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.
Please leave me out of your naive calculation. I have a clue about the product development process. I've never been able to comprehend this impatience here, and I've ranted about it many times. I see I deleted my last outburst of anger with my explanations after the last figures. Probably out of shame since that's not my style. Still, I should have let it stand. Do you actually think when you post something like that?I think we all expected this to occur Y/E 2022
If anyone here thinks and reflects before posting it is Fact Finder.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.
Again, you didn't think before you typed.If your intention on this forum is to live in a self affirming echo chamber
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 don’t understand the level of some people’s emotions and how when the share price is where it is, some lose sight of the fundamentals.
The company’s fundamentals have never ever been stronger than they are now.
Yes we have had “headwinds” and macroeconomic challenges, inflation, it’s all been negative.
But at a time when companies are laying off 1000’s in the tech industry, Brainchip is trying to aggressively hire all over the world, & look at the quality of people they’ve hired…absolute world class standards, these people such as Nandan and Duy-loan and Chris Stevens have come from very successful companies, mind you Nandan came from a trillion dollar company and was in charge of the successful adoption of Hey Alexa. Do you really think these high caliber recruits are joining a sinking ship? They’ve had a look under the hood and are amazed, look at what they’ve all said when they’ve joined us. Go and have a look at Sean’s LinkedIn and what he’s said about Brainchip, I mean this guy is a Silicon Valley board member??? That’s some big claims to make if it wasn’t going to come true.
Off the top of my head, in the last 12 or so months we’ve had Mercedes, ISL, VVDN, ARM, SiFive, Intel, 3 universities join us, Prophesee, Socionext Renasas VVDN Nviso displaying akida in real world applications for the first time, we’ve got Renasas taping out as we speak “mass volume” and all the other achievements that’s happened despite all that’s happened and happening in the world and some are losing their cool right at the last hurdle????
I just know that if the share price was let’s say $2, would those who are becoming impatient still be saying the same things? I bet absolutely not, but see, what’s wrong with that is, NOTHING has fundamentally changed, it’s STRONGER THAN ITS EVER BEEN.
The share price will catch up to where we all know it should be, but even the most successful companies in the world are facing struggles, so why would Brainchip be immune to it all? I just don’t get it.
Yes people are allowed to vent frustration, vent their opinions no matter how negative or positive it is, but god damn don’t forget the actual facts of what’s in front of us.
The tipping point is Renasas taping out mass volume this year, god damn if you all say you know Brainchip will be successful then buy more shares?!?! Or sell and move on honestly.
Stop making up your own timelines to suit your narrative only to be let down. Focus your energy on the facts.
Renesas will finish taping out sometime end of 2023, so I’m personally winding back my expectations of anything before then, so I’m not disappointed, will we get more licensing deals before? Well who knows, time will tell.
Great points! I'm also glad that BRN are now taping out their own version of an Akida+ chip, which should be independent of Renesas, and look forward to an announcement detailing the other companies involved. (SocioNext? Megachips?). Since Renesas is also a competitor to BRN I'd never like to see us dependent on them.Great post @chapman89
A slight correction: Renesas has already started taping out their product containing Akida.
Renesas is taping out a chip using the spiking neural network (SNN) technology developed by Brainchip.
Learn more about the collaboration between BrainChip and Renesas as they tap out a chip using the Spiking Neural Network (SNN) technology.brainchip.com
eeNews Europe — Renesas is taping out a chip using the spiking neural network (SNN) technology developed by Brainchip.
Dec 2, 2022 – Nick Flaherty
This is part of a move to boost the leading edge performance of its chips for the Internet of Things, Sailesh Chittipeddi became Executive Vice President and General Manager of IoT and Infrastructure Business Unit at Renesas Electronics and the former CEO of IDT tells eeNews Europe.
This strategy has seen the company develop the first silicon for ARM’s M85 and RISC-V cores, along with new capacity and foundry deals.
“We are very happy to be at the leading edge and now we have made a rapid transition to address our ARM shortfall but we realise the challenges in the marketplace and introduced the RISC-V products to make sure we don’t fall behind in the new architectures,” he said.
“Our next move is to more advanced technology nodes to push the microcontrollers into the gigahertz regime and that’s where the is overlap with microprocessors. The way I look at it is all about the system performance.”
“Now you have accelerators for driving AI with neural processing units rather than a dual core CPU. We are working with a third party taping out a device in December on 22nm CMOS,” said Chittipeddi.
Brainchip and Renesas signed a deal in December 2020 to implement the spiking neural network technology. Tools are vital for this new area. “The partner gives us the training tools that are needed,” he said.
I recall it was going to be available for mass production by the end of this financial year. So a top 5 micro-controller company in the world will be selling a product with Akida inside within the next 6 months. They sell millions and millions of them. I’ll dig about and edit this post if I can find time to look up corroborative evidence.
I‘m not sure why there is this constant need for continuous positive reinforcement by some. Read the information which has been spoon-fed over the last few years. Make an assessment of it’s accuracy and value. Why on earth would all the recent partners previously listed become partners if they didn’t intend to use Akida in their products? If you are satisfied with your knowledge learned then continue to buy more or hold. But please stop the negativity every 5 minutes. At times it’s like listening to drunks argue or children!
I am heavily invested in Brainchip and at the first sign of factual evidence the company is not travelling well I will sell. My opinion is that Brainchip is going extremely well so I will continue to hold. Global conditions are way more concerning than the company’s trajectory. I’d buy more but I’m currently cashed out!
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Why do people get upset if someone posts something negative?Reading this forum is like WTF?
Simple people really. We're all different in personality, intellect, how we invest/trade/post on a forum. Some care about the daily SP, some don't give a shit (me) and some only give a shit on the red days. BRN has a large MC. very little revenue and until it does we are going to get all walks of life here. But we're not in high school and it's not a competition to see who can be the best detective. I read the forum and TBH unless there are a decent amount of likes, (unless it's the last page) then I skip. As soon as its about the SP or a person posting I skip it. Doesn't interest me in the slightest. When there's information about dot joining it's good fun. When it's about shorters or nervous holders that can't wait much longer, it's boring TBH. Why do people get upset if someone posts something negative? Seems like an insecurity problem. Worried someone here can say something and effect the SP? I once got a return message from Hcrapper from a Mod. Said you'd be surprised how many times the long term downie on a stock turns out to be right? It's good to have other views. If you don't agree, you don't need to post. I don't agree with a lot of stuff but I'm either wrong or right (unless we are talking about my wife, then I'm always wrong)...
If you don't like a post you have 2 choices, face palm, shake your head and move on, or start a dialogue with that person. Remember you'll be arguing with someone that thinks they are right like you do.
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Excellent @Iseki!Why do people get upset if someone posts something negative?
Because it steals the oxygen from the room.
It takes time, and effort to research what the company might be doing, and at the early stages of a company this is very exciting.
Negative posts that are also lazy and don't offer a balanced view, kill it for everyone.
Our partner, Edge Impulse, think it's compulsory listeningOn a positive not aside I believe the podcast is out in 2 hours 3 PM PST January 11th.