BRN Discussion Ongoing

[7für7]

Catching up on some older posts…







The way I understand it:
Shareholders will NOT be eligible to participate in the SPP, unless they have a registered address in either Australia or New Zealand.
(It is not about nationality, though.)

You need to read your bank’s notification carefully!
This is what Consorsbank sent me - they explicitly note that it is your own duty to check in advance whether or not you are eligible to participate in the SPP, as they won’t do it (“Wir werden dahingehend keine Überprüfung vornehmen.”) and thus can’t be held liable.

They will, however, block the amount of money equivalent to your share purchase, once you have submitted your application form, so this sum won’t be at your disposal until BrainChip will have notified your bank that they won’t accept your order. (Not to mention possibly still charge you transaction fees.)

While it may feel unfair to be “discriminated against” for not having a registered address in either or , the upside is, there is no need whatsoever for affected shareholders to have a guilty conscience when buying from anonymous strangers on the open market instead, which will currently get you quite a few additional shares compared to the fixed SPP issue price of A$0.193!

No financial advice, though.


View attachment 67798


View attachment 67799
View attachment 67800
View attachment 67802

I personally did not mean nationality. The text clearly states 'Register address Australia or New Zealand.' So if I, coming from Germany, say 'I thought the offer was only for New Zealanders and Australians,' it should be clear what I mean. That’s why I wondered. By the way.. my bank still didn’t send me an offer. Thank god, I could buy cheaper by the free market!

 

[TECH]

Good morning,

As I mentioned 2 weeks ago (approximately) the Investors Quarterly Update Podcast was hopefully going to be
presented during this week, "all going well" but delays do happen.

As we are basically halfway through this current quarter, I would have thought some commentary on our Akida AI Edge-Box
would have surfaced by now, as Sean will be addressing a question from Tony on this subject, maybe that's the hold-up ?

Close of business next Thursday sees the SPP done and dusted, with the pressure continuing on our share price below the
19.3c offering, it will be very interesting to see how the uptake plays out.

The talk of takeover again, seems to me as a signal of desperation, I still believe we will succeed on our own, at the edge, but
I'd certainly be lying to say this last 2 years have been easy, many have a sense of being somewhat pissed on different levels.

Have a pleasant weekend.

Tech

 

[DingoBorat]

Guess you are right @DingoBorat and 300k shares is a better number than 200k only 75k to go between my personal and super totals and I better hurry up while the downrampers on here and HC are working overtime, plus I’ve gotten an extra 4000 plus shares buying them on market and not on that fab offer the company were giving us SH


View attachment 67764

So you say you're going for 300k in both your personal and Super? .

That's Fantastic Pom!

 

[Dallas]

Richard Hulskes on LinkedIn: Our first two Edge AI Technology Reports in collaboration with Wevolver…

Our first two Edge AI Technology Reports in collaboration with Wevolver and the tinyML Foundation have become foundational pieces of content for engineers…

www.linkedin.com

 

[Adam]

Soon top 50?

Call me when you get to 650k..

 

[Pom down under]

So you say you're going for 300k in both your personal and Super? .

That's Fantastic Pom!


View attachment 67816

I never liked teachers at school

 

[Ethinvestor]

My friend Just received this 2 hours ago in Europe. Anybody knows what it means?

 

[Esq.111]

Evening Ethinvestor ,

I do not know...

This is from Google, explaining examples.

About Mandatory or Voluntary Corporate Actions - Accounting V17 - Confluence

eagledocs.atlassian.net

Regards ,
Esq.

 

[Ethinvestor]

Evening Ethinvestor ,

I do not know...

This is from Google, explaining examples.

About Mandatory or Voluntary Corporate Actions - Accounting V17 - Confluence

eagledocs.atlassian.net

Regards ,
Esq.

I know..i googled too ..my question was more specific ..but thx

 

[DingoBorat]

My friend Just received this 2 hours ago in Europe. Anybody knows what it means?

Looks like it might have to do with the SPP, but if it does, their records are wrong and they didn't read the Share Purchase Plan Offer documentation..

Which doesn't really make sense, for a Company, with a Global shareholder base..

 

[Frangipani]

My friend Just received this 2 hours ago in Europe. Anybody knows what it means?

Hi Ethinvestor,

I assume it refers to the SPP offer.

However, if your friend in Europe does not have a registered address in either OZ or NZ, he/she would not be eligible to participate in the offer anyway, cf my earlier post:

Catching up on some older posts…







The way I understand it:
Shareholders will NOT be eligible to participate in the SPP, unless they have a registered address in either Australia or New Zealand.
(It is not about nationality, though.)

You need to read your bank’s notification carefully!
This is what Consorsbank sent me - they explicitly note that it is your own duty to check in advance whether or not you are eligible to participate in the SPP, as they won’t do it (“Wir werden dahingehend keine Überprüfung vornehmen.”) and thus can’t be held liable.

They will, however, block the amount of money equivalent to your share purchase, once you have submitted your application form, so this sum won’t be at your disposal until BrainChip will have notified your bank that they won’t accept your order. (Not to mention possibly still charge you transaction fees.)

While it may feel unfair to be “discriminated against” for not having a registered address in either or , the upside is, there is no need whatsoever for affected shareholders to have a guilty conscience when buying from anonymous strangers on the open market instead, which will currently get you quite a few additional shares compared to the fixed SPP issue price of A$0.193!

No financial advice, though.


View attachment 67798


View attachment 67799
View attachment 67800
View attachment 67802

My bank in Germany also set August 12 (10 am CEST) as the deadline for the submission of the SPP application, presumably so they can process it and forward the info to BrainChip in time before the offer’s closing date (August 15, 5pm Sydney time) - you’d think in this day and age when we customarily no longer use carrier pigeons, they wouldn’t require that much handling time, but hey…

 

[DingoBorat]

Hi Ethinvestor,

I assume it refers to the SPP offer.

However, if your friend in Europe does not have a registered address in either OZ or NZ, he/she would not be eligible to participate in the offer anyway, cf my earlier post:




My bank in Germany also set August 12 (10 am CEST) as the deadline for the submission of the SPP application, presumably so they can process it and forward the info to BrainChip in time before the offer’s closing date (August 15, 5pm Sydney time) - you’d think in this day and age when we customarily no longer use carrier pigeons, they wouldn’t require that much handling time, but hey…

View attachment 67821

You're too slow Frangipani

 

[Frangipani]

You're too slow Frangipani

View attachment 67823

I got a 15 min phone call while I was writing my post plus I had to look up my bank’s notification and screenshot it!

 

[manny100]

Looks like it might have to do with the SPP, but if it does, their records are wrong and they didn't read the Share Purchase Plan Offer documentation..

View attachment 67822

Which doesn't really make sense, for a Company, with a Global shareholder base..

I guess it will reduce the amount of oversubscription for this raise.

 

[DingoBorat]

I guess it will reduce the amount of oversubscription for this raise.

I don't think they have to worry about that ..

Although buying in the SPP, does directly support the Company, taking the full allocation, would be giving the Company an almost $2800 "gift" at current levels and I'm not sure people are that generous (at least when it comes to investing).

If it is fully taken up, or even oversubscribed, I'd hazzard to guess, that it wasn't "genuine" shareholders.

 

[manny100]

I don't think they have to worry about that ..

Although buying in the SPP, does directly support the Company, taking the full allocation, would be giving the Company an almost $2800 "gift" at current levels and I'm not sure people are that generous (at least when it comes to investing).

If it is fully taken up, or even oversubscribed, I'd hazzard to guess, that it wasn't "genuine" shareholders.

Oh yer, you are right, its late i mixed it up with the TLG raise (i hold there as well).

 

[Dallas]

Schönes Wochenende

 

[Dallas]

Takayuki Y. on LinkedIn: #artificialinteligence #convolutional_neuralnetwork #cnn…

Seeing Through the Grass: Semantic Pointcloud Filter for Support Surface Learning https://lnkd.in/gU_HY6J2 The Semantic Pointcloud Filter (SPF), a…

www.linkedin.com

 

[Dallas]

Travis Hord on LinkedIn: 🚨Use case “Another video of the use of robot dogs by the 🇺🇦Ukrainian… | 60 comments

🚨Use case “Another video of the use of robot dogs by the 🇺🇦Ukrainian military at the front” Via: https://lnkd.in/enbW9Bjp | 60 comments on LinkedIn

www.linkedin.com

 

[Dallas]

SONY☝