BRN Discussion Ongoing

[Iseki]

They have at least another 4-5 qtrs. Sean said post-2022 AGM that all options are open for 'further funding' They have 22mill roughly and another 2-3mill to draw down from the LDA deal in 2023.

So hopefully management are thinking along the lines of who, of the 100 staff, aren't working out.
from the last half yearly:

The Group made a net loss after income tax for the half-year ended 30 June 2023 of $17,146,781 (30 June 2022: $8,255,802).
and
At the end of the half-year the Group had consolidated net assets of $23,194,139 (31 December 2022: $23,718,406), including cash and cash equivalents of $21,824,785

So it doesn't look so sustainable. Anyone not working on a contract that is immanent in the next 3 months is clearly not working out.

 

[7für7]

What an absolute load of garbage post.
All of it !!
Especially these pearls
1st line
“ I didn't claim that BrainChip would give away its product for free.” ......................................
Last line
“ What if PVDM is such a space enthusiast that he provides the product for free to expedite humanity's access to space? DADADADAAAAAAAAA 🫨 “

Seriously.

It seems that some people here can't get by without insults. It's not my job to explain the term irony to you or teach you a certain sense of humor. I haven't insulted anyone so far, so let it be. Ignore me if my posts don't suit you. By the way, your response says even less than the questions I ask! Thank you.

 

[Damo4]

It seems that some people here can't get by without insults. It's not my job to explain the term irony to you or teach you a certain sense of humor. I haven't insulted anyone so far, so let it be. Ignore me if my posts don't suit you. By the way, your response says even less than the questions I ask! Thank you.

 

[Xray1]

You really don't understand MOUs. Google is your friend - https://www.kmblegal.com.au/what-is-a-memorandum-of-understanding#:~:text=An MOU itself is generally,confidentiality or non-compete agreements.

"Is a MOU an enforceable contract?
An MOU itself is generally not a legally binding contract, but it can be used as evidence of an agreement between two or more parties. An MOU may also include provisions that are legally binding, such as provisions related to confidentiality or non-compete agreements. Generally, a MOU will be less formal than a contract and may be easier to negotiate and execute."

Do you not understand the legal meaning or implications of the words "Binding or Non-Binding" it is quite obvious that you are only just concentrating on the actual meaning / dictionary outline of an MOU agreement generally .... having the word binding or non binding term placed before an MOU agreement put's things wholly into a totally different ball game both legally and non legally with totally different legal enforcement outcomes

 

[mrgds]

I like many others am kicking myself for not waiting to top up.....I expect the next few days of trading to show shorts reducing further, this is as at 29/9.........Nearly there folks.....

View attachment 46439

Good to hear from you @mc,
............... hoping ur well, but more importantly im hoping ur taste in cars has improved.................

 

[Iseki]

What an absolute load of garbage post.
All of it !!
Especially these pearls
1st line
“ I didn't claim that BrainChip would give away its product for free.” ......................................
Last line
“ What if PVDM is such a space enthusiast that he provides the product for free to expedite humanity's access to space? DADADADAAAAAAAAA 🫨 “

Seriously.

Come on @Kozikan, please play nice, and focus. We're all in the same boat.
I think we need 100 emails to TD begging for CEO to present a financial plan going forward.

 

[skutza]

This is one sexy chart if you turn your screen upside down.

 

[Xray1]

They have at least another 4-5 qtrs. Sean said post-2022 AGM that all options are open for 'further funding' They have 22mill roughly and another 2-3mill to draw down from the LDA deal in 2023.

FYI .... This was taken from the last 4C:

8.5 Estimated quarters of funding available (item 8.4 divided by item 8.1): 5

 

[Iseki]

I like many others am kicking myself for not waiting to top up.....I expect the next few days of trading to show shorts reducing further, this is as at 29/9.........Nearly there folks.....

View attachment 46439

your expectorations have never been far off the mark before...

 

[miaeffect]

View attachment 46443

This is one sexy chart if you turn your screen upside down.

Yeah...

 

[Iseki]

FYI .... This was taken from the last 4C:

8.5 Estimated quarters of funding available (item 8.4 divided by item 8.1): 5

yes. Good.

 

[skutza]

View attachment 46445
Yeah...

LOL. Read it right to left like the Japanese then!!!

 

[Kozikan]

It seems that some people here can't get by without insults. It's not my job to explain the term irony to you or teach you a certain sense of humor. I haven't insulted anyone so far, so let it be. Ignore me if my posts don't suit you. By the way, your response says even less than the questions I ask! Thank you.

1st: Lets be Clear. It wasn’t an insult on you, it was specifically directed to your post.

2nd: Why would a partnership revenue model change just because of a non binding MOU. Isn’t the contract part essential ?
3rd: Your humour in txt didn’t translate for me on my first read. So my apologies if that was the case.

Irony

 

[davidfitz]

I wasn’t going to post the following but as the current price is hurting us all the following may help ease some of the pain

The other day I was directed to this site by someone in the company who said if you read all the recent press releases it will all make sense and that they are very active on many fronts. For me this statement makes sense.

Press Releases - BrainChip

Whilst most of these do not come out in the form of an ASX announcement another person stated the following which also makes sense.

“We can’t just invent good news out of thin air to stop the share price decline. That would be entirely illegal."

"We will communicate when we have something material to say. We communicate across multiple platforms so it’s possible you may have missed things if you only watch ASX.”

As many have already posted the ASX only responds to $$$$$.

“The real issue is that we aren’t posting announcements that signal a commercial pathway to revenues and profits, and that is what’s driving down investor sentiment, not a lack of communication.”

 

[M_C]

Thanks for the acknowledgement @Iseki

Always knew you were a fan

 

[Worker122]

View attachment 46445
Yeah...

And back to front

 

[Bravo]

I really need to buy more at this ridiculous price! Can anyone lend me a quid or two or I'll have to start an OnlyFans account!

 

[Damo4]

This is what I have been thinking, at this price of 15cents why haven't companies jumping in at this prices and started to buying?
You would think at these prices that Companies would jump in and start buying before everybody else does, something is not
adding up. And please don't tell me they are all waiting for Revenue. The market works on what's going to happen in the Future,
not the Present. With all these companies that BRN is in with and nearly everybody now knows who BRN is and what Akida can do, and
yet the price just keeps going down. It just does not add up. The big Fund Managers and other know something that us mum's and
dad's holders don't.

I forget who to credit here (@mkm109 maybe?), but this is updated and posted fairly often

 

[Nobbie1992]

My order at 0.15 is filled. happy and sad at the same time.

 

[Esq.111]

Fuck me.

Eloquently put.

Esq.