BRN Discussion Ongoing

[Damo4]

Get rid of the salesforce that came from ARM ( why would a sales person from a chip designer be able to sell MCU's to a sensor maker?)

Why would an IP salesman be able to sell IP you say?

 

[Bravo]

I'm not saying anything.

 

[rgupta]

Why would binding mean exclusive?

What will be binding then ?

 

[Mccabe84]

except we aren't in orbit are we. we're crashing to earth. we need to hear from PvdM now. We have akida 2. I suggest we stop further development until we get a client with a binding contract and/or investor. Recall the founders immediately. Get rid of the salesforce that came from ARM ( why would a sales person from a chip designer be able to sell MCU's to a sensor maker?) Obviously mistakes have been made, and the BoD need to rectify these. or get out of the way.

I don’t agree with a lot of this but I would like to hear from management about how things are progressing for the company… an update would be nice..

 

[Schnitzel lover]

I'm not saying anything.

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Can you tell the shorters if they don't self learn soon, they're going to get their heads proverbially ripped off.

 

[Iseki]

What will be binding then ?

Just any signed contract where dollars are paid in consideration for something (eg chips or royalty on IP etc)
Just a purchase order will do: Please provide me with 100,000 akida 1500 chips @ $50 each.

 

[GStocks123]

Out of curiosity. How many Quarters of funding do we’ve left before reaching VA?

 

[Schnitzel lover]

MOU's are non-binding is what I thought was a common understanding.

What I also thought was a common understanding is that any ASX company securing an MOU with a POTENTIAL customer or partner, is announced to the ASX market.

It is still a big deal despite the fact by its very nature is non-binding..

 

[Humble Genius]

I think everyone missed the big picture with our godfather

 

[Schnitzel lover]

Out of curiosity. How many Quarters of funding do we’ve left before reaching VA?

They have at least another 4-5 qtrs. Sean said post-2022 AGM that all options are open for 'further funding' They have 22mill roughly and another 2-3mill to draw down from the LDA deal in 2023.

 

[AI_Inquirer]

MOU's are non-binding is what I thought was a common understanding.

What I also thought was a common understanding is that any ASX company securing an MOU with a POTENTIAL customer or partner, is announced to the ASX market.

It is still a big deal despite the fact by its very nature is non-binding..

Glad they are expanding their presence in the space sector and showcasing Akida's power efficiency. However, EDGX is a microscopic company, making this partnership seem somewhat inconsequential. The ASX might interpret an announcement of the MOU as thinly disguised marketing, which is a no-no. Sharing the news on their social media and website is more appropriate.

 

[JoMo68]

How is it BRN hasn't been able to attract some big US investors to buy shares given they are now equivalent to a lousy dime in USD? It surprises me that some of our partners aren't buying up BRN shares. They more than most would know what Akida is worth.

I wouldn't be surprised if this share price pressure is precisely because of large investors - we know they are accumulating behind the scenes...

 

[Cardpro]

MOU's are non-binding is what I thought was a common understanding.

What I also thought was a common understanding is that any ASX company securing an MOU with a POTENTIAL customer or partner, is announced to the ASX market.

It is still a big deal despite the fact by its very nature is non-binding..

MOU with tiny company worth nothing on paper, at least in the short term...

 

[Vladsblood]

Can you tell the shorters if they don't self learn soon, they're going to get their heads proverbially ripped off.

NO ...I want to see them in a sea of their blood...DROWNING as we rocket upwards!!! PVDM likes space projects so lets get back on the launch pad and prepare for blastoff!! $$$$$ Vlad.

 

[DK6161]

If this is still going to shit in the next few weeks, I am seriously thinking of selling my other stocks to secure some more BRN at extremely low price. I think 10 cents or maybe 7.5 would be a good incentive to go all or nothing. Hmmmm

 

[Kozikan]

I didn't claim that BrainChip would give away its product for free. I also don't know their revenue model for non-binding partnerships... I only know that nothing has flowed in so far. And in my opinion, relying solely on space applications won't necessarily turn it into a billion-dollar company. Volvo Cars, for example, patented a life-saving invention, the three-point seatbelt, and then provided it for free to all car manufacturers. What if PVDM is such a space enthusiast that he provides the product for free to expedite humanity's access to space? DADADADAAAAAAAAA 🫨

What an absolute load of garbage post.
All of it !!
Especially these pearls
1st line
“ I didn't claim that BrainChip would give away its product for free.” ......................................
Last line
“ What if PVDM is such a space enthusiast that he provides the product for free to expedite humanity's access to space? DADADADAAAAAAAAA 🫨 “

Seriously.

 

[M_C]

Can you tell the shorters if they don't self learn soon, they're going to get their heads proverbially ripped off.

I like many others am kicking myself for not waiting to top up.....I expect the next few days of trading to show shorts reducing further, this is as at 29/9.........Nearly there folks.....

 

[Iseki]

They have at least another 4-5 qtrs. Sean said post-2022 AGM that all options are open for 'further funding' They have 22mill roughly and another 2-3mill to draw down from the LDA deal in 2023.

So hopefully management are thinking along the lines of who, of the 100 staff, aren't working out.
from the last half yearly:

The Group made a net loss after income tax for the half-year ended 30 June 2023 of $17,146,781 (30 June 2022: $8,255,802).
and
At the end of the half-year the Group had consolidated net assets of $23,194,139 (31 December 2022: $23,718,406), including cash and cash equivalents of $21,824,785

So it doesn't look so sustainable. Anyone not working on a contract that is immanent in the next 3 months is clearly not working out.

 

[7für7]

What an absolute load of garbage post.
All of it !!
Especially these pearls
1st line
“ I didn't claim that BrainChip would give away its product for free.” ......................................
Last line
“ What if PVDM is such a space enthusiast that he provides the product for free to expedite humanity's access to space? DADADADAAAAAAAAA 🫨 “

Seriously.

It seems that some people here can't get by without insults. It's not my job to explain the term irony to you or teach you a certain sense of humor. I haven't insulted anyone so far, so let it be. Ignore me if my posts don't suit you. By the way, your response says even less than the questions I ask! Thank you.

 

[Damo4]

It seems that some people here can't get by without insults. It's not my job to explain the term irony to you or teach you a certain sense of humor. I haven't insulted anyone so far, so let it be. Ignore me if my posts don't suit you. By the way, your response says even less than the questions I ask! Thank you.