BRN Discussion Ongoing
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Pom down under
Top 20
Money. I just want to see money!
Pom down under
Top 20
Pom down under
Top 20
Pom down under
Top 20
Maybe the move was so they could deal with more intelligent investors. Not usThis will be the last AGM in Australia, so I expect the CEO and board will finish the meeting raising their middle fingersup in the air saying so longgg suckers!!! Sean and a few others hate flying over here and face the people that actually pay them
Frangipani
Top 20
View attachment 80957
#ai #neuromorphic #defensetech | BrainChip
BrainChip is proud to announce a new partnership with Information Systems Laboratories, Inc. (ISL) to develop advanced AI-based radar research solutions…www.linkedin.com
What a misleading screenshot that is, using a cropped comment and making it look like a confirmation by our CTO that ISL were the subcontractor for the AFRL contract announced in December:
In reality, though, the comment section looks like this (the most recent comment being on top):
I am still convinced that the undisclosed subcontractor referred to in the AFRL announcement was RTX.
Not sure, though, what’s taking them so long to negotiate…
Bravo
If ARM was an arm, BRN would be its biceps💪!
Intel CEO Lip-Bu Tan To Partners: ‘Please Be Brutally Honest With Us’
Intel CEO Lip-Bu Tan told partners and customers on Monday to “be brutally honest with us” as he works to “build a new Intel” that is “equally focused” on strengthening its products and building a “great foundry.”
March 31, 2025, 6:49 PM EDT
In his first public appearance as Intel’s new CEO, Lip-Bu Tan urges partners and customers to ‘be brutally honest with us’ as he works to ‘build a new Intel’ that will be ‘equally focused’ on strengthening the chipmaker’s products and building a ‘great foundry.’
Extract 1
Extract 2
Sure, I hope you are right.We're going around in circles, but royalties are usually paid on products sold, not made.
Again, we don't know the royalty structure, so anything said, is just speculation, but your opinion, isn't "usually" how things work.
Also, I think you are underestimating MegaChip's relationship with Nintendo.
Nintendo is a major customer of theirs and there is more than a passing possibility, that the original licence, was taken out with them in mind.
From the original strategic partnership release.
BrainChip Partners with MegaChips to Develop Next-Generation Edge-Based AI Solutions
BrainChip: MegaChips has licensed Akida™ IP to enhance + grow its technology positioning for next-generation, Edge-based AI solutions.brainchip.com
"By partnering with BrainChip, MegaChips is able to quickly and easily maintain its industry innovator status by supplying solutions and applications that leverage the Akida revolutionary technology in markets such as automotive, IoT, cameras, gaming and industrial robotics".
(emphasis mine)
That is getting close to 3 and a half years now, which would work out as an appropriate development time frame, so us being in the Switch 2, is not "Pie in the Sky" hope.
DingoBorat
Slim
BrainChip 2025 AGM.
My thoughts and concerns.
And what I believe, is the best way to send a message.
Excerpts, are from AGM notice and proposed Director letter.
Resolution 2
Re-election Geoffrey Carrick as Director? (Shaw and Partners connection).
I don't know much about this guy, but my Dingo senses, smell something "off" with him.
I don't like that he is our connection with Shaw and Partners and "believe" he is also possibly our "connection" with the shorters (just my gut feel).
Resolution 5
Sean 7.5 million RSUs
"Mr Hehir is eligible to receive a
Short-Term Incentive (“STI”) of up to 100% of the aforementioned salary annually"
(eligible, Not "entitled")
"If this Resolution is not approved, the Company will not be able to issue the Restricted Stock Units to Mr Hehir and the Company will need(?) to consider alternate means of compensation for Mr Hehir"
I don't see why Sean not getting these RSUs is a problem, as he is "eligible" for "up to" 100% of his salary, not entitled.
0% is still "up to" 100%.
Where is the "need" to further compensate Sean?
This is not what the agreement states, when it says "up to 100%" the way I see it (and I think that would be the Legal contractual interpretation).
"While the word eligible is defined as “qualified to participate or be chosen”, entitled means “having a right to certain benefits or privileges”"
I'm not into bagging Sean and think he's working as hard as he can and harder, but do I think he should be "rewarded" with 100% of his salary in RSUs, for the Company's commercial progress and share price performance?
No.
Resolution 6
Elect Steven Liebeskind as Director?
"Mr Liebeskind has been closely associated with BrainChip Holdings Ltd since its inception. In 2004, he collaborated with Mr van der Made in founding the private company that would
ultimately evolve into BrainChip’s ASX-listed entity"
"From 2016 to 2017, Mr Liebeskind was invited by the BrainChip Board to act as a strategic advisor, assisting or driving key operational initiatives. On 1 May 2018, Mr Liebeskind was formally appointed as a Non-Executive Director of BrainChip Holdings Ltd, where he became Chair of the Audit & Governance Committee (effective 1 April 2019). Chair of the Remuneration & Nomination Committee (effective 1 January 2020)"
They say we already have enough Directors?
Well if we get rid of "Geoff" I believe that opens a spot.
I would genuinely like to know, what Peter thinks (privately) of his election, as he (Steve) was involved from the beginning and obviously knows the Company well and I "believe" he has the Company's best interests at heart.
I'd also like to know, the reasons "why" the board seems so dead against him, with the history he has with the Company?..
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ndefries
Regular
it means the board is happy with the diversity of skill sets of the current members not demographic diversity.
DingoBorat
Slim
WTF? Diversity?..
Diversify Geoff, into finding a new gravy train and get someone on, with a solid foundation and background, in the Company.
HopalongPetrovski
I'm Spartacus!
I would like and expect to hear from Mr Liebeskind directly with his pitch for our vote.
I assume he controls the votes from Crossfield Intech nominees pty ltd, as they have nominated him.
However at last count (Top20 11 Feb. 2025) that only amounts to .333% so he will need more on his side of the ledger, particularly as the existing board doesn't want him and are encouraging us to vote him down.
I would particularly like to know his views regarding the proposed re domicile to USA and if he intends staying beyond that occurring, as well as his general views regarding the future direction and commercialisation of the company.
Also why, in his view, is the current BOD against his inclusion, particularly given his previous relationship to the company?
I assume he controls the votes from Crossfield Intech nominees pty ltd, as they have nominated him.
However at last count (Top20 11 Feb. 2025) that only amounts to .333% so he will need more on his side of the ledger, particularly as the existing board doesn't want him and are encouraging us to vote him down.
I would particularly like to know his views regarding the proposed re domicile to USA and if he intends staying beyond that occurring, as well as his general views regarding the future direction and commercialisation of the company.
Also why, in his view, is the current BOD against his inclusion, particularly given his previous relationship to the company?
White Horse
Regular
Steven Liebeskind,
According to his resume has to be about 68 or more.
He belongs on the pasture where he has been for the past 3 years, NOT in our boardroom.
My guess is he knows very little of the technical side of the business.
He would be a waste of space.
DingoBorat
Slim
Very little of the "technical side" of the business?..
And what do you think Geoff's qualifications are in that regard?
I'd bet Steve knows more than Geoff and how does his age have anything to do with it, unless he has the same issues Biden has?
Biden was running the most Powerful country in the World, with soup for brains, at 82.
ndefries
Regular
it means the board is happy with the diversity of skill sets of the current members not demographic diversity.
ha - Biden shouldn't be the mental benchmark to assess director capacity
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