BRN Discussion Ongoing

[Foxdog]

He-he-he! Good one shareman @Foxdog!


A RESEARCH CHIP...


View attachment 34894

Oh and if Shareman has been shorting this stock then he's made a bucket load more from BRN than I have - up till now he has been on point......just saying. I hope that trend reverses soon.

All I am saying with my previous post is that commentary from industry participants puts IBM and Intel in front of BRN despite us having the only commercial chip. For me that's pretty frustrating.

 

[M_C]

 

[skutza]

Oh and if Shareman has been shorting this stock then he's made a bucket load more from BRN than I have - up till now he has been on point......just saying. I hope that trend reverses soon.

All I am saying with my previous post is that commentary from industry participants puts IBM and Intel in front of BRN despite us having the only commercial chip. For me that's pretty frustrating.

Hi Foxdog, the only on point I saw when I used to visit that shorters paradise was that our revenue is low. Other than that he just picks random information and hopes the uneducated get scared. Maybe he's got better? Dunno, but how could he because the only thing I've ever seen from any media (not from a forum) is that it either is amazing and everyone is wanting to partner with Brainchip or investment sites wanting to have their cake and eat it. Guarantee that those sites will say, "as we said previously BRN was a sell due to low revenue high MC, now their making good gains its a buy" and they'll start hand picking all the good stuff they should be doing now and once they've grabbed a ton, they'll tell their customers to buy this little Aussie start up that will change the world..... IMO of course.

 

[Foxdog]

Hi Foxdog, the only on point I saw when I used to visit that shorters paradise was that our revenue is low. Other than that he just picks random information and hopes the uneducated get scared. Maybe he's got better? Dunno, but how could he because the only thing I've ever seen from any media (not from a forum) is that it either is amazing and everyone is wanting to partner with Brainchip or investment sites wanting to have their cake and eat it. Guarantee that those sites will say, "as we said previously BRN was a sell due to low revenue high MC, now their making good gains its a buy" and they'll start hand picking all the good stuff they should be doing now and once they've grabbed a ton, they'll tell their customers to buy this little Aussie start up that will change the world..... IMO of course.

Yep I agree it's certainly difficult to separate the wheat from the chaff with this one.

 

[Tothemoon24]

@Foxdog =

 

[Rise from the ashes]

Carn at least take it to the banter thread.

 

[Glen]

ARM is reportedly building a chip to show off what its designs can do

ARM has reportedly tasked its newly formed “solutions engineering” team, led by former Qualcomm executive and Snapdragon designer Kevork Kechichian, with producing a semiconductor to showcase the capabilities of its products.

www-engadget-com.cdn.ampproject.org

 

[TheDrooben]

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Geez glad I am not a shareholder in Cactus Technologies........not the best name for a company!!!

 

[Sosimple]

I guess I'm not surprised by the vocal hand wringing recently (and early thumbs down voting) of executive and board compensation packages by a loud and vocal minority of shareholders here on the TSE. I presume that a falling stock price and lumpy modest revenue has not warmed some stockholders hearts with respect to pay for perfomance incentives and may be an understatement.

Your concerns seem perfectly reasonable because they represent your personal opinion on this matter. So, have at it and best of luck.

Now my own opinion of some comments with respect to the matters of incentives and compensation is that I originally invested in a small company with a most interesting and unique approach to edge processing, but I remain invested because of my faith in what I perceive to be a strong executive team and board of directors and a clear strategy to future profitability that is being pursued. If I have a problem with incentive or compensation packages I believe I should take it up with the renumeration committee, or the board, or even vote no as others have announced on TSE.

To that point a read of the Governance documents (Investor Relations / Governance / Documents) found on Brainchip website may inform you why the company operates as they do. In 14 pdf's .... it's all there.

That revenue and income results have been slow to materialize jibes reasonably well with two random observations made by partners in the past.

Observation example # 1
Nviso put a video out about a year or so ago where there were two people in the front seat - one driving a car and the other a passenger, both Nviso employees I believe, and one in the back who was asking questions and filming the trip who I don't believe was a company employee. They had Akida tech working on an Nvidia device demonstrating facial features recognition. At the end of this video one the the employees was heard to respond to a question from the guy in the back seat about when might they be producing such technology as an Nviso product and I think one of the employess said 2025.

Observation example # 2
Renee Haas the CEO of ARM Holdings made the rounds about a year + ago on the TV business shows and he clearly stated and I will paraphrase, that it takes about four years to get from product concept and design to actual products being produced and available.

One observation was from a small partner company, and the other from the CEO of a HUGE partner company. However, both timelines are close. That to me is significant.

These two examples help me to better understand the timelines involved in technology design and implementation. Further, because of such timeframe examples I am less exasperated with Brainchips lumpy revenue streams we are seeing and will likey see in the next quarterly report to be released soon which I fully expect my reaction to be a yawn.

Finally, I can't recall precisely what our CEO said at last years AGM but unless he specifically said he wanted to be judged on financial results or financial progress this past year then he has in fact overseen a growing company that has accomplished a lot. Those accomplishments are just not being reflected in an increasing stock price now because the market abhors a vaccuum of ever increasing revenue and income and as noted by Mr. Viana, the board chair, the stock will do what the stock does .... which we can all agree hasn't been pretty recently.

So, as the two observations above demonstrate I for one am seeing a 2024 / 2025 timeframe as being when Brainchips revenue "should" really grow.

If you made it this far.... thanks for listening. Regards, dippY

Above is my opinion only and lacks any semblence to investible advice which to act upon.

Thank you for your take on the situation and it's a valid one
I'm a firm believer in Brainchip technology and I have demonstrated that belief with making my investment almost eight years ago
I'm not at all educated in the world of technology or commerce and still work in disability services and currently as a cleaner in a hospital at age sixty four
I'm a little frustrated with the share price and I wonder why I could see the potential of the Brainchip technology eight years ago, yet, I'm expected to wait another three to four years to be rewarded while management are not expected to wait for an increase in remuneration
Have I got this wrong?

 

[Mugen74]

Thank you for your take on the situation and it's a valid one
I'm a firm believer in Brainchip technology and I have demonstrated that belief with making my investment almost eight years ago
I'm not at all educated in the world of technology or commerce and still work in disability services and currently as a cleaner in a hospital at age sixty four
I'm a little frustrated with the share price and I wonder why I could see the potential of the Brainchip technology eight years ago, yet, I'm expected to wait another three to four years to be rewarded while management are not expected to wait for an increase in remuneration
Have I got this wrong?

Short answer=yes.If you pay peanuts all you get is monkeys!

 

[Diogenese]

Thank you for your take on the situation and it's a valid one
I'm a firm believer in Brainchip technology and I have demonstrated that belief with making my investment almost eight years ago
I'm not at all educated in the world of technology or commerce and still work in disability services and currently as a cleaner in a hospital at age sixty four
I'm a little frustrated with the share price and I wonder why I could see the potential of the Brainchip technology eight years ago, yet, I'm expected to wait another three to four years to be rewarded while management are not expected to wait for an increase in remuneration
Have I got this wrong?

It's been a learning experience for the company too.

As you point out, the basic inventive concept has great potential, but the company has been on a steep learning curve. 8 years ago, the idea of a digital SNN was totally unknown to the market, so the market did not know what it needed a digital SNN to do. The product has gone through several iterations to meet the changing requirements of the market.

The company started with BrainChip Studio software for processing video streams.

Then it came up with BrainChip Accelerator, a chip which improved the efficiency of Studio.

After that, the concept of having a chip which could replicate the Studio functionality was born, along with the realization that the chip could be a multi-purpose SoC for classifying sensor outputs.

Add in ML and you have Akida 1, which itself was revamped after market testing. This was successfully field-tested by Mercedes, Prophesee, and nViso, and licensed to Renesas and MegaChips.

Then the concept of LSTM was seen as a significant upgrade, but the 2020 concept of transformers came to prominence shortly thereafter, giving rise to Akida2.

The company's engineers and programmers have been burning the candle at both ends for several years.

It is only in the last year or so that the new marketing structure was put in place, and we are now hopefully on the verge of bursting forth from the cake in our tassels and thongs.

 

[HopalongPetrovski]

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Having done decades of similar trade shows during my working life, nice to see the seasoned professionalism of Chris ditching the tie and in the comfy shoes ready for a caj but compelling chat to those interested parties seen again or for the first time, about the realities of life at the edge.
Bon chance lad’s and ladies.
Bring home the bacon and do us proud.

 

[jtardif999]

@dippY22, I want BrainChip to be as successful as every other shareholder, we all want the same thing.

But just a cut and paste from last years AGM - View attachment 34844

Im my opinion, when the CEO is taking about but being judged on results specifically around commercialisation, this means financial results to me.

It’s a subjective view though, commercial results can definitely mean financial results depending on where the company is at in the commercialising process. If the company has matured commercially with products in the market being sold en masse then revenue should be the expectation and financial results the focus, but not until this is the case. AIMO.

 

[Xray1]

Thank you for your take on the situation and it's a valid one
I'm a firm believer in Brainchip technology and I have demonstrated that belief with making my investment almost eight years ago
I'm not at all educated in the world of technology or commerce and still work in disability services and currently as a cleaner in a hospital at age sixty four
I'm a little frustrated with the share price and I wonder why I could see the potential of the Brainchip technology eight years ago, yet, I'm expected to wait another three to four years to be rewarded while management are not expected to wait for an increase in remuneration
Have I got this wrong?

IMO..... the reality and foregone conclusion is that the ~ Top 50 shareholders hold the deciding votes no matter what anyway ....... Accordingly, we some 40,000 plus shareholders, can only " send a signal " to the Co on what we actually think according to the way we individually vote on each resolution put forward.

 

[Space Cadet]

For me personally, there is nothing Sean can "say" to give me confidence. I'm afraid his words are hollow for me. I need cold hard evidence. Not EAPs, not potential clients under NDAs, not partnerships, but deals that are resulting in actual revenue. It's time for action not words in my opinion.

That is a strange comment. If you need those things, why did you buy shares without them? Just asking?

SC

 

[Sosimple]

Short answer=yes.If you pay peanuts all you get is monkeys!

I understand that, and I think that we have wonderful people in management
My point is, could they postpone the increase in their reward to align with increase in share value?
I'm simply communicating that I am spending the youth of my old age with my head in a hospital toilet while I wait for the commercialization of Brainchip technology to become ubiquitous
No I'll intent

 

[Diogenese]

It's been a learning experience for the company too.

As you point out, the basic inventive concept has great potential, but the company has been on a steep learning curve. 8 years ago, the idea of a digital SNN was totally unknown to the market, so the market did not know what it needed a digital SNN to do. The product has gone through several iterations to meet the changing requirements of the market.

The company started with BrainChip Studio software for processing video streams.

Then it came up with BrainChip Accelerator, a chip which improved the efficiency of Studio.

After that, the concept of having a chip which could replicate the Studio functionality was born, along with the realization that the chip could be a multi-purpose SoC for classifying sensor outputs.

Add in ML and you have Akida 1, which itself was revamped after market testing. This was successfully field-tested by Mercedes, Prophesee, and nViso, and licensed to Renesas and MegaChips.

Then the concept of LSTM was seen as a significant upgrade, but the 2020 concept of transformers came to prominence shortly thereafter, giving rise to Akida2.

The company's engineers and programmers have been burning the candle at both ends for several years.

It is only in the last year or so that the new marketing structure was put in place, and we are now hopefully on the verge of bursting forth from the cake in our tassels and thongs.

... or neat casual with suede shoes as @Straw would have it.