BRN Discussion Ongoing

[DingoBorat]

Just increased my holdings by 33%, via my SMSF.

Thank you shorters, LDA Capital and soft serves.

 

[jtardif999]

" I would say he most likely sold out some time ago" everyone has an opinion but mine is that FF has definitely NOT sold out!!!

He’s still listed in the top 20 AFAICT.

 

[Sotherbys01]

I just swooped in for another $5K which was a battle to get at .51

 

[alwaysgreen]

42 million shares traded so far today.

Highest volume since our huge drop on release of the zero cash receipt 4C in December.

And 4th highest volume in the past 12 months.

 

[jk6199]

Pissed off, but bought more.

 

[GDJR69]

BRN has a great product and a bright future but part of the immediate problem with the SP in my view is that the CEO made representations that we would see significant income in Q4 2022 and there have been other representations to the effect that we would see a lot of sales and that hasn't happened so far. The company needs to reset expectations. If significant sales have not been achieved then it would help to explain what they foresee as the revised timeline and pathway to profit.

For my part, I would also like greater explanation as to the legal and commercial aspects of the partnerships. Is there a partnership agreement with the partners? If so, what are the key commercial aspects? Do we expect to eventually profit from the partnerships and if so how so? None of this has been adequately explained in my view (if it has please feel free to correct me) and would help shareholders better understand the partnerships.

Having said that I am a LTH and I haven't sold a single share and I'm not going to because I have faith in the product and future of the company. BRN already has IP agreements and a significant international early adopter in Mercedes Benz (which was never announced by the company so how many other Mercedes Benz are there out there?) I believe it is just a matter of time but of course in the meantime it is not pleasant to see the SP slide and then drop like this and I understand people's frustration with not being where perhaps we thought we would be at this time. However, in my view this is just a temporary malaise and the future remains as bright as ever.

 

[jk6199]

Another fine and manipulated day.

ASIC investigating ASX for continued sales of 1 & 2 shares that affect the price would be great!

And here's BRN worried about getting another warning about price sensitive announcements!

Where there's smell, there is usually one or two hidden turds.

 

[Foxdog]

BRN has a great product and a bright future but part of the immediate problem with the SP in my view is that the CEO made representations that we would see significant income in Q4 2022 and there have been other representations to the effect that we would see a lot of sales and that hasn't happened so far. The company needs to reset expectations. If significant sales have not been achieved then it would help to explain what they foresee as the revised timeline and pathway to profit.

For my part, I would also like greater explanation as to the legal and commercial aspects of the partnerships. Is there a partnership agreement with the partners? If so, what are the key commercial aspects? Do we expect to eventually profit from the partnerships and if so how so? None of this has been adequately explained in my view (if it has please feel free to correct me) and would help shareholders better understand the partnerships.

Having said that I am a LTH and I haven't sold a single share and I'm not going to because I have faith in the product and future of the company. BRN already has IP agreements and a significant international early adopter in Mercedes Benz (which was never announced by the company so how many other Mercedes Benz are there out there?) I believe it is just a matter of time but of course in the meantime it is not pleasant to see the SP slide and then drop like this and I understand people's frustration with not being where perhaps we thought we would be at this time. However, in my view this is just a temporary malaise and the future remains as bright as ever.

For sure. Usually a price drop like this follows a significant poor announcement by a company. Today's huge volume and drop have not been preceded by any specific event so I guess we can just say the shorters have spooked some (lots) of weak hands.
Annual report due soon, followed by AGM. For those of us wanting company announcements there isn't really too long to wait.
I wouldn't be surprised if the dust settles overnight and there's a bit of a rebound tomorrow - totally my opinion and I've often been wrong before.
As for management's reaction I'm not sure how it would be taken by other CEO's (customers) if Sean was seen to be addressing SP concerns at every big drop in ASX value. He needs to exude confidence and control during negotiations.
Nevertheless a tough day for all holders

 

[BaconLover]

I've started a thread for questions that you want to ask at the AGM 2023, will be good to get a few good ones together, if anyone wants to contribute.

 

[mrgds]

For sure. Usually a price drop like this follows a significant poor announcement by a company. Today's huge volume and drop have not been preceded by any specific event so I guess we can just say the shorters have spooked some (lots) of weak hands.
Annual report due soon, followed by AGM. For those of us wanting company announcements there isn't really too long to wait.
I wouldn't be surprised if the dust settles overnight and there's a bit of a rebound tomorrow - totally my opinion and I've often been wrong before.
As for management's reaction I'm not sure how it would be taken by other CEO's (customers) if Sean was seen to be addressing SP concerns at every big drop in ASX value. He needs to exude confidence and control during negotiations.
Nevertheless a tough day for all holders

Yep, tough day for all holders.

Being a "glass half full " kinda guy, the upside to todays CRAP was the amount of posts from holders, (albeit for the wrong reasons) as the last few days has been very quiet.

AND, grabbed another 100k @0.515

AKIDA ( for you BL ) BALLISTA

 

[Fullmoonfever]

I got nothing but these thoughts on today.

 

[Tothemoon24]

1 x Dim sim = 3 BRN Shares .


I akidya not

Update

1 x Dim sim = 4 BRN Shares

I akidya not

 

[Quatrojos]

Loyal BRNers.
There's a fireside chat coming soon.

​ ​

​ ​ Laguna Hills, Calif. – February 14, 2023 – BrainChip Holdings Ltd (ASX: BRN, OTCQX: BRCHF, ADR: BCHPY), the world’s first commercial producer of ultra-low power, fully digital, event-based, neuromorphic AI IP, today announced that the latest episode of its “This is Our Mission” podcast is an inside-looking-out conversation among top BrainChip executives. The podcast will be published on February 19 at 3:00 p.m. PST and shared across the company’s podcast platforms, the @BrainChipInc YouTube channel and the BrainChip website. This informal, “fireside chat”-style conversation features BrainChip founder and CTO Peter van der Made, Chief Marketing Officer Nandan Nayampally and Vice President of Ecosystems & Partnerships Rob Telson discussing the company’s progress as well as providing their perspectives on the AI market today and what the future holds. “It’s been a while since we have taken an inside-looking-out approach to our podcast series, so I was very excited to have the opportunity to join Peter and Nandan on this episode to provide listeners with a better understanding of who we are, what we are doing and where we are going,” said Telson. “In addition to their front-row perspective of how things are evolving at BrainChip itself, both gentlemen are proven thought leaders and industry experts in the world of AI at large. Our audience will come away from this podcast with a better idea of current IP offerings and the direction the market is heading for years to come.” The “This is Our Mission” podcast provides AI industry insight to listeners including users, developers, analysts, technical and financial press, and investors. Past episodes are available at https://brainchipinc.com/brainchip-podcasts. About BrainChip Holdings Ltd (ASX: BRN, OTCQX: BRCHF, ADR: BCHPY) BrainChip is the worldwide leader in edge AI on-chip processing and learning. The company’s first-to-market, fully digital, event-based AI processor, AkidaTM, uses neuromorphic principles to mimic the human brain, analyzing only essential sensor inputs at the point of acquisition, processing data with unparalleled efficiency, precision, and economy of energy. Akida uniquely enables edge learning local to the chip, independent of the cloud, dramatically reducing latency while improving privacy and data security. Akida Neural processor IP, which can be integrated into SoCs on any process technology, has shown substantial benefits on today’s workloads and networks, and offers a platform for developers to create, tune and run their models using standard AI workflows like Tensorflow/Keras. In enabling effective edge compute to be universally deployable across real world applications such as connected cars, consumer electronics, and industrial IoT, BrainChip is proving that on-chip AI, close to the sensor, is the future, for its customers’ products, as well as the planet. Explore the benefits of Essential AI at www.brainchip.com. Follow BrainChip on Twitter: https://www.twitter.com/BrainChip_inc Follow BrainChip on LinkedIn: https://www.linkedin.com/company/7792006 ### Media Contact: Mark Smith JPR Communications 818-398-1424 Investor Relations: Tony Dawe Director, Global Investor Relations tdawe@brainchip.com The post BrainChip Executives Discuss the Future of AI in Latest ‘This is Our Mission’ Podcast appeared first on BrainChip. Read On BrainChip.com

Yep similar to FDR during the Great Depression...

 

[HUSS]

It’s a painful hard day for loyal BRN LTH, it’s frustrating to everyone i know. but we are investing for long term, we are investing to build our generational wealth. Remember that!! If you want to eat honey in the future days you must lick the salt during this journey at some days like today! It won’t be an interesting story that you could tell to your children and grandchildren if you didn’t have these painful salty days!!

Nothing comes easy or free in this life my LTH friends, if you want to have millions $$ in the future you should have days like today and this the price we pay before building our wealth. If you think to get rich quickly, then go for gambling and day trading and good luck to you. If you think to invest in long term then you must be patient.

Nothing have changed in our company fundamentals, on the contrary we are shining more and more and BRN is 100 times worldwide well known now than before. This is fact! Brainship secured more and more great partnerships than previous years. This is fact!! BRN also continue to further develop more products to the market, Akida 1500. This is fact!!. We have more secured patents. This is fact!! So why to worry about the sp drop, its clearly market manipulation or maybe LDA is selling whatever reason, such drop happened eveyday with Tesla, FB, Apple, Microsoft, etc.. As long as our fundamentals not changed we are fine and its SP market game.

I am not selling my shares unless failure occurs in the fundamentals and this will never happen because “we are already successful company” remember!! and secured great deals and partnerships with major players in the semiconductor market. Remember also we are moving from startup company to fully developed successful company and this takes time and patience.

Cheers all,

 

[Xhosa12345]

Hit the TAB this afternoon to try and win something back but just made it worse .......

 

[Labsy]

Picked up more today...just couldn't resist. Getting a bit fat now... Geez would feel shit having to part with my shares at this price....
Remember...." transfer of wealth from impatient to patient...." Happening before our eyes...

 

[jtardif999]

The share price drop today is the result of a confirmed downtrend in the technical analysis. Any person that has access to up to date charting or an advisor would have been warned about a descending triangle pattern coming to the pointy end and the fact we confirmed a downward trend over the last few weeks.

What I believe has happened is at the end of the descending triangle people have to decide if the share price will go up or down, the company has had no ASX listed announcements or any significant news or material contracts lately so why would you predict the share price to bounce into a bullish run?

I for one believe in the company and held a significant amount of shares in it, but even I sold last week as I couldn't see the price bouncing up, I did this because I don't like watching my money go down the drain. I will buy back in once we have found the bottom and hopefully ride a trend upwards.

I understand for long term holders who have an average buy in price significantly lower that they are happy to ride it up and down but for people who have invested and are down or sitting at break even, do yourself a favour and seek some advice on charting instead of just listening to people saying they are calm and happy about the share price tanking because this will result in you just loosing money.

My thoughts anyway, DYOR

Many LTHs that as you say are happy to ride the ups and the downs in the SP were sitting on losses of between 60 and 70 percent for up to 2 years - and this was back before commercialisation; the crap that many had to put up with then at the hands of manipulation to see a rerate of SP (from 3-6 cents) was unbelievable. If we all could just settle a bit and view the bigger picture here..? Commercial phase is now 14 months in and on the verge of realising some products in the market. That wasn’t the case back when we were 3-6 cents.

 

[Tothemoon24]

Received my Nviso allocation form via email today.

Out of interest who’s joining me in becoming a holder ?

1 x Dim sim = 20 Nviso shares

 

[TasTroy77]

This is a great opportunity to top up !

I am relaxed as well.

Nothing has changed about the company apart from the SP( numbers on a screen)

I don't plan to sell in the short term and I didn't invest money I am not afraid of losing.

Of course there is valid criticism to BRNs (lack of communication/ no signed commercial license's lately) which should be addressed at the AGM.

Not to kick people when they are down but IMO the harsh reality is some people here have made what I would call "poor" financial decisions and are now in a panic due to putting money they are afraid to lose in a high risk stock like BRN and are taking it out on management.

Good luck to everyone and I hope the SP recovers soon!

Well said and I agree with everything that you said.
No need for panic as the herd stampede

 

[Deleted member 118]

I wish my bloody accountant would hurry up with my new acn

Just increased my holdings by 33%, via my SMSF.

Thank you shorters, LDA Capital and soft serves.

lucky you I’m still waiting for my acn from my accountant, maybe I’ll be lucky and get em in the 40s