BRN Discussion Ongoing

HopalongPetrovski

I'm Spartacus!
AGM

Your board and CEO are doing a great job...........................................Our board and CEO are doing a great job.
You don't need to see any ASX announcements................................We don't need to see any ASX announcements.
You must reward the board with share placements..........................We must reward the board with share placements.
Nothing to see here, move on....................................................................Nothing to see here, let's move on.
Yeah, let's move on and start generating huge revenues which will, in time, be reflected by the share price and eventually dividends to share holders!
Or, we could get distracted and bogged down in court cases, undermine our boards and managers credibility, slow down and disincentivize our staff and potentially add more years before we become solvent, ubiquitous and an industry standard.
Let's move forward, before the behemoths catch up.
If you want to examine entrails, buy a goat.
Don't cut off your nose to spite your face!
Who gains from that?
 
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Vladsblood

Regular
Yeah, let's move on and start generating huge revenues which will, in time, be reflected by the share price and eventually dividends to share holders!
Or, we could get distracted and bogged down in court cases, undermine our boards and managers credibility, slow down and disincentive our staff and potentially add more years before we become solvent, ubiquitous and an industry standard.
Let's move forward, before the behemoths catch up.
If you want to examine entrails, buy a goat.
Here's hoping they address the SP manipulation this AGM to settle nerves for some. Also hoping for a left fielder about moving forwards on Nasdaq Full Listing too! Late 2024 fourth quarter would suit fine to start off 2025 with a bang "THE BIG BANG!" IMO.
Our Board being near all Yankees i'm sure they know the huge benefits of being on Nasdaq. Cheers to all us lucky holders , Vlad.
 
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D

Deleted member 118

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Here's hoping they address the SP manipulation this AGM to settle nerves for some. Also hoping for a left fielder about moving forwards on Nasdaq Full Listing too! Late 2024 fourth quarter would suit fine to start off 2025 with a bang "THE BIG BANG!" IMO.
Our Board being near all Yankees i'm sure they know the huge benefits of being on Nasdaq. Cheers to all us lucky holders , Vlad.
 
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HopalongPetrovski

I'm Spartacus!
I don't really think there is much if anything the Board or management can do about share price manipulation.
It will no doubt continue as long as the mechanisms favour its proponents.
Even companies with the size and heft of Tesla and Apple are regularly targeted.

Some will say we need to disclose more via ASX announcements but they are doing what they consider best in this regard and have been consistent for some time now.
They are not trumpeting fluff, as many Companies do, providing sugar hits for traders to profit from, but are building and protecting our corporate reputation, with an eye to our wannabe associates who demand and respect both discretion and probity.

Nor do I hold out much promise in direct legal action.
At least not until a precedent has been established by a local governing authority.

In essence, the shorting and other manipulative behaviour is beyond the scope of any single business to deal with and will only be answered by appropriate sanctions exacted by/or on, a governing body.
 
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Damo4

Regular
I don't really think there is much if anything the Board or management can do about share price manipulation.
It will no doubt continue as long as the mechanisms favour its proponents.
Even companies with the size and heft of Tesla and Apple are regularly targeted.

Some will say we need to disclose more via ASX announcements but they are doing what they consider best in this regard and have been consistent for some time now.
They are not trumpeting fluff, as many Companies do, providing sugar hits for traders to profit from, but are building and protecting our corporate reputation, with an eye to our wannabe associates who demand and respect both discretion and probity.

Nor do I hold out much promise in direct legal action.
At least not until a precedent has been established by a local governing authority.

In essence, the shorting and other manipulative behaviour is beyond the scope of any single business to deal with and will only be answered by appropriate sanctions exacted by/or on, a governing body.

I think Manny mentioned it in the other thread, the insto's really just duck and weave with technical analysis.
If you strip away the news (because keeping up to date is cumbersome, even with AI) and just look at technical analysis we are only just beginning to look like turning things around.
These guys don't concern themselves with press releases and tweets etc, they just wait for flags and open and close positions.

I don't personally believe any one group is responsible for manipulating a stock with this kind of volume and volatility.
They may be capable, but when they can either go long or short on a whim and not fight the market, why would they bother trying to move it in a particular direction.
Not to mention even if you think you are a whale, there's probably a bigger whale capable of destroying you in seconds.
 
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HopalongPetrovski

I'm Spartacus!
I think Manny mentioned it in the other thread, the insto's really just duck and weave with technical analysis.
If you strip away the news (because keeping up to date is cumbersome, even with AI) and just look at technical analysis we are only just beginning to look like turning things around.
These guys don't concern themselves with press releases and tweets etc, they just wait for flags and open and close positions.

I don't personally believe any one group is responsible for manipulating a stock with this kind of volume and volatility.
They may be capable, but when they can either go long or short on a whim and not fight the market, why would they bother trying to move it in a particular direction.
Not to mention even if you think you are a whale, there's probably a bigger whale capable of destroying you in seconds.
I'm gonna call you Ishmael from now on. 🤣🐳🐋
 
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Shadow59

Regular
Made it down to Gosford today. Will be in Sydney for the AGM. Does anyone know if you have to pre register your attendance, or can I just rock up?
 
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Damo4

Regular
I'm gonna call you Ishmael from now on. 🤣🐳🐋

Forgiveness plz
Me RN:
Whoosh Woosh GIF - Whoosh Woosh Star - Discover & Share GIFs
 
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McHale

Regular
"We keep making progress. Step by step."

This comment says it all, based on this mornings early news, I can't say whom I'm quoting, but believe me when I say it's genuine.

The current building blocks that are being placed at our foundations are more representative of where we are currently, not where we
were 3 or more years ago, there's solid and then there's solid !!

The key personnel all know that we Aussie shareholders appreciate their individual efforts, and sometimes that's what it comes down to,
being able to relate to an individual on a one-on-one basis within any given company, in this situation I'm referring to Rob, his sideways
movement within the company's leadership group was a masterstroke, meaning, having your key personnel in the best position to advance
the company, whereby they are comfortable in the role they have been gifted.

On another note, has anyone ever raised the point that maybe Manny didn't wish to leave his role as Chair, and was actually asked to stand
aside to make way for Antonio? just thought I'd put that out there. I have decided to vote NO.

Like for like I'd accept, but not the current proposal, I know voting is a private thing for many, but I have always been a free spirit, and don't
really care if you know my personal position, I'll always stand by my convictions.

Have a nice evening or sleep or breakfast, whatever the case may be.....my regards.....Tech

@TECH, If you read the AGM notes you will see that the lapsed options were initially granted to Manny 7 July 2017, these options then lapsed/expired 1st March 2022. All options have an expiry date

See page 26 of 2023 Notice of AGM for further info if you want the detail that has been provided to us, however, it should be kept in mind that Manny Hernandez had close to 5 years to exercise these options.

In a previous post I mentioned that tax law in US is quite different to Oz tax law, so if Manny had exercised his options they would have then vested into FPO's (fully paid ordinaries) which under US tax law could have involved an immediate tax liability (even if he didn't sell his vested shares).

Regardless Manny had plenty of time to make a plan, and if he really wanted to exercise the options he should have had a plan, around his options, but this ass his prerogative or responsibility (not BRN's). Importantly (but not mentioned in info provided by BRN) he would have also had the ability to speak/contact with the company Secretary who would have been able to advise him that shareholder approval would need to be had with regard to making changes to the date of options expiry, or some such.

Be clear any reasonably well informed company secretary would have been able to furnish the needed info very readily, their brief
requires a reasonable understanding of company law, it's not rocket science. I have been a company secretary so have some small understanding of the subject matter.

So for me the story we are being given is too short on some important detail, or IMO it doesn't stand up, we are being told it is in the best interests of all parties, I don't buy it. Manny simply had to pay $0.12 to exercise them, but now the company is not issuing him options, but rather giving him free shares, go figure. I don't like being treated this way - and it wouldn't matter who it was.
 
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The Pope

Regular
Made it down to Gosford today. Will be in Sydney for the AGM. Does anyone know if you have to pre register your attendance, or can I just rock up?
Just rock up and Sean or Peter will escort you to your seat.
 
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S

Straw

Guest
Made it down to Gosford today. Will be in Sydney for the AGM. Does anyone know if you have to pre register your attendance, or can I just rock up?
I'd suggest having some form of identification/voting letter.
 
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Foxdog

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Shadow59

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mrgds

Regular
Some shenanigans this afternoon.

View attachment 36701
Yes, F#CK*NG DISGRACEFUL how this continues !!!!!!!
BUT, to my untrained, tin-foiled hat opinion, ...................... its all about ACCUMULATION !!!!!!

HOLD STRONG IMO

AKIDO BALLISTO
 
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Dhm

Regular
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chapman89

Founding Member
Just a reminder what Sean has on his LinkedIn profile.
Remember, he is a Silicon Valley board member and has worked for some of the largest companies.
He wouldn’t say this so publicly if he couldn’t see this happening or even close to it.
They know what’s up!

PATIENCE.
IMG_2128.jpeg
 
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RobjHunt

Regular
Yes, F#CK*NG DISGRACEFUL how this continues !!!!!!!
BUT, to my untrained, tin-foiled hat opinion, ...................... its all about ACCUMULATION !!!!!!

HOLD STRONG IMO

AKIDO BALLISTO
I certainly agree. However they failed with their best efforts to keep our little Nipper down 😉

Pantene Peeps!
 
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manny100

Regular
Just a reminder what Sean has on his LinkedIn profile.
Remember, he is a Silicon Valley board member and has worked for some of the largest companies.
He wouldn’t say this so publicly if he couldn’t see this happening or even close to it.
They know what’s up!

PATIENCE.
View attachment 36713
Good post. If you posted it on HC you would be promptly shat on from a great height and instantly reported for upsetting serial downrampers.
 
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Getupthere

Regular
What’s the Tesla Chat GTP moment???

This year or maybe next year.

 
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Tothemoon24

Top 20
Nothing concrete here to link Brainchip ;
Can’t help to think that we will be playing a hand in the evolution of drones & their use cases within the telecom industry.





14th March 2023
FEATURE

ATM Magazine had the opportunity to attend Mobile World Congress 2023 and the amount of discussion around this topic was more than could have been imagined before the event. The topic of drones and urban air mobility (UAM) is crossing many segments of the telecom industry. High altitude solutions are also foreseen to play a key role in telecommunications in the future.

The predictions for drones and UAM to scale are huge, but to make these figures a reality it’s necessary to fly beyond visual line-of-sight (BVLOS) and for that to happen telecoms are needed. Or more specifically their networks. Reliable communications are a must to achieve the market goals.

Telecoms across Europe are getting involved in offering connectivity to this market. This includes the likes of Vodafone, BT, Orange, Telefonica, Telekom, Swisscom, A1 and more. Some of these organisations will offer more than connectivity services, such as drone inspection services or public safety support with internal drone fleets. For the purposes of this article the focus is purely on connectivity.

Where things really got interesting is looking at the activities in South Korea. SK Telecom is partnering with Joby Aviation to commercialise UAM services. During the show there was a life-sized eVTOL simulator in the stand that allowed for attendees to take a virtual flight. The company is planning to launch an air taxi service in the future. The goal here goes far beyond simply providing connectivity. Although SK Telecom was the only Korean provider showcasing this topic at the show – KT and LG Uplus are also working on launching air taxi services and providing the UAM traffic management functionality.

Where’s the 5G (or 6G)?

Traditional mobile networks are configured to support communications on the ground, not up in the air. Which opens the discussion regarding new testing solutions to identify gaps in the 5G network that could impact communications when drones or UAM are flying. Testing solutions to alert mobile network operators of potential gaps in their networks also came into play at the show. Some of the companies supporting this requirement at the show are carrying over telecom testing solutions from their wider portfolio - Infovista specific to the ESN network in the UK for emergency air ambulances and Rohde & Schwarz.

Dimetor specialises in this topic with. It's AirborneRF message is clear, “you can’t do BVLOS without cellular, you can’t implement U-space without connectivity”. Working in the Aerial Connectivity Joint Activity (ACJA) of the Global UTM Association (GUTMA), they already have commercially deployed solutions helping telecoms identify network gaps in order to resolve.

But what if there’s no 5G or it proves too costly or difficult for telecoms to support deployment? High altitude solutions to the rescue. The High Altitude Platform Station (HAPS) Alliance was established in 2020 and has more than 60 members including players across the telecom and aviation industry. Executive members are Airbus, HAPS Mobile, Intelsat and Nokia. The alliance has three areas of focus with its working groups:

  • Telecoms: lobbying the ITU to allow them to act as their own telecom if desired
  • Aviation: working with EASA and CAAs for type certification of the flying vehicle
  • Marketing: increase market education and awareness and get individuals comfortable with the concept.
HAPS can be used to provide connectivity in rural locations, support disaster recovery communications, maritime locations or event capacity communications that might overload the current network. They can also provide point-to-point and point-to-multipoint connectivity for industrial applications such as mining, gas and agriculture. An interesting topic is how does this fit with controlled airspace management. Although HAPS travel at about 75,000 ft, they still need to traverse controlled airspace for take-off and landing. Although, their last flight lasted 64 days! So likely not a high amount of traffic today, but a very different type of traffic to address.

Another organisation which shared their solution with ATM was Stratospheric Platforms, who are a hydrogen high altitude solution. A startup currently at Series B with Deutsche Telekom as an investor, is working with DFS, NATS and CAA already to resolve the topic raised in the last paragraph. How to take off and land amongst commercial traffic. The business model is a little different here as their goal is to be ‘towers in the sky’ for telecoms. If you think about the towers you see on a daily basis to connect your mobile devices, this is a similar concept, but in the sky. Pretty cool.

Security

We can’t consider safety-critical communications without addressing cybersecurity. Trend Micro, a very familiar name in the telecom world, is looking to secure any vehicle or drone under the umbrella of its IoT security solutions. Think of a drone as a flying IoT device. Their solution manages the SIM device onboard providing the connection to determine if it is where it should be and ensure that bad actors are denied access.

Other options

Tupaia launched in 2020 focused on automotive solutions and has now expanded to offer GPS tracking for drones that can help to enable Remote ID, an important component of BVLOS. One of the key attributes of their solution is the accuracy for ensuring that a drone is landing where is should be and not a few centimetres off the target. Their cloud-based solution would require software with a sensor on the drone and they currently are speaking with drone manufacturers.

This article is just a high-level brush of all of the drone related topics circling in the world of telecom. One thing that was obvious is these two worlds need each other and will come closer and closer over the next few years. Especially with UAM becoming a reality.
 
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