Yes, I totally agree. Voting them out without a clear plan of who is replacing them will most likely cause far more harm than good (and for the record, I'm not in favour of voting them out at all).
They just need a new Company Secretarial Service. I agree the mistakes are far too frequent but at the end of the day this is easily fixed.
Merry Christmas to you and your Family FF, thank you for your input over the past yrs. May 2024 be the yr we all are waiting for. Take care.Hi All
I know some like to rail against the corporate machine but it does seem that the majority of the anger is directed at Sean Hehir CEO.
The FACT of the matter is that he is clearly meeting the benchmarks given to him by the Board of establishing a global ecosystem of partners and sales opportunities supported by an experienced talented global sales and marketing team.
On the technology development side he has clearly accelerated the development timelines with the introduction of the 18 month development cycle for next generation product aligned with partner and customer requirements.
So from the Board’s perspective he is doing what he was employed to do and though some here and elsewhere are critical of the progress made on income growth the sales team has been booking deals such as EDGX/European Space Commission, VVDN EDGE Box, TATA Elxsi, Renesas, Unigen, MegaChips, Teksun, Socionext etc all of which are marketing AKIDA in the real world.
In short the bottom line is that looking from the outside it is difficult to see any basis for the Board to respond to the disgruntled and remove the CEO particularly when in the real world such action would likely lead to a significant payment for wrongful dismissal.
So what do these unhappy holders do. Threaten a second strike. But will this resolve their problem with the CEO.
Alas no because the pesky little CEO is not removed by a second strike it only affects the Directors.
Regardless in a spirit of butting their heads against the brick wall the second strike occurs and the same Directors are once again elected or even new Directors are elected they will still face a situation where the CEO is performant and his removal would be impossible.
To their dismay the disruption caused by the second strike and the 90 days at least of market uncertainty until the election of Directors takes place crushes the share price in an unprecedented fashion and their woes compound.
So what should these poor unhappy shareholders do?
1. They can write anonymous complaints on social media warning the public against investing because of the terrible CEO. This of course would not be a logical thing to do. It would be like advertising your car for sale and putting a sign on it saying don’t buy this car it’s a dog. No one would do this.
2. They could write to the company expressing their concerns privately in the hope that by pointing out their great expertise and qualifications in the commercialisation of world first technology the Company will take notice and implement their suggestions. Not an option for those who do not have this expertise of course.
3. They could decide to cut their losses and sell and move on to better performing investments.
4. They could as some investors claim to do put their shares in the bottom draw and forget about them on the basis that they have a belief that eventually the Company will prove to be the investment they hoped.
5. Cannot think of a fifth thing to do other than ignore this post and keep on doing what they are doing. Perhaps create some additional profiles on social media so they can appear to speak for a majority of shareholders. This of course would just further blunt market confidence so probably not a sensible option.
By the way Unigen is promoting yesterdays release on their website:
BrainChip and Unigen Partner to Deliver Powerful, Energy-Efficient Edge AI Server - Unigen
BrainChip Holdings Ltd (ASX: BRN, OTCQX: BRCHF, ADR: BCHPY), the world’s first commercial producer of ultra-low power, fully digital, event-based, neuromorphic AI IP, and Unigen Corporation, a global leader in the design and manufacturing of enterprise and industrial electronics, today announced...unigen.com
My opinion only DYOR
Fact Finder
Merry Christmas to all genuine shareholders
OK. Replies to this/my post have tempered my enthusiasm e.g." it will take time to earn revenue, only a revenue announcement will up the SP." Digging deeper I realised the "thing" was introduced by Unigen on SEPTEMBER 19, 2023 and yesterday's announcement is about a vastly improved one with Akida in it. It will be more energy-efficient etc and since Akidas are only ~$20, it could be that the vast majority of Cupcakes will be this version.
| Flavour | Mini Size | Standard Size |
|---|---|---|
| Fancy Flavours | $32 ($2.67 each) | $50 ($4.17 each) |
| Gluten Free | $35 ($2.92 each) | $55 ($4.58 each) |
| Vegan | $35 ($2.92 each) | $55 ($4.58 each) |
| Gluten Free + Vegan | $40 ($3.33 each) | $60 ($5.00 each) |
It’s always easier for some people to blame a company. I made the experience, that some people are just waiting for issues like this. Just to feel more “confirmed” (is this correct?) about their past postings. Just my personal thoughts
| ||||
|
Thank you FF, when you put it like that it would be stupid to vote for a second strike.Hi All
I know some like to rail against the corporate machine but it does seem that the majority of the anger is directed at Sean Hehir CEO.
The FACT of the matter is that he is clearly meeting the benchmarks given to him by the Board of establishing a global ecosystem of partners and sales opportunities supported by an experienced talented global sales and marketing team.
On the technology development side he has clearly accelerated the development timelines with the introduction of the 18 month development cycle for next generation product aligned with partner and customer requirements.
So from the Board’s perspective he is doing what he was employed to do and though some here and elsewhere are critical of the progress made on income growth the sales team has been booking deals such as EDGX/European Space Commission, VVDN EDGE Box, TATA Elxsi, Renesas, Unigen, MegaChips, Teksun, Socionext etc all of which are marketing AKIDA in the real world.
In short the bottom line is that looking from the outside it is difficult to see any basis for the Board to respond to the disgruntled and remove the CEO particularly when in the real world such action would likely lead to a significant payment for wrongful dismissal.
So what do these unhappy holders do. Threaten a second strike. But will this resolve their problem with the CEO.
Alas no because the pesky little CEO is not removed by a second strike it only affects the Directors.
Regardless in a spirit of butting their heads against the brick wall the second strike occurs and the same Directors are once again elected or even new Directors are elected they will still face a situation where the CEO is performant and his removal would be impossible.
To their dismay the disruption caused by the second strike and the 90 days at least of market uncertainty until the election of Directors takes place crushes the share price in an unprecedented fashion and their woes compound.
So what should these poor unhappy shareholders do?
1. They can write anonymous complaints on social media warning the public against investing because of the terrible CEO. This of course would not be a logical thing to do. It would be like advertising your car for sale and putting a sign on it saying don’t buy this car it’s a dog. No one would do this.
2. They could write to the company expressing their concerns privately in the hope that by pointing out their great expertise and qualifications in the commercialisation of world first technology the Company will take notice and implement their suggestions. Not an option for those who do not have this expertise of course.
3. They could decide to cut their losses and sell and move on to better performing investments.
4. They could as some investors claim to do put their shares in the bottom draw and forget about them on the basis that they have a belief that eventually the Company will prove to be the investment they hoped.
5. Cannot think of a fifth thing to do other than ignore this post and keep on doing what they are doing. Perhaps create some additional profiles on social media so they can appear to speak for a majority of shareholders. This of course would just further blunt market confidence so probably not a sensible option.
By the way Unigen is promoting yesterdays release on their website:
BrainChip and Unigen Partner to Deliver Powerful, Energy-Efficient Edge AI Server - Unigen
BrainChip Holdings Ltd (ASX: BRN, OTCQX: BRCHF, ADR: BCHPY), the world’s first commercial producer of ultra-low power, fully digital, event-based, neuromorphic AI IP, and Unigen Corporation, a global leader in the design and manufacturing of enterprise and industrial electronics, today announced...
My opinion only DYOR
Fact Finder
Merry Christmas to all genuine shareholders
Hi Esq.111
Cupcake - Unigen
Unigen’s Cupcake Edge AI Server delivers a solid platform for Machine Learning and Inference AI in a compact and rugged enclosure. With the right combination of I/O Interfaces and expansion capabilities to capture and process video and multiple types of signals through its POE ports and then to...
Gestalt IT Rundown: Unigen Bakes a Cupcake - Unigen
By Tom Hollingsworth │ Gestalt IT Rundown We were briefed this week by Unigen, a company with over 30 years of experience focused on OEM manufacturing, on a new edge AI server known as Cupcake. This compact edge server might not draw much attention, but it has a few surprises lurking inside...
Hi All
I know some like to rail against the corporate machine but it does seem that the majority of the anger is directed at Sean Hehir CEO.
The FACT of the matter is that he is clearly meeting the benchmarks given to him by the Board of establishing a global ecosystem of partners and sales opportunities supported by an experienced talented global sales and marketing team.
On the technology development side he has clearly accelerated the development timelines with the introduction of the 18 month development cycle for next generation product aligned with partner and customer requirements.
So from the Board’s perspective he is doing what he was employed to do and though some here and elsewhere are critical of the progress made on income growth the sales team has been booking deals such as EDGX/European Space Commission, VVDN EDGE Box, TATA Elxsi, Renesas, Unigen, MegaChips, Teksun, Socionext etc all of which are marketing AKIDA in the real world.
In short the bottom line is that looking from the outside it is difficult to see any basis for the Board to respond to the disgruntled and remove the CEO particularly when in the real world such action would likely lead to a significant payment for wrongful dismissal.
So what do these unhappy holders do. Threaten a second strike. But will this resolve their problem with the CEO.
Alas no because the pesky little CEO is not removed by a second strike it only affects the Directors.
Regardless in a spirit of butting their heads against the brick wall the second strike occurs and the same Directors are once again elected or even new Directors are elected they will still face a situation where the CEO is performant and his removal would be impossible.
To their dismay the disruption caused by the second strike and the 90 days at least of market uncertainty until the election of Directors takes place crushes the share price in an unprecedented fashion and their woes compound.
So what should these poor unhappy shareholders do?
1. They can write anonymous complaints on social media warning the public against investing because of the terrible CEO. This of course would not be a logical thing to do. It would be like advertising your car for sale and putting a sign on it saying don’t buy this car it’s a dog. No one would do this.
2. They could write to the company expressing their concerns privately in the hope that by pointing out their great expertise and qualifications in the commercialisation of world first technology the Company will take notice and implement their suggestions. Not an option for those who do not have this expertise of course.
3. They could decide to cut their losses and sell and move on to better performing investments.
4. They could as some investors claim to do put their shares in the bottom draw and forget about them on the basis that they have a belief that eventually the Company will prove to be the investment they hoped.
5. Cannot think of a fifth thing to do other than ignore this post and keep on doing what they are doing. Perhaps create some additional profiles on social media so they can appear to speak for a majority of shareholders. This of course would just further blunt market confidence so probably not a sensible option.
By the way Unigen is promoting yesterdays release on their website:
BrainChip and Unigen Partner to Deliver Powerful, Energy-Efficient Edge AI Server - Unigen
BrainChip Holdings Ltd (ASX: BRN, OTCQX: BRCHF, ADR: BCHPY), the world’s first commercial producer of ultra-low power, fully digital, event-based, neuromorphic AI IP, and Unigen Corporation, a global leader in the design and manufacturing of enterprise and industrial electronics, today announced...
My opinion only DYOR
Fact Finder
Merry Christmas to all genuine shareholders
omnibuds.tech
looks like tse has been infiltrated. Great post as always. Hope you are well FF. Merry ChristmasHi All
I know some like to rail against the corporate machine but it does seem that the majority of the anger is directed at Sean Hehir CEO.
The FACT of the matter is that he is clearly meeting the benchmarks given to him by the Board of establishing a global ecosystem of partners and sales opportunities supported by an experienced talented global sales and marketing team.
On the technology development side he has clearly accelerated the development timelines with the introduction of the 18 month development cycle for next generation product aligned with partner and customer requirements.
So from the Board’s perspective he is doing what he was employed to do and though some here and elsewhere are critical of the progress made on income growth the sales team has been booking deals such as EDGX/European Space Commission, VVDN EDGE Box, TATA Elxsi, Renesas, Unigen, MegaChips, Teksun, Socionext etc all of which are marketing AKIDA in the real world.
In short the bottom line is that looking from the outside it is difficult to see any basis for the Board to respond to the disgruntled and remove the CEO particularly when in the real world such action would likely lead to a significant payment for wrongful dismissal.
So what do these unhappy holders do. Threaten a second strike. But will this resolve their problem with the CEO.
Alas no because the pesky little CEO is not removed by a second strike it only affects the Directors.
Regardless in a spirit of butting their heads against the brick wall the second strike occurs and the same Directors are once again elected or even new Directors are elected they will still face a situation where the CEO is performant and his removal would be impossible.
To their dismay the disruption caused by the second strike and the 90 days at least of market uncertainty until the election of Directors takes place crushes the share price in an unprecedented fashion and their woes compound.
So what should these poor unhappy shareholders do?
1. They can write anonymous complaints on social media warning the public against investing because of the terrible CEO. This of course would not be a logical thing to do. It would be like advertising your car for sale and putting a sign on it saying don’t buy this car it’s a dog. No one would do this.
2. They could write to the company expressing their concerns privately in the hope that by pointing out their great expertise and qualifications in the commercialisation of world first technology the Company will take notice and implement their suggestions. Not an option for those who do not have this expertise of course.
3. They could decide to cut their losses and sell and move on to better performing investments.
4. They could as some investors claim to do put their shares in the bottom draw and forget about them on the basis that they have a belief that eventually the Company will prove to be the investment they hoped.
5. Cannot think of a fifth thing to do other than ignore this post and keep on doing what they are doing. Perhaps create some additional profiles on social media so they can appear to speak for a majority of shareholders. This of course would just further blunt market confidence so probably not a sensible option.
By the way Unigen is promoting yesterdays release on their website:
BrainChip and Unigen Partner to Deliver Powerful, Energy-Efficient Edge AI Server - Unigen
BrainChip Holdings Ltd (ASX: BRN, OTCQX: BRCHF, ADR: BCHPY), the world’s first commercial producer of ultra-low power, fully digital, event-based, neuromorphic AI IP, and Unigen Corporation, a global leader in the design and manufacturing of enterprise and industrial electronics, today announced...
My opinion only DYOR
Fact Finder
Merry Christmas to all genuine shareholders
