BRN Discussion Ongoing

Taproot

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FJ-215

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skutza

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Look lets just face it. Nobody is really going to be happy until we see an increase in the SP. I would suggest that nobody needs to whine or complain about the SP because fundamentally it is actually still over valued. People won't like to hear this, but sorry, $$$ speaks. There is still room in the SP for speculation IMO.

So what should the people do, AGM! listen in, go there find out what is going on, ask all the questions (respectfully) as much as you like. I personally can't go, but I'm not really worried or care about the SP. Sean put himself up and said judge his performance at the AGM. Even if we don't see a big revenue leap by the AGM, he will still be happy with his work. He will talk about the ecosystems that the company has built and the partnerships, that are so important. He will be pleased with his work. Many here won't like to hear this from him as all they want is "SHOW ME THE MONEY!!!!"

This too is understandable. I'm starting to get bored with all the partnerships and ecosystems talk. I'm spending very little time here as all the dot joining and possibilities are "whatever". We know we are a solution to many of the problems out there. We know it works, too many of the BIG end of town have basically joined us or working with us. I don't need any more companies big or small to convince me how good Brainchip is and what we have. I'm now just waiting for companies to use it. Until then, really the SP will go nowhere and revenue will be small (in comparison to our MC).

So in all, don't ask the 1000 eyes when the SP is going to go somewhere. Don't ask the 1000 eyes when the revenue is going to start pouring in. Because the 1000 eyes don't have insider trading eyes, they are just looking for possible AKIDA uses.

Whether you like this post or not is irrelevant. But I can tell you right now, I'm correct. The market now needs a big company like Mercedes to shout out (like Tony suggested) that they are using AKIDA (not imply) or we see a giant leap in revenue.

The only other way we'll see a rise or fall in the SP is though the manipulators, but I have no time for them. Good day all, I'll be listening into the AGM and my guess is we'll hear about how good our ecosystem has gotten over the last 12 months :)
 
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Learning

Learning to the Top 🕵‍♂️
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mrgds

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View attachment 34482

For all those wondering about the LDA put option
$12,232,543 received at approx. $0.58 per share

Page 15
Thnx @Bloodsy for posting
So, .............. looks like the LDA arrangement has finished for now.
So, .............. BRN recieved the $12.232 mil for an allocation of 20.75 mil shares @ $0.58 per share.
So, .............. are we to think the LDA arrangement finished COB yesterday ? ............ probably not as the s/p has been alot lower for some time now.
Surely LDA will tuck those shares away until we see at least a 10% premium on their $0.58 ........... ? (0.67) ?
Considering not all the shares were allocated, to me indicates LDA arrangement was completed early Jan 23 considering the s/p decline and BRN had set the floor price at $0.58. ( gotta be happy with that considering the s/p now )
Keen to hear from others if im on the right track with my thinking. ( BTW closest to the pin "DB " )

AKIDA BALLISTA
 
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HopalongPetrovski

I'm Spartacus!
Agenda of AGM released ...... 42 pages!

BRAINCHIP HOLDINGS LTD ABN 64 151 159 812 NOTICE OF ANNUAL GENERAL MEETING The Annual General Meeting of the Company will be at the Whiteley Ballroom, Amora Jamison, 11 Jamison St, Sydney NSW 2000 on 23 May 2023 at 11:00 am (AEST).
1681775880805.png

With a max cap of 370 guess they are expecting a big turnout this year. 🤣
 
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GStocks123

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Anyone wanting to log in remotely to AGM+ voting process 23/5 from 10am AEST
 

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Xhosa12345

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Wish they would list the kpis for the rsu's....couldnt see on first glance but on my phone atm.

Interesting few weeks coming up anyway, hopefully we have seen or will soon see the bottom of the sp. I know this charts for mining but it also seems relevant for techs... hopefully we are at bottom after first hump. Yes i know i have 97 tabs open, i promise theres no porn....

Screenshot_20230418_082332_Samsung Internet.jpg
 
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HopalongPetrovski

I'm Spartacus!
Maybe this in some way is designed to address some of the concerns being expressed here.
Below is extract from......

6. RESOLUTION 1 – REMUNERATION REPORT

"In 2022, the Company adopted a pay for performance approach, including a Short-Term Incentive Program (STIP) which was introduced across the Company to provide an incentive for all staff as the Company transitions to commercialisation of Akida. The 2022 STIP was based on the achievement of Company and individual performance targets.
In the latter half of 2022, the Company’s Long Term Incentive Program (LTIP) was updated with the implementation of a three-year LTIP to incentivize executives through performance metrics focused on bookings and the conversion of bookings to revenue. It is considered that the LTIP equity instruments provide eligible participants with the opportunity to participate in the future growth of the Company, providing a competitive incentive as the Company transitions to commercialisation of Akida."
 
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Damo4

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Maybe this in some way is designed to address some of the concerns being expressed here.
Below is extract from......

6. RESOLUTION 1 – REMUNERATION REPORT

"In 2022, the Company adopted a pay for performance approach, including a Short-Term Incentive Program (STIP) which was introduced across the Company to provide an incentive for all staff as the Company transitions to commercialisation of Akida. The 2022 STIP was based on the achievement of Company and individual performance targets.
In the latter half of 2022, the Company’s Long Term Incentive Program (LTIP) was updated with the implementation of a three-year LTIP to incentivize executives through performance metrics focused on bookings and the conversion of bookings to revenue. It is considered that the LTIP equity instruments provide eligible participants with the opportunity to participate in the future growth of the Company, providing a competitive incentive as the Company transitions to commercialisation of Akida."
Do you know if these will be new codes, or just updated rules for existing execs?
 
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manny100

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Thanks for posting that tech girl. I found that the best thing I’ve seen here in a long time. Listening to Sean talk about ecosystem, and his experience with it really reaffirms to me how they are building this to have as far a reach as possible.
While I would like some individual licenses to to have been signed to help prop the SP a little more, this huge pool of companies all experimenting and complimenting each other’s technology, and the talk of using different foundries and silicon prove outs to guarantee its versatility suggests to me that once everyone figures out how they can all best compliment each other and in which form brainchip will be everywhere. I hope the 1500 and Gen 2 prove outs over the next 4-5 months is what gets the snowball rolling. But who knows it might be longer.
Sean said Gen 2 on track to be availble 3rd quarter this year, ie July to Sept He then said maybe a little earlier.
See Investor presentation.
By the AGM 23rd May we should get an encouraging update.
 
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jtardif999

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And how much? $5 or $10 million ain't going to cut it.

We are going to need significant revenue to justify our current market cap, let alone grow the share price. Which is why there are some, myself included, that are disappointed by the lack of license sales to date.
If the company’s revenue this year turns out to be in the order of 10 million then it will have doubled from last year which doubled from the year before. Continued doubling of revenue I think would make most share holders happy in the longer term. Companies that continue to double in revenue will turn into eventual behemoths. Where we all start our journey as shareholders shouldn’t matter in the long run if we have the patience and faith in the direction being taken. AIMO of course.
 
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HopalongPetrovski

I'm Spartacus!
Do you know if these will be new codes, or just updated rules for existing execs?
As far as I can see it doesn't go into the mechanics of how it will be applied.
 
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Thnx @Bloodsy for posting
So, .............. looks like the LDA arrangement has finished for now.
So, .............. BRN recieved the $12.232 mil for an allocation of 20.75 mil shares @ $0.58 per share.
So, .............. are we to think the LDA arrangement finished COB yesterday ? ............ probably not as the s/p has been alot lower for some time now.
Surely LDA will tuck those shares away until we see at least a 10% premium on their $0.58 ........... ? (0.67) ?
Considering not all the shares were allocated, to me indicates LDA arrangement was completed early Jan 23 considering the s/p decline and BRN had set the floor price at $0.58. ( gotta be happy with that considering the s/p now )
Keen to hear from others if im on the right track with my thinking. ( BTW closest to the pin "DB " )

AKIDA BALLISTA
58.03 was the average, so the floor had to be a bit lower..
So I was probably bang on 😛

Bought another coupla thousand shares today..

But this is short term, for gain or pain 🤔..
 
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TECH

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Good morning,

Well there you go, the AGM documentation released as was to be expected plus the LDA Capital details released with some nice funds
deposited into our accounts.

Without getting too pedantic, the figures don't quite match up.

Obligation 15,000,000 AUD received to date 12,232,543 AUD outstanding by 31 December 2023 2,767,457 AUD (not 2.85 Million AUD)

12,232,543 AUD raised from the sale of 20,756,540 shares equates to 0.5893 per share not 0.5803 per share (approximately I can read)

Still quietly happy that 0.58 + was the final figure achieved, not as good as $2.34 but it's a lot better than 0.06c a few years ago !!

The company has once again listened, having Sean present twice now recently is important, he needs to been seen so it sends a positive
message, we already have our backroom guys and gals in the engine rooms around the globe, Sean is the face of the company, so lets
just for a minute acknowledge the company in a positive, creative way.

p.s. Isn't Zach Shelby a laid back dude..😁;) Tech x
 
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perceptron

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