BRN Discussion Ongoing

[cosors]

A few massively annoying troll / wet hanky characters just got the boot for good.

For anyone else who was playing the part of the petulant child: Grow up. Also, try and get some sunshine this long weekend. Staring at a screen and non-moving stock price screener all weekend isn't going to recover the SP. Enjoy your life and get some sense between your ears.

That's all, thanks.

Thanks!

 

[IloveLamp]

Accelerated AI Inferencing for Space Applications with new AMD Versal AI Edge Adaptive SoC

AMD is extending its leadership in radiation-tolerant, space-grade adaptive compute solutions with the announcement of the Versal™ AI Edge XQRVE2302, the second device in the Versal adaptive SoC portfolio to be qualified for space flight. The XQRVE2302 is the first time we’ve offered an adaptive...

bit.ly

 

[Bravo]

Once there was a time of too high flying, now is a time of too deep diving.
Would be great to come back to the essentials, doing some serious research and realistic assessments without emotions.
As we are in here with money, it seems to be the best we can do.

Great suggestion! Let’s see some “serious research” from you then!

 

[DK6161]

He says this like it's going to be some victory for the shareholders. It's really bizarre.

As the old saying goes. Be careful what you wish for.

Agree. I wouldn't go as far as kicking management out. I think they have achieved a lot, but they need to learn to be realistic with what they are promising shareholders.

 

[Esq.111]

Morning Chippers ,

Little article on new walki talki.

She's Hot .... dam hot, apparently.

Regards,
Esq.

 

[Vladsblood]

Hoping we get an update from BD’s sooner rather than later…This coming week would be great.
Brainchip is so far under valued it’s a screaming BUY atm. Won’t take too long for it to become a 20..30…40…Plus bagger once it’s IP is shown to really work in products on market. Vlad

 

[Kozikan]

There’s easy ways a round that..

“top holders would 100% block…”

Price gets bled down whilst “unrelated parties” continue to sell to each other increasing their ownership.. It wouldn’t be that hard to accumulate over several years a controlling interest that can vote out majority holders like PVDM and Anil.and others if they “don’t play ball”.. The price has come down around 90%.. Easy sell to vote out underperformance on executive BOD’s if they don’t “play ball” so to speak..

Once they control the vote, they then can manipulate what any large holder does.. It’s fairly well recognised that this sort of behaviour occurs constantly in business to funnel money and power to where the controlling elite want it to go..

Who you know and who benefits is more important than who has the ideas and has done all the groundwork..

Yes these practices are known. There’s always that possibility.
I think you maybe underestimating the IQ of the BRN founders and BOD
Granted
The market has no friends when $ and control are at stake.

As always
Time will tell with both SP and control

 

[Onboard21]

I emailed Investor Relations yesterday at Brainchip to enquire about the Akida 2000 announcement as they did previously insinuate it would be by the end of the third quarter.

Rob Telson replied and said, Tony Dawe is on vacation and that they do not comment on when announcements will be released.

Hopefully, when he returns we may get an announcement.

 

[AusEire]

Morning Chippers ,

Little article on new walki talki.

She's Hot .... dam hot, apparently.

Regards,
Esq.

Sounds very power hungry

 

[Sam]

I reckon you should start a wall of shame and name the booted members.

Yeah, because that’s productive

 

[Boab]

Morning Chippers ,

Little article on new walki talki.

She's Hot .... dam hot, apparently.

Regards,
Esq.

Similar article in The Aus with the headline of
"The heat is on for Apple as new phone hits 50c while playing games"

 

[DingoBorat]

There was a reference at the AGM to being obligated to do one more LDA put option prior to the end of this calendar year. I can’t remember a number being put on it though.

The obligation is for the 15 million AUD, it could have been completed earlier this year, but the trading in the shares went below the Company's set lower limit.

This is from the March 4C and quarterly results.

"In January 2023, BrainChip submitted a capital call notice to LDA Capital Limited and LDA Capital LLC (“LDA Capital”) to subscribe for up to 30,000,000 shares with an option for LDA Capital to subscribe up to an additional 10,000,000 shares subject to the approval of BrainChip. Subsequent to the quarter end, A$12,232,543 was received from LDA Capital upon the issue of 20,756,540 shares. Funds raised through this capital call notice will be deployed to strengthen the Company’s global sales capabilities and engineering support team ahead of the release of Akida 2.0 later this year" Which is now!

 

[robsmark]

I emailed Investor Relations yesterday at Brainchip to enquire about the Akida 2000 announcement as they did previously insinuate it would be by the end of the third quarter.

Rob Telson replied and said, Tony Dawe is on vacation and that they do not comment on when announcements will be released.

Hopefully, when he returns we may get an announcement.

I’m going to make one comment on this; When the CEO states in a report that X will be announced/released on Y date, it must be.

When the investor relations manager states by email to a shareholder that an announcement will be made about X product on X date, it must be.

Management don’t have a lot going for themselves at the moment, and perhaps much of that is out of their control. But the ability to meet a self imposed deadline is something which in my eyes, they do. They need to do better here and show some accountability. Not doing what you say you’re going to do, when you say you’re going to do it is a great way to lose shareholder confidence.

Anyway, moving on…

 

[Esq.111]

I emailed Investor Relations yesterday at Brainchip to enquire about the Akida 2000 announcement as they did previously insinuate it would be by the end of the third quarter.

Rob Telson replied and said, Tony Dawe is on vacation and that they do not comment on when announcements will be released.

Hopefully, when he returns we may get an announcement.

Afternoon Onboard21 ,

If this is true , thay have just cemented my vote at the next AGM.

Regards,
Esq.

 

[Salad1]

I emailed Investor Relations yesterday at Brainchip to enquire about the Akida 2000 announcement as they did previously insinuate it would be by the end of the third quarter.

Rob Telson replied and said, Tony Dawe is on vacation and that they do not comment on when announcements will be released.

Hopefully, when he returns we may get an announcement.

Funny that I would of prefered that during the podcasts Rob didn't throw us nuggets that turned out to be fools gold.......

 

[TECH]

I’m going to make one comment on this; When the CEO states in a report that X will be announced/released on Y date, it must be.

When the investor relations manager states by email to a shareholder that an announcement will be made about X product on X date, it must be.

Management don’t have a lot going for themselves at the moment, and perhaps much of that is out of their control. But the ability to meet a self imposed deadline is something which in my eyes, they do. They need to do better here and show some accountability. Not doing what you say you’re going to do, when you say you’re going to do it is a great way to lose shareholder confidence.

Anyway, moving on…

I do agree with your views, but I would like to add another dynamic, maybe just maybe two things are or were at play this week, the ASX didn't accept the way the company's planned announcement was presented or there is a material aspect to the announcement/s that wasn't accepted in the way it was presented for release, personally I'm happy with my earlier view of something within the first 2 weeks of October, time shall tell.

The company could be erring on the side of caution as AKD 2.0 wasn't quite ready for release, and that's a mature and responsible approach also.

Go Brisbane Regards...Tech

 

[robsmark]

I do agree with your views, but I would like to add another dynamic, maybe just maybe two things are or were at play this week, the ASX didn't accept the way the company's planned announcement was presented or there is a material aspect to the announcement/s that wasn't accepted in the way it was presented for release, personally I'm happy with my earlier view of something within the first 2 weeks of October, time shall tell.

The company could be erring on the side of caution as AKD 2.0 wasn't quite ready for release, and that's a mature and responsible approach also.

Go Brisbane Regards...Tech

Hey Tech,

The company should have made a contingency for this then and released the announcement earlier in the week. This way the creases could’ve been ironed out and the announcement would’ve been released as promised.

There’s no excuses here. If I don’t meet a deadline at work I’m held to account by the VP. In this instance I’m the boss and they’ve missed a deadline. I’m saying it’s unacceptable and I’d like to know why.

Anyway, I’ve said my piece. Onwards and upwards, let’s see what next week brings.

 

[DingoBorat]

Morning Chippers ,

Little article on new walki talki.

She's Hot .... dam hot, apparently.

Regards,
Esq.

Well no AKIDA in that one..

Edge device manufacturers, who insist on using legacy technology, but try to deliver the increased performance that consumers demand, will be left out in the cold..

Maybe they can huddle around their overheating technological failures ..

The only way Apple will be able to "fix" that problem with software updates, will be to dumb it down.

But hey, that's just what I think..

 

[Xray1]

Hey Tech,

The company should have made a contingency for this then and released the announcement earlier in the week. This way the creases could’ve been ironed out and the announcement would’ve been released as promised.

There’s no excuses here. If I don’t meet a deadline at work I’m held to account by the VP. In this instance I’m the boss and they’ve missed a deadline. I’m saying it’s unacceptable and I’d like to know why.

Anyway, I’ve said my piece. Onwards and upwards, let’s see what next week brings.

Under the two-strikes rule, when more than 25 per cent of shareholders vote down two annual remuneration reports in a row, it triggers a vote on a board spill that could result in the company's entire board of directors facing re-election.

 

[robsmark]

Under the two-strikes rule, when more than 25 per cent of shareholders vote down two annual remuneration reports in a row, it triggers a vote on a board spill that could result in the company's entire board of directors facing re-election.

Probably not what we want to be honest. That would just give shorters further ammunition. Though arguably there are a couple of members that could do with the flick for adding no value.

I have met Antonio (and a couple of other BM personally), and I’m comfortable with him leading our board. Well spoken, knowledgeable, and very experienced with this type of business at this stage of its life.

Let’s just hope that the landscape is different by the next AGM and shareholders are happy with what the company has delivered.

They’re publicly stating that AKD2000 is a game changer for us so in my eyes we should see some contracts before then. The EAP have apparently had this chip for some months, and AKD2000 was in itself a baby of forged from customer directive. With this in mind I see no reason why the company can’t get these contracts across the line. I would also expect our two existing contract to deliver fruit soon, and I’m particularly interested in the Valeo LiDAR system piece. I believe we could be involved and with $Billions in preorders we should get a slice.

This next 12 months are make or break in my eyes, let’s see what they can produce, hopefully without any unnecessary restructures.