just imaging some potential investors who are searching AI stock to invest. When they come cross to brainchip, they start flip through the past announcements. Almost all they can see in the past two years are 4Cs, notice of issuing shares. They would have had interest turned down right away before they even have anymore patience to find out the great amount of partners we have signed for our ecosystem in the past two years. Only a few percent of investors follow the companys news, video clips on a daily basis. And unfortnately this few percent of investors only have so little buying power overall.Spot on @stan9614, I am in strong agreement on this, BRN should be putting up general announcements on the companies they are incorporating into their eco-system.
These announcements do not meet the "Price Sensitive Announcements" spec, however the ASX platform also has the option to post straight up "Announcements".
Every day you can see mining companies making announcements about Conferences which they are presenting at, they are put up as general announcements _ which simply inform shareholders of the companies' efforts to promote their business there is no comeback from the ASX regarding this type of announcement which is used on the ASX platform every day.
IMO all the eco-system and partnership milestones should have been announced on the ASX this year and last year, I really think that some of the ecosystem milestones were quite likely price sensitive material i.e. the deal with Global Foundries to fabricate a new iteration of Akida - that deal demonstrated the ability of Akida to be fabricated by different manufacturers using differing fab formats - that is a major outcome for the Akida tech and as such is worthy of Price Sensitive.
I listened to Antonio (or was it Sean?) being questioned about BRNs policy re ASX Anns. at the AGM this year and I felt that they don't really understand the Anns platform, there has been talk on here and HC about fluff Anns etc, but IMO the ecosystem BRN is building is not fluff at all, it is really the bridge to get Akida to market, and is incredibly important as such.
BRN really need to pull their head out of the sand on this, it is probably my biggest gripe with management.
I will be contacting T Dawe about this because what I have read so far has not convinced me that the ASX platform could be used by BRN to promote what they are achieving with building the business
Look at what WBT announced recently regarding to a commercial agreement with just a foundry, basically it is no revenue announcement as well, as they are yet to sign a real customer. We had relationships with tsmc and global foundry. Basically they are able to do volume production once our customers decide to order chips. Wbt puts these kind of announcement on asx with intention to publish it as price sensitative and later on insist on social media that they believe it should be a price sensative annoucement. But we for some reason did not have dedicated asx announcement for our foundry partners.