perceptron
Regular
Enjoyed listening to our CEO's investor podcast for the OTC market. Clear and concise. Moreover, I feel the company has direction and good leadership. Looking forward to the results of the long term strategy.
What pisses me off most is that they never admit they missed their target... tbh given this an extremely advanced technology in a new field and given they got so much things done (joining eco systems & forming partnerships, etc.), it's totally understandable that they didnt meet the timeline or revenue target...but they need to acknowledge what has happened and move on and provide a new target... I am so worried that it may repeat brain studio, accelerator, etc. back in 2015I 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.
I for one and probably the only 1, am more than happy with the timeline for revenue not expecting until late 23 early 24 as I was unable to add to my holdings until recently and will accumulate like mad now.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.
Well said. As a competition to all on this site.. humour me and try and find the presentation that Sean gave a couple of days ago.A big thanks to Evermont for summarizing the presentation.
I agree with Foxdog. This presentation showed that communication with shareholders and the public in general was far from good in the past.
It's almost certain that we can not expect any significant revenue this year.
This means that revenue will start to kick in 2 years after what was forecasted, at best.
To all the people defending the management. Please stop ignoring the red flags that are blatantly obvious to anyone and ask critical questions at the AGM. Saying that the AKD1000 was never intended to be a revenue stream. It boils my blood to put it lightly.
That's my request to all Australian holders who will attend the AGM this year.
Please don't be in denial. Face that the management failed to communicate, failed to fulfill their promises and that most if not all revenue-related predictions were hollow words.
I for one and probably the only 1, am more than happy with the timeline for revenue not expecting until late 23 early 24 as I was unable to add to my holdings until recently and will accumulate like mad now.
It’s been posted 4 times now; and is on the previous page. Wiltzy posted it last.Well said. As a competition to all on this site.. humour me and try and find the presentation that Sean gave a couple of days ago.
Link to the companies website please. Then you get the prize!It’s been posted 4 times now; and is on the previous page. Wiltzy posted it last.
I don’t think Brainchip can be responsible for what employees of other companies are putting on the internet.Normal companies run by competent boards release information to shareholders. Not the case here. We have to join dots.
I'm sick of being misled by this company. They will soon realise that omitting to communicate with shareholders and to pass on price sensitive news like dispelling myths about associations with companies that perhaps aren't true can be construed as misleading and ASX takes a dim view on this.
For example the recent Tata tweet associating BRN with Tata. Am I meant to draw my own conclusions on this and make a decision to buy/hold or sell decision based on a tweet?
Disgraceful company behaviour.
Don't you feel though that we should expect honest and timely information about the company we own, from management?This forum is really slipping again due to the negative nellys.
Some people really aren’t mentally prepared to hold shares in a speculative company. Which Brainchip still is - it’s entry into the ASX200 was premature and due to a great plug by Mercedes. But Brainchip is a speccy.
Where anyone “feels” like Brainchip should be by now is irrelevant. It always goes back to having a plan. Take responsibility for your own investment. Whining here does nothing and the same whingers rarely contribute anything beneficial.
Why pay a membership for this forum, I can get whinging for free from the Mrs.
The guy works for Brainchip.I don’t think Brainchip can be responsible for what employees of other companies are putting on the internet.
I don't know what you do for a living but nobody admits to short falls in industry.What pisses me off most is that they never admit they missed their target... tbh given this an extremely advanced technology in a new field and given they got so much things done (joining eco systems & forming partnerships, etc.), it's totally understandable that they didnt meet the timeline or revenue target...but they need to acknowledge what has happened and move on and provide a new target... I am so worried that it may repeat brain studio, accelerator, etc. back in 2015
What did that tweet actually say. I see many tweets that competing companies congratulate others for accomplishments? So it's really hard to know what your implying?Normal companies run by competent boards release information to shareholders. Not the case here. We have to join dots.
I'm sick of being misled by this company. They will soon realise that omitting to communicate with shareholders and to pass on price sensitive news like dispelling myths about associations with companies that perhaps aren't true can be construed as misleading and ASX takes a dim view on this.
For example the recent Tata tweet associating BRN with Tata. Am I meant to draw my own conclusions on this and make a decision to buy/hold or sell decision based on a tweet?
Disgraceful company behaviour.
The guy works for Brainchip.
I was just stating what someone wrote about revenue and the company, but I do know I’m onto a real winner here in 5 plus years time no matter how bumpy the journey is.So you're really saying that we shouldn't believe anything management state regarding the timeline to revenue and we should take comfort that you are happy to wait until 2024 for revenue?