BRN Discussion Ongoing

[DingoBorat]

“But now I really go! I left!!!! Don’t try to hold me back!!! Good bye!!!”

View attachment 74670

Are you trying to say he's a "bad" actor?

 

[JDelekto]

Thanks to the chippers for replying and those putting me on ignore. A lot of people on forums say they put others on ignore but then they reply to them. I personally view it as more of a hollow threat of a comment than anything else but always happy when people do actually do it.

With so many posters here defending BRN and coming at me with gifs etc unfortunately I can’t remember you all individually (maybe in time I will) but to the chipper who mentioned “solutions” to BRN’s financial issues, I’m not getting remunerated with shares like the exec’s (who haven’t offered solutions to the money going out the door), I’m simply stating the facts.

If I was to give an actual opinion, it would be that when a company spends years diluting shareholder’s money and getting shareholders to pay for the company’s IP while loosing millions, it starts to look to me a bit like a pyramid scheme.

To the chippers here giving me advice, I don’t need it, I’m only interested in financial facts.

At least I got unbiased responses from @manny100 and @GazDix but as far as crypto @GazDix I wouldn’t put my money there, at least on ASX stocks you can see whats happening with the money.

See you next year

I don't believe in putting anyone on ignore regardless of how hard they try to be a human irritant. I like to think I have a pretty good internal ignore mechanism that can sift out the signal from the noise, and sometimes even irritating people can make a good point.

Regarding the company financials, I'm accustomed to technology companies in the United States operating in the red for several years before they become profitable. BrainChip's choice to use LDA Capital early on to cover operating costs, diluting the value of the stock is annoying at best. I hope the company can live to see a level of profitability and buy back a good portion of those shares.

Full disclosure: I am not a professional investor. I have a technical background and have followed AI technologies since the 90s. I was excited about neuromorphic technology and ran across BrainChip several years ago. Being a fan of the technology, it was serendipitous that shares were selling @ 0.04 USD at the time, so I began converting other shares of stock I had into shares of AZKLF (which was BrainChip's ticker on the OTC Markets at the time). I have a significant long-term holding and with a sense of how long it takes emerging technological paradigms to take hold in the market, my position has been to hold my shares until 2025 and re-evaluate the investment at that time.

While I managed to acquire a large number of shares initially, I've continued acquiring them, averaging up (unfortunately), especially after the Mercedes announcement at CES 2022. While I'm still in the red on my investment, I've seen patents granted for BrainChip's technology, several partnerships established, a couple of IP sales, and their recent contract with AFRL. Both IP sales were for the AKD1000 1st generation technology, which I maintained was not a failed product and is still relevant.

While Sean Hehir noted in a podcast that the AKD1000 chips were for demonstration purposes, he was 100% correct. BrainChip manufactured those chips to demonstrate the IP on silicon, and its main business focus has been licensing that IP to Tier 3 suppliers who incorporate it into their integrated circuit designs to sell down the chain. MegaChips, for example, has invested quite a bit of money into the IP for one of their custom video processing solutions. One thing we may never know (without someone doing a teardown), is where this IP will be used, and the only evidence of its use will be in the form of revenue received by the company.

I'm still giving 2025 a chance, but the opportunity cost is high thus far. With the portion of the commercial market that BrainChip has been targeting (the low-level suppliers), they can stand to win pretty big if they land the right IP license. There are many applications for neuromorphic hardware with a reduced SWaP-C (size, weight, power, cost) to which BrainChip's IP can adapt. It needs industry adoption, and I think interest is starting to pick up.

In summary, I'm invested based on the technological merits of the product and I am speculating that it will eventually make the company profitable, but like many other technology companies, taking on losses and finding creative ways to raise capital and keep the doors open until either they succeed spectacularly or fail miserably.

I have made a long bet that it would be the former.

 

[DingoBorat]

I don't believe in putting anyone on ignore regardless of how hard they try to be a human irritant. I like to think I have a pretty good internal ignore mechanism that can sift out the signal from the noise, and sometimes even irritating people can make a good point.

Regarding the company financials, I'm accustomed to technology companies in the United States operating in the red for several years before they become profitable. BrainChip's choice to use LDA Capital early on to cover operating costs, diluting the value of the stock is annoying at best. I hope the company can live to see a level of profitability and buy back a good portion of those shares.

Full disclosure: I am not a professional investor. I have a technical background and have followed AI technologies since the 90s. I was excited about neuromorphic technology and ran across BrainChip several years ago. Being a fan of the technology, it was serendipitous that shares were selling @ 0.04 USD at the time, so I began converting other shares of stock I had into shares of AZKLF (which was BrainChip's ticker on the OTC Markets at the time). I have a significant long-term holding and with a sense of how long it takes emerging technological paradigms to take hold in the market, my position has been to hold my shares until 2025 and re-evaluate the investment at that time.

While I managed to acquire a large number of shares initially, I've continued acquiring them, averaging up (unfortunately), especially after the Mercedes announcement at CES 2022. While I'm still in the red on my investment, I've seen patents granted for BrainChip's technology, several partnerships established, a couple of IP sales, and their recent contract with AFRL. Both IP sales were for the AKD1000 1st generation technology, which I maintained was not a failed product and is still relevant.

While Sean Hehir noted in a podcast that the AKD1000 chips were for demonstration purposes, he was 100% correct. BrainChip manufactured those chips to demonstrate the IP on silicon, and its main business focus has been licensing that IP to Tier 3 suppliers who incorporate it into their integrated circuit designs to sell down the chain. MegaChips, for example, has invested quite a bit of money into the IP for one of their custom video processing solutions. One thing we may never know (without someone doing a teardown), is where this IP will be used, and the only evidence of its use will be in the form of revenue received by the company.

I'm still giving 2025 a chance, but the opportunity cost is high thus far. With the portion of the commercial market that BrainChip has been targeting (the low-level suppliers), they can stand to win pretty big if they land the right IP license. There are many applications for neuromorphic hardware with a reduced SWaP-C (size, weight, power, cost) to which BrainChip's IP can adapt. It needs industry adoption, and I think interest is starting to pick up.

In summary, I'm invested based on the technological merits of the product and I am speculating that it will eventually make the company profitable, but like many other technology companies, taking on losses and finding creative ways to raise capital and keep the doors open until either they succeed spectacularly or fail miserably.

I have made a long bet that it would be the former.

Sounds like you are a big holder JDelekto, I'm guessing between Top 50 and Top 20.

Thanks for your insights.

"I hope the company can live to see a level of profitability and buy back a good portion of those shares"

Just on the large amount of shares on issue, I don't see this as a problem and in fact, if this Company is headed where we want it to, a "share split" for liquidity reasons in the Future, is a distinct possibility.

There are between 750 and 800 million shares, in the Top 20 holders alone, as it stands now.

If BrainChip truly makes it's mark on the Global stage, supply will dry up quicker than a puddle of piss in Coober Pedy (an extremely hot dry area of South Australia, maybe a bit comparable to Death Valley in the US)..

This is when there is True Global demand for BRN shares and not just a few extra Yanks and lederhosen wearing folk.

 

[7für7]

Already almost 10 million volume and a pull back … they try it hard … bit…es

 

[Dave Evans]

I don't believe in putting anyone on ignore regardless of how hard they try to be a human irritant. I like to think I have a pretty good internal ignore mechanism that can sift out the signal from the noise, and sometimes even irritating people can make a good point.

Regarding the company financials, I'm accustomed to technology companies in the United States operating in the red for several years before they become profitable. BrainChip's choice to use LDA Capital early on to cover operating costs, diluting the value of the stock is annoying at best. I hope the company can live to see a level of profitability and buy back a good portion of those shares.

Full disclosure: I am not a professional investor. I have a technical background and have followed AI technologies since the 90s. I was excited about neuromorphic technology and ran across BrainChip several years ago. Being a fan of the technology, it was serendipitous that shares were selling @ 0.04 USD at the time, so I began converting other shares of stock I had into shares of AZKLF (which was BrainChip's ticker on the OTC Markets at the time). I have a significant long-term holding and with a sense of how long it takes emerging technological paradigms to take hold in the market, my position has been to hold my shares until 2025 and re-evaluate the investment at that time.

While I managed to acquire a large number of shares initially, I've continued acquiring them, averaging up (unfortunately), especially after the Mercedes announcement at CES 2022. While I'm still in the red on my investment, I've seen patents granted for BrainChip's technology, several partnerships established, a couple of IP sales, and their recent contract with AFRL. Both IP sales were for the AKD1000 1st generation technology, which I maintained was not a failed product and is still relevant.

While Sean Hehir noted in a podcast that the AKD1000 chips were for demonstration purposes, he was 100% correct. BrainChip manufactured those chips to demonstrate the IP on silicon, and its main business focus has been licensing that IP to Tier 3 suppliers who incorporate it into their integrated circuit designs to sell down the chain. MegaChips, for example, has invested quite a bit of money into the IP for one of their custom video processing solutions. One thing we may never know (without someone doing a teardown), is where this IP will be used, and the only evidence of its use will be in the form of revenue received by the company.

I'm still giving 2025 a chance, but the opportunity cost is high thus far. With the portion of the commercial market that BrainChip has been targeting (the low-level suppliers), they can stand to win pretty big if they land the right IP license. There are many applications for neuromorphic hardware with a reduced SWaP-C (size, weight, power, cost) to which BrainChip's IP can adapt. It needs industry adoption, and I think interest is starting to pick up.

In summary, I'm invested based on the technological merits of the product and I am speculating that it will eventually make the company profitable, but like many other technology companies, taking on losses and finding creative ways to raise capital and keep the doors open until either they succeed spectacularly or fail miserably.

I have made a long bet that it would be the former.

Thanks mate, finally a genuine reply

 

[Pom down under]

Anyway mate, I appreciate your mature response but as long the locals want to retaliate to me, I’ll keep posting until I stop checking in for the Christmas break

 

[Deadpool]

D E Your starting to creep me out man

 

[Boab]

Looks like the aggressive buying has come to an end.....for now.

 

[Wags]

Does the ASX close early today?

 

[Esq.111]

Afternoon Wags ,

sday 24 December Last Business Day before Christmas Day	ASX 24: Equity Products to close at 2:30pm (Sydney Time) ASX 24: Interest Rate, Energy and Agriculture Products to close at 12:30pm (Sydney Time) NZ ASX 24: Interest Rate and Energy Products to close at 10:00am (Sydney Time) NZ ASX 24: Night Session Closed
Wednesday 25 December Christmas Day	ASX 24: Closed NZ ASX 24: Closed

We have another hour roughly to tear an extra hole in whoever took out another 7,500,000 shorts yesterday.

Best wishes ,
Esq.

 

[HopalongPetrovski]

Does the ASX close early today?

Yes Wags.
Closes at 2.10 pm instead of the normal 4.10 pm.

 

[Wags]

Does the ASX close early today?

Thankyou gents

 

[TheDrooben]

Looks like the aggressive buying has come to an end.....for now

Maybe not......hold on!!!

 

[Esq.111]

Last Price (AUD)$0.320
Today's ChangeUp$0.020 (6.67%)

 

[Esq.111]

Last Price (AUD)$0.325
Today's ChangeUp$0.025 (8.33%)

 

[Esq.111]

Last Price (AUD)$0.330
Today's ChangeUp$0.030 (10%)

 

[TheDrooben]

Only 3M on the sell side now

 

[Shadow59]

Last Price (AUD)$0.325
Today's ChangeUp$0.025 (8.33%)

The sellers have just vanished! Gone!

 

[Pandaxxx]

Off she goes again! And no walls! And look at the buyer seller ratio!!

 

[Pom down under]

Last Price (AUD)$0.330
Today's ChangeUp$0.030 (10%)

Buy side looks as thin as my hair