Wickedwolf
Regular
Right sentiment from BrainChip but poorly executed as should have been more transparent re the meeting and invite process. A simple statement clarifying the intent and invite process would have been good.Let me put it to others, ..................... How many here are happy that a "select group" was able to converse with our CEO without your knowledge that he was even coming to Australia, and with the lack of communication/share-price halving since the AGM at which SH was simply a stage prop in the background?
In the Q3 Podcast Sean said, (14min) ........ "Looking forward to catching up with as many shareholders as possible"
......... Yeah ............... Ok ............What do you mean by that Sean?
For me, the first i knew was when a poster here ( sorry i forget who ) mentioned that they had possibly seen our CEO talking with other/s outside of the venue of the last AGM.
So, i confirmed this by emailing TD, ...................
....................... His reply- {quote} - Yes, Sean and i are currently in Sydney presenting to investors.
So, not only do we have a "Hush Hush" trip to Australia, we have a "Select Group Mid-year General Meeting"
Then, i asked Tony,
[quote} ............... What vetting process was undertaken by you and Sean to determine what excisting shareholders were contacted in Australia and subsequently given the oppurtunity to discuss all aspects of the company, and why there was no general invitation announced to all shareholders?
........................... His reply- {quote} - Sean and I attend meetings that "I set up" with analyst, professional and retail investors, based on my relationship with each. LESSON= We had all better buy Tony a Xmas card this year.
QUESTION; WOULD WE HAVE EVER KNOWN ABOUT THIS TRIP DOWN-UNDER IF IT HADN'T BEEN FOR THE "SIGHTING"?
QUESTION; SHOULD THE LAST AGMs "BETTER COMMUNICATION WITH SHAREHOLDERS STATEMENT" BE BETTER PHRASED AS
"BETTER COMMUNICATION WITH SELECTED SHAREHOLDERS"?
I think this is very poor form/judgement/action on behalf of Sean & Tony.
I also think we all have the right to attend any public forum where our CEO is giving answers to questions asked by shareholders.
We get a podcast from the CEO every three months, 15mins of rehersed Q&A audio, ...................... then this
I know that i would have liked the oppurtunity to attend !
Thanks to all that attended for providing the update. I’m sure the intention from the company was good. Update should have come from Tony D. Lesson learned, let’s move on.