Nope. That alone won’t do it.
Chin up!
BRN Discussion Ongoing
- Thread starter TechGirl
- Start date
Chin up!
IMO, if that has happened, they would've mentioned it on the annual report under "Significant events after the balance date" section...I’m still clinging to my “glass half full” scenario. WHAT IF since Jan 1 BRN has received significant royalties from Renases and Megachips. The BoD know this even if we don’t see it yet. Based on this significant revenue they know that the share price will jump up a LOT when it’s revealed in the quarterly report which will be out before the AGM so it will soften the blow. It’s also the reason they sold 40m shares cheap to LDA at 50 cents a share. LDA won’t sell at a loss, they will want profit. The BOD looking at the revenue have thought “wow, we are seriously going to outgrow the ASX so let’s start thinking about moving to USA. No consolidation of shares needed as the share price is predicted to already be high enough…….. well that’s my dream anyway. DYOR.
7für7
Top 20
I’m not sure if it’s a good place to live in Germany though…. Hummm
Boab
I wish I could paint like Vincent
It doesn't matter which Bourse we are trading on we just need to make some $$$$$$$$$$'s
I hope you’re right but it’s only speculation. Personally I’ve had enough of speculation. Let’s get some facts instead. Fact is no new IP sales and revenue is piss poor.I’m still clinging to my “glass half full” scenario. WHAT IF since Jan 1 BRN has received significant royalties from Renases and Megachips. The BoD know this even if we don’t see it yet. Based on this significant revenue they know that the share price will jump up a LOT when it’s revealed in the quarterly report which will be out before the AGM so it will soften the blow. It’s also the reason they sold 40m shares cheap to LDA at 50 cents a share. LDA won’t sell at a loss, they will want profit. The BOD looking at the revenue have thought “wow, we are seriously going to outgrow the ASX so let’s start thinking about moving to USA. No consolidation of shares needed as the share price is predicted to already be high enough…….. well that’s my dream anyway. DYOR.
Not down ramping just stating the obvious
Just my opinion
FiveBucks
Regular
No. The 2nd of April is when Nintendo will be providing a lot more information about the switch 2. Release will be later in the year.
Shouldn’t revaluation come from actual business fundamentals like sales/revenues?
Instead of spending time and resources on relocating, BrainChip should focus on proving its worth through real-world adoption, contracts, and revenue growth.
They need to deliver results not some another way to get more free funding...
Looking back at past announcements, we’ve seen talks of partnerships with big names like Volkswagen, Ford, and Valeo, yet none of these have materialised into meaningful revenue.
Meanwhile, their financials (someone: watch the financials!), have remained crap for years.
Millions & millions spent on operations & employees, and yet only around $200K from engineering service fees.
Where is the commercial traction? What exactly is the team working on? What happened with the 100s of companies who signed NDAs as they have heaps of interest?? Why r they not putting money on where their mouth is?
If BrainChip truly wants to achieve revaluation, the answer is simple: land a major deal, prove industry adoption, and generate revenue.
That will do more for shareholder value than any listing change ever could (without revenue we will prob get fked over there too).
Focus on fundamentals instead of seeking shortcuts, that is your job... need to deliver results not trying to find some another way to get more free funding... put shareholders value over your own interest... it might be just a job for you but it is also hard earned savings from investors...
Imo only dyor
Instead of spending time and resources on relocating, BrainChip should focus on proving its worth through real-world adoption, contracts, and revenue growth.
They need to deliver results not some another way to get more free funding...
Looking back at past announcements, we’ve seen talks of partnerships with big names like Volkswagen, Ford, and Valeo, yet none of these have materialised into meaningful revenue.
Meanwhile, their financials (someone: watch the financials!), have remained crap for years.
Millions & millions spent on operations & employees, and yet only around $200K from engineering service fees.
Where is the commercial traction? What exactly is the team working on? What happened with the 100s of companies who signed NDAs as they have heaps of interest?? Why r they not putting money on where their mouth is?
If BrainChip truly wants to achieve revaluation, the answer is simple: land a major deal, prove industry adoption, and generate revenue.
That will do more for shareholder value than any listing change ever could (without revenue we will prob get fked over there too).
Focus on fundamentals instead of seeking shortcuts, that is your job... need to deliver results not trying to find some another way to get more free funding... put shareholders value over your own interest... it might be just a job for you but it is also hard earned savings from investors...
Imo only dyor
DingoBorat
Slim
Did the board think??..
"They often go on about listing on the NASDAQ, they will absolutely LOVE this!!"
@rgupta, the short position is not near an all Time high, but about half, from what I can see..
Although it has gone up sharply, since from around the Anil announcement (which didn't apparently "need" to be made at all).
I remember a time, when BrainChip was actively against shorters (with the US ADRs I think, made to be unable to be used as a shorting tool).
Recently, over the last 3 years, there have been 2, maybe 3 occasions, where the shorters "should" have been in Big trouble, but were instead thrown successful "Hail Mary's"..
They are slimy characters though and by their own devices, are able to worm their way out of tricky situations, but it does raise the questions, that Rgupta poses.
For those that think, that listing on the NASDAQ, is the panacea, to all our problems, they should look to how Blaize (which has the same targeted markets) has performed since listing.
Yes, we are not Blaize.
Can't believe you @Hopalong are concerned about "leadership" being demoralised, if they don't get their way..
Two more days now, for anything substantial to come out, before the Kraken of LDA is released and actually "helps" the shorters come good on their bets.
Not really liking how things are going here, but there's always tomorrow.
Last edited:
I hear what you’re saying and I too have been trying to keep positive so that the negativity doesn’t impact us further. I get it. But I’ve had enough. I’m down 46%, that’s almost half my investment.Hey Meatloaf.
Yes, I get it, many peoples patience is wearing thin.
Mine too.
I also have many, many tens of thousands of dollars tied up here that I can ill afford to lose, and I too am getting sick and tired of mere rhetoric.
But what I am cautioning against is reactivity, for its own sake.
We all wish the Company had been proven more successful, commercially, sooner than it has.
I'm sure both the management and board of directors feel the same.
But I also don't want the situation to get worse still.
The modicum of satisfaction that will be derived by individuals in giving the board a kick and voting down their considered recommendation will, in my view, be massively outweighed by the damage done.
It could just sink the company or put it in limbo, and we might just wind up with a share holding, in nothing much at all.
I too, also hope that they can provide some conviction before a vote is required with some positive proof of success such as a large, recurring, revenue bearing engagement, with a notable and influential partner/customer.
Something that puts a little meat on our share price's bones, a fattening up so to speak, before we are sent off to market.
For quite some time now, and at present, our share price has been the plaything of shorter's and other manipulators, a large part of whose playbook involves destroying share holder's faith in the targeted companies management.
Any 5 minutes browsing the crapper will show you that.
After years chipping away at us I fear they are winning, and you know that won't be good for holder's like you and me, if they get they're way.
We get announcements and I’m hoping that it’s gonna be the one we’ve been waiting for and it’s just another quotation, cessation, cleansing notice, capital raise. FFS
I need management to convince me that my investment is secure and so far they’re making me feel more insecure.
If they cop a hiding at the AGM they deserve it. Brn have a great product but this current management are not capable of sealing deals. If that’s the case then they should look at selling the company, surely the patents are worth $5 a share.
What happens if another twelve months goes by and we are still in the same boat?
Anyway, I appreciate you trying to give me positives but today I needed to let off some steam.
Not all companies have to move to the US to make revenue to cover their costs. Moving to the US is not saving Brn, if that’s why they have to move then we are already doomed.
DingoBorat
Slim
Luppo71
Founding Member
To be honest mate i care less about your 500k shares and more about the the billion or so shares held by Australians in Australia and
all the shares that will be sold at a very large loss in peoples superannuation if we go because they cnnot trade in the US.
So it will be a definate no from me unless big news before hand.
You can’t guarantee that, no one can.
DingoBorat
Slim
They didn't sell the 40 million shares to LDA at 50 cents a share.I’m still clinging to my “glass half full” scenario. WHAT IF since Jan 1 BRN has received significant royalties from Renases and Megachips. The BoD know this even if we don’t see it yet. Based on this significant revenue they know that the share price will jump up a LOT when it’s revealed in the quarterly report which will be out before the AGM so it will soften the blow. It’s also the reason they sold 40m shares cheap to LDA at 50 cents a share. LDA won’t sell at a loss, they will want profit. The BOD looking at the revenue have thought “wow, we are seriously going to outgrow the ASX so let’s start thinking about moving to USA. No consolidation of shares needed as the share price is predicted to already be high enough…….. well that’s my dream anyway. DYOR.
The Company (us) has an obligation through LDA, to raise a minimum of 20 million AUD before June or July "next" year (the number of shares required to do that, doesn't come into it).
LDA are given this 40 million shares to sell on market and whatever "they" make, they have to pay us the 91.5% or whatever it is (and that then comes off the 20 million AUD obligation).
At least that's "my" basic understanding of how it works.
If they knew there was going to be a great quarterly, they would have timed the LDA deal to happen "then".
Last edited:
Fullmoonfever
Top 20
I see our mates at Quantum Ventura picked up another cyber SBIR late last year.
Wonder if we will be featured in part of the solution?
This Phase I effort investigates Artificial Intelligence (AI) and Machine Learning (ML) solutions to enhance MDA Defense Industrial Base (DIB) Cyber Risk Management (DCRM) Operations. AI/ML solutions detect and help defeat evolving and expanding cyber risks and threats.
This has advantages over traditional rule based systems and role based access control. Current solutions are brittle in the face of emerging threats. AI/ML systems, on the other hand, are able to learn patterns in new threats. In Phase I, Quantum Ventura will adapt existing Technology Readiness Level (TRL) 4+ ideas for AI/ML solutions to detect and recognize cyber threats. AI/ML systems include clustering algorithms, deep learning and transformer-based models.
Work will investigate applying these technologies to detect and thwart cyber threats in MDA DIB. If successful in Phase II, the technology can be optimized and demonstrated outside of a proof of concept. Approved for Public Release | 24-MDA-11906 (16 Sep 24)
Tagged as:
SBIR
Phase I
2024
DOD
MDA
Wonder if we will be featured in part of the solution?
Cyber Threat Hunter
Amount: $149,850 Topic: MDA241-003This Phase I effort investigates Artificial Intelligence (AI) and Machine Learning (ML) solutions to enhance MDA Defense Industrial Base (DIB) Cyber Risk Management (DCRM) Operations. AI/ML solutions detect and help defeat evolving and expanding cyber risks and threats.
This has advantages over traditional rule based systems and role based access control. Current solutions are brittle in the face of emerging threats. AI/ML systems, on the other hand, are able to learn patterns in new threats. In Phase I, Quantum Ventura will adapt existing Technology Readiness Level (TRL) 4+ ideas for AI/ML solutions to detect and recognize cyber threats. AI/ML systems include clustering algorithms, deep learning and transformer-based models.
Work will investigate applying these technologies to detect and thwart cyber threats in MDA DIB. If successful in Phase II, the technology can be optimized and demonstrated outside of a proof of concept. Approved for Public Release | 24-MDA-11906 (16 Sep 24)
Tagged as:
SBIR
Phase I
2024
DOD
MDA
Why is it that we cannot sell Skida to data centres. Years ago it was stated that we could reduce power by 90%. Surely any data base would be willing to reduce their power costs.
Wow. Thanks dingo but now I’m super confused
CHIPS
Regular
Hey chippers, why don't we wait until the end of the year and see what will happen?
We can exchange a lot of opinions to release our fear, but nobody here knows the reasons for such a step.
We know for sure that neither the Board nor Sean sold their stocks, so it can't be that bad. (Let's ignore Anil in this case as he still has a major number of stocks left.)
I expect some big news soon.
We can exchange a lot of opinions to release our fear, but nobody here knows the reasons for such a step.
We know for sure that neither the Board nor Sean sold their stocks, so it can't be that bad. (Let's ignore Anil in this case as he still has a major number of stocks left.)
I expect some big news soon.
Similar threads
