Hi. My superannuation company used similar language in regards to requesting my instructions regarding the SPP.
I am all in favour of supporting the Company and have in the past expressed my desire to participate in this type of a funding model but given the fact that the on market purchase price has been less than the 19.3 cent offer, for the duration of its availability thus far, I will not be taking it up at this time.
If the offer had been sweetened with attached options at an acceptable premium, expiring in say 2-3 years I would have been more likely to have invested further.
There is only just so much capital I can afford to have tied up at such risk without a definitive timeline or even a projected period nominating success.
I think the Company is working strategically towards viability but progress is taking longer than I anticipated.
There have been many mitigating geo political and economic circumstances and as Dio has mentioned the whole field is experiencing an unprecedented period of flux and growth.
Indeed, it appears to me that the very fabric of our societies are currently being both stretched and stressed from within and without.
Perhaps it always feels this way for those people in place and time who experience the birth pangs of revolutionary and world changing/shaping technologies such as AI.
Let us hope that, in its maturity, it can accept within its midst the squabblesome mass of humanity that envisioned it, into actuality.
GLTAH.
Hi Hoppy,
I had taken a nibble the week before the SPP was announced, but, thanks to the taxman's bounty, I'm in a position to take another small nibble, and will take some of the SPP.
I know there's a 10% difference, but, as you say, the money goes to the company in which we are invested - so, in a way, using thimble-and-pea logic, I can convince myself that I've still got the money (in
my company) as well as the extra shares.
I think most of the long term holders are emotionally exhausted, but still exhilarated at the thought of what is to come, if it is possible to hold such an oxymoronic psychological state.
I was really hoping that the quarterly would have shown north of $500K from the edge box. Did they really have only 50 for sale?
I know that Akida 2 is 10 times better than Akida 1, but Akida 1 is 10 times better than anything else, and suitable for lots of battery powered edge devices, so, as I keep banging on, I thought that the Akida 1 baby should not have gone down the plughole with the bathwater to update a pre-plumbing saw. That was a wrench which upset more than the marketing department.
when the delay drags on my consciousness, I remind myself of the potential of Akida 1 and Akida 2 with TeNNs, and the fact that BRN has many EAPs and active partnerships.
Obviously, leading edge manufacturers like Mercedes would not want to be stuck with "old" silicon, and we know they are using software to process sensor signals in their "software defined vehicle".
As Magnus Ostberg told me on Linkedin in response to my query about the use of NN software in the CLA concept car's water-cooled processor - "Stay Tuned".*
Based on this, and our long association, I have convinced myself that MB have been, and are, running Akida 2 + TeNNs simulation software for in-cabin DMS etc., for the last couple of years, and hopefully for process sensor signals, given that Valeo's SCALA 3 also comes with software for signal processing. It seems that this will continue into commercialization.
So I'm wondering if software licensing is a new string to our business model bow. That would be going full circle to Brainchip Studio, only now the follow-on hardware accelerator is TeNNs, to be included in silicon when the development has reached a suitable plateau.
* The point is, I thought I was being cute by asking if they were running NN software, expecting him to reply "
No. we have a separate NN SoC" or similar, so "
Stay tuned", together with the use of sensor processing software in the "software defined vehicle", encourages my illusion.