BRN Discussion Ongoing

[Schnitzel lover]

Hi The Pope
Not sure if you have taken negative pills or sadly need to see my optometrist or eye surgeon but read this paragraph again as I do not read it as meaning what you have determined:

"When or if an IP License agreement is signed, Sean has already publicly stated that a 7 digit figure is involved, he has also stated a number
of times that the signing of an IP License is very early on in the process, so how can they forward "guess" how many IP Licenses will be
secured over the next 3-5 year period ?...they can't !"

All I understood from this paragraph was that Brainchip cannot issue guidance about how many IP licences will be signed with customers as they cannot predict what a potential target customer may or may not decide to do next week let alone 3 to 5 years ahead.

I believe that Tech would agree with you that a target customer could jump and sign on Tuesday or Wednesday next week or not or at any time over the next 12 months.

Indeed if you go back to 2020 and the interview with Mr. Dinardo after the trading halt to announce Renesas taking the IP licence for two nodes he actually stated it came out of the blue as Renesas decided to move much more quickly than Brainchip ever imagined.

We have also heard the opposite side of this coin that target customers are taking longer than they have ever imagined in part due to chip shortages and economic uncertainties.

We have also heard that target customers have gone through the whole process of testing and confirmed that Brainchip have won the design process only to have companies close down the division that Brainchip was dealing with before the IP licence could be signed.

We even have the known fact that Megachips can be selling IP licences to target customers and the only evidence that we might have of it occurring is when money turns up in a 4C report to shareholders.

All this before we consider the stated fact by the Chair at the AGM that they are very flexible with their sales model and so as Diogenese has stated on many occasions they may proceed as partners with a target customer first off and the IP licence may be dealt with in such a manner as to not involve a reportable upfront financial payment but be amortized over the product life as Brainchip shares in the sales proceeds if the product is successful. I personally suspect that this is the arrangement they have with Tata Elxsi and Socionext.

My opinion only DYOR including confirming that my view of what Tech is saying is correct.
Fact Finder

Even so, they’ve emphasises that Akida 1000 as a concept chip.. And edge box as a rasberry pi Mach 2.

So where is the revenue going to appear from if Gen 1 is concept, Gen 2 is in R&D with IP potentially amortised?

I think I’ll stick with the chart first which currently suggests more patience is required for any shareholder positive confirmation in the absence of any concrete fundamental Revenue or New paying customer changes.

 

[David holland]

Hi Chris,

So we get Gen 2 evaluation, a string of new IP deals over the coming 6-12 months, in 3-4 years a few designs and products stick, in turn producing royalties in 4-5 years.

Are you satisfied as an investor with that as the current state of play? That BRN may need to navigate a global depression before its technology gets any meaningful market share?

If as an investor you work from worse case scenario backwards, it’s not ridiculous to assume that Akida 1000 will not directly produce any meaning commercially significant revenue. After all, no company has seen it worthy of signing an IP deal on it for over 2 years now..

I'm back
Akida 2000 was designed by demand of its customers,
I'm predicting they asked for it, it's now time to sign on the dotted line but im not holding my breath,

 

[Damo4]

I'm done on this page

I'm back

 

[Pom down under]

I'm back
Akida 2000 was designed by demand of its customers,
I'm predicting they asked for it, it's now time to sign on the dotted line but im not holding my breath,

Happy new year and just

 

[Pom down under]

I’m so glad you’re back. Here’s hoping you have the last word for 2023.

 

[DingoBorat]

Even so, they’ve emphasises that Akida 1000 as a concept chip.. And edge box as a rasberry pi Mach 2.

So where is the revenue going to appear from if Gen 1 is concept, Gen 2 is in R&D with IP potentially amortised?

I think I’ll stick with the chart first which currently suggests more patience is required for any shareholder positive confirmation in the absence of any concrete fundamental Revenue or New paying customer changes.

Quite a few simple spelling errors etc, there Schnitzel lover..

Not normally the type to point such things out, as communication is the most important thing and we all have different backgrounds etc..

In your case though, I think you may have started your New Year's Eve celebrations, a little early?..

And a Happy New Year to all, by the way

 

[David holland]

Happy new year and just

















































View attachment 53122

Richard head

 

[CHIPS]

Hi, was just looking at BRN website and noticed this image of a Lidar auto vacuum cleaner.

View attachment 53100
so did a search and found this very similar product from Dreame which certainly fits our MO
View attachment 53101

and in the company spiel they are connected with this little company called Xiaomi. who does have a previous connection to Renesas.

View attachment 53103
It could be just a stock photo, could be nothing could be something, time will tell I suppose.

and in the company spiel they are connected with this little company called Xiaomi. who does have a previous connection to Renesas.

Xiaomi is not a little company at all!!! They have a good reputation. I own one of the smartphones and also have a vacuum cleaner.
They sell cell phones without a contract.
Xiaomi is a privately held company that designs, develops, and sells smartphones, an Android-based operating system, and other consumer electronics. Xiaomi also makes fitness trackers, TVs, air purifiers, and tablets.

Annual turnover 2023: The smartphone maker's revenue came in at 70.9 billion yuan ($9.83 billion), beating the average estimate of 70.2 billion yuan from 13 analysts surveyed by LSEG.

At the end of 2022, Xiaomi Corporation employed around 32,500 people worldwide. Last year, Xiaomi's workforce was around 33,400 worldwide.

Not small at all!

 

[wilzy123]

Richard head

I bet you thought you were clever (in the 80s).

 

[Ian]

Hey numb nuts I'm done on this page, good luck with your investment folks

 

[Deadpool]

Xiaomi is not a little company at all!!! They have a good reputation. I own one of the smartphones and also have a vacuum cleaner.
They sell cell phones without a contract.
Xiaomi is a privately held company that designs, develops, and sells smartphones, an Android-based operating system, and other consumer electronics. Xiaomi also makes fitness trackers, TVs, air purifiers, and tablets.

Annual turnover 2023: The smartphone maker's revenue came in at 70.9 billion yuan ($9.83 billion), beating the average estimate of 70.2 billion yuan from 13 analysts surveyed by LSEG.

At the end of 2022, Xiaomi Corporation employed around 32,500 people worldwide. Last year, Xiaomi's workforce was around 33,400 worldwide.

Not small at all!

I was being funny they also now make cars

 

[MDhere]

I'm back
Akida 2000 was designed by demand of its customers,
I'm predicting they asked for it, it's now time to sign on the dotted line but im not holding my breath,

Hi David that didn't take u long at all to come back... i agree holding yr breath probably isn't a great idea especially if you own shares as i would expect that you want to enjoy the fruits of yr investment.
I once was dreaming and was holding my breath for real as i thought i was atuck underwater, i can tell you that it wasnt a pleasant experience and to shake out of the dream and breath in time i thanked me lucky stars!
Great times are coming and there wil be no holding your breath!.

 

[wilzy123]

Hi David that didn't take u long at all to come back... i agree holding yr breath probably isn't a great idea especially if you own shares as i would expect that you want to enjoy the fruits of yr investment.
I once was dreaming and was holding my breath for real as i thought i was atuck underwater, i can tell you that it wasnt a pleasant experience and to shake out of the dream and breath in time i thanked me lucky stars!
Great times are coming and there wil be no holding your breath!.

To be fair, it did say that it was "done on this page" and then returned on another TSE page. Maybe that was another joke like "Richard Head" from its 80's playbook. In any case, I am still impressed by its ability to use a keyboard.

 

[DerAktienDude]

@DerAktienDude ... can you please translate this for us

Given that you’re arguing with strangers at 9pm on a Saturday in a forum online you seem to have sufficient time doing that for yourself

 

[Fullmoonfever]

I know there's been some discussion on potential links to CSIRO via the Circle 8 / AVID connection but this March 2023 report says they are definitely aware of us

Is only a mention, but an awareness none the less.

Not midnight here so will wait for tomoz for the traditional message... superstitious much

Long report HERE but we only in the mention below.

Scoping the Digital Innovation
Opportunity for Energy
Productivity in Non-
Residential Buildings

Stephen White (CSIRO Energy)
Grace Foo, Paige Rottcher and Paul Bannister (DeltaQ Pty Ltd)
3 March 2023
Conducted in fulfilment of contract PRI-00004295
‘Digitalisation Opportunity Research’ for the Commonwealth Department
of Climate Change, Energy, the Environment and Water


Excerpt:

A wide range of other Australian companies are driving cutting edge digital innovations that are relevant for smart buildings, even if not directly targeting energy productivity. Some of these companies (not exhaustive) include Brainchip, Daintree (now part of GE), icetana, iOmniscient, Nirovision, XYSense.

 

[jtardif999]

Hi Chris,

So we get Gen 2 evaluation, a string of new IP deals over the coming 6-12 months, in 3-4 years a few designs and products stick, in turn producing royalties in 4-5 years.

Are you satisfied as an investor with that as the current state of play? That BRN may need to navigate a global depression before its technology gets any meaningful market share?

If as an investor you work from worse case scenario backwards, it’s not ridiculous to assume that Akida 1000 will not directly produce any meaning commercially significant revenue. After all, no company has seen it worthy of signing an IP deal on it for over 2 years now..

…Incorrect, Megachips signed off on $4M of Akida 1000 licensing in the first half of 2022 for the design and implementation of the IP into some high-end customer products.

 

[jtardif999]

Even so, they’ve emphasises that Akida 1000 as a concept chip.. And edge box as a rasberry pi Mach 2.

So where is the revenue going to appear from if Gen 1 is concept, Gen 2 is in R&D with IP potentially amortised?

I think I’ll stick with the chart first which currently suggests more patience is required for any shareholder positive confirmation in the absence of any concrete fundamental Revenue or New paying customer changes.

Akida 1000 is not a concept, it was commercialised in 2021 - chips were produced to prove to EAPs the tech works and is not science fiction. EAPs could then confidently invest in integrating the IP into their products when and if time is right to do so. When that is is complicated by many things including the amount they have already invested in AI tech that just works and the amount of change required to leverage Akida, which would vary depending on the use case(s).

 

[Dallas]

Ich wünsche Ihnen allen ein gesundes und glückliches neues Jahr

 

[jtardif999]

Happy 2024 everyone, Valeo, Renesas and Mercedes are described by BRN as ‘Early Adopters’ of the Akida IP back in 2020. Here’s to hoping 2024 is the year we see that adoption bare some fruit. GLTAH.

 

[Frank Zappa]

Hey numb nuts I'm done on this page, good luck with your investment folks

You have posted that before but you find a need to return , which is a good thing . I find that we pass on some level headed. quite informative information on our investment . If you ignore those who irritate you you may find visiting the site far more enjoyable .When the price rises again , you will find visiting here a real joy -discussing Mercedes models we are going to purchase a mansions that we will buy and settle into . Just a flat spot David . This guy from Intel has got his act together. Just my opinion mate