Yeah looks like 2030, Why haven't they signed any more IP licences
I will agree that the time lines have changed.
But let's step back to 2021.
1. Revenue projected in late 2022.
2. Breakeven 2023.
Now what kinda activity and partnerships did we have in 2021?
Was Akida being advertised or marked as a great product back in 2021 by partners and universities?
Now let's look April 2023.
1. Revenue projections pushed to back end 2023 maybe early 2024
2. Breakeven not sure yet rather.
We do have a lot of partnerships now with we all know who.
We are busy hitting marks and adding new partnerships.
Universities are studying SNN.
IP purchaser will be taping our IP on chip.
We have increase the range of our products.
Lets not kid our selves we have come a long way from 2021.
Yes one final part revenue is missing i will agree.
Have they moved goal posts and timelines yes.
Will we have revenue in the next 12 months yes.
Are there lots of possible products in the works that have Akida yes.
We are comercial yes but the uptake has not yet begun.
There is a whole cycle that need to happen to bring comercial product on that I believe many of us have underestimated the time.
Believe me I thought I would have been sipping drinks full time by now in 2020 but it's been a long road long road.
I Will add in that I think when Management increased the LDA draw back in the day they knew the timeline changed. Will they announce the delays no nobody does let's be honest about that.
Are the delays a result of BRN staff the awnser is no. My understanding is they meet there deadlines on development pretty well.
Are there delays in their customer base or up take yes. Why? Well these people run businesses and they need to be fiscally responsible minimize risk. There are So many challenges in the world post covid shortages and delays that these companies need to keep there owners happy and making a healthy profit. So development of new innovative risky investment are not always a priority.
Once some adopt Akida there will be a rush by others it's the first few contracts that take time.
So laying blame on management sales is not actually solving anything.
As it stand as investors responsible for our own actions we have to options:
1. Buy stock
2. Sell stock
This is what is in our control.
If you feel that BRN will not meet exceed it's old highs or you have belief of better returns elsewhere you know what you have to do. If your angry about buying higher trapped you need to looknat why you bought when you bought and say why i paid 1.70 a share i was thinking we would get to 10. But now the timline does not suit your strategies you need to fix that come up with options to correct things.
If you feel we are under valued THEN YOU to know what to do.
Sticking around complaining complaining so never solve your dilemma. Those that have been complaining on HC regarding BRN being a poor investment for 2 plus years you need to really think about thier motive. Who will for 2 years keep telling you to sell it's crap. Believe me they don't care about your welfare.
The reason there is so much less action and dialog is cause the long term investor is studing their market reading the thousands of articles on SNN and Akida referanced articles. We did not have this vast number of leads and reports to go though in 2021 or 2022 for the greater part. Things are building.
Your watching the AI revolution AIOT start. This is how a company is built not with Yatchs Parties and all the stuff you see on TV. Through hard work network and a bit of luck.