I don’t know about you but I’m not a day trader or something… people loose their money by overreacting selling low because of irrational thoughts… I don’t care about what is now… i still think we can get a nice turnaround
BRN Discussion Ongoing
- Thread starter TechGirl
- Start date
Rangersman
Member
Again people here get all excited with no reason. Wild theories with no foundation in fact. Creating an emotional roller coaster for themselves. Why? Company said it was a credit raise and that is exactly what it was.
Fullmoonfever
Top 20
Me with the BRN team....let you guess which one I am 
TheDrooben
Pretty Pretty Pretty Pretty Good
A bit eachway with the CR........on the one hand extra $25M in the kitty at a very small discount to VWAP - many CR are conducted at a 20-30% discount and also an Insto willing to get in at that small discount as well is positive IMO. Small carrot for us retail holders - I think it will be oversubscribed and they will raise more than the $3M. The risk section of the presentation is standard for annual reports and half-yearly reports anyway so if you have been reading them you should know the risks. Would have liked to have seen some commentary on the progress of IP deals but the advancement of TENNS etc might be key to landing these deals........
Anyway Larry is a bit....
Anyway Larry is a bit....
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GDJR69
Regular
I don't think that is what is concerning people. What is concerning people is the fact that we need a CR years after we were told that the product would achieve 'explosive sales' and years after Sean said in an AGM that we would achieve enough revenue to cover our costs by the end of the year. The headwinds excuse only holds so far. Maybe we need to trim our sails to the direction of the wind? It's time we had some positive news from the company and some meaningful customer engagement.
MadMayHam | 合氣道
Regular
... which brings me back to my point above
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I’m in the same boat, been here 5+ years and have been overall happy up to a point that’s quickly approaching. Is it that companies are happy to “play” with the technology but then decide to move forward and develop their own in-house solutions ?
Either way it would appear, with the limited information provided, and the opinion of the market, that management are somewhat misguided in their plan to financial success.
GDJR69
Regular
It could be
I am coming to the opinion that Sean has to go and a new strategy is needed. The current strategy clearly is not working. And why can't they close these sales? They say they are close, but they have actually been saying that for over 12 months now. What is actually going on?
Bravo
If ARM was an arm, BRN would be its biceps💪!
... which brings me back to my point above
So long as you're looking at options for a new CEO, I may as well throw my hat in the ring. It can't get much worse than it is already, plus if I was the boss I'd give everyone a mental health day off work today.
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Great news from Sean and the company.
I have to repeat myself again here, but this is a long-term game. Anyone who thinks that this 4C would have significant revenue is foolish and should take a hard look at themselves.
It is critical and important that we continue to develop and broaden our technology portfolio.
Money spent now will ensure that we continue to lead the AI on the edge race!
I'd like to congratulate Sean for keeping the ship straight and continuing with our goals.
AKIDA BALLISTA
Not advice.
I have to repeat myself again here, but this is a long-term game. Anyone who thinks that this 4C would have significant revenue is foolish and should take a hard look at themselves.
It is critical and important that we continue to develop and broaden our technology portfolio.
Money spent now will ensure that we continue to lead the AI on the edge race!
I'd like to congratulate Sean for keeping the ship straight and continuing with our goals.
AKIDA BALLISTA
Not advice.
GDJR69
Regular
I'm with you Bravo, things not at all going the way we'd hoped. "Sean out" is the view I have reluctantly come to after so many broken promises and predictions that have not come to pass. Better now than before it is too late. Anything for some improvement. A CEO that identifies themself as a cat is even worth trying at this rather desperate point. Not happy today
Unclederek
Emerged
Is it possible that one of the EAPs has taken a small stake in our company
AARONASX
Holding onto what I've got
Maybe, I am going to avoid specutions as only leads to my disappoint, but I for one would and would think sharing that as a priority to the market so as not to piss off your investors any more than your have already....example we gave 25 mil away in a CR to Apple, I would be happy then, even if it was 50mil. IMO
It’s good to express your feelings… go ahead, say what’s bothering you. Better than keeping it inside. However, I believe that we personally can't do anything about the situation… neither you, him, her, nor I are to blame or have any influence over the development. In the end, there are only three options: hold, buy, or sell, and vote accordingly. Sure, you could apply for a position with the advantage of saying, “I’m a BrainChip shareholder and have a vested interest in a profitable company.” So, vent for a day and let’s get back to business.
Edit: 4 options
Edit: 4 options
Here are the links of today’s announcement for everyone who don’t want to search by himself
Bravo
If ARM was an arm, BRN would be its biceps💪!
If you were going to increase your holding, wouldn't you just buy now at 18.5 cents instead of 19.3 cents?
FiveBucks
Regular
Definitely not a day trader. I've been on this rollercoaster for years.
If I own 1 share for 20 cents in a company worth 1 dollar. That company increases in value to $5 and the value of my share is now $1.
With the credit raise, my share in the company (with the company value at $1) has gone from 20 cents to 19 cents. So if the company increases to a $5 market cap, my holding is only worth 95 cents, not $1.
Dilution.
Unfortunately, all of our shares are worth less now, regardless of people selling etc and the share price dropping as a result.
In the immortal words of Mr Creosote "I'll have the lot!"
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