BRN Discussion Ongoing

[VictorG]

So is all the passive hippy drum circle bullshit posted by many here. If you don’t like it then don’t read it. I CGAF what you think to be honest.

Besides, just because you don’t want to hear it, doesn’t mean I’m wrong.

if you are right, why not sell BRN and buy WBT

 

[robsmark]

Just to play a little devil's advocate, WBT's MC may be overvalued and ours may be undervalued. Now I know you probably agree with the BRN bit, but I don't think we truly know the average holdings of the 40k+ holders.

We also had a crazy quick run up to $2.34 back when we had far less deals/ANN's.
We were talked about everywhere - forums, news, youtube, socials etc.
It was a hype train that unfortunately lead to a correction rather than a re-rate.
WBT could be experiencing a similar hype run that may be a little too early or could be well timed, who knows?
- I should say I know literally nothing of WBT other than what is mentioned here and in your post

I want to categorise some of the groups of holders and indicate why no-one is specifically climbing over each other to buy (with or without announcements about partnerships)


LTH's who have average buys far lower than the current SP (<30c) - maybe a little averaging up but if they are like me I don't like to increase that average if my holdings are already large.
LTH's who have averaged up at or around the current SP - this describes myself I guess where I've no intention to sell out just because It's slipping, but not much more capital to allocate each week/month, certainly not enough to move the market
Any term holder who bought above $1 - these guys are either at the end of their rope and will sell, or are just holding on and not looking at their paper loss. I don't see much averaging down if they bought up near the top last year. Again not enough to move the market.
Shorters - selling down, no explanation needed, relying on FUD
Traders - Playing both sides, which is trapping us in our little trading channel for now
First time buyers - Sure these guys may get influenced, but if they see news announced and the SP slips or stays the same, they may just bail and move onto greener pastures.

Either way I don't see a demographic who's ready and able to influence the SP as it stands. I understand your point that it's because it's a ghost town regarding our ASX announcement's, but the information is still easy to find.
In my opinion, an ASX ANN regarding tape-outs would have been appropriate but also not something I care about if BRN choose not to announce to the market based on anti-ramping procedures they have now implemented. Sure, if they had an obligation to do so and didn't I would be upset, but if they are playing conservatively in the rules then so be it.
Honestly propping up the SP with news lacking material value just means we run to $2.34 and crash again. As a LTH I don't want that lol

Just my opinion and not saying I disagree with you, as it's just speculation based on BRN history and what you can observe with WBT, I just don't personally want anything resembling pumps as I don't want to have to time the market to exit then enter and worry about missing important re-rates, cap raises, ANN's etc. I just wanna hold and see the fruit at the end, we all know Akida is revolutionary and BRN is at the forefront of this Ai explosion.

Thanks for the well reasoned response Damo.

My fear is that management are over compensating for previous actions (which weren’t that bad in the first place imo) and are now stifling growth.

Many people (myself included) don’t use Twitter, Instagram, whatever, and rely on the ASX for company related news - that’s what the platform is for. It invigorates discussion and generates confidence in new buyers and investors alike.

 

[robsmark]

if you are right, why not sell BRN and buy WBT

I hold both.

I have confidence in the product but I’m sick of losing money day in and day out. A completely valid concern for a share holder.

 

[Damo4]

Thanks for the well reasoned response Damo.

My fear is that management are over compensating for previous actions (which weren’t that bad in the first place imo) and are now stifling growth.

Many people (myself included) don’t use Twitter, Instagram, whatever, and rely i. The ASX for company related news - that’s what the platform is for. It invigorates discussion and generates confidence in new buyers and investors alike.

"My fear is that management are over compensating for previous actions (which weren’t that bad in the first place imo)"

Yeah I couldn't agree more with this bit, I guess I can only trust that the ramifications of a proper ASX investigation could be very detrimental?
I hold a little ESH and that company/management is shocking and I can't believe that's not investigated so who knows if there's even a risk lol

 

[buena suerte :-)]

WBT on the rise again, and is about to surpass us in Market Cap.

I am a holder so hope this company does well, but addressing the facts:

- No product yet
- Recently taped out (effectively unproven)
- Earlier stage in development

But their management understand the importance of shareholder management and regular market updates.

Does it seem right and normal that a company that is years behind us, playing in the same pool, listed in the same exchange, is about to be worth more than us?

Brainchip team reading this - it’s embarrassing how we are performing. I’m sick of excuses about general market conditions. Other companies are building their SP and understand the importance of this aspect of the business. What are we doing here???? Give us a proper fucking update!!!!!

Mark, I'm totally with on this.... I am a very patient person .. But this is really starting to grind on me now!!! we are now heading back to the 50's again!!! I didn't think we would see this again ever!! (Not bothered with the "time to top up" !!) completely gob smacked at the prospect of this happening I know we have had an explanation regarding announcements but I have been reading MANY 'other' company announcements on the ASX for a comparison on releasing company updates/news, and the taping out of AKD1500 should have been put to the ASX whether Non or price sensitive, It doesn't have to be $$$$$ sensitive it's just updated information on a platform that ties in your investments and company information in 'One place" It's informing current shareholders and prospective shareholders what the company is doing with their plans/business model moving forward...I know I will not be very popular with my 'one off rant' but that is just the way I feel at the moment ....

If we all know there will be NO ASX announcements then so do others!! and they will continue to play their games almost risk free!

I hope I get totally proven wrong with a HUGE announcement soon! Here's hoping

Over and out from a very Grumpy long term holder

 

[HopalongPetrovski]

BRN holder's in.............. "The house of the Shorter's".
Give me Kumbaya anyday.

 

[Rise from the ashes]

 

[JoMo68]

WBT on the rise again, and is about to surpass us in Market Cap.

I am a holder so hope this company does well, but addressing the facts:

- No product yet
- Recently taped out (effectively unproven)
- Earlier stage in development

But their management understand the importance of shareholder management and regular market updates.

Does it seem right and normal that a company that is years behind us, playing in the same pool, listed in the same exchange, is about to be worth more than us?

Brainchip team reading this - it’s embarrassing how we are performing. I’m sick of excuses about general market conditions. Other companies are building their SP and understand the importance of this aspect of the business. What are we doing here???? Give us a proper fucking update!!!!!

Did you not read Tony Dawes response re. market sensitive announcements to the ASX? We've already had a warning. I reckon a team of our calibre know what they're doing.

 

[robsmark]

Did you not read Tony Dawes response re. market sensitive announcements to the ASX? We've already had a warning. I reckon a team of our calibre know what they're doing.

That’s the point - an email.

I wouldn’t know if they know what they’re doing or not to be honest. They don’t tell us enough for me to gauge it.

The SP has doubled in two years during a commercialisation phase… happy with that performance?

 

[JoMo68]

That’s the point - an email.

I wouldn’t know if they know what they’re doing or not to be honest. They don’t tell us enough for me to gauge it.

The SP has doubled in two years during a commercialisation phase… happy with that performance?

I've done my due diligence and I'm very patient. Others may not have the luxury of time, but I guess that's one of the things you have to factor in when deciding to invest.

 

[robsmark]

I've done my due diligence and I'm very patient. Others may not have the luxury of time, but I guess that's one of the things you have to factor in when deciding to invest.

I’ve been in this stock for more than a few years myself. I’d say that I’m patient and have certainly done DD.

That doesn’t speak against my argument though.

 

[Rise from the ashes]

View attachment 29118

 

[Stable Genius]

View attachment 29118

This looks promising: https://www.rapidrobotics.com/

 

[Dang Son]

WBT on the rise again, and is about to surpass us in Market Cap.

I am a holder so hope this company does well, but addressing the facts:

- No product yet
- Recently taped out (effectively unproven)
- Earlier stage in development

But their management understand the importance of shareholder management and regular market updates.

Does it seem right and normal that a company that is years behind us, playing in the same pool, listed in the same exchange, is about to be worth more than us?

Brainchip team reading this - it’s embarrassing how we are performing. I’m sick of excuses about general market conditions. Other companies are building their SP and understand the importance of this aspect of the business. What are we doing here???? Give us a proper fucking update!!!!!

Hi Robs
I would think that a strongly performing share price would have provided management with greater confidence to negotiate better sales agreements.
After all the Company Hype it's now most disappointing to have retracted into negative investment growth over past 12mths .

 

[Rise from the ashes]

This looks promising: https://www.rapidrobotics.com/

Yeah 4 bucks an hour, I might get one just to hit the refresh button for the forum.

 

[Pappagallo]

WBT on the rise again, and is about to surpass us in Market Cap.

I am a holder so hope this company does well, but addressing the facts:

- No product yet
- Recently taped out (effectively unproven)
- Earlier stage in development

But their management understand the importance of shareholder management and regular market updates.

Does it seem right and normal that a company that is years behind us, playing in the same pool, listed in the same exchange, is about to be worth more than us?

Brainchip team reading this - it’s embarrassing how we are performing. I’m sick of excuses about general market conditions. Other companies are building their SP and understand the importance of this aspect of the business. What are we doing here???? Give us a proper fucking update!!!!!

WBT recently taped out at 22nm but they have already been through this process and fully qualified their ReRam to industry standards at larger geometries. It’s incorrect to say that their tech is unproven. They will be selling their ReRam to customers via SkyWater before the 22nm qualification is complete.

 

[Space Cadet]

I hold both.

I have confidence in the product but I’m sick of losing money day in and day out. A completely valid concern for a share holder.

I'm a little bit behind so someone may have mentioned this further down the page. I think it was FF who some time ago let us know that companies in the AI space are watched very closely by ASX due to the number of claims being made. I'm pretty sure most here have come across some outrageous claims by companies when it comes to AI. AI is a very loosely utilised term and therein lies the problem. The ASX have spoken, BRN have listened and are meeting their obligations. Between that and NDA's, which breaching those can lead to being shown the door, no wonder they are extremely careful. We can "Rage at the Machine" all we want but it isn't going to change. When we have a signature in place and a dollar value to that license then we will hear or maybe not. The other company may not want us to announce and if we are able to use the exception to continuous disclosure rules as a way around it, that may happen, and we will only know by the financials. Here is a link to a guide put out by ASX to explain the continuous disclosure obligations. Some good reading to help interpret the rules. With respect and IMO only.

Sorry will edit. Forgot to put in link.

https://www.asx.com.au/documents/about/abridged-continuous-disclosure-guide-clean-copy.pdf


SC

 

[Calsco]

We are certainly sitting on the precipice of support. Monthly, weekly and daily charting indicates we are in the danger zone. Pretty sure a descending triangle pattern is present also so hopefully we buck the trend and go up. Fingers crossed for an announcement.

 

[Stable Genius]

I’m trying to recall where I have seen “Know Labs” before.

I think there was an edge impulse presentation and Akida was linked to one of three companies during the presentation. ”Know Labs” was one of the three.

This does look like something Akida could do.

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Edge impulse is listed but no ”Brains” listed to analyse the information. It would be a worthwhile device/cause and great market.

Know Labs Provides Update on Partners Engaged to Accelerate Progress Toward FDA Application

SEATTLE – Feb. 2, 2023 – Know Labs, Inc. (NYSE American: KNW), an emerging developer of non-invasive medical diagnostic technology, today shared an update on its strategic partnerships with leading experts in data science, sensor technology, product design and regulatory affairs. These strategic...

www.knowlabs.co

 

[Slymeat]

That civet must have ate some hallucinogens in its natural habitat

A little off-topic, but I felt this reply was needed to be said in the same forum as the discussion.

Please refrain from buying Kopi Luwak, or anything branded as Civet coffee.

I would take it as a fact that no Kopi Luwak in the world comes from wild Asian Palm Civets. Nobody goes to the effort of tromping through the forest in the hope they stumble upon a Civet poo.

So there is no chance of eating any hallucinogens in its natural habitat. Kopi Luwalk is well-known as being mislabelled as wild, when it is essentially impossible to produce commercial quantities that way.

Civets are caged like battery hens and force-fed a diet comprising 100% coffee beans, when that normally only constitutes a very small portion of their natural diet. This makes them get very sick and suffer malnutrition and numerous vitamin deficiencies. They only survive a few years of this torture.

Civet suffering for your cruel coffee