BRN Discussion Ongoing

[mkm109]

Damn-o-lam! Everyone's an expert nowadays. So who do *you* think Citibank is working for? And don't hold back!!

I don’t know. It’s got nothing to do with the fact that the ASX is closed on Saturday, which is all I was sayin.

May be Dolce or someone else can share some of the broker data and show us what really took place today.
How much of the volume was just churn and who ended up gaining or selling shares?

 

[Fullmoonfever]

I normally don't drink until after dinner,
But day like today
View attachment 12809
Its great to be a shareholder!

Learning,

I'm not truly impressed unless you tell me what looks like a robo vac on the floor has Akida in it

 

[Potato]

good question.......I see today as a positive as I still hold (and wont be selling for many years) and I think you may be right that someone is buying

Is Andreas buying?

 

[Cardpro]

Big difference when a stock is been artificial held down by illegal coordinated short campaigns and trading bots. It stifles organic growth. Though the company only has itself to blame here imo, as they do sweet FA to invigorate investors. Podcasts and LinkedIn posts don’t stimulate a SP, revenue and evidence of further commercialisation does:

I want to know:

- What revenue they are expecting in the coming 4 quarters based on current contracts?
- How many companies remain in the EAP (which started more than 2 years ago)?
- How many started out for that matter (specifically, not just a couple of dozen)?
- How far progressed are they into their testing?
- What is the industry distribution amongst these participants?
- Who are the current top 20 holders?

2022 was promised to me a huge year for Brainchip, but let’s be honest - it’s been piss poor. Other than Mercedes (which I believe was last year) we’ve heard nothing. Revenue is still shit. Shareholder engagement is shocking. I understand we have NDA, but imo the above information would’nt breach anything. Hell, I’ve heard more from Mercedes directly than I’ve heard from the company which I have loyally supported for the past few years.

My patience is running thin.

We didnt even hear about the Mercedes from the Brainchip management, it was Mercedes themselves and the media spreading the news. Other than forming partnerships, all I noticed was removal of the ford reference from the ppt slides without any explanation and providing no updates on any of the eap customers or progress other than one of them dropping out (again no explanation).

Although I will continue to hold as I do believe that our tech have heaps of potential and as I am quite happy where company is headed, it almost feels like they are not spending much attention to short/mid term share price given they got enough cash already. I get its not their main focus to keep retail investors happy, but I think they should try a bit more...

 

[robsmark]

We didnt even hear the Mercedes from Brainchip, it was Mercedes themselves. Other than forming partnerships, all I noticed was removal of the ford reference from the ppt slides without any explanation and providing no updates on any of the eap customers or progress other than one of them dropping out (again no explanation).

Although I will continue to hold as I do believe that our tech have heaps of potential and as I am quite happy where company is headed, it almost feels like they are not spending much attention to short term share price given they got enough cash already.

Nailed it. Very irresponsible in my opinion.

 

[Foxdog]

Pays to remember we are only 7/12ths through 2022. Two more 4C's to come, in which real revenue should start showing. 2022 could still be a cracker of a year.

On another note, I don't think there is anything close to AKIDA out there - it's unique and will be the 'must have' tech for many companies, including our multi-billion dollar competitors. These same companies will be working out how to acquire our tech as their own. I'm with YAK on this one - our management team must aggressively protect shareholders interests and thwart any future takeover attempts. A bit of timely news to burn the shorts would be a good place to start.

 

[Diogenese]

You seem to be basing your whole argument around revenue in the middle of a chip shortage. Akida is new tech and you have to build a whole new ecosystem to get the tech to work as expected in each application. One size doesn't fit all.

Every slot to manufacture chips in 2023 was filled months ago so even if you figure it out an application today you can't get it manufactured until 2024.

BRN doesn't control it's revenue. It isn't a mining company. BRN is totally dependant on others to come up with applications to use BRN IP. Then when and how many applications they manufacture and sell is up to them not BRN. They won't necessarily tell BRN either. If the application is a success and the chip shortage is over, they'll manufacture more increasing BRN's revenue.

Personally I think the progress in 2022 has been beyond belief. The brand and tech recognition has exploded along with partnerships to put the building blocks in place to roll out Akida globally. Nothing was ever going to happen overnight. If you thought that, it was just inexperience and you live and learn.

Even on HC I was saying it was going to be 2-3 years before you see any significant revenue. On the flipside, an application might pop up next week in which the company has pre-ordered slots and is willing to use them for the application using Akida. It is the nature of the business.

A lot of people don't seem to understand BRN's business model and how it operates. Owning BRN shares is not for the fainted hearted or the inexperienced. There are no guarantees here. The entire ecosystem is fluid and did I mention we're in the middle of a chip shortage not to mention a shipping shortage.

If the chip manufacturing slots are as rare as all that, we could auction off the slots we had reserved with TSMC after the first Akida commercial production run.

 

[buena suerte :-)]

Bad end to the week Chippers $$$ it happens .... be kind and stay healthy ..... enjoy ya weekend ...

 

[Learning]

Learning,

I'm not truly impressed unless you tell me what looks like a robo vac on the floor has Akida in it

FMF,

The 1000 eyes,

When I can confirm Akida is in one, I will have it the house.

Its great to be a shareholder!

 

[buena suerte :-)]

I normally don't drink until after dinner,
But day like today
View attachment 12809
Its great to be a shareholder!

CHEERS ....

 

[Tels61]

Hi Guys,
I don't post often but I felt compelled to today.
It appears something is a foot today, a massive, unusual drop in the SP, with no obvious event that can
be attributed to it, no world, local or industrial occurances.
Yak, raises some good points but could, maybe relate them a little better, anyway, I don't think we can
just dismiss the movement today as nothing to worry about business as usual, because quite frankly it's
not.
Its a shame we can't get calmer, wiser heads like FF or tech to give us their spin on todays activities.
Or can we??????
Kind Regards
Tels61

 

[Diogenese]

No mate, I’m basing my whole argument around the lack transparency and accountability for shareholders. I’m also trying to gauge the industries appetite for Akida.

This is difficult to do during an eight month company news blackout, in what should be it’s first full year of commercialisation.

News blackout?

Nviso, ARM, Prophesee, SiFive all seem pretty enthused.

 

[robsmark]

good question.......I see today as a positive as I still hold (and wont be selling for many years) and I think you may be right that someone is buying

You’re one of the posters the posters whos opinions I’ve valued for a couple of years now, so dont take this the wrong way. I don’t see any positives whatsoever about today.
- My net worth stunk by more than $50k
- Many retail investors would have been spooked out of what may well be a life changing investment
- Institutions very likely gained some more voting power
- and the one that pisses me off the most it that shorters got a breath of air.

Today was a shit day.

 

[Fullmoonfever]

FMF,

The 1000 eyes,

When I can confirm Akida is in one, I will have it the house.

Its great to be a shareholder!

1000 eyes try not to miss too much don't we haha

 

[robsmark]

News blackout?

Nviso, ARM, Prophesee, SiFive all seem pretty enthused.

On the commercial front I mean…

 

[buena suerte :-)]

You’re one of the posters the posters whos opinions I’ve valued for a couple of years now, so dont take this the wrong way. I don’t see any positives whatsoever about today.
- My net worth stunk by more than $50k
- Many retail investors would have been spooked out of what may well be a life changing investment
- Institutions very likely gained some more voting power
- and the one that pisses me off the most it that shorters got a breath of air.

Today was a shit day.

With you all the way there robsmark

 

[Filobeddo]

FMF,

The 1000 eyes,

When I can confirm Akida is in one, I will have it the house.

Its great to be a shareholder!

But only if it’s a wet / dry vac

 

[raybot]

Hi RB,
This is what I was alluding to previously.
At some point in the future someone is coming for this company and they are a lot more capable than some of us might know. As small retailers are notoriously bad at voting due to our perceived personal "irrelevance", the thought was that if we were organised into a register with contacts, communication, etc. where we could stay informed and act cooperatively if necessary against any unsuitable action, we might just make a difference. Maybe we could become significant enough to command some sort of communication avenue within our company.
Acquiring shares is easier for the conquerors when there is no unified resistance. Also, the power of these corporations are very far reaching and will definitely be disrupting BODs when the time comes. I'm not bringing into question the integrity of ours, who are doing an amazing job and we are incredibly lucky to be involved in this great company, it's just that this has been happening from the beginning of corporate time and our company isn't likely to be exempt .
Who knows how many shares we could gather together but I do know that united we stand.......

Indeed. Who would have predicted the number of votes against PVDM at the last AGM.

 

[Cardpro]

You’re one of the posters the posters whos opinions I’ve valued for a couple of years now, so do t take this the wrong way. I don’t see any positives whatsoever about today.
- My net worth stunk by more than $50k
- Many retail investors would have been spooked out of what may well be a life changing investment
- Institutions very likely gained some more voting power
- and the one that pisses me off the most it that shorters got a breath of air.

Today was a shit day.

Tbh, I am not even mad by today's movement, brn broke my heart too many times and it doesn't hurt no more...

Tbh, I was quite happy with the revenue from the quarterly report, but now that I've given another thought, we have no idea where the 1MM came from...was it from megachips? Was it from the services we provided? Wth is it?? Cant they add a one liner indicating how we are going?

I think everyone is spending heaps of their time researching to get idea of how we are going because it is the only way other than looking at the revenue on the quarterly report. I get that there are NDAs but surely they can advertise what they are doing which may also help to get more attention from the other potential customers...

 

[DingoBorat]

As I mentioned a little while back, shorters don't have to sell their shares that they borrow immediately. If they feel the SP is trending up, then they will be happy to hold onto their borrowed stock and look for weakness. Why sell into an uptrend when they can wait until maybe make an extra 10-20% on their shorts. Again, maybe we do have a lot more traders here than we think? Because I wasn't overly excited by the SP raising as I'm not concerned about the drop today. It is meaningless other than to say wow my shares went up today or damn i lost 10 %.

We all know what we are waiting for, companies being named, deals being done and revenue on royalties ramping up. I've not seen any of this recently, so the SP will do it's own thing, but when we get what we want, then Elon musk will Tweet, "See our Space X starship rocket like the Brainchip Shareprice today!"

"Because I wasn't overly excited by the SP raising as I'm not concerned about the drop today. It is meaningless other than to say wow my shares went up today or damn i lost 10 %"

Pretty much my thoughts Skutza

Although I was happy to see the share price go up and not happy to see it going down today, I was not elated or depressed either way..

Everything to me, is going as best as it possibly could at the moment, as far as the Company’s concerned.

But to get where I think we should or can be, we need more "solid" progress and that’s going to be an organic process.

I don't think anybody here, doubts that we are in that process now.

Considering we are on the ASX, which is a resource dominated exchange, I think we are doing extremely well, as far as the valuation of our potential future.

When we list on the NASDAQ, in the next year or two, we will be valued, much more, than what people currently think we should be and much more again, with additional progress and building cash receipts.

I'll say now, that I wouldn't be surprised if our next quarterly has lower revenue again, but I expect to see significant traction, in the December quarter.

As a Company, I don't think we are speculative, anymore.
But there is still plenty of speculation, as to what we are worth.

If you're holding this Company, with a 6 month or less price target, you are making a mistake, in my opinion.

If BrainChip can fulfill its stated goals, of being the Default Standard in Edge and Extreme Edge on the Global Stage..
Then this is going to be a Company, that you don't ever want to sell.

I have plans to sell a percentage of my shares, when they reach my own personal targets, to make my life comfortable, but I'm keeping the Lion's share indefinitely, to benefit the Family/Friends, in my life, on an ongoing basis.
And no, that's not so they can all go out and buy Ferraris

At least that's the plan..

You can make money in many ways, from being involved in this Company, but in my view, there will never really be a good time to "sell".

Good Fortune to All Holders.