MOU with tiny company worth nothing on paper, at least in the short term...
BRN Discussion Ongoing
- Thread starter TechGirl
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Vladsblood
Regular
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.
What an absolute load of garbage post.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 🫨
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
Founding Member
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.....
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.
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
Regular
Do you not understand the legal meaning or implications of the words "Binding or Non-Binding" it is quite obvious that you are only just concentrating on the actual meaning / dictionary outline of an MOU agreement generally .... having the word binding or non binding term placed before an MOU agreement put's things wholly into a totally different ball game both legally and non legally with totally different legal enforcement outcomes
mrgds
Regular
Good to hear from you @mc,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.....
View attachment 46439
............... hoping ur well, but more importantly im hoping ur taste in cars has improved.................
Come on @Kozikan, please play nice, and focus. We're all in the same boat.
I think we need 100 emails to TD begging for CEO to present a financial plan going forward.
FYI .... This was taken from the last 4C:
8.5 Estimated quarters of funding available (item 8.4 divided by item 8.1): 5
your expectorations have never been far off the mark before...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.....
View attachment 46439
Yeah...
Attachments
yes. Good.
LOL. Read it right to left like the Japanese then!!!
1st: Lets be Clear. It wasn’t an insult on you, it was specifically directed to your post.
2nd: Why would a partnership revenue model change just because of a non binding MOU. Isn’t the contract part essential ?
3rd: Your humour in txt didn’t translate for me on my first read. So my apologies if that was the case.
Irony
davidfitz
Regular
I wasn’t going to post the following but as the current price is hurting us all the following may help ease some of the pain
The other day I was directed to this site by someone in the company who said if you read all the recent press releases it will all make sense and that they are very active on many fronts. For me this statement makes sense.
Press Releases - BrainChip
Whilst most of these do not come out in the form of an ASX announcement another person stated the following which also makes sense.
“We can’t just invent good news out of thin air to stop the share price decline. That would be entirely illegal."
"We will communicate when we have something material to say. We communicate across multiple platforms so it’s possible you may have missed things if you only watch ASX.”
As many have already posted the ASX only responds to $$$$$.
“The real issue is that we aren’t posting announcements that signal a commercial pathway to revenues and profits, and that is what’s driving down investor sentiment, not a lack of communication.”
The other day I was directed to this site by someone in the company who said if you read all the recent press releases it will all make sense and that they are very active on many fronts. For me this statement makes sense.
Press Releases - BrainChip
Whilst most of these do not come out in the form of an ASX announcement another person stated the following which also makes sense.
“We can’t just invent good news out of thin air to stop the share price decline. That would be entirely illegal."
"We will communicate when we have something material to say. We communicate across multiple platforms so it’s possible you may have missed things if you only watch ASX.”
As many have already posted the ASX only responds to $$$$$.
“The real issue is that we aren’t posting announcements that signal a commercial pathway to revenues and profits, and that is what’s driving down investor sentiment, not a lack of communication.”
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