BRN Discussion Ongoing

[suss]

Hope so too, but this quantum Ventura looks tiny

Says 8 employees on linkedin.
Another industry partner adds further validation.

 

[Kachoo]

Hope so too, but this quantum Ventura looks tiny

Many of the DoD and contractors that do buisness with them are small. You have to see who owns them and the people behind the curtain. Not blatantly in the open.

 

[robsmark]

It's not a case of them being sensitive. The ASX does not run on sensitivity. It's a case of having orderly announcements to the market through the ASX, in compliance with the listing rules, be they price sensitive or non-price sensitive. Not announcing something that should be announced according to the ASX Listing Rules is just as bad as announcing something that shouldn't be announced. If the announcement is not listed as price sensitive I cannot see that it is a ramping announcement. Nevertheless, the formation of a partnership with a view to developing a product seems to me to be a matter that shareholders should be told of through at the very least a non-price sensitive announcement. Might be time for BRN to get a second opinion from another independent legal advisor.

This.

Many (including myself) don’t use socials - so to rely on this as a primary method of coms is unacceptable. How many have sold because they just aren’t receiving news to build confidence? The stocks primary listing is on the ASX and this should be the mechanism for company progress announcements. Other companies manage this, why cant we?!

 

[Bravo]

Nice video!

 

[IloveLamp]

N-PLC Click Bundle - AC plug EU

Type PLC Applications Can be used for various applications such as smart grid systems, home automation, and industr.N-PLC Click Bundle - AC plug EU MIKROE-5677

www.mikroe.com

 

[toasty]

There's a simple explanation why they don't as Bacon pointed out. Until the partnership produces revenue, it is immaterial.

Even if it was a non price sensitive announcement on the ASX, it is not going to cause a shift in the share price so why bother? It takes time and money to put together the announcement.

Personally, I am okay with this arrangement as I would rather the team focus their energy into converting the partnerships into licenses than spending time on immaterial announcements.

What's wrong with a non price sensitive announcement of significant progress????

 

[HopalongPetrovski]

Not sure why we are still hung up about shorters and SP rubbish. How do you think the SP got to $2.34? The shorters (as they are known) make money in both directions. They see a stock that has highly talked about and likely they see it's potential but rely on retail not to understand the process. They buy low talk it up full well knowing the tech is quite a way off being commercial (like gold mine finding gold that too deep or years away from from production) and they buy buy buy. Retail will jump on board and then they set a price range borrow some stock and sell sell sell!

This way they have their cake and can eat it too. They have double the stock to sell because they already bought on the way up. Double dipping the profit. (they sell both their stock that was bought low= profit, then sell their borrowed stock which puts massive pressure on the SP) So the market clearly has settled on a fair value of 39-50c. It now is trading between these area.

The good news is that once we do see some decent news/revenue then 124 Million shares need to be bought quickly before they lose their shirts.

Anyway most know this already. The company is clearly making connections in many areas and time is our only obstacle IMO. Changing/disrupting a market doesn't happen quickly, this has always been the truth. That is way sayings like :"Rome was built in a day" have been around for 100's of years.

Worms and slime moulds have a place in the ecology and perform valuable and necessary functions.
Occasionally however, when the system is off kilter or out of equilibrium they can have unwelcome and unduly exaggerated influence unnecessarily damaging and inhibiting a Companies ability to flourish by gross manipulation for the mere fiscal benefit of the few at the cost of the many.
In these cases they are acting more like cancers and I regard them as such.

 

[Deleted member 118]

Yet another great social media announcement. One day we might get another worthy asx announcement.

 

[BaconLover]

Yet another great social media announcement. One day we might get another worthy asx announcement.

The worthy Ann:

 

[Boab]

Of interest?
From the latest review of the Porsche Cayenne e-hybrid.

Different to the MB which annoyingly will blank the passenger screen if the vehicle detects the driver trying to have a peek.

 

[Dozzaman1977]

BRAINCHIP AND QUANTUM VENTURA PARTNER TO DEVELOP CYBER THREAT DETECTION

GREEN FLAG PLATO

 

[Deadpool]

Great news.
Could this little investment below, be now paying dividends for us?

BrainChip Acquires License to Cybersecurity Technology

BrainChip Acquires Cybersecurity Technology License

brainchip.com

 

[Xhosa12345]

Great news.
Could this little investment be now paying dividends for us?

BrainChip Acquires License to Cybersecurity Technology

BrainChip Acquires Cybersecurity Technology License

brainchip.com

Dividends?

Only dividends likely are in seans tab account....

 

[HopalongPetrovski]

Respectfully Hopalong, I think you’re missing the point.

“Particularly when it has been subjected to blatant manipulation and shorting attacks reducing its daily valuation by two thirds from this time last year.”

There is a reason we have been shorted - very little revenue and no new announced commercial customers. These institutions have entered our house, and they have destroyed our SP by shorting… but management gave them the keys.

“Instead they are dependant upon individuals or sections reaching and exceeding certain KPI's which will be growth and performance based on Company expectations and requirements.”

Some employees (then CEO, Marketing, BDM, anyone non technical for that matter) have KPIs which are likely bound or at least attached to financial performance. These have clearly not been met. Sean stated that we should have been financially self sufficient (early in 2022, though I forget where and when) by they end of last year, and he also said that he should be judged by his performance by this AGM. Lets face it - the SP dropping by 2/3rds isn’t a great achievement.

These people get paid a lot of money to be responsible for the management of a vessel that contains your money. Some on here need to stop making excuses and call it want it is.

My 2c - throw your punches at get it over with.

Hi Rob.

My point is that looking back mistakes may have been made, the absolute pristine path of growth may have been missed and that it stinks that our share price is lower at the moment than its all time highs. As a fellow share holder these are all points of concern.

However, I choose to focus my attention on what Sean and the Company are doing now to try and address these issues.
They have some baggage to clear from the past, and, as ugly as it may appear, I would like them to be rid of it so they can focus on lessons learnt, and get on with it.

Some may think Sean has had his chance and did not cut the mustard, but I think he deserves more time to get the Company traction and I'm yet to hear an alternate plan of action moving forward, beyond "off with his head".

I think we need to back in our management, acknowledging they are but merely human, and thus liable to error, and having hopefully learned from such, support their ongoing efforts on our behalf in moving forward and progressing the Company and its aims, which will eventually be reflected in our share price.

If your team fumbles and stumbles calling them names may bring a brief moment of self gratification but it's ultimately not conducive to the result desired. That, in a nutshell is my point.

 

[mcm]

Wow! If Evgeni likes it, then I loooovvvveee it!



View attachment 36542


View attachment 36540




View attachment 36539

Amen to that. Figure he must have a pretty good reason to 'like' it so I also liked it by buying more.

 

[Foxdog]

Hi Rob.

My point is that looking back mistakes may have been made, the absolute pristine path of growth may have been missed and that it stinks that our share price is lower at the moment than its all time highs. As a fellow share holder these are all points of concern.

However, I choose to focus my attention on what Sean and the Company are doing now to try and address these issues.
They have some baggage to clear from the past, and, as ugly as it may appear, I would like them to be rid of it so they can focus on lessons learnt, and get on with it.

Some may think Sean has had his chance and did not cut the mustard, but I think he deserves more time to get the Company traction and I'm yet to hear an alternate plan of action moving forward, beyond "off with his head".

I think we need to back in our management, acknowledging they are but merely human, and thus liable to error, and having hopefully learned from such, support their ongoing efforts on our behalf in moving forward and progressing the Company and its aims, which will eventually be reflected in our share price.

If your team fumbles and stumbles calling them names may bring a brief moment of self gratification but it's ultimately not conducive to the result desired. That, in a nutshell is my point.

But they still need to be accountable and address the valid concerns of Shareholders. Our money is paying their salaries and bonuses. To continue in this secretive (NDA bubble) whilst not putting ASX announcements out (price sensitive or not) simply can't continue. Particularly when the SP has retraced by around 75% and the latest 4C had an insignificant revenue figure. The lack of transparency here and inability to navigate the ASX reporting rules is particularly unprofessional for a listed company. By their actions our management are enabling the shorters to decimate the value of our holdings.

These NDA's had better lead to revenue soon, otherwise using them as a reason for suppressing the flow of information to shareholders may be seen as a deceitful tactic.

 

[overpup]

BrainChip and Quantum Ventura Partner to Develop Cyber Threat Detection​

Laguna Hills, Calif. – May 15, 2023 – BrainChip Holdings Ltd (ASX: BRN, OTCQX: BRCHF, ADR: BCHPY), the world’s first commercial producer of ultra-low power, fully digital, event-based, neuromorphic AI IP, announced today Quantum Ventura Inc., a San Jose-based provider of AI/ML research and technologies, will use BrainChip’s Akida™ technology to develop new cyber threat-detection tools.

In this federally funded phase 2 program, Quantum Ventura is creating state-of-the-art cybersecurity applications for the U.S. Department of Energy under the Small Business Innovation Research (SBIR) Program. The program is focused on “Cyber threat-detection using neuromorphic computing,” which aims to develop an advanced approach to detect and prevent cyberattacks on computer networks and critical infrastructure using brain-inspired artificial intelligence.

“Neuromorphic computing is an ideal technology for threat detection because of its small size and power, accuracy, and in particular, its ability to learn and adapt, since attackers are constantly changing their tactics,” said Srini Vasan, President and CEO of Quantum Ventura Inc. “We believe that our solution incorporating BrainChip’s Akida will be a breakthrough for defending against cyber threats and address additional applications as well.”

“This project with the Department of Energy offers an ideal opportunity to demonstrate how Akida opens up new possibilities in cybersecurity, including the ability to run complex AI algorithms at the edge, reducing the dependency on the cloud” said Rob Telson, Vice President of Ecosystems & Partnerships at BrainChip. “We are excited about the progress that Quantum Ventura are making with BrainChip in this project which is extremely vital to the safety of the nation’s infrastructure.”

The Akida neural processor and AI IP can find unknown, repeating patterns in vast amounts of noisy data, which is an asset in cyber threat detection. Once Akida learns what normal network traffic patterns look like, it can detect malware, attack signatures, and other types of malicious activity. Because of Akida’s unique ability to learn on device in a secure fashion, without need for cloud retraining, it can quickly learn new attack patterns, enabling it to easily adapt to emerging threats.

BrainChip IP supports incremental learning, on-chip learning, and high-speed inference with unsurpassed performance in micro watt to milli-watt power budgets, ideal for advanced AI/ML devices such as intelligent sensors, medical devices, high-end video-object detection, and ADAS/autonomous systems. Akida is an event-based technology that is inherently lower power than conventional neural network accelerators, providing energy efficiency with high performance for partners to deliver AI solutions previously not possible on even battery-operated or fan-less embedded, edge devices.



About Quantum Ventura Inc.

Headquartered in the heart of Silicon Valley in historic San Jose downtown, Quantum Ventura Inc. is in the business of creating innovative and groundbreaking systems and technologies in the areas of Artificial Intelligence/Machine Learning, AI/ML Verification and Validation, Cybersecurity, Secure Mobile technology (Diamond Droid) and HPC-driven Big Data Analytics. Quantum Ventura’s R&D division, QuantumX Research Labs, undertakes R&D services in providing advanced technology solutions to federal agencies and corporations throughout the U.S. Quantum Ventura excels in developing concepts into market-focused products and customer-driven solutions, designing creative solutions, and building unique products for challenging problems with complete end-to-end solutions, components, and unsurpassed technical expertise. For more information visit https://www.quantumventura.com/.

Quantum Ventura: Bit Detective (sorry)

 

[Frank Zappa]

But they still need to be accountable and address the valid concerns of Shareholders. Our money is paying their salaries and bonuses. To continue in this secretive (NDA bubble) whilst not putting ASX announcements out (price sensitive or not) simply can't continue. Particularly when the SP has retraced by around 75% and the latest 4C had an insignificant revenue figure. The lack of transparency here and inability to navigate the ASX reporting rules is particularly unprofessional for a listed company. By their actions our management are enabling the shorters to decimate the value of our holdings.

These NDA's had better lead to revenue soon, otherwise using them as a reason for suppressing the flow of information to shareholders may be seen as a deceitful tactic.

Are we in a trading halt . Ah , no . Just no interest in buying for an unusuall period of time . Was thinking we were going to get an announcement. Oh well . At least I am still positive 🫰

 

[Bravo]

Nice video!

Cool!

1.09 mins in it says something along the lines of:

"Along with our co-development partners Lockheed Martin, Quantum Ventura has been able to create an advanced AI/ML verification and validation technology that the marketplace someday soon will not be able to live without. Our tools are relevant for both DOD and non-DOD customers."

 

[FrederikSchack]

People have been envious about the ones buying Brainchip at four cents, how easy it is for them to ride along at 40 cents and that's understandable, because they weren't in those peoples shoes back then.

In a few years, people will envy those that bought at the suppressed levels of 40 cents, because how easy it is for them to ride along when Brainchip falls back to 4 dollars. They won't ever understand the uncertainty, the lack of information, the doubts, the shorter manipulation, the risks, the constant scanning of new potential competitors, the disbelief that the share price is falling despite new partnerships and appraisals.

Many of those that will envy the ones buying at 40 cents, are the ones who would never dream of buying Brainchip now.