BRN Discussion Ongoing

[Techinvestor17]

I believe in their clarification, they noted that the aggregate revenue realized from the MegaChips agreement would be USD $2m over the end of 2021 and up until December 31, 2022, paid in tranches.

They also expect further revenue through support services, licensing, royalties, etc. in addition to the up-front license fee in subsequent financial years. The initial term of the agreement with MegaChips is four (4) years.

The amount of revenue recognised in FY 21 for license fees is 850k per note 5(a). What’s interesting is the substantial increase in development revenue, there clearly doing at lot of work with customers.

product revenue has increased but maybe not as much as I’d hoped.

Still no “royalty revenue” being disclosed but shouldn’t be far off.

 

[Aretemis]

Anyone else having problems seeing the updated stock results on westpac?

Anyone else having problems seeing the updated stock results on westpac?

Yeah mines down as well haven’t heard anything from them

 

[Deleted member 118]

Can someone explain to me why the stock price falls when an announcement is out ?

I’d put money on that you’ll probably find an increase in short activity today.

 

[Ilovepie]

I’d put money on that you’ll probably find an increase in short activity today.

So the shorts are selling out ?

 

[Reuben]

this video surely has an akida look , hopefully

 

[miaeffect]

Can someone explain to me why the stock price falls when an announcement is out ?

Ask Biden & Putin

 

[Deleted member 118]

So the shorts are selling out ?

Selling down if that’s the same as selling out?

 

[Ilovepie]

Ask Biden & Putin

Nobody picks up the phone

 

[Ilovepie]

Selling down if that’s the same as selling out?

Sorry for my c**** English

 

[Jefwilto]

I know its just another one of those Reports,predicting the expected future direction of Neuromorphic Chips,but it is pleasing to see Brainchip leading the field.
https://znewsafrica.com/business/13...gyrfalcon-intel-corporation-grai-matter-labs/

 

[Boab]

Yeah mines down as well haven’t heard anything from them

Probably best to look away today

 

[Shadow59]

Probably best to look away today

It's a little like that today
So I thought why waste the opportunity and bought some more while the price is so low relatively speaking
It may go down further, but for me this is a bargain price I didn't think I'd see again.

 

[Techinvestor17]

this video surely has an akida look , hopefully

This is good stuff. I’m pretty convinced but hesitant because they don’t refer to the AI as SNN.

 

[Boab]

this video surely has an akida look , hopefully

Very cool

 

[Dang Son]

Searching Reuters articles for reference to the BRN headlines post by HC this morning and I find no mention of the 2 news headlines in a new BRN thread titled Hot News.

I question why HC make a special effort to misrepresent FY losses and also to ridiculously point out that this fledgling company has not decided to pay a dividend to shareholder's.

I also question who is paying all of the down ramping stock bashers that have turned up recently to erode the equity of BRN shareholders by monotonous negative and misconstrued commentary from this band of non holders ?

IMO it has the stench of organized crime that should interest ASIC for forensic investigation .

Motive could be one of two or both but the organizers would be connected to large party's accumulating the stock at the lowest possible price and or have shorted at a higher price and seek to profit by closing the short at the lowest possible share price.

Which every the case , I think stock manipulation becomes a crime when it is proven to be organized, especially when Bot manipulation is so prevalent and traceable if investigated.

Does anyone with knowledge of trading rules have a view on this scenario and could Brainchip have a case against HC for promoting misinformation?

 

[SERA2g]

Thanks Kylie11,

Another coup for the 1000 eyes.
View attachment 1695

Now that's interesting. We have an agreement with Renesas US. So product and development services revenue could, in large part, be related to Renesas US as we are expecting Renesas to start commercializing under the Akida IP licence this year.

So taking a ballpark figure of $500 per hour (impeccably sourced from FF) the $1M equates to about 2000 hours, or 1 year of full time engineering support. That may be spread over 2 or more engineers/customers as it's unlikely that the support engineers would work for a whole year with a single customer.

I wonder if the $11,208 Oceania revenue is made up of t-shirt sales LOL (plus a few boards purchased by the 1000 eyes).

 

[Techinvestor17]

I wonder if the $11,208 Oceania revenue is made up of t-shirt sales LOL (plus a few boards purchased by the 1000 eyes).

Did anyone on here buy a test kit?

 

[BaconLover]

Searching Reuters articles for reference to the BRN headlines post by HC this morning and I find no mention of the 2 news headlines in a new BRN thread titled Hot News.

I question why HC make a special effort to misrepresent FY losses and also to ridiculously point out that this fledgling company has not decided to pay a dividend to shareholder's.

I also question who is paying all of the down ramping stock bashers that have turned up recently to erode the equity of BRN shareholders by monotonous negative and misconstrued commentary from this band of non holders ?

IMO it has the stench of organized crime that should interest ASIC for forensic investigation .

Motive could be one of two or both but the organizers would be connected to large party's accumulating the stock at the lowest possible price and or have shorted at a higher price and seek to profit by closing the short at the lowest possible share price.

Which every the case , I think stock manipulation becomes a crime when it is proven to be organized, especially when Bot manipulation is so prevalent and traceable if investigated.

Does anyone with knowledge of trading rules have a view on this scenario and could Brainchip have a case against HC for promoting misinformation?

I stopped going there for this reason.

If posters continue to go there, no point in complaining because ASIC won't do anything, and because there is traffic on that site, these articles will continue to be published.

What we see now is not stock manipulation, it is purely people selling out of fear due to the current tensed environment over different countries. Ofcourse this is my opinion only.

 

[GazDix]

I suggest any holders who hold BRN only to add on their watchlists a few other tech companies, mining, consumable companies, BNPL etc. companies just so you can see the overall market movements. Also check out the NASDAQ movement the day before.
This downturn has absolutely nothing to do with BRN's fundamentals and many other company's fundamentals. Days like these are good to ignore the price unless you intend to buy more.

The annual report is always a nice read to see how far we have come and to see the big picture again. So many achievements in 2021 and so much growth up to our commercialisation stage now. Plenty of cash on hand and cash available if we need more.

I am excited to think about what our EAPs are doing with the technology behind the scenes. Think that we are progressing as a company, but we are not a single entity. Other companies like Mercedes, NASA etc. are also progressing for their own use OUR technology as well. I like how we have many eyes as a shareholder base, but as a product development base we have very smart companies progressing our technology and company as well.

I think about the future opportunities on days like these. If I ever question a company on a down day, I probably shouldn't have invested in it in the first place.

 

[JDelekto]

Did anyone on here buy a test kit?

I did not purchase either the PC shuttle or the Pi kit (a bit out of my budget), but I did pre-order the PCIe card.