BRN Discussion Ongoing

[David holland]

Wow , what a revelation Sherlock

To the moon and back ,Sit on it

 

[Fact Finder]

Many thanks Wizy123 it is certainly interesting and gives some substance to the Nviso Brainchip partnership:

https://company-announcements.afr.com/asx/ypb/54c23c06-2c0d-11ee-9451-326dbffed562.pdf

I wanted to copy and paste some parts but it was resistant to my advances.

Still leaves some scope for more information about the use of ‘Group’ but definitely a must read.

My opinion only DYOR
Fact Finder

Hi All

I have finally been able to extract the following paragraph from the YPB link, an ASX listed company:

“NVISO through its wholly owned subsidiaries in Switzerland and Japan has existing agreements with global OEM brands such as Panasonic, and major global automakers. Their present applications include Consumer Robots, Gaming and Avatars, Healthcare Patient Monitoring, and Automotive Interior Sensing and is a pioneer in Artificial Intelligence (AI) with heavy investment and EU government support over its fourteen-year life. Nviso SA was founded in 2009 in Switzerland with operations in Japan and recently, as part of its management and Board changes, has its Corporate Headquarters in Australia under NVISO Group Limited.”

Not wishing to get into too much legalese but the above clearly forms part of the information relied upon by YPB to decide to enter the agreement with Nviso and pay Nviso $250,000.00.

This gives YPB if this information is materially incorrect grounds to rescind the agreement and claim damages.

In my opinion this paragraph adds much more weight to the importance that might otherwise attach to what could be described a marketing or promotional information direct from Nviso without any prejudice attaching.

My opinion only DYOR
Fact Finder

 

[Fullmoonfever]

Yep...would suggest they used the wrong logo

The link in our blurb takes you to the NVISO we already partnered with in the HMI environment whereas the other NVISO is cybersecurity.

BrainChip and NVISO Group Demonstrate AI-Enabled Human Behavioral Analysis at CES 2024

Experience the future of human-machine interaction with NVISO Group and BrainChip's groundbreaking collaboration.

brainchip.com

These are the logos I recall from our existing partner. At least they are spelt right
View attachment 53646


View attachment 53645

Not this one.

View attachment 53647

Good work @Terroni2105

They changed it to the right logo.

Better late than never I guess.

 

[Taproot]

Not sure if this has been shared
Thanks @davidfitz for the above post.



Learning

Excellent !!
Akida1500 making its debut at CES
1.50 Min mark.

 

[Taproot]

Excellent !!
Akida1500 making its debut at CES
1.50 Min mark.

BrainChip Tapes Out AKD1500 Chip in GlobalFoundries 22nm FD SOI Process

BrainChip tapes out the AKD1500 chip using GlobalFoundries' 22nm FD-SOI process, marking a significant milestone in AI chip development.

brainchip.com

The AKD1500 uses the latest features of BrainChip’s extremely energy-efficient, event-based, Akida™ AI IP in combination with the GlobalFoundries’ ultra-low leakage, proprietary FDX™ process technology platform, to deliver an ideal solution for always-on, at-sensor applications or other low-power embedded applications in AIoT, industrial, consumer and automotive markets.

In always-on, at-sensor use cases, Akida can completely offload feed-forward networks without the use of a CPU, which enables extremely energy efficient intelligent sensors. For other low-power embedded applications, the CPU solely performs sensor fusion processes or runs the application with Akida managing all the AI acceleration to significantly minimize CPU workload and system load, freeing up the MCU for other general-purpose computation.

The AKD1500 is designed as an accelerator reference chip, using quad/octal SPI interfaces for MCU modules and PCIe for extensible cards, which assists partners in developing and demonstrating their solutions as a stepping stone to integrating the Akida IP into their production SoCs.

 

[Mt09]

Clearly LG doesn't want to be left behind......

Loving our partnership with Tenstorrent.....

Tenstorrent Partners with LG to Build AI and RISC-V Chiplets for Smart TVs of the Future | Tenstorrent

Tenstorrent and LG Electronics Inc. (LG) are pleased to announce they are collaborating to build a new generation of RISC-V, AI and Video Codec Chiplets to potentially power LG’s premium TV and automotive products of the future and Tenstorrent’s data center products.

tenstorrent.com

LG’s 2024 OLED TVs put a bigger focus on AI processing than ever before

But there are plenty of other upgrades, even at the low end.

www.theverge.com

View attachment 53686 View attachment 53688

Brainchip have a partnership with Tenstorrent?? Just because they were on our podcast doesn’t mean we have a partnership.

 

[Investig8ed]

https://www.linkedin.com/feed/updat...(V2,urn:li:activity:7149848471041114113)[/URL

http://Janet Wiles From Queensland University is an Interesting person.

 

[Frangipani]

Hi All

I have finally been able to extract the following paragraph from the YPB link, an ASX listed company:

“NVISO through its wholly owned subsidiaries in Switzerland and Japan has existing agreements with global OEM brands such as Panasonic, and major global automakers. Their present applications include Consumer Robots, Gaming and Avatars, Healthcare Patient Monitoring, and Automotive Interior Sensing and is a pioneer in Artificial Intelligence (AI) with heavy investment and EU government support over its fourteen-year life. Nviso SA was founded in 2009 in Switzerland with operations in Japan and recently, as part of its management and Board changes, has its Corporate Headquarters in Australia under NVISO Group Limited.”

Not wishing to get into too much legalese but the above clearly forms part of the information relied upon by YPB to decide to enter the agreement with Nviso and pay Nviso $250,000.00.

This gives YPB if this information is materially incorrect grounds to rescind the agreement and claim damages.

In my opinion this paragraph adds much more weight to the importance that might otherwise attach to what could be described a marketing or promotional information direct from Nviso without any prejudice attaching.

My opinion only DYOR
Fact Finder

What the YPB ASX announcement doesn’t tell you, though, is that the original company NVISO SA, headquartered in the Swiss canton of Vaud/Waadt as well as its branch in the canton of Jura were declared bankrupt only six weeks later, on September 7, 2023!

Mmmhhh…

This is what I discovered, when trying to find out more about the NVISO Group:

Insolvenzeröffnung means opening of insolvency proceedings.

It then led me to the following documents published by the Swiss Official Gazette of Commerce:

ZefixWebApp

www.zefix.ch

Translation by DeepL:


Category: Entries in the commercial register Subcategory: Mutation


Publication date: SHAB 14.09.2023 Publication number: HR02-1005838387


Publication entity


Bundesamt für Justiz (BJ), Eidgenössisches Amt für das Handelsregister, Bundesrain 20, 3003 Bern


Change nViso SA, Ecublens (VD), new nViso SA in liquidation


nViso SA in liquidation


Parc Scientifique EPFL, PSE-D 1015 Lausanne


nViso SA, Ecublens (VD), CHE-112.479.650 (Swiss Official Gazette of 11.05.2023, p. 0/1005744331). By decision of 07.09.2023, the President of the District Court of Lausanne revoked the debt-restructuring moratorium and declared the company bankrupt with effect from 07.09.2023 at 11:00 am. The company name becomes: nViso SA in liquidation. Balimann Gérald and Vuffray Alain are no longer debt-restructuring commissioners.


Daily register no. 14882 of 11.09.2023


Previous publication in FOSC: no 91, Date: 11.05.2023 Contact point: Registre du commerce du Canton de Vaud

Entries in the commercial register Subcategory: Mutation


Publication date: SHAB 19.09.2023 Publication number: HR02-1005841386


Publication entity


Bundesamt für Justiz (BJ), Eidgenössisches Amt für das Handelsregister, Bundesrain 20, 3003 Bern


Change nViso SA, Le Noirmont branch, Le Noirmont, new nViso SA in liquidation, Le Noirmont branch


nViso SA in liquidation, Le Noirmont branch Sous-la-Velle 14


2340 Le Noirmont


Previously


nViso SA, Le Noirmont branch


nViso SA, branch of Le Noirmont, in Le Noirmont, CHE-397.053.786, Swiss branch (No. FOSC 57 of 21.03.2012, p.0, Publ. 6604204), Head office in: Ecublens (VD). New company name: nViso SA in liquidation, Le Noirmont branch. New company name of head office: nViso SA in liquidation [previously: Company name of head office: nViso SA]. New remarks from the head office: By decision of 07.09.2023, the President of the District Court of Lausanne revoked the debt-restructuring moratorium and declared the head office bankrupt on 07.09.2023, at 11:00 a.m.


Daily register no. 1355 of 14.09.2023


Previous publication in the FOSC: no 57, Date: 21.03.2012 Contact: Registre du commerce du Canton du Jura


I recall a number of (since deleted) posts here on TSEx around the time when former CEO Tim Llewellyn got fired, but the bankruptcy proceedings four months ago have never been a discussion topic, as far as I can tell.

I strongly suspect that Sword of Damocles was the reason why the new legal construct of NVISO Group was formed, with corporate headquarters in Australia, shortly before the original company was liquidated in Switzerland. Maybe someone with knowledge in international business law can comment on the legality of such proceedings?

According to LinkedIn, NVISO has had a sales manager in Japan since 2019, so their presence there is not new.

What I find extremely weird is that neither NVISO’s website nor its LinkedIn post history mention anything at all about the company’s death and resurrection. As if nothing had happened.

However, I trust the Brainchip management is aware of all this, since they’ve been cooperating with NVISO all this time and would know more about what was going on behind the scenes, and we can only hope the newly registered company is financially healthy now.

 

[Kachoo]

What the YPB ASX announcement doesn’t tell you, though, is that the original company NVISO SA, headquartered in the Swiss canton of Vaud/Waadt as well as its branch in the canton of Jura were declared bankrupt only six weeks later, on September 7, 2023!

Mmmhhh…

This is what I discovered, when trying to find out more about the NVISO Group:


View attachment 53707


Insolvenzeröffnung means opening of insolvency proceedings.

It then led me to the following documents published by the Swiss Official Gazette of Commerce:

ZefixWebApp

www.zefix.ch

View attachment 53708




View attachment 53709

Translation by DeepL:


Category: Entries in the commercial register Subcategory: Mutation


Publication date: SHAB 14.09.2023 Publication number: HR02-1005838387


Publication entity


Bundesamt für Justiz (BJ), Eidgenössisches Amt für das Handelsregister, Bundesrain 20, 3003 Bern


Change nViso SA, Ecublens (VD), new nViso SA in liquidation


nViso SA in liquidation


Parc Scientifique EPFL, PSE-D 1015 Lausanne


nViso SA, Ecublens (VD), CHE-112.479.650 (Swiss Official Gazette of 11.05.2023, p. 0/1005744331). By decision of 07.09.2023, the President of the District Court of Lausanne revoked the debt-restructuring moratorium and declared the company bankrupt with effect from 07.09.2023 at 11:00 am. The company name becomes: nViso SA in liquidation. Balimann Gérald and Vuffray Alain are no longer debt-restructuring commissioners.


Daily register no. 14882 of 11.09.2023


Previous publication in FOSC: no 91, Date: 11.05.2023 Contact point: Registre du commerce du Canton de Vaud


View attachment 53710



Entries in the commercial register Subcategory: Mutation


Publication date: SHAB 19.09.2023 Publication number: HR02-1005841386


Publication entity


Bundesamt für Justiz (BJ), Eidgenössisches Amt für das Handelsregister, Bundesrain 20, 3003 Bern


Change nViso SA, Le Noirmont branch, Le Noirmont, new nViso SA in liquidation, Le Noirmont branch


nViso SA in liquidation, Le Noirmont branch Sous-la-Velle 14


2340 Le Noirmont


Previously


nViso SA, Le Noirmont branch


nViso SA, branch of Le Noirmont, in Le Noirmont, CHE-397.053.786, Swiss branch (No. FOSC 57 of 21.03.2012, p.0, Publ. 6604204), Head office in: Ecublens (VD). New company name: nViso SA in liquidation, Le Noirmont branch. New company name of head office: nViso SA in liquidation [previously: Company name of head office: nViso SA]. New remarks from the head office: By decision of 07.09.2023, the President of the District Court of Lausanne revoked the debt-restructuring moratorium and declared the head office bankrupt on 07.09.2023, at 11:00 a.m.


Daily register no. 1355 of 14.09.2023


Previous publication in the FOSC: no 57, Date: 21.03.2012 Contact: Registre du commerce du Canton du Jura


I recall a number of (since deleted) posts here on TSEx around the time when former CEO Tim Llewellyn got fired, but the bankruptcy proceeding four months ago have never been a discussion topic, as far as I can tell.

I strongly suspect that Sword of Damocles was the reason why the new legal construct of NVISO Group was formed, with corporate headquarters in Australia, shortly before the original company was liquidated in Switzerland. Maybe someone with knowledge in international business law can comment on the legality of such proceedings?

According to LinkedIn, NVISO has had a sales manager in Japan since 2019, so their presence there is not new.

View attachment 53711


What I find extremely weird is that neither NVISO’s website nor its LinkedIn post history mention anything at all about the company’s death and resurrection. As if nothing had happened.

However, I trust the Brainchip management is aware of all this, since they’ve been cooperating with NVISO all this time and would know more about what was going on behind the scenes, and we can only hope the newly registered company is financially healthy now.

I would go with it was a financial restructure. A company can operate they are given money to keep the business going and basicly new debt is offered and new owners take over with limited noise.

Take a read about a 8 billion loss on Weatherford international they went bankrupt but business continued with out a issue.

The bond holder became the main shareholders it was in their best interest.

So for Nviso they must have something of value that resulted in their survival and continued operations. Which would be a good thing IMO.

 

[Tothemoon24]

 

[IloveLamp]

Brainchip have a partnership with Tenstorrent?? Just because they were on our podcast doesn’t mean we have a partnership.

Fair enough my bad. Edited my post accordingly.

Yes absolutely, just a podcast together means absolutely no association with Tenstorrent ...............in fantasy short terd land....

They posted about us also at the time but i guess that means nothing too....., right? @Mt09

#nanananana

 

[Crestman]

http://Janet Wiles From Queensland University is an Interesting person.

Hi Investig8ed, I posted this that I found just over a month ago. Possible link to University of QLD and Brainchip.

BRN Discussion Ongoing

Sorry for disjointed post, it's doing something weird when I try to copy and paste. Worries

thestockexchange.com.au

 

[IloveLamp]

View attachment 53721
View attachment 53720
View attachment 53718
View attachment 53717
View attachment 53716
View attachment 53715
View attachment 53714

 

[Diogenese]

What the YPB ASX announcement doesn’t tell you, though, is that the original company NVISO SA, headquartered in the Swiss canton of Vaud/Waadt as well as its branch in the canton of Jura were declared bankrupt only six weeks later, on September 7, 2023!

Mmmhhh…

This is what I discovered, when trying to find out more about the NVISO Group:


View attachment 53707


Insolvenzeröffnung means opening of insolvency proceedings.

It then led me to the following documents published by the Swiss Official Gazette of Commerce:

ZefixWebApp

www.zefix.ch

View attachment 53708




View attachment 53709

Translation by DeepL:


Category: Entries in the commercial register Subcategory: Mutation


Publication date: SHAB 14.09.2023 Publication number: HR02-1005838387


Publication entity


Bundesamt für Justiz (BJ), Eidgenössisches Amt für das Handelsregister, Bundesrain 20, 3003 Bern


Change nViso SA, Ecublens (VD), new nViso SA in liquidation


nViso SA in liquidation


Parc Scientifique EPFL, PSE-D 1015 Lausanne


nViso SA, Ecublens (VD), CHE-112.479.650 (Swiss Official Gazette of 11.05.2023, p. 0/1005744331). By decision of 07.09.2023, the President of the District Court of Lausanne revoked the debt-restructuring moratorium and declared the company bankrupt with effect from 07.09.2023 at 11:00 am. The company name becomes: nViso SA in liquidation. Balimann Gérald and Vuffray Alain are no longer debt-restructuring commissioners.


Daily register no. 14882 of 11.09.2023


Previous publication in FOSC: no 91, Date: 11.05.2023 Contact point: Registre du commerce du Canton de Vaud


View attachment 53710



Entries in the commercial register Subcategory: Mutation


Publication date: SHAB 19.09.2023 Publication number: HR02-1005841386


Publication entity


Bundesamt für Justiz (BJ), Eidgenössisches Amt für das Handelsregister, Bundesrain 20, 3003 Bern


Change nViso SA, Le Noirmont branch, Le Noirmont, new nViso SA in liquidation, Le Noirmont branch


nViso SA in liquidation, Le Noirmont branch Sous-la-Velle 14


2340 Le Noirmont


Previously


nViso SA, Le Noirmont branch


nViso SA, branch of Le Noirmont, in Le Noirmont, CHE-397.053.786, Swiss branch (No. FOSC 57 of 21.03.2012, p.0, Publ. 6604204), Head office in: Ecublens (VD). New company name: nViso SA in liquidation, Le Noirmont branch. New company name of head office: nViso SA in liquidation [previously: Company name of head office: nViso SA]. New remarks from the head office: By decision of 07.09.2023, the President of the District Court of Lausanne revoked the debt-restructuring moratorium and declared the head office bankrupt on 07.09.2023, at 11:00 a.m.


Daily register no. 1355 of 14.09.2023


Previous publication in the FOSC: no 57, Date: 21.03.2012 Contact: Registre du commerce du Canton du Jura


I recall a number of (since deleted) posts here on TSEx around the time when former CEO Tim Llewellyn got fired, but the bankruptcy proceedings four months ago have never been a discussion topic, as far as I can tell.

I strongly suspect that Sword of Damocles was the reason why the new legal construct of NVISO Group was formed, with corporate headquarters in Australia, shortly before the original company was liquidated in Switzerland. Maybe someone with knowledge in international business law can comment on the legality of such proceedings?

According to LinkedIn, NVISO has had a sales manager in Japan since 2019, so their presence there is not new.

View attachment 53711


What I find extremely weird is that neither NVISO’s website nor its LinkedIn post history mention anything at all about the company’s death and resurrection. As if nothing had happened.

However, I trust the Brainchip management is aware of all this, since they’ve been cooperating with NVISO all this time and would know more about what was going on behind the scenes, and we can only hope the newly registered company is financially healthy now.

Maybe BRN can pick up a few patents in the fire sale:

I would go with it was a financial restructure. A company can operate they are given money to keep the business going and basicly new debt is offered and new owners take over with limited noise.

Take a read about a 8 billion loss on Weatherford international they went bankrupt but business continued with out a issue.

The bond holder became the main shareholders it was in their best interest.

So for Nviso they must have something of value that resulted in their survival and continued operations. Which would be a good thing IMO.

nViso do have a patent.

US11048921B2 Image processing system for extracting a behavioral profile from images of an individual specific to an event 20180509

 

[Diogenese]

What the YPB ASX announcement doesn’t tell you, though, is that the original company NVISO SA, headquartered in the Swiss canton of Vaud/Waadt as well as its branch in the canton of Jura were declared bankrupt only six weeks later, on September 7, 2023!

Mmmhhh…

This is what I discovered, when trying to find out more about the NVISO Group:


View attachment 53707


Insolvenzeröffnung means opening of insolvency proceedings.

It then led me to the following documents published by the Swiss Official Gazette of Commerce:

ZefixWebApp

www.zefix.ch

View attachment 53708




View attachment 53709

Translation by DeepL:


Category: Entries in the commercial register Subcategory: Mutation


Publication date: SHAB 14.09.2023 Publication number: HR02-1005838387


Publication entity


Bundesamt für Justiz (BJ), Eidgenössisches Amt für das Handelsregister, Bundesrain 20, 3003 Bern


Change nViso SA, Ecublens (VD), new nViso SA in liquidation


nViso SA in liquidation


Parc Scientifique EPFL, PSE-D 1015 Lausanne


nViso SA, Ecublens (VD), CHE-112.479.650 (Swiss Official Gazette of 11.05.2023, p. 0/1005744331). By decision of 07.09.2023, the President of the District Court of Lausanne revoked the debt-restructuring moratorium and declared the company bankrupt with effect from 07.09.2023 at 11:00 am. The company name becomes: nViso SA in liquidation. Balimann Gérald and Vuffray Alain are no longer debt-restructuring commissioners.


Daily register no. 14882 of 11.09.2023


Previous publication in FOSC: no 91, Date: 11.05.2023 Contact point: Registre du commerce du Canton de Vaud


View attachment 53710



Entries in the commercial register Subcategory: Mutation


Publication date: SHAB 19.09.2023 Publication number: HR02-1005841386


Publication entity


Bundesamt für Justiz (BJ), Eidgenössisches Amt für das Handelsregister, Bundesrain 20, 3003 Bern


Change nViso SA, Le Noirmont branch, Le Noirmont, new nViso SA in liquidation, Le Noirmont branch


nViso SA in liquidation, Le Noirmont branch Sous-la-Velle 14


2340 Le Noirmont


Previously


nViso SA, Le Noirmont branch


nViso SA, branch of Le Noirmont, in Le Noirmont, CHE-397.053.786, Swiss branch (No. FOSC 57 of 21.03.2012, p.0, Publ. 6604204), Head office in: Ecublens (VD). New company name: nViso SA in liquidation, Le Noirmont branch. New company name of head office: nViso SA in liquidation [previously: Company name of head office: nViso SA]. New remarks from the head office: By decision of 07.09.2023, the President of the District Court of Lausanne revoked the debt-restructuring moratorium and declared the head office bankrupt on 07.09.2023, at 11:00 a.m.


Daily register no. 1355 of 14.09.2023


Previous publication in the FOSC: no 57, Date: 21.03.2012 Contact: Registre du commerce du Canton du Jura


I recall a number of (since deleted) posts here on TSEx around the time when former CEO Tim Llewellyn got fired, but the bankruptcy proceedings four months ago have never been a discussion topic, as far as I can tell.

I strongly suspect that Sword of Damocles was the reason why the new legal construct of NVISO Group was formed, with corporate headquarters in Australia, shortly before the original company was liquidated in Switzerland. Maybe someone with knowledge in international business law can comment on the legality of such proceedings?

According to LinkedIn, NVISO has had a sales manager in Japan since 2019, so their presence there is not new.

View attachment 53711


What I find extremely weird is that neither NVISO’s website nor its LinkedIn post history mention anything at all about the company’s death and resurrection. As if nothing had happened.

However, I trust the Brainchip management is aware of all this, since they’ve been cooperating with NVISO all this time and would know more about what was going on behind the scenes, and we can only hope the newly registered company is financially healthy now.

BRN is doing a presentation with nViso Group at CES 2024

• #1

The patent was in the name of nViso SA, so is it trapped in the liquidation of the assets or was it legally assigned to nViso Group?

Maybe BRN can pick up a few patents in the fire sale:

nViso do have a patent.

US11048921B2 Image processing system for extracting a behavioral profile from images of an individual specific to an event 20180509

 

[MDhere]

Recently released neuromorphic chat it’s been liked by Sounak Dey from Tata .
Goes for 40 minutes I havnt had time to view , maybe of interest to some

THANKS tothemoon

I had a look at the video and i did like at the 41.24 to 42.10 the guy gets extremely passionate when he talks about the traditional sight and sound but then goes on to say about the other sensors smell taste touch for neuromorphic computing then he says the world is going to be something else and he can't help himself but say it again as he is blown away by this.

 

[Tothemoon24]

 

[Pmel]

If nothing significant comes out of CES 2024. GOD save us. My hard earned money is down the drain. So be it. some good and some bad decisions in life. But i want Brainchip to succeed. Dont give me bull comments. Specially b#$$% boy sick of b#$#.

 

[Space Cadet]

https://www.autonomousvehicleintern...ls-its-next-gen-automotive-socs-and-mcus.html

 

[Frangipani]

View attachment 53725

Just in case anyone was wondering - no, it is not a new prerequisite for CEOs or CTOs of German carmakers to have the surname Schäfer, but it might help them just a little in shepherding their respective flocks…