Makeme 2020
Regular
Please explain buddy.
I don't put multiple members down for having a opinion on this open forum.
Wilzy123 degrades multiple members because they have a opinion.
BURNING BIN REALLY..
Maybe he should get a life.
Please explain buddy.
I agree with your second last paragraph.Fair enough Chapman I get your point. And by the way, you mention people leaving companies is not a concern and I agree.
But Let me ask you this:
Where do you see the SP mid next year if Brn do not show reasonable revenue?
How will they raise money to keep the company going if the SP is 5 cents?
These are genuine concerns. Currently there are approximately 1.727 billion shares issued. Some will argue, so what and that it will have no major impact in the long run. But it is still dilution.
Look, all Iâm saying is that at the end of the day we as share holders should not become complacent. And we canât have SH who brought in at under 10 cents expecting others to feel the same way. Nor should we automatically become defensive when someone states concerns. Iâm not talking about the down ramping that goes on at HC but genuine discussions.
If you read my response to Tech, I believe that I did not state anything offensive but what I believed to be true.
Thatâs my honest opinion
So over 40 known partners, global tier ones, MCUâs hitting the market soon and a world class board has underperformed in current global conditions? Thereâs companies laying off hundreds of people from Qualcomm Microsoft SiFive and many others and Brainchip is still hiring and making progress has underperformed?Everyone needs to take a breath and understand that everyoneâs got different opinions on how BRN is progressing.
In my opinion the current brainchip management has under achieved so far and itâs nothing to do with the share price.
It means nothing that our management have nice CVâs,
results in the real world is what counts.
In my view every month that goes by without a new ip deal means that other tech companyâs are surpassing us.
You blink and new technology makes you irrelevant.
Thanks ChapmanI agree with your second last paragraph.
My first buy was 5 cents, and like many have kept buying on the way up and on the way down, and despite my very large holding, I am actually in the red but I am not worried.
Sean stated in an interview in May this year with ASX investor when asked a question about a cadence of revenue, he was asked will it be 3 years or 12 months, he said somewhere in between.
So just based off that interview, we know there wonât be any âcadenceâ of revenue until at least May next year, now that doesnât mean we wonât get licensing payments and royalties from Renesas.
I am as frustrated as anybody, but I remain armed with the knowledge of what Iâve outlined many many times.
As for the share price by this time next year if thereâs no revenue? Well who knows, what if we sign 3-5 new licensing agreements between now and then, and only a few million in revenue? Would that be good enough? I suppose everybodyâs answer would be different.
As for raising money, I donât believe they will need to raise money besides the capital call with LDA, I could be wrong but if itâs at letâs say 50 cents, and they need 20 million dollars, itâs not so bad but yes, if itâs at current prices or even lower, then it sucks.
But one of the positives I take from having 1.7 billion shares on issue is that yes, itâs kind of a lot, but compared to Intel and a few others itâs not that much, and the industry we are playing in which AI, Semiconductor/technology and when we do bring in more revenue, a cadence if you like, and more agreements, then it opens us up to the US marketâŚ.it wonât be that many shares on issue.
If letâs say we were a listed company on the asx in an industry where only Australians play, then itâs a a lot but we are in a global arena so I take my confidence in that later down the track.
So over 40 known partners, global tier ones, MCUâs hitting the market soon and a world class board has underperformed in current global conditions? Thereâs companies laying off hundreds of people from Qualcomm Microsoft SiFive and many others and Brainchip is still hiring and making progress has underperformed?
In a field where itâs disruptive and new to the world and nobody in the world has sold IP before?
You are 1 of 5 people on this forum that I have total respect for everything you write on hereSo over 40 known partners, global tier ones, MCUâs hitting the market soon and a world class board has underperformed in current global conditions? Thereâs companies laying off hundreds of people from Qualcomm Microsoft SiFive and many others and Brainchip is still hiring and making progress has underperformed?
In a field where itâs disruptive and new to the world and nobody in the world has sold IP before?
As far as influence and control go, it's turtles all the way down. Our sales and marketing cannot force customers to adopt Akida.Hi D
Yes, I fully agree, the Board can only do so much. However, the Board has the power to apply pressure to the CEO and upper management to ensure results are achieved.
As I have stated, no one wants a second strike but the first strike was a clear message to the board, time to get things rolling.
Donât get me wrong, I read a lot about Brn and the ecosystem they are forming, I am not naive and understand that it takes time.
I first brought shares in Brn in mid 2020. Since then I have been accumulating as the price has gone up and as itâs gone down. But I can tell you that I was not fortunate to buy at 0.031 as Tech stated and that was why I responded to his post. And I can tell you that if by the next AGM we do not see revenue, the shorters will apply so much pressure on the SP that it will drop to under 5 cents.
The problem with that is when the company requires funding, what happens then? How many shares do you have to offer at 5cents to raise millions to keep the company going?
Please donât think that Iâm trying to spread negativity, Iâm not. When I read Techâs post, it was too defensive and quite insulting. I had to react.
I still go on HC to read the rubbish thatâs being posted to gauge the negativity towards Brn. This is not to transfer it here but to understand what gives shorters/down rampers fuel. Certainly the lack of revenue has provided enough fuel. I have done my bit, on HC, to argue with them and stick up for Brn.
I come on here and read about the positives that Brn are achieving. But we as SHâs should not become complacent. We have every right to demand results. I do not see a problem with that.
Just my opinion.
"You (Chapman89) are 1 of 5 people on this forum that I have total respect for everything you write on here"You are 1 of 5 people on this forum that I have total respect for everything you write on here
As a long term holder I just voice my opinion.
A lot of things the current BRN management have done right, however we donât know how many of these monthly partnerships announced are new partnerships or existing partnerships under LND watch.
Remember what LND said when he was in the drivers seat.
We had over 100âs NDAâs back then and now the NDAâs are being removed and the partnerships can now be announced.
In my view the current management at this point in time has failed and itâs not because of the share priceâŚâŚnot because of no revenueâŚâŚ. Itâs because they have not achieved more IP deals.
Best post for ages, considering the cr*p you have to wade through nowadays on this forum. Well said ChapmanI may be wrong but revenue has actually increased year over year?
Sean said lumpy revenue, itâs happening.
The company has been partnering with 1-2 companies every month, clearly stating they will adopt akida. They will not buy a board and simply evaluate it, they said they will adopt and drive akida into products.
Development cycles takes time with IP, 2-3-4 years, it is not Brainchips role to update at every achievement of their partners that they make and announce where they are up to!
An example, Renesas/Meagchips license the IP, Brainchip would not be allowed to tell shareholders exactly where they are up to in the cycle, that is up to Renesas.
Brainchips hands are tied running with the IP model, it is simply not up to Brainchip when all the boxes are ticked with prototype, design, test, implement, production with those companies to announce everything.
Sean stated at the AGM that one of their licensees would have akida in commercial products âhopefullyâ this year.
Now let me ask you all, if thereâs been delays, is that Brainchips fault? Absolutely not.
As Antonio said, you donât hear whatâs being designed into the iPhone 16 or the Galaxy S26, itâs just not how it works. Yes some less sophisticated companies may announce things, but most wonât. We all need to get used to it otherwise our money is best invested elsewhere.
Let me say this, letâs say Brainchip was a private company not listed on a stock exchange, and we looked at Brainchips technology, the board/management, the massive growing ecosystem which is 1-2 a month, the industries in which these companies are involved in and service, the recognition we and neuromorphic are getting, would we be complaining? No we wouldnât.
Show me another neuromorphic company that has the ecosystem we have? Show me another neuromorphic company that has the experience of the board we have?
No other company has what we have.
People are using Chris stevens departure as some type of negative? How is it a negative?? Look at his employment history, it wasnât exactly stable to begin with and at the end of the day he was in it for money, he clearly got a better offer at Untether AI and good luck to him, maybe he couldnât handle selling IP? He never sold Neuromorphic IP before, nor has anybody in the world for that matter.
When Nandan left Amazon did that mean Amazon was a bad sign for Amazon? NO.
When Duy-Loan left Texas Instruments did that mean itâs a bad sign for Texas Instruments? NO.
When Rob Todd Antonio Nandan and our Japanese Sales guy all left ARM at different stages did that mean it was a bad sign for ARM? NO!!
When our recent product development manager just left Facebook (Meta) and joined Brainchip does that mean that itâs looking bad for Meta? NO.
When Sean left Hewitt Packer (HP) as Global Ecosystem boss and joined Brainchip did that mean that HP was going under? NO.
People leave their jobs for all sorts of reasons.
People need to stop looking at Chris stevens departure with the eyes of a shareholder and start looking at it like he got a better opportunity which he did!!
This argument and the same people on this forum who keep projecting their emotional insecurity of their investment are just that, emotional.
I just read a post above that the share price may go to 6 cents? Please let it go to 6 cents.
With Renesas coming to market in the next few months, large tier ones working on driving akida into applications, with akida being rocketed into space in January, with neuromorphic being written about more and more and with the technology and board and ecosystem that Brainchip have and growing, Iâll keep buying shares and reap the rewards, whilst others suffer in fear.
People actually think that itâs like selling a new energy drink to the servo or the convenience store, we are talking about a technology that is ahead of its time, never been worked on before until recently.
Ill take my chances with Brainchip over any other neuromorphic company out there.
Let me say it again, if Brainchip was not a publicly listed company, and we knew the rapidly growing ecosystem, the partners we have, the multiple different industries, the experience of the board & management we have, the technology, the growing recognition, the soon to hit the market in mass volume mcuâs containing akida and everything else, we would be jumping for joy, only question we all want to know is how long is it going to take, but it is a wait I am happy to endure.
Absolutely agree Damo, people talking up second strike, I donât see any suggestions of what should the board be doing differently than what they are doing, If you are a customer or a prospective of BRN , you are putting in time , efforts & hundreds of your engineering staff to learn the technology before spending millions to actually design a chip. It is not the job of these companies to keep BRN shareholders happy, they have to keep the competitive edge, one sure way to do it is keep your competitors guessing. Itâs hard to fathom these conversations are happening right after partnership with TATA saying they are building products using our IP. People should wake up to the fact that ppl on our board are not there because of a lack of options, they wanna be part of the next revolution and they own the company shares as well, isnât a better share price in their interest ?Unless you have ulterior motives, I don't see why we can't drop this 2nd Strike speculation until the time comes to actually voting.
I can't see any good reason to keep pushing the narrative of it coming if there's even a single license sold or Renesas/Megachips/Valeo revenue in the reports before the AGM.
All good if you aren't happy with the progress, to each their own, but the strike thing is getting nuts considering we have so much time left to make a full judgement.
It's like making a report card for a child before their year starts. Give them a chance sheesh....Akida 2 has only just been released.
I suspect if principals took a 10% pay cut and refrained from awarding themselves more stock and options until BRN was on better financial footing (which would be clearly defined) the shareholders would more likely feel that shareholders and management were sharing the same boat....not one group in a luxury liner and the other group in a leaky dinghy.Hi ML,
The Board can only change or influence things which are within their control or sphere of influence.
What would you have the board do differently to avoid the 2nd strike?
I don't know about you guys.We could give ALL the EAPâs a standard 30 days/1month to sign uptakes of our IP before offering to both Russia and China Vlad
Evening Chippers ,
Idea for a money spinner ..
Most consumers if not all, annually have to pay for virus protection for their computers / flap tops.
1, Norton Life Lock , Norton's merged with AVAST mid 2022 in a deal worth $8,100,000,000.00 to $8,600,000,000.00USD
Roughly... in 2023 revinue of $3,300,000,000.00USD.
2, McAffe anti virus... bought out in March 1st 2022 for roughly $14,000,000,000.00USD
Bought by ADVENT International Corperation.
No longer a public listed co.
Whilst public ... in 2021 NET revenue for the year $2,000,000,000.00UDS
& had roughly 500,000,000 users.
So just the two main companys above annually generate something in the order of $5,300,000,000.00 USD . ANNUALLY IN SUBSCRIPTIONS much to the annoyance of consumers.
Well apparently BrainChip lists security as a selling point , University of Thrace, works to encript satellite data.
So imagine if you will ...
BrainChip created a in house product... a DONGLE thingi.
..plugs straight into a consumers computer via the USB port.
... either bypasses or has its own router, internet connection spliced into an AKIDA chip.
...all signals transmit through this plugged in dongle thingi in a highly secure , encrypted manner thereby saving the consumer the cost and annoyance annually of buying anti virus products.
... one time purchase.
Incredibly this only took 4 beers to imagine.
Love to know what our scientific advisory board members do , short of opening the odd toll gate , don't seem to hear boo out of them.
Have a good weekend all.
Regards,
Esq.
* only expect 8,500,000 fully paid shares.
. Trailing commission of 2.75% on annuall sales
.and a unlimited gift card at DanMurpys .
. Well go on then through in free medical & dental.
.