Frank Zappa
Regular
That was very heavy reading . Taken my mind off the share price for the rest of the day whilst I absorb and recover . Thankyou .My DJI mini drone has non of these attributes
BRN Discussion Ongoing
- Thread starter TechGirl
- Start date
When it comes to NDA's and Announcements it is not that hard to say something without causing issues from both ASX compliance & NDA's.
Many other companies on the ASX do this every day! Just got to do your job I guess. lol.
An example of roughly what could be possible might be below -
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BRN is happy to announce that it is stepping into the future with continual progress being made on its Cortical Akida project. BRN management see this being the next step in evolution of the "Chip" and in Edge Ai. While still under development which carries no guarantees it is hoped to be be completed within the 2023-2024 time frame if successful. Brainchip is not aware of any other company researching for commercial use a Cortical Ai Chip or IP.
Blah blah blah .... a bit about what a Cortical Ai is about etc.
---------------------------------------------------------------------------------------------------------------------------------------
or
BRAINCHIP is please to announce that they have entered the last frontier namely SPACE with several AKIDA chips being used in spacecraft to evaluate their performance and suitability to this challenging environment. While not currently of significant value to the company in a dollar sense (only 4 chips) it it hoped to open the way for future involvement in what is deemed to be the last great frontier.
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NOW .......BRN Management has a DUTY to keep both the Market & Shareholders "informed" of its business including any advances being made. This is actually a requirement of the ASX and ASIC. To NOT do so is actually misleading the shareholders & Market.
ASX cannot ask for specifics if it is under development & or Evaluation and these are as yet unknown. Cannot even say who is using because they might decide to not be customers and naming them now would be inferring them to be customers & misleading the market.
But it is KEEPING the Market & more importantly shareholders informed of projects and their development.
Shareholders have the right to being kept informed of their companies progress beyond 4C etc.
Now I know we have a bunch of scientists running the show. But a Company and its CEO have a duty to shareholders to MAXIMISE the VALUE of the company both in its products & Share price (Asset base).
Its not just about making the world best Coffee Maker its about bringing VALUE to the shareholder and their assets (holdings).
Maybe we need a compliance Officer who will push back at ASX Compliance and fight a bit to get News and Info onto the ASX.
NOTE: Giving misleading or False info is a no, no and not what I am talking about.
All this is my own take and opinion on things. My compliance days were long ago but still relevant to understanding the issues. You just have to have a go at pushing stuff through , not take the easy way out. You have to have the desire to do this!
ps. A Lawyer can always find a problem with anything written or write (word) a document that will pass muster. Its his job & Career. His choice.
DYOR. ( I know I will get criticism for this post)
Yak52
PPS. Some NDA .....B/S about naming companies. ASX Compliance cannot require names unless a contract has been made or is in progress.
Otherwise it is inferred and potentially misleading.
.
Many other companies on the ASX do this every day! Just got to do your job I guess. lol.
An example of roughly what could be possible might be below -
----------------------------------------------------------------------------------------------------------------------------------
BRN is happy to announce that it is stepping into the future with continual progress being made on its Cortical Akida project. BRN management see this being the next step in evolution of the "Chip" and in Edge Ai. While still under development which carries no guarantees it is hoped to be be completed within the 2023-2024 time frame if successful. Brainchip is not aware of any other company researching for commercial use a Cortical Ai Chip or IP.
Blah blah blah .... a bit about what a Cortical Ai is about etc.
---------------------------------------------------------------------------------------------------------------------------------------
or
BRAINCHIP is please to announce that they have entered the last frontier namely SPACE with several AKIDA chips being used in spacecraft to evaluate their performance and suitability to this challenging environment. While not currently of significant value to the company in a dollar sense (only 4 chips) it it hoped to open the way for future involvement in what is deemed to be the last great frontier.
------------------------------------------------------------------------------------------------------------------------------------------
NOW .......BRN Management has a DUTY to keep both the Market & Shareholders "informed" of its business including any advances being made. This is actually a requirement of the ASX and ASIC. To NOT do so is actually misleading the shareholders & Market.
ASX cannot ask for specifics if it is under development & or Evaluation and these are as yet unknown. Cannot even say who is using because they might decide to not be customers and naming them now would be inferring them to be customers & misleading the market.
But it is KEEPING the Market & more importantly shareholders informed of projects and their development.
Shareholders have the right to being kept informed of their companies progress beyond 4C etc.
Now I know we have a bunch of scientists running the show. But a Company and its CEO have a duty to shareholders to MAXIMISE the VALUE of the company both in its products & Share price (Asset base).
Its not just about making the world best Coffee Maker its about bringing VALUE to the shareholder and their assets (holdings).
Maybe we need a compliance Officer who will push back at ASX Compliance and fight a bit to get News and Info onto the ASX.
NOTE: Giving misleading or False info is a no, no and not what I am talking about.
All this is my own take and opinion on things. My compliance days were long ago but still relevant to understanding the issues. You just have to have a go at pushing stuff through , not take the easy way out. You have to have the desire to do this!
ps. A Lawyer can always find a problem with anything written or write (word) a document that will pass muster. Its his job & Career. His choice.
DYOR. ( I know I will get criticism for this post)
Yak52
PPS. Some NDA .....B/S about naming companies. ASX Compliance cannot require names unless a contract has been made or is in progress.
Otherwise it is inferred and potentially misleading.
.
D
Deleted member 118
Guest
Fullmoonfever
Top 20
Just a slice of this mkt will do fine...well...as an appetizer anyway 
Summer MyattMarch 3, 2022, 11:46 am
The federal government is working to develop and implement artificial intelligence capabilities for use across multiple agencies and operational facets in an effort to increase efficiency, better detect network vulnerabilities, boost military defenses and ensure the U.S. technological and operational advantage over adversarial forces.
Over 600 AI projects are currently underway within the Department of Defense, according to a recent study by the Government Accountability Office that outlined the department’s status in regards to developing and acquiring AI capabilities.
Artificial intelligence is a top priority for the U.S. government; AI was included in the White House’s recently published critical and emerging technologies list, which identified tech areas that could help safeguard American citizens, boost economic growth and defend democratic values.
The GAO report said AI is “poised to change future battlefields and the pace of threats the U.S. faces,” and it will continue to gain importance in DOD operations as global power countries accelerate their own adoption of the technology.
“Other nations are making significant investments in this area that threaten to erode the U.S. military technological and operational advantage,” according to GAO.
However, despite the Defense Department’s strategy of “investing heavily in AI tools and capabilities,” many of these tools and capabilities are not yet cleared for operational use.
“The majority of AI capabilities that support DOD’s warfighting mission are still in development,” the report found. “These capabilities largely focus on analyzing intelligence, enhancing weapon system platforms such as aircraft and ships that do not require human operators, and providing recommendations on the battlefield (such as where to move troops).”
This development setback highlights the tedious acquisition process and talent shortage issues that continue to burden the Defense Department and hamper innovation.
Learn more about the government’s adoption of AI technology for uses across military, cybersecurity and national security at the Applying AI to Data for Cyber Hygiene and National Security Forum hosted by ExecutiveBiz Events on March 10.
DISA’s Stephen Wallace is scheduled to keynote the in-person forum and speak alongside other prominent federal and industry leaders on how AI can be implemented to usher the country into the next generation of technological superiority.
DOD Ramps Up Artificial Intelligence Development With Over 600 AI Projects Underway
by
Summer MyattMarch 3, 2022, 11:46 am
The federal government is working to develop and implement artificial intelligence capabilities for use across multiple agencies and operational facets in an effort to increase efficiency, better detect network vulnerabilities, boost military defenses and ensure the U.S. technological and operational advantage over adversarial forces.
Over 600 AI projects are currently underway within the Department of Defense, according to a recent study by the Government Accountability Office that outlined the department’s status in regards to developing and acquiring AI capabilities.
Artificial intelligence is a top priority for the U.S. government; AI was included in the White House’s recently published critical and emerging technologies list, which identified tech areas that could help safeguard American citizens, boost economic growth and defend democratic values.
The GAO report said AI is “poised to change future battlefields and the pace of threats the U.S. faces,” and it will continue to gain importance in DOD operations as global power countries accelerate their own adoption of the technology.
“Other nations are making significant investments in this area that threaten to erode the U.S. military technological and operational advantage,” according to GAO.
However, despite the Defense Department’s strategy of “investing heavily in AI tools and capabilities,” many of these tools and capabilities are not yet cleared for operational use.
“The majority of AI capabilities that support DOD’s warfighting mission are still in development,” the report found. “These capabilities largely focus on analyzing intelligence, enhancing weapon system platforms such as aircraft and ships that do not require human operators, and providing recommendations on the battlefield (such as where to move troops).”
This development setback highlights the tedious acquisition process and talent shortage issues that continue to burden the Defense Department and hamper innovation.
Learn more about the government’s adoption of AI technology for uses across military, cybersecurity and national security at the Applying AI to Data for Cyber Hygiene and National Security Forum hosted by ExecutiveBiz Events on March 10.
DISA’s Stephen Wallace is scheduled to keynote the in-person forum and speak alongside other prominent federal and industry leaders on how AI can be implemented to usher the country into the next generation of technological superiority.
Hmmm.Ok Yak ........ I am no pro in this arena,
I don't quite understand what you are saying re bolstering the buy side will be detrimental to the sell side ?
I thought the greater the buyer numbers when compared to selling numbers .......... should raise the share price.
Have I got that wrong ?
As to why so much below the strike price ........... is simply 2 things.
1.As you alluded to, i cannot resist a bargain ......... sometimes I buy things online even if i don't need them, ON THE CHANCE maybe I will one day.
2. I like the challenge of catching a falling knife, and get in early in the que in case that is where the knife lands.
Mate ......I do not usually have much to say on this and the other forum ...... I am still learning this stuff ...... and applaud posters like yourself, and others
that can add real substance to the discussions here.
Today I am trying to make this a subject of conversation ........ cos it might have a BETTER chance of being heard as with anyone else that has something to add
by our distinguished management.
Not saying it will succeed........... but if you never never try ....... you will never never Know.
My all time Favourite song is the Chuck Berry number "You Never Can Tell" .......... made famous by the classic movie "Pulp Fiction"
I will not try smiley faces again after the last attempt ..... but consider it to be here
Like I said newpunta....................you are part of the problem, not the solution!
You ACTUALLY want the stock ? Well BUY IT, NOW AND HERE. like I said is BRN @ 96c not a bargain or steal? Apparently not according to you!
As far as buy/sell numbers go............these days with BoTs trading that belief is only for the Retail to fall for. Especially if using just a phone.
BoTs manipulate the BUY/SELL numbers to suit their own trading and confuse/trick YOU!
The exception to this may sometimes be during a massive buyup from an Announcement when Retail/DTs overwhelm the BoTs. Rare.
Mate do NOT ever try catching a falling knife as a Retail. BUY because of substantial Fundamentals and belief that the SP (BUY) is a bargain.
Have belief in the company, product and its current SP or stay away. falling knifes cut badly!
Yak52.
thelittleshort
Top Bloke
It sounds like a lot of punters on here are long term holders and are still doing very well despite the downturn in SP. I am genuinely stoked for you all (and jealous if I am dead honest!)
So when you start to get all gloomy on it, spare a thought for my "friend" who only fomoed into the BrainChip party in January 2022 and bought his third and final tranche on the 13th at $2.13 ffs - oh the humanity
The poor guy can no longer make eye contact with his wife
However, there will be announcements and they are going to be glorious
The world will return to normal and the SP will skyrocket to unfathomable heights
BrainChip is a bloody winner and my mate cannot wait to buy his missus a new Mercedes EQXX to rub it in her face
Akida Ballista!
So when you start to get all gloomy on it, spare a thought for my "friend" who only fomoed into the BrainChip party in January 2022 and bought his third and final tranche on the 13th at $2.13 ffs - oh the humanity
The poor guy can no longer make eye contact with his wife
However, there will be announcements and they are going to be glorious
The world will return to normal and the SP will skyrocket to unfathomable heights
BrainChip is a bloody winner and my mate cannot wait to buy his missus a new Mercedes EQXX to rub it in her face
Akida Ballista!
Last edited:
Mugen74
Regular
Yak52,Imo unfortunately your example announcements would be deemed marketing by the ASX,then all the HC downrampers would be at it again screaming all fluff no substance.The price will move up again when the big boys decide its time or we get price senstive annoucements.Until such time more pantene required from LTHs
err Mugen74.............who cares a dog turd about HotCrapper and what they post? YOU still watchin over there? lol.
No actually those were basic examples which were not "Fluff" as you put it.
#1. Keeping the Market & Shareholders "Informed" is a requirement. therefore the SPACE announcement (example) was keeping the Market & Shareholders "INFORMED" without making any claims or inferring about selling any commercial numbers of AKIDA Chips or having any Customers who would sign any contracts of any significance.
It was not misleading or FALSE in its information as these Chips really were in space being used & evaluated (for this exercise point) so how would ASX Compliance have any issues with it ? AND IF they did that what your own compliance team is there for to FIGHT for the shareholders (owners) and reason and prove with ASX Compliance as to why this announcement is not advertising or fluff.
Do you not think as a Shareholder you have both the "RIGHT" and the NEED to know if these cases were true and factual?
Or are you blindly just following along without knowledge and information about why and where you are going?
I hate to say it but there is too much of a SMOKE SCREEN been put up about ASX Compliance and new rules for companies.
Look around and see other companies having no issues! I am invested in some and talk with their CEO's, so aware.
Yak52
wilzy123
Founding Member
People still visit, or care about, HotCrapper? LOL
Mugen74
Regular
Whoo,pump the brakes mate,reread my post and have a little deeper think about what I posted.I get you are upset (you have been for a while now)however I am not your enemy!
Fact Finder
Top 20
I just plucked the following technology driven stocks and their share prices have also been falling. Is this because Brainchip management has not made announcements or is this just a coincidence? Tech stocks in the USA and Europe are also retreating is this also the fault of Brainchip management?
SOR, PLY, LNU, AXE, 4DS, RAD.
I know the Ukrainian Russian war and nuclear threats have nothing to do with it because of the in depth analysis that has been applied here today.
Brainchip's management team have a great deal to answer for and should be held to account not just by the shareholders of Brainchip but by all the shareholders of tech companies around the world. How could they let this happen when all they have to do is make up something to announce. Such scandalous behaviour.
I wonder if they are the cause of the fall in all my biotechnology stocks? Could be as it has the word technology in its title that might be enough such is the devastating effect of Brainchip on the markets.
My opinion only DYOR
FF
AKIDA BALLISTA
SOR, PLY, LNU, AXE, 4DS, RAD.
I know the Ukrainian Russian war and nuclear threats have nothing to do with it because of the in depth analysis that has been applied here today.
Brainchip's management team have a great deal to answer for and should be held to account not just by the shareholders of Brainchip but by all the shareholders of tech companies around the world. How could they let this happen when all they have to do is make up something to announce. Such scandalous behaviour.
I wonder if they are the cause of the fall in all my biotechnology stocks? Could be as it has the word technology in its title that might be enough such is the devastating effect of Brainchip on the markets.
My opinion only DYOR
FF
AKIDA BALLISTA
mrgds
Regular
Have to agree with the sentiment of a few posters here,
Attached is a screenshot of a mining company , just giving shareholders a "update" on how works are progressing.
Did wonders for the s/p too, ..............up 16%
Fact Finder
Top 20
Have not read the announcement you have put up but this issue was raised over in the other place and I spent quite a bit of time on the fact that mining companies have their own disclosure requirements under the ASX Rules and so before drawing a comparison between what a mining company releases and any other ASX listed company you need to check.
Best to compare oranges with oranges and apples with apples. But I would challenge anyone to find an orange to match the Brainchip orange or apple. They cannot exist if the reason we are invested in Brainchip is because it is so revolutionary and first in the world.
Mining companies are also not usually working with the Departments of Defence of multiple allied countries or NASA and the European Space Agency and subject to secrecy laws and things like treason not to mention just straight out NDA's.
The whole argument around what a technology company like Brainchip if it is accepted that they have a technology revolution in the form of AKIDA technology and its future iterations should be announcing breaks down when you compare them with companies selling sausages made with a secret recipe, or a gold miner digging for gold, or a shoe company selling its summer range they cannot in any way shape or form be judged by the standards of these businesses.
If shareholders do not understand this then they need to do a whole lot more research about what it is that Brainchip has developed and is selling around the World.
You cannot sit on the fence worrying about whether they have taken adequate measures to protect the intellectual property underpinning AKIDA then complaining because they run a tight ship with most of their work being opaque to your gaze.
It is just that simple.
My opinion only DYOR
FF
AKIDA BALLISTA
Best to compare oranges with oranges and apples with apples. But I would challenge anyone to find an orange to match the Brainchip orange or apple. They cannot exist if the reason we are invested in Brainchip is because it is so revolutionary and first in the world.
Mining companies are also not usually working with the Departments of Defence of multiple allied countries or NASA and the European Space Agency and subject to secrecy laws and things like treason not to mention just straight out NDA's.
The whole argument around what a technology company like Brainchip if it is accepted that they have a technology revolution in the form of AKIDA technology and its future iterations should be announcing breaks down when you compare them with companies selling sausages made with a secret recipe, or a gold miner digging for gold, or a shoe company selling its summer range they cannot in any way shape or form be judged by the standards of these businesses.
If shareholders do not understand this then they need to do a whole lot more research about what it is that Brainchip has developed and is selling around the World.
You cannot sit on the fence worrying about whether they have taken adequate measures to protect the intellectual property underpinning AKIDA then complaining because they run a tight ship with most of their work being opaque to your gaze.
It is just that simple.
My opinion only DYOR
FF
AKIDA BALLISTA
DollazAndSense
Regular
I feel like such an old soul sometimes on days of frustration like this. I, like everyone else in this amazing community would love a positive announcement to drop at any second. I also remember the days of longer attention spans and people who didn't feel a compulsion for instant gratification.
It's only been two months since news of Brainchip working with Mercedes and ISL came about. Sixty days. That's how long I go between haircuts. I have a true belief in this company and am in this for the long haul. What substantial information could you hope to get from a media release by Brainchip, that is going to appease your current company doubts if they have to dance around NDAs and ASX requirements.
It's only been two months since news of Brainchip working with Mercedes and ISL came about. Sixty days. That's how long I go between haircuts. I have a true belief in this company and am in this for the long haul. What substantial information could you hope to get from a media release by Brainchip, that is going to appease your current company doubts if they have to dance around NDAs and ASX requirements.
JK200SX
Regular
Don't worry folks, be happy........ its the whole market not just BRN. Here are 2 of my watchlists.... don't sweat.
Fact Finder
Top 20
That cannot be right because and intelligent investor told us it had been four months since any announcement. Surely an intelligent investor could not be so wrong a second time he posts here? Then again maybe he is just opposed to letting the facts get in the way of his agenda.
My opinion only DYOR
FF
AKIDA BALLISTA
D
Deleted member 118
Guest
Chip giant Arm set to axe 15% of its staff after deal fails
The UK technology firm could cut hundreds of jobs after its $40bn sale to US chipmaker Nvidia failed.
www.bbc.com
HopalongPetrovski
I'm Spartacus!
I'm not interested in sugar hits.
Ok, so we get a bounce for a few days, and then without more of the same we drift down again.
Great for traders I suppose.
Saw this behaviour at SOR...... There must be a name for this.....saw....sor...
Then, it requires continual fluff announcements to keep pumping between "real" announcements, all the while becoming somewhat of a joke in the investment community.
Would much rather our companies present tack, so that when we do release "real" news, the market, salivating profusely, gobbles up everything it can get.
The market is so primed that even a mention of us in a concept car by a world renowned co like Merc, shoots us to outrageous heights.
Imagine the rerate we will get when we announce a Samsung or an LG, followed up by another from a Ford or Nasa or a deal with Nanose.
I'm glad the Company is keeping it real.
It goes a long way towards inspiring and reinforcing confidence and showing big players that we are a serious Company with a solid foundation and ready to mix it with the big boys.
As much as it is uncomfortable at the moment, think this sets us up much better in the longer term.
GLTAH.....just my opinion.
Ok, so we get a bounce for a few days, and then without more of the same we drift down again.
Great for traders I suppose.
Saw this behaviour at SOR......
There must be a name for this.....saw....sor...Then, it requires continual fluff announcements to keep pumping between "real" announcements, all the while becoming somewhat of a joke in the investment community.
Would much rather our companies present tack, so that when we do release "real" news, the market, salivating profusely, gobbles up everything it can get.
The market is so primed that even a mention of us in a concept car by a world renowned co like Merc, shoots us to outrageous heights.
Imagine the rerate we will get when we announce a Samsung or an LG, followed up by another from a Ford or Nasa or a deal with Nanose.
I'm glad the Company is keeping it real.
It goes a long way towards inspiring and reinforcing confidence and showing big players that we are a serious Company with a solid foundation and ready to mix it with the big boys.
As much as it is uncomfortable at the moment, think this sets us up much better in the longer term.
GLTAH.....just my opinion.
Yes, exactly!
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