BRN Discussion Ongoing

[manny100]

See page 21 of the last Annual Report. Page 21 has the breakdown of remuneration.
Sean received $2,580,801 total remuneration for the year of which $2,079,506 was in shares and options.
When Sean gets deals he is going to be a very, very wealthy man.
Cash based pay was $US501,295.
His problem is that in the US equities on vesting attract tax at usual rates so he has to sell some to pay tax.
81% of Sean's wages taken as shares and options - WOW he must have a supreme confidence in the company.
In November'24 Viana and Duy - Loan sold a portion of their holdings - to pay tax due on their equities part of their pay. They sell a part of the allocation so in fact they are accumulating.
Most of us do not get equities as part of our pay so we do not have this problem.

 

[DingoBorat]

Different "Brain chips" mate, not Brainchip which is us

Elon Musk brain chip is this https://neuralink.com/

I'd be more concerned, that he was listening to David Icke..

 

[DingoBorat]

Could be some very interesting SP action over the next few weeks as the 50/200 day sma Golden Cross is looming on the charts. This will trigger some buy indicators for TA traders and instos.......

View attachment 73427



Happy as Larry

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".

 

[Humble Genius]

My advice is don't search youporn for brainchip! You get all kinds of weird shenanigans (so they tell me) ... *cough

In all seriousness, I beg to differ. Johnny, Ron and Pascal all created Brainchip's with just one thrust!

 

[TECH]

See page 21 of the last Annual Report. Page 21 has the breakdown of remuneration.
Sean received $2,580,801 total remuneration for the year of which $2,079,506 was in shares and options.
When Sean gets deals he is going to be a very, very wealthy man.
Cash based pay was $US501,295.
His problem is that in the US equities on vesting attract tax at usual rates so he has to sell some to pay tax.
81% of Sean's wages taken as shares and options - WOW he must have a supreme confidence in the company.
In November'24 Viana and Duy - Loan sold a portion of their holdings - to pay tax due on their equities part of their pay. They sell a part of the allocation so in fact they are accumulating.
Most of us do not get equities as part of our pay so we do not have this problem.

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.

 

[thecsguy]

See page 21 of the last Annual Report. Page 21 has the breakdown of remuneration.
Sean received $2,580,801 total remuneration for the year of which $2,079,506 was in shares and options.
When Sean gets deals he is going to be a very, very wealthy man.
Cash based pay was $US501,295.
His problem is that in the US equities on vesting attract tax at usual rates so he has to sell some to pay tax.
81% of Sean's wages taken as shares and options - WOW he must have a supreme confidence in the company.
In November'24 Viana and Duy - Loan sold a portion of their holdings - to pay tax due on their equities part of their pay. They sell a part of the allocation so in fact they are accumulating.
Most of us do not get equities as part of our pay so we do not have this problem.

I completely agree with your view!!!
This is how a 'reasonable' person would gauge the directors' confidence level!
Some shorters in the 'crapper' site like to spin it the other way 'the directors are selling, the CEO is selling' etc...
They deliberately did not mention the following facts:
1. Shares and options form a significant portion of the CEO's pay
2. US taxation system requires executives to pay tax on those shares and options. Therefore it is reasonable for most people to sell some shares to pay tax unless they are already an ultra high net worth individuals... but if they are already an ultra high net worth individuals - they probably wouldn't be working 9 to 5 as a CEO!!!
3. Their shares are actually increasing!

 

[manny100]

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.

Yes, TECH, I am supremely confident. We have the product and its only a matter of time before demand for it arrives. Coverage on the Edge is rising rapidly so its getting close.
Anyone who takes 81% of their pay as Equities has to be confident to the extreme.
Simply Wall Strxxt shows Inside ownership at circa 16.6% and Yahoo Finance shows circa 15.5%.
Inside ownership levels, Sean's 81% of pay in Equity and all the BOD taking some pay as Equity IMO is a pretty solid bullish indicator for the future.
IMO its about as confident as you can get.
Looking forward to the Quarterly next week.

 

[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

 

[thecsguy]

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

 

[thecsguy]

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.

 

[thecsguy]

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.