BRN Discussion Ongoing

[Sirod69]

I read your very frustrating conversation today, I can understand it and that's why I'm now sharing what I just read from Tim Llewellynn. I think it fits the mood of our forum quite well.




Tim Llewellynn• 1.CEO/Co-Founder of NVISO Human Behaviour AI | President Bonseyes Community Association | Coordinator Bonseyes AI Marketplace | IBM Beacon Award Winner #metaverse #edgeai #decentralizedai
9 Std.

Fascinating to watch this AI story of the giants playout.

The issue with being at the top - going higher won’t get headlines so people are only going to report you going down. The advantage of being at the bottom - you can only go up.

Microsoft definitely played a much better strategic game on this one. And has won hands down so far.

Question is are we really any better off replacing Google by Microsoft and just investors changing stocks.

 

[Sirod69]

 

[Foxdog]

So Chinese made security cameras are being removed from Australian Government buildings for fear of possible information being sent back to China.

Just another perfect opportunity for AKIDA to be used without the cloud. Perfect tech, perfect timing - a Commonwealth Govt IP contract soon please (no requirement for an NDA with that one). Great publicity too.

 

[IloveLamp]

Revolutionizing Age Verification: NVISO Japan and Privately SA Join Forces for Cutting-Edge AI Technology in Digital Kiosks - NVISO

NVISO Japan and Privately SA join forces to bring advanced age verification technology to digital kiosks. The solution offers secure, safe and engaging experiences while maintaining privacy and enhancing interactivity for digital kiosks and interactive avatars. NVISO AI Japan KK, a subsidiary of...

nviso.ai

 

[The Pope]

@The Pope
I don't think your blessing is working.

@The Pope
I don't think your blessing is working.

Unfortunately while BRN has my blessing I can’t always perform miracles. Lol

 

[FabricatedLunacy]

So Chinese made security cameras are being removed from Australian Government buildings for fear of possible information being sent back to China.

Just another perfect opportunity for AKIDA to be used without the cloud. Perfect tech, perfect timing - a Commonwealth Govt IP contract soon please (no requirement for an NDA with that one). Great publicity too.

Lucky Facebook and google et al aren’t all spying on us and listening

 

[Frank Zappa]

Frank,

Many of our partners are start-ups.

How many bread and butter companies can afford the cost to design and manufacture an IC?

Partnerships with Intel, ARM, SiFive, ... give us exposure to hundreds of likely customers.

Point taken Diogenese , but our guys must have spent their own years and money to have something marketable to go to the stock exchange to float the company . Five more years of their lives and over one billion shares issued one would not be too unreasonable to expect ( 1 ) signed CONTRACT . In my opinion it could be a good time to use the advantage that is mentioned many times here . That we are five years advanced compared to other wanna be’s . If big multinationals want the opportunity to be taken seriously by BRN then we should have a stronger belief in how good our product is and start to take control and reverse the situation and require them to take a step back and reassess how much better they are going to be by incorporating our product and start to behave in a more attuned business manner . My opinion is our management is allowing everyone to tread far too hard on their toes .

 

[The Pope]

IMO, it is Quite possible that from what we are seeing with WBT is a pump and dump, like we saw this time last year.

While I agree it's dragging out and something/anything is better than nothing when it comes to annoucments....we're all at a crossroad if NDA's/agreements etc restrict Brainchip team from any form of public announcements, I hope here Fortune favours the bold and I am not been played for a fool!

I hope sooner than later we turn the corner see the light and don't look back.

All the best

Just a thought. Taking in others thoughts today with WBT SP increasing to nearly $6 and MC now above $1b
Is WBT SP be pumped so to speak with some announcements along the way (that BRN are now not replicating due to ASX issuing speeding tickets etc) to get in the rebalance of ASX300 for March 2023? The next opportunity is not until September 2023 as the asx300 is every six months.
My pure amusing speculation (maybe) but DYOR.

 

[alwaysgreen]

Just a thought. Taking in others thoughts today with WBT SP increasing to nearly $6 and MC now above $1b
Is WBT SP be pumped so to speak with some announcements along the way (that BRN are now not replicating due to ASX issuing speeding tickets etc) to get in the rebalance of ASX300 for March 2023? The next opportunity is not until September 2023 as the asx300 is every six months.
My pure amusing speculation (maybe) but DYOR.

No, the Weebit ceo indicated that they are in discussions with multiple fabs, including tier 1s. He said they can't keep up with so much going on and about to happen. The recent quarterly stated that they expect at least one tier 1 signed up this quarter.

They are not trying to pump for inclusion into any indexes. Inclusion for pre revenue stocks into indexes are a nightmare (look at BRN). Shorters get more access to shares from the instos.

 

[The Pope]

No, the Weebit ceo indicated that they are in discussions with multiple fabs, including tier 1s. He said they can't keep up with so much going on and about to happen. The recent quarterly stated that they expect at least one tier 1 signed up this quarter.

They are not trying to pump for inclusion into any indexes. Inclusion for pre revenue stocks into indexes are a nightmare (look at BRN). Shorters get more access to shares from the instos.

Ok. Take your word for it but just skimmed the WBT 4c and it doesn’t come across as definitive as you mentioned about signing up atleast one tier 1 signed up this quarter but does come across positive for WBT In 2023. Happy to be corrected with actual wording in current 4c from Coby.
BRN also provide positive thoughts via their 4c but prefer to use twitter and BRN website to inform shareholders etc.

 

[Rise from the ashes]

We are in full carnival here with the climax next week. So this fits very well into the time.
And he really looks good again. I am glad that your faithful rascal (?) is doing well again.

A couple of coincidences lately . I think I'd prefer your style of Carnevale than the pooncy stuff we got going on here. Yes my little rascal/diavolo he's doing very well.
Lots of behavioral changes though which leave me confused

 

[Diogenese]

Point taken Diogenese , but our guys must have spent their own years and money to have something marketable to go to the stock exchange to float the company . Five more years of their lives and over one billion shares issued one would not be too unreasonable to expect ( 1 ) signed CONTRACT . In my opinion it could be a good time to use the advantage that is mentioned many times here . That we are five years advanced compared to other wanna be’s . If big multinationals want the opportunity to be taken seriously by BRN then we should have a stronger belief in how good our product is and start to take control and reverse the situation and require them to take a step back and reassess how much better they are going to be by incorporating our product and start to behave in a more attuned business manner . My opinion is our management is allowing everyone to tread far too hard on their toes .

Interesting sales technique - buy our IP or we'll sell it to someone else ... but we're not selling exclusive licences.

I would be surprised if our marketing team were not explaining the benefits of Akida to potential customers.

There's an old saying about leading a horse to water.

The process of developing a new product, especially in safety-critical applications like ADAS, is a long term project. Even an IC manufacturer like Renesas has taken more than 2 years to produce the hardware. We're hoping Valeo will incorporate Akida in SCALA 3 next year, after more than 2.5 years of joint development.

https://smallcaps.com.au/brainchip-joint-development-agreement-akida-neuromorphic-chip-valeo/

We have partnerships with several leading edge start-ups as well as the titans of the industry.

In the last 12 months, business conditions have taken a turn for the worse: inflation, recession, component shortages, war, layoffs in the major companies, cost cutting and belt tightening across the board, bear market ...

Am I happy about the delay? I bought in FOMO in 2018 when I first discovered BRN and saw they were due to make a presentation to an engineering conference in the US in a couple of weeks. I was sure the SP would hit $17.85* in no time.

The whole business strategy has been overhauled in the interim, but the underlying brilliance of our product has only got brillianter. We're not selling psilocybin - this is a real trip to the moon.




*There were fewer shares then.

 

[Space Cadet]

Google's Bard AI bot mistake wipes $100bn off shares

An advert to promote the new Bard software shows it answering a query incorrectly.

www.bbc.com

Google's Bard AI bot mistake wipes $100bn off shares

An advert to promote the new Bard software shows it answering a query incorrectly.

www.bbc.com

Maybe they did their DD by asking ChatGPT if Bards answer was right and it answered, it is correct. Now that's how you do your due diligence.

SC

 

[The Pope]

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.

Hi jomo68,

I understand BRN Management style with “market sensitive announcements” BUT
the tapeout of Akida 1500 is just a non-price sensitive announcement wrapped in 4c from BRN management. i feel it should have been a seperate non price sensitive announcement on ASX just like other tech companies have done. BRN management prefer to announce so called general news like tape outs via twitter instagram etc and BRN website.
if you didn’t access twitter, instragram or BRN website for BRN news updates (for whatever reason) and relied on ASX for non sensitive announcements you may have missed it.
My understanding is WBT and other tech companies may consider a tapeout as good news (considered by some as non-sensitive market announcement in asx announcement ) to assist shareholders this news is not missed who don’t wish to use twitter etc. How this news is taken by market then let the market decide. Just my thoughts

 

[Frank Zappa]

Interesting sales technique - buy our IP or we'll sell it to someone else ... but we're not selling exclusive licences.

I would be surprised if our marketing team were not explaining the benefits of Alida to potential customers.

There's an old saying about leading a horse to water.

The process of developing a new product, especially in safety-critical applications like ADAS, is a long term project. Even an IC manufacturer like Renesas has taken more than 2 years to produce the hardware. We're hoping Valeo will incorporate Akida in SCALA 3 next year, after more than 2.5 years of joint development.

https://smallcaps.com.au/brainchip-joint-development-agreement-akida-neuromorphic-chip-valeo/

We have partnerships with several leading edge start-ups as well as the titans of the industry.

In the last 12 months, business conditions have taken a turn for the worse: inflation, recession, component shortages, war, layoffs in the major companies, cost cutting and belt tightening across the board, bear market ...

Am I happy about the delay? I bought in FOMO in 2018 when I first discovered BRN and saw they were due to make a presentation to an engineering conference in the US in a couple of weeks. I was sure the SP would hit $17.85* in no time.

The whole business strategy has been overhauled in the interim, but the underlying brilliance of our product has only got brillianter. We're not selling psilocybin - this is a real trip to the moon.




*There were fewer shares then.

Thankyou for replying Diogenese . I differ in my thinking re leading a horse to water in that I firmly believe in the bricking of the camel once it has started to drink .one can expect to get at least another 3 days in the desert if that is practiced . I’ll take onboard everything you have said and see if I can justifiably reset some of my thinking . Thankyou once again .

 

[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.

“A team of our caliber”.

I’m interested in hearing more as to what caliber of team we actually have…

PDVM and Anil. Yes, I agree.

The rest? What have they accomplished after more than two years of commercialisation? Two contracts? One came out of left field, so I put that win down to Akida, and one other.

I’m genuinely keen to learn more here. I mean, we’re a company with a product so surely success should be based on sales right? With more than 24 tier one companies in the EAP before we even had a chip, sales should be easy right?

 

[Easytiger]

nvestments and company information in 'One place" It's

Thanks @Learning

So there’s some good news!
Something to be happy about today!

There’s a likelihood that a innovative medical device containing Akida is getting closer to market and going through the appropriate trials prior to approval.

How exciting when the products start coming out of the pipeline!

It’ll be price rise after price rise, after price rise!

Would this not be a price sensitive ASX announcement

 

[HopalongPetrovski]

Seeing and getting the chance to chat with the management up close and personal at the AGM certainly has helped put some iron in my spine.
I was heartily impressed with the calibre of the people I met there, especially Peter, Sean, Antonio and Ken.
It wasn't just their professionalism but they really seemed like genuine people who are at least as excited as me by the Company and the opportunity and I really liked that it wasn't just all about the money.
They know that's important to us, and to them too, but it's also about doing good in the world.
I admire that, and I also think they are doing their best to get it all happening as quickly as possible and are probably as frustrated as anyone by all the imposed secrecy.
I've also experienced building a business from scratch and just how hard certain parts of the growing process can be when you just seem to keep pouring blood, sweat and tears in, year after year, and yet only seem to be getting incremental results.
It's a long hard slog until you make it, and not all do.
It's also easy to snipe from the sidelines, but I hardly think it helpful.
Perhaps you should address your concerns to the Company rather than here.
We are hardly likely to grab pitchfork and torch and demand heads on pikes.
If you don't get an answer that satisfies you then feel free to divest and put your support somewhere else.
GLTAH

 

[GazDix]

RE: All the discussion about announcements and why we are not posting them clearly on the ASX.

I have alluded to it before, but I am convinced the reason why we are not doing it is strategic. Why? To have the greatest short burn since Gamestop? Haha, I don't know.
Tony Dawe's explanation that they are taking a careful approach is just an excuse for something. What that is? I don't know. All I know is that by including the tape-out in the quarterly rather than a seperate announcement which was precedent before and certainly not threatening to any ASX rules as it had done before. The 'ramping' threat by the ASX I bet is standard and other companies brush it off and carry on. I don't mind us taking a conservative approach, but it could bite us on the bum as well. A price sensitive ANN is 'a reasonable person would expect to have a material effect on the price'. One of the exceptions of not releasing an ANN is 'if the information is a trade secret'. Would that apply? I don't know.

I really think this is strategic. Because if it isn't, I know Hehir said 'let the SP do what it does' or along those lines, in fact not informing shareholders under the ASX rules in time and if it will have a material effect on price can also land us in trouble. To be clear, I am just mumbling about the future if we are not focussed on this and not referring to the tape out of 1500 mentioned in the quarterly (which was included in a PS document so falls under those rules).

Scepticism is my downfall and also my strength at the same time, but I wonder if this is all a ruse to exhaust us retail holders and our directors have some smooch on the side waiting to come in, and when they do come in then the company gets special deals that will reward the long-term and loyal shareholders. I don't know. Or was it a stern warning from the ASX after the MB announcement on Twitter? I feel there is something missing and it is not just about us being conservative.
I think FF had an idea too and decided to leave the forum.

If I was a shorter and I knew Brainchip would hardly not announce any PS ANNs on the ASX, yes, why not?
All is good. I do believe, just late night mumbles. Nothing else. But we can't always have rose-tinted glasses on. Investing is sort of like marriage. Goes through ups and downs.
Cheers to a fair share price in the next few months.

 

[Deleted member 118]

Going back to China, found this article extremely informative

Choking off China’s Access to the Future of AI

In a transformation of U.S. export control policy, the Biden administration seeks to exploit U.S. dominance over “chokepoints” in the semiconductor supply chain to block China’s ambitions for Artificial Intelligence leadership and technological self-sufficiency.

www.csis.org