BRN Discussion Ongoing

[7für7]

You know what, I used to defend them as well. Yes the announcement was a CR but why. Why do a CR when they had enough funds. I can understand a CR for expansion, or an investment in future profits.
Can you explain to me what the purpose of this CR was?
I’d be glad to hear it. My expectations go back 5 years now. So please don’t try to dismiss this as a normal day of business

I do not defend anyone… I just want to make clear that your formulation regarding “we are” is wrong. You should write “I am” everyone can express his opinion of course. It’s a forum. And I respect this. But talk for yourself

 

[Meatloaf]

I do not defend anyone… I just want to make clear that your formulation regarding “we are” is wrong. You should write “I am” everyone can express his opinion of course. It’s a forum. And I respect this. But talk for yourself

Really, you’re going to correct me on using “we are”, cmon man, get real. I believe that besides myself, there are many SH who are not very happy atm.
However, if it makes you feel better I will rephrase:
I am not happy with the current situation.

Now, can you explain to me why they decided to do a CR.
More development, that’s why.
Where’s the IP contracts, where’s the revenue.

I’m livid atm and so should all the SH be cause we need them to deliver.

Sean said 2024 was a make or break year, well he better pull a rabbit out the hat cause he ain’t surviving the next AGM

 

[Harwig]

I'm curious. What would motivate investors/funds to invest in Brn now?
This is not a question skewed to the negative just simply nosy curiosity.

 

[Falling Knife]

IMO
Use of the funds being offered in the presentation have 3 positives and 2 negatives

The three positives ones, I believe, would require involvement from a third party.
Their engagement may have lead to the need for funding to support development and investment in the disruptive technology being offered.
They want to find out if TENNs works in situation X.Y,Z within product A.
BRN will fund part of the testing and development costs with knowledge that once confirmed (bc BRN team would have said of course it can do what you propose) the third party will continue with production and dare I say it a 5 year architectural license

Yes this is conjecture but I will continue to hold even though frustration still hangs over my LT investment

 

[7für7]

Really, you’re going to correct me on using “we are”, cmon man, get real. I believe that besides myself, there are many SH who are not very happy atm.
However, if it makes you feel better I will rephrase:
I am not happy with the current situation.

Now, can you explain to me why they decided to do a CR.
More development, that’s why.
Where’s the IP contracts, where’s the revenue.

I’m livid atm and so should all the SH be cause we need them to deliver.

Sean said 2024 was a make or break year, well he better pull a rabbit out the hat cause he ain’t surviving the next AGM

Would be also fine if you write “some of us” in this case everyone can decide if he’s the same opinion…

For your further questions I have to say, I don’t have any explanations because I’m not in the board… as a long term holder I can only trust them or sell if not. (No financial advice)

Some people ask questions, after such an event, like someone would have an answer because he is working for brainchip and know something better… I don’t think you will get the answers you would like to receive… sorry you have to wait for announcements

 

[Meatloaf]

Would be also fine if you write “some of us” in this case everyone can decide if he’s the same opinion…

For your further questions I have to say, I don’t have any explanations because I’m not in the board… as a long term holder I can only trust them or sell if not. (No financial advice)

Some people ask questions, after such an event, like someone would have an answer because he is working for brainchip and know something better… I don’t think you will get the answers you would like to receive… sorry you have to wait for announcements

Your replies are all fluff. No meaning whatsoever.

I asked the questions hoping to get an intelligent reply and you chose to respond with crap. C’mon man.

There are people on here who can answer the questions I put forward, you’re not the one obviously.

I’ve been invested in Brn for 5 years and today, for me, was the straw that broke the camels back.

Yes I’m outraged and appalled.

 

[7für7]

Your replies are all fluff. No meaning whatsoever.

I asked the questions hoping to get an intelligent reply and you chose to respond with crap. C’mon man.

There are people on here who can answer the questions I put forward, you’re not the one obviously.

I’ve been invested in Brn for 5 years and today, for me, was the straw that broke the camels back.

Yes I’m outraged and appalled.

Yes me too 5 years… and? Why you’re so aggressive? What’s the meaning with your “come on man…” I say it again… I just wanted to point out that you should talk for yourself… that’s all… so move on and I hope you get your answers

 

[Meatloaf]

Yes me to 5 years… and? Why you’re so aggressive? What’s the meaning with your “come on man…” I say again… I haust wanted to point out that you should talk for yourself… that’s all… so move on and I hope you get your answers

You had a couple of spelling mistakes

Yes me to should be Yes me too.

I haust wanted should be I just wanted.

Now we can both move on.

 

[7für7]

You had a couple of spelling mistakes

Yes me to should be Yes me too.

I haust wanted should be I just wanted.

Now we can both move on.

Thanks for the correction!

Here is a answer for your question:
If you don’t know about the strategy of BRN and the board maybe you should watch the last video from the AGM. And some podcasts. There you can maybe find more answers

 

[Plebby]

Your replies are all fluff. No meaning whatsoever.

I asked the questions hoping to get an intelligent reply and you chose to respond with crap. C’mon man.

There are people on here who can answer the questions I put forward, you’re not the one obviously.

I’ve been invested in Brn for 5 years and today, for me, was the straw that broke the camels back.

Yes I’m outraged and appalled.

Place him on ignore. Complete lack of sensitivity or understanding of the situation at hand and a seeming inability to string a sentence together.

Accounts for 1/3rd of the posts on the forum without managing to contribute a speck of value.

 

[Kozikan]

Hi All , just seeking some clarification regarding the very last paragraph of the proposed issue of securities document
The +103million one
Very Last paragraph of the doc, refers to the holder having an arrangement with the entity, with regards to not selling within a 12 month period.

It appears that the new proposed owners of the 103 mil are in agreement to not on sell said shares for 12 months

Am I understanding this correctly
Probably not !

Asking for a friend, because I may be embarrassed by an informed answer

Thanks in advance

 

[DingoBorat]

Like @Quiltman said, the roadblock of LDA Capital, has been removed.

That arrangement worked, at least some of the time, but relied on pressure on the share price, to be beneficial for LDA (the money suppliers).

Now we have money suppliers, with a belief and interest, in the share price going up.

That part of the CR, was apparently heavily oversubscribed and quickly snapped up and it's for all the reasons, that we've been banging on about, on this forum.

All the partnerships, all the engagements and the emergence of the Edge A.I. market.

Yes, we still need those all important IP deals to move ahead, but the extra financial security provided by this raise, helps that.

We have at least 9 months now, to pop out something special from the oven..

 

[Bravo]

IMO
Use of the funds being offered in the presentation have 3 positives and 2 negatives
View attachment 67057

The three positives ones, I believe, would require involvement from a third party.
Their engagement may have lead to the need for funding to support development and investment in the disruptive technology being offered.
They want to find out if TENNs works in situation X.Y,Z within product A.
BRN will fund part of the testing and development costs with knowledge that once confirmed (bc BRN team would have said of course it can do what you propose) the third party will continue with production and dare I say it a 5 year architectural license

Yes this is conjecture but I will continue to hold even though frustration still hangs over my LT investment

Does anyone know why it includes a different section described as "Non-deal related use of funds"?

Is this jargon normal or am I just loosing the plot?

 

[Space Cadet]

Does anyone know why it includes a different section described as "Non-deal related use of funds"?

Is this jargon normal or am I just loosing the plot?




View attachment 67074

I would suggest money other than that going to buy out LDA shares

SC

 

[Easytiger]

Is it possible that one of the EAPs has taken a small stake in our company

Just don’t tell me it’s a consultant company, with a back to back handshake for consulting services 🟰 to the CR.

 

[Meatloaf]

Thanks for the correction!

Here is a answer for your question:
If you don’t know about the strategy of BRN and the board maybe you should watch the last video from the AGM. And some podcasts. There you can maybe find more answers

Oh really, gee I never thought of that.

Wow, was that your way of trying to sound intelligent.

Why don’t you stop replying to my posts, you’re not contributing anything whatsoever.

 

[Easytiger]

You know what, I used to defend them as well. Yes the announcement was a CR but why. Why do a CR when they had enough funds. I can understand a CR for expansion, or an investment in future profits.
Can you explain to me what the purpose of this CR was?
I’d be glad to hear it. My expectations go back 5 years now. So please don’t try to dismiss this as a normal day of business

Cash flow analysis and need to protect the Board from allegations of insolvent trading.

 

[CrabmansFriend]

My 2 cents, I value 4 things positive (although for my taste one/some deal announcement(s) need to follow this year):

1. André van Schaik has been added to the Scientific Advisory Board.
There has been an interview/podcast with him at eetimes/brains & machines (https://www.eetimes.com/podcasts/andre-van-schaik-discusses-new-neuromorphic-simulator/) where he states:

Now a problem for spiking neural networks, which is what we’re interested in at the moment because brains are spiking neural networks, is that they are terrible to simulate on a computer—it’s very slow to do large networks. And so, I want to create a technology that enables you to simulate these large-scale spiking neural networks in a reasonable amount of time.

And I want to do it in such a way that we don’t build our own chips for this, but that we use commercial hardware instead. Because similar to the GPU, was not developed for neural networks. It was a technology that was commercially done for graphical processing on computers. FPGAs’ reconfigurable hardware is another commercial technology that’s being used for various applications, and one application that we think it’s good for is simulating spiking neural networks.

2. So, although I don't know how our (current "hardware") IP might be of use inside of a FPGA, I see it as a positive we are getting closer not only to sensors but also these type of semiconductors. In combination with André van Schaik's field of research, to me that sounds like Brainchip is trying to evaluate the usage of Akida also at the opposite end of the spectrum (closer to servers/cloud/HPC). Additionally, some of the most important vendors of FPGAs are Intel, AMD. Can't hurt getting a bit more active in this area, especially as industry trends besides GPUs for HPC, ASICs for specific tasks (at the edge) seems to be trying a 3rd direction by keeping the hardware as flexible as possible for all the use cases in between while the field of ML/AI is progressing so fast and changing constantly.

3. "Development of an Akida 2.0 derivative to support LLM (Large Language Models) on edge devices"
Good that Dr. Eshraghian ("his lab developed [...] SpikeGPT") has also been added to our Scientific Advisory Board.

4. Funding via LDA capital probably not needed anymore, at least for this year. Could help the stock price recover a bit.

Brainchip, please let me know when you finally start considering chiplets .

 

[Thebask27]

Like @Quiltman said, the roadblock of LDA Capital, has been removed.

That arrangement worked, at least some of the time, but relied on pressure on the share price, to be beneficial for LDA (the money suppliers).

Now we have money suppliers, with a belief and interest, in the share price going up.

That part of the CR, was apparently heavily oversubscribed and quickly snapped up and it's for all the reasons, that we've been banging on about, on this forum.

All the partnerships, all the engagements and the emergence of the Edge A.I. market.

Yes, we still need those all important IP deals to move ahead, but the extra financial security provided by this raise, helps that.

We have at least 9 months now, to pop out something special from the oven..

One thing I don't understand, why 9 months? We had before CR 3 quarters without the "new" money left

 

[IloveLamp]

#techingov #frontiertechnologies #neuromorphiccomputing #nextgencomputing #neuroscience #neuromorphiccomputingusecases #humanintelligence #nextgenintelligence | Dr Dimitrios Salampasis (PhD, F-FIN, MAICD, MSID, CMBE)

During the second day of the 2024 Tech in Gov Expo in Canberra I had the opportunity to deliver a presentation on "Brain-inspired intelligent government: transforming global public sector with neuromorphic computing". I have been researching this topic for about a year now and this presentation...

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