BRN Discussion Ongoing

[Kachoo]

Not showing those numbers here

BRN - Short Interest - BrainChip Holdings Ltd (ASX) Stock - Short Squeeze, Borrow Rates

BRN - Short Interest - BrainChip Holdings Ltd (ASX) Stock - Short Squeeze, Borrow Rates

fintel.io

View attachment 67440 View attachment 67441

Yeah I checked this site too many stocks are updated not Brainchip makes you wonder .

Is it a glitch or was it done on purpose?

 

[Kachoo]

I call bs on the shortman table
26/07/24 76,562.897 shorts. total share transactions 6,491,811
29/07/24 25,188,611 shorts. total share transactions 3.900.003
so the shorters covered 51,338,286 shares in 3,900,003 sales BS
even adding the odd afterhour transaction of 10,120,000 shares
leaves a major gap.
The Daily Gross Short report for yesterday is showing no short sales
for Thursday which is also highly sus

Those reports have shown many time an increase in more shorts then actual shares traded to so this whole short reporting insuspect in my opinion just another black box they must be under a NDA.

 

[Diogenese]

“Temporal Event Neural Networks: A More Efficient Alternative to the Transformer,” a Presentation from BrainChip

BrainChip Inc. showcases its innovative Temporal Event Neural Networks (TENNs), a more efficient alternative to traditional models like Transformers, emphasizing low energy consumption, reduced training costs, and compact model sizes. The document details TENNs' various application areas, such...

www.slideshare.net

View attachment 67475

I think it's likely the slide presentation, was prepared by someone else.

Nothing new here - 50 years ago, it was a standing joke that Americans confused Australia with Austria.

 

[DingoBorat]

This is the first time I've seen this presentation too.

Would anyone know what this is refering to:

View attachment 67481

Frangipani, came up with this at the time, which seems fairly logical, from book, I mean post #85,572

"Correct me if I am wrong, but I believe that customer list should therefore read:

1. Renesas
2. Megachips
3. Ford
4. Mercedes
5. Vorago
6. NASA
7. Valeo
8. ISL
9. ???
10. ???

Which leaves us with only two mystery customers that fall into the category of either being an EAP customer or have used Akida technology to develop a proof of concept, as we would have found out about any additional IP licensees via price-sensitive ASX announcements"


I questioned whether Ford could still be considered a customer, as we have heard nothing, since LDN days.

 

[Diogenese]

Mistakes happen, but, it's not a good look.
Particularly in sales, the adage is, that you only get one chance at a first impression.
These stupid errors keep on occurring and they should be getting this stuff proofed, before it's released.
Particularly when we are prowling for the eye's of a partner who would then be contemplating getting into bed with us, and will be relying upon us to provide efficient and effective implementation and ongoing support.

Spellchecker?

 

[Fullmoonfever]

Those reports have shown many time an increase in more shorts then actual shares traded to so this whole short reporting insuspect in my opinion just another black box they must be under a NDA.

You can just go to the ASIC short reports website.

Though in saying that, their disclaimers etc instill very little confidence in the transparency and legitimacy of the numbers.

Kinda like just using an effen dartboard to put the numbers together.

If you can't audit trail or provide a legit compliance framework and process to hold those who short to account, then why bother at all.

Loan out your stocks / short....oh well, let's just work on the honesty system...in the stock market....yeah right

Short position reports table | ASIC

asic.gov.au

 

[IloveLamp]

Apologies if posted already

5 Startup Opportunities In Computing

We explore several promising areas in computing where startups can hypothetically reap immense benefits if they are able to innovate.

www.forbes.com

 

[GazDix]

Evening DingoBorat ,

Yep , I started getting the very same feeling some time ago.

Hence how I voted at the AGM .

Regards,
Esq.

Actually, with all that's going on, I'm beginning to wonder, if all the mistakes, the most recent bad one (that Im aware of) being our new marketing manager's first slide spelling Australian wrong (which is something that could possibly be overlooked and be genuine) but getting the ASX stock code wrong??
BRD instead of BRN??

Are these deliberate mistakes, to deter investors and help out particular parties??

I'm losing confidence in particular areas of management, of this Company.

That's not to say BrainChip and AKIDA won't be successful, but it looks increasingly like fishy things are happening, behind close doors and under the table, for the express benefit of other parties.

For me there has been no doubt since Sean has come on board.

But this is the game. Give you hope. Get rid of the retail with Mercedes pump and dump. Get rid of more us pesky retail who research by not using the ASX at all with non PS Anns.
Next is silence. The odd patent here and there. Exhaust long term holders. There is only so many SOI to be taken and it seems the top 20 take most.

The run down from 50 cents to 40 I think was painful and it was then I knew something wasn't right. The penny dropped. This company's culture changed.

But this isn't new. So I decided long ago to play as an insto but with limited info and funds of course. Once interest rates maybe are confirmed to go lower in September in the US and liquidity comes back to finance the monstrous debt bill and we swim in money but Brainchip sits in silence. I can't see a way out as momentum will take any potential gains away hence the CR recently too I suppose. Our time is really soon or never IMO.

 

[MadMayHam | 合氣道]

For me there has been no doubt since Sean has come on board.

But this is the game. Give you hope. Get rid of the retail with Mercedes pump and dump. Get rid of more us pesky retail who research by not using the ASX at all with non PS Anns.
Next is silence. The odd patent here and there. Exhaust long term holders. There is only so many SOI to be taken and it seems the top 20 take most.

The run down from 50 cents to 40 I think was painful and it was then I knew something wasn't right. The penny dropped. This company's culture changed.

But this isn't new. So I decided long ago to play as an insto but with limited info and funds of course. Once interest rates maybe are confirmed to go lower in September in the US and liquidity comes back to finance the monstrous debt bill and we swim in money but Brainchip sits in silence. I can't see a way out as momentum will take any potential gains away hence the CR recently too I suppose. Our time is really soon or never IMO.

With the share prices where they are, the next thing we know is that the CR will fail as potential shareholders would rather buy on exchange at 18c (and falling) as opposed to a direct issue at 19.3c. Existing SOI and new shares are pari-passu. Unless we already have a cornerstone investor for the CR (not likely given the wording of the ASX releases), or the share prices spike, this is bound to happen.

Worst case scenario that will leave us with barely 4Q of runway and then contracts will not be signed due to inadequate capitalisation, corporate "white knight" enters and scoops up our tech for a steal.

I'm sorry but management really needs to be disinfected from the top... and pronto.

 

[DK6161]

Be patient peeps. New podcast coming next week to hopefully answer some of our questions or reveal whats in the works.
My guess is a guest from a potential partner, highlighting some of the potential advantages of using lower-power edge AI

 

[DingoBorat]

With the share prices where they are, the next thing we know is that the CR will fail as potential shareholders would rather buy on exchange at 18c as opposed to a direct issue at 19.3c. SOI and new shares are pari-passu.

I'm sorry but management really needs to be disinfected from the top... and pronto.

I don't think the retail shareholder CR will fail, as it's only 3 million dollars AUD.

Multiple shorter accounts, will happily soak them up, to lock in bets that are in the money, as genuine selling, is not in large volumes.

The main 20 million AUD CR is fully underwritten by Capital, meaning it's guaranteed in the bag.

The 2 million AUD from LDA sale of shares, is also fully underwritten.

All before costs.

 

[MadMayHam | 合氣道]

Be patient peeps. New podcast coming next week to hopefully answer some of our questions or reveal whats in the works.
My guess is a guest from a potential partner, highlighting some of the potential advantages of using lower-power edge AI

There are 39 podcasts on the BC website and not a single one of them has ever had any effect on share price. Most of them are more like eavesdropping on them having coffee with an acquaintance, who usually doesn't even seem well acquainted with Akida (of course there were a few exceptions). Unfortunately Sean's lingo is what I call the "use vague feel-good language and delay expectations" corporate speak, I've seen many managers like him in my time in the corporate world unfortunately.

He did tell us to judge him by the numbers though, so that is what I am doing. The numbers are dismal, and the quarterly revenue run rate of US$48k (x4 = $192k) isn't even enough to pay 1/13th of his salary of US$2.58M.

 

[genyl]

And who are you? What a load of bollocks.

I am someone with enough brain capacity to understand that Sean has to go. Not my fault you are one of the slow ones. He will deliver nothing. Wait and see.

 

[CHIPS]

I am someone with enough brain capacity to understand that Sean has to go. Not my fault you are one of the slow ones. He will deliver nothing. Wait and see.

You posted 4 comments here since you joined on July 24 and think you know it all?

 

[DingoBorat]

There are 39 podcasts on the BC website and not a single one of them has ever had any effect on share price. Most of them are more like eavesdropping on them having coffee with an acquaintance, who usually doesn't even seem well acquainted with Akida (of course there were a few exceptions). Unfortunately Sean's lingo is what I call the "use vague feel-good language and delay expectations" corporate speak, I've seen many managers like him in my time in the corporate world unfortunately.

He did tell us to judge him by the numbers though, so that is what I am doing. The numbers are dismal, and the quarterly revenue run rate of US$48k (x4 = $192k) isn't even enough to pay 1/13th of his salary of US$2.58M.

To be fair, you can't extrapolate from a poor first quarter, of a Company that is still in the early stages of commercialisation and basically still pre-revenue.

When revenue does start flowing, it will be increasing each quarter and may never plateau.

Sean indicated, that we are on the cusp of sustainable revenue streams (and I'm currently clinging to those words like a small child to his teddy bear).

The miserable 48000k, may be the start of this (in spite of the previous quarter showing double).
Or it could just be from Edge Box pre-orders..

Revenues will start with a trickle, but will continually build.
We will only show large jumps/lumps of revenue, with IP licence fees.

 

[CHIPS]

To be fair, you can't extrapolate from a poor first quarter, of a Company that is still in the early stages of commercialisation and basically still pre-revenue.

When revenue does start flowing, it will be increasing each quarter and may never plateau.

Sean indicated, that we are on the cusp of sustainable revenue streams (and I'm currently clinging to those words like a small child to his teddy bear).

View attachment 67506


The miserable 48000k, may be the start of this (in spite of the previous quarter showing double).
Or it could just be from Edge Box pre-orders..

Revenues will start with a trickle, but will continually build.
We will only show large jumps/lumps of revenue, with IP licence fees.

Can I hold your teddy too, please? I am sad
I need a hug after this week's endless bloodbath at the stock market and urgently need BrainChip to succeed soon.

 

[DingoBorat]

Can I hold your teddy too, please? I am sad
I need a hug after this week's endless bloodbath at the stock market and urgently need BrainChip to succeed soon.

No.

 

[Dallas]

 

[genyl]

You posted 4 comments here since you joined on July 24 and think you know it all?

The fact that you judge my knowledge based on how many comments I wrote in here says it all about you Ive been invested since 2020 and follows everything this company is doing. My patience with Sean is gone. He almost had 3 years to make us succeed. The technology should literally sell itself. I respect if people want him to stay but I think new blood is necessary

 

[KiKi]

No.