Everyone that lost money on this stock shall be known as worms.
BRN Discussion Ongoing
- Thread starter TechGirl
- Start date
Yep this is definitely us!
I am betting my left testicle this will be announced today.
Sean is standing by as we speak to announce this right now.
This is imminent.
Not advice
We are almost down to HC level!
Sad, really sad.
People should have the right being critical, we can't all slap each other in the back and say: WE GOT THIS!
I guess we are all getting frustrated, total radio silence from the company isn't helping.
Thanks Frangipani for excellent well researched posts.
Agreed with below post.
Sad, really sad.
People should have the right being critical, we can't all slap each other in the back and say: WE GOT THIS!
I guess we are all getting frustrated, total radio silence from the company isn't helping.
Thanks Frangipani for excellent well researched posts.
Agreed with below post.
HopalongPetrovski
I'm Spartacus!
Yes I agree. A most excellent post by Frangapani
FiveBucks
Regular
It has been an extremely frustrating 3 years.
I assume most holders would have thought after Renasas, Megachips and Merc, the flood gates were going to open. I certainly did.
Every day without a price sensitive announcement is a bit of a kick in the guts tbh. Share price is going to continue to fall until then.
Hopefully we get a number of contracts in succession to stem the bleeding!
7für7
Top 20
The funny thing is that he himself constantly posts highly speculative content that aligns with his fantasy of collaborating with Brainchip… Even his endlessly long posts, where he marks the quotations, or takes posts from others and sells them as his own, don’t help. Yet he criticizes others who are factual, objective, and professional… That’s why I have him on ignore – too speculative, too long posts, and offensive.
7für7
Top 20
Taking a reality check from a guy who himself post spekulativ stuff the whole time? It’s like a thief trying to explaining you that robbing a bank is not the best way to make money while he is robbing a bank
DingoBorat
Slim
Well, just added another 5000 "tickets" to my lottery..
Just have to find the money to pay for them now..
Starting here..
My Ex won't mind..
Just have to find the money to pay for them now..
Starting here..
My Ex won't mind..
DingoBorat
Slim
If BrainChip keeps going the way it is, I suspect many of you, will be able to do the same
CHIPS
Regular
Exactly. WHY!
I was wondering that too. Don't companies have trust in BrainChip and therefore try to avoid us? Is that why we have such a hard time being successful in income?
Frank Zappa
Regular
Must have malaria unless the alcohol negated the mosquitoes bites .
DingoBorat
Slim
This forum, is no place for Realists..
GDJR69
Regular
Yes, spot on, that is exactly what I thought and I would never have believed we would have gone this long after that without an announcement. We can only hope that something will come soon. It would be such a boost to everyone.
Smoothsailing
Regular
The nature of NDA’s is they are intended to preserve commercial confidentiality for both signatories until such time as they agree to make disclosure, or are required to for regulatory reasons.
In the case of our EAP customers and other commercial partners, NDA’s help to preserve competitive advantage in a highly competitive global market where there are good commercial reasons for keeping secret what technology they may be trialling or considering.
Being a trusted and reliable commercial partner is an important aspect of Brainchip’s relationship with all our commercial partners and EAP customers, and that particularly extends to respecting and abiding by the terms of commercial agreements like NDA’s.
In the case of our EAP customers and other commercial partners, NDA’s help to preserve competitive advantage in a highly competitive global market where there are good commercial reasons for keeping secret what technology they may be trialling or considering.
Being a trusted and reliable commercial partner is an important aspect of Brainchip’s relationship with all our commercial partners and EAP customers, and that particularly extends to respecting and abiding by the terms of commercial agreements like NDA’s.
HopalongPetrovski
I'm Spartacus!
Yeah, feels like we are well and truly due some good news.
I could do with some excellent news right about now.
Some news that explodes our share price to new highs would be most welcome.
I am invoking the rule of three.
Bring it, BrainChip!
The Pope
Regular
Hi all.
Tony Dawe said "Happy for you to share on TSE. Please show your question and my full reply to ensure context"
Hope this helps all with the recent change by BRN management moving away from LDA funding model.
Note -
1) I removed some personal details and Tony's mobile number from the emails below with XXXXXXXXXX.
2) It is also my understanding that the latest capital raise BRN put in place appears to be a good move given there is a 12 month restriction on trading the institutional placement shares. I'm happy to be corrected if this is not the case.
cheers
The Pope
--------------------------------------------------------------------------------------------------------------------------------------------
From: xxxxxxxxxxxxxxxxxxxx
Sent: Friday, September 13, 2024 14:38
To: Tony Dawe <tdawe@brainchip.com>
Subject: Recent change by BRN management away from LDA funding model
CAUTION: This email originated from outside the organization. Do not click links or open attachments unless you recognize the sender and know the content is safe.
Hi Tony
Can you or Sean confirm if LDA refused or would not support another further funding deal to support BrainChip moving forward until BRN revenue model supported itself. It just doesn’t appear to line up with my recall on what was said at the recent AGM by BRN management team.
Pending comment on the above, Is this why BRN management team sourced funding elsewhere in the meantime?
This has been an ongoing discussion with a number of retail investors in recent weeks so it would be good to hear it directly confirmed from BRN management.
Hear from you soon
Kind regards
xxxxxxxxxx
Sent from my iPhone
----------------------------------------------------------------------------------------------------------------------------------------------------
Tony Dawe
From:tdawe@brainchip.com
To: XXXXXXXXX
Tue, 17 Sept at 11:41 am
Hi xxxxxx,
Thank you for your email.
In response to your question, BrainChip and LDA Capital parted company on the very best of terms. We remain open to doing business with LDA Capital in the future, and vice versa.
The LDA Capital funding model was outstanding for Brainchip for a period of time. It provided relatively small parcels of funding quickly, easily and cheaply, and when the share price was higher, with minimal dilutionary effects.
But the LDA funding model wasn't set up for the purpose to raise larger amounts of capital.
We selected Unified Capital Partners to help secure the institutional placement and SPP after an extensive process of consultation, review and evaluation. As part of this process we met with the institutional investors who participated in the capital raising. Our commitment to UCP is not exclusive and does not prevent us from doing business with other financial institutions.
BrainChip is obligated to its shareholders to seek out the best funding options it can for its business, to promote growth and to ensure the company remains fully funded at all times.
At the risk of telling your something you probably already know, investor chat rooms are notoriously unreliable places to gain investment intelligence. I hope when you and your friends online discuss our funding arrangements, that you acknowledge that the terms of the recent placement, including minimising the discount rate and converting all the unexercised LDA Capital shares through the placement were exceptionally good outcomes for BrainChip.
Regards
Tony Dawe
Director, Global Investor Relations
+61 (0)XXX XXX XXX
This email, together with any attachments, is intended only for the use of the individuals or entities to which it is addressed, and may contain confidential, proprietary, or privileged information of BrainChip or other parties. If you are not an intended recipient, you are hereby notified any dissemination, distribution, or copying of this email, and any attachments, is strictly prohibited. If you receive this email in error, please immediately notify the sender or BrainChip, Inc., at (949) 330-6750, and permanently delete the original and any copy of the email and any attachments.
Tony Dawe said "Happy for you to share on TSE. Please show your question and my full reply to ensure context"
Hope this helps all with the recent change by BRN management moving away from LDA funding model.
Note -
1) I removed some personal details and Tony's mobile number from the emails below with XXXXXXXXXX.
2) It is also my understanding that the latest capital raise BRN put in place appears to be a good move given there is a 12 month restriction on trading the institutional placement shares. I'm happy to be corrected if this is not the case.
cheers
The Pope
--------------------------------------------------------------------------------------------------------------------------------------------
From: xxxxxxxxxxxxxxxxxxxx
Sent: Friday, September 13, 2024 14:38
To: Tony Dawe <tdawe@brainchip.com>
Subject: Recent change by BRN management away from LDA funding model
CAUTION: This email originated from outside the organization. Do not click links or open attachments unless you recognize the sender and know the content is safe.
Hi Tony
Can you or Sean confirm if LDA refused or would not support another further funding deal to support BrainChip moving forward until BRN revenue model supported itself. It just doesn’t appear to line up with my recall on what was said at the recent AGM by BRN management team.
Pending comment on the above, Is this why BRN management team sourced funding elsewhere in the meantime?
This has been an ongoing discussion with a number of retail investors in recent weeks so it would be good to hear it directly confirmed from BRN management.
Hear from you soon
Kind regards
xxxxxxxxxx
Sent from my iPhone
----------------------------------------------------------------------------------------------------------------------------------------------------
Tony Dawe
From:tdawe@brainchip.com
To: XXXXXXXXX
Tue, 17 Sept at 11:41 am
Hi xxxxxx,
Thank you for your email.
In response to your question, BrainChip and LDA Capital parted company on the very best of terms. We remain open to doing business with LDA Capital in the future, and vice versa.
The LDA Capital funding model was outstanding for Brainchip for a period of time. It provided relatively small parcels of funding quickly, easily and cheaply, and when the share price was higher, with minimal dilutionary effects.
But the LDA funding model wasn't set up for the purpose to raise larger amounts of capital.
We selected Unified Capital Partners to help secure the institutional placement and SPP after an extensive process of consultation, review and evaluation. As part of this process we met with the institutional investors who participated in the capital raising. Our commitment to UCP is not exclusive and does not prevent us from doing business with other financial institutions.
BrainChip is obligated to its shareholders to seek out the best funding options it can for its business, to promote growth and to ensure the company remains fully funded at all times.
At the risk of telling your something you probably already know, investor chat rooms are notoriously unreliable places to gain investment intelligence. I hope when you and your friends online discuss our funding arrangements, that you acknowledge that the terms of the recent placement, including minimising the discount rate and converting all the unexercised LDA Capital shares through the placement were exceptionally good outcomes for BrainChip.
Regards
Tony Dawe
Director, Global Investor Relations
+61 (0)XXX XXX XXX
This email, together with any attachments, is intended only for the use of the individuals or entities to which it is addressed, and may contain confidential, proprietary, or privileged information of BrainChip or other parties. If you are not an intended recipient, you are hereby notified any dissemination, distribution, or copying of this email, and any attachments, is strictly prohibited. If you receive this email in error, please immediately notify the sender or BrainChip, Inc., at (949) 330-6750, and permanently delete the original and any copy of the email and any attachments.
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