BRN Discussion Ongoing

[Iseki]

You're entitled to your own opinion Diogenese.

The reason I think it's a "buddy" deal, is because I think it's likely he didn't have a million dollars in free capital to exercise the options at the time.

How could him not exercising the options and giving the Company a million dollars, possibly be in the best interests of the Company, or its shareholders?

The reason of tax selling was given.

At no time in the Company’s past, has it given consideration, to what the selling of shares (LDN for example) would do to the share price.
It's just been a case of "Well that's the Market".

@MDhere, he will have to sell a hunk almost immediately, to cover his tax, for the same reasons as the Company was supposedly protecting us from, when the share price was much higher.

The argument that this is not dilution by the Company, because the options were already granted, is baseless, as they were granted on the basis of providing the Company, with a million dollars in funds.

Now they are just a gift.

@Cirat, the whole idea, that Emmanuel Hernandez has a claim against the Company, doesn't gel with me, when it was outside normal circumstances, for the treating of the options.

His "favor" to the Company of not exercising, simply does not make sense.

I wonder if EH is still mates with some of our potential clients and we are over a barrel?

 

[Rskiff]

I wonder if EH is still mates with some of our potential clients and we are over a barrel?

Surely the tech would sell itself on its' benefits

 

[BaconLover]

Another great day and week ahead for BRN.

Congratulations to all of us () holders

Hopefully a few more of great weeks to come
XOXOXOXOXOXO

 

[SERA2g]

Another great day and week ahead for BRN.

Congratulations to all of us () holders

Hopefully a few more of great weeks to come
XOXOXOXOXOXO

Long time no see baccy xx

 

[DingoBorat]

I wonder if EH is still mates with some of our potential clients and we are over a barrel?

I don't know, but the whole matter stinks.

I have no problem with him being awarded with 8 million options, on the same terms, of 12.5 cents exercise rate.

There was no guarantee that he would exercise the options, even if the original period was kept in place.

I personally see no reason, why he should be granted 8 million shares, at no cost.

That was not his original entitlement.

Only the option to aquire shares in the Company.

It's pretty obvious to me, that this deal was made in Emmanuel Hernandez's best interests.
Not the Company's or shareholders.

 

[Deleted member 118]

Today we await the release of the 4C that should be out soon. The SP has dropped significantly on no news again. Could it be that some are "in the know", and this could be the last opportunity to buy up cheap before the good news tomorrow!

let’s pray

 

[Damo4]

POV: Me when I remember who decided my avg buy in price (I did):

BTW, a quote I came across recently seems to bring some calm:
“Lessons in life will be repeated until they are learned.”

Hope everyone is doing ok.

 

[Cirat]

IMO opinion, the reason for the lack of announcements on the ASX is that we have a CEO and most board members who are US IT people and used to doing business in a different way to how we plebs work down under. I'm pretty sure they feel that all the people in their circle of influence get to know of any news, i.e. the IT industry and EAP's, prospects and license holders, through the channels they are using. I can almost guarantee that if we had a largely Australian board and an Aussie CEO the granting of a prestigous industry award would indeed result in a (non price sensitive) ASX announcement so that the shareholders and wide investment community were made aware. I reckon they'd realise that the majority of the many thousands of BRN shareholders are not part of the IT industry and therefore do not routinely receive such information.

I've said many times that I'm a strong supporter of our technical founders but I must admit to being continually disappointed by the lack of understanding of the Australian investment environment by our US based management. Roll on a Nasdaq listing so they (management) can play in an investment sandpit they understand.

FWIW

We need to list on the NASDAQ .... USA holders will value us more and generally hold shares for 7 - 10 years

 

[Techinvestor17]

We need to list on the NASDAQ .... USA holders will value us more and generally hold shares for 7 - 10 years

I disagree, USA would smoke up more than what we are Doing on the ASX. Take IONQ for example. It has the most advanced quantum computers publicly know, has actual revenue threat is growing and is along valued at roughly a billion USA. Not to mention a current short interest of roughly 25%.

 

[HopalongPetrovski]

We need to list on the NASDAQ .... USA holders will value us more and generally hold shares for 7 - 10 years

I'll bet it's the same sorta ratbags with a different accent.

 

[MadMayHam | 合氣道]

Just a thought, but what if EH was quietly asked to retire by the board so the new Chairman could take over, and it wasn’t all that friendly.
I have nothing to back this up, but the smell of legal issues makes me ponder.

That's exactly what I was thinking earlier... then the price soared to $2.34 and EH lost out on the opportunity for profit (more than $15m) thus the potential of legal action... which would explain why now they're being offered to him for free instead of at 12.5c. This may also be why the issue cannot be further elaborated upon aside from the exact wording in the statement which the lawyers have most certainly approved and SH read out word-for-word.

Again not based on facts just my feeling on how this all makes sense.

 

[Deleted member 118]

Just a thought, but what if EH was quietly asked to retire by the board so the new Chairman could take over, and it wasn’t all that friendly.
I have nothing to back this up, but the smell of legal issues makes me ponder.

I’ll guess we will find out more details if it’s a no vote

 

[Rach2512]

Don't bother with these cry babies, they will only cry more when you give them attention. It's much simpler just to put them on ignore and they will eventually grow tired of crying when nobody is listening.

That's what I 've done, I've put quite a few on ignore rerecently it makes such a difference.

 

[KiKi]

Does this mean the conference will be spoken in the German language?
View attachment 35038

No, not necessarily. Germans speak English too

 

[Deleted member 118]

 

[KiKi]

Waiting for 4C.

 

[jtardif999]

What?

View attachment 34985

Might be confusing for any Kiwi investors

 

[Wickedwolf]

As far as I'm concerned absolutely nothing has changed fundamentally in the company from when we were $2.34 to today when we're sub 40c.
[/QUOTE]


Only thing that had changed fundamentally is that we are in a far better position to justify a $2+ share price….but hey…why don’t we just ignore all that and continue to blame management because they clearly define the day to day sp

 

[wilzy123]

I think some people blaming negative posts for lower share price are stupid... lol

Howcome all the upramps are not driving the share price up??

This is a great analysis, Such great