BRN Discussion Ongoing

S

Straw

Guest
Respectfully FF I am not claiming that the sales staff are not doing their jobs. However, I'm not ruling it out either. In the absence of revenue producing engagements with customers and the associated ASX announcements, which would required, I think both scenarios are still possible. Regardless of how unpalatable my previous post may seem it's merely looking at both sides of the coin. You have said yourself that the tipping point is when revenue outpaces operating expenses. I think we all expected this to occur Y/E 2022 regardless of said economic headwinds. Hopefully this expectation is realised in the next 4C and we can say the sales team are doing their jobs. Until then the coin will continue to have two sides.
I didn't expect anything regardless of economic headwinds, don't speak for me in the future - ever.

I am also not going to base my investment decisions on the next 4C. If you want to, go right ahead. It seems to be your thing.

I have a 7 year knowledge base to draw on regarding the company on which to base my decisions. I understand who they are and what they are trying to do (doing and have done).... as, it seems, do the multitude of companies that have put their name against Brainchip's. Somehow that list seems to be growing..... gosh the sales people must be sitting around eating cheesecake. Well sarcasm aside they might well be (and burgers) sitting around discussing with OEMs and ubiquitous chip companies such as ARM and Intel (amongst others) how Akida IP can be further utilised by the massive list of clientele they have at their disposal. If you read all the very generously provided facts on these threads and it doesn't suit your investment style or horizon then so be it. Make your own fearful decisions - but don't impose it on anyone else.

Oh and maybe go back to the slimy, crap peddling, manipulative fear mongering place most long term posters left. Again it appears to be your thing.

We will defend our place to exist in a positive environment.
 
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equanimous

Norse clairvoyant shapeshifter goddess
I'm sorry. I thought I addressed the sales force issue which was the basis of my initial post and your response. I note your examples but for me I'd like to see actual results in the form of revenue. If your intention on this forum is to live in a self affirming echo chamber then there is no need to leave. I will continue to visit as a silent observer as many here value your input, don't leave on my account.

  • F
    Foxdog replied to the thread BRN Discussion Ongoing.
    You're not alone here mate - we need to see contracts and revenue. No money, no company...simple. Revenue needs to cover expenses...
    Today at 4:40 PM
  • F
    Foxdog replied to the thread BRN Discussion Ongoing.
    Just so long as the hiring of sales staff isn't a 'Hail Mary' from the company because the current staff have failed to get results.
    Today at 4:36 PM
  • F
    Foxdog replied to the thread BRN Discussion Ongoing.
    I don't want to be waiting for years here. We need to see contracts signed and actual revenue - soon. At least enough to pay company...
    Today at 3:42 PM
  • F
    Foxdog replied to the thread BRN Discussion Ongoing.
    Taping is correct, tapping is not 🤔😎
    Today at 2:22 PM
  • F
    Foxdog replied to the thread BRN Discussion Ongoing.
    It'll be shrouded in NDA's and we'll never know 😳😂
    Today at 12:00 PM
 
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Sproggo

Member
FFS, I just had to go and have an angry shave and cut myself to bits. Hope to see you back FF once your blood stops boiling 👍
 
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Xray1

Regular
I wonder if Sean will ask anything about this in the Podcast?


OCTOBER 04, 2022
Accenture Collaborates with Mars to Develop “Factory of the Future” Using AI, Cloud, Edge and Digital Twins

NEW YORK; Oct. 4, 2022 – Accenture (NYSE: ACN) is working with Mars, the global leader in confectionary, food, and pet care products and services, to transform and modernize its global manufacturing operations with artificial intelligence (AI), cloud, edge technology and digital twins.

Accenture and Mars have been trialing digital twins for Mars’ manufacturing operations since late 2020. Digital twins are virtual representations of machines, products, or processes. Fed with real-time data, they can predict and optimize production processes and equipment performance, from reliability to quality to energy efficiency. Applied to its manufacturing plants, digital twins will enable Mars to simulate and validate the results of product and factory adjustments before allocating time and resources in the physical space.

Mars.jpg


The companies tested a digital twin to reduce instances of over-filling packages, a common problem in the food industry. The digital twin gave Mars a bird’s-eye view of the production lines at one of its factories in Illinois. The twin fed sensor data from manufacturing machinery into a predictive analytics model, which allowed factory line operators to monitor events in real-time and adjust the filling process. After the successful test, Accenture and Mars introduced the solution across the U.S. and developed similar solutions for its pet care business in Europe and China.

Under the new agreement, Accenture and Mars will work together to apply digital twin technology and models to the company’s manufacturing facilities globally. This will give Mars factory line operators real-time insights into current and predictive performance. Mars plans to apply them to dozens of use cases over the next three years.

Over the next two years, Accenture and Mars will create a new cloud platform for manufacturing applications, data and artificial intelligence (AI) to lay the foundation for its vision of the “Factory of the Future.” The new platform will provide next-generation robotics, AI and automation capabilities at the edge to make Mars manufacturing operations significantly more efficient and address essential sustainability goals such as water stewardship and reducing waste and total greenhouse gas emissions.

William Beery, vice president, and global CIO at Mars Wrigley said, “Our collaboration with Accenture, combined with our partnership with Microsoft, enables us to scale digital twin technology to reach this goal, delivering not just significant cost savings and sustainability, but preparing our manufacturing operations for the future of work.”

Larry Thomas, a senior managing director at Accenture and client account lead for Mars adds, “Our work with Mars is about using the power of data, cloud and edge computing to modernize factories, boost business agility in response to change, and put power in the hands of Mars Associates so they can make informed decisions faster.”

Accenture brings cloud, engineering, manufacturing, and supply chain capabilities to the project. It also works closely with Microsoft to leverage the Azure platform and Accenture’s proprietary edge accelerators. Earlier this year, Accenture was named Microsoft’s 2022 Manufacturing & Supply Chain Partner of the Year.

Thiago Veiga, senior director of Digital Supply, R&D & Procurement at Mars Inc., said, “We at Mars are constantly looking for innovative and sustainable ways to create value in our end-to-end supply chain, and digital manufacturing is a key priority.”

Simon Osborne, a managing director at Accenture leading its digital twin work with Mars, said, “The problems we’re solving aren’t new; what’s new is how we use advanced technologies to get real-time data into operators’ hands and apply AI to help them make decisions before problems occur. While many companies are beginning to experiment with digital twins, what sets this project apart is the speed and scaling of the technology across Mars’ operations globally.”

About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services and Accenture Song — all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 721,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at www.accenture.com.

About Mars, Incorporated
For more than a century, Mars, Incorporated has been driven by the belief that the world we want tomorrow starts with how we do business today. This common purpose unites our 140,000+ Associates. It is at the center of who we are as a global, family-owned business, and it fuels how we are transforming, innovating, and evolving to make a positive impact on the world. 

Every year, our diverse and expanding portfolio of quality confectionery, food, and pet care products and services delight millions of people and supports millions of pets. With almost $45 billion in annual sales, we produce some of the world’s best-loved brands including Ben’s Original™, CESAR®, Cocoavia®, DOVE®, EXTRA®, KIND®, M&M’s®, SNICKERS®, PEDIGREE®, ROYAL CANIN®, and WHISKAS®. We are creating a better world for pets through nutrition, breakthrough programs in diagnostics, wearable health monitoring, DNA testing, pet welfare and comprehensive veterinary care with AniCura, BANFIELD™, BLUEPEARL™, Linnaeus and VCA™.  

We know we can only be truly successful if our partners and the communities in which we operate prosper. The Mars Five Principles – Quality, Responsibility, Mutuality, Efficiency and Freedom – inspire our Associates to act every day to help create a better world tomorrow in which the planet, its people and pets can thrive.  

For more information about Mars, please visit www.mars.com. Join us on Facebook, Twitter, Instagram, LinkedIn and YouTube.

SPOILER ALERT : IMO, This might just be covering all the relevant information in tomorrow's podcast.
 
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Dhm

Regular
Thanks for your response which ignores completely the two points I raised.

What I have decided is that the way in which you and others have turned this general discussion thread into a place of unfounded and non factual negative commentary and empty rhetoric creates an environment which no longer favours serious research and analysis.

Everyone is entitled to have an opinion indeed like backsides everyone has opinions.

My investment style is not based upon opinions but facts. Factual research no longer dominates the discussion and therefore it no longer has any value as far as I am concerned.

The facts that have been disclosed this week I would have found in one tenth of the time I have spent addressing the sort of rubbish you and others have heaped on here. It was a fruitless and useless task.

This place no longer serves the intended purpose so I bid you and others farewell.

Enjoy the new home you have made for yourselves I am sure many from HC will love to call in a join you as you descend into abject righteous self pity stamping your little feet demanding things happen to your timetable and ignoring the facts.

Regards
FF

AKIDA BALLISTA
FF I love and respect your highly intelligent and measured contributions and I will be somewhat shattered if you let a small group of naysayers disillusion you. This forum is hollow without you and others who use logic and deduction to give the rest of us the mental and spiritual uplift. Please reconsider especially in this somewhat disillusionary period in our company's evolution.
 
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Wow

What a difference a few days make

The highs

The lows

And everything in between
Let’s just hope that things happen in a more positive way
Good luck to everyone
 
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I think people need to stand back and look at where we are at, what we're doing, what the Company is trying to accomplish and totally disregard the share price.

I have a reasonable chunk of shares, but I feel extremely underweight.

I see the current share price as an opportunity and I'm working towards increasing my share holding substantially.

If you're grumbling, obviously you must feel you have enough, have no intention to buy more, or feel you have enough capital at "risk".

I have complete faith in the BrainChip team delivering to all shareholders in the future.

The more of a "share" in the Company you have, the more you and your Family (whatever that is to you) will have in the future.

The "price" you pay for that "share" is immaterial at this stage.

LOOK AT THE BIG PICTURE.

Obviously not financial advice and just my views.

There is no Life without Risk.
Brilliantly said DB and my thoughts exactly. “Look at the big picture” this is the key.
 
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jtardif999

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HopalongPetrovski

I'm Spartacus!
Really very sorry and sad to lose Fact Finder from our midst again.
It is of course his choice and to be respected but we are much diminished by his loss here.
I hope that at some point he will decide to return and knows that in the meantime he will be greatly and genuinely missed.
His wit, grace, style and elephantine memory along with his ability to distil information into digestible knowledge is unsurpassed on these threads.
With Thanks for all you have shared with this group.
A trove of insight, experience and wisdom that is truely inestimable.

AKIDA BALLISTA.
 
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Frodolfo

Member
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Xhosa12345

Regular
To the earlier comments remember the 4c is only cashflow, the annual report shows accruals (income/ debtors /income in advance)
Cant wait til they both come out
Last year the 4c and a top 20 came out jan 27th
Annual report was feb 23
So id be looking toward those dates

Glad we have pulled the trigger on the lda capital funds

Hiring more sales ppl , think logically, they wouldnt be doing that if they werent needed. If current sales not performing they would replace them and just replace the wages, they wouldnt be needed much more funding, so for me they are increasing sales team headcount.
Hopefully it means current sales teams all are at capacity and potentially now in now more an account management role, but just speculating on that bit. Either ways, its good news.

FF if u need a break again, take it buddy.
Mental headspace is super important as we know.

Have a great evening all, from sunny perth and besh wishes to anyone struggling with the floods up north.
 
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VictorG

Member
Really very sorry and sad to lose Fact Finder from our midst again.
It is of course his choice and to be respected but we are much diminished by his loss here.
I hope that at some point he will decide to return and knows that in the meantime he will be greatly and genuinely missed.
His wit, grace, style and elephantine memory along with his ability to distil information into digestible knowledge is unsurpassed on these threads.
With Thanks for all you have shared with this group.
A trove of insight, experience and wisdom that is truely inestimable.

AKIDA BALLISTA.
AKIDA BALLISTA
 
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Thanks for your response which ignores completely the two points I raised.

What I have decided is that the way in which you and others have turned this general discussion thread into a place of unfounded and non factual negative commentary and empty rhetoric creates an environment which no longer favours serious research and analysis.

Everyone is entitled to have an opinion indeed like backsides everyone has opinions.

My investment style is not based upon opinions but facts. Factual research no longer dominates the discussion and therefore it no longer has any value as far as I am concerned.

The facts that have been disclosed this week I would have found in one tenth of the time I have spent addressing the sort of rubbish you and others have heaped on here. It was a fruitless and useless task.

This place no longer serves the intended purpose so I bid you and others farewell.

Enjoy the new home you have made for yourselves I am sure many from HC will love to call in a join you as you descend into abject righteous self pity stamping your little feet demanding things happen to your timetable and ignoring the facts.

Regards
FF

AKIDA BALLISTA

Hi FF,

First, thanks for your fact finding and needlelike focus on understanding the technology and documenting the progress of BRN. It has been a great help to those of us less technology aware and a wonderful resource for our own research, confidence and understanding.


Second, please ignore the wannabe CEO’s of BRN who offer nothing but self interest in their commentary. Pitiful advice to sign contracts, generate income mean nothing, if there is no strategy in place to achieve commercialisation. The current Board and Management have implemented many concrete steps towards the promised revenue. As a former CEO I applaud their strategic directions and implementation.

Third, apart from Shareholders (such as FF) who contributed money and capital to a BRN share raising, the remaining shareholders have simply purchased a certificate of shareholding from another shareholder.. If they have lost money on their share purchase, they have only themselves to blame for the decision to purchase at the time they did. The company does not owe it to them to generate a profit on their share purchase in the short term, only to grow the company over time

Fourth, as a long term shareholder I have been able to tick off significant milestones achieved over the years towards revenue generation. The technology works, strategic partnerships are in place, partent protection, use case markets identified and tapped, great Board and Management etc etc. A grateful thanks to all the 1000 eyes for giving us a “heads up” on these achievements


Finally FF, can I ask you to resume posting your factual insights and just ignore those who only offer opinions.


PS don’t stop posting your gems of wisdom about your time in the police force, courtroom and conversations with Blind Freddy etc etc.
 
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White Horse

Regular
I also thought this tweet looked promising when I first saw it, but in the referenced article they state that transformers are superior to LSTM. And they go on to give an example of visual processing where the parallel processing of distant pixels, gives transformers another advantage.

I did not see that article as supporting BrainChip’s LSTM aspirations.

From the referenced article:
”Unlike RNNs and LSTMs that must read a string of text sequentially, transformers are significantly more parallelizable and can read in a complete sequence of words at once, allowing them to better learn contextual relationships between words in a text string.”

and

View attachment 26753
I have a serious problem with this article. Simple math should be easy for these people.
On any day of the week, there are only eight pixels surrounding a center one.
Don't have much faith in this mob.
 
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Tothemoon24

Top 20
The old shit sandwich!

I get that people’s expectations can vary in many ways & that’s totally understandable.

In my opinion;

Stating the obvious . No body on here enjoys the share price reclining full stop .
No one on here can do a thing about it !

Going on about it isn’t helpful to anyone including the poster . Don’t poke the bear if someone’s having a moments of frustration.

I consider myself a rookie at this game & was fortunate to come across Brainchip on H/C 3 years ago .
It’s thanks to a good dozen posters that shared their , research , knowledge, & expertise that i decided to have a throw at the stumps my first venture into the share market. 2k x $0.05

From there theses same people continued to give up their time to educate & I continued to buy .

That’s the beauty of a forum .

Now we have this incredible platform that I’m so bloody thankful for because it’s given me a wealth of confidence.



Imo this is the golden goose .

IMO Share price aside & I know that maybe hard to do for some , this company has had an incredible 12 months .


Kind regards
Dr Phil 🤠
 
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hamilton66

Regular
Thanks for your response which ignores completely the two points I raised.

What I have decided is that the way in which you and others have turned this general discussion thread into a place of unfounded and non factual negative commentary and empty rhetoric creates an environment which no longer favours serious research and analysis.

Everyone is entitled to have an opinion indeed like backsides everyone has opinions.

My investment style is not based upon opinions but facts. Factual research no longer dominates the discussion and therefore it no longer has any value as far as I am concerned.

The facts that have been disclosed this week I would have found in one tenth of the time I have spent addressing the sort of rubbish you and others have heaped on here. It was a fruitless and useless task.

This place no longer serves the intended purpose so I bid you and others farewell.

Enjoy the new home you have made for yourselves I am sure many from HC will love to call in a join you as you descend into abject righteous self pity stamping your little feet demanding things happen to your timetable and ignoring the facts.

Regards
FF

AKIDA BALLISTA
F/F, I'm not going to pat u on the head. If u choose to leave this forum, that's ur choice. I would however like to voice a few points. Ur research and enthusiasm is unparalleld, and widely appreciated/respected. U'll be sorely missed. What I will add is that in times like these, when the s/p get's smashed, there's no positive news via an ASX ann by the co for mths on end, and there's the fact that there's a 4c coming soon that potentially is going to show no income, people get nervous, and many start to doubt their investment decisions. Ur a smart man. What I'd like to say to u is - take a deep breath! Against ur recommendations, many have probably put way too much into the BRN pot, in the hope that it will deliver life changing results. I personally believe that's strongly on the cards, but there are no guarantees, and tho heavily invested , it wont break me if BRN don't live up to the potential behemoth that I think they will be. Be kind to yourself, but also be kind to others. I would suggest that people aren't intentially potting u. They're just bloody nervous! I personally hope u keep contributing. If u choose not to, then I thank u emphatically for the wisdom u have departed, and wish u the best.
GLTA
 
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Sam

Nothing changes if nothing changes
Here is just a reminder of what brainchip has achieved over the past few years.
Please read as I’m sure it will put a smile on your face.
Peace ✌️
 
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Teach22

Regular
I think he meant 16/8/20 rather than 21. I don’t think we had draw downs 6 months apart?
Nah mate, I meant 16/8/21.
What happened after that one was the more relevant imo.

The SP was already up and away before the capital call in January last year imo.
 
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Terroni2105

Founding Member
Thanks for your response which ignores completely the two points I raised.

What I have decided is that the way in which you and others have turned this general discussion thread into a place of unfounded and non factual negative commentary and empty rhetoric creates an environment which no longer favours serious research and analysis.

Everyone is entitled to have an opinion indeed like backsides everyone has opinions.

My investment style is not based upon opinions but facts. Factual research no longer dominates the discussion and therefore it no longer has any value as far as I am concerned.

The facts that have been disclosed this week I would have found in one tenth of the time I have spent addressing the sort of rubbish you and others have heaped on here. It was a fruitless and useless task.

This place no longer serves the intended purpose so I bid you and others farewell.

Enjoy the new home you have made for yourselves I am sure many from HC will love to call in a join you as you descend into abject righteous self pity stamping your little feet demanding things happen to your timetable and ignoring the facts.

Regards
FF

AKIDA BALLISTA
I hope you mean you are bidding those farewell by putting them on ignore and not leaving the rest of us by actually leaving TSE 🥰
 
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Let's recap a bit....

Revenues from January 2022 to End of June 2022 was $4,831,081 and the Receipts from Customers for the same period was $1,435,000

This leaves a balance of $3,396,000 revenue.

The September 4C was $118,000 receipts from customers.

This means that there is still 3.278M revenue to be paid by customers.

So it has to show up sometime soon in a 4C.

**Revenues are earned when goods are sold or services are provided; at this point, an invoice is issued to the customer for payment, after which the seller receives payment from the customer (the “receipt”). Thus, an additional difference is really just a matter of timing, where the revenue is recorded first, and the receipt is recorded later, when the customer pays.**
PS. I am not an accountant.
 
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