying shares, everyone has to make up their own mind about this risk, above all whether they can cope with a drop in the price and even more whether they are speculating with money that they have need soon. As I have already written, I am also very much in the red, I am now happy to buy more if there was anything left. I've collected a lot, but now I'll start collecting again on my checking account.
Interesting article on the Art of Holding.
Harriman House
UK's leading independent publisher of Finance, Trading and Investment bookswww.harriman-house.com
Yes if you say you have an comercial agreement then you need to put a value on it in $ to make an announcement.yes but....... is there a way to say that a commercial agreement has been signed without showing information that will hurt either business and future negotiations. I think mankind has solved greater challenges than that!
People claim to have held for a long time but are willing to sell right before Renesas tapes out? Madness.
If Mercedes were to use the Valeo LiDaR, and if Valeo's LiDaR were to include Akida, then the Valeo Akida licence would presumably require that Valeo pay royalties to BrainChip when they sell their LiDaR to Mercedes.Agree with you but what confuses me is that if large corporations like Mercedes or Valeo plan to have products with Akida in the market in just 1-2 years do they not have to come to commercial terms with BRN. Imagine if BRN at the 11th hour (without a proper commercial agreement) said we want way more than they are willing to pay for example ( not saying that is likely) that would cause significant issues to multi-million dollar investments etc.
The anwer to this is yes they should and would if they are planning to have Akida. The question then is what are the terms that creatively avoids having to inform the market. Such an agreement you would think a company with little revenue would be very material to their future.
That then sends me down a black hole of NDAs which i am now stuck in - HELP!