BRN Discussion Ongoing

[robsmark]

Someone is selling big time so it be interesting to see the top holders now

Volume suggests otherwise Rocket…

 

[Deleted member 118]

Volume suggests otherwise Rocket…
View attachment 14206

But it’s been going on for quite a while and I couldn’t work out if it was some one accumulating or shorting, now I think it’s someone selling some shares instead.

 

[Pmel]

That’s what happens a company adds zero value from a shareholders perspective in eight months.

I’ve spoken to Tony about this recently and I’m sure there’s plenty going on behind the scenes (just to clarify Tony told me nothing he shouldn’t have - an astute professional), but at face value - it’s average.

They need to get some positive commercial uptake news out into the market now, or this type of fuckery will continue.

100% agree with you. When there is no news for a while the SP will drop. I read your other post about having a chat with tony. What is your opinion after the chat . Was it positive . I know he wont have mentioned anything he shouldn't but how did you feel specially when some of us are frustrated with no news coming put of the company. Thanks in advance .

 

[GazDix]

But it’s been continuous for quite a while now and soon adds up

With small orders as we have seen it is certainly accumulation happening (institutional bots) and not a sell off happening. Usually the accumulator plays pong with itself to get the SP down and then... Zip buy more at a lower price as retail are scared out (or exhausted). This trading pattern will continue unless there is an announcement and I saw this too a lot when we were trading around the 30 cent mark a few years ago.

Good on to Robsmark to reaching out. All sounds positive behind the scenes.

 

[robsmark]

But it’s been continuous for quite a while now and soon add up

100% agree with you. When there is no news for a while the SP will drop. I read your other post about having a chat with tony. What is your opinion after the chat . Was it positive . I know he wont have mentioned anything he shouldn't but how did you feel specially when some of us are frustrated with no news coming put of the company. Thanks in advance .

Hi Pmel,

The chat overall was positive, but Tony is an Investor Relations Manager, so even if the ceiling was falling in, I’d expect him to still wear an outward smile.

As investors we have to look at the basic fundamentals from time-to-time to realign ourselves:
1. Has anything negative changed for the company?
2. Has the demand for this technology changed?
3. How are we travelling financially - anything to be concerned about?
4. Has a competitor made a better product, or making up ground on our product?
5. Has any legislation been introduced which affects our business model?
6. Have any global events happened that would affect our business model?
7. Has anyone significant to our company left?

The answer to all of these questions is of course no. Would I have liked to see more from this year, yes. That’s not to say that it isn’t happening behind the scenes. I’m certainly not selling any of my hard earned shares.

We know we have revenue incoming next year from Mercedes, and there looks to be other strong connections with high potential.

I remain optimistic.

 

[Slade]

I sent him an email and too my surprise he called me.

We spent a good half an hour discussing various things from Nasdaq listing (he shares my perspective here, that is that’s there’s lots more value to pull from the ASX before listing in the US), to existing customers and timeframes. He told me that he isn’t privy to any information inside of an NDA - which I hadn’t considered, but certainly makes sense. He mentioned how the sales teams was actively working and very busy - I asked if it was active or reactive sales, and he said it was a mixture of both. He said that a couple of companies have dropped out of the EAP (as mentioned by the company previously) but this was due to them wanting to redesign their product due to the increased capability of Akida. He said that the company had expected to have had more customers signed by now, but they were taking their time. He mentioned that many companies were still trying to understand SNN processing method, but understood how it was the next step.

The conversation was based around how busy they are in Australia, and how the international offices were too.

It was positive, and he sounded engaged.

He also mentioned that he reads the posts here, so hi Tony - I hope it’s okay referencing our conversation!

A couple of companies have dropped out of the EAP!!!!!

 

[robsmark]

A couple of companies have dropped out of the EAP!!!!!

This is old news - was mentioned by the company ages back. Like I said though, Tony said this was to redesign their products, and stated that it was not due to Akida performance.

 

[Slade]

This is old news - was mentioned by the company ages back. Like I said though, Tony said this was to redesign their products, and stated that it was not due to Akida performance.

That’s not old news. The CEO mentioned that he knew of one pulling out but not companies pulling out. And for them to say they expected more to sign by now is worrying. Many EAPs must be coming up to 3 years. We need a proper update on this.

 

[robsmark]

That’s not old news. The CEO mentioned that he knew of one pulling out but not companies pulling out. And for them to say they expected more to sign by now is worrying. Many EAPs must be coming up to 3 years. We need a proper update on this.

Perhaps I have misquoted this, the conversation was a couple of weeks back. Nothing he said at the time raised any eyebrows or was new news. He said timeframes were longer than expected, but this was due to prolonged testing.

But I do agree, it’s definitely time for an update.

 

[Bravo]

I think it's perfectly understandable if they wanted to redesign their product due to the increased capability of the next iteration/s of Akida. Perhaps we need a new AKIDA 1500 or AKIDA 2000 EAP list?

 

[Xhosa12345]

Perhaps I have misquoted this, the conversation was a couple of weeks back. Nothing he said at the time raised any eyebrows or was new news. He said timeframes were longer than expected, but this was due to prolonged testing.

But I do agree, it’s definitely time for an update.

yeah i just re-read the quarterly activities report. literally would have been typed up in 10 minutes. i know we dont want fluff announcements but it can give a level of comfort rather than also relying on the handful of posters here who give many hours in giving us extra information in trying to piece together the story.

surely has to be wiggle room to be able to give a meaningful company update while not breaching any nda's- and yes i read the newsletters also before anyone jumps down my throat.

just my thoughts, but im not selling 1 share until the december 4c is out early next year anyway

 

[robsmark]

I think it's perfectly understandable if they wanted to redesign their product due to the increased capability of the next iteration/s of Akida. Perhaps we need a new AKIDA 1500 or AKIDA 2000 EAP list?

Agreed - let’s say as a product manufacturer you have a design either in planning, or in very early stage development and the opportunity to test a SNN pops up. During the testing they realise that Akida can do a whole lot more than they had originally planned for this product, so they revisit the drawing board to either expand functionality or reconsider the entire design concept. This is the impression I got when talking with Tony.

 

[jtardif999]

I sent him an email and too my surprise he called me.

We spent a good half an hour discussing various things from Nasdaq listing (he shares my perspective here, that is that’s there’s lots more value to pull from the ASX before listing in the US), to existing customers and timeframes. He told me that he isn’t privy to any information inside of an NDA - which I hadn’t considered, but certainly makes sense. He mentioned how the sales teams was actively working and very busy - I asked if it was active or reactive sales, and he said it was a mixture of both. He said that a couple of companies have dropped out off (as mentioned by the company previously) but this was due to them wanting to redesign their product due to the increased capability of Akida. He said that the company had expected to have had more customers signed by now, but they were taking longer than expected for testing. He mentioned that many companies were still trying to understand SNN processing method, but understood how it was the next step.

The conversation was based around how busy they are in Australia, and how the international offices were too.

It was positive, and he sounded engaged.

He also mentioned that he reads the posts here, so hi Tony - I hope it’s okay referencing our conversation!

Thanks @robsmark EAPs dropping out wanting to redesign their products due to Akida being modified is quite significant imo; it speaks imo that the EAPs have probably had products in play for a while, perhaps, since 2019 when the Akida IP was released - so many would be close to production… we’re a ticking time bomb.

 

[robsmark]

Thanks @robsmark EAPs dropping out wanting to redesign their products due to Akida being modified is quite significant imo; it speaks imo that the EAPs have probably had products in play for a while, perhaps, since 2019 when the Akida IP was released - so many would be close to production… we’re a ticking time bomb.

Just on the time elapsed since the EAP started you think some would be nearing fruition.

 

[Tony Coles]

Thanks mate.

Disappointing that it sounds like signing customers is proving to be a little difficult.

You are right in that our share price is in the hands of manipulators until we increase our sales revenue. It will take nerves of steel over the next 12-18 months, particularly if revenue expectations are not met. We have a 2 billion dollar market cap and at some point, we need to justify such a valuation. Hopefully, the next 18 months shows that we are worthy of a MC much higher!

Revenue expectations 12 to 18 months you say, no way bud by next two quarterlies or 6 months if not decent revenues come through or any announcements come through then this will unfortunately be taken over by shorters and they will bring it back to where they need to, to cover there short sales, I hope it doesn’t happen but if it does well it might go below 90cents or even 80cents, I’m thinking like all of you guys and gals I hope these ars#h@les get burnt and the share price keeps creeping up towards $3 plus, just waiting patiently for our next 2 quarters and our AGM meeting. Take Care all BRN holders, love reading all the posts and FU%K THE TERS. Today was a weird trading day. “By the way not having a crack at u alwaysgreen“ cheers mate!

 

[Deleted member 118]

surely has to be wiggle room to be able to give a meaningful company update while not breaching any nda's- and yes i read the newsletters also before anyone jumps down my throat

Off course there is and it’s very annoying why they don’t, guess they more interested in there company than giving the shareholders at least something and not nothing like they are

 

[Deleted member 118]

Just on the time elapsed since the EAP started you think some would be nearing fruition.

From what the last ceo said to where we are now, something is a miss

 

[Deleted member 118]

. Today was a weird trading day. “By the way not having a crack at u alwaysgreen“ cheers mate!

It’s been very weird trading for a while and the company own the shareholders especially those who have held shares and INVESTED in the company from the start something to thank them for there patience and long term support, it’s so easy even with NDAs to give them some news.

 

[RobjHunt]

It’s been very weird trading for a while and the company own the shareholders especially those who have held shares and INVESTED in the company from the start something to thank them for there patience and long term support, it’s so easy even with NDAs to give them some news.

"It’s been very weird trading for a while and the company own the shareholders especially those who have held shares and INVESTED in the company from the start"

Isn't it more so the other way around? Well that is my opinion anyway.

I do agree though with others commenting that a beneficial update wouldn't hurt or go astray.

I'll continue to keep with my mantra;

Pantene!

 

[cosors]

The InCabin will take place in Brussels in September. I admit that I let myself be guided by my and ended up with Smart Eye a Swedish company.
https://auto-sens.com/incabin/speakers/
They were only mentioned once in passing in an article here. It seems to me that they follow the same topic as Nviso but with a different approach. My point in mentioning them is only to expand the ecosystem with this possibility. If our office is reading here along as mentioned it might not hurt to give them a call if not already done or if it makes sense. The following statements from their homepage:

"Smart Eye is the global leader in Driver Monitoring System and Interior Sensing solutions. Paving the way for a world with safe, sustainable transportation and human-centric mobility experiences.

...

Integrate the future in today's cars​

With over 20 years of experience, Smart Eye is the preferred partner in the automotive industry. Today, our road-ready Driver Monitoring Systems are embedded in 94 production cars by 14 of the world’s leading OEMs. Our next-level Interior Sensing solutions enhance mobility experiences through new wellness, comfort, and entertainment features. For fleet and aftermarket, we provide complete hardware and software solutions for a safer journey today. Our automotive research enables deeper insights into human behavior and human-machine interaction inside tomorrow’s vehicles.

...

Driver Monitoring System​

By studying a person’s eye, face, head and body movements, and the objects they use, Smart Eye’s interior vehicle algorithms can draw conclusions about a person’s alertness, attention, focus and much more. This is the foundation of our robust, reliable, and road-tested Driver Monitoring Systems that work with flexible camera placement and can be easily integrated in any car, regardless of platform."
https://smarteye.se/solutions/automotive/#automotive-interior

Paving the Way for Safer Driving with Applied AI Systems (AIS)​

Driver Monitoring Systems (DMS): A New Era of Road Safety​

https://smarteye.se/technology/

Unfortunately, I couldn't quickly find out which hardware their algorithms run on. But there are some professionals in this field among us. Maybe someone will take a look at this seemingly interesting company?


____________
"Artificial emotional intelligence, or Emotion AI, is also known as emotion recognition or emotion detection technology."
https://smarteye.se/technology/emotion-ai-facial-expression-analysis/ => https://blog.affectiva.com/emotion-ai-101-all-about-emotion-detection-and-affectivas-emotion-metrics
Precisely on this topic of Social Scoring through AI the EU Commission has a proposal to ban it in general. A decision will be made next year. I can't yet imagine that it will be generally banned.
https://ec.europa.eu/info/strategy/...e/excellence-trust-artificial-intelligence_en
https://ec.europa.eu/commission/presscorner/detail/de/ip_21_1682