BRN Discussion Ongoing

[Deleted member 118]

Well, we may disagree but I respect your opinion

Im sure people previously were agreeing on these share issues due to the fact it practically impossible to employ people in this field, times have changed especially in tech and many people are now looking for work and we ain’t seen much in the way of price sensitive announcements, which even I was expecting more that the few we have had the last few years.

 

[Damo4]

Old habits die hard

 

[FlipDollar]

Old habits die hard
View attachment 34753

No arguments here brother, just passionate discussion with sometimes differing opinion.

I personally have never said a bad thing about this company of which makes up 65% of my portfolio.

Enjoy your Friday

 

[FlipDollar]

I catch your drift mate and we all have different opinions and happy to say I don't agree and pretty sure you're fine with me not agreeing with your opinion as I am fine that you don't agree with mine.
Wow is what they call having a civilised debate is ?

Exactly!

 

[Dhm]

Good point regarding the upvotes on a post, the only problem I see is imagine it was HC and someone posted "Shareman is a piece of s**t"
That would garner many many upvotes, enough to outweigh the reports, despite it clearly breaking the rules lol

Guilty as charged. It was a ‘fu$kw@t’. But quite poetic I thought.

 

[Deleted member 118]

At the end of the day

 

[Dang Son]

Just received mine yesterday and will be doing the same

What about poor Manny ?
Doesn't he deserve a bonus 8,000,000 shares for resigning ?
I hope they don't feel the need to dilute shareholders everytime someone decides to leave.
I won't be voting till last minute in case of a lates reveal , like the Arms deal.

 

[Jimmy17]

I intend delaying a vote until the 4c is released however if it is underwhelming we can expect more carnage, and for gaps to be filled in the 30's and potentially 20's. There's no way I'll be rewarding our management team with options and bonuses until that hockey stick chart is well on it's way and our commercial success is truly proven.

 

[manny100]

I agree the technical advances are not a signal of Sean's success in his role as CEO.

It's important to look at where Brainchip was as a company prior to Sean's appointment to fully assess his performance to date.

Prior to Sean coming on, PVDM was our interim CEO during the search for a new CEO which we now know to be Sean Hehir.

I've met Peter multiple times, he's an amazing human, a true innovator and no doubt works himself more than he needs to given his age and financial position, but he's not cut from the CEO cloth and I would hazard a guess probably hated his time in the chair and would have much preferred to be out the back in the shed (or Brainchip Research Institute) tinkering away on our next gen technologies instead of facing up for a stocks down under presentation.

I don't think it would be too much of a stretch to say there was only one-hand on the steering wheel while Peter was temporarily driving the bus, and you know what, that's probably fair. The fact is prior to Sean and given the stage that the company was at, Peter's role as CTO was the most important role at the company at that time. During Peter's interim tenure as CEO, NVISO's driver monitoring system would have been flashing red and beeping at the detection of an unalert driver because Peter simply had more important things to do day-to-day.

Fast forward to Sean's appointment as CEO, 9 months or so after the search began. Peter takes his one hand off the wheel and gets to walk down the aisle to the back of the bus where he takes a seat next to the cortical column he had been heavily working on 9 months prior but has had limited time to tinker with of late due to his increased responsibility as interim CEO. He picks up the cortical column and looks at it intently, his eyes begin to shine and a large smile crosses his face.

Sean climbs the steps of the bus, looks around, gives a wave to those on the bus and then sits down in the warm seat left behind by Peter. Sean pulls a pair of aviators out of his jacket pocket and puts them on before then placing two hands on the steering wheel and gently steering the bus back into the centre of the lane.

15 November 2021 - the commercialisation bus is now back on track. See announcement below regarding Sean's appointment, key focus areas and what he brings to the table.

https://brainchip.com/sean-hehir-as-new-chief-executive-officer/
Aliso Viejo, Calif. – 15 November 2021 – BrainChip Holdings Ltd (ASX: BRN), (OTCQX: BCHPY), a leading provider of ultra-low power, high performance artificial intelligence technology and the world’s first commercial producer of neuromorphic AI chips, today announced it has appointed Sean Hehir, a proven technology executive with significant experience in driving explosive revenue growth for the world’s largest technology organizations, as Chief Executive Officer. He will guide the company towards full commercialization of its Akida™ neuromorphic computing platforms out of the new North American offices in Laguna Hills, California.

Mr. Hehir’s track record of organizational development, strategic alliances, and go-to-market programs have driven revenue growth for large technology organizations, including HP, Compaq, and Fusion-io. As a relationship-builder, he has executed programs and partnerships with companies such as Microsoft, Intel, AMD, Oracle, Cisco, SAP, and Accenture. He currently serves as a board member of the Silicon Valley Executive Network and holds a bachelor’s in business from the University of Massachusetts at Amherst plus an MBA from Georgia State University.

“I’m excited to join BrainChip at this pivotal time in their history. It is a time when the company is heavily invested in working with partners that will benefit from AI at the edge. I believe my experience in building strong relationships with top-tier global clients will prove beneficial to BrainChip as they enter this next phase of growth,” said Mr. Hehir. “Preparing for the broad commercial launch of Akida silicon and intellectual property will be my top priority, so BrainChip can begin its transformation from a company developing groundbreaking AI technology to a company supplying cutting-edge markets like automotive, transportation, consumer, aerospace, medical, and industrial IoT with the best AI technology available.”

Since Sean's appointment, the following developments have been made which I believe DO signal Sean's performance (or lack there of) in his role as CEO (hopefully I haven't missed anything).

1. Complete company and website rebranding exercise undertaken within weeks of Sean's appointment as CEO (prior to the rebranding you may recall Brainchip had an Exxon Mobil-like PR disaster with the now infamous table cloth saga.
2. 9th March 2022 - BrainChip Continues Expansion with Sales Partnerships in New Geographic Markets
3. 5th April 2022 - BrainChip and SiFive Partner to Deploy AI/ML Technology at the Edge
4. 20th April 2022 - BrainChip and NVISO Partner on Human Behavioral Analytics in Automotive and Edge AI Devices
5. 11th May 2022 - BrainChip Launches AI Enablement Program
6. 16th May 2022 - BrainChip and Edge Impulse Partner to Accelerate AI/ML Deployments
7. 23rd May 2022 - BrainChip Joins Arm AI Partner Program
8. 26th May 2022 - MegaChips Forms Strategic Partnership with BrainChip
9. 20th June 2022 - BrainChip Partners with Prophesee Optimizing Computer Vision AI Performance and Efficiency
10. 17th August 2022 - BrainChip Empowers Next Generation of Technology Innovators with Launch of the University AI Accelerator Program
11. 23rd November 2022 - BrainChip Adds Rochester Institute of Technology to its University AI Accelerator Program
12. 12th December 2022 - BrainChip Joins Intel Foundry Services to Advance Neuromorphic AI at the Edge
13. 3rd January 2023 - Edge Impulse and BrainChip Partner to Further AI Development with Support for the Akida platform
14. 6th February 2023 - BrainChip Partners with AI Labs on Next-Generation Application Development
15. 27th February 2023 - BrainChip Partners with emotion3D to Improve Driver Safety and User Experience
16. 2nd March 2023 - BrainChip Expands Its Ecosystem with Teksun to Bring the Akida Processor to Next-Generation AIoT Devices
17. 11th April 2023 - BrainChip and Blue Ridge Envisioneering Collaborate on Next- Generation Tactical Edge Devices

I'm aware a lot of the above would have been a team effort including the likes of Rob Telson and Chris Stevens, but Sean's top priority upon appointment was to [rephrased] "prepare for the broad commercial launch of Akida silicon and intellectual property".

In addition to the above, I wonder how many of the podcasts guests that have come on since Sean's appointment have come from his strong network of top-tier global companies. Jean-Luc Chatelain (Accenture's [$183B company] Managing Director and Global Chief Technology Officer of Accenture Applied Intelligence) being at least one of them.

Long gone are the days where Brainchip turns up to CES with an unironed table cloth. The company has taken significant steps forward in its commercialisation efforts since the appointment of Sean.

Sean can't make the technology hit the market quicker, he relies on Anil, Peter and the rest of the team to get it to our customers to test. Timing of commercial deals is then out of everyones hands. I'm sure we're not far off deals landing, it is and has always been a matter of time and I believe that time is getting closer.

What Sean can do is get the company positioned well from a partnership and ecosystem perspective, to ensure smooth and fast uptake of our technology market wide in an ubiquitous manner. The above developments, in my opinion, confirm Sean has done a great job of positioning Brainchip in this regard.

There's more work to be done no doubt, but in my mind, Sean is doing a great job, irrespective of the share price, which will do what it'll do.

Cheers
SERA2g

When asked what keeps him awake at night he said it was NOT the technology. He has absolute faith in that as the 'muscle' of the business. He said whether they had the sales and marketing plan right kept him awake.
In any case we should know by year 2023 end whether its all falling into place revenue wise. The market being forward looking will likely react before year end.

 

[Fullmoonfever]

Only got one thing to say....

 

[Deleted member 118]

I intend delaying a vote until the 4c is released however if it is underwhelming we can expect more carnage, and for gaps to be filled in the 30's and potentially 20's. There's no way I'll be rewarding our management team with options and bonuses until that hockey stick chart is well on it's way and our commercial success is truly proven.

I for one wouldn’t be voting on the charts it’s like voting on your horoscopes.

 

[manny100]

Is it a chip or a product with Akida ip imbedded within it? Im more inclined to think it’s the latter.

Renases are in this case producing the chip for sale. They will be ready in the coming months.
Refer to the April'23 Investor presentation. There are 2 presentations. Can't remember which one.

 

[Deleted member 118]

I intend delaying a vote until the 4c is released however if it is underwhelming we can expect more carnage, and for gaps to be filled in the 30's and potentially 20's. There's no way I'll be rewarding our management team with options and bonuses until that hockey stick chart is well on its way and our commercial success is truly proven.

And I’ve just had a few seconds to digest what you just wrote and that such a downrampers response I’d expect from a shorter or day trader, or am I just getting super sensitive in my old age

 

[Cardpro]

Renases are in this case producing the chip for sale. They will be ready in the coming months.
Refer to the April'23 Investor presentation. There are 2 presentations. Can't remember which one.

I wonder how long others will take to come up with a product when it took Renesas around 2 - 3 years after signing the contract back in 2020...

If the EAPs are taking several years to make the decision to sign IP contract (when Renesas made that decision years ago), I wonder how long it will take for them to come up with a product...(if they ever sign)

 

[Makeme 2020]

I'm sure other people are working hard in real time, and maybe have taken a smaller wage for future benefit in the form of shares. They still have worked and should deserve payment.
Edit: It is a immediate cash flow saving for the company.

Yes probably true, but why won't management update loyal shareholders on there performance..

 

[Damo4]

No arguments here brother, just passionate discussion with sometimes differing opinion.

I personally have never said a bad thing about this company of which makes up 65% of my portfolio.

Enjoy your Friday

Hahaha not aimed you mate, just love gifs/memes

You too!

 

[Deleted member 118]

Yes probably true, but why won't management update loyal shareholders on there performance..

 

[Deleted member 118]

And why are some people waiting to vote until after the next 4C? is a few million in income going to really change your mind on giving the employees millions of shares? especially when you know the following quarter could be low again as Sean stated income could be a roller coaster journey.

 

[KiKi]

I have no idea what they did to deserve those shares on top of the salary... especially our non exec directors? I think they are already being paid high

And to say NO to all is the best way to express our dissatisfaction about the present situation and the lack of information. That should wake them up for a moment.

 

[zeeb0t]

Hi Zeeb0t. Thank you for looking at this again for us.

Obviously there are some issues with the recent implementation of the measures you have taken to safeguard this forum for all of us.
I realise that you have a lot on your plate and again wish to thank you for providing this forum for us all to enjoy and profit from.

I am glad to hear that it requires a minimum of 5 complaints before action is taken on any particular post but wonder if any weight or consideration is applied to the "likes", " hearts", "fire" emoji's that are also bestowed upon said posts?
Surely these "votes" have a similar value as clicking the "report" icon?

Perhaps we are mature enough here to contemplate the incorporation of a thumbs down icon whereby it is possible to show public displeasure at any particular post or sentiment expressed. At the moment the closest we can go towards that is to express sadness.

I think we are close to a satisfactory solution that may just involve a little detuning of the hair trigger and desensitisation of the application of what is currently being condemned as profanity, personal abuse, baiting and flaming and interpretations of what is confrontational and aggressive behaviour. In the posts where I have been accused of such things I have been flabbergasted at these reactions.
Much is seeming to be banned on these lines when in fact the intent behind their use was humour, sarcasm or irony as a way of making a point.
Without these subtle tools it can all become too dry and brittle.

I am glad to see that you are open and aware of the potentialities of throwing out the baby with the bathwater.

Thank you again Zeeb0t.
We are grateful to you for creating this safe place for us all and appreciate your efforts in allowing it to evolve, incorporating the feedback of its users.

Let's just see how it goes with this latest change. If I need to incorporate 'positive' indications I will. However, your idea is just as easily gamed because they can upvote the posts to keep the reports at bay... see?

I won't disclose my calculations behind community reputation it requires to allow people to vote.