Weather you hold a little or a lot, if you've held for over 2 to 3 years, you're entitled to feel pissed off. BRN management have made several public statements over that timeframe indicating that revenue is imminent. Most recently, Sean stated that the company is on the cusp of significant revenue streams. There's a pattern of building up hopeful shareholders and not delivering. You shouldn't be moderating those who feel legitimately pissed off with repeated delays in meaningful revenue. The opportunity cost for long term holders with funds locked in, collectively, is enormous.
BRN Discussion Ongoing
- Thread starter TechGirl
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7für7
Top 20
I don’t have problems with people who are disappointed because they thought they would see significant revenue this year. However, if you follow the AI edge segment, you will find many reports predicting significant developments from 2025 onwards. What I have an issue with are the people who come here and make nonsensical statements like “Sean should be fired,” or “he shouldn’t get any more shares,” or “fire him and her and him.”
I've said it often: we cannot change anything here. So why don't you go to the BrainChip headquarters, phone them, or write an email directly? I’ll tell you why not: because these are the type of guys who watch a football match and complain about the players on the field while they sit on the couch, drinking beer, unable to move because of their weight. Best examples are from crapper T&J tball the dean etc …
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Pom down under
Top 20
Pom down under
Top 20
Can't help to think (and now finally realise) that we are invested in the VERY early phase of the technology and it's potential.
The information provided in the accompanying SPP document clearly highlights that the money raised is intended for further (research and) development.
Nothing suggests that it would be spent on anything else.
Customers seem to be hesitant on signing deals because overall, the tech is at its early infancy and I assume some are looking at all options (not just Akida).
So what needs to be done then??
If the company is continuing carrying out its business as is, then I am not holding my breath for any significant revenue this year or next.
The information provided in the accompanying SPP document clearly highlights that the money raised is intended for further (research and) development.
Nothing suggests that it would be spent on anything else.
Customers seem to be hesitant on signing deals because overall, the tech is at its early infancy and I assume some are looking at all options (not just Akida).
So what needs to be done then??
If the company is continuing carrying out its business as is, then I am not holding my breath for any significant revenue this year or next.
I received an email from BRN some time ago which was very encouraging concerning our future. I will quote part of the email below. The part i quote is not sensitive as the sender he keeps repeating the message.
If any posters have received the same words of encouragement please let the forum know. I bet there are plenty as that is what repeatedly infers.
"As I’ve repeatedly said, its not a matter of if we’re successful, it’s a matter of when.
I hope it won’t be too long before we can demonstrate that success.
In the meantime, thank you for your patience and your message of support."
My bold.
If any posters have received the same words of encouragement please let the forum know. I bet there are plenty as that is what repeatedly infers.
"As I’ve repeatedly said, its not a matter of if we’re successful, it’s a matter of when.
I hope it won’t be too long before we can demonstrate that success.
In the meantime, thank you for your patience and your message of support."
My bold.
Deadpool
Did someone say KFC
wow, your on fire DKCan't have a civilised discussion anymore.
KMuzza
Mad Scientist
Hi there Chippers-
There has been a lot of talk about SAMSUNG of late - well just maybe a bit of BRN - IP - in this - yes Samsung has the new EQ8 AI Gen # Processor - and it has been mentioned before on this forum - no dot joining as "Sony patents" do not as yet show up- as to early-!!!!!
But who is doing - " EDGE AI - powered processor uses neural Networks to learn "
There has been a lot of talk about SAMSUNG of late - well just maybe a bit of BRN - IP - in this - yes Samsung has the new EQ8 AI Gen # Processor - and it has been mentioned before on this forum - no dot joining as "Sony patents" do not as yet show up- as to early-!!!!!
But who is doing - " EDGE AI - powered processor uses neural Networks to learn "
KMuzza
Mad Scientist
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Fullmoonfever
Top 20
Wouldn't mind being in the cognitive AI part of this solution.
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cosors
👀
I thought so too, but there is a counterexample:
...Anson is not a straight line to 0.23
DingoBorat
Slim
Reporting short positions isn't "enforced" by either the ASX or ASIC.
So whatever figures are or aren't given to indicate "no increase" "a steady increase" "a strong drop" or whatever, are just further tools for them to manipulate market perception, really...
Hard to figure out how the game is being played, when the participants don't "need" to follow any rules and the the so called "umpires" are on a perpetual coffee break, stuffing donuts and other "objects" down their throats.
cosors
👀
This is one of the reasons why I advise young or new investors here not to buy ASX shares if they do not have experience.
To be honest, if I'd had my experience back then and had known apart from this issue above that the pensions of an entire state was attached to it and that it was a completely different playing field to what we're used to here in Europe, then I would never have seriously invested at the ASX.
I was warned to invest in South Korea
I can only smile. They have a handle on the economic damage of shorting.
I don't even want to know how much the Chinese control your stock market in the background.
I don't care about that now. I have made my choice for StartUps and will finish reading my novels.
The ASX seems to me to be the opposite of a transparent stock exchange where I personally would want to see my pension.
But I don't want to be provocative and have little idea what it's really like. Just a naive view from the other side of the world.
___
Essentially I have four ASX start-ups. Three have a tec or resource that stinks China.
The fourth has fallen to 0.23% shorts (ASN). Not only are they largely owned by a Chinese investor, but one of their tecs is Chinese IP and this in the heart of the USA.)
Without ulterior motives... LoL
It's just that as a foreigner I can't see how your policies are protecting your stock market or pensions.
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cosors
👀
And yes, spelling mistakes and that again and again are not good and cannot be debated away.
For me, the last one wasn't so dramatic because I like the abbreviation. BRD stands for Federal Republic of Germany (Bundesrepublik Deutschland) and is a loved term for me after our reunification. BRD says it all.
I know that doesn't help - LoL
For me, the last one wasn't so dramatic because I like the abbreviation. BRD stands for Federal Republic of Germany (Bundesrepublik Deutschland) and is a loved term for me after our reunification. BRD says it all.
I know that doesn't help - LoL
Investig8ed
Regular
Has anyone participated in the CR through AusSuper, if so how did you do it. All I received was an email with no links and can't find anything on the app.
rgupta
Regular
Management is not responsible for their remarks unless they come out and provide us a forward looking statement. Without the same everything else is smoke.
Directors are judged in board meetings depending what they committed to BODs and if BOD get revenue update and they feel satisfy they will release the same for retail holders as well.
I am not expecting anything for at least next one year. I was thinking like you before last CR but now it looks like the experiment phase is still not finishing.
Dyor
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