Well we are all loving the new website and why wouldn't we. This guy is not such a fan but maybe he makes a good point?
A simple website update has unintentionally fuelled a flurry of investor speculation over a partnership with a global processor designer.
themarketbull.com.au
Whilst none of us really know what's going on it will be interesting to see if this statement comes to fruition.
"Brainchip may soon be subject to an ASX-price query to announce any partnership details as the story develops?"
I posted the following the day of the ARM partnership reveal:
Not based on how Brainchip uses the term partner. ARM is a partner not a supplier. It is not even just a vendor of AKIDA.
This is an extract from the response I received which will assist:
"Socionext is a supplier/vendor but we do not have a partnership or any other arrangement with them...
MegaChips and Renesas are customers and we are attempting to distinguish between customers (who pay us)
and firms we are partnering with to enable AI. It’s a very different arrangement. We are not paying them, nor are they paying us but by combining our products and services, we believe we have a far more compelling offering.
It’s a subtle but important distinction."
Last year I did a reasonable amount of research on the question of ASX disclosure which I shared with the company not by way of advice but as information relevant to the issues they were having with the ASX and customer NDA requirements.
The WANCA in the article you posted is completely wrong in my opinion and the Brainchip understanding of the ASX Rules and how they are to be applied is correct.
The WANCA is picking up on the line originally run by MF in their article shortly after the ARM partnership was revealed.
There will not be an ASX formal enquiry in my opinion as they would if they had any concern simply contact the company informally first and accept the informal advice yes that is correct it is a partnership no money involved. To do otherwise would allow Brainchip to turn an otherwise non price sensitive announcement into one which Brainchip can announce on the ASX when answering the formal ASX enquiry.
Absolutely my opinion DYOR
FF
AKIDA BALLISTA