BRN Discussion Ongoing

rgupta

Regular
Good morning fellow chippers!
What a great news to wake up to.
New CMO. Looks like big changes are being made! Great move Sean and co!
OMG how exciting! This will surely work for us👍

Can't help to think that if I recall correctly, our previous CMO Nandan had a lot of experience. He was Ex-ARM and came from Amazon. He was touted as the one we need to drive our product marketing globally through his connections. This was 2 years ago and got a lot of share holders excited. Then he left quietly.

I'd give this new guy 2-3 years top.

GLTAH
Not advice
How it was a news now, the information was all there in last 4c
 
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7fĂźr7

Top 20
Only holding XRP since last year and got in at 0.70au cashed a little out and holding long term hoping for a miracle along with BRN

View attachment 67797
The SEC is shit… they will never let XRP get like eth or Bitcoin … this shit is personal… the guy is out of control and like a pit bull if he manage to bite you once, it will never let you go. You have to break his Jaw
 
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Fenris78

Regular

Is it possible Akida is involved with MediaTek to compete with Qualcomm? Just searching for hope here with the depressed share price... years of silence from management is wearing thin.
 
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The SEC is shit… they will never let XRP get like eth or Bitcoin … this shit is personal… the guy is out of control and like a pit bull if he manage to bite you once, it will never let you go. You have to break his Jaw
Waiting for an appeal again even so they lost 😡
 
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Frangipani

Top 20
Catching up on some older posts…

I did. Last week via my bank account where I have my stocks. In Germany!

How? I thought it’s just for Australians and Neuseelander?

I also wondered about this, but I received a notification by ING DiBa about the capital raise and was asked if I want to buy.

The way I understand it:
Shareholders will NOT be eligible to participate in the SPP, unless they have a registered address in either Australia or New Zealand.
(It is not about nationality, though.)

You need to read your bank’s notification carefully!
This is what Consorsbank sent me - they explicitly note that it is your own duty to check in advance whether or not you are eligible to participate in the SPP, as they won’t do it (“Wir werden dahingehend keine Überprüfung vornehmen.”) and thus can’t be held liable.

They will, however, block the amount of money equivalent to your share purchase, once you have submitted your application form, so this sum won’t be at your disposal until BrainChip will have notified your bank that they won’t accept your order. (Not to mention possibly still charge you transaction fees.)

While it may feel unfair to be “discriminated against” for not having a registered address in either 🇦🇺 or 🇳🇿, the upside is, there is no need whatsoever for affected shareholders to have a guilty conscience when buying from anonymous strangers on the open market instead, which will currently get you quite a few additional shares compared to the fixed SPP issue price of A$0.193! 🤑😊

No financial advice, though.


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Frangipani

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7fĂźr7

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Catching up on some older posts…







The way I understand it:
Shareholders will NOT be eligible to participate in the SPP, unless they have a registered address in either Australia or New Zealand.
(It is not about nationality, though.)

You need to read your bank’s notification carefully!
This is what Consorsbank sent me - they explicitly note that it is your own duty to check in advance whether or not you are eligible to participate in the SPP, as they won’t do it (“Wir werden dahingehend keine Überprüfung vornehmen.”) and thus can’t be held liable.

They will, however, block the amount of money equivalent to your share purchase, once you have submitted your application form, so this sum won’t be at your disposal until BrainChip will have notified your bank that they won’t accept your order. (Not to mention possibly still charge you transaction fees.)

While it may feel unfair to be “discriminated against” for not having a registered address in either 🇦🇺 or 🇳🇿, the upside is, there is no need whatsoever for affected shareholders to have a guilty conscience when buying from anonymous strangers on the open market instead, which will currently get you quite a few additional shares compared to the fixed SPP issue price of A$0.193! 🤑😊

No financial advice, though.


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I personally did not mean nationality. The text clearly states 'Register address Australia or New Zealand.' So if I, coming from Germany, say 'I thought the offer was only for New Zealanders and Australians,' it should be clear what I mean. That’s why I wondered. By the way.. my bank still didn’t send me an offer. Thank god, I could buy cheaper by the free market!
 
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TECH

Regular
Good morning,

As I mentioned 2 weeks ago (approximately) the Investors Quarterly Update Podcast was hopefully going to be
presented during this week, "all going well" but delays do happen.

As we are basically halfway through this current quarter, I would have thought some commentary on our Akida AI Edge-Box
would have surfaced by now, as Sean will be addressing a question from Tony on this subject, maybe that's the hold-up ?

Close of business next Thursday sees the SPP done and dusted, with the pressure continuing on our share price below the
19.3c offering, it will be very interesting to see how the uptake plays out.

The talk of takeover again, seems to me as a signal of desperation, I still believe we will succeed on our own, at the edge, but
I'd certainly be lying to say this last 2 years have been easy, many have a sense of being somewhat pissed on different levels.

Have a pleasant weekend.

Tech (y)
 
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Guess you are right @DingoBorat and 300k shares is a better number than 200k only 75k to go between my personal and super totals and I better hurry up while the downrampers on here and HC are working overtime, plus I’ve gotten an extra 4000 plus shares buying them on market and not on that fab offer the company were giving us SH 😂


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So you say you're going for 300k in both your personal and Super? .

That's Fantastic Pom! 👍


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Dallas

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Adam

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Ethinvestor

Regular
My friend Just received this 2 hours ago in Europe. Anybody knows what it means?
 

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Ethinvestor

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My friend Just received this 2 hours ago in Europe. Anybody knows what it means?
Looks like it might have to do with the SPP, but if it does, their records are wrong and they didn't read the Share Purchase Plan Offer documentation..

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Which doesn't really make sense, for a Company, with a Global shareholder base..
 
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Frangipani

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My friend Just received this 2 hours ago in Europe. Anybody knows what it means?

Hi Ethinvestor,

I assume it refers to the SPP offer.

However, if your friend in Europe does not have a registered address in either OZ or NZ, he/she would not be eligible to participate in the offer anyway, cf my earlier post:

Catching up on some older posts…







The way I understand it:
Shareholders will NOT be eligible to participate in the SPP, unless they have a registered address in either Australia or New Zealand.
(It is not about nationality, though.)

You need to read your bank’s notification carefully!
This is what Consorsbank sent me - they explicitly note that it is your own duty to check in advance whether or not you are eligible to participate in the SPP, as they won’t do it (“Wir werden dahingehend keine Überprüfung vornehmen.”) and thus can’t be held liable.

They will, however, block the amount of money equivalent to your share purchase, once you have submitted your application form, so this sum won’t be at your disposal until BrainChip will have notified your bank that they won’t accept your order. (Not to mention possibly still charge you transaction fees.)

While it may feel unfair to be “discriminated against” for not having a registered address in either 🇦🇺 or 🇳🇿, the upside is, there is no need whatsoever for affected shareholders to have a guilty conscience when buying from anonymous strangers on the open market instead, which will currently get you quite a few additional shares compared to the fixed SPP issue price of A$0.193! 🤑😊

No financial advice, though.


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My bank in Germany also set August 12 (10 am CEST) as the deadline for the submission of the SPP application, presumably so they can process it and forward the info to BrainChip in time before the offer’s closing date (August 15, 5pm Sydney time) - you’d think in this day and age when we customarily no longer use carrier pigeons, they wouldn’t require that much handling time, but hey…

D73AF169-601B-4DD2-B6DA-01C81C4F4402.jpeg
 
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Hi Ethinvestor,

I assume it refers to the SPP offer.

However, if your friend in Europe does not have a registered address in either OZ or NZ, he/she would not be eligible to participate in the offer anyway, cf my earlier post:




My bank in Germany also set August 12 (10 am CEST) as the deadline for the submission of the SPP application, presumably so they can process it and forward the info to BrainChip in time before the offer’s closing date (August 15, 5pm Sydney time) - you’d think in this day and age when we customarily no longer use carrier pigeons, they wouldn’t require that much handling time, but hey…

View attachment 67821
You're too slow Frangipani 😛

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Frangipani

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Last edited:
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manny100

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Looks like it might have to do with the SPP, but if it does, their records are wrong and they didn't read the Share Purchase Plan Offer documentation..

View attachment 67822

Which doesn't really make sense, for a Company, with a Global shareholder base..
I guess it will reduce the amount of oversubscription for this raise.
 
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