wilzy123
Founding Member
This is a great analysis, Such greatI think some people blaming negative posts for lower share price are stupid... lol
Howcome all the upramps are not driving the share price up??

This is a great analysis, Such greatI think some people blaming negative posts for lower share price are stupid... lol
Howcome all the upramps are not driving the share price up??
Don't feel bad, my ave buy in is in the .90sSame here, they let me buy more, and I thought that I had my quota, so as old saying goes,
(Never look a gift horse in the mouth), so I brought as many as they let me @.62 on the 09/02![]()
I have concluded my discussions and am able to confirm that my statement of the facts surrounding this agreement are correct.
I can also add that the former Chairperson in addition to waiving his entitlement to additional director fees after stepping in when Stephen Wilkes suddenly resigned as Chairperson also after the LDA Capital agreement was secured and the companies finances were stabilised declined a Board offer to reimburse him the waived fees.
Further that he approached the company to extend saying that he was concerned that in the present market conditions that his sale of at least 4 million of his 8 million entitlement to meet his taxation obligations would have an adverse impact on shareholder and market confidence.
By not exercising and selling as he was entitled to do he has been placed in a less favourable tax position by agreeing to receive the 8 million RSU in lieu.
I have absolutely no issue with the decision of the company on this occasion and support the view expressed by many others that this is further evidence of the high ethical standards by which the Board and KMP carry out their obligations to the company, it’s employees and shareholders.
In addition I have read every post here and at HC on this issue and there is one truth that is conveniently being ignored by the usual suspects.
The truth which they are ignoring is that these options had VESTED. The former Chairperson was legally entitled to convert and sell the 8 million resulting shares on market.
This action proposed to shareholders will not cost Brainchip or its shareholders one additional cent.
If it is not clear from the forgoing I will be voting for this motion and if necessary will speak in its favour at the meeting whenever that might occur.
My opinion only DYOR
FF
AKIDA BALLISTA
I've noticed a lot of noise lately around Manny Hernandez's share granting. On the face of it it looks like he previously had to pay something for them, but now he's getting them for free. I'm not a legal expert so I see two options here:
1. Talk to the company about the concerns and relay the findings
2. Get a legal experts opinion on the matter
I'm surprised I haven't seen it mentioned here but only half a year ago a lawyer provided their view of this exact situation. They then spoke to management to verify anything they were unsure about and relayed the findings. Here are the relevant posts (I've posted a copy of the second one below, which summarises the findings):
Post 32807:
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Post 32842:
![]()
BRN Discussion Ongoing
Very cool find generously shared. I recommend reading the whole article to find the last line: “Finally, we cannot fail to mention that it will also be in charge of launching the new MB.OS operating system .ac” My opinion only DYOR FF AKIDA BALLISTA PS: The author emboldened the words in...thestockexchange.com.au
I think it's great when people are voicing valid concerns. However, please be aware that if you're not prepared to do any follow ups or a little bit of digging you may just be feeding the negative sentiment of the forum unnecessarily.
He hasn’t disappeared BVR. He is in some posters responses since leaving 1 April. I’m not pointing out which posts but FF has a certain style. All good as I appreciate FF still providing comments but it’s more on a casual basis.Agreed,
And you wonder why FF, F'd off
This forum seems to have lost its way.
He hasn’t disappeared BVR. He is in some posters responses since leaving 1 April. I’m not pointing out which posts but FF has a certain style. All good as I appreciate FF still providing comments but it’s more on a casual basis.
I do agree though the forum has changed in the past month or so but don’t know if it’s lost it’s way.
Thank you @FrangipaniGuten Abend @cassip,
I believe Alf Kuchenbuch is whom you are looking for?
https://www.xing.com/profile/Alf_Kuchenbuch (not yet updated re Brainchip)
I am afraid I can‘t access his contact details, though, as I am neither a LinkedIn nor a XING member myself, but maybe you have an account with either of them resp. know someone who does or another forum member can help?
Hi dingo,You're entitled to your own opinion Diogenese.
The reason I think it's a "buddy" deal, is because I think it's likely he didn't have a million dollars in free capital to exercise the options at the time.
How could him not exercising the options and giving the Company a million dollars, possibly be in the best interests of the Company, or its shareholders?
The reason of tax selling was given.
At no time in the Company’s past, has it given consideration, to what the selling of shares (LDN for example) would do to the share price.
It's just been a case of "Well that's the Market".
@MDhere, he will have to sell a hunk almost immediately, to cover his tax, for the same reasons as the Company was supposedly protecting us from, when the share price was much higher.
The argument that this is not dilution by the Company, because the options were already granted, is baseless, as they were granted on the basis of providing the Company, with a million dollars in funds. There was also no certainty that all options would be exercised, which is completely different from the granting of the RSUs.
Now they are just a gift.
@Cirat, the whole idea, that Emmanuel Hernandez has a claim against the Company, doesn't gel with me, when it was outside normal circumstances, for the treating of the options.
His "favor" to the Company of not exercising, simply does not make sense.
They are under ParasiteHey
I was just ơn BrainChip. Com
Looking through it went to partners
Names every body except one. It states that MegaChips is a partner but not Renesas
Any ideas??
Another blot on your infallibility escutcheon, your holiness.Hi dingo,
Ok, I’m going to call something out based on a previous response by FF earlier this year when he advised last time when he left TSE and mentioned to all that others posted on his behalf via private messages on TSE and did anyone notice. Well I did and confused as to why but happy for FF to post.
I would suggest while Dio may have posted the reply to you my gut feel is FF provided the post (maybe with some minor tweaks). FF has a distinct posting format styles, sentence structure and wording.
If I’m incorrect I will say 5 Hail Marys and have two tequila shots.
FF please just return to TSE and post at will.![]()
Do see the banner? It's on there.Hey
I was just ơn BrainChip. Com
Looking through it went to partners
Names every body except one. It states that MegaChips is a partner but not Renesas
Any ideas??
Does this mean the conference will be spoken in the German language?
View attachment 35038
My take on this would be that Renesas are not a development partner(IP licensee only?) hence not being listed on the website as a partner?Hey
I was just ơn BrainChip. Com
Looking through it went to partners
Names every body except one. It states that MegaChips is a partner but not Renesas
Any ideas??
I don't think we've got anything to worry about with positive comments surrounding the development of Akida 2nd Gen from Renesas and RealityAI a Renesas CoHey
I was just ơn BrainChip. Com
Looking through it went to partners
Names every body except one. It states that MegaChips is a partner but not Renesas
Any ideas??
I respect both their opinions, but that doesn't mean I would be persuaded to agree with their's or anyone else's, if it goes against what I can see as the truth, in my own mind (which can admittedly be a scary placeHi dingo,
Ok, I’m going to call something out based on a previous response by FF earlier this year when he advised last time when he left TSE and mentioned to all that others posted on his behalf via private messages on TSE and did anyone notice. Well I did and confused as to why but happy for FF to post.
I would suggest while Dio may have posted the reply to you my gut feel is FF provided the post (maybe with some minor tweaks). FF has a distinct posting format styles, sentence structure and wording.
If I’m incorrect I will say 5 Hail Marys and have two tequila shots.
FF please just return to TSE and post at will.![]()
Fact Finder, though an esteemed member of our group, though currently silent, to my understanding does not speak for, or on behalf of the company.Thanks for the succinct recap. Now if only the company via TD / SH could have mentioned that, rather than that inadequate summary devoid of detail, then there wouldn't have been any doubts. In any case I will abstain from voting as I am a foreign holder and it's too taxing to get my voice heard through the nominee firewall.