BRN Discussion Ongoing

[Esq.111]

Afternoon Chippers,

Good to receive the Annual Report early.

All looked good as I presumed, though more sales would have been nice, cannot complain about 1,215% increase in revenues.

Sure hope KMP , Key Management Personnel, are working working extraordinarily long hours and delivering.

Annual Report,
Page 24,
Options up for grabs for KMP.

Anyone would be forgiven thinking thay are not paid a fixed salary with benefits, to start with.


Another interesting point was on page 10.
Antonio J. Viana.
Also worked with Hughes Aircraft.
* bit like Skunk Works ???

On a lighter note , almost fell over when reading $2,486,927.00 US were spent on S&M.
Not that I would know, but that's a hell of allot of leather whips & handcuffs.

Regards,
Esq.

 

[Yak52]

If the US put 5000 boots on ground the markets would fall 29% Yak. Wouldn't mind avoiding that scenario.

This should resolve quick enough.

Exactly why would 5000 US troops on the ground as " UN Peacekeepers" cause a 29% fall in the markets.??

Do you REALLY think Putin will go head to head Military wise with USA? Who has the MOST Nukes? & most Modern Defence ?
Russia has the Hypersonics which may not even be in mass production yet, but even these are useless against just troops unless they can be equipped with Nuke warheads. Hypersonics are for large targets such as Ships, bases etc.

Look at Ukraine today. The PEOPLE of Ukraine have raised coin in 24hrs MORE THAN that supplied via Budgets for 2021.

Russians killing US Peacekeepers in Ukraine would cause that mighty country (USA) to arm up very quickly against the Russians.
No PUTIN does not want to deal with US Military .ever. Period. even with Hypersonics in his pocket.

Keep an EYE on CHINA now.

Westpac Trading is down totally today. WHY? Hacking/Cyber attack??? From China or Russia perhaps? Retaliation ?
Australia is helping Ukraine against Cyber attacks so...........

Yak52

ps. ASK any ex-European who was around those States which Russia (USSR) took over at the end of a Tank gun barrel! Would they want to repeat the same experiences again? lol.

 

[jla]

Westpac up and going now.

 

[Yak52]

Complete mob of grubs at Rask newsletter horrible little people please follow their newsletter then report it as spam to Google.

Rask is a Moderator on HC and in party with ***************** and HC.
Rask also has a ASIC lic which may well be where the Shorting is done.
Conspiracy to manipulate the Stock price is illegal ....Rask. hear.

 

[Yak52]

Westpac up and going now.

Ok thanks for that. Westpac said closed until 5pm so its good people can access their depleated accounts now! finally.

 

[Deleted member 118]

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?

The article along with the paid downrampers on HC belong in the

 

[Evermont]

Hi @Yak52 I have moved my response to the lounge. Cheers.

 

[davidfitz]

A lot of talk about the LDA agreement which is healthy and beneficial for all of us to truly understand what it is all about.

I wonder if the company would be prepared to do a Podcast with Ken to explain to shareholders what the benefits of such an agreement are to both the company and us shareholders.

Maybe some of the more influential posters could suggest it?

 

[Violin1]

Yes, I was the one confused and happy to apologise, seemed to be getting $'s and shares mixed up.. I also heard back from Ken, and as you rightly say FF...it was a great result, only one tranche left by 31 December 2023 of $15,000,000 AUD to finalize all current LDA Capital agreements.

I received emails from both Peter and Adam yesterday, and I can share this...the whole company is working to get our next license deal, with some working 14 plus hours a day !!, working on future AI that will be needed 2, 5 and 10 years from now
while also developing applications for AKD1000.

That's what I call a visionary, extremely dedicated to making our company as successful as is humanly possible.

"I believe this is going to be a great year"

Please don't ever underestimate all our brilliant staff around the globe, we and they are ALL pulling in the same direction, the share price will eventually take care of it's self !

It's still highly disruptive technology, WE are the ones riding the first and biggest "Big Wednesday" wave, and it's a monster, only the fearless will succeed, only the ones with true visionary qualities, who know that they have the backing of all the Australian shareholders to cheer them on....the mission has been set, the path is crystal clear and believe me when I say, we are right on course to succeed.

Love Brainchip and all that sail her ! Regards Tech x

Many thanks for posting Tech - and how wonderful that it won't be moderated on some made-up basis just to stop us reading it. @zeeb0t - legend for starting this show.

 

[Bobbygant]

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.

Farken Putin killed what I thought would be a green day for us!!!!

 

[Boab]

Farken Putin killed what I thought would be a green day for us!!!!

I reckon I pressed the buy button at the exact same time Putin made the call to officially invade. $1.225

 

[BaconLover]

I reckon I pressed the buy button at the exact same time Putin made the call to officially invade. $1.225

None of that matters if there is a WW3.
A friend mentioned this to me just then, ''we are sitting here worried about money while they worry for their lives''.
My thoughts are with those innocent families in Ukraine who are suffering at no fault of their own.

 

[sleepymonk]

I reckon I pressed the buy button at the exact same time Putin made the call to officially invade. $1.225

U sure you pressed the buy button not the Launch button

 

[davidfitz]

Time for a break from the market until things settle. Not much that anyone can really do at the moment.

Looking forward to the bounce once the stupidity ends.

 

[Techinvestor17]

this video surely has an akida look , hopefully

Have dug deeper into this.

Reading the white paper, it would appear to me that we most diffidently have some involvement in this, comments made in the white paper that make me more convinced are
- on device learning without a software update
- does not need internet connection

Currently there is only one market ready solution we know that does this. These things appear to be completely sold out (no in stock on any distributor websites) and I've emailed the company to ask if there's any part of the AI that's licensed so will let you know what the response is.

 

[davidfitz]

One more thing......

Precariously close to not making the ASX 200 but too hard to tell as there is still a few more days to go.

 

[Bobbygant]

Have dug deeper into this.

Reading the white paper, it would appear to me that we most diffidently have some involvement in this, comments made in the white paper that make me more convinced are
- on device learning without a software update
- does not need internet connection

Currently there is only one market ready solution we know that does this. These things appear to be completely sold out (no in stock on any distributor websites) and I've emailed the company to ask if there's any part of the AI that's licensed so will let you know what the response is.

Looks like it was launched in November last year and we only just noticed it?

 

[Techinvestor17]

One more thing......

Precariously close to not making the ASX 200 but too hard to tell as there is still a few more days to go.

View attachment 1726

Not sure where your getting this from but had a look at this too and the market cap isn't simply shares on issue * price, but per Wikipedia (lol) its based on the "float-adjusted market cap" which is essentially the conventional market cap adjusted for large holdings seen as strategical. PVM would be included I would suspect.

Rebalance date is also the third Friday of March, June, September & December taking effect the following Monday.

 

[davidfitz]

Not sure where your getting this from but had a look at this too and the market cap isn't simply shares on issue * price, but per Wikipedia (lol) its based on the "float-adjusted market cap" which is essentially the conventional market cap adjusted for large holdings seen as strategical. PVM would be included I would suspect.

Ok, good to know.

My bad as I was just relying on the ranking which I found on this site.

https://www.marketindex.com.au/asx300

 

[Foxdog]

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.

Keep some of your powder dry Shadow. Markets will react poorly to current Geo-political events (although I think we can safely call it a war now). Further drops in share price have nothing to do with the company so this could present some excellent entry or top up opportunities. All in my humble opinion of course.

Thoughts go out for those in Ukraine - history repeats....... unbelievable.