BRN Discussion Ongoing

[Beebo]

View attachment 28860

I find it odd AI Labs has such a little footprint on the web. No real face to its team or clients or real implementations. Weird!

I found a trail that leads to T-Sab.com, out of Saudi Arabia (possible local system integrator?)

 

[skutza]

Imagine having Sean Hehir, Chris Stephens, Rob Telson, Antonio Viana, Nanden, Duy-loan, Todd Vierra, PVDM and Anil all former Global VP’s of ARM Amazon and Syntiant and managed multi billion dollar contracts and having people on a stock forum with no idea of the industry or how sales works questioning there jobs and how they’re doing it LOL

This sums it up in my head as well and why I am just skimming these days. I believe there are many here that don't run businesses or have never had to write contracts with lawyers. Just my business lease negotiations (as they are quite tricky with a new company created) started in January 2022. Could they have been finalised a lot faster? Sure if I was in a rush and needing to ring and push the lawyers daily. I know its close and I know it's going to happen. They know it has to happen by August 2023 and are on it. But in the world that Brainchip are in and talking big business and Millions of dollars, and lets not forget we are changing a direction of how someone does something already, wow, I am not in the least surprised it's taking a long time.

Also I would like to know (but never will likely) how they are working these things. As partners with some is that another way of selling AKIDA? Negotiating a higher royalty for not demanding the buy a licence? Will be interesting to see where the next 4c comes. We don't work at BRN and are not privy to the negotiation and inner workings. This is why we can just see who they employ at the top end and expect they are doing the job needed.

 

[suss]

..... and just like that, institutions and funds have bought up even more shares. I wonder why.....?

View attachment 28843

Because it's in the ASX200?

 

[MDhere]

Yeah but I can't talk to my wife about it haha. She couldn't care less about Brainchip. Just shooting the breeze with other shareholders.

she will care when you buy yourself a new eqxx Merc

 

[Foxdog]

This sums it up in my head as well and why I am just skimming these days. I believe there are many here that don't run businesses or have never had to write contracts with lawyers. Just my business lease negotiations (as they are quite tricky with a new company created) started in January 2022. Could they have been finalised a lot faster? Sure if I was in a rush and needing to ring and push the lawyers daily. I know its close and I know it's going to happen. They know it has to happen by August 2023 and are on it. But in the world that Brainchip are in and talking big business and Millions of dollars, and lets not forget we are changing a direction of how someone does something already, wow, I am not in the least surprised it's taking a long time.

Also I would like to know (but never will likely) how they are working these things. As partners with some is that another way of selling AKIDA? Negotiating a higher royalty for not demanding the buy a licence? Will be interesting to see where the next 4c comes. We don't work at BRN and are not privy to the negotiation and inner workings. This is why we can just see who they employ at the top end and expect they are doing the job needed.

Yep time to market can be huge. Merc's planned release of full electric sedan is mid 2025 I think - this might be the first full production car with AKIDA inside (a few chips for Hey Mercedes or up to 70 for all systems). That's a 4 to 5 year process from inception to delivery. Depending on the deal BRN has with Merc we might not see revenue until cars are actually sold - 3rd quarter 2025? So over 2 years from now just for the Merc deal. Others might be faster but some will no doubt be slower.
So this is not a fast process unless someone can just fit an AKIDA chip into their existing product to make it better.
It's about 12 weeks to the AGM and hopefully Sean will be there in person with a fully assembled management team. Attendance will give shareholders the best opportunity to ask questions and hopefully get a better understanding of the commercialization process and progress. It's not too long to wait.
As for Sean's tenure, I think around the 5 year mark (2027ish) would be an appropriate time to judge his overall performance. Hopefully he is still with the company at that point as that would suggest that there is no better place for him to be.
My thoughts only if course but I think this is a realistic timeline.

 

[goodvibes]

Can someone take a look on it….Audioscenic…Virtual headphones using head tracking…

Audoscenic delivers immersive 3D audio through cutting-edge technology & innovation. They have adapted audio to people to create the perfect listening experience. Our proprietary loudspeaker array technology, head-tracking, and AI capabilities create a personalized, user-adaptive, and best-in-class immersive sound.

THD 80 AUDIOSCENIC Virtual Headphones Using Headtracking and Advanced DSP | Dave Lindberg

the THD Podcast 80, Dr. Marcos Felipe Simón Gálvez, CTO and Co-Founder of Audioscenic Limited joins the podcast to explain their groundbreaking technology. Audoscenic delivers immersive 3D audio through cutting-edge technology & innovation. They have adapted audio to people to create the perfect...

www.linkedin.com

 

[alwaysgreen]

she will care when you buy yourself a new eqxx Merc

Here's hoping!

This sums it up in my head as well and why I am just skimming these days. I believe there are many here that don't run businesses or have never had to write contracts with lawyers. Just my business lease negotiations (as they are quite tricky with a new company created) started in January 2022. Could they have been finalised a lot faster? Sure if I was in a rush and needing to ring and push the lawyers daily. I know its close and I know it's going to happen. They know it has to happen by August 2023 and are on it. But in the world that Brainchip are in and talking big business and Millions of dollars, and lets not forget we are changing a direction of how someone does something already, wow, I am not in the least surprised it's taking a long time.

Also I would like to know (but never will likely) how they are working these things. As partners with some is that another way of selling AKIDA? Negotiating a higher royalty for not demanding the buy a licence? Will be interesting to see where the next 4c comes. We don't work at BRN and are not privy to the negotiation and inner workings. This is why we can just see who they employ at the top end and expect they are doing the job needed.

I understand things take time. I have run businesses for 20 years and lawyers are always the biggest roadblock. I have encountered a number of them and I usually encounter the most anal ones on the smallest deals!

I don't think it is unreasonable for shareholders to raise the fact that, as Sean has stated in both previous 4C's, converting paid licenses is his goal and we have not signed any since Megachips in November 2021. Like others have said though, no point complaining. If you are not happy with progress, sell and move on. I have a timeline and if I don't see another license or two by mid year, I am selling. Everyone is on a different timeline and has different levels of anxiety and investment and it is a free world. People's concerns/opinions etc should be respected.

 

[MDhere]

Thanks SG. I'm just worried about June 30. I'm running out of time. I'm running out of patience with all this eco-system fluff. For all the pain that the SP drop has caused , I'd just love to see us sign a material deal with some small company that was prepared to take chance on us. I want Tony Dawe to know this.

Thanks again.

lol sorry i had to bite there. You're running out of time???? From where i see it one cannot run out of time as time continues. Unless you are like one of those Logans run people? Brainchip is not a fly by night company. Sorry had to laugh at your Logans run attitude.

 

[wilzy123]

Thanks SG. I'm just worried about June 30. I'm running out of time. I'm running out of patience with all this eco-system fluff. For all the pain that the SP drop has caused , I'd just love to see us sign a material deal with some small company that was prepared to take chance on us. I want Tony Dawe to know this.

Thanks again.

 

[buena suerte :-)]

Wise words Sensei Petrovski

Patience is a skill learned over time one choosing to emphasize thinking over feeling

“To lose patience is to lose the battle.” Mahatma Gandhi​

 

[ndefries]

Yep time to market can be huge. Merc's planned release of full electric sedan is mid 2025 I think - this might be the first full production car with AKIDA inside (a few chips for Hey Mercedes or up to 70 for all systems). That's a 4 to 5 year process from inception to delivery. Depending on the deal BRN has with Merc we might not see revenue until cars are actually sold - 3rd quarter 2025? So over 2 years from now just for the Merc deal. Others might be faster but some will no doubt be slower.
So this is not a fast process unless someone can just fit an AKIDA chip into their existing product to make it better.
It's about 12 weeks to the AGM and hopefully Sean will be there in person with a fully assembled management team. Attendance will give shareholders the best opportunity to ask questions and hopefully get a better understanding of the commercialization process and progress. It's not too long to wait.
As for Sean's tenure, I think around the 5 year mark (2027ish) would be an appropriate time to judge his overall performance. Hopefully he is still with the company at that point as that would suggest that there is no better place for him to be.
My thoughts only if course but I think this is a realistic timeline.

Agree with you but what confuses me is that if large corporations like Mercedes or Valeo plan to have products with Akida in the market in just 1-2 years do they not have to come to commercial terms with BRN. Imagine if BRN at the 11th hour (without a proper commercial agreement) said we want way more than they are willing to pay for example ( not saying that is likely) that would cause significant issues to multi-million dollar investments etc.

The anwer to this is yes they should and would if they are planning to have Akida. The question then is what are the terms that creatively avoids having to inform the market. Such an agreement you would think a company with little revenue would be very material to their future.

That then sends me down a black hole of NDAs which i am now stuck in - HELP!

 

[Rise from the ashes]

Some key dates.

Program Schedule and Selection Announcements | NASA SBIR & STTR Program Homepage

sbir.nasa.gov

Not sure why the top left hand bit looks dodge.

 

[db1969oz]

Here's hoping!



I understand things take time. I have run businesses for 20 years and lawyers are always the biggest roadblock. I have encountered a number of them and I usually encounter the most anal ones on the smallest deals!

I don't think it is unreasonable for shareholders to raise the fact that, as Sean has stated in both previous 4C's, converting paid licenses is his goal and we have not signed any since Megachips in November 2021. Like others have said though, no point complaining. If you are not happy with progress, sell and move on. I have a timeline and if I don't see another license or two by mid year, I am selling. Everyone is on a different timeline and has different levels of anxiety and investment and it is a free world. People's concerns/opinions etc should be respected.

Exactly! Everyone has a different circumstance. I unfortunately HAVE to sell some of my shares very shortly due to my circumstances! I’ve been putting it of for a long time already. Waiting to follow the financials, as the company stated, hoping for the sp to rise again, so I could sell a smaller percenrage of my shares to get me out of trouble. But, I will have to do so soon, I’ll still hold some for the longer term, but no where near as many unfortunately. Anyway, those who can afford to hold forever, let me know when fore ends, so I can sell them the week before and spend all the proceeds. Everyone is different, no one’s answer is correct for all.

 

[Kachoo]

Agree with you but what confuses me is that if large corporations like Mercedes or Valeo plan to have products with Akida in the market in just 1-2 years do they not have to come to commercial terms with BRN. Imagine if BRN at the 11th hour (without a proper commercial agreement) said we want way more than they are willing to pay for example ( not saying that is likely) that would cause significant issues to multi-million dollar investments etc.

The anwer to this is yes they should and would if they are planning to have Akida. The question then is what are the terms that creatively avoids having to inform the market. Such an agreement you would think a company with little revenue would be very material to their future.

That then sends me down a black hole of NDAs which i am now stuck in - HELP!

Presenting this info public would make futer negotiations more difficult on IP deals you don't show your cards.

 

[alwaysgreen]

View attachment 28864

You're a disrespectful human.

 

[ndefries]

Presenting this info public would make futer negotiations more difficult on IP deals you don't show your cards.

yes but....... is there a way to say that a commercial agreement has been signed without showing information that will hurt either business and future negotiations. I think mankind has solved greater challenges than that!

 

[Baron Von Ricta]

Interesting article on the Art of Holding.

Harriman House

UK's leading independent publisher of Finance, Trading and Investment books

www.harriman-house.com

 

[HopalongPetrovski]

Exactly! Everyone has a different circumstance. I unfortunately HAVE to sell some of my shares very shortly due to my circumstances! I’ve been putting it of for a long time already. Waiting to follow the financials, as the company stated, hoping for the sp to rise again, so I could sell a smaller percenrage of my shares to get me out of trouble. But, I will have to do so soon, I’ll still hold some for the longer term, but no where near as many unfortunately. Anyway, those who can afford to hold forever, let me know when fore ends, so I can sell them the week before and spend all the proceeds. Everyone is different, no one’s answer is correct for all.

It sucks when timing goes against you.
Has happened to me before and sometimes all we can salvage is the lesson, for next time.
Good luck to you.

 

[Sirod69]

Exactly! Everyone has a different circumstance. I unfortunately HAVE to sell some of my shares very shortly due to my circumstances! I’ve been putting it of for a long time already. Waiting to follow the financials, as the company stated, hoping for the sp to rise again, so I could sell a smaller percenrage of my shares to get me out of trouble. But, I will have to do so soon, I’ll still hold some for the longer term, but no where near as many unfortunately. Anyway, those who can afford to hold forever, let me know when fore ends, so I can sell them the week before and spend all the proceeds. Everyone is different, no one’s answer is correct for all.

SORRY
I can understand you very well, but there is always a risk in buying shares, everyone has to make up their own mind about this risk, above all whether they can cope with a drop in the price and even more whether they are speculating with money that they have need soon. As I have already written, I am also very much in the red, I am now happy to buy more if there was anything left. I've collected a lot, but now I'll start collecting again on my checking account.

 

[Falling Knife]