BRN Discussion Ongoing
- Thread starter TechGirl
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DingoBorat
Slim
"The integration of BeEmotion’s AI technology will be applied to both new and existing Cycliq products, including improvements in real-time vehicle detection, object recognition, and edge-computation capabilities(hey that's us!?Non BRN, Beemotion.ai (NVISO)
Cycliq teams up with BeEmotion to integrate vehicle detection technology into bike cameras - The Sentiment
Cycliq (ASX: CYQ) has entered into a 10-year licence agreement with BeEmotion, formerly NVISO Group, to integrate AI technology into its Fly cameras and edge devices. Cycliq is an Australian company that manufactures innovative cycling safety products, including the Fly6 and Fly12 cameras, with...thesentiment-com-au.cdn.ampproject.org
) This strategic move is expected to advance Cycliq’s technology and provide enhanced safety features for cyclists"Looks like it's early days though..
It is a great sign that the founders still hold.
Its just as good a sign that Louis DiNardo still hold 4,921,536 shares.
Now that is a real show of faith in the future of BRN - an ex CEO still hold circa 5 mill shares. That is a wow.
The downrampers do not like it over on the crapper that Loius still holds. They refuse to believe it.
From Simply Wall Strxxt:
Google above for further confirmation that he still holds 4,921,536 shares.
Its just as good a sign that Louis DiNardo still hold 4,921,536 shares.
Now that is a real show of faith in the future of BRN - an ex CEO still hold circa 5 mill shares. That is a wow.
The downrampers do not like it over on the crapper that Loius still holds. They refuse to believe it.
From Simply Wall Strxxt:
| 0.25% | Louis DiNardo | 4,921,536 | AU$961.3k | -16.9% | no data | |
Google above for further confirmation that he still holds 4,921,536 shares.
I think LdN is much maligned. After all, who did the spade work with German car companies and many other enduring EAPs such as Valeo ("lidar is a good fit") among many others? The amount of travelling he did can be very wearing. It was like selling freon to the eskimos before refrigerators were invented.
Just the premature hockey stick business, but that showed his genuine excitement and enthusiasm.
Agree, no doubt he still knows what is going on.
He would have contacts for sure and he knows what he built and he understands the future of AI at the Edge.
I think LDN still holding is a very underrated bullish sign.
DingoBorat
Slim
Maybe one to watch, possibly being an indirect customer of ours and obviously, currently, very undervalued..Non BRN, Beemotion.ai (NVISO)
Cycliq teams up with BeEmotion to integrate vehicle detection technology into bike cameras - The Sentiment
Cycliq (ASX: CYQ) has entered into a 10-year licence agreement with BeEmotion, formerly NVISO Group, to integrate AI technology into its Fly cameras and edge devices. Cycliq is an Australian company that manufactures innovative cycling safety products, including the Fly6 and Fly12 cameras, with...
"For the quarter ended 30 June 2024, CYQ reported $1.4 million in cash receipts, representing a 46% increase over the March quarter. This resulted in a $316k positive operating cash flow, reducing the 12-month YTD operating cash outflow to $292k. As of 30 June 2024, the Company had $1.2 million of cash on hand" (4C shows less..).
About to get diluted by about 25% and there are some legal proceedings going on..
But 1 million market capitalisation, when a 1.4 million quarter, that was cash flow positive and around 1 million in cash (after the raise) makes this company, severely under the radaŕ..
CHIPS
Regular
Did you notice that BNP Paribas is holding more stocks than Peter von der Made when you add up their various positions?
CHIPS
Regular
"The integration of BeEmotion’s AI technology will be applied to both new and existing Cycliq products, including improvements in real-time vehicle detection, object recognition, and edge-computation capabilities(hey that's us!?
Looks like it's early days though..
It is a 10-year license agreement!
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