First post here about anything for a long time. No promises I get it right ok.
But I thought I would share a few points highlighted in the following letter. This letter we have all seen before back in early Feb 2023 from a poster here, where Rob replies with some valuable points to consider!
Sections are extracted below.
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Investor Relations - IR Brainchip Inc. <
ir@brainchip.com> Thurs 2 Feb 2023
Thank you for your email and support of Brainchip.
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Although you can't see it in the 4C reports there is a huge amount of work being done to secure commercial bookings and this work is increasing as we continue to add new people in key roles within our sales team, both in the Us and in key global markets. The other thing that is not visible in the 4C reports is the focus we have on developing new products to meet the diverse and growing requirments of customers. As you will have noted, we have recently announced the tapeout of akida 1500, which is a variant of the Akida 1000 and was developed because of direct engagement with our customers. We are also working on the release of our next generation chip, Akida2000 later this year which we believe will appeal to many customers.
In conclusion, while I hear your comments and note your fustration with the time its taking for us to deliver on our promise, I would counsel that you be patient and give us more time. the only thing that has happened in the past 12 months is that we've become a much stronger and more focused company and our technology has become better known and understood by the market. It's only a matter of time before that translated into commercial success.
Tony Dawe
Director Global Investor Relations
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OK.
1. they are securing commercial bookings - (getting in front of potential customers.)
2. developing new products to meet the growing requirements of customers - (positive interaction on product development with customers)
3.recent announcement of AKIDA 1500 - (we are all aware of this and WHY Akida 1500 is being taped out and by WHOM)
4. (Akida 1500) was developed because of DIRECT engagement with customers - ( again direct engagement with customers)
5. RELEASE OF OUR NEXT GENERATION CHIP , AKIDA 2000.........LATER THIS YEAR - (AKIDA 2000 being released in 2023)
6. matter of time before all this translates into commercial success - ( strong words, to make a promise like this -ie: give it time & there will be commercial success)
the only problem I see is the lack of engaging the Australian (and world) Stock markets and thereby BRN shareholders
and potential NEW shareholders on the ASX with any form of company update regarding these factors.
The average Australian shareholder/investor knows nothing about this and really anything about BrainChip at all. The ASX is a dead space for researching info about BrainChip that is an Australian registered company and this is just dead wrong, unbelievable!
Next week (22nd feb) ASX price sensitive coming out according to TECH.
What might be released before that maybe/hopefully?
Yak52
sorry wanted to insert image (JPEG) of the email mentioned above but cannot seem to download pics from my desktop. ??
:
Yeah, I've long had a strong feeling, the Shareman was a part of HC's "conflict model" which evolved, in my opinion, to a "sentiment manipulative model" for financial gain, to the parent organisation.
