BRN Discussion Ongoing

Getupthere

Regular
What on earth are you talking about lol. Do you even understand what you are saying?
Everyone was laughing at the shorters when they were loading up late year.

Everyone was saying that they will get burnt, they kept on shorting more.

Who in their right mind would be shorting so aggressively after the Mercedes Benz announcement.

Are you telling me that the shorters
Had the same information as us share holders?

Head in the sand.
 
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wilzy123

Founding Member
Everyone was laughing at the shorters when they were loading up late year.

Everyone was saying that they will get burnt, they kept on shorting more.

Who in their right mind would be shorting so aggressively after the Mercedes Benz announcement.

Are you telling me that the shorters
Had the same information as us share holders?

Head in the sand.

Are you putting words in my mouth to make the garbage you are posting sound better in your own eyes?

Who are you kidding?

Give it a rest champ 🏆 😴 🤡🤡🤡🤡🤡🤡

Great post!!!!!!!
 
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Diogenese

Top 20
Well, I have to say I’m pretty bl@@dy disappointed with the way we are progressing. Lots of positive chatter on these threads but the reality is we are sub 35 cents and will likely continue to fall. Imo the next 4c will be another disaster so sub 20 cents before September is a possibility imo. I hate to think where we could be in 12 months… 🫣

Come on Sean…prove me wrong!

Anyway, now I got that off my chest, have a great weekend all! 🍻
Glad you're inside the tent, Lex, but the tent flap is behind you.
 
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alwaysgreen

Top 20
I don’t think anyone can state that given that sits with the success of the customers product. Way to many variables here.
You've changed lol

The figures don't exist that's why you can't or won't provide them. You're full of it. Toodle-oo Mr Alwaysvictim

Go to 12 minutes. 3-5 x the license cost in revenue generation. Maybe you should do some more research in the companies you invest in rather than blindly listening your mates.

How much have been paid so far for licenses? So the licenses so far will only generate, 3-5 times the amount we have received to date. Ill let you do the work on this one mate.



There you go, I did your job for you Toodle-ooooooooo.
 
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alwaysgreen

Top 20
The figures don't exist that's why you can't or won't provide them. You're full of it. Toodle-oo Mr Alwaysvictim

Maybe you should work out how many licenses we need to sell to reach the numbers you've touted in the past.... I dare say its a lot more than 100's. Toodle-oooooo



1687515823212.png
 
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D

Deleted member 118

Guest
Everyone was laughing at the shorters when they were loading up late year.

Everyone was saying that they will get burnt, they kept on shorting more.

Who in their right mind would be shorting so aggressively after the Mercedes Benz announcement.

Are you telling me that the shorters
Had the same information as us share holders?

Head in the sand.
The shorters have been doing similar for a long time, so I guess they are right and especially with BRN
 
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LMAO...

You waddle in to push your usual narrative then frame it as something that you needed to get off your chest.

Ok.

GREAT POST!!!!!!! 👍 👌 👍 😎🐔🤡🤡🤡🤡
Why the laughter?
We know that we won't receive any meaningful revenue for a year or so. Cash burn is excessive, so a capital raise doesn't seem that far off, and I wouldn't be surprised if we eventually arrive at zones below 10 cts.
First revenue was supposed to come somewhere in 2022 now it's supposed to be late 2024, probably 2025
 
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alwaysgreen

Top 20
Where is the official asx statement? The company has never released forecasts on revenue or IP agreements and they were very clear at the AGM as to why they don't.

So we shouldn't listen to the CEO? I've heard it all now.

I give you the information you question and you are still in denial! 😂😂
 
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Getupthere

Regular
The shorters have been doing similar for a long time, so I guess they are right and especially with BRN
Yeah…yeah….yeah.

You think they buy over 100 million shorts on a 50/50 bet?

Especially after what the share price did after Mercedes announcement.

Head in the sand 😂
Wake up to the real world.
 
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robsmark

Regular
You've changed lol



Go to 12 minutes. 3-5 x the license cost in revenue generation. Maybe you should do some more research in the companies you invest in rather than blindly listening your mates.

How much have been paid so far for licenses? So the licenses so far will only generate, 3-5 times the amount we have received to date. Ill let you do the work on this one mate.



There you go, I did your job for you Toodle-dumb.

I get your frustration mate, I really do.
 
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D

Deleted member 118

Guest
Yeah…yeah….yeah.

You think they buy over 100 million shorts on a 50/50 bet?

Especially after what the share price did after Mercedes announcement.

Head in sand 😂
Wake up to the real world.
 
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alwaysgreen

Top 20
Go back through my comments Mr Alwaysvictim and you'll see I asked several times for the figures published by the company you have failed to provide them.

This was your exact comment:

"Show me the figures that were provided by the company to back up your claim. It's not my job to back up your statement"

"provided" was your exact wording, not "published". Is Sean not part of our company?? He's only the CEO! 😂

Keep going with the name calling though. It's quite endearing.
 
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IloveLamp

Top 20
Please explain how you come to that conclusion? My post regarding revenue is based on comments from management. Please tell me how we will hit $600 million revenue from the companies we are involved with?
Yeah nah. DYOR
 
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Harwig

Regular
I miss the reasoned and informative posts of some people who will remain nameless. I hope they and their families are well.
Just saying...
 
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Frangipani

Top 20
And what happened to the TSE member HE Pennypacker?
I haven’t got a clue.
I wish I could say the penny suddenly dropped, but it hasn’t.

What is weird is that I cannot find his/her account with the help of the “search by member” function, but nevertheless it still exists - just type the poster’s name into the regular search engine and open one of the other forum members’ replies to one of his/her posts. There you go, the last post was eight months ago, but he/she was last seen on TSE earlier today. A lifelong ban would have resulted in the deletion of the account, I guess, so I can only conjecture @HE Pennypacker is currently on probation because of too many moderated posts or even temporarily banned? Possibly busy packing pennies? 🤔 Hopefully for a giant sock, that will soon knock down the likes of Todd Gack. 💰

Honestly, I have no idea, and I am not even sure whether it was a genuine question of yours or simply wordplay around pennies, pennystock etc.
Maybe @HE Pennypacker himself/herself can clear up the mystery for us?

But since you, of all people, were asking - I’ve got a similar question for you as well, that has had me scratching my head for the past couple of days:

An account that really seems to have vanished into thin air is that of Blind Freddie - a fact I happened to find out about when I was searching for an old post of his the other day; conducting a stool analysis, so to say.
All that is left of him are references and the odd replies to him by other posters, thanks to which you can still partly read what he had originally written (presumably typed in Braille), despite his account having been deleted. He even took his cane with him, it seems.

My first thought was that Seeing Freddie must have deleted his alter ego’s account after watching what had happened to another poster with two accounts, albeit the way I see it, that was a different matter altogether, as in Freddie’s case it was an open secret, whereas he-who-shall-not-be-named was both Dr Jekyll and Mr Hyde, and excessive downramping became his downfall, it seems.

Since Eagle Eye Freddie’s account is still active, I figured he can’t possibly have been banned permanently, although his behaviour continues to puzzle me. Why the abrupt silence without waving goodbye, unlike past farewells? Why take the detour of other posters’ channels (or so they say) rather than posting himself? After all, he frequently seems to be “engaged in conversation” with others? (Not with me, though, as I’ve stated before.) One possible explanation would be a temporary ban for some reason. But why? And how long is temporary? The question is, would you still be able to exchange private messages over TSE once you are banned, even if only temporarily? If not, then we can eliminate that explanation, as he is obviously doing just that. Of course there are those mostly silent readers that either have never posted anything at all or not much or are no longer doing so for various reasons. But my gut feeling is there is more to it. Reminds me of that kangaroo jigsaw FF was doing with his little grandson shortly before he disappeared from view. I am missing that critical puzzle piece here…

But back to our visually impaired friend. When I accidentally hovered over the @Blind Freddie username, something strange happened - try it for yourself. Just type in @Blind Freddie into the TSE search engine, pick any post that tags this username and be in for a big surprise 😯🤔

Would you kindly give us an explanation for this reveal? Or is this a technical glitch? While I am unsure at what point in time Blind Freddie’s account ceased to exist, in theory, both accounts must have co-existed for quite some time, as you appear to have joined TSE in April 2022.

What puzzles me, though, is why you are labelled a “regular“ rather than an “emerged“ member, even though you’ve only posted a total of four times so far? 🧐 Correct me if I am wrong, but IMO this would only make sense if there had indeed been a name change of the account, with previous posts under your old account name accounting for your present status as a “regular” member. I am aware of at least one other name change on TSE, but that poster never made a (confessional) secret out of it, plus the bridge builder’s older posts have not disappeared. If all roads led to Rome, I’d know where to look for Blind Freddie, as he could have blindly taken any of them to reach the same destination, but they don’t.

Curiouser and curiouser…

So @Richie Rich, pray tell us, who are you and what have you done with poor Blind Freddie? 😂


921BF675-A03E-4424-8535-EB175619E8E0.jpeg
 
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GazDix

Regular
Good on those for venting frustrations. I think we all feel frustrated and this forum should be a safe place to do so.

I felt this earlier but have come to be a little apathetic which is not a bad place to be. I lived in China for many years earlier and the Chinese language helped me I guess in my investing journey when I learned 'Wei Ji' translates to crisis. But it is one character Wei that means crisis. So what does Ji mean? Opportunity. I asked my teacher why are they together? Simply because whenever there is a crisis, it also presents an opportunity.
Cool the language requires those two characters together for the meaning, there are also other compund characters that are cool. Sorry, I digress.

I was lucky enough to buy more yesterday. The last time we were 33/34 cents was in December 2020 which is completely ridiculous after all the progress we made. OK, last year was simply in the harshest way - a write off, or in a positive way - a critical learning experience that AKD1000 needs to be simplified to meet customers demands.

The tech has been validated over and over. 2 IP contracts with Renesas and Megachips who are behemoths in tech-savvy Japan should solidify a share price of above 50 cents at least with no revenue (right now and expecting) even for the biggest sceptic.

But retail hold loads of shares (held?) Tax time soon (last year was bad as well for Brainchip during this period). A 6X to meet all time highs too in which many bought during the hype. The RSI is ridiculously oversold. Remember most of the the retail holders just look at price. No research themselves. Their financial advisors are telling them to sell this dog of a stock. Write it off.

Right now, with all the cash runway and potential to be had, the company is not in a crisis. But is the share price? Yes.



 
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Cyw

Regular
A bit of a trival, the word 机 has another meaning, "probability". Many people have misundertood it and came up with the thought risk/opportunity or risk/reward. Howver, the correct interprtation of 危机 should be the probability of danger, which is what we call risk.
 
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Damo4

Regular
Wow that was a great few pages to read after dinner.
Hope everyone feels better. Just thought id post a couple of my thoughts as a few misconceptions were thrown around. Also I'd like to finish with our Forward Looking Statement that I'm sure you've all read ad nauseum.

Myth 1: Akida 1 was a failure
Only version of Akida to generate revenue
Only version of Akida being taped out by IP licensees
Only version of Akida linked to NASA, Valeo, Nviso, Prophesee, Mercedes, et al

Myth 2: No revenue last year
Easy debunk, check the financials for > 0 dollars

Myth 3: Management made promises of specific figures or timelines
See below forward looking Statement, and consider interpretation of messages from management PRIOR to the headwinds experienced

Myth 4: Brainchip owes any kind of return on investment to any of us, within a specified timeframe.
We all have different position sizes and avg holding values
We all had free will and were warned as per below FLS.
We all chose to invest in a volatile and very, very new technology.
We all have a different time horizon for when we anticipate returns.

Myth 5: Shorters are to blame
The market contains many participants.
The Shorters are likely instos who could care less about the company and rely on numerical values and charting.
Like it or not our TA looked shocking, got better briefly and now looks shocking again.
Until we have significant positive news, there's no reason for the instos to swim against the tide, we need positive news or a change in TA conditions to see a turn in our SP for good.

Myth 6: Brainchips performance is tied to it's shareprice
See above, we are now closing in on prices that predate Mercedes, and are closing into our rerate after NASA.
This is Nov 2020 levels.
At that time, we had a fraction of the partnerships, no licensees, no Akida 1.5, no Akida 2.0, no global recognition, a fraction of the news and media releases and no NDA bending tweets.

A follow up question on myth 6, is the market incorrectly pricing BRN as of Nov 2020, or is the market incorrectly pricing Brainchip as of today?

Edit: Bonus comment, Sean said 7 figures not 1m.
This means between 1m and 9.99m.
At the quoted 3-5 multiple, we are looking at anywhere between $3m and $49m on top of the initial fee.
Just something to think about when expecting 100+ licenses a week (my favourite comment from the whole night)

Forward looking statements​

This announcement contains forward-looking statements, which address a variety of subjects including, for example product development, marketing position and technical advances. Statements that are not historical facts, including statements about our beliefs, plans and expectations, are forward-looking statements. Such statements are based on our current expectations and information currently available to management and are subject to a number of factors and uncertainties, which could cause actual results to differ materially from those described in the forward-looking statements. The Company's management believes that these forward looking statements are reasonable as and when made. However, you should not place undue reliance on any such forward-looking statements because such statements speak only as of the date when made. We do not undertake any obligation to publicly update or revise any forward looking statements, whether as a result of new information, future events or otherwise, except as required by law or the ASX Listing Rules. In addition, forward-looking statements are subject to certain risks and uncertainties that could cause actual results, events, and developments to differ materially from our historical experience and our present expectations.
 
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IloveLamp

Top 20
Wow that was a great few pages to read after dinner.
Hope everyone feels better. Just thought id post a couple of my thoughts as a few misconceptions were thrown around. Also I'd like to finish with our Forward Looking Statement that I'm sure you've all read ad nauseum.

Myth 1: Akida 1 was a failure
Only version of Akida to generate revenue
Only version of Akida being taped out by IP licensees
Only version of Akida linked to NASA, Valeo, Nviso, Prophesee, Mercedes, et al

Myth 2: No revenue last year
Easy debunk, check the financials for > 0 dollars

Myth 3: Management made promises of specific figures or timelines
See below forward looking Statement, and consider interpretation of messages from management PRIOR to the headwinds experienced

Myth 4: Brainchip owes any kind of return on investment to any of us, within a specified timeframe.
We all have different position sizes and avg holding values
We all had free will and were warned as per below FLS.
We all chose to invest in a volatile and very, very new technology.
We all have a different time horizon for when we anticipate returns.

Myth 5: Shorters are to blame
The market contains many participants.
The Shorters are likely instos who could care less about the company and rely on numerical values and charting.
Like it or not our TA looked shocking, got better hreifly and now looks shocking again.
Until we have significant positive news, there's no reason for the instos to swim against the tide, we need positive news or a change in TA conditions to see a turn in our SP for good.

Myth 6: Brainchips performance is tied to it's shareprice
See above, we are now closing in on prices that predate Mercedes, and are closing into our rerate after NASA.
This is Nov 2020 levels.
At that time, we had a fraction of the partnerships, no licensees, no Akida 1.5, no Akida 2.0, no global recognition, a fraction of the news and media releases and no NDA bending tweets.

A follow up question on myth 6, is the market incorrectly pricing BRN as of Nov 2020, or is the market incorrectly pricing Brainchip as of today?


Forward looking statements​

This announcement contains forward-looking statements, which address a variety of subjects including, for example product development, marketing position and technical advances. Statements that are not historical facts, including statements about our beliefs, plans and expectations, are forward-looking statements. Such statements are based on our current expectations and information currently available to management and are subject to a number of factors and uncertainties, which could cause actual results to differ materially from those described in the forward-looking statements. The Company's management believes that these forwardlooking statements are reasonable as and when made. However, you should not place undue reliance on any such forward-looking statements because such statements speak only as of the date when made. We do not undertake any obligation to publicly update or revise any forwardlooking statements, whether as a result of new information, future events or otherwise, except as required by law or the ASX Listing Rules. In addition, forward-looking statements are subject to certain risks and uncertainties that could cause actual results, events, and developments to differ materially from our historical experience and our present expectations.
Great post
 
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projection

Member
Like others here, the price today was just irresistible. Added to the super, childrens and personal portfolio with a nice dusting of brain gravy.
Many thanks to the regular contributors of quality posts and balanced viewpoints.

A side note, I cannot recall who, but a particular member regularly refers to brn as 'brianchip' and it gives me a good chuckle each time, and a throwback to life of brian. Cheers
 
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