BRN Discussion Ongoing
- Thread starter TechGirl
- Start date
Bravo
If ARM was an arm, BRN would be its biceps💪!
Spot on @Fenris78! Well said!
I certainly don't want to speak for anyone else but I reckon you're right on the money here.
There appears to be a massive divergence between the very credible and reputable companies who claim our technology is the bees-knees, versus our ability to actually land any deals/licences.
As a LTH, I think it's incredibly difficult to understand why this is. I certainly haven't given up hope just yet. I attribute my ongoing confidence more to those companies that endorse us so much through their continued positive feedback (not that it gets announced anywhere), rather than because of anything our company seems to be doing particularly well ATM, sadly.
Maybe this will change in the near future. I certainly hope so.
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Jacob Kiraz
Emerged
Haven't we got 2 deals already hello
MadMayHam | 合氣道
Regular
Oh boy... actually BRN started out with the technology and worked backwards to the customer experience (applications).
Pom down under
Top 20
A lot has happened over the last 1.5 years, most of it very positive.
In another 5/6 months I'll consider my position, my belief in our company hasn't changed to be honest, but like ALL shareholders
the lack of any real early revenue is becoming a real concern.
For major companies to just completely change direction, or in some cases, reverse direction and adopt our very disruptive
technology at the drop of a hat, has proven to be a major hurdle, I believe I am like ALL shareholders and to some degree the
company executive, the timeline has and is a lot longer than we all envisaged, I certainly have learnt that the product cycle is between
3/4 years, I wish I had sold all my shares at $2.00 + and been sitting on the sidelines as we slid all the way back to 14c !!!!
BUT LIFE GOES ON.
I will go as far as to say, if Sean can't get a few companies over the line before the next AGM, he will be under serious pressure to
fall on his own sword, but I still have confidence he will deliver, if come January and we are still treading water, I'll be halving my holding,
this will be a personal decision, not financial advice, as you get older, you can't live off the smell of an oily rag.
The Brainchip BOD can only control what they can control, if no major company wishes to 100% back us currently (by signing an IP License) well, we just have to accept that as the current status quo.
So to answer your baited question, my "Personal Review" is under pressure for sure.
Regards....Tech
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7für7
Top 20
Hey! Don’t take it as an attack or something, but you stated you are frustrated with the words from our ceo “explosion of sales” and then you stated “it's the validation from companies like Tata, Mercedes, NASA, the European sapce Agency, Megachips, Arm, Intel etc.” why you are still invested etc. yes you are right, maybe he was too excited and and to be honest, it’s also a part of the job to spread out enthusiasm… maybe he was really sure we will have explosion of sales … but we can not ignore all the other work he is doing as you mentioned as well. So I think we should just wait a little bit more. Time Windows and plans are known to shift, especially in such a new market. But, I want to see a change as well soon! WORD
mrgds
Regular
For a fair while we traded at 14c before the IFS partnership was announced.
You either believe ! Or you don't ?
TA - TA For now
Akida Ballista >>>>>>>>>>>>>>>>>>>>>>>>
Hotty...
Smoothsailing
Regular
Ok thanks…. My problem is why would ARM, Intel, Megachip ext keep us on their books if they were not going to use us at some point.
Obviously there is doubt in the Air as we lost two key players that worked at ARM without explanation that in it self causes doubt, and Intel just seem to have us their books to shut us up from relentless pushing from some on social media imo, however I am with you we must get something this next quarter or I will be very concerned myself
Obviously there is doubt in the Air as we lost two key players that worked at ARM without explanation that in it self causes doubt, and Intel just seem to have us their books to shut us up from relentless pushing from some on social media imo, however I am with you we must get something this next quarter or I will be very concerned myself
Smoothsailing
Regular
Morning Chippers ,
Some Random numbers... the last 4C Quarterly report...... $48,000.00 from customers , freeloaders or did management simply have a win with a scratch ticket ????.
According to our last Ann Report, 31st of Dec 2023 , we had 78 employees.
If we ( I ) assume each employee dose a average 36 hours per week.
78 ( employees)
× 36 hours per week.
= 2,808 hours per week
× 12 weeks. ( = one quater of the year, after taking 2 weeks off for holidays. )
=35,100 hours for the quater , sunk into R&D of our own ...& helping possible clients , for $48,000.00 return ????
* This dose not even cover the WEEKLY take home pay of our CEO.
35,100 hours ÷ $48,000 = $1.3675 pre hour return per worker.
If we worked on say an average cost of $100 per hour per individual...
= - $98.63 per hour worked x 35,100 hours = -$3,461,913.00
If we then assumed that employees time was split 50 / 50.
Ie. 50% on R&D
50% on Partnerships with clients....
Would mean we have effectively given away $1,730,956.00 in free labour for the quater to clients.
The fact that multiple quarters are similar would mean any Contract / Licence signed would require many millions just to cover the free work supplied thus far , before any positive return on our actual technology .
Expecting a fricking large contract signing SEAN. Like $5 to $10 mill at formalisation of contract , purely to cover the free work supplied thus far, with Royalties there after.
All numbers above are of a general nature.... but you get the general idea.
Regards,
Esq.
Some Random numbers... the last 4C Quarterly report...... $48,000.00 from customers , freeloaders or did management simply have a win with a scratch ticket ????.
According to our last Ann Report, 31st of Dec 2023 , we had 78 employees.
If we ( I ) assume each employee dose a average 36 hours per week.
78 ( employees)
× 36 hours per week.
= 2,808 hours per week
× 12 weeks. ( = one quater of the year, after taking 2 weeks off for holidays. )
=35,100 hours for the quater , sunk into R&D of our own ...& helping possible clients , for $48,000.00 return ????
* This dose not even cover the WEEKLY take home pay of our CEO.
35,100 hours ÷ $48,000 = $1.3675 pre hour return per worker.
If we worked on say an average cost of $100 per hour per individual...
= - $98.63 per hour worked x 35,100 hours = -$3,461,913.00
If we then assumed that employees time was split 50 / 50.
Ie. 50% on R&D
50% on Partnerships with clients....
Would mean we have effectively given away $1,730,956.00 in free labour for the quater to clients.
The fact that multiple quarters are similar would mean any Contract / Licence signed would require many millions just to cover the free work supplied thus far , before any positive return on our actual technology .
Expecting a fricking large contract signing SEAN. Like $5 to $10 mill at formalisation of contract , purely to cover the free work supplied thus far, with Royalties there after.
All numbers above are of a general nature.... but you get the general idea.
Regards,
Esq.
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One of the things that keep me thinking is why would we have so many staff if the work is not there to be done. There must be a need for them or we are drastically over staffed. If there's enough work then we're still in the running to succeed. If we're over staffed then Sean will never find another executive job once the company goes under.
Now, which one seems more likely?
Pom down under
Top 20
Kachoo
Regular
As you I wonder why we have not signed a deal yet either. All we hear is its a long process. We'll maybe the process should be better explained IMO. What is the reason for the Ecosystem and where and at what point would Brainchip recieve payment for services or in the sales cycle part like final product selling production there is alot of smoke and mirrors at this point.
Who was full of it our precious hockey stick growth leaders or our new people grinding through the contacts trying to sell a product.
We hear we have not lost an engagement yet but communication is absolutely crap on getting information.
This SPP is a crumb thrown to retail they raised the money they wanted but will they retail portion be filled? I think that they have doubt them selves that many will buy up the shares. I'm sure it's a deal but most holders that have held through are exhausted with the wait and delays with out real guidance.
They really need to look at their business structure if akida is so good build something and take market share make some money not wait for competitors to play catch up.
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