Yeah, I think we were suddenly promoted to the premier league, but hadnt quite got our club in order... plus it became clear that our timeline to revenue was taking longer than previously anticipated. Also with the NDA's in place, there was little chance of a surprise / positive announcement. I think it was a no brainer for the shorters. Certainly, I didn't piece it all together. But this is the market. It's just money moving around based on sentiment and timing.
I believe in the product, the company and that significant revenue is coming.
I'm certainly in the red at the moment. But that comes down to my inexperience (15 years only) with investing. But I'm not selling. Fortunately I have several more years to wait for this to mature.
But, I do have a fairly good grasp on the technology, how it works, what it achieves and the many many use cases for it. This is not a piece of consumer tech that sells off the shelf by itself... it needs to be combined within an ecosystem of components. Akida is just a small but powerful part of a chain of components. But it's purposely made that way, to be ubiquitous and technologically agnostic.
BRN operates as an IP, business to business model... which is far more complex and likely to be very choppy at the beginning of a new technology life cycle in a new sub industry.
The tech is, in my opinion, going to be deployed in such a vast array of other technologies, in the future. How long before we know its being used? I don't think we will ever know. I'm sure most of us don't know what various companies produced the different components in your smart phone.
Incredibly complex and new tech takes considerable time to evaluate and test. Especially if it is incoperated in a product or service that has real world impacts for the individuals consuming it. For example, let's say akida is incorporated into a sensor that measures vibration as an early detection of wear and tear on a machine. This could have a considerable outcome on the users of that machine for safety and productivity. First the sensor has to be engineered and develop for the use case, the other components around the akida tech are added, and then tested in the real world. The machine might have a maintenance cycle of months to years.... so at least some of that time period will have to be tested in all sorts of different conditions, either in labs or in parallel with existing solutions already in place. And that's a pretty simple use case. Consider an automotive sensor? It has significant, life threatening implications, if it is not tested extensively. This is a technology that is literally involved in life and death decisions.
So why the delay in revenue? I think companies like mercades are rare, they are looking to get in on the ground with this tech and develop in house solutions. I think we will see ford do the same (hopefully with us) and maybe a few more innovative companies. But most other companies would be more than happy to let one of our licensees develop and test the broader solutions that akida can offer first and then do some minor tailoring to their needs closer to the final maturation of the tech. I think this is where the delay has been. I think the majority of our revenue will come from these bigger specialists in edge AI solutions. We just don't have the staff or resources at the moment to offer this service ourselves.
Eitherway, the tech is the real deal. It's going to be used, we have the patents on it... it's going to take time, but once revenue shows up, it will snow ball.
Just my opinion, do your own research.
I believe in the product, the company and that significant revenue is coming.
I'm certainly in the red at the moment. But that comes down to my inexperience (15 years only) with investing. But I'm not selling. Fortunately I have several more years to wait for this to mature.
But, I do have a fairly good grasp on the technology, how it works, what it achieves and the many many use cases for it. This is not a piece of consumer tech that sells off the shelf by itself... it needs to be combined within an ecosystem of components. Akida is just a small but powerful part of a chain of components. But it's purposely made that way, to be ubiquitous and technologically agnostic.
BRN operates as an IP, business to business model... which is far more complex and likely to be very choppy at the beginning of a new technology life cycle in a new sub industry.
The tech is, in my opinion, going to be deployed in such a vast array of other technologies, in the future. How long before we know its being used? I don't think we will ever know. I'm sure most of us don't know what various companies produced the different components in your smart phone.
Incredibly complex and new tech takes considerable time to evaluate and test. Especially if it is incoperated in a product or service that has real world impacts for the individuals consuming it. For example, let's say akida is incorporated into a sensor that measures vibration as an early detection of wear and tear on a machine. This could have a considerable outcome on the users of that machine for safety and productivity. First the sensor has to be engineered and develop for the use case, the other components around the akida tech are added, and then tested in the real world. The machine might have a maintenance cycle of months to years.... so at least some of that time period will have to be tested in all sorts of different conditions, either in labs or in parallel with existing solutions already in place. And that's a pretty simple use case. Consider an automotive sensor? It has significant, life threatening implications, if it is not tested extensively. This is a technology that is literally involved in life and death decisions.
So why the delay in revenue? I think companies like mercades are rare, they are looking to get in on the ground with this tech and develop in house solutions. I think we will see ford do the same (hopefully with us) and maybe a few more innovative companies. But most other companies would be more than happy to let one of our licensees develop and test the broader solutions that akida can offer first and then do some minor tailoring to their needs closer to the final maturation of the tech. I think this is where the delay has been. I think the majority of our revenue will come from these bigger specialists in edge AI solutions. We just don't have the staff or resources at the moment to offer this service ourselves.
Eitherway, the tech is the real deal. It's going to be used, we have the patents on it... it's going to take time, but once revenue shows up, it will snow ball.
Just my opinion, do your own research.