BRN Discussion Ongoing

[Getupthere]

Does Sean’s $2.5 million annual compensation feel justified to everyone?

Tomorrow, Ann will take place, and Sean will receive his shares. By early next week, he’ll likely sell them.

Now we finally receive some communication next week via podcast.

It’s hard not to feel like shareholders are being strung along.

 

[rgupta]

If I'd invested my $250K into Crypto instead of brainchip I would have been a millionaire by now.... opportunity cost hurts...

Crypto value is showing the scale of corruption in our systems.
Let anyone prove a real value of a crypto!! It is all charts and speculations. But yes it has a high value for criminals.
Dyor

 

[LongTermInvestor]

I used to own shares in this stock but sold them because things weren’t looking good. And now, out of nowhere, there are rumors that the French government might be planning to buy in. Boom! That’s just unbelievable. In a 5 day period






View attachment 73429

This is what happens when a company is significantly undervalued.

You should google on 'Elcid Investments Ltd'. It has gone up 66,92,535% in a single trading session a few weeks ago!

"Elcid Investments Limited set a record for its share price when it increased by 66,92,535% in a SINGLE TRADING SESSION.

The increase occurred during a call auction organized by the BSE and NSE, which is designed to help investment holding companies discover their fair value."

If Sean can seal a big contract in the coming months, this baby could gap up significantly!
According to Sean's recent Youtube Interview in November, Sean said he is VERY bullish and he thinks that 2025 will be the year. Sean also said that he even anticipates in the next COUPLE of months things are all positive for Brainchip!!!
I have looked up the definition of 'couple'. It means '2', less than 3...

Please go to youtube and search 'brainchip ceo interview' by Stocks Down Under.
If you are time-strapped, just spend 29 seconds to listen from the 1 minute mark to the 1:29 mark.

Fingers crossed. lol

 

[rgupta]

Great workings and observation....looking beyond the obvious, looking outside of the square produces quality posts as yours does.

Keep up your postings of the bigger picture Manny....we are definitely on track to deliver.

Time is still the irritating issue for many shareholders, us long termers who are rusted on just keep ticking off the months, hoping an
old girlfriend will knock on the door and say " I'm all yours big boy".....but to be honest, my true love is Akida....

She will deliver in many different areas of our lives in the future....I'm convinced, are you ??

Kind regards....Tech.

Tech the problem for long term holders is every now and then a light is shown at the end of tunnel and that is it and then a new light is shown after a few years.
Look at studio project, akida 1000, akida 2000, everytime we feel revenue will follow now and a long sleep after that. A matter of fact a lot of long term holders are in major losses if they did not reacted with greed on certain episodes.
There is no doubt technology is very good but then if the same cannot make revenue then it can become outdated.
Let us see what we see next on the canvas.
Dyor

 

[7für7]

W

Tech the problem for long term holders is every now and then a light is shown at the end of tunnel and that is it and then a new light is shown after a few years.
Look at studio project, akida 1000, akida 2000, everytime we feel revenue will follow now and a long sleep after that. A matter of fact a lot of long term holders are in major losses if they did not reacted with greed on certain episodes.
There is no doubt technology is very good but then if the same cannot make revenue then it can become outdated.
Let us see what we see next on the canvas.
Dyor

Stay tuned for January’s NEW AKIDA FEMTO!! Wohoooooo looking forward

 

[TheDrooben]

Except the last Golden Cross on the chart, which crossed in earnest, resulted in more downtrend...

Chart "is" looking better though..

Company is market valued at close to half a billion dollars, with negligible revenue, so there is strong belief, that BrainChip will be successful.

Confirmation of this, through landing IP deals, or the maturing of partnerships in progress etc and BrainChip has the "potential" (dirty word) to once again become a "market darling".

Absolutely agree DB hence the word "Could"

Happy as Larry

 

[Guzzi62]

Does Sean’s $2.5 million annual compensation feel justified to everyone?

Tomorrow, Ann will take place, and Sean will receive his shares. By early next week, he’ll likely sell them.

Now we finally receive some communication next week via podcast.

It’s hard not to feel like shareholders are being strung along.

Well, you have to look at what such a position pays in California, you can't compare with EU and Australia or even the rest of the US.

Is it more or less?

If he was offered 1/2 do think he would stay? No doubtful.

 

[Getupthere]

Well, you have to look at what such a position pays in California, you can't compare with EU and Australia or even the rest of the US.

Is it more or less?

If he was offered 1/2 do think he would stay? No doubtful.

The Nissan CEO has offered to cut his salary by half during tough times.

Nissan is actually a revenue making company.

Let’s take a step back and think like investors, not with our emotions.

Are we confident our investment is in the right hands?

 

[7für7]

Interesting huh

 

[LongTermInvestor]

The Nissan CEO has offered to cut his salary by half during tough times.

Nissan is actually a revenue making company.

Let’s take a step back and think like investors, not with our emotions.

Are we confident our investment is in the right hands?

It depends on the industry as well!

AI is a RED HOT sector at the moment. In Sydney, even a mid-level IT project manager (contract roles) can get $1200+ AUD/day (CASH)!
Senior level Program Manager (contract roles) - you won't be surprised to see them taking home $2000 AUD/day! What rate should a CEO charge in the United States????????

CEO is the leader of the management! However, he/she is also a salaryman (or salarywoman). Their primary goals to stay in the company are to make money by selling their professional skills & time! If other companies offer them better remuneration, they can leave! Therefore, it is in the best interests of the company to offer the CEO an attractive salary + shares so that they can stay for a long time to execute their plan!

On the other hand, I have heard Hong Kong SAR China's richest man Li Ka Shing - when he was working as a CEO, he only charge the company $1 annual salary! However - he is an ULTRA HIGH NET WORTH individual. He doesn't need any salary to maintain his lifestyle. Also - he is one of the largest shareholders of the company - he has enough vested interest to stay on without any salary!

 

[Getupthere]

It depends on the industry as well!

AI is a RED HOT sector at the moment. In Sydney, even a mid-level IT project manager (contract roles) can get $1200+ AUD/day (CASH)!
Senior level Program Manager (contract roles) - you won't be surprised to see them taking home $2000 AUD/day! What rate should a CEO charge in the United States????????

CEO is the leader of the management! However, he/she is also a salaryman (or salarywoman). Their primary goals to stay in the company are to make money by selling their professional skills & time! If other companies offer them better remuneration, they can leave! Therefore, it is in the best interests of the company to offer the CEO an attractive salary + shares so that they can stay for a long time to execute their plan!

On the other hand, I have heard Hong Kong SAR China's richest man Li Ka Shing - when he was working as a CEO, he only charge the company $1 annual salary! However - he is an ULTRA HIGH NET WORTH individuals. He doesn't need the salary to maintain his lifestyle. Also - he is one of the largest shareholder of the company.

Companies are willing to pay $2,000 per day because they expect a solid return on investment.

Over Sean’s three years in charge, it’s been difficult to see evidence of that return.

 

[LongTermInvestor]

Companies are willing to pay $2,000 per day because they expect a solid return on investment.

Over Sean’s three years in charge, it’s been difficult to see evidence of that return.

With all due respect, I disagree with your opinion and statement!
I can see the progress Sean has made in the last 3 years!
In my opinion, it shouldn't be a matter of 'if' but rather a matter of 'time' for some contracts to flow through in 2025!
Otherwise, Sean wouldn't be so confident in the November 2024 interview, right?
Also, you will need to bear in mind that neuromorphic AI on the edge is a rather new technology.
It takes time for companies to adopt to this new technology!
If you do some market research about neuromorphic AI on the edge - you can see this sector will be starting to take off!

 

[Food4 thought]

For all the people who are giving Sean a hard time at the moment for apparently underperforming and not getting contracts or up signed , I just wonder how you will react when the market for our technology takes off.
Yes I agree BRN have be quiet, but maybe that’s a good thing. He is not giving you spin.

For me personally I hope next year is the year of new beginnings

And I am happy to wait because hopefully the wingers all just leave before we takeoff.

 

[Guzzi62]

With all due respect, I disagree with your opinion and statement!
I can see the progress Sean has made in the last 3 years!
In my opinion, it shouldn't be a matter of 'if' but rather a matter of 'time' for some contracts to flow through in 2025!
Otherwise, Sean wouldn't be so confident in the November 2024 interview, right?
Also, you will need to bear in mind that neuromorphic AI on the edge is a rather new technology.
It takes time for companies to adopt to this new technology!
If you do some market research about neuromorphic AI on the edge - you can see this sector will be starting to take off!

Very good answers, thanks.

You clearly know the industry better than me.

Getupthere, you, me and everybody else just need to be a bit more patient.

The CEO said in the last interview that 2025 is our year, and I choose to believe him. He knows that he will be in trouble if he is not delivering before the next AGM.

He has put the company in position with exciting new products, talking to some very big players on the market and some small ones as well.

If one of the big companies sign a fat juicy contract, the company could be profitable overnight according to Antonio (last AGM) and he will have his day in the sun, more companies will likely follow suit pretty fast.

Looking forward to the podcast next week and hear what he has to say.

 

[7für7]

For all the people who are giving Sean a hard time at the moment for apparently underperforming and not getting contracts or up signed , I just wonder how you will react when the market for our technology takes off.
Yes I agree BRN have be quiet, but maybe that’s a good thing. He is not giving you spin.

For me personally I hope next year is the year of new beginnings

And I am happy to wait because hopefully the wingers all just leave before we takeoff.

Had the same conversation on the crapper… it’s just disrespectful. Do it better or STFU

 

[rgupta]

It depends on the industry as well!

AI is a RED HOT sector at the moment. In Sydney, even a mid-level IT project manager (contract roles) can get $1200+ AUD/day (CASH)!
Senior level Program Manager (contract roles) - you won't be surprised to see them taking home $2000 AUD/day! What rate should a CEO charge in the United States????????

CEO is the leader of the management! However, he/she is also a salaryman (or salarywoman). Their primary goals to stay in the company are to make money by selling their professional skills & time! If other companies offer them better remuneration, they can leave! Therefore, it is in the best interests of the company to offer the CEO an attractive salary + shares so that they can stay for a long time to execute their plan!

On the other hand, I have heard Hong Kong SAR China's richest man Li Ka Shing - when he was working as a CEO, he only charge the company $1 annual salary! However - he is an ULTRA HIGH NET WORTH individual. He doesn't need any salary to maintain his lifestyle. Also - he is one of the largest shareholders of the company - he has enough vested interest to stay on without any salary!

Can you see Sean is a big investor in brainchip as well. He has a clear way, keep the salary for life style and family and shares for tax purposes and investment.

Dyor

 

[manny100]

Insiders still hold circa 15.5% to 16.5% of SOI - that shows confidence.
LDN (Sean's predecessor) is still in the Top 50 holders - that shows confidence.
Sean takes 81% of his salary in shares and options - that shows confidence.
All the BOD take levels of shares and options as part of their pay- that shows confidence.
The above gives me confidence.

 

[SharesForBrekky]

Came across this, not sure if already discussed, but may be of interest:

Redirect Notice

Advanced Navigation and NILEQ to look beyond GPS with new UAV navigation tie-up - International Mining

Advanced Navigation, an autonomous systems and navigation technologies provider, along with MBDA, have signed a MoU to co-develop a resilient navigation system integrating MBDA’s NILEQ absolute positioning technology. The co-developed solution will provide resilient absolute positioning for a...

im-mining.com

NILEQ - RESILIENT ABSOLUTE POSITIONING

www.nileq.co.uk

"NILEQ will provide a patent pending alternative navigation technology that is underpinned by the use of neuromorphic sensors to derive and match terrain fingerprints."

"Satellite-based navigation is the bedrock of most modern positioning systems, but it can’t always be relied on. Two companies are now joining forces to create a GPS-free navigation system for drones by fusing neuromorphic sensing technology with an inertial navigation system (INS)."

"A pair of navigation technology companies has now teamed up to merge the approaches and get the best of both worlds. NILEQ, a subsidiary of British missile-maker MBDA based in Bristol, UK, makes a low-power visual navigation system that relies on neuromorphic cameras. This will now be integrated with a fiber optic-based INS developed by Advanced Navigation in Sydney, Australia, to create a positioning system that lets low-cost drones navigate reliably without GPS."

"On the other hand, neuromorphic cameras are not currently able to operate using infrared, says Houghton, which would enable nighttime operations. But infrared neuromorphic cameras are currently under development and should be available in the next few years, he says."

"The companies are planning to start flight trials of the combined navigation system later this year, adds Shaw, with the goal of getting the product into customers hands by the middle of 2025."

 

[Getupthere]

Insiders still hold circa 15.5% to 16.5% of SOI - that shows confidence.
LDN (Sean's predecessor) is still in the Top 50 holders - that shows confidence.
Sean takes 81% of his salary in shares and options - that shows confidence.
All the BOD take levels of shares and options as part of their pay- that shows confidence.
The above gives me confidence.

They get shares because we don’t have money to pay their high salaries.

 

[manny100]

They get shares because we don’t have money to pay their high salaries.

Glass half empty approach. Insiders who know the business prospects are taking the glass half empty approach are holding and management accumulating.
Maybe they see it as a path to wealth?
Some analysts regard following the insiders a reasonable strategy when considering an investment.