BRN Discussion Ongoing

[Shadow59]

Not yet. I would expect Boardroom meeting room but should know very soon.
The two I've been to were both at Circular Quay area.

Thanks

 

[Jimmy17]

Regarding your comment: "Sure, if I have concerns or things I would want improved as a SH, I would contact Tony - the correct channel."

I have.. and in my experience, it is either no reply or a stock standard reply that doesn't address the questions raised.

Having had only a couple of emails to and from BRN since the SP woes, I wonder if this para is part of the stock standard reply... " I am well aware of the frustration of our shareholders. I am a shareholder in BRN myself. I remain confident of our inevitable success".

Personally I remain confident in this response but also dismayed at the overall contemptuous attitude towards retail shareholders from the company. Mainly because there is simply no validation nor reassurances. Basically its us and them I.e piss off you annoying shareholders we guarantee one day you'll be rich from holding brn shares but we're not willing to explain how or why nor can we guide you as to when your asset may appreciate in value.

 

[Straw]

For the AGM

I'll be flying in,

then taking the train,

then utilising self propulsion the rest of the way. The preferred method of travel in high rise areas from the docos I've watched.

 

[Kachoo]

Having had only a couple of emails to and from BRN since the SP woes, I wonder if this para is part of the stock standard reply... " I am well aware of the frustration of our shareholders. I am a shareholder in BRN myself. I remain confident of our inevitable success".

Personally I remain confident in this response but also dismayed at the overall contemptuous attitude towards retail shareholders from the company. Mainly because there is simply no validation nor reassurances. Basically its us and them I.e piss off you annoying shareholders we guarantee one day you'll be rich from holding brn shares but we're not willing to explain how or why nor can we guide you as to when your asset may appreciate in value.

Jimmy,

They can't tell you when their assets will generate money as the release of the product is dependant on the company that sells it. They can't say company x is releasing a product with Akida.

Giving a timeline well you saw how well that worked out for the CEO with regards to break even. Now just put your self in Anils or Peters shoes non of them have sold not the major holders why ? Ask your self.

Unfortunately we need to wait it's not all straight up.

I can say this confidently we are 16 months closer to revenue then we were January 2022.

Chips are being taped by Renesas so I'm confident revenue is on the way but when is the million dollar question

 

[alwaysgreen]

Jimmy,

They can't tell you when their assets will generate money as the release of the product is dependant on the company that sells it. They can't say company x is releasing a product with Akida.

Giving a timeline well you saw how well that worked out for the CEO with regards to break even. Now just put your self in Anils or Peters shoes non of them have sold not the major holders why ? Ask your self.

Unfortunately we need to wait it's not all straight up.

I can say this confidently we are 16 months closer to revenue then we were January 2022.

Chips are being taped by Renesas so I'm confident revenue is on the way but when is the million dollar question

And how much? $5 or $10 million ain't going to cut it.

We are going to need significant revenue to justify our current market cap, let alone grow the share price. Which is why there are some, myself included, that are disappointed by the lack of license sales to date.

 

[Deleted member 118]

And how much? $5 or $10 million ain't going to cut it.

We are going to need significant revenue to justify our current market cap.

Is the other side brainwashing you lol

 

[Iseki]

But hang on a sec Isek. He-he-he!

BrainChip has integrated AKIDA with Arm cortex M-85. This was roughly around the same time that Renesas announced that they worked with Plumerai People Detection running on an MCU that was based on the Arm Cortex-M85 processor at the Embedded World conference. It is said to have sped up the processing of Plumerai People Detection by roughly 4x compared to an Arm Cortex-M7 at the same frequency.

So, if the new MCU is actually the Arm cortex-M85 + AKIDA, which seems highly likely, then, would it make sense for Renesas to start incorporating the new cortex M-85 into their own products such as potentially the R-Car V4H in the not too distant future?

Why would they pass up the chance to adopt unprecedented levels of performance and functionality when it was at their fingertips.

"By successfully demonstrating Akida’s capabilities with the Arm Cortex-M85 in a fully functioning environment, BrainChip paves the way for a new generation of intelligent edge devices that are capable of delivering unprecedented levels of performance and functionality, built on leading-edge technology from Arm."

Hi Bravo, I agree except

The two statements
"Brainchip has integrated AKIDA with Arm Cortex M-85" and
"Arm has integrated AKIDA with Arm Cortex M-85"
say two very different things. The first is brilliant, the second is in the league of the Mercedes ann. and means $$$

THis is why it is better for the CVEO to make the statements in the proper channels.

 

[Straw]

If you ask me views/care factor on appropriate market cap will vary greatly depending on your investment horizon and if you are invested in sentiment volatility or company fundamentals.

 

[alwaysgreen]

Is the other side brainwashing you lol

Maybe it's working!

Unfortunately, there is some truth in it.

 

[Deleted member 118]

Maybe it's working!

Unfortunately, there is some truth in it.

 

[DollazAndSense]

And how much? $5 or $10 million ain't going to cut it.

We are going to need significant revenue to justify our current market cap, let alone grow the share price. Which is why there are some, myself included, that are disappointed by the lack of license sales to date.

Do you really expect “significant” revenue (which is as vague as the term lumpy) until royalties begin rolling in for mass produced products?

Some, do seem to be disappointed by lack of licence sales. Others appear to be more than satisfied with the strategic partners and alliances Brainchip have been forming. Do you feel a little better after venting your disappointment for the 50th time? Maybe 51 will be the lucky number.

 

[Mccabe84]

seems like the big institutions are still buying, is this not a good sign?

 

[alwaysgreen]

Do you really expect “significant” revenue (which is as vague as the term lumpy) until royalties begin rolling in for mass produced products?

Some, do seem to be disappointed by lack of licence sales. Others appear to be more than satisfied with the strategic partners and alliances Brainchip have been forming. Do you feel a little better after venting your disappointment for the 50th time? Maybe 51 will be the lucky number.

No which is why I said we don't have enough license sales.

 

[Jimmy17]

seems like the big institutions are still buying, is this not a good sign? View attachment 34445

Well Mccabe84, depends whether its a fair playing field in accumulating those shares. Why is it, that day after day month after month, with buyers lining up and outnumbering sellers every day, that institutions are accumulating vast millions of shares, and at the same time the share price is being pushed down. Tell me how that's a good thing?

 

[Mccabe84]

Well Mccabe84, depends whether it’s a fair playing field in accumulating those shares. Why is it, that day after day month after month, with buyers lining up and outnumbering sellers every day, that institutions are accumulating vast millions of shares, and at the same time the share price is being pushed down. Tell me how that's a good thing?

Nothings stopping you from accumulating to ? Yes it’s sad the price has gone down..

 

[DollazAndSense]

No which is why I said we don't have enough license sales.

We’ll be in at least one mass produced chip later this year that we know of. How many deals are currently or going to be through Megachips that you and I will never know of?

Can you please explain those unexpected mysterious licence fees from Megachips in 2022? How would we ever possibly know which customers are licensing through MC? Just because sales aren’t being announced doesn’t necessarily mean they aren’t happening.

 

[The Pope]

Do we know where the AGM meeting will be held yet? The announcement only said 23rd May, 11.00am Sydney time. I assume Sydney like last year?
I've just realised I will be in Sydney that day! Could be a great coincidence

Yes it is in Sydney on the date and time you mentioned.
My understanding is all the BRN directors will be in attendance including CEO Sean Hehir, CFO Ken Scarince and Tony Dawe.
I hope this helps and make sure you have any questions ready for them to provide responses

Cheers
The Pope

 

[Kachoo]

I a

And how much? $5 or $10 million ain't going to cut it.

We are going to need significant revenue to justify our current market cap, let alone grow the share price. Which is why there are some, myself included, that are disappointed by the lack of license sales to date.

free our revenue is low. What I'm more curious on is our future revenue. There are a lot of partnerships developing.

NASA keep putting more interest we are quite heavily looked at by USA defense and Air force. I don't know if you really understand how much money is involved in such contracts check what the US spends on defense. Not to mention the industry that it creates too. Yeah all of it would not be BRN but their is huge huge potential. They have been working with Akida for 2.5 years if it was crap we would not keep seeing paper after paper.

The complexity of following the Money in defense is near impossible. I see the puzzle comming together very well revenue is the final part yes.

Tell me why BRN has not pushed sales to China? If they could not get traction in the US they could knock someplace else.

The constant hiring and growth is big the company has go up 3x from 20 some to over 70 people. If they were not getting traction they would not be hiring. What fiscally responsible company increase staffing cost 3 fold if they have nothing.

But yes in my opinion many details holders will sell out way to cheap just my personal opinion.

I see how the chat have deteriorated people mad at each other picking sides. The sharks are eating this up.

Institutional investment is increasing on a daily basis why cause brn has no hope and they just want to by shares to lose money for their clients. IMO

The bashers on HC have been relentless for over 2 years why?
I held shit sticks before lost money sold and moved on never tried to save the rest of the people. That's for each individual to decied.

I'm not telling anyone to buy this either it's not my job. We are just discussing the companies achievements and growth.

Years of work sometimes a lifetime goes into winning the Nobel prize.

 

[DerAktienDude]

I don’t know who it was but someone posted that mega chips hits revenue around the likes of 20 billion USD. That’s so incredibly far off. The estimated revenue for the financial year 2023 is around 500 million USD.
Please whoever stated that correct yourself. I’m sure you just confused the currencies ans that’s it. And for the love of god stop cancelling people who are not satisfied with the performance of the company. We all do like BRN ans did our due diligence. It doesn’t prevent the fact that our performance is plain awful. Otherwise we can all stop participating in this forum as it would be plain useless.

Sources: https://www.megachips.co.jp/english/pdf/2303ps-3q_e.pdf

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Don’t confuse the currencies. I guess that was the mistake and I’m certain that there wasn’t any malicious intent by the poster. So don’t feel offended it was just a mistake and that’s it. No bad feelings from my side.

 

[KiKi]

A friend had written an email to Tony Dawe a fews weeks ago with his concerns about the stock price and worries about how successful BRN is going to be and received a reply from him (I cannot post it completely as I do not have his consent to do so) and the last sentences of the reply were:
....
That is what we are focused on (my explanation: meaning customer relationship) and that is what we are working day and night to achieve (my explanation: achieve sales).
It's not a matter of if we are successful, it’s a matter of when. Please remain patient.
Regards
Tony Dawe

I also hate to see the SP going down further and further, but I keep buying more stocks as I trust Tony Dawe's words. Should he be wrong, well then I will be losing a whole lot of money and cry for a while. But until then, I will not cry about the SP! I will remain patient!