Back to your normal tricks just hope you made plenty money today or you managed to close your short position out as this is only going in one direction and that’s
Back to your normal ignorant self thinking I am a shorter.
Back to your normal tricks just hope you made plenty money today or you managed to close your short position out as this is only going in one direction and that’s
I do like they way you look at it.Sorry i just have to laugh how people think this is a bad thing lol We are securing funding for the further development and progress in response to customer engagements. This is all positive.
Under the agreement the max number of shares to be issued is 40mil. this is max not min. and the amount of $20mil provided is a min of $20mil. Pager 1 of 5 Appendix 3B Maximum Number of +securities to be issued BRN ORDINARY FULLY PAID 40,000,000 So from this reading Brainchip will get $20 mil for an exchange of max 40mil shares, which means they could get $20 million for less number of shares issued.
So if the price vwap (91.5% of that) equates to say $2 (rounding to make it easy) by the time Brainchip make the call LDA would receive 10 mil shares for $20 mil dollars. Again simple math. but hey i'm no genius.
of course imo
There won't be any "buyback" of shares.Given our recent 2 client wins - Space and USAF and recent statements from Sean concerning more good news coming why would an arrangement for future cash to drive growth be bearish.
It actually sounds bullish.
Forget dilution worries. It's a US company and once listed over their they will join the buy back club.
Yes, I agreed, look at Nvidia it has over 25,000,000,000(That's BILLION) sharesThere won't be any "buyback" of shares.
Roughly 2 billion shares, is not "too much" for a technology Company like BrainChip.
And you know that, so not sure why you brought up the buyback thing..
As far as dilution goes, another 40 million shares, is inconsequential, when we already have almost 2 billion!
If the Company can't remain fully funded, until full financial success, then the shares will become valueless..
I've already come.to terms with the fact, that we will have 2 billion shares on issue, by the time we are really rocking and rolling (with employee share issues etc as well).Yes, I agreed, look at Nvidia it has over 25,000,000,000(That's BILLION) shares
valued at the moment around $147 each share.
According to ARM, Thor will be in vehicles "later this year".Well Jensen has Thor, his all-in-one ADAS processor chip which implements sensor fusion, ie, all the sensor signals are pocessed on the one processor chip. Nvidia filed a bunch of patents in the middle of 2023 covering various features of Thor. I haven't studied them in detail, but from a quick squiz, none of the ones I've looked at seem to disclose a silicon NN - ie, they use software NNs.
That is entirely compatible with Mercedes SDV concept.
We also know that MB was keen to minimize component count.
"Thor is in production now." I don't know if that means it is installed in the MB CLA coming out in the near future. After all, it would have had to undergo extensive road testing and the date of the patents is recent on that scale. Jensen referred to the MB CLA, but I don't recall whether he said it would include Thor.
My guess is that Akida 2/TENNs simulation software is more efficient than Thor, so it's not entirely imposible that this year's CLA includes Akida2/TENNs simulation software, but it would put a strain on the SDV concept if future MB cars are to include Thor.
Putting the best spin on it, it is too soon for Thor to be in a production vehicle, and Akida2/TENNs is the most efficient NN software simulation.
Unfortunately, there is no Akida 2/TENNs silicon, so the SoC cannot be road tested yet. Of course this has nothing to do with the LDA situation ...
Brought it up because posters on the crapper winge about dilution.There won't be any "buyback" of shares.
Roughly 2 billion shares, is not "too much" for a technology Company like BrainChip.
And you know that, so not sure why you brought up the buyback thing..
As far as dilution goes, another 40 million shares, is inconsequential, when we already have almost 2 billion!
If the Company can't remain fully funded, until full financial success, then the shares will become valueless..
If NVIDIA had only 2 billion shares on issue like BRN their SP would be around $US1680 per share.Brought it up because posters on the crapper winge about dilution.
In the US its far more tax effective to buy back shares than pay dividends. This is because of lower capital gains taxes than income tax. Buy backs are a way of company life in the US.
We will be listed on the NASDAQ in due course and as a consequence we will build a large base of US holders.
NVIDIA has 25 billion shares on issue so our 2 billion is tiny in comparison.
There won't be any "buyback" of shares.
Roughly 2 billion shares, is not "too much" for a technology Company like BrainChip.
And you know that, so not sure why you brought up the buyback thing..
As far as dilution goes, another 40 million shares, is inconsequential, when we already have almost 2 billion!
If the Company can't remain fully funded, until full financial success, then the shares will become valueless..