BRN Discussion Ongoing

[Slade]

They must be giving the boards away for free, and engineers must be supporting customers for free. That's the only way I can see how the cash receipts can be so low. Seriously? I am going out to buy a dozen bottles of Pantene.

 

[Fact Finder]

I am gob smacked. How do you sell out of the raspberry Pi boards at around $4,000 AUS a pop and only take in $200,000 US. Even if that was the only source of cash inflow it would mean that you only sold 69 and you sold out!! Ok, need to calm down. SP is headed way way down. Bottom draw she goes. It really is a very small tip of the iceberg.

Brainchip is working on a receipts basis with these board sales and taking credit card payments on some. They will not receipt some of the sales for 60 days from point of sale and if they are selling to large academic institutions and corporations most likely a different sales system will apply and 90 days is the norm.

My opinion only but that is why if you play your cards right with using a credit card you can get a significant interest free period before you have to pay your credit card balance off. Real world economics is something we all ignore every time we use our credit card to buy something close to the issue date of the next statement.

My opinion only DYOR
FF

AKIDA BALLISTA

 

[Izzzzzzzzzzy]

Can someone email the company and find out why the revenue was so low. I get it, we in early stages but a significant dip like that will hammer our shares prices

 

[Shadow59]

They must be giving the boards away for free, and engineers must be supporting customers for free. That's the only way I can see how the cash receipts can be so low. Seriously? I am going out to buy a dozen bottles of Pantene.

Or... you could buy 36 shares

 

[Fact Finder]

They must be giving the boards away for free, and engineers must be supporting customers for free. That's the only way I can see how the cash receipts can be so low. Seriously? I am going out to buy a dozen bottles of Pantene.

Even the engineering fees will be on a 90 day payment cycle.

My opinion only DYOR
FF

AKIDA BALLISTA

 

[Slade]

Brainchip is working on a receipts basis with these board sales and taking credit card payments on some. They will not receipt some of the sales for 60 days from point of sale and if they are selling to large academic institutions and corporations most likely a different sales system will apply and 90 days is the norm.

My opinion only but that is why if you play your cards right with using a credit card you can get a significant interest free period before you have to pay your credit card balance off. Real world economics is something we all ignore every time we use our credit card to buy something close to the issue date of the next statement.

My opinion only DYOR
FF

AKIDA BALLISTA

Thanks FF, this helps a lot. Really wish for the sake of shareholders that the company could relay that. Perhaps they have and I missed it. Unfortunately the market won't know it. I had hoped for a cash receipts somewhere around $1.2M. Perhaps that still applies but will show up in the next quarter.

 

[Makeme 2020]

They must be giving the boards away for free, and engineers must be supporting customers for free. That's the only way I can see how the cash receipts can be so low. Seriously? I am going out to buy a dozen bottles of Pantene.

Very Disappointing going backwards.
Management talking it up but Talk is cheap.

 

[David holland]

Brainchip is working on a receipts basis with these board sales and taking credit card payments on some. They will not receipt some of the sales for 60 days from point of sale and if they are selling to large academic institutions and corporations most likely a different sales system will apply and 90 days is the norm.

My opinion only but that is why if you play your cards right with using a credit card you can get a significant interest free period before you have to pay your credit card balance off. Real world economics is something we all ignore every time we use our credit card to buy something close to the issue date of the next statement.

My opinion only DYOR
FF

AKIDA BALLISTA

Big year for this company, disapointing thus far, Tony did answer my email over Easter and mentioned some news will be out soon

 

[Shadow59]

Even the engineering fees will be on a 90 day payment cycle.

My opinion only DYOR
FF

AKIDA BALLISTA

I hate to say it but here was a previous 90 day cycle too.
I am not being pessimistic, but as you say there are always different terms of payment. The second tranche from Megachips logically was not going to happen till next quarter.

 

[out_ales]

Can someone help I have read that on 12th April 2022 brn was allowed another Patent this time for the main one of "An Improved Spiking Neural Network"

Is this correct as I have not seen an ASX Release and to me it is a pretty important if not a vital worldwide patent

 

[GazDix]

I am not bothered. Short term pain for long term gain. I liked how they have lots of patents that are outstanding in many parts of the world.

Remember we are just beginning our commercialisation stage. Last quarter we just hired a top marketing executive to help us gain those partnerships and we have just started implementing Akida1000.

Tomorrow will bring one of two things. Either a good buying opportunity or a surprise announcement before open. We have known to be eccentric in the way we have released news previously via the ASX.

 

[Slade]

Why did I sprout off to my wife that this was 4C week. What am I going to say when she asks?

 

[Ladro]

Why did I sprout off to my wife that this was 4C week. What am I going to say when she asks

 

[Ladro]

Looks like a please explain required, not just from BRN…

 

[Clyde]

Why did I sprout off to my wife that this was 4C week. What am I going to say when she asks?

Say you meant next years...

 

[AusEire]

Can someone help I have read that on 12th April 2022 brn was allowed another Patent this time for the main one of "An Improved Spiking Neural Network"

Is this correct as I have not seen an ASX Release and to me it is a pretty important if not a vital worldwide patent

Huh? Where did you see this?

 

[Fact Finder]

Thanks FF, this helps a lot. Really wish for the sake of shareholders that the company could relay that. Perhaps they have and I missed it. Unfortunately the market won't know it.

I would like to think if I was able to read the announcements and listen to the investor presentations and not expect income the institutions who are not in the manipulation game will also know all these things and will be very comfortable with the going concern status of having millions in the bank giving over 6 quarters and also that Brainchip has the ability to call on LDA Capital again when ever it feels inclined.

The ignorant and those who manipulate them will always be there and will always be manipulated.

Just think about who is openly promoting Brainchip's AKIDA technology and say to yourself Pantene.

MegaChips, Mercedes, SiFive, Nviso are not a bunch of has beans and spivs.

Valeo, NASA and Vorago all are happy to be labelled Early Adopters even though they remain silent.

Renesas had paid a million dollars and is bringing MCU's to market and is writing novels about the intelligent edge or Endpoint computing as you posted.

My opinion only DYOR
FF

AKIDA BALLISTA

 

[Violin1]

Lumpy. Revenue will be lumpy. Nothing to worry about. Price may get pushed around but not by genuine people selling. Ignore it. Off to golf for a few days I think. Wish I had a new MB SUV....

 

[buena suerte :-)]

Why did I sprout off to my wife that this was 4C week. What am I going to say when she asks?

A friend of mine bought $20k today!! I think she will be calling me tomorrow

 

[Dijon101]

Nice to see all the "weeds" that have emerged on this 4c.

Nothing's changed, company is still moving in the right direction.