How and why do you have the faith in the management when we have almost no new source of revenue for multiple years and our main tech still not being implemented in any marketed product.
Day by day, I am losing faith both in the product & management.
I even question the company's definition of "partnership" or being "in a relationship/EAP."
To date, none of these partnerships/EAPs have yielded any tangible results or committed a substantial financial investment to back their words. Ford, Mercedes, Valeo... it's been years without any concrete contracts materializing.
For one of the recently announced partnership with ANT81, when someone from this forum has reached out to them asking about Akida Gen 2, they said they gotta test out the first gen first (or something along this line)... like.. at what stage do they start relationship as "partnership"? Another one was with Vorago where someone from fb group reached out to their employees and they said they didnt proceed due to lack of funding (or something along this line)..
Even before Akida, we've been speculating potential links with many majorcompanies like Amazon, Google, Samsung, SK, Qualcomm, etc., but none has been confirmed to use our tech in their products at all...
Although we have joined ecosystems of ARM, SiFive, Intel Foundary, etc. There are other big players and multiple start up companies in their long list of partners...
I truely hope that one day, I'll hear from everyone here, "I told you it would come back, we were right!"... Despite the doubts some may have about my constant complaining (and multiple accusations of having some sort of an agenda), I am committed to hold forever... I plan to observe how this situation unfolds, whether it leads to a complete loss or an early retirement opportunity.
Oh ye of little faith! Let's take a deeper look at what you are saying Cardpro.
"... we have almost no new source of revenue for multiple years ..."
I believe this statement is blatantly wrong. The company has been regularly informing us to new and existing relationships that will provide new sources of revenue. What you mean is, that you expect revenue to occur immediately when an announcement is made. Unfortunately that is not how a product like ours works. You should be aware that there is a lead in time for our technology to go into retail products of about 4 years. We have little control over this time frame, or when the products are released. If you want instant revenue, you have invested in the wrong company.
“… our main tech is still not being implemented in an marketed product.” Once again see above plus you do not know this. There could be products being marketed with our technology in it right now. What you mean is that you have not seen any substantial revenue yet. There will always be a time lag. Get used to it.
“I even question the company’s definition of "partnership" or being "in a relationship/EAP."
What is the company’s definition of these terms? What do you think would be a better definition?
“To date, none of these partnerships/EAPs have yielded any tangible results or committed a substantial financial investment to back their words.”
I’m sorry? Why would you think this? I would suggest that your statement is substantially wrong. I would be almost certain that many large corporations have been making substantial investments in developing and implementing our technology into their future products and have been reporting tangible improvements in the performance of their products as a result. What evidence do you have to support your unbelievable contrary view?
“… it's been years without any concrete contracts materialising.”
Once again Cardpro, why would you make this statement? How do you know this? You are well aware that virtually all our partners and customers are subject to NDAs (non-disclosure agreements). These are in place for very good commercial reasons. So what you really mean is that
you have not seen these contacts. Well really! That IS the point of an NDA.
You have pointed out what you believe to be some weak or early relationships with some companies. Well yes. There will always be a range of relationships between different partners and customers. But I’m sure that equally there are also numerous very strong relationships that are proceeding with enthusiasm and conviction. We have certainly seen evidence of this, or are you only picking out examples that support your negative narrative?
You have mentioned about speculation regarding relationships with some major corporations … that have not been confirmed to use our tech in their products. Well really. That is SPECULATION so why would you think that they would be confirming that they use our tech in their products? What you need to focus on is the 41 companies or organisations that Brainchip have confirmed they are working with (see @FactFinder list). Why would you be concerned with speculation?
I do not understand you Cardpro. You have stated that you are “committed to hold forever”. If you have so many (unfounded) doubts. Why would you not just sell out and move on?
Cheers, Deena
www.vvdntech.com
