Sorry Xray1, just a small point and I’m happy to be proven wrong.I note that the last 4C said that:
" BrainChip incurred $0.77M in third party licenses and hardware related to the development of next-generation Akida engineering samples."
So now that we know where $390,000 AUD ended up. I wonder what they purchased with the remaining $AUD 380,000 ??!!!
BrainChip today have released a price sensitive Ann re the ownership and purchase of JAST ,horray Great move.
So my assumption from that price sensitive Ann is ... , that this purchase has only just been completed and has just occurred, therefore the ASX is now updated and fully informed.
Given this assumption, I think it’s fair and reasonable to assume any backdated connection to the previous 4C expenditures are not related.
Imo , the previous 4C expenditure of .77 mil Usd is unrelated to today’s Ann.
I’m more than happy to be proven incorrect in my thoughts.
Love your work and look forward to more to come.
Edit: just wondering Xray1 , would it be possible for the payment process to have begun before 4C and only just now completed. Perhaps TonyD can enlighten?
I’m open to any input
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