BRN Discussion Ongoing

[7für7]

BRN may not have generated much revenue yet but at this stage with world best tech they are very definitely DEBT fee.

Listen folks…….here is the deaaaal!

Just kidding!
I am also, let's say satisfied but not entirely pleased, with the progress they are making by not simply giving up. They have listened to their customers and improved their product. This is not something you see every day in today's world. It shows the team's dedication. However, I wonder (and I mean this absolutely not negatively but purely out of curiosity as a dry investor), why should another company spend millions on licenses when they can access the product through non-binding partnerships? I know there are additional services depending on the package, etc. And perhaps, as a partner, you can't push your products into the market right away. But I have this underlying thought that partners are buying time to see what the competition offers. Or am I mistaken in my thinking?

 

[Pmel]

Sp is f$#$# . Who is doing it . Hmmmm

 

[Damo4]

Another tweet about it

 

[LexLuther77]

starting to hurt...

 

[mcm]

How is it BRN hasn't been able to attract some big US investors to buy shares given they are now equivalent to a lousy dime in USD? It surprises me that some of our partners aren't buying up BRN shares. They more than most would know what Akida is worth.

 

[DK6161]

Reading about EDGX but then seeing that I am so deep in the red is soo depressing.
Glad it is Friday. Have a great weekend everyone!

 

[legendzaz]

It looks like stop loss being triggered at this point.

 

[Tezza]

Surely the sp has to start worrying management soon. If no revenue announced this month, where to for sp?10 11 cents. This has to be of concern. Please don't reply with the whole market is down, I have green and red on my books and nothing diving like my favourite Brn

 

[Cgc516]

Save our time to argue, I am telling the truth of this company even no one like to hear it. Because everybody( including shorters ) knew this company does not care the SP , maybe one day our CEO will wake up , when the SP as you said CLOSER TO ZERO.

That statement is a way too broad brush for me and also it is not true.

Following the logic implied all new lows will be followed by another new low (the fall necessarily continues) which would inexorably lead to zero.

You might reconsider such nonsense.

 

[Jchandel]

Picked up another 10k shares with this new low.. will find out in 18-24 months on the value they deliver

 

[manny100]

Take the words and any bias away from what we know as MOU’s.

Look at the logistics of what a MOU requires. Generally a period of time prior to even the consideration of a MOU where company people talk share thoughts and possibly do a show and tell. They then may sign a NDA to have a hold/play with said product. After that if there is then something further past this the companies may say let’s may this a bit more flexible and expandable so let do a MOU. This is drawn up by both sides and sent to legal and depending on where you are and your delegated responsibilities sent to executive/CEO/Board for endorsement.

So to me it way more than a cold call or casual engagement and shows that both companies generally are trying to get a quid pro quo arrangement from it ( in a vast majority that I have been privy to).

So maybe I am a half glass full guy or maybe a MOU shows genuine first, second and third steps towards a gentle run then sprint.

If an MOU is signed off by both parties BRN should ann it via the ASX.
Even though it's not binding its material in that it is a step or 2 above speculation. It verifies serious intent.
ASX listed companies ann non binding MOUs all the time.

 

[charles2]

Save our time to argue, I am telling the truth of this company even no one like to hear it. Because everybody( including shorters ) knew this company does not care the SP , maybe one day our CEO will wake up , when the SP as you said CLOSER TO ZERO.

You tendency is to make a lot of wild ass unsubstantiated statements .....let's call them darts.

Perhaps someday you will hit a dartboard.

Knowing so much tell us how much have you earned shorting BRN.

 

[Iseki]

How is it BRN hasn't been able to attract some big US investors to buy shares given they are now equivalent to a lousy dime in USD? It surprises me that some of our partners aren't buying up BRN shares. They more than most would know what Akida is worth.

I believe that some work we have asked for (maybe Akd 1500 ?) has been paid for in BRN stock. These guys probably not happy.

 

[Iseki]

If an MOU is signed off by both parties BRN should ann it via the ASX.
Even though it's not binding its material in that it is a step or 2 above speculation. It verifies serious intent.
ASX listed companies ann non binding MOUs all the time.

I believe it depends on whether each side can say what the $ value is that they will be providing in the MOU.

 

[Cartagena]

I reckon email Tony Dawe (Rob whilst he's on vacation) and let him know the money you invested is more than you are comfortable losing (that's his fault) so he can release an announcement for us. It's about time he did us a solid and announced something so our investment goes up.

Edit: that was probably a bit nasty, I was tired this morning, sorry.

Hope you're being serious as this share price is completely being demolished, its really causing pocket pain for people who are holding. And yes, management can do something to curb this falling price... CLEAR message to them all..... get the contracts sealed and delivered. No two ways about it

 

[Schnitzel lover]

If an MOU is signed off by both parties BRN should ann it via the ASX.
Even though it's not binding its material in that it is a step or 2 above speculation. It verifies serious intent.
ASX listed companies ann non binding MOUs all the time.

That's fairly common and I agree with you there. MOU's are always announced on the ASX. Maybe this is something to clarify with our holiday-goer TD, on why BRN is not announcing this even though their customer has announced it.

 

[Damo4]

I worry about some of you guys.
You seem to expect every morsel of good news (so far everything was already known pre-announcement) to push the SP to the moon.

What's going to happen if they announce a new IP contract and the price barely goes up, or worse, goes down?
Are you going to rage quit or finally understand company performance isn't directly correlated to SP at the moment?

Stop listening to the rhetoric from MF and others here and think for yourself.
If you can't sell for whatever reason then accept what you have.

 

[Cgc516]

I bought in from 7c, haven’t sold any. Average around 80c.
Please save your dirts.
I am not the target you need to attack.

You tendency is to make a lot of wild ass unsubstantiated statements .....let's call them darts.

Perhaps someday you will hit a dartboard.

Knowing so much tell us how much have you earned shorting BRN.

 

[Xray1]

Surely the sp has to start worrying management soon. If no revenue announced this month, where to for sp?10 11 cents. This has to be of concern. Please don't reply with the whole market is down, I have green and red on my books and nothing diving like my favourite Brn

Like you, I am also gravely concerned that if this 4C shows little or no revenue then where will the S/P end up at .... I do hope however that there will be at least a slight increase of revenue from the last 4C.......... Please note that from the last 4C we had Cash inflow from customers in that current quarter of $0.83M was higher than the prior quarter (US$0.04M).

 

[HopalongPetrovski]

Listen folks…….here is the deaaaal!

View attachment 46426

Just kidding!
I am also, let's say satisfied but not entirely pleased, with the progress they are making by not simply giving up. They have listened to their customers and improved their product. This is not something you see every day in today's world. It shows the team's dedication. However, I wonder (and I mean this absolutely not negatively but purely out of curiosity as a dry investor), why should another company spend millions on licenses when they can access the product through non-binding partnerships? I know there are additional services depending on the package, etc. And perhaps, as a partner, you can't push your products into the market right away. But I have this underlying thought that partners are buying time to see what the competition offers. Or am I mistaken in my thinking?

I don't think BrainChip will be just giving away free use of the product to anyone who wants it.
But certain applications, such as space, come with profile raising potential that is attention grabbing by its very nature.
It also goes very nicely with proof of concept and leading edge capabilities.
All this eventually leads to wider adoption and dollars.
Remember Teflon, Tang and a myriad other billion dollar commercial products became worldwide known brands through flying in space.
To cannibal/paraphrase a line from a favourite movie....."No bucks without Buck Rogers......"
Also think PVDM has a sweet spot for space and would love rubbing shoulders with those guys and gals.