I have been a shareholder for many, many years now. I have seen the ups and downs. But when I see my share price drop over $1.00 per share over the last 12 months and the directors are giving themselves performance rights, I think I have the right to complain.
Don't get me wrong, I still believe we have a great product and I still believe it could be a world changer. But I am thinking that maybe the present administration is not the one to deliver the results that we all want and deserve.
I would be the happiest man on the planet if i was proven wrong.
I think you are barking up the wrong tree Newk. You see
management don't control the share price. The questions you should be asking are; Is management making the
right connections with new and existing customers and partners?
YES! Are they meeting performance goals with regard to
product development and use of those products with appropriate developmental software and tools? Another big
YES! Mmmm ... In fact I am thinking they are doing an outstanding job here.
Are they getting out and
spruiking our IP and chip use at conferences and field days, seminars etc? A big
YES again.
There is an old saying: Energy flows where attention goes. If you focus on all the negatives, then that will grow in importance to you. That circle gets bigger. If you focus on the progress that is being made with customers and partners you would be very encouraged. All be it that the company is bound by NDAs which are important to our customers and partners as well as ourselves.
As for someone's suggestion that the company should ditch all NDAs. Yeah, right. If you want to lose 90% of our customers who insist on the NDAs in order to maintain secrecy and stay ahead of their competition. How stupid a suggestion is that? Clearly from someone with no business acumen at all. I'm sure glad they are not running our business.
It is about time some posters got real instead of making ridiculous suggestions to feed into their negative sentiments. (Or is there some other underlying motive?)
Another interesting point; I remember some years ago my brother's broker said "Don't invest in Brainchip because they are not big enough and companies like Intel have deep pockets and will simply poach all the best talent from the company by offering them more money." (Or words to that effect.) How do you think we'd go if we weren't offering performance rights to our top personnel? Do you get the picture? By the way, I don't think share price is one of those performance indicators.
In summary:
1. This company is in sound hands with many of the top personnel and best brains in the industry.
2. Almost weekly new partnerships and customers are popping up. Well done and thank you to all the great researchers here who give their time so freely to keep us ahead of other less informed investors. In fact far better than many of the so called analysts who only seem to analyse their own navels ... and don't do that very well.
3. Our list of partners, customers, and developers continues to expand along with new industries that we are evolving to.
4. Performance goals are outstanding as we churn out the Akida 1000; 1500; 2000 ... with many more on the drawing board and in development. These are all technical masterpieces.
5. We are well cashed up to continue the development until revenue exceeds expenditure.
6. Our ground-breaking technology is protected by a growing list of patents and copyright registrations.
7. More staff are constantly being recruited to meet the growing customer demand (while other big tech firms are laying off thousands of personnel). That gives me lots of confidence
8. And for those shareholders who don't seem to be getting enough feedback from management I have a few suggestions for you:
a. Get off your arse and look at the company web site. Just about everything you want to know (that the company is allowed to tell you) is there.
b. If there is something specific you need to know then ring or send an email to our investor relations person Tony. It's not that hard you know.
c. Stop whingeing here over and over, and crapping all over our wonderful research exchange.
9. We KNOW what's coming and we know it takes time for the commercial products to hit the streets so remember, patience is a virtue. (Lord give me patience ... right bloody now!) LOL
And on a final note. I will be attending the AGM in Sydney where I hope to meet a lot of other LT shareholders. Stay positive everyone. You will live longer, and be happier.
Cheers
Deena
the end.
