BRN Discussion Ongoing

[jrp173]

One thing someone at the AGM should ask is managements definition of the word bookings, The statement that we expect higher bookings in 2025.
Think shareholders should know it does,nt mean,IP Licences, Revenue,Sales,Contracts. It means at trade shows talking to parties that’s it, that is what we pay them there generous bonuses for, the same shit they have done the last six years all talk no action. All these partnerships are a way of hiding the fact nobody wants to buy a IP Licence and pay upfront we are giving our IP away in the hope it may result in a saleable item. If it’s not the case then where the fuck is all the revenue from all the items we are supposedly using it in space. Glad I brought a engineering business not!

I asked Tony Dawe this question earlier this week. The reply:

 

[jrp173]

I don't think the redomicile will be on the cards for a while (if it even happens).

Even Brainchip know that there is no chance in hell that shareholders are going to vote for redomicile, unless there is a significant increase in share price (plus many other factors still to be addressed).

Of course all purely speculation at this stage, since we've been given no details on possible exchange however let's say it is the Nasdaq and base it on today's share price of 25 cents AUD. The minimum price required to list on Nasdaq is $4 USD ($6.27 AUD), so this would mean a consolidation of 25:1.

Why anyone would vote for that is beyond me.

However importantly, a redomicle MUST be approved by shareholders.

There are two shareholder votes required:

Headcount Test - a simple majority (50% plus one) of the registered shareholders,
then
Voted Shares Test - 75% of the votes cast on the resolution (this means 75% of the shares voting on the resolution).

I honestly feel like it was put out there to distract shareholders from important items relating to the AGM (like not approving the remuneration report).

As for the 4C saying, they put the idea out there to gauge shareholder reaction is nonsense. If they really wanted to know how shareholders felt, why would they not call their top 20 shareholders to see what they thought, rather than drop a price sensitive announcement that caused the share price to drop from 30c to low 20s....

 

[MDhere]

I don't think the redomicile will be on the cards for a while (if it even happens).

Even Brainchip know that there is no chance in hell that shareholders are going to vote for redomicile, unless there is a significant increase in share price (plus many other factors still to be addressed).

Of course all purely speculation at this stage, since we've been given no details on possible exchange however let's say it is the Nasdaq and base it on today's share price of 25 cents AUD. The minimum price required to list on Nasdaq is $4 USD ($6.27 AUD), so this would mean a consolidation of 25:1.

Why anyone would vote for that is beyond me.

However importantly, a redomicle MUST be approved by shareholders.

There are two shareholder votes required:

Headcount Test - a simple majority (50% plus one) of the registered shareholders,
then
Voted Shares Test - 75% of the votes cast on the resolution (this means 75% of the shares voting on the resolution).

I honestly feel like it was put out there to distract shareholders from important items relating to the AGM (like not approving the remuneration report).

As for the 4C saying, they put the idea out there to gauge shareholder reaction is nonsense. If they really wanted to know how shareholders felt, why would they not call their top 20 shareholders to see what they thought, rather than drop a price sensitive announcement that caused the share price to drop from 30c to low 20s....

Maybe best case scenario is a u.s. buyer is lurking in the background, offers the Company 15 billion of dollars (made up figure of course) and they say, right now Brainchip you need to buy back all the australian shares at ($6.27 AUD, the price that you quoted @jrp173 ) and then float it all on the u.s. market under our subsidiary name.

That's all the Australian shareholders have been bought out at the u.s. float price, done and dusted.
Well to me this would be a win win for us shareholders and a win win for the company to move smoothly to u.s.

Then we can all buy the u.s. shares as we wish.

Well I am hoping that my theory is actually reality. And I'm not dreaming, I'm wide awake at work number crunching lol

 

[Frangipani]

On 1 December 2024, both @Humble Genius and @Kamikaze kai shared the following LinkedIn post by Sounak Dey from TCS Research with us:

#icpr | Sounak Dey

Sometimes back, our work focus was on the use case of "In-car Driver Drowsiness Detection". We did the usual tasks of designing a Spiking Neural Network (SNN) and then deploying it on BrainChip Akida 1000 neuromorphic board. The model has achieved upto 92% accuracy on four classes. Energy...

www.linkedin.com

Yesterday, the work he referred to, which was presented at ICPR 2024 in Kolkata (1 - 5 December 2024) by Sounak Dey’s and Chetan Kadway’s co-author Ajoy Dey, was published online (the text beyond the abstract is, however, behind a paywall):

Towards On-Device Learning and Personalization: A Case of In-Car Driver Drowsiness Detection System Using Neuromorphic Computing

Car accidents due to driver drowsiness is a very serious pan-world problem. At present there are few AI-based drowsiness detection and alert systems, but they are not suitable for cars due to their requirement of large memory, power, and latency and...

link.springer.com

 

[Pom down under]

it is likely a anonymous poster who just happened to pretend to be that person and then post a possible correct old email of lous . And if LDN still has that address if in fact his in the first place, well wont he get lots of spam emals lol That crapper poster should be blocked for pretending to be someone other then an anonymous d..k lol

Hey


I did get a response from Lou below and I’ve also asked him his thoughts on moving to the US with the SP at its current price and why the board would not want Steven Liebeskind elected as a director. Not expecting a response, but you never know.

 

[Pom down under]

Hey


I did get a response from Lou below and I’ve also asked him his thoughts on moving to the US with the SP at its current price and why the board would not want Steven Liebeskind elected as a director. Not expecting a response, but you never know.

View attachment 83543

I have received a response from Lou regarding my 2 questions, but I’m requesting permission to post them here.