BRN Discussion Ongoing

[Damo4]

I was talking about the objective perspective on Brainchip from a market view point.

Those issues you describe, while it did affect the market in general, most companies have recovered from it, except a few.

Covid 19 mania is over. War is ongoing issue, it has been for decades, including USA who's been in wars for ever, not just Russia. And war issue never ends. Inflation is under control as per our government, and recession - we aren't there yet.

Tell me where I was negative?
All I was saying was BRN needs revenue and IP contracts and somehow I'm the negative poster?
I'm sorry I don't meet posting standards but market agrees.

If someone's saying instos are manipulating to accumulate, we would have seen the evidence already of this accumulation.

Huh?
When did I say you were negative?
I simply said there is no need to manipulate when SH's are driving the price downwards fine on their own.
Insto's don't force, they move with the market.

Also there are no "posting standards" anymore. What used to be a helpful forum is as on it's way to down to the point the useful stuff is shared via private message rather than on these discussion threads.
It starts with the sad-sack posts and will end with HC style manipulation which Zeebot pointed out is already occurring.

 

[Fact Finder]

Yes this is absolutely one side of it.

The other side is that people want to be rich yesterday. I understand, I do too! It’s nothing malicious, just classic age old impatience. Not having a go at anyone either, we’re all human (well most of us anyway) and guilty of it from time to time.

Absolutely correct and once someone allows impatience to rule they become vulnerable to suggestion.

You are waiting for someone to arrive. You have created a timeline of your own as to the latest they could possibly arrive. Someone suggests maybe something has happened. You allow yourself to consider a mechanical issue. Someone suggests they may have had an accident. You then begin to worry about will the Police know how to contact you. You get yourself into a state. They arrive. Turns out they left late, needed petrol and decided to pick up their dry-cleaning.

The evidence available to us as shareholders regarding share price increase catalysts of which I am aware is:

1. The price was 4 cents and is now 50 plus cents - Achieved off the back of little to no income simply company progress both technical and commercial;

2. The record share price of $2.34 - Achieved off a press release by Mercedes Benz not about income but trialling of AKIDA technology and its advantages;

3. Motley Fool and other equally well qualified commentators have published on numerous occasions that Brainchip is not an attractive investment as it does not yet produce income;

4. Anonymous posters on HC and TSEx have echoed the statements by Motley Fool and other equally well qualified commentators;

5. On the ASX mining companies and biotechs are constantly valued on potential of their discoveries;

Why is it when points 1., 2. & 5. are indisputable do ordinary retail investors without any agenda ignore the evidence that Brainchip's increasing share price is not totally dependent upon revenue?

Why is it that Motley Fool and other equally well qualified commentators and these retail investors do not set out what revenue numbers are required by them to confirm Brainchip as a solid investment?

Why do these groups not think that increasing revenue from $200,000 to over $5 million over the last two financial years indicates a positive road to commercialisation?

Why do these groups deny the existence of market manipulation involving social media and investment commentators?

I personally have absolutely no idea as everyone on TSEx and HC is anonymous and as such they do not have to submit their CV so I can weigh up whether they have a single clue with respect to the opinions they express or even if they are expressing paid opinions.

This is why I have said for years now do not believe a single word I say or anyone else says here until you have done your own research.

My opinion only DYOR
FF

AKIDA BALLISTA

 

[BaconLover]

What used to be a helpful forum is as on it's way to down to the point the useful stuff is shared via private message rather than on these discussion threads.

Well that doesn't sound sus, at all.

Private messaging to share useful stuff
I knew it happens in apps like Telegram, didn't realise it's a theme here.
That's okay, I get all the information I need from the company and their announcements.

 

[wilzy123]

equally well qualified commentators

I am going to use this label from now until I get bored of using it. Thanks.

 

[Damo4]

Well that doesn't sound sus, at all.

Private messaging to share useful stuff
I knew it happens in apps like Telegram, didn't realise it's a theme here.
That's okay, I get all the information I need from the company and their announcements.

You're shooting the messenger here, I too get my info from company announcements and press releases.
Especially the press releases/social media posts, which feel like a cheat code to making investment decisions ahead of anyone too lazy to pay close attention to their investments.
Look we've danced around it but you think the info out of the company is insufficient and I don't and I guess there's probably not much help to anyone here us talking about it

 

[BaconLover]

You're shooting the messenger here, I too get my info from company announcements and press releases.
Especially the press releases/social media posts, which feel like a cheat code to making investment decisions ahead of anyone too lazy to pay close attention to their investments.
Look we've danced around it but you think the info out of the company is insufficient and I don't and I guess there's probably not much help to anyone here us talking about it

Nope, no shooting the messenger, just the message content.

But no worries, I hope you get more useful info on those private messaging group, but I can only assume half of the content would be blaming the shorters and manipulators.

 

[Damo4]

Nope, no shooting the messenger, just the message content.

But no worries, I hope you get more useful info on those private messaging group, but I can only assume half of the content would be blaming the shorters and manipulators.

As I said, I get my info the same way you do.
I never said I was part of any private messenger groups.
Hence the messenger comment, hope that clarifies things for you, let me know if you need any more help.

 

[Slade]

No one with an ounce of ethics would insinuate that @Fact Finder was misguiding members on this site. The reason why so many members value and respect Fact Finder so much is because of all of the effort that he has put in over the years, researching the company and then sharing his astute opinions. Through the discussions and links that Fact Finder and other great researches on here have provided I have been able to keep up with a lot of the news about BrainChip.

 

[VictorG]

.

No one with an ounce of ethics would insinuate that @Fact Finder was misguiding members on this site. The reason why so many members value and respect Fact Finder so much is because of all of the effort that he has put in over the years, researching the company and then sharing his astute opinions. Through the discussions and links that Fact Finder and other great researches on here have provided I have been able to keep up with a lot of the news about BrainChip.

Seconded

 

[BaconLover]

As I said, I get my info the same way you do.
I never said I was part of any private messenger groups.
Hence the messenger comment, hope that clarifies things for you, let me know if you need any more help.

Yet we acknowledge that there's a private messaging group, where they share "useful info".
You may not be in it, only a few posters.
Why?
Because people have different views or question things?
Or is there another reason?
Either way, I don't think that's going to help anyone either. Just my view. But yeah, if you're in that cool group getting useful info, good for you, hope that pays off.

 

[KMuzza]

Hi all-
Well this is always worth another read-See Page 5- and note that the AGM is 23rd May 2023-

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02636054-2A1433201?access_token=83ff96335c2d45a094df02a206a39ff4

AKIDA BALLISTA UBQTS

 

[manny100]

Can we explore this a bit further? If we are already in a position that we ARE dealing via Prophesee offering our tech, surely some public announcement should have ALREADY been made?

Ann announcement could only be made if there is a binding contract or license signed. $$ or numbers could not be mentioned in an ann unless they can be substantiated to the ASX satisfaction. They will not allow another 'Get Swift' to get through.

A common trait seen here is to blame shorters, manipulators, instos etc for the share price action. In my opinion it is a coping mechanism.

Manipulation can also occur both ways too.
Some people manipulate the share price to get more shares, while others could manipulate by upramping and giving share holders fake hope. We have seen examples of this too recently with a few arrests made last year.

Both of these aren't healthy imo. Brainchip's share price isn't due to some instos manipulating to get more shares. It's purely due to the FACT that company hasn't achieved the revenue and sales (IP Contracts) that market expects it to do. It's that simple.

Once we start seeing the revenue, we would see an uptrend in price. Even Tony acknowledged this in an email to a shareholder that this is what market is expecting.

Once we get market's attention, then those shorts will cover, there'll be more buyers and it's a happy place. At the moment there aren't enough buyers to cause this.

I tend to agree. If you don't bring the 'bacon' home you don't get to eat. Our stock is volatile and the SP flies on a 'sniff' of revenue and falls like a stone when it does not materialise. That is why the ASX is hard on ANN's by BRN. They do not want another 'Get Swift' issue.
Having said that BRN with AKIDA in my opinion is/was simply ahead of its time. That is why NASA is on board. They want cutting edge stuff.
Great invention and we are just waiting for the rest of the World to catch up.
This ChatGP 'thingo' has wakened the World to AI and we are one up being at the Edge.
I can only speak for myself but for the first time i can actually sense we are getting closer to revenue agreements.
With World awakening there will definitely some who want to commercialise quickly for a 1st in which will lead to some revenue.
I think hindsight will say we were smart to hire Sean Hehir who quickly transformed Marketing and Sales.
From the podcast they hinted consumables and industrial would be short term wins.

 

[Pappagallo]

Absolutely correct and once someone allows impatience to rule they become vulnerable to suggestion.

You are waiting for someone to arrive. You have created a timeline of your own as to the latest they could possibly arrive. Someone suggests maybe something has happened. You allow yourself to consider a mechanical issue. Someone suggests they may have had an accident. You then begin to worry about will the Police know how to contact you. You get yourself into a state. They arrive. Turns out they left late, needed petrol and decided to pick up their dry-cleaning.

The evidence available to us as shareholders regarding share price increase catalysts of which I am aware is:

1. The price was 4 cents and is now 50 plus cents - Achieved off the back of little to no income simply company progress both technical and commercial;

2. The record share price of $2.34 - Achieved off a press release by Mercedes Benz not about income but trialling of AKIDA technology and its advantages;

3. Motley Fool and other equally well qualified commentators have published on numerous occasions that Brainchip is not an attractive investment as it does not yet produce income;

4. Anonymous posters on HC and TSEx have echoed the statements by Motley Fool and other equally well qualified commentators;

5. On the ASX mining companies and biotechs are constantly valued on potential of their discoveries;

Why is it when points 1., 2. & 5. are indisputable do ordinary retail investors without any agenda ignore the evidence that Brainchip's increasing share price is not totally dependent upon revenue?

Why is it that Motley Fool and other equally well qualified commentators and these retail investors do not set out what revenue numbers are required by them to confirm Brainchip as a solid investment?

Why do these groups not think that increasing revenue from $200,000 to over $5 million over the last two financial years indicates a positive road to commercialisation?

Why do these groups deny the existence of market manipulation involving social media and investment commentators?

I personally have absolutely no idea as everyone on TSEx and HC is anonymous and as such they do not have to submit their CV so I can weigh up whether they have a single clue with respect to the opinions they express or even if they are expressing paid opinions.

This is why I have said for years now do not believe a single word I say or anyone else says here until you have done your own research.

My opinion only DYOR
FF

AKIDA BALLISTA

My theory wrt point 5 is that there have been lots of mining companies that have gone from minnow to giant in Australia, simply by virtue of the fact that we are an enormous sparsely populated country with lots of mineral resources. We’re world class when it comes to digging holes, so this story is a very easy sell.

The contrast with tech couldn’t be more stark. Just look at our version of the FAANG stocks i.e. formerly WAAAX now I dunno WABX? Really only one outrageous success that caught a wave created by the storm of the century, two or three solid stories and one disaster. Doesn’t really inspire people in the same way that mining does and subsequently the vast majority of Australian’s just don’t see our country as one that could be a technology leader on the world stage.

So we (as in BRN) are still overcoming an element of disbelief IMO. Even in articles written only days ago we have journos using doubtful language such as “apparently does this” and “claims to be that” wrt to us despite the mountain of industry validation that has occurred over the past couple of years.

TL;DR - In Australia, mining success is almost a given, technology success yeah nah I’ll believe it when I see it m80.

 

[Damo4]

Yet we acknowledge that there's a private messaging group, where they share "useful info".
You may not be in it, only a few posters.
Why?
Because people have different views or question things?
Or is there another reason?
Either way, I don't think that's going to help anyone either. Just my view. But yeah, if you're in that cool group getting useful info, good for you, hope that pays off.

I'm not sure I can be any clearer.
I'm not part of any private groups sharing info.
I also never said there was a single group like you imply.
Multiple people have mentioned this in the last month, I'm not bringing new info to the table lol

Asking rhetoric's like that also doesn't mean much.
I have no idea what your implying the "other reason" is.

Yesterday I mentioned I was confused by how often positive announcements, such as Emotion3D partnership, are followed by negative posts regarding the lack of empathy from the company towards shareholders.
There is a reason we all left HC to share info here, away from negativity.
This whole forum was supposed to be that "cool group".

 

[curlednoodles]

Great news on partnership with emotion3D.

Why risk releasing " partnership " news on the ASX, albeit the partnerships are sensational building blocks for the company, when there is no revenue attached. All that is achieved is a short term SP trading opportunity, possible raising the ire of the ASX for ramping , and risking compliance for future US based listings.

This makes no sense to me.

Those who are close to the company and believe in it's future are at a huge advantage ... provided your investing horizon is a least 12 months out.
We get to continue accumulation of our holding in this transformational business at low prices, with the knowledge of the huge ecosystem being built around the companies IP, all the while the pressure builds behind the "commercial" dam wall.

Personally, couldn't be happier. I reckon the "commercial " dam wall will burst 1H 2024.
In the meantime, accumulate if you are fortunate enough to have the means to do so, and have the conviction of having done your own research.

GLTAH

Would you support BRN announcing EAP customers? I would. I also support BRN announcing partnerships as non price sensitive. The market needs to know about partnerships as it's an integral part of the companies growth and product development. Announcing it via twitter doesnt cut it.

 

[Fact Finder]

My theory wrt point 5 is that there have been lots of mining companies that have gone from minnow to giant in Australia, simply by virtue of the fact that we are an enormous sparsely populated country with lots of mineral resources. We’re world class when it comes to digging holes, so this story is a very easy sell.

The contrast with tech couldn’t be more stark. Just look at our version of FAANG stocks i.e. formerly WAAAX now I dunno WABX? Really only one outrageous success that caught a wave created by the storm of the century, two or three solid stories and one disaster. Doesn’t really inspire people in the same way that mining does and subsequently the vast majority of Australian’s just don’t see our country as one that could be a technology leader on the world stage.

So we (as I’m BRN) is still overcoming an element of disbelief IMO. Even in articles written only days ago we have journos using doubtful language such as “apparently does this” and “claims to be that” wrt to us despite the mountain of industry validation that has occurred over the past couple of years.

TL;DR - In Australia, mining success is almost a given, technology success yeah nah I’ll believe it when I see it m80.

Yes very true everyone has experience of digging even if only in a sandpit.

My brother who is a geologist and now runs a private investment service does not invest in mining because of the number of mining enterprises he saw that were nothing more than a guy with a shovel and a tin shed with a mining right.

While Australian retail have the mind set you have set out this is not the case in the USA.

The risk for Australian retail investors waiting on Brainchip to produce revenue is they will wake up one morning to discover US investors have stolen the opportunity out from under them.

Again my opinion only so DYOR
FF

AKIDA BALLISTA

 

[Rskiff]

Yet we acknowledge that there's a private messaging group, where they share "useful info".
You may not be in it, only a few posters.
Why?
Because people have different views or question things?
Or is there another reason?
Either way, I don't think that's going to help anyone either. Just my view. But yeah, if you're in that cool group getting useful info, good for you, hope that pays off.

I think "the secret message group" isn't a secret message group as such, but the "Conversations" tab at top banner to the right of users name. Anyone can open up a conversation with someone else if the other is willing to reply. Or am I wrong and there is a secret group plotting Brainchips explosive growth with timelines, forecasts, NDA's, EAP, oh wait that maybe Brainchip itself. IMO
"edit" , we are the secret group here at TSex so am thankful for the opportunity that zeebot provided us. The vast majority of shareholders probably don't know this even exists!!

 

[White Horse]

Would you support BRN announcing EAP customers? I would. I also support BRN announcing partnerships as non price sensitive. The market needs to know about partnerships as it's an integral part of the companies growth and product development. Announcing it via twitter doesnt cut it.

Luckily, it's not up to you. !

 

[Damo4]

Since Management began giving ASX the silent treatment on news feeds about 13mths ago, daily volume has dropped from 200m peak to around 5m these days.
IMO the past 13mths trading has been dominated by selling pressure.
The broader market does not have a BRN news feed but may screen ASX for Company announcements.
By managements ASX silent treatment , we have been missing out on new interest from the broader market that may have provided some balance against the selling pressure which could have reduced our share price depreciation over that period. IMO
We were rich last year and looking forward to multiples more but have rapidly suffered a 75% fall from those highs in the silent period.
Is it any wonder some astute investors have concerns? Especially while targets continue being missed.
If Sean gets a $450k incentive bonus as share at todays price he will receive 300% more share than he would have at last years highs.

200m shares trading hands at over $2 is not organic, it was hype.
Pumping results in dumping unless something backs it up - eg revenue.
Releasing loose announcements designed to prop up the SP, will just delay the inevitable.
Plus most of you seem to think the reported revenue isn't good enough, so what would have happened on the day the 4C's and 4E's are released whilst we are propped up at $2?
Finally forcing management to spend time worrying about the SP is time they could be spending attracting clients or closing deals.
I doubt a sudden $5B MC means the likes of Qualcomm decide to finally do business with Brainchip. It's the product/service that matters and I'm glad that's their focus.
It means with a little patience we will all be handsomely rewarded. Despite the bickering here, we all have a collective goal to build wealth and a stable, no fluff company that delivers on promises will see this in the end.

Perhaps I see investing differently but I don't hold management liable for the SP.
Results are important and the Mercedes Press release artificially lifted the SP to the all time high.
That never would have happened if we let the reports speak for themselves.

 

[BaconLover]

I think "the secret message group" isn't a secret message group as such, but the "Conversations" tab at top banner to the right of users name. Anyone can open up a conversation with someone else if the other is willing to reply. Or am I wrong and there is a secret group plotting Brainchips explosive growth with timelines, forecasts, NDA's, EAP, oh wait that maybe Brainchip itself. IMO

No idea Rskiff, I have had private messages, but I am not part of a group, so don't know what's shared there, what's not.
I was only replying to what Damo said in a message earlier ''the useful stuff is shared via private message rather than on these discussion threads.''
Whether someone is a part of it or not is not important, but the fact that such a statement was made is interesting.