BRN Discussion Ongoing

[wilzy123]

Lol
"Sean stated that customers weren't buying our product because other products were good enough and we are rushing to develop 2.0 to save the company in my opinion".

This statement is my favourite miss.

The current range of products don't require akida. This doesn't mean that akida is obsolete or anything like that it means that akida is early and the products in the market don't need such a processor YET.

Also 100 agreements a year? Seriously mate come out of the clouds ffs

Definitely smoking something

 

[AusEire]

It's based on figures provided by management!

Based on figures provided by management? Where have they provided these figures?

 

[Getupthere]

We were all holding on the view that revenue was coming late last year from renesas.

only to find out in December that renesas was only now about to tape out early this year.

I would love to know how the shorters knew about no revenue coming months before we share holders knew.

The shorts started increasing way before any of us share holders knew that renesas had not even taped out.

I smell a rat

 

[robsmark]

It's based on figures provided by management!

You‘ve completely ignored ongoing royalties, this is the meaningful revenue, not the initial licensing cost.

 

[AusEire]

Well, I have to say I’m pretty bl@@dy disappointed with the way we are progressing. Lots of positive chatter on these threads but the reality is we are sub 35 cents and will likely continue to fall. Imo the next 4c will be another disaster so sub 20 cents before September is a possibility imo. I hate to think where we could be in 12 months… 🫣

Come on Sean…prove me wrong!

Anyway, now I got that off my chest, have a great weekend all!

5 shares for $1 ooooohhh baby That would be nice!
Wishful thinking but you never know!

 

[AusEire]

Report report report report

Please do

 

[Papacass]

Akida 1.0 was the first proven in silicon neuromorphic chip displaying SNN. Down the track this momentous breakthrough will be seen as the origin of BRNs commercial success. Akida 1.0 is definitely not a failure. The only failure is not being able to see the forest for the trees.

 

[alwaysgreen]

Based on figures provided by management? Where have they provided these figures?

Dyor

I've been questioned on here about the explosive sales comment and I dug it up. Same with the comments Sean made about growth outpacing costs. Take a look for yourself.

 

[Pappagallo]

We were all holding on the view that revenue was coming late last year from renesas.

only to find out in December that renesas was only now about to tape out early this year.

I would love to know how the shorters knew about no revenue coming months before we share holders knew.

The shorts started increasing way before any of us share holders knew that renesas had not even taped out.

I smell a rat

Who thought this? I certainly didn’t. What made you think Renesas revenue was coming last year?

 

[alwaysgreen]

You‘ve completely ignored ongoing royalties, this is the meaningful revenue, not the initial licensing cost.

Not at all. Sean stated royalties would be 3-5 times the license fee.

 

[AusEire]

Dyor

I've been questioned on here about the explosive sales comment and I dug it up. Same with the comments Sean made about growth outpacing costs. Take a look for yourself.

Show me the figures that were provided by the company to back up your claim. It's not my job to back up your statement

 

[wilzy123]

Show me the figures that were provided by the company to back up your claim. It's not my job to back up your statement

Some want it all handed to them on a spoon lol. Alwayslol.

 

[AusEire]

Job? Lol. Not my job to please you buddy.

The figures don't exist that's why you can't or won't provide them. You're full of it. Toodle-oo Mr Alwaysvictim

 

[Getupthere]

Who thought this? I certainly didn’t. What made you think Renesas revenue was coming last year?

We were told revenue was coming late last year.

They only possible way of getting revenue was through renesas, then we find out that they haven’t even taped out yet.

 

[Deleted member 118]

Sean stated that customers weren't buying our product because other products were good enough and we are rushing to develop 2.0 to save the company in my opinion.

We've barely sold 2 licenses when realistically we need to sell 100 a year to be the hugely successful company we all hope for. If that's not a commercial failure, I don't know what is.

The current share price is reflecting this sentiment amongst investors.

It’s so hard for customers to take the leap
and change, because they have used and trusted the same supplier for many years, so why change, eventually they will, but when is the big question.

 

[wilzy123]

We were told revenue was coming late last year.

They only possible way of getting revenue was through renesas, then we find out that they haven’t even taped out yet.

What on earth are you talking about lol. Do you even understand what you are saying?

 

[Pappagallo]

We were told revenue was coming late last year.

They only possible way of getting revenue was through renesas, then we find out that they haven’t even taped out yet.

Or selling licences, which did happen via MegaChips in the middle of the year.

It’s clear that things are happening slower than expected but it’s a very big jump to suggest that we’ve been intentionally deceived and that there’s a mole feeding info to short sellers.