BRN Discussion Ongoing

[M_C]

Qualcomm's getting in on the AI craze with new chips for phones and PCs

The benchmark is a sign that AI is becoming a new battleground for smartphone features and sales.

www-cnbc-com.cdn.ampproject.org

"If someone would go to buy a phone today, they would say, how fast is the CPU, how much memory do I get on this thing? What does the camera look like?" said Alex Katouzian, Qualcomm senior vice president for mobile. "Over the next two or three years, people are going to say, what kind of AI capability am I going to have on this?"

Last year's Qualcomm chip, the Gen 2, ran the same model successfully, but it took 15 seconds to crunch all the numbers to create an image of, for example, a cat at the beach. This year, its new chip can do it in half a second, which Katouzian said could greatly improve responsiveness for AI applications such as personal assistants.

Future applications, such as a personal voice assistant, could use an AI model on the device itself for easy queries, running on the device's chip, and can send tougher questions to a beefier computer in the cloud, Qualcomm said.

Qualcomm said this is why it works so closely with Microsoft to make sure its chips are optimized for AI software.

"The more of these devices get used on the edge for running AI capabilities, the less money they have to spend on the Azure cloud, running super expensive inference capabilities," Katouzian said. "All of that stuff can get offloaded. A hybrid situation where an offload of the cloud onto the client devices at the edge gives them a huge advantage."

 

[Xhosa12345]

OPEN LETTER.

To BrainChip Management & Fellow Shareholders,

Where dose one start......

1, All very well for the Board , 7 individuals, to strip something in the order of $5,000,000 to $8,000,000 AU annually in salaries , cash & perks.
Thay , the Board, are being paid to deliver Review, which to date is the equivalent of non existant, be it due to global events , their own endeavours or a combination of all.

2, All salaries stripped back to base pay only till proper revinues start to flow to the ballence sheet.
If you , Directors, believe you are worth more then bugger off....funnily enough there is always someone younger with more drive willing to achieve the same end on a lower salarie.

3, Will be extremely enlightening around January, when directors...due to our renunciation committee, put their hands out for CASH BONUSES.
Show some contrition F.F.S.
If any of the Board accept cash bonuses , on top of salaries, we'll this purely confirms there is no compassion to how the company is travelling & a compleet disregard to shareholders.

4, At the last AGM when Antonio V was being grilled on renunciation ( a savvy chipper required to locate footage) , Antonio clearly articulated....not one but two independent renumeration firms were engaged to figure out the compensation / salaries for management , ( this in itself one has to ask why then do we also then engage , employ Pia Turcinov on the renumeration committee????
Note , the only reason Pia is there is due to the fact that an Australian Listed Entity has to have at least two Australian directors , Pia is on a salarie of $....., + percs , + shares.). For.......

Back to point 4. & Board Renumeration and Antonio's comment of two firms oppinion on salaries.
According to Antonio, the two firms thought that their salaries were, are commensurate with a company engaged in this field , of a company generating between $5,000,000 to $30,000,000 in revinue annually ( I will be gentil and say that was Australian and not American $ ).
Well I'd be guessing our renumeration committee then took an above average figure of say $15,000,000 to $20,000,000 as a ball park figure then deduced their salaries.
Well so far this year under $1,000,000 Australian dollars have hit the books, so unless a further $14,000,000 to $19,000,000 AU hits the books as recognised REVINUE in the 4th quarter ( Oct, Nov, Dec), well it would appear the salaries are excessive to say the least, & thay have had this confirmed to themselves by two independent firms , at shareholders expense.

5, Disclosure on the ASX of partners & trade show appearances etc is a no brainer.
Look up any listed mining , pharmaceutical, tech co on the ASX and such things are disclosed on a regular basis.
GROW A SET & start using the ASX, that is why our company pays the annual listing fees of , between $70,000 to $100,000 AU.
THIS IS NOT A PRIVATE COMPANY & SHOULD NOT BE TREATED AS SUCH.

6, In the last several Annual Report's & several other documents lodged through the ASX and general media, the German Listing of BrainChip is not recognised nor mentioned.
For the last two years at least, more volume and $ ( actually € ) transact on a daily basis than the two American listing's on the OTC combined.
Show some respect to our European investors.
Also like to add , we, BrainChip shareholders, are also very likely to be paying a listing fee to be on the Frankfurt exchange.

7, Directors not buying on market.... Board convenes a meeting and passes × windows per year for directors to buy on market.
Windows also disclosed to shareholders for full transparency.

8, Unless Tony Dawe was waiting on a organ donation transplant , and hence took his holiday leave when he did, well I'm personally speechless.
This goes for the whole Board, take your leave Christmas's time when business in general slows , this should not be run as a lifestyle co & again if you dont want the job then step off.
Diligent & dedicated workers aren't hard to find. From memory 20,000 to 30,000 individuals in the tech sphere have been laid off in the last year and a half.
As someone once said the individuals we as shareholders wish to steward our company are as rare as rocking-horse shite , well I'd be thinking there are several in the above which have the required knowledge to further our company on far lower salaries with same results.

9, This bickering amoungst TSX BRN holders needs to pull up.
Many valued members have withdrawn which is a great shame and detriment to the collective.
All views are relevant , good & bad , as it creates a full picture.
If you dont like it scroll no.


Regards,
Esq.

Surely not implying this???

 

[7für7]

OPEN LETTER.

To BrainChip Management & Fellow Shareholders,

Where dose one start......

1, All very well for the Board , 7 individuals, to strip something in the order of $5,000,000 to $8,000,000 AU annually in salaries , cash & perks.
Thay , the Board, are being paid to deliver Review, which to date is the equivalent of non existant, be it due to global events , their own endeavours or a combination of all.

2, All salaries stripped back to base pay only till proper revinues start to flow to the ballence sheet.
If you , Directors, believe you are worth more then bugger off....funnily enough there is always someone younger with more drive willing to achieve the same end on a lower salarie.

3, Will be extremely enlightening around January, when directors...due to our renunciation committee, put their hands out for CASH BONUSES.
Show some contrition F.F.S.
If any of the Board accept cash bonuses , on top of salaries, we'll this purely confirms there is no compassion to how the company is travelling & a compleet disregard to shareholders.

4, At the last AGM when Antonio V was being grilled on renunciation ( a savvy chipper required to locate footage) , Antonio clearly articulated....not one but two independent renumeration firms were engaged to figure out the compensation / salaries for management , ( this in itself one has to ask why then do we also then engage , employ Pia Turcinov on the renumeration committee????
Note , the only reason Pia is there is due to the fact that an Australian Listed Entity has to have at least two Australian directors , Pia is on a salarie of $....., + percs , + shares.). For.......

Back to point 4. & Board Renumeration and Antonio's comment of two firms oppinion on salaries.
According to Antonio, the two firms thought that their salaries were, are commensurate with a company engaged in this field , of a company generating between $5,000,000 to $30,000,000 in revinue annually ( I will be gentil and say that was Australian and not American $ ).
Well I'd be guessing our renumeration committee then took an above average figure of say $15,000,000 to $20,000,000 as a ball park figure then deduced their salaries.
Well so far this year under $1,000,000 Australian dollars have hit the books, so unless a further $14,000,000 to $19,000,000 AU hits the books as recognised REVINUE in the 4th quarter ( Oct, Nov, Dec), well it would appear the salaries are excessive to say the least, & thay have had this confirmed to themselves by two independent firms , at shareholders expense.

5, Disclosure on the ASX of partners & trade show appearances etc is a no brainer.
Look up any listed mining , pharmaceutical, tech co on the ASX and such things are disclosed on a regular basis.
GROW A SET & start using the ASX, that is why our company pays the annual listing fees of , between $70,000 to $100,000 AU.
THIS IS NOT A PRIVATE COMPANY & SHOULD NOT BE TREATED AS SUCH.

6, In the last several Annual Report's & several other documents lodged through the ASX and general media, the German Listing of BrainChip is not recognised nor mentioned.
For the last two years at least, more volume and $ ( actually € ) transact on a daily basis than the two American listing's on the OTC combined.
Show some respect to our European investors.
Also like to add , we, BrainChip shareholders, are also very likely to be paying a listing fee to be on the Frankfurt exchange.

7, Directors not buying on market.... Board convenes a meeting and passes × windows per year for directors to buy on market.
Windows also disclosed to shareholders for full transparency.

8, Unless Tony Dawe was waiting on a organ donation transplant , and hence took his holiday leave when he did, well I'm personally speechless.
This goes for the whole Board, take your leave Christmas's time when business in general slows , this should not be run as a lifestyle co & again if you dont want the job then step off.
Diligent & dedicated workers aren't hard to find. From memory 20,000 to 30,000 individuals in the tech sphere have been laid off in the last year and a half.
As someone once said the individuals we as shareholders wish to steward our company are as rare as rocking-horse shite , well I'd be thinking there are several in the above which have the required knowledge to further our company on far lower salaries with same results.

9, This bickering amoungst TSX BRN holders needs to pull up.
Many valued members have withdrawn which is a great shame and detriment to the collective.
All views are relevant , good & bad , as it creates a full picture.
If you dont like it scroll no.


Regards,
Esq.

Please don’t take it personally it’s just my view of point!

It’s a good letter for this forum for philosophising and communicating. However, I believe it's essential to start by congratulating someone on their past achievements or showing them appreciation. This lays a different foundation for understanding such a letter. After all, these are businesspeople. What kind of reaction can you expect without a formal structure, as is common in business? I fully understand why small investors aren't well-received in the stock market if they always approach it this way. I doubt that large investors ask such questions. They simply withdraw their capital because the stock market is always a risky business. At the very least, with a reverse stock split of 1:10000, small investors will be pushed back to their positions. Just my opinion.

 

[buena suerte :-)]

OPEN LETTER.

To BrainChip Management & Fellow Shareholders,

Where dose one start......

1, All very well for the Board , 7 individuals, to strip something in the order of $5,000,000 to $8,000,000 AU annually in salaries , cash & perks.
Thay , the Board, are being paid to deliver Review, which to date is the equivalent of non existant, be it due to global events , their own endeavours or a combination of all.

2, All salaries stripped back to base pay only till proper revinues start to flow to the ballence sheet.
If you , Directors, believe you are worth more then bugger off....funnily enough there is always someone younger with more drive willing to achieve the same end on a lower salarie.

3, Will be extremely enlightening around January, when directors...due to our renunciation committee, put their hands out for CASH BONUSES.
Show some contrition F.F.S.
If any of the Board accept cash bonuses , on top of salaries, we'll this purely confirms there is no compassion to how the company is travelling & a compleet disregard to shareholders.

4, At the last AGM when Antonio V was being grilled on renunciation ( a savvy chipper required to locate footage) , Antonio clearly articulated....not one but two independent renumeration firms were engaged to figure out the compensation / salaries for management , ( this in itself one has to ask why then do we also then engage , employ Pia Turcinov on the renumeration committee????
Note , the only reason Pia is there is due to the fact that an Australian Listed Entity has to have at least two Australian directors , Pia is on a salarie of $....., + percs , + shares.). For.......

Back to point 4. & Board Renumeration and Antonio's comment of two firms oppinion on salaries.
According to Antonio, the two firms thought that their salaries were, are commensurate with a company engaged in this field , of a company generating between $5,000,000 to $30,000,000 in revinue annually ( I will be gentil and say that was Australian and not American $ ).
Well I'd be guessing our renumeration committee then took an above average figure of say $15,000,000 to $20,000,000 as a ball park figure then deduced their salaries.
Well so far this year under $1,000,000 Australian dollars have hit the books, so unless a further $14,000,000 to $19,000,000 AU hits the books as recognised REVINUE in the 4th quarter ( Oct, Nov, Dec), well it would appear the salaries are excessive to say the least, & thay have had this confirmed to themselves by two independent firms , at shareholders expense.

5, Disclosure on the ASX of partners & trade show appearances etc is a no brainer.
Look up any listed mining , pharmaceutical, tech co on the ASX and such things are disclosed on a regular basis.
GROW A SET & start using the ASX, that is why our company pays the annual listing fees of , between $70,000 to $100,000 AU.
THIS IS NOT A PRIVATE COMPANY & SHOULD NOT BE TREATED AS SUCH.

6, In the last several Annual Report's & several other documents lodged through the ASX and general media, the German Listing of BrainChip is not recognised nor mentioned.
For the last two years at least, more volume and $ ( actually € ) transact on a daily basis than the two American listing's on the OTC combined.
Show some respect to our European investors.
Also like to add , we, BrainChip shareholders, are also very likely to be paying a listing fee to be on the Frankfurt exchange.

7, Directors not buying on market.... Board convenes a meeting and passes × windows per year for directors to buy on market.
Windows also disclosed to shareholders for full transparency.

8, Unless Tony Dawe was waiting on a organ donation transplant , and hence took his holiday leave when he did, well I'm personally speechless.
This goes for the whole Board, take your leave Christmas's time when business in general slows , this should not be run as a lifestyle co & again if you dont want the job then step off.
Diligent & dedicated workers aren't hard to find. From memory 20,000 to 30,000 individuals in the tech sphere have been laid off in the last year and a half.
As someone once said the individuals we as shareholders wish to steward our company are as rare as rocking-horse shite , well I'd be thinking there are several in the above which have the required knowledge to further our company on far lower salaries with same results.

9, This bickering amoungst TSX BRN holders needs to pull up.
Many valued members have withdrawn which is a great shame and detriment to the collective.
All views are relevant , good & bad , as it creates a full picture.
If you dont like it scroll no.


Regards,
Esq.

Nice work Esqy... You have touched on many points that no doubt most of us here totally agree with mate.

Myself included have said many times... 'Patience is needed'... well it really is getting ridiculous now!!

"Disclosure on the ASX of partners & trade show appearances etc is a no brainer" (Esq)..... Absolutely agree.

I think another interview should be arranged ASAP with Sean and our mate The ASX investor (Noah) with many fresh questions on where we are headed/progress/Revenue etc etc etc ?? (5 months since the last one!) Or maybe a good old fashioned letter to shareholders!

Well I suppose all we can do is do what we have been doing for 'many' years .... Keep on riding the very lumpy turbulent BRN Roller coaster!


I personally am very much looking forward to the day we can all reflect on these 'Lumpy times' together... shaking of hands, pats on the backs and say....

$$$$$$...............IT WAS ALL WORTH THE WAIT!!!.............$$$$$$

.....Champagne on me (consumed at the 'milestone inaugural' BIG Perth party).....

Chin up Chippers

 

[Esq.111]

Morning 7fur7 ,

We all express ourselves differently , this is how my mind expresses itself.

Was not trying to write a literary masterpiece , purely stating opinion on past and present trajectory.

My present shareholding puts me somewhere in the top 100 holders of this company and hence feel i have somewhat of a right to express my thoughts.

Appreciate your thoughts & no offence taken , that's what this forum is for.

Regards,
Esq.

 

[Space Cadet]

Diogenese and Bravo to solve the issue ....... Just drink straight from the wine bottle, that way there is no issue as to whether the glass is half full or not ....

And if you put the glass in a box, you'll never know if it is half full or half empty. You may also save Bravo's life.

SC

 

[Dr E Brown]

Morning 7fur7 ,

We all express ourselves differently , this is how my mind expresses itself.

Was not trying to write a literary masterpiece , purely stating opinion on past and present trajectory.

My present shareholding puts me somewhere in the top 100 holders of this company and hence feel i have somewhat of a right to express my thoughts.

Appreciate your thoughts & no offence taken , that's what this forum is for.

Regards,
Esq.

Why don’t you put your questions into the company for answering at the quarterly investor briefing. The company provides an avenue for you why not use it rather than post here.
Personally, I have some concern over the take up of our technology being sufficient to bring substantial revenue in the near term, the rest of your letter I disagree with completely.

 

[Damo4]

Why don’t you put your questions into the company for answering at the quarterly investor briefing. The company provides an avenue for you why not use it rather than post here.
Personally, I have some concern over the take up of our technology being sufficient to bring substantial revenue in the near term, the rest of your letter I disagree with completely.

It's been sent to Tony now, and is well supported here, so management just need to hear it.

 

[Dr E Brown]

It's been sent to Tony now, and is well supported here, so management just need to hear it.

Then hopefully it is answered

 

[Space Cadet]

It's been sent to Tony now, and is well supported here, so management just need to hear it.

Well supported by who? I must have missed that poll!

SC

 

[Damo4]

Then hopefully it is answered

Will send any reply I get from Tony, but if others have already emailed it before me, I doubt I'll get a reply.

Well supported by who? I must have missed that poll!

SC

76 likes on the post so far.
Most posts don't get that kind of support outside of Company Tweets and Chapman/Fact Finder posts.

 

[SERA2g]

Not that we're anywhere near where we want to be anyway..
But that's an entirely incorrect statement, as it doesn't allow for dilution (again not a great thing, but necessary to raise funds, issue Company shares etc) over that time..

Even websites make that incorrect statement.

The original float was only 50 million shares at 25 cents.

At the current market capitalisation, that would equal $6.44 per share (that's more like it ).

Or to put it another way..
Considering the original market cap of $12.5 million..
Would make a share price equivalent to today's of.. 0.007 cents.. (1.727B shares on issue).

So using shares on issue now, we are 25.7 times the original issue price.

So it's simply not comparing apples with apples..
You have to look at market cap vs shares on issue, not just share price.

@Diogenese please check my maths, my logic.. Ahh.. Please just check everything

View attachment 48059

I drafted a similar response to Xray and then decided it was a waste of energy so I didn't post it.

Your logic is correct. I haven't checked the math though.

 

[Xray1]

It's been sent to Tony now, and is well supported here, so management just need to hear it.

In my opinion it will be just falling upon death ears and the ongoing cone of Co silence will prevail.

 

[7für7]

It's been sent to Tony now, and is well supported here, so management just need to hear it.

Just hope you changed it a bit and gave him some structure.

 

[Xray1]

I drafted a similar response to Xray and then decided it was a waste of energy so I didn't post it.

Your logic is correct. I haven't checked the math though.

I drafted a similar response to Xray and then decided it was a waste of energy so I didn't post it.

Your logic is correct. I haven't checked the math though.

Both yourself and Dingo are missing the point ........ The point I am making is that after some 12 years of BRN being listed on the ASX we are now trading well below our LPO issue price of .25 cents ...... IMO after 12 years of trading this is a poor situation to be in. However, If your content with this financial situation then that is a matter for yourselves.

In regards to your maths about the dilution of shares issue ..........I ask, where has all those extra millions of shares and the money gone to given we are only seeing some $27K returns from customer receipts as per this latest 4C ............

 

[Diogenese]

Nice work Esqy... You have touched on many points that no doubt most of us here totally agree with mate.

Myself included have said many times... 'Patience is needed'... well it really is getting ridiculous now!!

"Disclosure on the ASX of partners & trade show appearances etc is a no brainer" (Esq)..... Absolutely agree.

I think another interview should be arranged ASAP with Sean and our mate The ASX investor (Noah) with many fresh questions on where we are headed/progress/Revenue etc etc etc ?? (5 months since the last one!) Or maybe a good old fashioned letter to shareholders!

Well I suppose all we can do is do what we have been doing for 'many' years .... Keep on riding the very lumpy turbulent BRN Roller coaster!


I personally am very much looking forward to the day we can all reflect on these 'Lumpy times' together... shaking of hands pats on the backs and say....

$$$$$$...............IT WAS ALL WORTH THE WAIT!!!.............$$$$$$

.....Champagne on me (consumed at the 'milestone inaugural' BIG Perth party).....

Chin up Chippers

2008: A Silicon Odessy

Brainchip set out to boldly go where no neural network had gone before.

Sailing in unchartered waters - no one knew the end destination when two men in a leaky boat set course for Cortica, least of all their target customers. Blinded by ignorance, NOBODY knew they needed spikes, nor what they could do, as they made a sheepish exit.

It turns out they can do lots more than anyone thought.

Having previously experienced the cannibalistic Laestrygorian venture capitalists, the captain had gathered a crew of volunteers. After many lean years, some of the crew became mutinous and were eaten by one-eyed giants, while others, having gorged on wine and cheese, found themselves wingless sty occupants.

They were blown off course, confounded by the winds released from their own duffle, hoist on their own petard so to speak, then becalmed in the doldrums longer than anyone could want.

Some of the crew have sufficient ear wax to resist the siren call of the NYSE, but the clear-eared mast-bound captain was drawn by the harmony and was restrained from a watery end by his leather thongs.

With barely a fig leaf, they spent time on Calypso reggae, waiting for the banana boat home.

All of that just to make an honest Penny.

Descartes' modernized shibboleth "I compute therefore I am" is dead, the new mantra is "I infer, therefore I know with 96.76% certainty."


FN: Apologies to Homer, Madge and family.

Odyssey - Wikipedia

Odyssey - Wikipedia

en.wikipedia.org

 

[Frank Zappa]

Both yourself and Dingo are missing the point ........ The point I am making is that after some 12 years of BRN being listed on the ASX we are now trading well below our LPO issue price of .25 cents ...... IMO after 12 years of trading this is a poor situation to be in. However, If your content with this financial situation then that is a matter for yourselves.

In regards to your maths about the dilution of shares issue ..........I ask, where has all those extra millions of shares and the money gone to given we are only seeing some $27K returns from customer receipts as per this latest 4C ............

 

[Esq.111]

Afternoon Chippers ,

Ray of sunshine , the US Government has elected a new House Speaker which should help alleviate some wobbles in the global markets a little.

American spending can resume.

Regards,
Esq

 

[IloveLamp]

Robotics company picks Neerabup as its home

American robotics giant Autonomous Solutions Inc. Mining has selected Meridian Park at Neerabup as the site of its Australian office.

www.perthnow.com.au

 

[Rskiff]

Afternoon Chippers ,

Ray of sunshine , the US Government has elected a new House Speaker which should help alleviate some wobbles in the global markets a little.

American spending can resume.

Regards,
Esq

I wouldn't bet on it, looking at the new guys credentials. A mess