BRN Discussion Ongoing

[Papacass]

I’m generally an optimist. I’m still confident that Akida technology will be taken up by semi conductor manufacturers and sensor producers to work its magic at the far edge. Compute is moving towards the edge, I get that, we are in the right place at the right time. But…. and this is really the first negative thing I’ve had to say about BrainChip Inc…. I’m really beginning to think that the company leadership leaves something to be desired. Our stockholder base is mainly retail. Geez, retail has supported this company since inception. From what I gather institutions want us out. I’m told our share price is being manipulated down to scare retail out and make sure the fat cats get our shares. Is this true? Who knows? What I do know is that Sean Hehir is quiet as a church mouse. He’s on great coin and in my opinion is totally unimpressive as a leader. We are all hurting… say something. Now before I get smashed for this post I acknowledge the partnerships, MOUs, EAPs, AKD2000, Renesas, Megachips all of it but how about a little Churchillian shit from the boss while we’re stuck on Dunkirk. Let’s get some morale going. Earn your money. Cheers. Onward.

 

[7für7]

Hope we will have an unexpected announcement . The shorters sweat will get an enormous tsunami which will wash our pain immediately away!

 

[genyl]

Ask yourself this question. Why would the shareprice tank now with the akida 2.0 being out? Customers should be announced like hot bread now. I was a big Brainchip believer and have been invested since 2020 but these times are telling me the customers still don't apply our chip to their business enough for us to make solid revenue. Im not completely out of hope but they better announce customers real soon or it will be game over. Forget waiting 1-3 years from now. Now is the time. The tech will sell now if it so good and not in 1-3 years. GLTA

 

[KKFoo]

I used to think that too, but I’m not so sure anymore.

I don’t think funds have the patience to learn to understand companies anymore, so that future potential is never identified. Instead they just all apply the same methodology on a company by pumping it, then shorting it hard in an effort to remove as much money from retail as physically possible. They all do this and it becomes a self fulfilling prophecy. It’s lazy but it works.

Let retail plant the seed, then water it aggressively and apply light, as soon as it shoots, harvest it prematurely, ripping out the roots in the process.

Take BRN, all the potential in the world:

- huge future market reach;
- actual product;
- industry validation;
- and a share price lower than it was before they even had a product.

Funds have done this. They aggressively raised the price off the back of Mercedes, and have aggressively lowered us back down again. Using as many dirty tactics along the way as possible.

Markets are no longer a sophisticated investment mechanist to fund future industry. They’re a shit show full of manipulation aided by shorting.

Market fairness no longer exists.

Spot on, those market movers are really good, they can really move the price up and down as they wish, there are so many of us solid investors and yet we cannot do anything about it whereas a large group of small investors can turn the table in GameStop saga, I wonder why are we so weak compared to GameStop investors?

 

[KKFoo]

So I will do my part, continue to buy..

 

[Frank Zappa]

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

View attachment 46446

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.”

Great post . Thankyou . Fabulous to have you include yourself with us again . . We will all have a shoey when everything settles down .

 

[7für7]

Here is something for the Mercedes enthusiasts in this forum

 

[HopalongPetrovski]

I’m generally an optimist. I’m still confident that Akida technology will be taken up by semi conductor manufacturers and sensor producers to work its magic at the far edge. Compute is moving towards the edge, I get that, we are in the right place at the right time. But…. and this is really the first negative thing I’ve had to say about BrainChip Inc…. I’m really beginning to think that the company leadership leaves something to be desired. Our stockholder base is mainly retail. Geez, retail has supported this company since inception. From what I gather institutions want us out. I’m told our share price is being manipulated down to scare retail out and make sure the fat cats get our shares. Is this true? Who knows? What I do know is that Sean Hehir is quiet as a church mouse. He’s on great coin and in my opinion is totally unimpressive as a leader. We are all hurting… say something. Now before I get smashed for this post I acknowledge the partnerships, MOUs, EAPs, AKD2000, Renesas, Megachips all of it but how about a little Churchillian shit from the boss while we’re stuck on Dunkirk. Let’s get some morale going. Earn your money. Cheers. Onward.

Appreciate the sentiment but what exactly would you have him say?

Anything that's just fluff, even if it made us all feel good for five minutes would just be another kind of sugar hit.
And apart from providing fodder for negativ'eesters to further attack us with, would just weaken the Company's credibility further.

It's been tough going for a longish time now, and I doubt many of us would have predicted just how far our share price has fallen.
Hell, my whole portfolio has taken a horrendous bashing and if only I had known in advance just what would transpire I would have sold the lot and been sitting pretty waiting to buy back in with many multiples of my current holdings.

But, alas, I did not predict this current reality and so am reconciled to ride it out, husbanding whatever dry powder I still have left awaiting a clear signal the market and my long held picks are rebounding towards a new normality.

I just don't believe the world has entirely entered a final phase where everything I own will become worthless or can be held at a near zero value, regardless of its fundamental worth, forever.

The market, like other phenomena, is a creature of cycles.
And the longer and more intensely any artificial force is applied to it, in any direction, the greater will be the corresponding correction or rebound.

As before, I plan to ride that back up, hopefully a wiser more seasoned investor.
This tide will turn!
GLTAH

 

[Iseki]

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

View attachment 46446

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.”

“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.”

I guess the bottom line is, is this fair for shareholders? and
Should we ask the ASX to intervene? i.e. is it the opinion of the ASX, that it is preferable for an announcement to be made, so long as that announcement does not break any existing NDA?

 

[David holland]

Hope we will have an unexpected announcement . The shorters sweat will get an enormous tsunami which will wash our pain immediately away!

The company need positive for the SP To move upwards, all talk but no signatures

 

[DerAktienDude]

No worries guys. It’s normal to lose 95% of market cap and to not worry about it. Everything’s fine and thankfully all the trolls who don’t agree with that have been deleted. Shorters are wrong and we are in the right.

 

[CHIPS]

But…. and this is really the first negative thing I’ve had to say about BrainChip Inc…. I’m really beginning to think that the company leadership leaves something to be desired. Our stockholder base is mainly retail. Geez, retail has supported this company since inception. From what I gather institutions want us out. I’m told our share price is being manipulated down to scare retail out and make sure the fat cats get our shares. Is this true? Who knows? What I do know is that Sean Hehir is quiet as a church mouse. He’s on great coin and in my opinion is totally unimpressive as a leader. We are all hurting… say something.

I think many people here are too much in love with Sean Hehir and that's why they don't criticize him. Personally, I don't think he's doing a good job because he doesn't let us know what's happening and because he doesn't care about the SP. I can't judge the rest of his work, but since he doesn't talk about it (not the minor details, of course), I have to judge it negatively. And it is my right as a stockholder to do so.
It is also the company's job to monitor the SP and make shareholders feel more comfortable about their investments by releasing information more often. It seems to me like he doesn't care about shareholders at all and I don't like that feeling. I have worked for many CEOs in my long life and know how a CEO should appear in public. Sean is not like that at all. You got to the point with Church Mouse.

I really hope I'm completely wrong when I see the next 4C, and I'm more than willing to apologize then.

 

[Papacass]

Appreciate the sentiment but what exactly would you have him say?

Anything that's just fluff, even if it made us all feel good for five minutes would just be another kind of sugar hit.
And apart from providing fodder for negativ'eesters to further attack us with, would just weaken the Company's credibility further.

It's been tough going for a longish time now, and I doubt many of us would have predicted just how far our share price has fallen.
Hell, my whole portfolio has taken a horrendous bashing and if only I had known in advance just what would transpire I would have sold the lot and been sitting pretty waiting to buy back in with many multiples of my current holdings.

But, alas, I did not predict this current reality and so am reconciled to ride it out, husbanding whatever dry powder I still have left awaiting a clear signal the market and my long held picks are rebounding towards a new normality.

I just don't believe the world has entirely entered a final phase where everything I own will become worthless or can be held at a near zero value, regardless of its fundamental worth, forever.

The market, like other phenomena, is a creature of cycles.
And the longer and more intensely any artificial force is applied to it, in any direction, the greater will be the corresponding correction or rebound.

As before, I plan to ride that back up, hopefully a wiser more seasoned investor.
This tide will turn!
GLTAH

Hey Hopalong,
Thanks so much for the gracious reply. I come from an industry where morale was taken very seriously and sometimes an acknowledgment from senior leadership that the troops are doing it tough in the trenches but confidence in the strategy is high blah blah. It’s not so much the words but who visits the front and says them. Picturing leadership cowering in the ivory tower … you get the picture.
Look, I’ve been around the block and don’t need my hand held. I’ve appreciated your input and civility over many years. Just my thoughts on some leadership. My confidence is still high. Onward. Cheers.

 

[IloveLamp]

I think many people here are too much in love with Sean Hehir and that's why they don't criticize him. Personally, I don't think he's doing a good job because he doesn't let us know what's happening and because he doesn't care about the SP. I can't judge the rest of his work, but since he doesn't talk about it (not the minor details, of course), I have to judge it negatively. And it is my right as a stockholder to do so.
It is also the company's job to monitor the SP and make shareholders feel more comfortable about their investments by releasing information more often. It seems to me like he doesn't care about shareholders at all and I don't like that feeling. I have worked for many CEOs in my long life and know how a CEO should appear in public. Sean is not like that at all. You got to the point with Church Mouse.

I really hope I'm completely wrong when I see the next 4C, and I'm more than willing to apologize then.

Because he's never been a ceo before. I was then and still am dubious about his appointment and by now, he should've proven me wrong.....

The board must've had their reasons for selecting him but he has a lot to learn about being a ceo imo

For the record, i hope he does learn, and prove me wrong.

 

[IloveLamp]

 

[AusEire]

IP deal- within 3months of current two IP announced deals sp rises over 100% or 200-300% in Megachips case.

So even with the design and engagement cycle in mind being 3-4 years or not at all, these new IP deals are still critical in the scheme of things from an investors point of view.

The point some of us on here have been trying to make to those who keep crying over revenue is this takes time as shown by Chapman. Don't get me wrong we all want to see it but we have to realize that it's a very very long cycle to get to that.

Hopefully with Renesas coming to market with a product this year and Megachips next year that we'll see some revenue coming through but for significant revenue as some are expecting(everyday) imv is some time off for now.

 

[AusEire]

No worries guys. It’s normal to lose 95% of market cap and to not worry about it. Everything’s fine and thankfully all the trolls who don’t agree with that have been deleted. Shorters are wrong and we are in the right.

You haven't been deleted

 

[rgupta]

No worries guys. It’s normal to lose 95% of market cap and to not worry about it. Everything’s fine and thankfully all the trolls who don’t agree with that have been deleted. Shorters are wrong and we are in the right.

If speculative buying can take it up to 2.34 then speculative selling can bring it down to 15 cents as well. End of day one good news can change the course and no news could take it further down
Dyor

 

[AusEire]

Personally, I don't think he's doing a good job because he doesn't let us know what's happening and because he doesn't care about the SP.

His job is to run the company not to make shareholders feel good about themselves. He has to create a path to success and by trying to make us as shareholders feel good at every whim is not doing his job.

I can't judge the rest of his work, but since he doesn't talk about it (not the minor details, of course), I have to judge it negatively.

Of course you can't judge his work ethic.
I've met him. He's very driven. I've also spoken about him with other board members to get a guage of his work ethic. They couldn't speak any better of him. He doesn't stop.

And it is my right as a stockholder to do so.

Go complain to the company. Yes it is your right but just because you have a right to complain doesn't mean have a right to a satisfactory answer. You might never like the answer you get.

It is also the company's job to monitor the SP and make shareholders feel more comfortable about their investments by releasing information more often. It seems to me like he doesn't care about shareholders at all and I don't like that feeling.

It's actually not their job to monitor the SP and make us feel better about our investment. It's OUR job to do our own research on the company and the industry it's in and make a choice on whether to invest or not.

I have worked for many CEOs in my long life and know how a CEO should appear in public.

That's your opinion and experience. That doesn't automatically apply here or is the same in every company. The CEOs job is to grow the company. Are you saying that we haven't seen any progress whatsoever since Sean came onboard?

 

[CHIPS]

His job is to run the company not to make shareholders feel good about themselves. He has to create a path to success and by trying to make us as shareholders feel good at every whim is not doing his job.

We can discuss this over and over, but it will not change a bit. I am just saying that his job is also to make his team members/people around him do their jobs. They aren't as they are not doing any investor relation management, so he did not do his job in full detail. This is also the reason why so many people are dissatisfied. It is not only the SP that is annoying but also the company being too quiet toward their stockholders. You may like it, I don't.

What Does a CEO Do?​

CEOs are responsible for managing a company's overall operations. This may include delegating and directing agendas, driving profitability, managing company organizational structure, and strategy, and communicating with the board.

CEOs typically have extensive experience in their industry and are tasked with guiding their company toward success and profitability.

Chief Executive Officer (CEO): Roles and Responsibilities vs. Other Chief Roles

The chief executive officer (CEO) is the highest-ranking executive of a firm. CEOs act as the company’s public face and make major corporate decisions.

www.investopedia.com