rgupta
Regular
The Sean and team is so transparent that they lie to holders in day light. Last CR Sean told us it is because of their relationship with investors in Australia and it is all about their relationship development in last two years. Now we know who used those shares, shorters were very active for those two years, does it mean management was in process of relationship building with the shorters. Sean and team can never defend us holders, they actually suck all the oxygen from the holders.I understand that you don’t want to discuss Weebit here, and I respect that. However, I have to call out poor management when I see it. At the last AGM, Sean stated that he would improve communication with shareholders, but this has not happened. While he does his quarterly podcast, it often feels repetitive, sticking to the same scripted responses rather than providing real insights or meaningful updates. Compared to Weebit’s more transparent approach, BrainChip’s communication still falls short, leaving investors frustrated and uncertain.
Yes they are telling us their intentions time and again but we are idiots. I still remember last three AGMs with Sean
1st one judge me on the results, look at the bottom line, but no results, he told us h the way to judge him and if we are unable to judge him then it is our mistake.
2nd AGM I think he was fearful that someone will ask him a question what he said in 1st AGM, he try to complete his speech in a hurry, looks very nervous and left the stage before someone ask him a question
3rd AGM a classical case everything was going alright until someone ask him a question, a simple business question
If a rising drone company approach brainchip for their technology will they attend to them or not.
Sean said easily they will not entertain the same and then Antonio jumps in and start telling a long story how, why, where.
But matter of fact the question was about writing an essay but a strategy they work out in team meetings. It is not possible that CEO is telling something different from team meeting strategies but yes Antonio felt it is not a right answer and try to convince audience. So if a CEO is not good enough to defend his own answer then how good it looks to the market.
Now we get an information that company is planning a redomicile just before on market sell off and no plans and strategy is shared with broader market. No one cares what will be the consequences, how the market will react, does it necessary to share information without a proper plan but yes we have a plan and we have holders who will bear the burden.
I don't want to debate on technology knowledge Sean have but one thing is coming out loud and clear there are questions on his business acumen and to run a company as CEO, someone must have better understanding of a publicly floated start up.
Dyor