BRN Discussion Ongoing

[SharesForBrekky]

From the good guys.

View attachment 61826

Looks like Brainchip are selling loaves of bread and cheese rolls now. In previous times Brainchip were very much into selling coffee and burgers

 

[Rach2512]

Apple of my AI

What's Apple's endgame for AI?

logicbombs.substack.com

Any thoughts on this?

 

[IloveLamp]

Vibration Classification with BrainChip's Akida | Expert Projects

docs.edgeimpulse.com

Edge Impulse on LinkedIn: Vibration Classification with BrainChip's Akida | Expert Projects

In this new project by Joshua Buck, learn how to monitor machine health and build a predictive maintenance solution that can detect abnormal patterns, using a…

www.linkedin.com

 

[DK6161]

Apple of my AI

What's Apple's endgame for AI?

logicbombs.substack.com

Any thoughts on this?

Yes I think Apple is definitely working with us. Sean will reveal this in the AGM.

Definitely not advice.

 

[Smoothsailing]

Yes I think Apple is definitely working with us. Sean will reveal this in the AGM.

Definitely not advice.

Apple we should be in with all the 3 year lead hype Or are we a lemon ?. One would assume if Apple are announcing in June then we should have a some kind of agreement with someone by now.

 

[Cardpro]

I have nothing against different opinions. But what some people are trying to do here (the ones you're now trying to defend) is to influence others with their negativity. It's not just a normal opinion, it’s more like: "SAY NO IN THE VOTING... I VOTE NO! COME ON, WHO'S WITH ME? Say NO!" That's manipulating... all that's missing are pitchforks and torches like in the dark ages during the witch hunts!

And I'm not pushing, I just won't let the grumps take over here! I never said "AKIDA IS INVOLVED IN EVERYTHING RELATED TO AI!!! BUY SHARES... BUY ALL THE SHARES, COME ON, COME ON"
Don't exaggerate by accusing me of something that's not true. Many have put me on ignore because I was too anti-brainchip in some statements... such as when I said I don't like it when everything related to AI is immediately associated with BrainChip. As you can see, I'm not a pusher! Over and out

Lol, just read what wrote earlier. Like you mentioned, ranting and complaining here won't really affect the stock price so don't be too scared lol

I'm writing because I am frustrated as I can't understand how they can spend so much money yet still not land any new IP deals. They keep insisting that the timeline for landing IP deals takes long long time and say it asif the investors haven't waited for long time but I'm puzzled by the years-long gap since our last deal. If we were able to sell two years ago with fewer partnerships, supporting fewer ecosystems, and somewhat inferior product, why can't we secure any new contracts now? We joined multiple eco systems, formed partnerships, etc. It reminds me of BrainStudio, fpga/accelerator IMO

I truely hope, perhaps in couple of months or even in years time, you tell me "see? I was right!!"...

 

[AARONASX]

Like i mentioned yesterday, 2.3 mil Restricted stock units for doing what?

 

[Quatrojos]

Like i mentioned yesterday, 2.3 mil Restricted stock units for doing what?

View attachment 61831

Minimisation of grammatical and spelling errors in the quarterly.

 

[AARONASX]

Minimisation of grammatical and spelling errors in the quarterly.

well, I can't argue with that.

 

[toasty]

Like i mentioned yesterday, 2.3 mil Restricted stock units for doing what?

View attachment 61831

Agreed. Don't feel like I can support this continued process of reward with no idea of why its being given. Info on why is long overdue, particularly as "watching the financials" doesn't tell us anything - except that there's no visible commercial results forthcoming.

And another thought, do these guys generate budgets? Don't remember ever hearing about that?

 

[Kachoo]

Like i mentioned yesterday, 2.3 mil Restricted stock units for doing what?

View attachment 61831

If you read the report no senior management are receiving these shares. It's likely for the employees. Maybe they have achieved some performance measurement.

This is not reflecting my disappointment on many other aspects of what had happened so far

 

[Pom down under]

Like i mentioned yesterday, 2.3 mil Restricted stock units for doing what?

View attachment 61831

Think they are taking the piss now.

So it’s a big fat no from me now

 

[Dr E Brown]

Agreed. Don't feel like I can support this continued process of reward with no idea of why its being given. Info on why is long overdue, particularly as "watching the financials" doesn't tell us anything - except that there's no visible commercial results forthcoming.

And another thought, do these guys generate budgets? Don't remember ever hearing about that?

Maybe related to the number of new ecosystem partners. Maybe related to Akida 2.0 success, maybe related to the number of new engagements leading to new projects. Maybe related to the successful implementation in a space project. What about cost management while trying to close deals. These are just off the top of my head.
There are many reasons why bonuses are paid and not just related to the CEO. The board need to sign off against predetermined measures, not just on a whim.
Those here who are ranting, have a point to a degree, especially relating to timelines. However, the thought put in by some is almost none existent, and demonstrates a complete lack of understanding of the business.
The same with looking for ASX announcements. The company has been warned re: fluff announcements. Companies can no longer put out market sensitive announcements without some financial figures. So they update the ASX on their operations, partnerships through commentary on quarterlies, semi-annual and annual reports. It’s the world we live in.
In my humble opinion, the team have done an exceptional job to get us to where we now are and I firmly believe there is huge internal pressure to sign off on deals. I believe the company is being well run and being well positioned not to be a Beta.
How the hell do we attract top executives if we are a tinpot company!
As always DYOR.

 

[MrNick]

well, I can't argue with that.

N3Itha k4n aye.

 

[manny100]

No to sack the board now is to give us some hope of a change of direction between 2-3years of money left to draw down. I tend to disagree with what percentage it will take to give the board a shake. Not every board change brings disaster sometimes shares do go up after a board spill. Sometimes it’s seen as a huge positive. Sean himself said Judge me by the financials well I have. He won’t give us a timeline to judge him by So what are we to do. There is no use changing the board once we have run out of money therefore hopefully by doing so the management when the money has run out. Have they told us anything we can gage future earning on NOPE how many units of the products they have to sell on their website NOPE, What are the milestones that have to be reached before bonus are paid NOPE all easy questions to answer won’t disclose anything behind NDA’S.
Last time I questioned the loveable TD about their bonuses and what they had done to warrant them,he hung up on me. On a shareholder with just over 500k of shares BUNCH OF ENTITLED 69ers

Sean has said 2025 during an investment presentation for revenue.
A complete spill would see a lot of management go so we would be back to square 1.
Also the industry, clients and the market would see us as unstable.

 

[DK6161]

Like i mentioned yesterday, 2.3 mil Restricted stock units for doing what?

View attachment 61831

Podcasts.
Those are our achievements.
Bonus to all involved

 

[Jefwilto]

Lol, just read what wrote earlier. Like you mentioned, ranting and complaining here won't really affect the stock price so don't be too scared lol

I'm writing because I am frustrated as I can't understand how they can spend so much money yet still not land any new IP deals. They keep insisting that the timeline for landing IP deals takes long long time and say it asif the investors haven't waited for long time but I'm puzzled by the years-long gap since our last deal. If we were able to sell two years ago with fewer partnerships, supporting fewer ecosystems, and somewhat inferior product, why can't we secure any new contracts now? We joined multiple eco systems, formed partnerships, etc. It reminds me of BrainStudio, fpga/accelerator IMO

I truely hope, perhaps in couple of months or even in years time, you tell me "see? I was right!!"...

Hi Cardpro,maybe we have new IP deals,that cant be made public, as they are under NDA,and the monetary value of the IP is unquantifiable,so we will just have to wait patiently for money to appear in our account

 

[Dr E Brown]

No to sack the board now is to give us some hope of a change of direction between 2-3years of money left to draw down. I tend to disagree with what percentage it will take to give the board a shake. Not every board change brings disaster sometimes shares do go up after a board spill. Sometimes it’s seen as a huge positive. Sean himself said Judge me by the financials well I have. He won’t give us a timeline to judge him by So what are we to do. There is no use changing the board once we have run out of money therefore hopefully by doing so the management when the money has run out. Have they told us anything we can gage future earning on NOPE how many units of the products they have to sell on their website NOPE, What are the milestones that have to be reached before bonus are paid NOPE all easy questions to answer won’t disclose anything behind NDA’S.
Last time I questioned the loveable TD about their bonuses and what they had done to warrant them,he hung up on me. On a shareholder with just over 500k of shares BUNCH OF ENTITLED 69ers

A perfect example of a rant with barely any thought behind it. Based upon your last sentence written by an entitled 69er.

What are the implications of a spill with respect to ongoing operations, company engagements or financial backing for the company?
As a customer how would you view the complete disruption of the leadership team.
The spill would be triggered by a vote against the remuneration of employees - what are possible ramifications of attracting top talent to the company when they do due diligence, in a very tight market for credible, intelligent, driven individuals in the semiconductor industry?
How long does it take to attract new directors, and then how long does it take to get them upto speed?
How much money will that cost in terms of employment or potential lost opportunity?
In my opinion, at this stage of the companies life, a second strike would almost kill the company.

 

[Damo4]

Hi all,

I'm starting a new computing company, primarily focussing on selling IP to a large ecosystem.
I have a new product that no one else can replicate to our scale and energy requirements, has edge learning, as well 30+ patents that block other companies from doing it my way. I also already have the silicon to back it up, + future generations started and completed and a roadmap for more to come. I've also secured funding for the foreseeable future to cover any operating costs (not for you though, more on that later).

My goal though is not to get the product out to the market ubiquitously and maintain my estimated 3-5 year lead, but to MAXIMISE SHAREHOLDER VALUE! This means fluff ASX announcements, breaking NDA's (why would my clients mind?), making uneducated guesses about future revenue but at the same time not saying anything that might give anyone any hope that we are on track.
Impossible right? Not for us, you all are full of insight and experience in making this exact business model work!

This is where you come in!
As experts in the field of IP sales, you can all join me in maximising shareholder value alone.
The best part, is that you get to do it for minimum wage!
That's right - sell some IP? No bonus!
Create new engineering designs and PoC? No Bonus!
Create partnerships and collaborations with industry leaders? No bonus!
Publish and receive approval for crucial patents? No bonus!
Find ways to sell our engineering samples and PoCs, whilst getting our product into prospect hands? No bonus!
Increase market awareness and all but create a new market for our product? You guessed it - No bonus!

Finally we all hate the idea of Share holders experiencing dilution. It may be small, and even smaller to a specific holder, but it's the devils work.
This of course means there ZERO reason to award RSUs/Performance Rights to you.
We don't need you to align your values with the company by giving you some skin in the game.
Next time you have a large tax bill, just remember the shareholders and your problems will magically disappear.

So who's signing up?

 

[Pom down under]

Hi all,

I'm starting a new computing company, primarily focussing on selling IP to a large ecosystem.
I have a new product that no one else can replicate to our scale and energy requirements, has edge learning, as well 30+ patents that block other companies from doing it my way. I also already have the silicon to back it up, + future generations started and completed and a roadmap for more to come. I've also secured funding for the foreseeable future to cover any operating costs (not for you though, more on that later).

My goal though is not to get the product out to the market ubiquitously and maintain my estimated 3-5 year lead, but to MAXIMISE SHAREHOLDER VALUE! This means fluff ASX announcements, breaking NDA's (why would my clients mind?), making uneducated guesses about future revenue but at the same time not saying anything that might give anyone any hope that we are on track.
Impossible right? Not for us, you all are full of insight and experience in making this exact business model work!

This is where you come in!
As experts in the field of IP sales, you can all join me in maximising shareholder value alone.
The best part, is that you get to do it for minimum wage!
That's right - sell some IP? No bonus!
Create new engineering designs and PoC? No Bonus!
Create partnerships and collaborations with industry leaders? No bonus!
Publish and receive approval for crucial patents? No bonus!
Find ways to sell our engineering samples and PoCs, whilst getting our product into prospect hands? No bonus!
Increase market awareness and all but create a new market for our product? You guessed it - No bonus!

Finally we all hate the idea of Share holders experiencing dilution. It may be small, and even smaller to a specific holder, but it's the devils work.
This of course means there ZERO reason to award RSUs/Performance Rights to you.
We don't need you to align your values with the company by giving you some skin in the game.
Next time you have a large tax bill, just remember the shareholders and your problems will magically disappear.

So who's signing up?