stockduck
Regular
A very nice one of explanation....and I think you "nailed" it.Back home on PC.
Much criticism has been levelled at Sean Hehir for not communicating with shareholders over the last several months and to some extent this type of criticism has been made since shortly after he took the reins at Brainchip.
My intention is not to debate the merits of the criticism suffice to say I on two occasions have made clear a concern I had about his communication style, but as I am just an old technophobe without any experience of running, for the sake of this discussion a Silicon Valley type technology start-up that originated from Australia currently listed on the ASX and intending to eventually launch on Nasdaq during a time of global turbulence with the major shareholders and founders looking over my shoulder, so I expressed those concerns directly to the company.
In expressing those concerns it was emphasised that the company was in the process of reinventing its corporate branding as a commercial entity and while it appeared to be taking backward steps these measures were essential if the end goals were to be realised.
I probably do not need to write that Tony Dawe has been under almost constant attack for the best part of six months from shareholders concerned about the direction of the company and that over this time the company has only poorly at one level communicated the importance of what was taking place to set the foundations for success.
These foundations can be summed up from the company's point of view in the one word "ECOSYSTEMS".
So if we look at the avalanche of news over the last couple of weeks, today's promise by Sean Hehir of more to come, and the focus of today's podcast fronted by Sean Hehir being "ECOSYSTEMS" and the qualifications of the guest to speak precisely on this point it is my impression that this podcast was Sean Hehir trying to explain to shareholders why the pain of the last 18 months since his appointment had been necessary.
I posted earlier a quote relating to competitors but the overall paper is about whether the world is ready for neuromorphic computing and in essence it does nothing if not make clear that in the absence of what Sean Hehir and his guest describe as "Ecosystems" an AKIDA technology revolution cannot take place.
Building these "ECOSYSTEMS" is not sexy, it does not bring in immediate income but without technology "ECOSYSTEMS" AKIDA will have no value to anyone.
Sean Hehir used at the AGM last year his three legged chair to describe what he was doing and how without one of the legs a three legged chair cannot stand or be of any use.
"ECOSYSTEMS" were one of the legs of this chair and today was Sean Hehir attempting to explain with the assistance of someone who has done it for Nvidia why taking the time to build "ECOSYSTEMS" to support AKIDA technology just had to be accomplished otherwise failure would be the outcome.
I hope that this podcast has drawn a line in the sand and that going forward we will see a change in the communication that takes place with shareholders and in this regard I am not talking about lots of IP licence agreements being announced what I am talking about is a less introspective style, one where Sean Hehir takes on fully the role of visionary CEO leading from the front confident that all the foundations needed including "ECOSYSTEMS" are firmly in place.
If this all sounds a bit Tesla-ish having a vision that shareholders, customers and "ECOSYSTEM" partners can embrace is in my opinion absolutely essential if Brainchip is to lead the Artificial Intelligence revolution and have the world follow AKIDA technology science fiction forward into the 4th Industrial Revolution.
Well you did ask.
My opinion only DYOR
FF
AKIDA BALLISTA
That`s how I feel it too, but for a "mom and dad investor" it is also feeling pain and high financial risk even if you do not "need" the money you have invested in. I hope Mr. CEO knows about this convidence those shareholders put on him.
This will be very exciting to see how an new financial investment will be made, if this will be the case in future.
Do we have to endure a further fall in the share price, or can a new investment also result in added value in terms of the share price, so that although patience is required on the part of the shareholders as an ingredient in the cake, the shareholders are not thrown out of the kitchen and can continue to watch the preparation of the coffee coronation and are welcome co-owners as tasters?
Are "mom and dad Investors" a part of the ecosystem?
I hope, I got the message right.
